11216 N 129th WayScottsdaleAZ85259
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Scottsdale at 11216 N 129th Way, Scottsdale, AZ, 85259 generates $3,966/mo in rent, after a $5,379/mo payment. Total monthly income is $3,966/mo. Return on cash invested sits at 11.84% in year one, and rental yield is 4.33% on a $1,099,000 entry. Equity gained on principal adds $7,092/yr, while 5% annual appreciation builds toward $303,633 over five years. Five-year ROI reaches 59.11% and total cumulative return in cash sums $210,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,966/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85259, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,440 (100%) |
| Owner Occupied HU | 7,523 (72.1%) |
| Renter Occupied HU | 2,035 (19.5%) |
| Vacant Housing Units | 882 ( 8.4%) |
| Median Home Value | $873,619 |
| Average Home Value | $967,282 |
Housing Distribution
Address Breakdown
Residential
10,411
Single Family
7,719
Multi-Family
2,692
Businesses
233
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Listed by: Daniel Demers • Sell Your Home Services
Mls Name: ARMLS
Mls ID: #6939348