11515 N 91st St UNIT 245ScottsdaleAZ85260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Scottsdale at 11515 N 91st St UNIT 245, Scottsdale, AZ, 85260 uses $153,136 cash to close to unlock $6,652/yr annual cash flow and $554/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $2,261/mo payment keeps the spread at $554/mo. Purchase price stands at $461,950, and rental yield measures 9.35% with $3,600/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $127,628 over five years. Five-year ROI reaches 126.67% and total cumulative return in cash records $193,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $2,261/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
47 sqft lot
$N/A/sqft
$315 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85260, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,177 (100%) |
| Owner Occupied HU | 11,358 (51.2%) |
| Renter Occupied HU | 7,872 (35.5%) |
| Vacant Housing Units | 2,947 (13.3%) |
| Median Home Value | $681,416 |
| Average Home Value | $778,660 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
8,288
Multi-Family
11,467
Businesses
3,843
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Casey Cuppy • Keller Williams Realty Phoenix
Mls Name: ARMLS
Mls Provider:
Mls ID: #6789872
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010