11723 N 114th PlScottsdaleAZ85259
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11723 N 114th Pl, Scottsdale, AZ, 85259 in Scottsdale deserves attention. This $542,000 property earns $4,560/mo in rent, a 10.1% gross yield, and nets $1,356/mo after the $2,437/mo payment. DSCR 1.87 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $149,745 compounds alongside $4,992/yr in yearly equity build, for a total cumulative return of $292,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 4.2% |
| Monthly Cash Flow | $1,356 | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,560 |
| Total Monthly Debt Service | $2,988 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1994
3,212 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
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
Townhouse
Built in 1994
3,212 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Williams • HomeSmart
Mls Name: ARMLS
Mls ID: #6921939