12175 E Columbine DrScottsdaleAZ85259
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
Rental property for sale in Scottsdale at 12175 E Columbine Dr, Scottsdale, AZ, 85259 generates $4,560/mo in rent, after a $8,120/mo payment. Total monthly income is $4,560/mo. Return on cash invested sits at 8.31% in year one, and rental yield is 3.3% on a $1,659,000 entry. Equity gained on principal adds $10,705/yr, while 5% annual appreciation builds toward $458,351 over five years. Five-year ROI reaches 40.28% and total cumulative return in cash sums $216,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.43 Acres lot
$N/A/sqft
$470 quarterly 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: Kathleen Renwick • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6796560
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