12512 E Cortez DrScottsdaleAZ85259
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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 12512 E Cortez Dr, Scottsdale, AZ, 85259 generates $4,897/mo in rent, after a $6,363/mo payment. Total monthly income is $4,897/mo. Return on cash invested sits at 12.43% in year one, and rental yield is 4.52% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 62.25% and total cumulative return in cash sums $262,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,897/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.32 Acres 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: Sarina Bergman • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls ID: #6940331