12999 E Corrine 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
Investment property for sale in Scottsdale at 12999 E Corrine Dr, Scottsdale, AZ, 85259 projects strong ROI of 5.53%. Rental yield 2.39%. With 5% annual appreciation, the property builds $632,685 in value over five years. Equity growth combined delivers a projected five-year ROI of 25.36%, translating into $188,195 in total cumulative return on $741,960 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2000
0.62 Acres lot
$N/A/sqft
$1,206 semi-annually 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: Mike Domer • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6944113
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.