15823 N 56th WayScottsdaleAZ85254
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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 15823 N 56th Way, Scottsdale, AZ, 85254 earns $1,860/mo cash flow from $7,760/mo rent with a $4,885/mo payment. Total monthly income totals $7,760/mo, and annual cash flow totals $22,324/yr on $328,342 capital. ROI tracks 26.86% on current figures, and rental yield reads 9.33% at a $998,000 purchase. Equity gained on principal adds $6,440/yr, and 5% annual appreciation supports $275,729 over five years. Five-year ROI reaches 139.72% and total cumulative return in cash sums $458,760. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,760/mo property income instead of your personal income.
Single Family
Built in 1985
9,681 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85254, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,839 (100%) |
| Owner Occupied HU | 14,608 (64.0%) |
| Renter Occupied HU | 5,481 (24.0%) |
| Vacant Housing Units | 2,750 (12.0%) |
| Median Home Value | $691,065 |
| Average Home Value | $758,769 |
Housing Distribution
Address Breakdown
Residential
22,070
Single Family
14,461
Multi-Family
7,609
Businesses
1,610
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Listed by: Natasha E. Parmar • HomeSmart
Mls Name: ARMLS
Mls ID: #6940010