16008 N 60th StScottsdaleAZ85254
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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 16008 N 60th St, Scottsdale, AZ, 85254 generates $5,209/mo in rent, after a $8,247/mo payment. Total monthly income is $5,209/mo. Return on cash invested sits at 9.93% in year one, and rental yield is 3.71% on a $1,685,000 entry. Equity gained on principal adds $10,873/yr, while 5% annual appreciation builds toward $465,534 over five years. Five-year ROI reaches 48.83% and total cumulative return in cash sums $266,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,209/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
10,115 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: Zachary Hawker • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6860853
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