16420 N Thompson Peak Pkwy UNIT 1002ScottsdaleAZ85260
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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 16420 N Thompson Peak Pkwy UNIT 1002, Scottsdale, AZ, 85260 generates $3,625/mo in rent, after a $2,643/mo payment. Total monthly income is $3,625/mo. Return on cash invested sits at 19.97% in year one, and rental yield is 8.06% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 103.83% and total cumulative return in cash sums $184,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,625/mo property income rather than buyer’s personal income.
Townhouse
Built in 2000
1,500 sqft lot
$N/A/sqft
$447 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85260, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,177 (100%) |
| Owner Occupied HU | 11,358 (51.2%) |
| Renter Occupied HU | 7,872 (35.5%) |
| Vacant Housing Units | 2,947 (13.3%) |
| Median Home Value | $681,416 |
| Average Home Value | $778,660 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
8,288
Multi-Family
11,467
Businesses
3,843
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Listed by: Bill Nelson • R & R Properties of Arizona, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6866688
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.