1650 N 87th Ter #B2ScottsdaleAZ85257
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1650 N 87th Ter #B2, Scottsdale, AZ, 85257 in Scottsdale at $185,000 earns $1,395/mo in rent and nets $1/mo after the $832/mo payment, a 9.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $51,112 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $1,704/yr in principal paydown, total projected return reaches $71,321.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.2% |
| Monthly Cash Flow | $1 | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,395 |
| Total Monthly Debt Service | $1,320 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1975
72 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85257, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,213 (100%) |
| Owner Occupied HU | 9,061 (49.8%) |
| Renter Occupied HU | 7,421 (40.7%) |
| Vacant Housing Units | 1,731 ( 9.5%) |
| Median Home Value | $513,087 |
| Average Home Value | $525,796 |
Housing Distribution
Address Breakdown
Residential
16,173
Single Family
10,935
Multi-Family
5,238
Businesses
841
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1975
72 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85257, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,213 (100%) |
| Owner Occupied HU | 9,061 (49.8%) |
| Renter Occupied HU | 7,421 (40.7%) |
| Vacant Housing Units | 1,731 ( 9.5%) |
| Median Home Value | $513,087 |
| Average Home Value | $525,796 |
Housing Distribution
Address Breakdown
Residential
16,173
Single Family
10,935
Multi-Family
5,238
Businesses
841
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Brossart • Keller Williams Realty Phoenix
Mls Name: ARMLS
Mls Provider:
Mls ID: #6806620
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