16615 N 109th PlScottsdaleAZ85255
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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 16615 N 109th Pl, Scottsdale, AZ, 85255 generates $3,694/mo in rent, after a $5,384/mo payment. Total monthly income is $3,694/mo. Return on cash invested sits at 10.74% in year one, and rental yield is 4.03% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 53.26% and total cumulative return in cash sums $189,823. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,694/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
$156 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85255, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,483 (100%) |
| Owner Occupied HU | 15,546 (63.5%) |
| Renter Occupied HU | 5,244 (21.4%) |
| Vacant Housing Units | 3,693 (15.1%) |
| Median Home Value | $944,747 |
| Average Home Value | $1,113,441 |
Housing Distribution
Address Breakdown
Residential
23,562
Single Family
3,421
Multi-Family
20,141
Businesses
1,932
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Listed by: Ryan Gehris • Usrealty Estate Brokerage LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853288
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