16801 N 94th St APT 2034ScottsdaleAZ85260
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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 16801 N 94th St APT 2034, Scottsdale, AZ, 85260 offers a 9.15% rental yield on a $424,000 purchase with $3,234/mo rent. Total monthly income registers $3,234/mo, and a $2,075/mo payment leaves $353/mo available for distribution. Annual cash flow reaches $4,235/yr on $140,556 to close, and return on cash invested stands at 22.92% in year one. Equity gained on principal adds $2,736/yr while 5% annual appreciation supports $117,143 over five years. Portfolio math shows five-year ROI at 119.78% and total cumulative return in cash at $168,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,234/mo property income against a $2,075/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 2002
137 sqft lot
$N/A/sqft
$375 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: Melissa O'Donnell • Arrowpoint Realty, Inc.
Mls Name: ARMLS
Mls Provider:
Mls ID: #6899741
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.