19475 N Grayhawk Dr UNIT 2062ScottsdaleAZ85255
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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 19475 N Grayhawk Dr UNIT 2062, Scottsdale, AZ, 85255 uses $176,015 cash to close to unlock $2,809/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $3,397/mo, and a $2,619/mo payment keeps the spread at $234/mo. Purchase price stands at $535,000, and rental yield measures 7.62% with $3,397/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 111.83% and total cumulative return in cash records $196,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,397/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
121 sqft lot
$N/A/sqft
No 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: David A Simkins • Fathom Realty Elite
Mls Name: ARMLS
Mls ID: #6942968