20121 N 76th St UNIT 2029ScottsdaleAZ85255
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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 20121 N 76th St UNIT 2029, Scottsdale, AZ, 85255 generates $3,329/mo in rent, after a $3,176/mo payment. Total monthly income is $3,329/mo. Return on cash invested sits at 17.21% in year one, and rental yield is 6.16% on a $648,900 entry. Equity gained on principal adds $4,187/yr, while 5% annual appreciation builds toward $179,279 over five years. Five-year ROI reaches 87.99% and total cumulative return in cash sums $187,852. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,329/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A 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: Allison Swopes • Engel & Voelkers Scottsdale
Mls Name: ARMLS
Mls ID: #6945456