20121 N 76th St UNIT 2029ScottsdaleAZ85255
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 20121 N 76th St UNIT 2029, Scottsdale, AZ, 85255 in Scottsdale. Rental yield 6.16%. The 1.14 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $179,279 and $5,976/yr in principal reduction project total return of $212,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 4.2% |
| Monthly Cash Flow | $(507) | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,329 |
| Total Monthly Debt Service | $3,578 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allison Swopes • Engel & Voelkers Scottsdale
Mls Name: ARMLS
Mls ID: #6945456