20802 N GRAYHAWK Drive #1184ScottsdaleAZ85255
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 20802 N GRAYHAWK Drive #1184, Scottsdale, AZ, 85255 in Scottsdale at $799,000 earns $5,400/mo in rent and nets $38/mo after the $3,593/mo payment, a 8.11% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $220,749 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $7,359/yr in principal paydown, total projected return reaches $345,567.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.2% |
| Monthly Cash Flow | $38 | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,400 |
| Total Monthly Debt Service | $4,405 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 2002
2,658 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
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
Townhouse
Built in 2002
2,658 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: ARMLS
Mls ID: #7001600