23987 N 112th PlScottsdaleAZ85255
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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 23987 N 112th Pl, Scottsdale, AZ, 85255 projects strong ROI of 4.65%. Rental yield 2%. With 5% annual appreciation, the property builds $994,337 in value over five years. Equity growth combined delivers a projected five-year ROI of 20.52%, translating into $239,276 in total cumulative return on $1,166,076 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2021
0.42 Acres 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: Colette M Potter-Bunch • RE/MAX Fine Properties
Mls Name: ARMLS
Mls ID: #6968857