27440 N Alma School Pkwy #31-3ScottsdaleAZ85262
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 27440 N Alma School Pkwy #31-3, Scottsdale, AZ, 85262 in Scottsdale achieves 1.71, rent of $1,514/mo covers the $886/mo payment 1.5x over at $197,000. Rental yield 9.22%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $54,427 over five years, with $1,814/yr in principal reduction bringing total projected return to $12,838.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 4.2% |
| Monthly Cash Flow | $(1,052) | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,514 |
| Total Monthly Debt Service | $2,488 |
| DSCR Ratio | 0.61x |
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.
Townhouse
Built in 2003
2,714 sqft lot
$N/A/sqft
$1,402 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85262, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,668 (100%) |
| Owner Occupied HU | 6,133 (70.8%) |
| Renter Occupied HU | 338 ( 3.9%) |
| Vacant Housing Units | 2,197 (25.3%) |
| Median Home Value | $1,157,056 |
| Average Home Value | $1,297,474 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
3,373
Multi-Family
5,206
Businesses
137
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 2003
2,714 sqft lot
$N/A/sqft
$1,402 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85262, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,668 (100%) |
| Owner Occupied HU | 6,133 (70.8%) |
| Renter Occupied HU | 338 ( 3.9%) |
| Vacant Housing Units | 2,197 (25.3%) |
| Median Home Value | $1,157,056 |
| Average Home Value | $1,297,474 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
3,373
Multi-Family
5,206
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Lucky • Russ Lyon Sotheby's International Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6768010
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010