29704 N 156th StScottsdaleAZ85262
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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 29704 N 156th St, Scottsdale, AZ, 85262 earns from $3,804/mo rent with a $5,384/mo payment. Total monthly income totals $3,804/mo. ROI tracks 11.28% on current figures, and rental yield reads 4.15% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 56.12% and total cumulative return in cash sums $200,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,804/mo property income instead of your personal income.
Single Family
Built in 2008
1.08 Acres lot
$N/A/sqft
No 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
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Listed by: Bonnie Burke • RE/MAX Fine Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6934886
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.