29851 N 78th WayScottsdaleAZ85266
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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
Total monthly income runs $4,898/mo, and a $6,240/mo payment. Purchase price stands at $1,274,999, and rental yield measures 4.61% with $4,898/mo rent. Return on cash invested shows 12.71% in year one, and 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 63.74% and total cumulative return in cash records $263,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,898/mo property income covering a $6,240/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85266, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,678 (100%) |
| Owner Occupied HU | 5,157 (77.2%) |
| Renter Occupied HU | 247 ( 3.7%) |
| Vacant Housing Units | 1,274 (19.1%) |
| Median Home Value | $941,338 |
| Average Home Value | $1,117,185 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
2,636
Multi-Family
3,646
Businesses
155
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Listed by: Scott Sykes • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6768319
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