29936 N 166th WayScottsdaleAZ85262
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 29936 N 166th Way, Scottsdale, AZ, 85262 in Scottsdale worth modelling. At $975,000 with a 7.11% gross yield, the $5,777/mo rent leaves $13/mo after the $4,622/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.25 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $269,375 by year five; $8,173/yr in principal reduction adds further equity. Total projected return: $351,050.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 4.2% |
| Monthly Cash Flow | $13 | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,777 |
| Total Monthly Debt Service | $5,613 |
| DSCR Ratio | 1.03x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
1.05 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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bonnie Burke • RE/MAX Fine Properties
Mls Name: ARMLS
Mls ID: #6911501
