3314 N 68th St UNIT 228ScottsdaleAZ85251
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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 3314 N 68th St UNIT 228, Scottsdale, AZ, 85251 listed at $277,900 pairs $2,093/mo rent with a $1,360/mo payment to leave $55/mo cash flow. Total monthly income runs $2,093/mo, and annual cash flow reaches $666/yr on $92,124 cash to close. Return on cash invested measures 20.63% in year one, and rental yield registers 9.04% at a $277,900 basis. Equity gained on principal adds $1,793/yr, and annual property appreciation at 5% supports $76,779 by year five. Five-year ROI tracks 108.24% and total cumulative return in cash totals $99,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,093/mo property income relative to a $1,360/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1971
94 sqft lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85251, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,269 (100%) |
| Owner Occupied HU | 10,332 (39.3%) |
| Renter Occupied HU | 11,651 (44.4%) |
| Vacant Housing Units | 4,286 (16.3%) |
| Median Home Value | $628,160 |
| Average Home Value | $737,287 |
Housing Distribution
Address Breakdown
Residential
24,405
Single Family
10,048
Multi-Family
14,357
Businesses
2,882
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Listed by: Tim Hadrich • Regent Goldstar Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6792722
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