35360 N 93rd WayScottsdaleAZ85262
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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
Rental property for sale in Scottsdale at 35360 N 93rd Way, Scottsdale, AZ, 85262 generates $3,741/mo in rent, after a $4,283/mo payment. Total monthly income is $3,741/mo. Return on cash invested sits at 13.61% in year one, and rental yield is 5.13% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 68.86% and total cumulative return in cash sums $198,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,741/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
8,295 sqft lot
$N/A/sqft
$345 quarterly 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: Kristal Parker • Real Broker
Mls Name: ARMLS
Mls Provider:
Mls ID: #6872145
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