5877 N Granite Reef Rd APT 2225ScottsdaleAZ85250
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
Investment Highlights
Investment property for sale in Scottsdale at 5877 N Granite Reef Rd APT 2225, Scottsdale, AZ, 85250 earns $143/mo cash flow from $1,996/mo rent with a $1,317/mo payment. Total monthly income totals $1,996/mo, and annual cash flow totals $1,710/yr on $89,172 capital. ROI tracks 21.83% on current figures, and rental yield reads 8.9% at a $268,995 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,318 over five years. Five-year ROI reaches 114.06% and total cumulative return in cash sums $101,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,996/mo property income instead of your personal income.
Apartment
Built in 1980
665 sqft lot
$N/A/sqft
$263 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85250, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,642 (100%) |
| Owner Occupied HU | 6,442 (66.8%) |
| Renter Occupied HU | 1,958 (20.3%) |
| Vacant Housing Units | 1,242 (12.9%) |
| Median Home Value | $618,652 |
| Average Home Value | $733,635 |
Housing Distribution
Address Breakdown
Residential
9,446
Single Family
7,009
Multi-Family
2,437
Businesses
551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela S Barney • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6807325
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