6166 N Scottsdale Rd UNIT B2001Paradise ValleyAZ85253
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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 Paradise Valley at 6166 N Scottsdale Rd UNIT B2001, Paradise Valley, AZ, 85253 earns from $1,992/mo rent with a $4,058/mo payment. Total monthly income totals $1,992/mo. ROI tracks 7.26% on current figures, and rental yield reads 2.88% at a $829,000 purchase. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 over five years. Five-year ROI reaches 34.64% and total cumulative return in cash sums $94,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,992/mo property income instead of your personal income.
Condo
Built in 2016
1,028 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85253, Paradise Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,785 (100%) |
| Owner Occupied HU | 6,446 (73.4%) |
| Renter Occupied HU | 853 ( 9.7%) |
| Vacant Housing Units | 1,486 (16.9%) |
| Median Home Value | $1,611,239 |
| Average Home Value | $1,552,288 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
6,332
Multi-Family
1,597
Businesses
570
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Listed by: Madison Wetter • Realty ONE Group
Mls Name: ARMLS
Mls ID: #6928247