835 N Granite Reef Rd UNIT 12ScottsdaleAZ85257
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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 835 N Granite Reef Rd UNIT 12, Scottsdale, AZ, 85257 offers a 8.44% rental yield on a $299,950 purchase with $2,110/mo rent. Total monthly income registers $2,110/mo, and a $1,468/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,045/yr on $99,433 to close, and return on cash invested stands at 23.98% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,871 over five years. Portfolio math shows five-year ROI at 124.32% and total cumulative return in cash at $123,620. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,110/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
479 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85257, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,213 (100%) |
| Owner Occupied HU | 9,061 (49.8%) |
| Renter Occupied HU | 7,421 (40.7%) |
| Vacant Housing Units | 1,731 ( 9.5%) |
| Median Home Value | $513,087 |
| Average Home Value | $525,796 |
Housing Distribution
Address Breakdown
Residential
16,173
Single Family
10,935
Multi-Family
5,238
Businesses
841
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Listed by: Jodi Geiger • HomeSmart
Mls Name: ARMLS
Mls ID: #6955125