9115 E Purdue Ave UNIT 111ScottsdaleAZ85258
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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
Total monthly income runs $2,518/mo, and a $1,848/mo payment. Purchase price stands at $377,500, and rental yield measures 8% with $2,518/mo rent. Return on cash invested shows 19.65% in year one, and 5% annual appreciation builds toward $104,296 over five years. Five-year ROI reaches 102.21% and total cumulative return in cash records $127,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,518/mo property income covering a $1,848/mo payment rather than investor’s personal income.
Apartment
Built in 1984
110 sqft lot
$N/A/sqft
$313 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85258, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,892 (100%) |
| Owner Occupied HU | 9,868 (62.1%) |
| Renter Occupied HU | 3,100 (19.5%) |
| Vacant Housing Units | 2,924 (18.4%) |
| Median Home Value | $779,701 |
| Average Home Value | $848,217 |
Housing Distribution
Address Breakdown
Residential
14,419
Single Family
9,835
Multi-Family
4,584
Businesses
1,712
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Listed by: David Dudzic • Success Property Brokers
Mls Name: ARMLS
Mls Provider:
Mls ID: #6806567
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