9551 E Redfield Rd UNIT 1061ScottsdaleAZ85260
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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 9551 E Redfield Rd UNIT 1061, Scottsdale, AZ, 85260 generates $3,600/mo in rent and, after a $2,445/mo payment, leaves $401/mo in cash flow. Total monthly income is $3,600/mo, and annual cash flow is $4,813/yr on $165,617 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 8.65% on a $499,600 entry. Equity gained on principal adds $3,224/yr, while 5% annual appreciation builds toward $138,030 over five years. Five-year ROI reaches 118.72% and total cumulative return in cash sums $196,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Townhouse
Built in 2007
540 sqft lot
$N/A/sqft
$246 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85260, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,177 (100%) |
| Owner Occupied HU | 11,358 (51.2%) |
| Renter Occupied HU | 7,872 (35.5%) |
| Vacant Housing Units | 2,947 (13.3%) |
| Median Home Value | $681,416 |
| Average Home Value | $778,660 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
8,288
Multi-Family
11,467
Businesses
3,843
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Listed by: Andrew Song • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6864596
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