9600 N 96th St APT 213ScottsdaleAZ85258
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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 9600 N 96th St APT 213, Scottsdale, AZ, 85258 uses $95,804 cash to close to unlock $5,330/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $2,153/mo, and a $1,415/mo payment keeps the spread at $444/mo. Purchase price stands at $289,000, and rental yield measures 8.94% with $2,153/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 132.35% and total cumulative return in cash records $126,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,153/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1989
77 sqft lot
$N/A/sqft
No 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: Tammy Blackwell • HomeSmart
Mls Name: ARMLS
Mls ID: #6958528