9600 N 96th St APT 216ScottsdaleAZ85258
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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 216, Scottsdale, AZ, 85258 listed at $308,900 pairs $2,153/mo rent with a $1,512/mo payment to leave $23/mo cash flow. Total monthly income runs $2,153/mo, and annual cash flow reaches $275/yr on $102,400 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 8.36% at a $308,900 basis. Equity gained on principal adds $1,993/yr, and annual property appreciation at 5% supports $85,343 by year five. Five-year ROI tracks 105.2% and total cumulative return in cash totals $107,722. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,153/mo property income relative to a $1,512/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1989
77 sqft lot
$N/A/sqft
$304 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: Stacey Mayes • Citiea
Mls Name: ARMLS
Mls Provider:
Mls ID: #6849766
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