9990 N Scottsdale Rd APT 1006Paradise ValleyAZ85253
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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 Paradise Valley at 9990 N Scottsdale Rd APT 1006, Paradise Valley, AZ, 85253 listed at $353,500 pairs $2,119/mo rent with a $1,730/mo payment to leave $30/mo cash flow. Total monthly income runs $2,119/mo, and annual cash flow reaches $355/yr on $117,185 cash to close. Return on cash invested measures 20.21% in year one, and rental yield registers 7.19% at a $353,500 basis. Equity gained on principal adds $2,281/yr, and annual property appreciation at 5% supports $97,666 by year five. Five-year ROI tracks 104.11% and total cumulative return in cash totals $122,001. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,119/mo property income relative to a $1,730/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1994
960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85253, Paradise Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,785 (100%) |
| Owner Occupied HU | 6,446 (73.4%) |
| Renter Occupied HU | 853 ( 9.7%) |
| Vacant Housing Units | 1,486 (16.9%) |
| Median Home Value | $1,611,239 |
| Average Home Value | $1,552,288 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
6,332
Multi-Family
1,597
Businesses
570
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Listed by: Maria J Boetger • HomeSmart
Mls Name: ARMLS
Mls ID: #6910147