8548 E Mcdonald Dr · Scottsdale, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 9/10 · Severe
- Hot days now (above 112°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +17.2/30.0
- ARV discount +11.3/15.0
- DSCR +5.4/10.0
- Schools +4.8/10.0
- 1% rule +4.6/10.0
- Livability +4.0/5.0
- Rent growth +3.8/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$389,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Move-in ready 4 bed / 2.5 bath townhome in the heart of Scottsdale, just minutes from Old Town! This spacious home features a large eat-in kitchen with newly refinished cabinetry and sleek quartz countertops, along with a bright, functional layout and generous living areas. Enjoy a comfortable living space that flows seamlessly to a private patio, perfect for relaxing or entertaining. Additional highlights include two reserved parking spaces, extra storage, and in-unit washer and dryer for added convenience. Located in a well-maintained community with a community pool and playground, and close to Scottsdale shopping, dining, and outdoor activities including walking, biking, and hiking. Easy access to the 101 makes commuting a breeze.
Key facts
- Large eat-in kitchen
- Extra storage
- Private patio
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/3.0-bath condo listed at $389k.
Deal economics
- At list price, monthly cash flow is $280 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $373k (4.0% below list).
- Recommended offer: $373k (4.0% below list) — sets the bar for 1% rule.
- Cap rate 7.2% vs local median 2.5% in Scottsdale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 80/100 on livability (#4 in AZ, #1,756 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: health & safety C-, cost of living F.
- Scottsdale Unified District (4240) (urban): math 53% / reading 55% proficiency, ranked #30 of 249 in AZ (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising fast (+5.2%/yr); 203 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
- At $3,734/mo this rent would consume 47% of the median local household income ($96k/yr) (locally 288% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
- Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 49 days — a 3% lower offer ($377k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts since 13y ago; this cycle's ask is 12867% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 49 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
- Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.96% ✗
- Cap rate
- 7.16%
- Cash-on-cash
- 3.09%
- DSCR
- 1.14
- GRM
- 8.7
CMA / ARV
- ARV (median comp)
- $425,063
- List price
- $389,000
- Delta
- -8.48%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 5.17% rent growth · sell at horizon
- IRR
- -9.0%
- Equity multiple
- 0.66×
- Total profit
- $-36,797
- Equity at exit
- $58,001
- IRR
- 3.1%
- Equity multiple
- 1.25×
- Total profit
- $26,874
- Equity at exit
- $33,634
Cash invested: $108,920 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Arizona
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 85250
- Rents YoY
- 5.2%
- Active inventory
- 203
- Price-to-rent
- 8.7×
Monthly cashflow live
- Estimated rent
- $3,734 high interval (Pro) →
- Mortgage (P&I)
- −$2,040
- Tax from tax record
- −$68 /mo · $822/yr
- Insurance
- −$162
- HOA
- −$399
- Vacancy / Maint / Mgmt
- −$784
- Net cashflow
- $280
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $97,250
- Closing costs
- $11,670
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6063 N Granite Reef Rd Scottsdale, AZ | 3.0 | 2.5 | 1584 | $2,400 | $1.52 | 7d | 1 | 0.09mi |
| 5853 N Granite Reef Rd Unit 5853 Scottsdale, AZ | 3.0 | 2.5 | 1584 | $2,500 | $1.58 | 43d | 1 | 0.15mi |
| 8531 E Keim Dr Unit 1558682P Scottsdale, AZ | 4.0 | 3.0 | 2142 | $4,914 | $2.29 | 3d | 1 | 0.18mi |
| 8702 E Starlight Way Scottsdale, AZ | 3.0 | 2.0 | 1583 | $2,950 | $1.86 | 10d | 1 | 0.22mi |
| 8340 E McDonald Dr #1002 Scottsdale, AZ | 3.0 | 2.5 | 1809 | $3,300 | $1.82 | 21d | 1 | 0.23mi |
| 8340 E McDonald Dr Scottsdale, AZ | 3.0 | 2.5 | 1854 | $3,398 | $1.83 | 3d | 1 | 0.23mi |
| 8420 E Keim Dr Scottsdale, AZ | 4.0 | 2.0 | 2154 | $4,400 | $2.04 | 24d | 1 | 0.24mi |
| 8656 E Solano Dr Scottsdale, AZ | 3.0 | 2.0 | 1540 | $3,750 | $2.44 | 18d | 1 | 0.24mi |
| 8372 E Solano Dr Scottsdale, AZ | 3.0 | 2.5 | 1714 | $2,750 | $1.60 | 43d | 1 | 0.26mi |
| 8738 E Starlight Way Scottsdale, AZ | 3.0 | 1.5 | 1583 | $3,500 | $2.21 | 43d | 1 | 0.28mi |
| 5818 N Granite Reef Rd Scottsdale, AZ | 4.0 | 3.0 | 1679 | $5,900 | $3.51 | 43d | 1 | 0.30mi |
| 8743 E Berridge Ln Scottsdale, AZ | 3.0 | 2.0 | 1559 | $2,650 | $1.70 | 18d | 1 | 0.30mi |
| 8737 E Rose Ln Scottsdale, AZ | 4.0 | 2.0 | 1654 | $5,000 | $3.02 | 43d | 1 | 0.36mi |
| 8225 E Berridge Ln Scottsdale, AZ | 4.0 | 2.0 | 1746 | $2,895 | $1.66 | 20d | 1 | 0.38mi |
| 8225 E Berridge Ln Scottsdale, AZ | 4.0 | 2.0 | 1746 | $2,895 | $1.66 | 43d | 1 | 0.38mi |
| 8625 E Lincoln Dr Scottsdale, AZ | 4.0 | 2.0 | 1837 | $6,500 | $3.54 | 43d | 1 | 0.48mi |
| 8308 E Buena Terra Way Scottsdale, AZ | 3.0 | 2.0 | 1852 | $3,495 | $1.89 | 43d | 1 | 0.49mi |
| 5909 N 81st St Scottsdale, AZ | 3.0 | 2.5 | 1344 | $5,000 | $3.72 | 43d | 1 | 0.50mi |
| 8501 E Jackrabbit Rd Scottsdale, AZ | 4.0 | 3.0 | 2050 | $6,000 | $2.93 | 43d | 1 | 0.52mi |
| 6508 N 85th Pl Scottsdale, AZ | 4.0 | 3.0 | 1816 | $5,400 | $2.97 | 3d | 1 | 0.53mi |
| 8307 E Arlington Rd Scottsdale, AZ | 4.0 | 2.0 | 1956 | $4,500 | $2.30 | 24d | 1 | 0.55mi |
| 5420 N Granite Reef Rd Scottsdale, AZ | 3.0 | 2.0 | 1575 | $4,199 | $2.67 | 43d | 1 | 0.61mi |
| 5420 N Granite Reef Rd Scottsdale, AZ | 3.0 | 2.0 | 1575 | $3,600 | $2.29 | 7d | 1 | 0.61mi |
| 8737 E Sage Dr Scottsdale, AZ | 4.0 | 2.0 | 1795 | $3,300 | $1.84 | 20d | 1 | 0.63mi |
| 8225 E Jackrabbit Rd Scottsdale, AZ | 3.0 | 2.0 | 1655 | $7,995 | $4.83 | 3d | 1 | 0.64mi |
| 8426 E Plaza Ave Scottsdale, AZ | 3.0 | 2.5 | 1372 | $7,000 | $5.10 | 43d | 1 | 0.65mi |
| 8737 E Plaza Ave Scottsdale, AZ | 3.0 | 2.0 | 1620 | $3,650 | $2.25 | 21d | 1 | 0.72mi |
| 8737 E Plaza Ave Scottsdale, AZ | 3.0 | 2.0 | 1620 | $3,650 | $2.25 | 24d | 1 | 0.72mi |
| 8611 E Vista Dr Scottsdale, AZ | 3.0 | 2.0 | 1756 | $3,995 | $2.28 | 23d | 1 | 0.78mi |
| 6630 N 81st Pl Scottsdale, AZ | 3.0 | 2.5 | 1704 | $4,900 | $2.88 | 43d | 1 | 0.81mi |
| 7906 E Keim Dr Scottsdale, AZ | 3.0 | 1.0 | 1053 | $3,700 | $3.51 | 43d | 1 | 0.81mi |
| 7931 E San Miguel Ave #8 Scottsdale, AZ | 3.0 | 2.5 | 1673 | $2,700 | $1.61 | 14d | 1 | 0.82mi |
| 7908 E Solano Dr Scottsdale, AZ | 3.0 | 2.0 | 1850 | $7,500 | $4.05 | 43d | 1 | 0.86mi |
| 7845 E Valley Vista Dr Scottsdale, AZ | 3.0 | 2.0 | 1053 | $2,450 | $2.33 | 43d | 1 | 0.88mi |
| 8413 E Orange Blossom Ln Scottsdale, AZ | 3.0 | 2.0 | 1260 | $3,500 | $2.78 | 43d | 1 | 0.88mi |
| 7818 E Rovey Ave Scottsdale, AZ | 3.0 | 2.0 | 1233 | $3,250 | $2.64 | 43d | 1 | 0.89mi |
| 6249 N 78th St #13 Scottsdale, AZ | 3.0 | 3.0 | 1925 | $7,500 | $3.90 | 14d | 1 | 0.89mi |
| 8141 E Vista Dr Scottsdale, AZ | 3.0 | 2.5 | 1728 | $2,850 | $1.65 | 23d | 1 | 0.92mi |
| 8601 E Orange Blossom Ln Scottsdale, AZ | 3.0 | 2.0 | 1570 | $2,700 | $1.72 | 43d | 1 | 0.92mi |
| 5998 N 78th St Scottsdale, AZ | 2.0–3.0 | 2.0 | 1852 | $3,250 | $1.75 | 7d | 2 | 0.92mi |
HOA detail condo
- Monthly dues
- $399 · $4,788/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-06-13days on market $389,000 Active 49 DOM
-
2026-06-13pricedays on market $389,000 Active 48 DOM
-
2026-06-09days on market $389,900 Active 45 DOM
-
2026-06-08days on market $389,900 Active 44 DOM
-
2026-06-07days on market $389,900 Active 43 DOM
-
2026-06-04days on market $389,900 Active 40 DOM
-
2026-06-03days on market $389,900 Active 39 DOM
-
2026-06-02days on market $389,900 Active 38 DOM
-
2026-06-01days on market $389,900 Active 37 DOM
-
2026-05-31days on market $389,900 Active 36 DOM
-
2026-05-17price $389,900 744-char remark
Show marketing remark (744 chars)
Move-in ready 4 bed / 2.5 bath townhome in the heart of Scottsdale, just minutes from Old Town! This spacious home features a large eat-in kitchen with newly refinished cabinetry and sleek quartz countertops, along with a bright, functional layout and generous living areas. Enjoy a comfortable living space that flows seamlessly to a private patio, perfect for relaxing or entertaining. Additional highlights include two reserved parking spaces, extra storage, and in-unit washer and dryer for added convenience. Located in a well-maintained community with a community pool and playground, and close to Scottsdale shopping, dining, and outdoor activities including walking, biking, and hiking. Easy access to the 101 makes commuting a breeze.
-
2026-05-11price $399,800 744-char remark
Show marketing remark (744 chars)
Move-in ready 4 bed / 2.5 bath townhome in the heart of Scottsdale, just minutes from Old Town! This spacious home features a large eat-in kitchen with newly refinished cabinetry and sleek quartz countertops, along with a bright, functional layout and generous living areas. Enjoy a comfortable living space that flows seamlessly to a private patio, perfect for relaxing or entertaining. Additional highlights include two reserved parking spaces, extra storage, and in-unit washer and dryer for added convenience. Located in a well-maintained community with a community pool and playground, and close to Scottsdale shopping, dining, and outdoor activities including walking, biking, and hiking. Easy access to the 101 makes commuting a breeze.
-
2026-04-30status Active 744-char remark
Show marketing remark (744 chars)
Move-in ready 4 bed / 2.5 bath townhome in the heart of Scottsdale, just minutes from Old Town! This spacious home features a large eat-in kitchen with newly refinished cabinetry and sleek quartz countertops, along with a bright, functional layout and generous living areas. Enjoy a comfortable living space that flows seamlessly to a private patio, perfect for relaxing or entertaining. Additional highlights include two reserved parking spaces, extra storage, and in-unit washer and dryer for added convenience. Located in a well-maintained community with a community pool and playground, and close to Scottsdale shopping, dining, and outdoor activities including walking, biking, and hiking. Easy access to the 101 makes commuting a breeze.
-
2026-04-29$3,000
-
2026-04-19status Pending 744-char remark
Show marketing remark (744 chars)
Move-in ready 4 bed / 2.5 bath townhome in the heart of Scottsdale, just minutes from Old Town! This spacious home features a large eat-in kitchen with newly refinished cabinetry and sleek quartz countertops, along with a bright, functional layout and generous living areas. Enjoy a comfortable living space that flows seamlessly to a private patio, perfect for relaxing or entertaining. Additional highlights include two reserved parking spaces, extra storage, and in-unit washer and dryer for added convenience. Located in a well-maintained community with a community pool and playground, and close to Scottsdale shopping, dining, and outdoor activities including walking, biking, and hiking. Easy access to the 101 makes commuting a breeze.
-
2026-04-15$399,900 Active 744-char remark
Show marketing remark (744 chars)
Move-in ready 4 bed / 2.5 bath townhome in the heart of Scottsdale, just minutes from Old Town! This spacious home features a large eat-in kitchen with newly refinished cabinetry and sleek quartz countertops, along with a bright, functional layout and generous living areas. Enjoy a comfortable living space that flows seamlessly to a private patio, perfect for relaxing or entertaining. Additional highlights include two reserved parking spaces, extra storage, and in-unit washer and dryer for added convenience. Located in a well-maintained community with a community pool and playground, and close to Scottsdale shopping, dining, and outdoor activities including walking, biking, and hiking. Easy access to the 101 makes commuting a breeze.
-
2023-03-03historical 468-char remark
Show marketing remark (468 chars)
Nothing to do here, but move in! 4 bedroom 2.5 bath townhome/condo in the heart of Scottsdale. Large eat-in kitchen with newly refinished cabinets and new quartz countertops. Updated baths, new carpeting in spacious living room and bedrooms. Upgraded French door to private patio, 2 reserved parking spaces, and extra storage areas. Close to Scottsdale shopping, easy access to the 101, walking, hiking, biking and more! Lovely community pool and playground. Must see!
-
2023-03-03soldstatus $412,000
Show marketing remark (468 chars)
Nothing to do here, but move in! 4 bedroom 2.5 bath townhome/condo in the heart of Scottsdale. Large eat-in kitchen with newly refinished cabinets and new quartz countertops. Updated baths, new carpeting in spacious living room and bedrooms. Upgraded French door to private patio, 2 reserved parking spaces, and extra storage areas. Close to Scottsdale shopping, easy access to the 101, walking, hiking, biking and more! Lovely community pool and playground. Must see!
-
2023-03-02soldstatus $412,000 Closed 468-char remark
Show marketing remark (468 chars)
Nothing to do here, but move in! 4 bedroom 2.5 bath townhome/condo in the heart of Scottsdale. Large eat-in kitchen with newly refinished cabinets and new quartz countertops. Updated baths, new carpeting in spacious living room and bedrooms. Upgraded French door to private patio, 2 reserved parking spaces, and extra storage areas. Close to Scottsdale shopping, easy access to the 101, walking, hiking, biking and more! Lovely community pool and playground. Must see!
-
2023-02-14status Pending 468-char remark
Show marketing remark (468 chars)
Nothing to do here, but move in! 4 bedroom 2.5 bath townhome/condo in the heart of Scottsdale. Large eat-in kitchen with newly refinished cabinets and new quartz countertops. Updated baths, new carpeting in spacious living room and bedrooms. Upgraded French door to private patio, 2 reserved parking spaces, and extra storage areas. Close to Scottsdale shopping, easy access to the 101, walking, hiking, biking and more! Lovely community pool and playground. Must see!
-
2023-02-01historical Under Contract Accepting Backups 468-char remark
Show marketing remark (468 chars)
Nothing to do here, but move in! 4 bedroom 2.5 bath townhome/condo in the heart of Scottsdale. Large eat-in kitchen with newly refinished cabinets and new quartz countertops. Updated baths, new carpeting in spacious living room and bedrooms. Upgraded French door to private patio, 2 reserved parking spaces, and extra storage areas. Close to Scottsdale shopping, easy access to the 101, walking, hiking, biking and more! Lovely community pool and playground. Must see!
-
2023-01-28$399,000 Active 468-char remark
Show marketing remark (468 chars)
Nothing to do here, but move in! 4 bedroom 2.5 bath townhome/condo in the heart of Scottsdale. Large eat-in kitchen with newly refinished cabinets and new quartz countertops. Updated baths, new carpeting in spacious living room and bedrooms. Upgraded French door to private patio, 2 reserved parking spaces, and extra storage areas. Close to Scottsdale shopping, easy access to the 101, walking, hiking, biking and more! Lovely community pool and playground. Must see!
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2022-10-21historical
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2022-09-19price $435,000
-
2022-08-11$450,000 Active
-
2022-08-04historical
-
2022-07-27price $457,000
-
2022-07-27status Active
-
2022-07-26historical Under Contract Accepting Backups
-
2022-07-26status Active
-
2022-07-25status Pending
-
2022-07-01price $459,000
-
2022-06-15price $462,500
-
2022-06-10status Active
-
2022-06-01historical Under Contract Accepting Backups
-
2022-05-29price $465,000
-
2022-05-29status Active
-
2022-05-23status Pending
-
2022-05-21status Active
-
2022-05-12Under Contract Accepting Backups
-
2022-04-12historical Under Contract Accepting Backups
-
2022-04-07$439,000 Active
-
2015-07-23historical
-
2015-07-22soldstatus $207,500 Closed
-
2015-07-22soldstatus $207,500
-
2015-06-20status Pending
-
2015-05-28$219,000 Active
-
2014-05-13historical
-
2014-05-13price $198,000
-
2014-02-28price $199,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast AZ · Resets to sale price
- Current annual tax
- $822 · $68/mo
- Projected year-2 tax
- $2,567 · $214/mo
- Expected delta
- +$1,745/yr (+$145/mo · 212.3%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥112°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $44,810
- − Mortgage interest
- −$21,790
- − Property taxes
- −$822
- − Insurance
- −$1,945
- − Repairs & maintenance
- −$3,585
- − Management
- −$3,585
- − HOA
- −$4,788
- − Depreciation
- −$11,316
- Taxable loss
- −$3,021
- Est. tax savings @ 24.0%
- +$725
- After-tax cash flow
- $4,091/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Scottsdale Unified District (4240)
- NCES district ID
- 0407570
- Math proficiency
- 53% ▼ -10.00%
- Reading proficiency
- 55% ▼ -8.00%
- Median HH income
- $70,139
- Composite
- 48.02/100
- National rank
- #2196
- State rank
- #30 of 249 in AZ
Livability — Scottsdale
- Score
- 80/100
- State rank
- #4
- US rank
- #1756
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Scottsdale, AZ
- County
- Maricopa County · 4,537,380 people
- City population
- 290,846
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 15,394
- Household income
- $95,761
- Rent vs Own
- Severe rent burden
- 288.0
Population outlook (Maricopa County) Hauer SSP2
- Today (2025)
- 4,979,203 people
- By 2030
- 5,378,229 · +8.0%
- By 2040
- 6,156,598 · +23.6%
- By 2050
- 6,872,376 · +38.0%
- By 2075
- 8,401,270 · +68.7%
- By 2100
- 9,247,439 · +85.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (78%)
- Race & ethnicity
- White 78% Hispanic / Latino 8% Two or more races 8% Asian 5% Native American 2% Black 1%
- Hispanic origin (detail)
- Mexican 6%
- Common ancestry
- Romanian 4% Portuguese 2% Lithuanian 2%
- Foreign-born
- 10% · Canada, South Korea, Vietnam
- Languages at home
- 91% English-only · Spanish 4% Other Indo-European 2% Russian/Polish/Slavic 1%
Political lean MEDSL · Maricopa
- 2024 margin
- Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
- 2008→2024 swing
- +7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
- All cycles
- 2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -568.01%
- Current HPI
- 385.5354
- Rent YoY
- ▲ 5.17%
- Metro
- Phoenix-Mesa-Chandler, AZ
- State GDP YoY
- ▲ 4.54%
- F500 in state
- 20
Industry mix (Fortune 500 HQ in AZ)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 2 | $13B |
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| Mining / Metals | 1 | $23B |
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| Environmental Services | 1 | $16B |
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| Metals / Steel | 1 | $14B |
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| Technology Distribution | 1 | $9B |
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| Homebuilding | 1 | $8B |
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Price history
+1153.7% since first listed52 events — show timeline
- 2026-05-17 Price Changed $389,900 ARMLS
- 2026-05-11 Price Changed $399,800 ARMLS
- 2026-04-30 Relisted — ARMLS
- 2026-04-29 Listed for Rent $3,000 ARMLS
- 2026-04-19 Pending — ARMLS
- 2026-04-15 Listed $399,900 ARMLS
- 2023-03-03 Listing Removed — ARMLS
- 2023-03-03 Sold (Public Records) $412,000 Public Records
- 2023-03-02 Sold (MLS) $412,000 ARMLS
- 2023-02-14 Pending — ARMLS
- 2023-02-01 Contingent — ARMLS
- 2023-01-28 Listed $399,000 ARMLS
- 2022-10-21 Listing Removed — ARMLS
- 2022-09-19 Price Changed $435,000 ARMLS
- 2022-08-11 Listed $450,000 ARMLS
- 2022-08-04 Listing Removed — ARMLS
- 2022-07-27 Price Changed $457,000 ARMLS
- 2022-07-27 Relisted — ARMLS
- 2022-07-26 Contingent — ARMLS
- 2022-07-26 Relisted — ARMLS
- 2022-07-25 Pending — ARMLS
- 2022-07-01 Price Changed $459,000 ARMLS
- 2022-06-15 Price Changed $462,500 ARMLS
- 2022-06-10 Relisted — ARMLS
- 2022-06-01 Contingent — ARMLS
- 2022-05-29 Price Changed $465,000 ARMLS
- 2022-05-29 Relisted — ARMLS
- 2022-05-23 Pending — ARMLS
- 2022-05-21 Relisted — ARMLS
- 2022-05-12 Listed — ARMLS
- 2022-04-12 Contingent — ARMLS
- 2022-04-07 Listed $439,000 ARMLS
- 2015-07-23 Listing Removed — ARMLS
- 2015-07-22 Sold (Public Records) $207,500 Public Records
- 2015-07-22 Sold (MLS) $207,500 ARMLS
- 2015-06-20 Pending — ARMLS
- 2015-05-28 Listed $219,000 ARMLS
- 2014-05-13 Listing Removed — ARMLS
- 2014-05-13 Price Changed $198,000 ARMLS
- 2014-02-28 Price Changed $199,900 ARMLS
- 2014-02-14 Price Changed $207,000 ARMLS
- 2014-02-06 Price Changed $209,900 ARMLS
- 2014-01-23 Price Changed $212,000 ARMLS
- 2013-12-28 Price Changed $212,500 ARMLS
- 2013-11-01 Price Changed $214,900 ARMLS
- 2013-10-16 Price Changed $215,000 ARMLS
- 2013-10-14 Price Changed $218,900 ARMLS
- 2013-09-28 Price Changed $220,000 ARMLS
- 2013-07-26 Listed $230,000 ARMLS
- 2002-04-30 Sold (Public Records) $110,000 Public Records
- 1983-07-06 Sold (Public Records) $65,000 Public Records
- 1977-04-21 Sold (Public Records) $31,100 Public Records
Property tax history
-1.3%/yrLatest (2025): $822 · +4.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…