720 N 82nd St Unit E107 · Scottsdale, AZ 85257

$141,900

2 bd · 1.0 ba · 773 sqft · Condo · 338 Days on market

Built 1963 $184/sqft · 9% above area Est $130k · 9% over $364/mo HOA · 21% of rent

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Why this score? — see what drove the D 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 +13.7/30.0
• 1% rule +7.1/10.0
• Schools +4.8/10.0
• DSCR +4.2/10.0
• Livability +4.0/5.0
• ARV discount +3.4/15.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful Ground floor, remodeled 2 bdrm, 1 bath. New paint, doors, windows, kitchen, bath, flooring. Fully equipped Eat-in kitchen has:new side by side Refrigerator with ice/water, Granite Countertops, Gorgeous pull out soft close drawers & cabinets, deep sink & high end faucet. Redone full bathroom, Dual pane windows & Doors. Private, gated covered patio exits to your cov. parking! Coop is Cash only, No Rentals allowed, quick & easy board & credit approval done, no Title fees-buyer has membership for life. $364 monthly covers: Taxes, Water, Termites, Roofs, Buildings, full repair of A/C & HEATING UNITS, WATER HEATER, ELECTRICAL & PLUMBING in walls, 13 laundry rms, 7 pools(2 heated), Sport court, picnic & play areas. Near 202 &101 freeways, shopping, parks bus stop & free trolley. Perfect for winter visitors, ASU students, or just wanting maintenance free living in the heart of Scottsdale.

Key facts

• Remodeled
• Laundry rooms
• Eat-in kitchen

Tags

• REMODELED
• EAT-IN KITCHEN
• GRANITE COUNTERTOPS
• PRIVATE GATED COVERED PATIO
• DUAL PANE WINDOWS
• LAUNDRY ROOMS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $142k.

Deal economics

• At list price, monthly cash flow is $11 ($138/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $142k).
• Recommended offer: $125k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.4% 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.
• Zoned schools: Cheyenne Traditional School (math 78% / reading 75%, grade A, #24 of 1,109 statewide, top 2%, 880 students, 4% FRL); Coronado High School (math 8% / reading 12%, grade F, #343 of 381 statewide, top 93%, 740 students, 64% FRL).
• Market conditions: Rents rising (+2.8%/yr); 270 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $981 of loan paydown is wiped out by about $4k 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 338 days — a 12% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 27y ago; this cycle's ask has dropped $8k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $28k; list at $142k implies a 407% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.
• Climate carrying-cost: extreme-heat days projected 6→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $124,872 (12.0% below list)

Questions for the listing agent

1. It's been on market 338 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 1.21% ✓
• Cap rate: 6.39%
• Cash-on-cash: 0.35%
• DSCR: 1.02
• GRM: 6.9

CMA / ARV

• ARV (median comp): $130,132
• List price: $141,900
• Delta: 9.04%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.8% rent growth · sell at horizon

5-year hold

• IRR: -15.8%
• Equity multiple: 0.44×
• Total profit: $-22,359
• Equity at exit: $21,158

10-year hold

• IRR: -7.6%
• Equity multiple: 0.52×
• Total profit: $-18,925
• Equity at exit: $12,269

Cash invested: $39,732 (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

5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

Methodology + full state rankings →

ZIP-level market 85257

• Rents YoY: 2.8%
• Active inventory: 270
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,717 high
• Mortgage (P&I): −$744
• Tax est. 1.5%: −$177 /mo · $2,128/yr
• Insurance: −$59
• HOA: −$364
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $11

Break-even live

Break-even rent $1,702

Max offer price $141,900

Occupancy floor 94%

Sensitivity live

Price	-10% $110	-5% $60	+0% $11	+5% $-38	+10% $-87
Rent	-10% $-124	-5% $-56	+0% $11	+5% $79	+10% $147
Rate	-1.0pp $83	-0.5pp $48	base $11	+0.5pp $-25	+1.0pp $-63

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: $35,475
• Closing costs: $4,257
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8155 E Roosevelt St #110 Scottsdale, AZ	2.0	2.0	939	$2,100	$2.24	45d	1	0.15mi
8030 E Garfield St Unit 06 Scottsdale, AZ	1.0	1.0	696	$1,299	$1.87	22d	1	0.22mi
885 N Granite Reef Rd Scottsdale, AZ	2.0	2.0–2.5	1000	$1,462	$1.46	15d	1	0.27mi
835 N Granite Reef Rd #18 Scottsdale, AZ	2.0	2.0	855	$1,450	$1.70	4d	1	0.30mi
835 N Granite Reef Rd Unit 6A Scottsdale, AZ	2.0	2.0	855	$1,499	$1.75	7d	1	0.30mi
985 N Granite Reef Rd Scottsdale, AZ	2.0	2.0–2.5	1020	$1,662	$1.63	6d	9	0.30mi
935 N Granite Reef Rd Unit 126A Scottsdale, AZ	2.0	2.0	855	$1,599	$1.87	6d	1	0.31mi
935 N Granite Reef Rd #87 Scottsdale, AZ	2.0	2.0	855	$1,599	$1.87	19d	1	0.31mi
935 N Granite Reef Rd Unit 141 Scottsdale, AZ	2.0	2.0	855	$1,599	$1.87	26d	1	0.31mi
7902 E Kimsey Ln Scottsdale, AZ	3.0	2.0	1066	$3,200	$3.00	45d	1	0.31mi
985 N Granite Reef Rd Scottsdale, AZ	2.0	2.0–2.5	1022	$1,382	$1.35	21d	8	0.33mi
8529 E Portland St Scottsdale, AZ	2.0	1.0	936	$1,425	$1.52	23d	1	0.49mi
1261 N Granite Reef Rd Scottsdale, AZ	2.0	1.5	950	$1,500	$1.58	26d	1	0.51mi
848 N 86th Pl Scottsdale, AZ	3.0	2.0	1100	$2,512	$2.28	16d	1	0.52mi
1254 N 85th Pl Scottsdale, AZ	2.0	1.5	950	$1,599	$1.68	22d	1	0.57mi
8535 E Belleview St Scottsdale, AZ	2.0	2.0	937	$1,995	$2.13	20d	1	0.57mi
1221 N 85th Pl Apt 204 Scottsdale, AZ	1.0	1.0	602	$1,395	$2.32	22d	1	0.59mi
8530 E Belleview St Scottsdale, AZ	2.0	1.5	950	$1,800	$1.89	16d	1	0.59mi
1221 N 85th Pl Unit 101 Scottsdale, AZ	1.0	1.0	602	$1,395	$2.32	5d	1	0.60mi
1221 N 85th Pl Unit 109 Scottsdale, AZ	2.0	2.0	863	$1,795	$2.08	15d	1	0.60mi
1350 N 85th Pl Scottsdale, AZ	2.0	2.0	936	$1,525	$1.63	26d	1	0.60mi
1346 N 85th Pl Scottsdale, AZ	2.0	1.5	950	$1,749	$1.84	26d	1	0.61mi
1346 N 85th Pl Scottsdale, AZ	2.0	2.0	950	$1,745	$1.84	23d	1	0.61mi
1406 N 85th Pl Scottsdale, AZ	2.0	2.0	1009	$1,541	$1.53	6d	1	0.65mi
1406 N 85th Pl Scottsdale, AZ	1.0	1.0	650	$1,357	$2.09	26d	1	0.65mi
303 N Miller Rd #1005 Scottsdale, AZ	2.0	1.0	850	$1,275	$1.50	9d	1	0.70mi
525 N Miller Rd #145 Scottsdale, AZ	2.0	2.0	945	$2,100	$2.22	45d	1	0.71mi
8625 E Belleview Pl #1069 Scottsdale, AZ	2.0	2.0	917	$1,800	$1.96	26d	1	0.71mi
525 N Miller Rd Scottsdale, AZ	2.0	2.0	1028	$2,000	$1.94	9d	2	0.74mi
525 N Miller Rd Scottsdale, AZ	2.0–3.0	2.0–3.0	1173	$1,100	$0.94	6d	3	0.74mi
7602 E Polk St Unit 101 Scottsdale, AZ	2.0	1.0	720	$1,475	$2.05	5d	1	0.77mi
8625 E Belleview Pl Scottsdale, AZ	2.0	2.0	908	$1,775	$1.95	5d	3	0.77mi
303 N Miller Rd Scottsdale, AZ	2.0	1.0	850	$1,238	$1.46	4d	2	0.78mi
8521 E McDowell Rd Unit 1374247P Scottsdale, AZ	2.0	2.0	936	$2,335	$2.49	9d	1	0.79mi
1217 N Miller Rd #14 Scottsdale, AZ	2.0	2.0	1026	$1,950	$1.90	26d	1	0.79mi
8550 E McDowell Rd Scottsdale, AZ	1.0–2.0	1.0–2.0	823	$1,771	$2.15	1d	9	0.80mi
8407 E Coronado Rd Unit 4 Scottsdale, AZ	1.0	1.0	821	$999	$1.22	26d	1	0.82mi
8407 E Coronado Rd Unit 5 Scottsdale, AZ	1.0	1.0	821	$999	$1.22	20d	1	0.82mi
8407 E Coronado Rd Unit 5 Scottsdale, AZ	1.0	1.0	821	$999	$1.22	1d	1	0.82mi
1251 N Miller Rd Scottsdale, AZ	1.0	1.0	600	$1,615	$2.69	9d	1	0.87mi

HOA detail condo

• Monthly dues: $364 · $4,368/yr
• Likely covers: waterelectricpoolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-21
   days on market $141,900 Active 338 DOM
2. 2026-06-18
   days on market $141,900 Active 335 DOM
3. 2026-06-17
   days on market $141,900 Active 334 DOM
4. 2026-06-16
   days on market $141,900 Active 333 DOM
5. 2026-06-15
   days on market $141,900 Active 332 DOM
6. 2026-06-13
   days on market $141,900 Active 330 DOM
7. 2026-06-09
   days on market $141,900 Active 326 DOM
8. 2026-06-08
   days on market $141,900 Active 325 DOM
9. 2026-06-07
   pricedays on market $141,900 Active 324 DOM
10. 2026-06-04
    days on market $145,000 Active 321 DOM
11. 2026-06-03
    days on market $145,000 Active 320 DOM
12. 2026-06-02
    days on market $145,000 Active 319 DOM
13. 2026-06-01
    days on market $145,000 Active 318 DOM
14. 2026-05-31
    days on market $145,000 Active 317 DOM
15. 2026-01-27
    price $145,000 944-char remark

    Show marketing remark (944 chars)

    Beautiful Ground floor, remodeled 2 bdrm, 1 bath. New paint, doors, windows, kitchen, bath, flooring. Fully equipped Eat-in kitchen has:new side by side Refrigerator with ice/water, Granite Countertops, Gorgeous pull out soft close drawers & cabinets, deep sink & high end faucet. Redone full bathroom, Dual pane windows & Doors. Private, gated covered patio exits to your cov. parking! Coop is Cash only, No Rentals allowed, quick & easy board & credit approval done, no Title fees-buyer has membership for life. $364 monthly covers: Taxes, Water, Termites, Roofs, Buildings, full repair of A/C & HEATING UNITS, WATER HEATER, ELECTRICAL & PLUMBING in walls, 13 laundry rms, 7 pools(2 heated), Sport court, picnic & play areas. Near 202 &101 freeways, shopping, parks bus stop & free trolley. Perfect for winter visitors, ASU students, or just wanting maintenance free living in the heart of Scottsdale.

16. 2025-07-18
    listed $150,000 Active 944-char remark

    Show marketing remark (944 chars)

    Beautiful Ground floor, remodeled 2 bdrm, 1 bath. New paint, doors, windows, kitchen, bath, flooring. Fully equipped Eat-in kitchen has:new side by side Refrigerator with ice/water, Granite Countertops, Gorgeous pull out soft close drawers & cabinets, deep sink & high end faucet. Redone full bathroom, Dual pane windows & Doors. Private, gated covered patio exits to your cov. parking! Coop is Cash only, No Rentals allowed, quick & easy board & credit approval done, no Title fees-buyer has membership for life. $364 monthly covers: Taxes, Water, Termites, Roofs, Buildings, full repair of A/C & HEATING UNITS, WATER HEATER, ELECTRICAL & PLUMBING in walls, 13 laundry rms, 7 pools(2 heated), Sport court, picnic & play areas. Near 202 &101 freeways, shopping, parks bus stop & free trolley. Perfect for winter visitors, ASU students, or just wanting maintenance free living in the heart of Scottsdale.

17. 2000-02-20
    soldstatus $28,000 510-char remark

    Show marketing remark (510 chars)

    REFURBISHED,CUTE & CLEAN 2/1 GROUND LEVEL COOP W/ PRIVATE, SHADY PATIO & COVERED PARKING STEPS FROM YOUR DOOR! RECENT CARPET & PAINT SHOWS WELL. LAUNDRY & POOL ACROSS HALL. ALL AGES. CAN RENT TO RELATIVE, GOOD & AFFORDABLE FOR ASU STUDENTS. OWNER PAYS GAS & ELEC UTILS WHICH HAVE BEEN EXTREMELY LOW$. COOP MAINTAINS AIR/ HEAT,PLUMBING,ELECTRIC,BUILDINGS,ROOF,POOL GROUNDS,MOST EVERYTHING! 2 PETS OK UP TO 35LBS. CALL LISTER FOR 1 TIME DEP.& MINOR PET RULES.BEAUTIFULLY MAINTAINED IN

18. 2000-01-21
    historical 510-char remark

    Show marketing remark (510 chars)

    REFURBISHED,CUTE & CLEAN 2/1 GROUND LEVEL COOP W/ PRIVATE, SHADY PATIO & COVERED PARKING STEPS FROM YOUR DOOR! RECENT CARPET & PAINT SHOWS WELL. LAUNDRY & POOL ACROSS HALL. ALL AGES. CAN RENT TO RELATIVE, GOOD & AFFORDABLE FOR ASU STUDENTS. OWNER PAYS GAS & ELEC UTILS WHICH HAVE BEEN EXTREMELY LOW$. COOP MAINTAINS AIR/ HEAT,PLUMBING,ELECTRIC,BUILDINGS,ROOF,POOL GROUNDS,MOST EVERYTHING! 2 PETS OK UP TO 35LBS. CALL LISTER FOR 1 TIME DEP.& MINOR PET RULES.BEAUTIFULLY MAINTAINED IN

19. 1999-12-17
    listed $28,000 510-char remark

    Show marketing remark (510 chars)

    REFURBISHED,CUTE & CLEAN 2/1 GROUND LEVEL COOP W/ PRIVATE, SHADY PATIO & COVERED PARKING STEPS FROM YOUR DOOR! RECENT CARPET & PAINT SHOWS WELL. LAUNDRY & POOL ACROSS HALL. ALL AGES. CAN RENT TO RELATIVE, GOOD & AFFORDABLE FOR ASU STUDENTS. OWNER PAYS GAS & ELEC UTILS WHICH HAVE BEEN EXTREMELY LOW$. COOP MAINTAINS AIR/ HEAT,PLUMBING,ELECTRIC,BUILDINGS,ROOF,POOL GROUNDS,MOST EVERYTHING! 2 PETS OK UP TO 35LBS. CALL LISTER FOR 1 TIME DEP.& MINOR PET RULES.BEAUTIFULLY MAINTAINED IN

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 6 d/yr ≥112°F today · 14 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

Taxation est. · year 1

• Rental income: $20,599
• − Mortgage interest: −$7,949
• − Property taxes: −$2,128
• − Insurance: −$710
• − Repairs & maintenance: −$1,648
• − Management: −$1,648
• − HOA: −$4,368
• − Depreciation: −$4,128
• Taxable loss: −$1,979
• Est. tax savings @ 24.0%: +$475
• After-tax cash flow: $613/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

Amenities A+ Commute A+ Cost of living F Crime B+ Employment A+ Housing A- Health & safety C- User ratings B

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): 29,812
• Household income: $86,962
• Rent vs Own: 38.9% rent · 61.1% own
• Severe rent burden: 1086.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 16% Two or more races 13% Black 4% Asian 3% Native American 2%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Iranian 3% Romanian 3% Italian 3%
• Foreign-born: 8% · Canada, South Korea, China
• Languages at home: 88% English-only · Spanish 8% Other Indo-European 1% Korean 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: ▼ -411.72%
• Current HPI: 412.043
• Rent YoY: ▲ 2.80%
• 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
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

+417.9% since first listed

5 events — show timeline

• 2026-01-27 Price Changed $145,000 ARMLS
• 2025-07-18 Listed $150,000 ARMLS
• 2000-02-20 Sold (MLS) $28,000 ARMLS
• 2000-01-21 Listing Removed — ARMLS
• 1999-12-17 Listed $28,000 ARMLS