8500 E Indian School Rd #220 · 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 8/10 · Major
- Hot days now (above 112°F)
- 6 days/yr
- Hot days in 30 yrs
- 15 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 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).
- ARV discount +13.8/15.0
- Cash flow +7.6/30.0
- Schools +4.8/10.0
- Livability +4.0/5.0
- 1% rule +3.0/10.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- DSCR +1.7/10.0
- Appreciation +0.0/10.0
$274,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
Key facts
- Black appliances
- Two master suites
- Granite counter tops
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $275k.
Deal economics
- At list price, monthly cash flow is $-325 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $218k (20.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $220k (19.8% below list).
- Recommended offer: $218k (20.9% below list) — sets the bar for cash-flow.
- Cap rate 4.9% 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 soft (-1.6%/yr); 582 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 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 $2k of loan paydown is wiped out by about $8k 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 283 days — a 12% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $45k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 283 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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?
- 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?
- 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
- 0.80% ✗
- Cap rate
- 4.88%
- Cash-on-cash
- -5.06%
- DSCR
- 0.77
- GRM
- 10.4
CMA / ARV
- ARV (median comp)
- $319,942
- List price
- $274,900
- Delta
- -14.08%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -28.6%
- Equity multiple
- 0.07×
- Total profit
- $-71,556
- Equity at exit
- $40,988
- IRR
- -48.0%
- Equity multiple
- -0.47×
- Total profit
- $-113,362
- Equity at exit
- $23,768
Cash invested: $76,972 (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 85251
- Rents YoY
- -1.6%
- Active inventory
- 582
- Price-to-rent
- 10.4×
Monthly cashflow live
- Estimated rent
- $2,204 high interval (Pro) →
- Mortgage (P&I)
- −$1,442
- Tax from tax record
- −$83 /mo · $996/yr
- Insurance
- −$115
- HOA
- −$427
- Vacancy / Maint / Mgmt
- −$463
- Net cashflow
- $-325
Break-even live
Sensitivity live
| Price | -10% $-169 | -5% $-247 | +0% $-325 | +5% $-403 | +10% $-480 |
|---|---|---|---|---|---|
| Rent | -10% $-499 | -5% $-412 | +0% $-325 | +5% $-238 | +10% $-151 |
| Rate | -1.0pp $-186 | -0.5pp $-255 | base $-325 | +0.5pp $-396 | +1.0pp $-468 |
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
- $68,725
- Closing costs
- $8,247
- 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 |
|---|---|---|---|---|---|---|---|---|
| 8500 E Indian School Rd #231 Scottsdale, AZ | 1.0 | 1.0 | 800 | $1,425 | $1.78 | 25d | 1 | 0.01mi |
| 8578 E Indian School Rd Scottsdale, AZ | 2.0 | 1.5 | 1219 | $2,500 | $2.05 | 11d | 1 | 0.09mi |
| 8576 E Indian School Rd Unit B Scottsdale, AZ | 1.0 | 1.0 | 800 | $2,200 | $2.75 | 44d | 1 | 0.11mi |
| 4354 N 82nd Pl Scottsdale, AZ | 1.0 | 1.0 | 790 | $1,299 | $1.64 | 0d | 1 | 0.34mi |
| 8301 E Indianola Ave Scottsdale, AZ | 3.0 | 1.5 | 1500 | $2,650 | $1.77 | 44d | 1 | 0.40mi |
| 4200 N 82nd St Scottsdale, AZ | 2.0 | 2.0 | 1031 | $2,038 | $1.98 | 21d | 3 | 0.42mi |
| 8608 E Whitton Ave Scottsdale, AZ | 3.0 | 2.0 | 1288 | $2,900 | $2.25 | 0d | 1 | 0.47mi |
| 4107 N 81st St Scottsdale, AZ | 3.0 | 1.0 | 991 | $1,649 | $1.66 | 0d | 1 | 0.48mi |
| 4107 N 81st St Scottsdale, AZ | 3.0 | 1.0 | 991 | $1,649 | $1.66 | 8d | 1 | 0.48mi |
| 8113 E Glenrosa Ave Scottsdale, AZ | 2.0 | 1.0 | 904 | $1,595 | $1.76 | 3d | 1 | 0.49mi |
| 3425 N 85th St Scottsdale, AZ | 3.0 | 2.0 | 1336 | $3,500 | $2.62 | 44d | 1 | 0.51mi |
| 4354 N 82nd St Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 888 | $2,700 | $3.04 | 2d | 7 | 0.52mi |
| 4354 N 82nd St Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 888 | $2,700 | $3.04 | 44d | 3 | 0.52mi |
| 4354 N 82nd St Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 888 | $2,700 | $3.04 | 0d | 7 | 0.52mi |
| 4354 N 82nd St Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 888 | $2,700 | $3.04 | 25d | 4 | 0.52mi |
| 4354 N 82nd St Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 888 | $2,700 | $3.04 | 5d | 8 | 0.52mi |
| 8037 E Glenrosa Ave Scottsdale, AZ | 2.0 | 1.0 | 907 | $1,599 | $1.76 | 25d | 1 | 0.54mi |
| 8713 E Osborn Rd Unit 1558648P Scottsdale, AZ | 3.0 | 2.0 | 1496 | $4,643 | $3.10 | 3d | 1 | 0.65mi |
| 3600 Hayden Rd Unit 1546274P Scottsdale, AZ | 1.0 | 1.0 | 721 | $1,863 | $2.58 | 13d | 1 | 0.74mi |
| 8518 E Rancho Vista Dr Scottsdale, AZ | 3.0 | 2.0 | 1260 | $2,395 | $1.90 | 44d | 1 | 0.78mi |
| 3500 N Hayden Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 843 | $5,000 | $5.93 | 3d | 11 | 0.79mi |
| 3500 N Hayden Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 840 | $5,000 | $5.95 | 44d | 3 | 0.79mi |
| 3600 N Hayden Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 848 | $6,000 | $7.07 | 44d | 8 | 0.81mi |
| 3600 N Hayden Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 848 | $6,000 | $7.07 | 21d | 9 | 0.81mi |
| 3600 N Hayden Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 848 | $6,000 | $7.07 | 8d | 11 | 0.81mi |
| 3600 N Hayden Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 848 | $6,000 | $7.07 | 4d | 9 | 0.81mi |
| 3600 N Hayden Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 848 | $6,000 | $7.07 | 6d | 10 | 0.81mi |
| 3600 N Hayden Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 843 | $5,900 | $6.99 | 0d | 7 | 0.81mi |
| 7910 E Camelback Rd #211 Scottsdale, AZ | 2.0 | 2.0 | 1200 | $1,875 | $1.56 | 0d | 1 | 0.84mi |
| 7814 E Heatherbrae Ave Unit B Scottsdale, AZ | 2.0 | 2.0 | 923 | $2,095 | $2.27 | 5d | 1 | 0.84mi |
| 7940 E Camelback Rd Scottsdale, AZ | 2.0–3.0 | 2.0–3.0 | 1665 | $1,795 | $1.08 | 8d | 3 | 0.85mi |
| 7940 E Camelback Rd Scottsdale, AZ | 2.0–3.0 | 2.0–3.0 | 1665 | $1,795 | $1.08 | 19d | 3 | 0.85mi |
| 7979 E Camelback Rd Scottsdale, AZ | 1.0–2.0 | 1.0–2.0 | 906 | $1,768 | $1.95 | 0d | 26 | 0.85mi |
| 7835 E Glenrosa Ave #2 Scottsdale, AZ | 2.0 | 2.5 | 1408 | $2,200 | $1.56 | 3d | 1 | 0.85mi |
| 7920 E Camelback Rd #601 Scottsdale, AZ | 2.0 | 2.0 | 1332 | $2,295 | $1.72 | 44d | 1 | 0.87mi |
| 7802 E Heatherbrae Ave #1 Scottsdale, AZ | 2.0 | 1.0 | 900 | $1,699 | $1.89 | 25d | 1 | 0.87mi |
| 7802 E Heatherbrae Ave Unit 2 Scottsdale, AZ | 2.0 | 1.0 | 900 | $2,100 | $2.33 | 5d | 1 | 0.87mi |
| 8730 E Rancho Vista Dr Scottsdale, AZ | 3.0 | 2.0 | 1383 | $3,200 | $2.31 | 44d | 1 | 0.88mi |
| 4343 N 78th St Scottsdale, AZ | 2.0 | 1.0–2.0 | 698 | $1,522 | $2.18 | 2d | 12 | 0.89mi |
| 8361 E Avalon Dr Scottsdale, AZ | 2.0 | 2.0 | 1005 | $4,600 | $4.58 | 44d | 1 | 0.90mi |
HOA detail condo
- Monthly dues
- $427 · $5,124/yr
- Likely covers
- poolsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 22 events
-
2026-06-18days on market $274,900 Active 283 DOM
-
2026-06-17days on market $274,900 Active 282 DOM
-
2026-06-16days on market $274,900 Active 281 DOM
-
2026-06-15days on market $274,900 Active 280 DOM
-
2026-06-13days on market $274,900 Active 278 DOM
-
2026-06-09days on market $274,900 Active 274 DOM
-
2026-06-08days on market $274,900 Active 273 DOM
-
2026-06-07days on market $274,900 Active 272 DOM
-
2026-06-04days on market $274,900 Active 269 DOM
-
2026-06-03days on market $274,900 Active 268 DOM
-
2026-06-02days on market $274,900 Active 267 DOM
-
2026-06-01days on market $274,900 Active 266 DOM
-
2026-05-31days on market $274,900 Active 265 DOM
-
2026-03-24status Active 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
-
2026-03-24price $299,900 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
-
2026-01-28status Active 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
-
2026-01-28price $309,000 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
-
2026-01-16status Pending 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
-
2026-01-16historical 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
-
2026-01-16price $314,000 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
-
2025-12-12price $309,000 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
-
2025-07-03$319,900 Active 827-char remark
Show marketing remark (827 chars)
Welcome Home!!! This gorgeous 2 bedroom 2 bath home in the heart of Scottsdale is in a fantastic location. Close to restaurants, shopping, schools, parks, multiple golf courses & easy access to the 101 Fwy. You'll love the layout of this upper level home. Your kitchen offers granite counter tops, black appliances, a pantry & plenty of cabinetry for storage & organization. This home offers two master suites, one with a walk in closet & both offer granite counter top vanity's. As well as diamond laid tile flooring, a covered tiled balcony that looks out to the bbq & pool area, a convenient in unit washer & dryer, a covered parking spot #16 & a front security door for your privacy. This gem in the desert is a Great Buy & a Must See!!! **Furniture is available on a separate bill of sale.
ⓘ 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
- $996 · $83/mo
- Projected year-2 tax
- $1,814 · $151/mo
- Expected delta
- +$818/yr (+$68/mo · 82.1%)
ⓘ 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 8/10 Severe 6 d/yr ≥112°F today · 15 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
- $26,451
- − Mortgage interest
- −$15,399
- − Property taxes
- −$996
- − Insurance
- −$1,374
- − Repairs & maintenance
- −$2,116
- − Management
- −$2,116
- − HOA
- −$5,124
- − Depreciation
- −$7,997
- Taxable loss
- −$8,671
- Est. tax savings @ 24.0%
- +$2,081
- After-tax cash flow
- $-1,816/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)
- 40,780
- Household income
- $92,851
- Rent vs Own
- Severe rent burden
- 2259.0
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 (77%)
- Race & ethnicity
- White 77% Hispanic / Latino 14% Two or more races 10% Asian 2% Black 2%
- Hispanic origin (detail)
- Mexican 11%
- Common ancestry
- Italian 5% Romanian 3% Portuguese 3%
- Foreign-born
- 9% · Canada
- Languages at home
- 88% English-only · Spanish 7% Other Indo-European 2% French/Haitian/Cajun 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
- ▼ -672.80%
- Current HPI
- 372.433
- Rent YoY
- ▼ -1.58%
- 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
-6.3% since first listed9 events — show timeline
- 2026-03-24 Relisted — ARMLS
- 2026-03-24 Price Changed $299,900 ARMLS
- 2026-01-28 Relisted — ARMLS
- 2026-01-28 Price Changed $309,000 ARMLS
- 2026-01-16 Pending — ARMLS
- 2026-01-16 Listing Removed — ARMLS
- 2026-01-16 Price Changed $314,000 ARMLS
- 2025-12-12 Price Changed $309,000 ARMLS
- 2025-07-03 Listed $319,900 ARMLS
Property tax history
+0.8%/yrLatest (2025): $996 · +4.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…