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20802 N Grayhawk Dr #1087
D- Composite 39.12
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 +8.3/30.0
  • Appreciation +7.8/10.0
  • ARV discount +4.4/15.0
  • Livability +4.0/5.0
  • Schools +3.8/10.0
  • Rent growth +3.6/5.0
  • 1% rule +2.5/10.0
  • Condition / age +2.5/5.0
  • DSCR +2.2/10.0

$825,000

20802 N Grayhawk Dr #1087 · Scottsdale, AZ 85255
3 bd · 4.0 ba · 2,267 sqft · Condo public records · 47 Days on market
Built 1997 $364/sqft · 9% above area Est $772k · 7% over $638/mo HOA · 10% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

Key facts

  • Updated bath
  • Renovated kitchen
  • Extended driveway

Tags

EXTENDED DRIVEWAYRENOVATED KITCHENPRIVATE COURTYARD ENTRYUPDATED BATHJACK-AND-JILL BATHROOMDEN OFFICE

Property features AI

Finance

  • Other: Directions available to gated entry (Raptor Retreat / Avian); Listing broker: Pak Home Realty
  • Financial info: Current financing: Conventional
  • HOA & community: Homeowners association with monthly fee of $415; Additional quarterly fee of $268.50; HOA covers roof repair and replacement, insurance, pest control, exterior and grounds maintenance, and front yard maintenance

Exterior

  • Parking: Two covered parking spaces; Two open parking spaces; Direct access parking; Two-car garage
  • Security: Security system (owned); Security guard; Fire sprinkler system
  • Utilities: City water; Public sewer
  • Home design: Townhouse (attached); Fee simple ownership
  • Construction: Stucco and wood frame construction; Painted exterior; Tile and foam roof
  • Exterior features: Sprinklers front and rear; Desert front and back landscaping; Front and back irrigation; Block fencing; Community pool; Community heated spa; Tennis courts; Biking/walking paths; Guarded/gated community with guarded entry

Interior

  • Kitchen: Built-in microwave; Multiple ovens; Walk-in pantry; Refrigerator; Dishwasher; Garbage disposal
  • Bedrooms: Includes 2 master bedrooms; Up to 3 possible bedrooms
  • Flooring: Carpet; Tile; Wood
  • Bathrooms: Two full bathrooms; One half bathroom (total 3 bathrooms)
  • Heating & cooling: Electric heating; Central air conditioning; Ceiling fans
  • Interior features: High-speed internet; Granite counters; Eat-in kitchen; Breakfast bar; 9+ foot flat ceilings; Upstairs living area; Two master bathrooms; Full bathroom in master bedroom; Solar screens; Dual-pane windows; Living room gas fireplace; Home warranty included
  • Laundry & utility: Indoor laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/4.0-bath condo listed at $825k.

Deal economics

  • At list price, monthly cash flow is $-758 ($-9k/yr) — negative.
  • To cash-flow at today's rent, offer at most $691k (16.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $617k (25.2% below list).
  • Recommended offer: $617k (25.2% below list) — sets the bar for 1% rule.
  • Cap rate 5.2% 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.
  • Paradise Valley Unified District (4241) (urban): math 39% / reading 46% proficiency, ranked #56 of 249 in AZ (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+4.4%/yr); 720 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
  • At $6,172/mo this rent would consume 53% of the median local household income ($141k/yr) (locally 1034% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $52k of equity ($6k loan paydown + $47k appreciation (5.6% local appreciation)).
  • Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$84k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 47 days — a 3% lower offer ($800k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 20y ago; this cycle's ask is 20525% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $675k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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.
Recommended offer $617,185 (25.2% below list)

Questions for the listing agent

  1. 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?
  2. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
  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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.75%
Cap rate
5.19%
Cash-on-cash
-3.94%
DSCR
0.82
GRM
11.1

CMA / ARV

ARV (median comp)
$771,828
List price
$825,000
Delta
6.89%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

5.64% appreciation · 4.42% rent growth · sell at horizon

5-year hold
IRR
11.8%
Equity multiple
1.78×
Total profit
$181,225
Equity at exit
$499,831
10-year hold
IRR
13.2%
Equity multiple
3.58×
Total profit
$595,297
Equity at exit
$890,623

Cash invested: $231,000 (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.

ZIP-level market 85255

Home prices YoY
1.7%
Rents YoY
4.4%
Active inventory
720
Price-to-rent
11.1×

Monthly cashflow live

Estimated rent
$6,172 high interval (Pro) →
Mortgage (P&I)
$4,326
Tax from tax record
$326 /mo · $3,911/yr
Insurance
$344
HOA
$638
Vacancy / Maint / Mgmt
$1,296
Net cashflow
$-758

Break-even live

Break-even rent $7,132
Max offer price $691,047
Occupancy floor

Sensitivity live

Price -10% $-291 -5% $-525 +0% $-758 +5% $-992 +10% $-1,225
Rent -10% $-1,246 -5% $-1,002 +0% $-758 +5% $-514 +10% $-271
Rate -1.0pp $-343 -0.5pp $-548 base $-758 +0.5pp $-972 +1.0pp $-1,190

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
$206,250
Closing costs
$24,750
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7940 E Quill Ln Scottsdale, AZ 4.0 3.5 3127 $15,000 $4.80 44d 1 0.17mi
20458 N 78th Way Scottsdale, AZ 4.0 2.0 1834 $4,500 $2.45 25d 1 0.20mi
7953 E Thunderhawk Rd Scottsdale, AZ 3.0 3.5 2715 $11,500 $4.24 44d 1 0.20mi
7917 E Thunderhawk Rd Scottsdale, AZ 4.0 3.0 2839 $7,500 $2.64 44d 1 0.20mi
20394 N 78th St Scottsdale, AZ 4.0 2.5 2441 $8,500 $3.48 44d 1 0.25mi
7798 E Buteo Dr Scottsdale, AZ 4.0 2.5 2575 $4,600 $1.79 5d 1 0.26mi
20802 N Grayhawk Dr Scottsdale, AZ 2.0–3.0 2.5 2295 $6,000 $2.61 2d 2 0.27mi
20802 N Grayhawk Dr Scottsdale, AZ 2.0–3.0 2.5 2030 $8,000 $3.94 44d 4 0.27mi
7789 E Journey Ln Scottsdale, AZ 3.0 2.0 1634 $4,700 $2.88 44d 1 0.27mi
8228 E Mohawk Ln Scottsdale, AZ 2.0 2.0 2306 $8,500 $3.69 44d 1 0.29mi
8224 E Angel Spirit Dr Scottsdale, AZ 3.0 2.0 2306 $9,500 $4.12 4d 1 0.31mi
8227 E Angel Spirit Dr Scottsdale, AZ 3.0 2.0 2366 $4,000 $1.69 44d 1 0.32mi
7725 E Journey Ln Scottsdale, AZ 3.0 2.0 1882 $4,250 $2.26 5d 1 0.35mi
7689 E Quill Ln Scottsdale, AZ 3.0 3.0 2319 $8,000 $3.45 44d 1 0.38mi
7711 E Thunderhawk Rd Scottsdale, AZ 4.0 3.0 2538 $3,895 $1.53 15d 1 0.39mi
8184 E Beardsley Rd Scottsdale, AZ 2.0 2.5 2244 $8,500 $3.79 44d 1 0.40mi
7729 E Tailspin Ln Scottsdale, AZ 3.0 2.0 1634 $3,400 $2.08 8d 1 0.41mi
8136 E Beardsley Rd Scottsdale, AZ 2.0 2.5 2244 $5,950 $2.65 44d 1 0.42mi
7670 E Quill Ln Scottsdale, AZ 3.0 2.0 2650 $4,200 $1.58 22d 1 0.42mi
7746 E Nestling Way Scottsdale, AZ 4.0 2.5 2575 $3,995 $1.55 44d 1 0.43mi
7743 E Nestling Way Scottsdale, AZ 4.0 2.5 2440 $9,000 $3.69 44d 1 0.44mi
8182 E Sierra Pinta Dr Scottsdale, AZ 3.0 3.0 2476 $3,950 $1.60 45d 1 0.47mi
20121 N 76th St #2043 Scottsdale, AZ 2.0 2.0 1854 $3,550 $1.91 44d 1 0.58mi
19838 N 84th St Scottsdale, AZ 3.0 3.0 2549 $12,000 $4.71 14d 1 0.72mi
19700 N 76th St Scottsdale, AZ 2.0–3.0 2.0 1633 $6,500 $3.98 44d 7 0.76mi
19700 N 76th St Scottsdale, AZ 2.0–3.0 2.0 1633 $6,500 $3.98 5d 14 0.76mi
7435 E Rustling Pass Scottsdale, AZ 3.0 2.0 1804 $8,500 $4.71 44d 1 0.84mi
19700 N 76th St Unit 1546077P Scottsdale, AZ 2.0 2.0 1722 $3,226 $1.87 15d 1 0.87mi
7323 E Wing Shadow Rd Scottsdale, AZ 3.0 2.0 2280 $5,000 $2.19 12d 1 0.88mi
20750 N 87th St Scottsdale, AZ 2.0–3.0 2.0–3.0 1930 $7,500 $3.89 22d 9 0.94mi
20750 N 87th St Scottsdale, AZ 2.0–3.0 2.0–3.0 1930 $7,500 $3.89 25d 8 0.94mi
7690 E San Fernando Dr Scottsdale, AZ 4.0 3.0 2662 $3,999 $1.50 44d 1 0.95mi
7500 E Deer Valley Rd Scottsdale, AZ 3.0–4.0 2.5–3.0 2110 $2,300 $1.09 4d 2 0.98mi
19550 N Grayhawk Dr Scottsdale, AZ 2.0–3.0 2.0–3.5 1814 $7,150 $3.94 44d 4 1.02mi
7314 E Gallego Ln Scottsdale, AZ 4.0 2.0 2058 $12,500 $6.07 44d 1 1.03mi
19475 N Grayhawk Dr Scottsdale, AZ 2.0–4.0 2.0–3.5 2155 $5,598 $2.60 44d 5 1.03mi
21546 N 72nd Way Scottsdale, AZ 4.0 2.0 1677 $3,400 $2.03 44d 1 1.08mi
8891 E Mountain Spring Rd Scottsdale, AZ 2.0 2.5 2431 $5,500 $2.26 5d 1 1.14mi
8882 E Flathorn Dr Scottsdale, AZ 3.0 3.0 2390 $8,000 $3.35 44d 1 1.15mi
8890 E Flathorn Dr Scottsdale, AZ 2.0 3.0 2431 $8,000 $3.29 22d 1 1.15mi

HOA detail condo

Monthly dues
$638 · $7,656/yr
Likely covers
watersecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 29 events

  1. 2026-06-09
    days on market $825,000 Active 47 DOM
  2. 2026-06-08
    days on market $825,000 Active 46 DOM
  3. 2026-06-07
    days on market $825,000 Active 45 DOM
  4. 2026-06-04
    days on market $825,000 Active 42 DOM
  5. 2026-06-03
    days on market $825,000 Active 41 DOM
  6. 2026-06-02
    days on market $825,000 Active 40 DOM
  7. 2026-06-01
    days on market $825,000 Active 39 DOM
  8. 2026-05-31
    days on market $825,000 Active 38 DOM
  9. 2026-04-29
    listed $4,000
  10. 2026-04-23
    listed $825,000 Active 1709-char remark
  11. 2025-04-30
    soldstatus $675,000
  12. 2025-04-07
    soldstatus $675,000 Closed 823-char remark
    Show marketing remark (823 chars)

    Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

  13. 2025-04-07
    soldstatus $675,000
    Show marketing remark (823 chars)

    Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

  14. 2025-03-25
    historical Under Contract Accepting Backups 823-char remark
    Show marketing remark (823 chars)

    Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

  15. 2025-03-11
    price $675,000 823-char remark
    Show marketing remark (823 chars)

    Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

  16. 2025-02-13
    price $699,900 823-char remark
    Show marketing remark (823 chars)

    Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

  17. 2025-01-26
    price $719,900 823-char remark
    Show marketing remark (823 chars)

    Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

  18. 2025-01-02
    listed $739,500 Active 823-char remark
    Show marketing remark (823 chars)

    Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

  19. 2024-12-31
    price $739,500 823-char remark
    Show marketing remark (823 chars)

    Beautiful town home in Avian at Grayhawk in guard gated Raptor Retreat. Lightly lived and beautifully maintained by original owners. Freshly painted. Great room concept, high ceilings & private courtyard entry. Two master suites + a den-office with Murphy bed. Kitchen overlooks formal dining, breakfast bar, great room & back patio. Upgrades include plantation shutters, hardwood floors, granite counters, new appliances; new LG refrigerator, microwave, dishwasher & new double oven. Installed desk & tile flooring in kitchen laundry area, new water heater & built-in bookcases in den. New tile flooring in master bath, new baseboards & new master bath walk-in tiled shower with tiled bench. Excellent location, near loop 101, shopping, dining, golfing, tennis & hiking trails. A must see home

  20. 2013-03-07
    historical
  21. 2013-01-11
    status Active
  22. 2013-01-07
    historical
  23. 2013-01-07
    listed $395,000 Active
  24. 2008-09-17
    historical
  25. 2008-04-13
    listed $497,500
  26. 2007-08-02
    historical
  27. 2007-06-14
    listed $567,000
  28. 2006-05-24
    historical
  29. 2006-02-15
    listed $552,000

ⓘ 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
$3,911 · $326/mo
Projected year-2 tax
$5,445 · $454/mo
Expected delta
+$1,534/yr (+$128/mo · 39.2%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
$74,062
− Mortgage interest
−$46,213
− Property taxes
−$3,911
− Insurance
−$4,125
− Repairs & maintenance
−$5,925
− Management
−$5,925
− HOA
−$7,656
− Depreciation
−$24,000
Taxable loss
−$23,692
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$5,686
After-tax cash flow
$-3,413/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
Paradise Valley Unified District (4241)
NCES district ID
0405930
Math proficiency
39% ▼ -11.00%
Reading proficiency
46% ▼ -7.00%
Median HH income
$64,106
Composite
37.89/100
National rank
#4316
State rank
#56 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)
45,346
Household income
$140,616
Rent vs Own
26.9% rent · 73.1% own
Severe rent burden
1034.0

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 (84%)
Race & ethnicity
White 84% Hispanic / Latino 7% Two or more races 6% Asian 4% Black 1%
Hispanic origin (detail)
Mexican 3%
Common ancestry
Romanian 4% Slovak 3% Italian 2%
Foreign-born
11% · Canada, South Korea, China
Languages at home
88% English-only · Spanish 5% Other Indo-European 3% Other Asian/Pacific 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
▲ 5.64%
Current HPI
330.9931
Rent YoY
▲ 4.42%
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

Price history

-99.3% since first listed
23 events — show timeline
  • 2026-06-12 Rental Removed $4,000 ARMLS
  • 2026-06-12 Listing Removed ARMLS
  • 2026-04-29 Listed for Rent $4,000 ARMLS
  • 2026-04-23 Listed $825,000 ARMLS
  • 2025-04-30 Sold (Public Records) $675,000 Public Records
  • 2025-04-07 Sold (Public Records) $675,000 Public Records
  • 2025-04-07 Sold (MLS) $675,000 ARMLS
  • 2025-03-25 Contingent ARMLS
  • 2025-03-11 Price Changed $675,000 ARMLS
  • 2025-02-13 Price Changed $699,900 ARMLS
  • 2025-01-26 Price Changed $719,900 ARMLS
  • 2025-01-02 Listed $739,500 ARMLS
  • 2024-12-31 Price Changed $739,500 ARMLS
  • 2013-03-07 Listing Removed ARMLS
  • 2013-01-11 Relisted ARMLS
  • 2013-01-07 Listing Removed ARMLS
  • 2013-01-07 Listed $395,000 ARMLS
  • 2008-09-17 Listing Removed ARMLS
  • 2008-04-13 Listed $497,500 ARMLS
  • 2007-08-02 Listing Removed ARMLS
  • 2007-06-14 Listed $567,000 ARMLS
  • 2006-05-24 Listing Removed ARMLS
  • 2006-02-15 Listed $552,000 ARMLS

Property tax history

+2.8%/yr

Latest (2025): $3,911 · +21.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…