Realistic rents from closed leases, the expenses most projections miss, and a straight answer on whether a property will perform.
North Scottsdale is the northern part of the City of Scottsdale: DC Ranch and Silverleaf under the McDowells, Troon North and Desert Mountain among the granite boulders, Grayhawk and McDowell Mountain Ranch in between, and more than 30,500 acres of the McDowell Sonoran Preserve around them. The Census Bureau puts Scottsdale’s median owner-occupied home value at $789,800 and its median gross rent at $2,013 for 2020 to 2024, city-wide. Rents up here are set by the community, the view and the finish, not by the square footage.
That is exactly why generic management does badly here. A Silverleaf estate, a Grayhawk patio home and a McDowell Mountain Ranch house rent at three different numbers on three different timelines, and each one carries its own association rules on leasing. Knowing which is which is the job, and it is what an owner in this part of town is paying for.
Census figures describe the whole City of Scottsdale, not North Scottsdale or your property. Current values and days on market live on the market page, and we will model your specific home.
Based on comparable leases that closed, not asking prices. Asking rents in every market are aspirational and they are what most projections are built on.
Turnover, vacancy, maintenance reserve, and the capital items specific to this market. A model without these is not a model.
If the property will not perform, we will say so before you offer rather than after you own it.
Send the address or the listing. You get a realistic rent figure, expected days on market, and an honest view of whether it works.