Rent report generated Jan 15, 2025
The Rent Potential of
8705 E Terrace Pl Tucson, AZ
is $1,083 – $1,350/mo.
Current Specs
2 Bed / 2 Bath
1,139 sqft
Townhome
Built in 1979
Rent Comps
$888
$1,157
$2,000
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
11 Listings
2 Bed / 2 Bath
737.5 - 1,275 sqft
Within 2.1 mi
Avg. Monthly Rent$1,190
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.
14 Listings
2 Bed / 2 Bath
660.5 - 1,251 sqft
Within 3.9 mi
Avg. Monthly Rent$1,289
Rent Advice
This townhome in Tucson has an estimated rent range of $1,083 to $1,350 per month, considering the comps in the area. The property is part of a well-maintained community featuring amenities like a pool and two private patios, which enhances its rental appeal. With updates like a new HVAC system, the home is ready for tenants. The market conditions in Tucson are stable, with potential for appreciation. The estimated payback period will depend on your investment and operating costs.
To boost rental income, consider modernizing the kitchen, as it’s the last area needing updates. Enhancing curb appeal with minor landscaping can also attract quality tenants. If selling, highlighting recent upgrades and community features like the pool and security will appeal to buyers. Emphasizing the property's turnkey status can be a strong selling point in marketing materials.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.