Rent report generated Jan 10, 2025
The Rent Potential of
18204 N 11th Dr Phoenix, AZ 85023, EUA
home
is $2,060 – $2,560/mo.
Current Specs
3 Bed / 2.5 Bath
1,689 sqft
Single-Family
Built in 1997
Rent Comps
$1,800
$2,299
$6,202
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
22 Listings
3 Bed / 2.5-3 Bath
1,280 - 2,110 sqft
Within 6.0 mi
Avg. Monthly Rent$2,215
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.
6 Listings
3 Bed / 2.5-3 Bath
1,155.5 - 1,481.5 sqft
Within 9.4 mi
Avg. Monthly Rent$4,207
Rent Advice
This single-family property in North Phoenix, Arizona, offers promising rent potential, with estimated monthly rents ranging from $2,060 to $2,560. Given the local market trends, the property could generate between $24,720 and $30,720 annually. The neighborhood's increasing desirability and amenities, such as a private pool and a two-car garage, enhance its appeal. Challenges may include the competitive rental market, but the property's features like dual-pane windows and spacious layout contribute positively to its rental potential.
To increase rental income, consider modernizing the interior with updated fixtures and appliances. This could justify higher rents within the given range. If considering selling, highlight the proximity to amenities and the property's rental yield potential. Enhancing curb appeal with landscaping could also attract more prospective tenants or buyers, thereby maximizing the property's market value.
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18204 N 11th Dr
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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.