Rent report generated Feb 19, 2025
The Rent Potential of
2846 E Tierra Buena Ln Apt 102 Phoenix, AZ
is $1,058 – $1,637/mo.
Rent Advice
This Phoenix condo offers solid rental potential, with projected monthly revenue between $1,058 and $1,637. The neighborhood's steady appreciation suggests a favorable long-term outlook. Built in 1982, the property's age may require some updates, but its 929 sqft layout and community amenities like a pool are attractive to renters. The Greenway Manor location, while not as trendy as some Phoenix hotspots, provides a quieter suburban feel that appeals to certain tenant demographics.
To maximize rental income, consider modernizing the kitchen and bathroom fixtures. Fresh paint and updated flooring could justify higher rents. If selling, highlight the property's consistent value growth and stable rental market to investors. The current valuation of $228,000 represents a 72% increase from 2020, showcasing its investment potential. Marketing should emphasize the community amenities and the unit's spacious feel compared to newer, more compact alternatives in the area.
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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.