
Phoenix, AZ 85032
This Fully Renovated Income-Generating Asset is a Strong Value Opportunity, listed at $775,000—positioned well below the $821,134 Fair Market Value by 5%. This valuation gap secures $46,134 in Instant Equity for the buyer. Boasting a Mint Condition Rating, the 6-bedroom residence features a modern quartz kitchen, high-end finishes, and scenic mountain views. Currently grossing over $6,000 monthly through a room-rental strategy, this turnkey property in the Paradise Valley School District offers immediate cash flow with no HOA. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2442 E CLAIRE Drive Subject | $775,000* List Price | 6 | 3 | 2,881 | $285 | - |
A 3002 E ACOMA Drive Sold | $760,000 | 4 | 3 | 2,438 | $312 | 0.7 mi |
B 3002 E ACOMA Drive Sold | $760,000 | 4 | 3 | 2,438 | $312 | 0.7 mi |
C 2910 E BLANCHE Drive Sold | $590,000 List Price | 4 | 3 | 2,300 | 0.6 mi | |
D 2914 E BLANCHE Drive Sold | $685,000 | 5 | 3 | 2,333 | $294 | 0.6 mi |
E 2914 E BLANCHE Drive Sold | $685,000 | 5 | 3 | 2,333 | $294 | 0.6 mi |
F 14009 N 30TH Street Sold | $720,000 | 5 | 3 | 3,009 | $239 | 0.8 mi |
G 14021 N 29TH Street Active | $787,450 List Price | 5 | 3 | 2,686 | $293 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1970, the property has undergone a full high-end renovation within the last 5 years. The kitchen features modern flat-panel cabinetry, quartz countertops, and stainless steel appliances, while the bathrooms show contemporary fixtures and finishes, making it a turn-key, mint-condition asset.
The property is a proven cash-flow generator, grossing over $6,000 per month through a room-rental strategy, offering an exceptional turn-key opportunity for investors.
Having undergone a full renovation, the home eliminates the need for immediate capital expenditures, allowing a buyer to take over a modern, updated asset.
The property features desirable mountain views and sits in a subdivision with no association fees, reducing monthly carrying costs and increasing owner flexibility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The local schools are rated poorly, with scores ranging from 2 to 4, which may limit the property's long-term appeal to traditional family renters or future owner-occupant buyers.
While lucrative, a room-by-room rental model requires significantly more intensive management, tenant screening, and utility coordination than a standard single-family lease.
Investment Opportunity - This is a fully occupied, fully renovated and cash flowing rental property. Currently rented by the room and grossing over $6,000 per month. If you have been looking for a turn-key rental opportunity here is your chance! ** do not disturb tenants.
No exterior & parking available.
Grades PK-3 • 1.0 mi
Grades 4-6 • 1.0 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 2,881 | 1,713 | 96% |
| Lot Size | 9,930 | 7,732 | 75% |
| Price | $775.0K | $450.0K | 91% |
| Price per sq ft | $269 | $288 | 42% |
| Built year | 1970 | 1979 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 1450 | 0% |
Apr 16, 2026
$775,000
Initial Listing