
Phoenix, AZ 85019
This Turnkey Rental Asset represents a Prime Investment Opportunity with a List Price of $195,000—positioned well below the $198,680 Fair Market Value by 1%. This valuation gap, bolstered by a 3% seller credit toward closing costs, provides $3,680 in Instant Equity. Boasting a Condition Rating of 3, the interior features wood-look tile flooring and remodeled bathrooms. With a tenant already in place, this property ensures immediate cash flow and simplified management. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3605 W BETHANY HOME Road 2 Subject | $195,000* List Price | 3 | 2 | 1,200 | $166 | - |
A 3605 W BETHANY HOME Road 13 Active Under Contract | $185,000 List Price | 3 | 2 | 1,200 | $154 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the property has been recently remodeled with new wood-look tile flooring, updated kitchen cabinetry, and upgraded bathrooms. It appears well-maintained and move-in ready, fitting the criteria for a 5-15 year renovation cycle despite some dated features like popcorn ceilings and basic appliances.
With a tenant already in place and a focus on investor opportunity, this property offers immediate cash flow and a simplified acquisition process for motivated buyers.
The townhouse features a remodeled interior including upgraded bathrooms and new tile flooring, which enhances tenant retention and reduces near-term maintenance costs.
The offer of a 3% seller credit toward closing costs provides a substantial financial advantage, lowering the initial capital required to close the deal.
The assigned elementary, middle, and high schools have low ratings (2-4), which may limit the property's appeal to families and impact long-term resale value.
The monthly association fee of $318 is relatively high for this price point, which can compress the net ROI for investors despite the inclusion of water and insurance.
INVESTOR'S OPPORTUNITY: tenant currently in place. Great investment for motivated buyers and investors. 3-bed, 2-bath remodeled Townhouse with upgraded bathrooms, new tile, and HOA includes a stud policy and water. Seller credit of 3% toward closing costs.
No exterior & parking available.
Grades K-3 • 0.7 mi
Grades 4-8 • 0.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 69% |
| Square foot | 1,200 | 1,005 | 92% |
| Lot Size | 542 | 1,790 | 8% |
| Price | $195.0K | $174.0K | 62% |
| Price per sq ft | $162 | $170 | 46% |
| Built year | 1974 | 1972 | 77% |
| HOA | $318 | $148 | 92% |
| Days on market | 1 | 1260 | 8% |
Apr 24, 2026
$195,000
Initial Listing