
Phoenix, AZ 85050
This Turnkey Income-Generating Asset in the gated Villages at Aviano provides immediate cash flow with a List Price of $493,000. Positioned near its $464,983 Fair Market Value, the price reflects a premium for the Excellent Condition Rating and first-floor end unit accessibility. The property includes a secured lease through June 2028 at $2,500 per month, offering a stable ROI with no deferred maintenance. Featuring granite countertops and proximity to the 10/10-rated Desert Trails Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3935 E ROUGH RIDER Road 1271 Subject | $480,000* List Price | 2 | 2 | 1,386 | $327 | - |
A 3935 E ROUGH RIDER Road 1058 Sold | $424,500 List Price | 2 | 3 | 1,490 | 0.2 mi | |
B 3935 E ROUGH RIDER Road 1308 Sold | $475,000 | 2 | 2 | 1,589 | $299 | 0.1 mi |
C 3935 E ROUGH RIDER Road 1308 Sold | $475,000 | 2 | 2 | 1,589 | $299 | 0.1 mi |
D 3935 E ROUGH RIDER Road 1058 Sold | $500,000 List Price | 2 | 3 | 1,490 | 0.2 mi | |
E 3935 E ROUGH RIDER Road 1057 Sold | $477,000 | 2 | 3 | 1,449 | $329 | 0.2 mi |
F 3935 E ROUGH RIDER Road 1078 Sold | $450,000 | 2 | 2 | 1,386 | $325 | 0.1 mi |
G 3935 E ROUGH RIDER Road 1339 Active | $494,900 List Price | 2 | 2 | 1,386 | $357 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014, this property falls within the 10-year threshold for excellent condition and features significant modern upgrades. The interior boasts contemporary gray wood-look tile flooring, plantation shutters, and a kitchen equipped with granite countertops, a farmhouse sink, and stainless steel appliances. The bathrooms have been tastefully updated with white shaker cabinetry and modern tile work. With a recently replaced water heater and no signs of deferred maintenance, the home meets high-quality current standards.
Elementary School: Desert Trails Elementary School (10/10).
The property features a reliable tenant in place until June 2028 generating $2,500 monthly, offering a turnkey opportunity for investors seeking stable, long-term cash flow.
This first-floor end unit is handicap-ready with no interior steps and boasts high-end finishes including granite countertops, plantation shutters, and modern wood-look tile flooring.
The long-term lease agreement active until mid-2028 makes this property unsuitable for owner-occupants looking to move in within the next several years.
The two-car tandem garage requires vehicles to be parked one behind the other, which can be less convenient for multi-car households compared to a side-by-side layout.
TURNKEY North Phoenix Condo with Strong Rental Demand just minutes to Desert Ridge Mktpl, Mayo Clinic, retail, corporate employment hubs & entertainment. Easy access to 101 frwy, Hwy 51 and I-17. Currently has an excellent tenant in place until June 18, 2028 at $2500 mo. Monthly HOA of $535 covers all exterior maintenance, water, sewer. garbage, pest control. Features: 2 car tandem garage with direct access to unit, first floor end unit with no interior steps, in-unit laundry, premium location that overlooks grassy common area, gated resort-style community with heated pools, spa, clubhouse, pickleball, tennis and more. Water heater new 2025, HVAC approx. 10 yrs old. Strong outlook for long term appreciation due to area exploding with growth and demand. Strong rental comps in the community.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 1,386 | 1,675.5 | 18% |
| Lot Size | 1,920 | 972 | 91% |
| Price | $480.0K | $438.0K | 59% |
| Price per sq ft | $346 | $263 | 95% |
| Built year | 2014 | 2006 | 95% |
| HOA | $485 | $333 | 95% |
| Days on market | 99 | 1197 | 5% |
Apr 29, 2026
$480,000
$493,000
-3% Price Drop
Initial Listing
Mar 8, 2026
$493,000
Initial Listing