Please tell me what constitutes the concept of good for YOU? Price? Financing? Quality of properties available? What is good for another person may not be good for you so if i knew your goals I would be able to give you and show you through statistics and analysis of individual listings.
Once you have decided to invest, get pre-approved and work with one local Realtor. Best of luck.
Any area can be a good area to buy rental properties. It will all depend upon what you buy the home for and what rent you can get out of it and the type of tenant you want. I have clients that are landlords that buy low as possible, some that buy homes a bit higher to be in nicer areas, and even some investors that like to rent to executives.
Ron and Brenda Cunningham
West USA Realty
**** Recognized in the Phoenix Business Journal as "One of the Top 50 Realtors in the Valley" ****
South Scottsdale is an excellent place to own investment property as you draw from many sources for possible tenants including ASU, INTEL as well as "downtown" commuters who want an easy drive to work. The reality is almost anywhere in the "Valley" can be a great rental location . It all depends upon the individual property and the rental statistics which we shall provide.
Please feel free to use my website http://www.infoarizona.com to search and save any listings that may interest you.My team and I shalll provide you with all the back up you need!
Realty One Group
I have lived in South Scottsdale since January 1999 and I love it. Close to everything with lots of great neighbors. As stated below, you'd need to "run the numbers" to see what current rentals are going for and if you are looking at single family home vs. condo. If you need any other info, please let me know. Good luck, Yvonne
If you would like some free advice with no strings attached, we are only a phone call away.
renters because of the location, close to the Green belt ,great schools and close to ASU and all of the East Valley large employers. Great choice for investing! Check out all MLS rentals on my website map just type in the zipcode 85250 or 85251
Intel is building a 1 BILLION dollar chip plant to be completed in 2013.
I am already seeing MULTIPLE OFFERS on good rental properties in the east valley.
Mesa, Chandler, and Gilbert.
Hope this helps!
There are a number of areas in South Scottsdale where home prices are reasonable and the rents would give you a good return on investment. They would also have the potential for long term appreciation. There are also areas in the West Valley that would afford you the same opportunity. Let me know if you have any other questions.
If you want to know how much the current asking price of Single Family Detached Homes are in South Scottsdale, you can search the LIVE LIST here:
Click on the MAP button and ZOOM in on South Scottsdale.
I hope this helps.