One of Phoenix's most prestigious neighborhoods - lush lots, Camelback Mountain views, and top dining, drawing affluent professionals and families. The metro's most resilient values.
The highest entry and thinnest yields in the city; carry is often negative on leverage. Budget desert-landscape and pool upkeep. Arizona's low ~0.44% property tax and 2.5% flat income tax help net returns. An appreciation-and-preservation play. Phoenix has cooled from its boom to a balanced market (prices flat-to-down, ~58% of listings with reductions) - underwrite for modest near-term appreciation. Arizona's low ~0.45% property tax helps net returns.
High-capital appreciation buyers who prioritize prestige and capital preservation over cash flow.
Buy-box fit
0 entriesNo published buy-box fits for this neighborhood.