Whether you have a second property that you’re going to move into or you’re planning on being away from your dwelling place for a while, you may be considering putting your home on the market in order to boost your financial outlook. While students comprise one demographic that is always entering the rental market to scoop up available properties, here are some things you may want to consider before deciding on a younger renter.
Will Your Home Be Rented Consistently?
Many students will require a place to rent out since most of them don’t have the money savings or stable income to purchase a home, but if you’re doing this to make ends meet on your properties, renting to student may not be the best way. While some students may plan on hanging out over the summer, there are those who will be heading home in order to live with their parents and save money for the Autumn semester. A contract’s a contract, but a renter can always flee the coop if it’s inconvenient.
Will They Take Good Care Of Your Home?
From furniture to family mementos, most people’s home is pretty personal to them, and that’s why it can be of supreme importance to have a renter that will respect your home and take good care of it in your absence. While there are plenty of responsible students in the world, you should ensure before settling on anyone that it’s someone you really trust who won’t damage your house or wake up the neighbors every Saturday evening.
What Rental Price Are You Looking For?
If you’re trying to make financial ends meet with your property, you’ll probably want to charge the maximum amount you can while still having a renter in your home. The risk with students is that they may not be able to pay the dollar amount you’re looking for so that you can effectively maximize your investment. While this doesn’t necessarily mean you’re taking the financial brunt, it’s important to get the monthly amount that your living space can garner on the market.
There can be a number of downfalls when it comes to renting to students, but there’s also the possibility that you’ll have a responsible renter who will stick around for more than a couple seasons. If you’re currently on the market for a second home, please contact me for more information.
9555 E Raintree Drive Scottsdale, AZ 85260
$474,000
3
Beds
2
Baths
1,509
SqFt
Status
Active
MLS #
6682683
Property Type
Apartment
Price Type
--
Refined elegance awaits in this tastefully updated ground floor condo nestled within the tranquil enclave of Ladera Vista, ideally situated in prestigious Scottsdale. You'll find convenience and luxury with a host of upscale amenities including a private 1-car garage, a chef's kitchen adorned with stainless steel appliances, and dual inviting patios. Impeccably appointed bathrooms, including a relaxing master suite boasting a double vanity and newly refurbished shower, offer sanctuary and style. Unwind in the lush, manicured grounds of the gated community, complemented by a heated pool for year-round relaxation. Enjoy the epitome of Scottsdale living in this sophisticated oasis!
17623 W Watson Lane Surprise, AZ 85388
Open House
$474,000
4
Beds
3
Baths
2,425
SqFt
Status
Active
MLS #
6673707
Property Type
Single Family Residence
Price Type
--
Welcome to your dream home! This property boasts a natural color palette, creating a serene and calming atmosphere throughout. The kitchen features a center island, perfect for meal prep. The master bedroom includes a spacious walk-in closet for all your storage needs. Additional rooms provide flexible living space for your lifestyle. The primary bathroom offers good under sink storage. Step outside to a fenced backyard with a private in-ground pool and covered sitting area - perfect for outdoor relaxation. With fresh interior paint and new flooring throughout the home give it a modern and updated feel. Don't miss out on this opportunity to make this house yours!
2130 E Pierce Street Phoenix, AZ 85006
$473,999
4
Beds
2.5
Baths
1,637
SqFt
Status
Active
MLS #
6565440
Property Type
Single Family Residence
Price Type
--
Come and take a look at this brand new 4 bedroom, 2.5 bathroom home! Located near the heart of downtown phoenix with quick access to the I10, 51, and 202 Freeways. A 2 car garage and RV gate are located on the newly built property for your convenience! Don't miss out on this beautiful new build.
18768 E Elizar Drive Gold Canyon, AZ 85118
$473,995
4
Beds
3
Baths
2,070
SqFt
Status
Active
MLS #
6695267
Property Type
Single Family Residence
Price Type
--
Entrada Del Oro..... Entrance to Gold! Charming 4BR/3BA home! The front yard offers picture perfect views of the Superstition Mountains and is the ideal place to enjoy evening sunsets. Beautiful wood Laminate flooring throughout with carpet in the bedrooms, kitchen comes w/GE kitchen appliances & Quartz counter tops, two tone interior paint. The front yard comes desert landscaped and driveway is complete with pavers, and a double gate for easy access to the back yard. Make this home yours today!
18741 E Elizar Drive Gold Canyon, AZ 85118
$473,995
4
Beds
3
Baths
2,070
SqFt
Status
Active
MLS #
6679885
Property Type
Single Family Residence
Price Type
--
Entrada Del Oro..... Entrance to Gold! Charming 4BR/3BA home! The front yard offers picture perfect views of the Superstition Mountains and is the ideal place to enjoy evening sunsets. Beautiful wood Laminate flooring throughout with carpet in the bedrooms, kitchen comes w/GE kitchen appliances & Quartz counter tops, two tone interior paint. The front yard comes desert landscaped and driveway is complete with pavers, and a double gate for easy access to the back yard. Make this home yours today!
19564 W Cambridge Avenue Buckeye, AZ 85396
$473,995
4
Beds
3
Baths
2,070
SqFt
Status
Active
MLS #
6686661
Property Type
Single Family Residence
Price Type
--
Discover this ranch-style Agate home, ready for quick move-in! Included features: a covered entry; a large flex room; a corner kitchen boasting an alternate layout, 42'' cabinets, stainless-steel appliances, an island and an adjacent dining room; an inspired great room; a serene primary suite showcasing a sizable walk-in closet and a private bath with double sinks; a central laundry; two secondary bedrooms; a full shared bath and a charming covered patio. This home also offers 7'' x 22'' stone tile flooring, cultured marble bath countertops, ceiling fan prewiring and additional windows in select rooms, coach lights, front yard landscaping and concrete pavers at the driveway and walkway.
14380 W Alameda Road Surprise, AZ 85387
$473,645
4
Beds
2.5
Baths
2,123
SqFt
Status
Active
MLS #
6676496
Property Type
Single Family Residence
Price Type
--
Up to 2% of total purchase price towards closing costs incentive offer. Additional eligibility and limited time restrictions apply. MLS#6676496 ~ Introducing Plan 35R3 at Rio Vista at Rancho Mercado! The spacious gathering room exudes openness and airiness, seamlessly connected to the dining area and complemented by an inviting kitchen featuring a central island, pantry, and ample counter space. Experience the joy of al fresco dining, quality time with family, or intimate gatherings with friends on the covered back patio. Ascend the stairs to discover the owner's suite boasting a generously sized walk-in closet, double vanity, and luxurious walk-in shower. Three additional bedrooms share a well-appointed full bath, while the convenience of the laundry room completes the second floor. Structural options include: paver front porch, garage service door, alternative A/C location with gate, 8' interior door, and soft water loop.
4780 S Ferric Avenue Mesa, AZ 85212
$473,245
3
Beds
2.5
Baths
1,785
SqFt
Status
Active
MLS #
6694664
Property Type
Single Family Residence
Price Type
--
This stunning home is NOW AVAILABLE in one of Eastmark's neighborhoods, nestled within Mesa's celebrated masterplan. Situated conveniently close to The Great Park, this single-family residence, Plan 2, boasts three bedrooms, two and a half bathrooms, an upstairs laundry, and a 2-car garage. Home includes designer upgrades specifically selected for this home. Explore the amazing amenities in this dream community, boasting 77 parks, a stunning pool, clubhouse, orange monster play area, skatepark, splash pad, baseball, softball and soccer fields, disc golf, future pickle ball courts and easy access to highways and shopping.
2859 W Sable Avenue Apache Junction, AZ 85120
$473,240
4
Beds
2
Baths
1,757
SqFt
Status
Active
MLS #
6687497
Property Type
Single Family Residence
Price Type
--
Radiance at Superstition Vistas is your destination for a Brand-New home which is minutes away from freeways, shopping, dining, and entertainment. Breathtaking mountain views with numerous amenities soon to be available. We welcome you to reside in this most desirable community! The Fargo floorplan gives you spacious entertainment area and 4-bedroom accommodations. You'll delight in the 12x24 tile, granite countertops, window coverings, smart home technology, energy-efficiency, warranties, and much more. Take a moment to inquire on what makes this community so Radiant and how this Fargo home is able to meet you and your family's lifestyle!
4554 S Nageli -- Mesa, AZ 85212
$473,237
3
Beds
2.5
Baths
1,688
SqFt
Status
Active
MLS #
6676927
Property Type
Single Family Residence
Price Type
--
*NEW CONSTRUCTION* Home is ready to close this month! This versatile and cozy Citron - a three-bedroom home with a loft and 2.5 bathrooms is such a popular plan for a reason! Features include gas appliances, Tankless Water Heater, Reme Halo Whole House Air Purifier. The home features a Gourmet Kitchen, Espresso colored cabinets is stunning against the White color Quartz counter-tops in the kitchen along with a complimentary tile back-splash. This home highlights a gorgeous 12x24 tile floor throughout the downstairs and the wet areas upstairs. This home has a split floor-plan creating privacy to the primary bedroom!
25803 N 185th Drive Wittmann, AZ 85361
$472,995
4
Beds
3
Baths
2,040
SqFt
Status
Active
MLS #
6664207
Property Type
Single Family Residence
Price Type
--
Explore this exceptional Sapphire home, ready for quick move-in on a homesite boasting driveway pavers and front yard landscaping. Included features: an inviting covered entry; a bathroom in lieu of two closets; an impressive kitchen offering 42'' cabinets, quartz countertops, a center island; an elegant dining room, a spacious great room, teen room, a lavish primary suite showcasing a generous walk-in closet and a private bath with cultured marble countertops; a convenient laundry; a covered patio and a 3-car garage. This home also offers additional windows, wood laminate flooring and added pre-wiring through-out.
17770 W Running Deer Trail Surprise, AZ 85387
$472,995
4
Beds
3
Baths
2,090
SqFt
Status
Active
MLS #
6679314
Property Type
Single Family Residence
Price Type
--
This 4 bed/3 bath with en suite Emerald model shines as brightly as its namesake. An airy, open layout showcases the kitchen, dining room and the great room which leads to the covered patio via double slider center-meet door. This plan is a great option for multi-generational living with the en suite, featuring a living room and a private bed, bath wet bar and lounge area. Included features such as an inviting covered entry, a well-appointed kitchen offering 42'' cabinets, quartz countertops, stainless-steel appliances, a roomy pantry and a center island; an elegant dining room; a spacious great room; an impressive primary suite showcasing a nice shower with bench, generous walk-in closet and a private bath with cultured marble countertops; a convenient laundry; a covered patio and a 3-car garage. This home also features 9 ft ceilings, 8'6 paneled interior doors, additional windows, ceiling fan prewiring and beautiful tile flooring in select areas. Located in the fantastic community of Desert Oasis features parks, playgrounds and a community pool. This beautiful home is done right and has so much to offer! COME CHECK OUT THIS GEM TODAY!!!