2915 W Montecito Ave

Phoenix, AZ

New this weekHUD Homes (REO)Structure

View source listing ↗Open Street View ↗

Location & enrichment

Property type: Structure
Zoning: —
Flood zone: —
Lot size: —
Nearest metro: 4.5 mi
Nearest airport: 8.0 mi
Assessed value (county): —
Area median home value: $234,800
Area pop. trend (5yr): +12.5%
Area median rent: $998/mo
Owner-occupied: 61.4%
Rental vacancy: 2.5%

Not investment advice. Verify eligibility, price, and restrictions with the source listing before acting. Imagery is approximate (parcel centroid). Inventory checked July 29, 2026.

How to buy from the HUD Homes (REO)

The HUD Homes (REO) is a public agency that resells government-owned property. Start from the source listing, confirm the parcel is still available, and follow the land bank's published application or offer process.

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Quick deal check

Purchase priceRenovation budgetAfter-repair value

All-in $385,000 = 164% of ARV

Over budget for a flip

ARV starts from the area's median home value (Census) — replace it with real comps before acting. The 70% rule: flippers target purchase + rehab ≤ 70% of ARV. Not financial advice.

Buildability report

Pro

All 3 checks clear

Pro shows each measurement, the source dataset it came from, and when it was last refreshed — the part you cite in a due-diligence file.