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How do I determine the rent for a duplex in zip code … – Zillow Real …

November 9, 2012

If you’re going to self-manage this property, try doing some research in the area by calling other property management companies with similar rentals. Or check on other advertised, similar, rentals. ?Craigslist can even provide decent rental ‘comps’ when rates are advertised.

Depending on the area of Santa Clara/River Road, you may find yourself competing with a higher vacancy rate and supply (for instance along Helen St, Division, Autumn, and Jasmine; a neighborhood of duplexes) which may cause a bit of “rent control” in the neighborhood. ?That area has been renting for around ~$950-$1050 for a 3 bedroom unit.

If you’re interested, any Realtor in the area can provide a quick comp-check of past sales in the area that had published rental amounts in the MLS system as well. ?

The other option of course would be to turn the property over to a professional Property Manager that has a good track record in the 97404-area.

Hope that helps!

Source: http://www.zillow.com/advice-thread/How-do-I-determine-the-rent-for-a-duplex-in-zip-code-97404/467797/

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