Property Revenue Calculator

Uncover your property's full income potential

Property Details

2365 Skyline Dr, Prescott, AZ 86303
Property Type

Single Family

Year Built

1994

Living Area

6200 sqft

Lot Size

47044 sqft

Bedrooms

3

Bathrooms

4

Current Value

$1,732,900

Estimated Monthly Rent

$5,255

Revenue Summary

Potential Monthly Revenue

$11,355

Potential Annual Revenue

$136,260

Total Setup Costs

$1,500

Market Analysis

The property at 2365 Skyline Dr, Prescott, AZ, offers multiple income-generating opportunities due to its size, location, and amenities. The presence of a finished basement, expansive living area, and scenic views can be monetized through various platforms. Given the property's features and the growing popularity of the sharing economy, these income streams can be optimized to generate significant revenue.

Recommended Priority
Rent Entire Property on Airbnb
Rent Individual Rooms on Airbnb
Rent Home for Filming or Photoshoots
Rent Yard for Events
Rent Basement for Art Studio
Rent Basement for Storage
Rent Driveway for Parking
Lease Roof Space for Solar Panels
Income Opportunities
Rent Entire Property on Airbnb

Rent the entire property for short-term stays on platforms like Airbnb or VRBO, leveraging its spacious living area and scenic views.


Monthly Revenue: $5,255

Annual Revenue: $63,060

Setup Cost: $500

Platform:

Airbnb
Requirements
  • Professional cleaning
  • Photography
  • Listing creation
How We Calculated This

Based on current monthly rent estimate.

Confidence:

90%

Rent Individual Rooms on Airbnb

Rent out the three bedrooms individually for short-term stays, providing privacy and flexibility for guests.


Monthly Revenue: $4,000

Annual Revenue: $48,000

Setup Cost: $300

Platform:

Airbnb
Requirements
  • Room furnishings
  • Listing management
How We Calculated This

Estimated based on individual room rental rates in the area.

Confidence:

85%

Rent Driveway for Parking

Utilize the property's driveway and parking capacity for renting out parking spaces.


Monthly Revenue: $200

Annual Revenue: $2,400

Setup Cost: $50

Platform:

Prked
Requirements
  • Parking space marking
  • Signage
How We Calculated This

Based on local parking rates for similar properties.

Confidence:

75%

Rent Basement for Storage

Rent out the finished basement for storage purposes.


Monthly Revenue: $300

Annual Revenue: $3,600

Setup Cost: $100

Platform:

Prked
Requirements
  • Climate control maintenance
  • Security measures
How We Calculated This

Estimated based on storage rental rates in the area.

Confidence:

80%

Rent Yard for Events

Rent out the yard or outdoor space for events like small gatherings or photoshoots.


Monthly Revenue: $500

Annual Revenue: $6,000

Setup Cost: $200

Platform:

Peerspace
Requirements
  • Outdoor seating
  • Lighting
How We Calculated This

Based on demand for event spaces and yard rentals.

Confidence:

80%

Rent Home for Filming or Photoshoots

Leverage the home's unique features and views for use in film or photography projects.


Monthly Revenue: $600

Annual Revenue: $7,200

Setup Cost: $150

Platform:

Peerspace
Requirements
  • Property staging
  • Listing on creative platforms
How We Calculated This

Estimated based on local filming location rates.

Confidence:

85%

Lease Roof Space for Solar Panels

Rent out roof space to local solar providers for solar panel installation.


Monthly Revenue: $100

Annual Revenue: $1,200

Setup Cost: $0

Requirements
  • Roof inspection
  • Contract with solar provider
How We Calculated This

Based on typical leasing agreements with solar companies.

Confidence:

70%

Rent Basement for Art Studio

Utilize the finished basement as a creative space for artists or musicians.


Monthly Revenue: $400

Annual Revenue: $4,800

Setup Cost: $200

Platform:

Peerspace
Requirements
  • Soundproofing
  • Adequate lighting
How We Calculated This

Estimated based on local demand for creative spaces.

Confidence:

75%