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Updated over 5 years ago,
Zillow Estimates trustworthy?
Hey BP,
I am analyzing on surface level for my first deal which I am looking into MFH. I found this ideal ideal 4plex that was on market for 650k. I think this was a tad expensive, changing websites to zillow showed and Zestimate of 200k. This was quite concerning to me and I was wondering if that held any weight? Rentometer showed comparable rents from around 1300-2000.
Maybe this deal is too big for my first one, I'm trying not to let me emotion get into it. I ran my last free calculator at 600k and it almost met my metrics. I really need to go pro soon. Please advise thoughts.