7810 W Peoria Ave #121 · Peoria, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 9/10 · Severe
- Hot days now (above 113°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.8/5.0
- Condition / age +3.8/5.0
- Schools +3.5/10.0
- Rent growth +2.7/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$80,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
NOT AGE RESTRICTED - Affordable Living in Peoria! Absolutely Beautiful 2 Bedroom, 2 Bathroom, Mobile Home Located in Suncrest Family Mobile Home Park, BUILT in 2018, Open Kitchen w/Gas Range & Oven, Kitchen Island w/Breakfast Bar, Eat-In Kitchen Dining, Spacious Greatroom w/Vaulted Ceilings, Master Bedroom w/Walk-In Closet & Ensuite Master Bathroom, 2 Car Carport, Community Clubhouse & Swimming Pool, Come Check It Out!
Key facts
- Spacious greatroom
- Kitchen island
- Open kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $80k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $690 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $80k).
- Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
- Cap rate 16.6% vs local median 3.3% in Peoria — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 76/100 on livability (#14 in AZ, #3,603 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, commute A, employment A; Watch: cost of living C-, amenities D, health & safety F.
- Peoria Unified School District (4237) (suburban): math 36% / reading 42% proficiency, ranked #64 of 249 in AZ (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents flat; 333 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 0.6% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 57 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 3y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.97% ✓
- Cap rate
- 16.64%
- Cash-on-cash
- 36.96%
- DSCR
- 2.64
- GRM
- 4.2
CMA / ARV
- ARV (median comp)
- $54,892
- List price
- $80,000
- Delta
- 45.74%
- Verdict
- OVERPRICED
- Comps
- 9 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 7810 W Peoria Ave #128 | 0.09mi | 3/2.0 (+1) | 980 (-1%) | 2mo | $40,000 | $41 | 87 |
| 10955 N 79th Ave #60 | 0.19mi | 2/2.0 | 972 (-2%) | 4mo | $65,000 | $67 | 84 |
| 7810 W Peoria Ave #30 | 0.00mi | 2/2.0 | 1,056 (+7%) | 11mo | $106,000 | $100 | 80 |
| 7810 W Peoria Ave #33 | 0.00mi | 3/2.0 (+1) | 952 (-4%) | 12mo | $85,000 | $89 | 79 |
| 7810 W Peoria Ave #153 | 0.00mi | 2/2.0 | 1,056 (+7%) | 12mo | $105,000 | $99 | 79 |
| 10955 N 79th Ave #37 | 0.19mi | 2/2.0 | 980 (-1%) | 15mo | $88,000 | $90 | 77 |
| 7810 W Peoria Ave #166 | 0.09mi | 3/2.0 (+1) | 896 (-10%) | 7mo | $57,000 | $64 | 69 |
| 10955 N 79th Ave #3 | 0.19mi | 2/1.5 | 952 (-4%) | 16mo | $46,000 | $48 | 69 |
| 10955 N 79 Ave #46 | 0.19mi | 2/1.5 | 956 (-3%) | 22mo | $68,000 | $71 | 65 |
| 7810 W Peoria Ave #125 | 0.05mi | 3/2.0 (+1) | 1,056 (+7%) | 21mo | $117,000 | $111 | 64 |
| 7344 W Peoria Ave #21 | 0.51mi | 2/2.0 | 980 (-1%) | 15mo | $17,000 | $17 | 62 |
| 7302 W Peoria Ave #65 | 0.55mi | 3/2.0 (+1) | 1,056 (+7%) | 3mo | $66,500 | $63 | 56 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.62% rent growth · sell at horizon
- IRR
- 30.1%
- Equity multiple
- 2.22×
- Total profit
- $27,327
- Equity at exit
- $11,928
- IRR
- 36.0%
- Equity multiple
- 3.95×
- Total profit
- $66,082
- Equity at exit
- $6,917
Cash invested: $22,400 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Arizona
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 85345
- Home prices YoY
- -19.8%
- Rents YoY
- 0.6%
- Active inventory
- 333
- Price-to-rent
- 4.2×
Monthly cashflow live
- Estimated rent
- $1,573 high interval (Pro) →
- Mortgage (P&I)
- −$420
- Tax est. 1.5%
- −$100 /mo · $1,200/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$330
- Net cashflow
- $690
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $20,000
- Closing costs
- $2,400
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 24 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 11600 N 75th Ave Peoria, AZ | 2.0 | 2.0 | 814 | $1,325 | $1.63 | 2d | 4 | 0.62mi |
| 8280 W Madison St Peoria, AZ | 2.0 | 2.0 | 800 | $1,400 | $1.75 | 43d | 1 | 0.68mi |
| 7951 W Whitney Dr Peoria, AZ | 2.0–4.0 | 2.0–2.5 | 1411 | $2,163 | $1.53 | 1d | 30 | 0.68mi |
| 8165 W Whitney Dr Peoria, AZ | 1.0–2.0 | 1.0–2.0 | 911 | $2,223 | $2.44 | 1d | 229 | 0.77mi |
| 11429 N 83rd Ave #2 Peoria, AZ | 1.0 | 1.0 | 750 | $1,100 | $1.47 | 24d | 1 | 0.82mi |
| 10860 N 85th Ave Unit 87 Peoria, AZ | 2.0 | 1.0 | 780 | $1,149 | $1.47 | 5d | 1 | 0.99mi |
| 10860 N 85th Ave Peoria, AZ | 2.0 | 1.0 | 780 | $1,225 | $1.57 | 43d | 1 | 1.00mi |
| 10860 N 85th Ave Peoria, AZ | 1.0–2.0 | 1.0 | 630 | $1,350 | $2.14 | 3d | 1 | 1.00mi |
| 6960 W Peoria Ave #90 Peoria, AZ | 2.0 | 1.0 | 704 | $1,320 | $1.88 | 24d | 1 | 1.00mi |
| 8560 W Peoria Ave Peoria, AZ | 2.0 | 1.0 | 888 | $1,450 | $1.63 | 1d | 8 | 1.02mi |
| 8650 W Peoria Ave Peoria, AZ | 1.0–2.0 | 1.0–2.0 | 836 | $1,492 | $1.78 | 2d | 19 | 1.11mi |
| 9201 N 83rd Ave Peoria, AZ | 1.0–3.0 | 1.0–2.0 | 981 | $1,654 | $1.68 | 1d | 29 | 1.11mi |
| 8757 W Peoria Ave Peoria, AZ | 2.0 | 1.0 | 564 | $1,539 | $2.73 | 2d | 14 | 1.27mi |
| 9190 N 83rd Ave Peoria, AZ | 1.0–2.0 | 1.0–2.0 | 821 | $2,203 | $2.68 | 14d | 10 | 1.29mi |
| 7040 W Olive Ave #12 Peoria, AZ | 2.0 | 2.0 | 900 | $1,445 | $1.61 | 24d | 1 | 1.32mi |
| 8821 W Sahuaro Dr Peoria, AZ | 3.0 | 2.0 | 1074 | $1,595 | $1.49 | 2d | 1 | 1.33mi |
| 8821 W Sahuaro Dr Peoria, AZ | 3.0 | 2.0 | 1074 | $1,595 | $1.49 | 24d | 1 | 1.33mi |
| 7040 W Olive Ave Peoria, AZ | 2.0 | 2.0 | 953 | $1,465 | $1.54 | 5d | 1 | 1.37mi |
| 10013 N 66th Ln Glendale, AZ | 3.0 | 2.0 | 1063 | $1,999 | $1.88 | 24d | 1 | 1.43mi |
| 9350 N 67th Ave Unit A1 Glendale, AZ | 1.0 | 1.0 | 600 | $990 | $1.65 | 24d | 1 | 1.49mi |
| 9350 N 67th Ave Unit B1 Glendale, AZ | 2.0 | 1.0 | 842 | $1,070 | $1.27 | 24d | 1 | 1.49mi |
| 9350 N 67th Ave Unit B2 Glendale, AZ | 2.0 | 2.0 | 970 | $1,250 | $1.29 | 43d | 1 | 1.49mi |
| 9350 N 67th Ave Glendale, AZ | 2.0 | 2.0 | 970 | $1,429 | $1.47 | 43d | 1 | 1.50mi |
| 9350 N 67th Ave Glendale, AZ | 2.0 | 2.0 | 970 | $1,385 | $1.43 | 12d | 1 | 1.50mi |
Listing history 50 events
-
2026-06-18days on market $80,000 Active 57 DOM
-
2026-06-17days on market $80,000 Active 56 DOM
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2026-06-16days on market $80,000 Active 55 DOM
-
2026-06-15days on market $80,000 Active 54 DOM
-
2026-06-13days on market $80,000 Active 52 DOM
-
2026-06-13days on market $80,000 Active 51 DOM
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2026-06-09days on market $80,000 Active 48 DOM
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2026-06-08days on market $80,000 Active 47 DOM
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2026-06-07days on market $80,000 Active 46 DOM
-
2026-06-04days on market $80,000 Active 43 DOM
-
2026-06-03days on market $80,000 Active 42 DOM
-
2026-06-02pricedays on market $80,000 Active 41 DOM
-
2026-06-01days on market $81,000 Active 40 DOM
-
2026-05-31days on market $81,000 Active 39 DOM
-
2026-04-28price $83,000 435-char remark
Show marketing remark (435 chars)
NOT AGE RESTRICTED - Affordable Living in Peoria! Absolutely Beautiful 2 Bedroom, 2 Bathroom, Mobile Home Located in Suncrest Family Mobile Home Park, BUILT in 2018, Open Kitchen w/Gas Range & Oven, Kitchen Island w/Breakfast Bar, Eat-In Kitchen Dining, Spacious Greatroom w/Vaulted Ceilings, Master Bedroom w/Walk-In Closet & Ensuite Master Bathroom, 2 Car Carport, Community Clubhouse & Swimming Pool, Come Check It Out!
-
2026-04-22$84,900 Active 435-char remark
Show marketing remark (435 chars)
NOT AGE RESTRICTED - Affordable Living in Peoria! Absolutely Beautiful 2 Bedroom, 2 Bathroom, Mobile Home Located in Suncrest Family Mobile Home Park, BUILT in 2018, Open Kitchen w/Gas Range & Oven, Kitchen Island w/Breakfast Bar, Eat-In Kitchen Dining, Spacious Greatroom w/Vaulted Ceilings, Master Bedroom w/Walk-In Closet & Ensuite Master Bathroom, 2 Car Carport, Community Clubhouse & Swimming Pool, Come Check It Out!
-
2026-04-21historical
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2026-04-14price $85,000
-
2026-04-07$90,000 Active
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2026-04-07historical
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2026-03-31price $93,000
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2026-02-25price $94,000
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2026-01-22$94,400 Active
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2026-01-22historical
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2026-01-06price $94,500
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2025-12-30price $94,900
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2025-12-30price $104,900
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2025-12-03price $94,900
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2025-11-04$95,000 Active
-
2025-11-04historical
-
2025-10-15price $95,500
-
2025-10-07price $96,000
-
2025-09-10$98,500 Active
-
2025-09-10historical
-
2025-09-09$98,500 Active
-
2025-09-09historical
-
2025-08-26$98,500 Active
-
2025-08-26historical
-
2025-08-19price $98,500
-
2025-08-12status Active
-
2025-08-12historical
-
2025-07-29$99,400 Active
-
2025-07-29historical
-
2025-07-11price $99,500
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2025-06-10price $99,900
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2025-06-03price $102,000
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2025-05-20price $105,000
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2025-05-09$107,000 Active
-
2023-11-03soldstatus $107,000 Closed
-
2023-09-29historical Under Contract Accepting Backups
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥113°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,879
- − Mortgage interest
- −$4,481
- − Property taxes
- −$1,200
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,510
- − Management
- −$1,510
- − Depreciation
- −$2,327
- Taxable income
- $7,450
- Est. tax owed @ 24.0%
- −$1,788
- After-tax cash flow
- $6,492/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 13 photos
This mobile home is in good condition with a good condition score of 75. It has a good kitchen, bathrooms, and exterior. The home is move-in ready with minor cosmetic updates needed to enhance its curb appeal and value.
Value-add opportunities
- Both Paint exterior siding — Enhances curb appeal and value
- Both Trim landscaping — Improves curb appeal and enhances property value
Renovation cost estimate screening
Value-add ROI direction
- Both Paint exterior siding — Enhances curb appeal and value ↑
- Both Trim landscaping — Improves curb appeal and enhances property value ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Peoria Unified School District (4237)
- NCES district ID
- 0406250
- Math proficiency
- 36% ▼ -14.00%
- Reading proficiency
- 42% ▼ -8.00%
- Median HH income
- $60,171
- Composite
- 34.62/100
- National rank
- #5152
- State rank
- #64 of 249 in AZ
Livability — Peoria
- Score
- 76/100
- State rank
- #14
- US rank
- #3603
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Peoria, AZ
- County
- Maricopa County · 4,537,380 people
- City population
- 206,687
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 60,918
- Household income
- $67,380
- Rent vs Own
- Severe rent burden
- 1879.0
Population outlook (Maricopa County) Hauer SSP2
- Today (2025)
- 4,979,203 people
- By 2030
- 5,378,229 · +8.0%
- By 2040
- 6,156,598 · +23.6%
- By 2050
- 6,872,376 · +38.0%
- By 2075
- 8,401,270 · +68.7%
- By 2100
- 9,247,439 · +85.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.62)
- Race & ethnicity
- White 51% Hispanic / Latino 34% Two or more races 14% Black 5% Asian 4% Native American 2%
- Hispanic origin (detail)
- Mexican 29%
- Common ancestry
- Romanian 2% Italian 2% Slovak 1%
- Foreign-born
- 13% · Canada, Vietnam
- Languages at home
- 76% English-only · Spanish 18% Other Indo-European 1% Vietnamese 1%
Political lean MEDSL · Maricopa
- 2024 margin
- Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
- 2008→2024 swing
- +7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
- All cycles
- 2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -80.77%
- Current HPI
- 328.1069
- Rent YoY
- ▲ 0.62%
- Metro
- Phoenix-Mesa-Chandler, AZ
- State GDP YoY
- ▲ 4.54%
- F500 in state
- 20
Industry mix (Fortune 500 HQ in AZ)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 2 | $13B |
|
||
| Mining / Metals | 1 | $23B |
|
||
| Environmental Services | 1 | $16B |
|
||
| Metals / Steel | 1 | $14B |
|
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| Technology Distribution | 1 | $9B |
|
||
| Homebuilding | 1 | $8B |
|
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Price history
-27.8% since first listed38 events — show timeline
- 2026-04-28 Price Changed $83,000 ARMLS
- 2026-04-22 Listed $84,900 ARMLS
- 2026-04-21 Listing Removed — ARMLS
- 2026-04-14 Price Changed $85,000 ARMLS
- 2026-04-07 Listing Removed — ARMLS
- 2026-04-07 Listed $90,000 ARMLS
- 2026-03-31 Price Changed $93,000 ARMLS
- 2026-02-25 Price Changed $94,000 ARMLS
- 2026-01-22 Listing Removed — ARMLS
- 2026-01-22 Listed $94,400 ARMLS
- 2026-01-06 Price Changed $94,500 ARMLS
- 2025-12-30 Price Changed $94,900 ARMLS
- 2025-12-30 Price Changed $104,900 ARMLS
- 2025-12-03 Price Changed $94,900 ARMLS
- 2025-11-04 Listing Removed — ARMLS
- 2025-11-04 Listed $95,000 ARMLS
- 2025-10-15 Price Changed $95,500 ARMLS
- 2025-10-07 Price Changed $96,000 ARMLS
- 2025-09-10 Listing Removed — ARMLS
- 2025-09-10 Listed $98,500 ARMLS
- 2025-09-09 Listing Removed — ARMLS
- 2025-09-09 Listed $98,500 ARMLS
- 2025-08-26 Listing Removed — ARMLS
- 2025-08-26 Listed $98,500 ARMLS
- 2025-08-19 Price Changed $98,500 ARMLS
- 2025-08-12 Relisted — ARMLS
- 2025-08-12 Listing Removed — ARMLS
- 2025-07-29 Listing Removed — ARMLS
- 2025-07-29 Listed $99,400 ARMLS
- 2025-07-11 Price Changed $99,500 ARMLS
- 2025-06-10 Price Changed $99,900 ARMLS
- 2025-06-03 Price Changed $102,000 ARMLS
- 2025-05-20 Price Changed $105,000 ARMLS
- 2025-05-09 Listed $107,000 ARMLS
- 2023-11-03 Sold (MLS) $107,000 ARMLS
- 2023-09-29 Contingent — ARMLS
- 2023-09-05 Price Changed $110,000 ARMLS
- 2023-08-24 Listed $115,000 ARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…