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356 S Paseo Quinta Unit B
D- Composite 36.13
Why this score? — see what drove the D- 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).

  • ARV discount +11.7/15.0
  • Cash flow +5.0/30.0
  • 1% rule +4.9/10.0
  • Rent growth +3.9/5.0
  • Schools +3.9/10.0
  • Condition / age +3.8/5.0
  • Livability +3.1/5.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$125,000

356 S Paseo Quinta Unit B · Green Valley, AZ 85614
1 bd · 1.0 ba · 588 sqft · Condo · 95 Days on market
Built 1964 Good condition $213/sqft · 9% below area Est $138k · 9% under $410/mo HOA · 33% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Well maintained588 square foot condo ideally located within easy walking distance of the community laundry facilities, swimming pools, shuffleboard courts and putting greens. HOA dues cover building maintenance, roof upkeep (NEW 2025), HVAC (NEW 2025), water heater replacement, termite treatment, water and sewer service and trash collection. Windows are NEW, toilet REPLACED 2025.Offered FULLY FURNISHED, providing a comfortable and move-in ready life style.

Key facts

  • Shuffleboard courts
  • Putting greens
  • Hvac

Tags

COMMUNITY LAUNDRY FACILITIESSWIMMING POOLSSHUFFLEBOARD COURTSPUTTING GREENSBUILDING MAINTENANCEHVAC

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $125k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-297 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $82k (34.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $124k (1.1% below list).
  • Recommended offer: $82k (34.4% below list) — sets the bar for cash-flow.
  • Cap rate 3.4% vs local median 4.7% in Green Valley — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 61/100 on livability (#165 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
  • Continental Elementary District (4416) (rural): math 35% / reading 42% proficiency, ranked #72 of 249 in AZ (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 19% free/reduced lunch — higher-income household profile.
  • Zoned schools: Continental Elementary School (math 35% / reading 42%, grade F, #418 of 1,109 statewide, top 38%, 639 students, 31% FRL).
  • Market conditions: Rents rising fast (+5.6%/yr); 601 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 75d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; 5,268 units permitted in Pima County in 2024 (996 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Pima County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 95 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: HOA is 33% of rent.
  • Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $82,010 (34.4% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 95 days. Have you received any prior offers? Is the seller open to a 34% concession, seller financing, or rate buy-down credit?
  3. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.99%
Cap rate
3.44%
Cash-on-cash
-10.19%
DSCR
0.55
GRM
8.4

CMA / ARV

ARV (median comp)
$138,000
List price
$125,000
Delta
-9.42%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
344 S Paseo Pena Unit B 0.04mi 1/1.0 588 (0%) 1mo $119,000 $202 97
277 S Paseo Pena Unit C 0.12mi 1/1.0 588 (0%) 0mo $76,000 $129 94
176 S Paseo Sarta Unit B 0.20mi 1/1.0 588 (0%) 0mo $124,000 $211 91
364 S Paseo Lobo Unit C 0.22mi 1/1.0 588 (0%) 0mo $102,000 $173 90
263 S Paseo Madera Unit C 0.23mi 1/1.0 588 (0%) 2mo $97,000 $165 88
291 S Paseo Lobo #C 0.29mi 1/1.0 588 (0%) 2mo $89,900 $153 85
346 S Paseo Aguila Unit B 0.36mi 1/1.0 588 (0%) 0mo $85,000 $145 83
468 S Paseo Aguila Unit C 0.38mi 1/1.0 588 (0%) 1mo $75,000 $128 82
436 S Paseo Madera Unit B 0.20mi 1/1.0 654 (+11%) 2mo $109,500 $167 71
436 S Paseo Cerro Unit B 0.32mi 1/1.0 648 (+10%) 1mo $100,000 $154 67
291 S La Cañada Dr Unit A 0.18mi 2/1.0 (+1) 696 (+18%) 0mo $93,000 $134 62
437 S Paseo Madera Unit A 0.23mi 2/1.0 (+1) 696 (+18%) 0mo $121,000 $174 59

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 · 5.6% rent growth · sell at horizon

5-year hold
IRR
-29.6%
Equity multiple
-0.02×
Total profit
$-35,588
Equity at exit
$18,638
10-year hold
IRR
-17.7%
Equity multiple
-0.14×
Total profit
$-39,892
Equity at exit
$10,808

Cash invested: $35,000 (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
5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

Active competition Active MLS

For sale now
4 active · 10 under contract
Median asking
$142,000 ($204/sqft)
Median days on market
129 d
This list price
25% of active listings are priced below it
ARV vs active asking
+15.0% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 85614

Rents YoY
5.6%
Active inventory
601
Price-to-rent
8.4×

Monthly cashflow live

Estimated rent
$1,236 high interval (Pro) →
Mortgage (P&I)
$656
Tax est. 1.5%
$156 /mo · $1,875/yr
Insurance
$52
HOA
$410
Vacancy / Maint / Mgmt
$260
Net cashflow
$-297

Break-even live

Break-even rent $1,612
Max offer price $82,010
Occupancy floor

Sensitivity live

Price -10% $-211 -5% $-254 +0% $-297 +5% $-340 +10% $-383
Rent -10% $-395 -5% $-346 +0% $-297 +5% $-248 +10% $-199
Rate -1.0pp $-234 -0.5pp $-265 base $-297 +0.5pp $-329 +1.0pp $-362

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
$31,250
Closing costs
$3,750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 23 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
430 S Paseo Pena Green Valley, AZ 2.0 1.0 696 $1,025 $1.47 110d 1 0.07mi
386 S La Canada Dr Unit C Green Valley, AZ 1.0 1.0 600 $1,150 $1.92 10d 1 0.08mi
329 S Paseo Pena Apt A Green Valley, AZ 2.0 1.0 696 $1,150 $1.65 10d 1 0.09mi
322 S La Canada Dr Unit D Green Valley, AZ 2.0 1.0 696 $1,200 $1.72 82d 1 0.10mi
232 S Paseo Pena Unit C Green Valley, AZ 1.0 1.0 588 $1,000 $1.70 58d 1 0.13mi
478 Paseo Madera Unit B Green Valley, AZ 1.0 1.0 588 $1,250 $2.13 119d 1 0.19mi
466 Paseo Madera Unit A Green Valley, AZ 2.0 1.0 696 $1,100 $1.58 112d 1 0.19mi
466 S Paseo Madera Green Valley, AZ 2.0 1.0 696 $1,100 $1.58 87d 1 0.19mi
174 S Paseo Tierra Green Valley, AZ 1.0 1.0 588 $1,100 $1.87 58d 1 0.24mi
133 S Paseo Pena Green Valley, AZ 1.0 1.0 588 $1,050 $1.79 74d 1 0.24mi
132 S Paseo Sarta Green Valley, AZ 1.0 1.0 588 $2,000 $3.40 58d 1 0.25mi
132 S Paseo Sarta Unit B Green Valley, AZ 1.0 1.0 588 $2,000 $3.40 10d 1 0.25mi
248 S Paseo Lobo Unit D Green Valley, AZ 2.0 1.0 696 $1,150 $1.65 10d 1 0.25mi
303 S Paseo Lobo Green Valley, AZ 2.0 1.0 696 $1,000 $1.44 119d 1 0.26mi
469 S Paseo Lobo Unit B Green Valley, AZ 1.0 1.0 588 $1,200 $2.04 10d 1 0.28mi
478 S Paseo Cerro Green Valley, AZ 1.0 1.0 588 $1,000 $1.70 63d 1 0.30mi
262 S Paseo Cerro Green Valley, AZ 1.0 1.0 588 $1,200 $2.04 97d 1 0.30mi
262 S Paseo Cerro Unit B Green Valley, AZ 1.0 1.0 588 $1,200 $2.04 119d 1 0.30mi
90 W Camino Manzana Green Valley, AZ 1.0 1.0 588 $2,000 $3.40 119d 1 0.33mi
321 S Paseo Cerro Unit B Green Valley, AZ 1.0 1.0 596 $1,000 $1.68 10d 1 0.34mi
321 S Paseo Cerro Green Valley, AZ 1.0 1.0 596 $1,000 $1.68 4d 1 0.34mi
480 S Paseo Aguila Green Valley, AZ 1.0 1.0 588 $925 $1.57 77d 1 0.37mi
480 S Paseo Aguila Unit C Green Valley, AZ 1.0 1.0 588 $950 $1.62 77d 1 0.37mi

Property features AI

Finance

Other
Lot features maintained by HOA; lot is irregular with approximately decorative gravelZoning: Green Valley - TR
HOA & community
Part of GV Villas West Condo associationMonthly HOA fee ($410) covering air conditioning/heating, blanket insurance, common area maintenance, pest control, roof repair/replacement, sewer, street maintenance and waterAssociation amenities include maintenance, laundry facilities, park and pool

Exterior

Parking
Designated parking (see directions for space 356 B or C)HOA-maintained road responsibility
Security
Wrought iron security doorSmoke detector(s)
Utilities
Water from local water companySewer connectedPhone connected
Home design
CondominiumSingle-storyFaces east
Construction
Brick, slump block and masonry stucco constructionTile and built-up roof
Exterior features
Covered patio with slab and paver surfacesDecorative gravelBorders common areaEast/West exposurePaved streetSidewalksPutting greenPool

Interior

Kitchen
RefrigeratorElectric rangeMicrowave
Bedrooms
One-level residence
Flooring
CarpetLaminate
Bathrooms
1 full bathroom
Heating & cooling
Forced air heating (natural gas)Central airCeiling fans
Interior features
FurnishedExhaust fanSmoke detector(s)Wrought iron security doorDoor levers and level-access features
Laundry & utility
Washer and dryer in-bathroom

HOA detail $410/mo · $4,920/yr condo

Likely covers
watersewertrashpool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-09-24
    days on market $125,000 Active 95 DOM
  2. 2026-09-23
    days on market $125,000 Active 94 DOM
  3. 2026-09-22
    days on market $125,000 Active 93 DOM
  4. 2026-09-21
    days on market $125,000 Active 92 DOM
  5. 2026-09-20
    days on market $125,000 Active 91 DOM
  6. 2026-09-19
    days on market $125,000 Active 90 DOM
  7. 2026-09-18
    days on market $125,000 Active 89 DOM
  8. 2026-09-17
    days on market $125,000 Active 88 DOM
  9. 2026-09-16
    days on market $125,000 Active 87 DOM
  10. 2026-09-15
    days on market $125,000 Active 86 DOM
  11. 2026-09-14
    days on market $125,000 Active 85 DOM
  12. 2026-09-13
    days on market $125,000 Active 84 DOM
  13. 2026-09-12
    days on market $125,000 Active 83 DOM
  14. 2026-09-11
    days on market $125,000 Active 82 DOM
  15. 2026-09-05
    days on market $125,000 Active 76 DOM
  16. 2026-09-04
    days on market $125,000 Active 75 DOM
  17. 2026-09-03
    days on market $125,000 Active 74 DOM
  18. 2026-08-31
    days on market $125,000 Active 71 DOM
  19. 2026-08-29
    days on market $125,000 Active 69 DOM
  20. 2026-08-28
    days on market $125,000 Active 68 DOM
  21. 2026-08-27
    days on market $125,000 Active 67 DOM
  22. 2026-08-26
    days on market $125,000 Active 66 DOM
  23. 2026-08-25
    days on market $125,000 Active 65 DOM
  24. 2026-08-23
    days on market $125,000 Active 63 DOM
  25. 2026-08-22
    days on market $125,000 Active 62 DOM
  26. 2026-08-21
    days on market $125,000 Active 61 DOM
  27. 2026-08-20
    days on market $125,000 Active 60 DOM
  28. 2026-08-19
    days on market $125,000 Active 59 DOM
  29. 2026-08-18
    days on market $125,000 Active 58 DOM
  30. 2026-08-17
    days on market $125,000 Active 57 DOM
  31. 2026-08-16
    days on market $125,000 Active 56 DOM
  32. 2026-08-15
    days on market $125,000 Active 55 DOM
  33. 2026-08-14
    days on market $125,000 Active 54 DOM
  34. 2026-08-13
    days on market $125,000 Active 53 DOM
  35. 2026-08-12
    days on market $125,000 Active 52 DOM
  36. 2026-08-11
    days on market $125,000 Active 51 DOM
  37. 2026-08-10
    days on market $125,000 Active 50 DOM
  38. 2026-08-09
    days on market $125,000 Active 49 DOM
  39. 2026-08-08
    days on market $125,000 Active 48 DOM
  40. 2026-08-07
    days on market $125,000 Active 47 DOM
  41. 2026-08-06
    days on market $125,000 Active 46 DOM
  42. 2026-08-05
    days on market $125,000 Active 45 DOM
  43. 2026-08-04
    days on market $125,000 Active 44 DOM
  44. 2026-08-03
    days on market $125,000 Active 43 DOM
  45. 2026-07-31
    days on market $125,000 Active 40 DOM
  46. 2026-07-30
    days on market $125,000 Active 39 DOM
  47. 2026-07-30
    days on market $125,000 Active 38 DOM
  48. 2026-07-28
    days on market $125,000 Active 37 DOM
  49. 2026-07-26
    days on market $125,000 Active 35 DOM
  50. 2026-07-24
    days on market $125,000 Active 33 DOM

ⓘ 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 (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 8/10 Severe
  • 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,837
− Mortgage interest
−$7,002
− Property taxes
−$1,875
− Insurance
−$625
− Repairs & maintenance
−$1,187
− Management
−$1,187
− HOA
−$4,920
− Depreciation
−$3,636
Taxable loss
−$5,595
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,343
After-tax cash flow
$-2,222/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

Good 75/100 Cosmetic rehab Est. rehab $2,940–$8,820 screening

This well-maintained 588 sq ft condo is move-in ready with cosmetic updates needed for the kitchen and a fresh coat of paint to enhance curb appeal and interior aesthetics.

Repairs flagged

  • Minor Kitchen cabinets — Aesthetic update needed
  • Minor Kitchen countertops — Clean and freshen up

Value-add opportunities

  • Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Replace kitchen cabinets — Modern cabinets improve functionality and aesthetics
  • Both Replace kitchen countertops — New countertops improve functionality and aesthetics

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 38/100

Zoned Schools

Elementary Continental Elementary School F AZ #418/1,109 Nat'l #20,973/41,679

Schools (NCES district)

District
Continental Elementary District (4416)
NCES district ID
0402250
Math proficiency
35% ▼ -11.00%
Reading proficiency
42% ▬ 0.00%
Median HH income
$48,475
Composite
33.08/100
National rank
#5565
State rank
#72 of 249 in AZ
C Composite livability gradescore 61/100

Livability — Green Valley

Score
61/100
State rank
#165
US rank
#18276

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment C Housing A+ Health & safety F User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Green Valley, AZ
County
Pima County · 1,066,056 people
City population
25,381
Metro
Tucson, AZ
Population (ZIP)
25,381
Household income
$64,879
Rent vs Own
16.7% rent · 83.3% own
Severe rent burden
29% of renters

Population outlook (Pima County) Hauer SSP2

Today (2025)
1,066,056 people
By 2030
1,086,684 · +1.9%
By 2040
1,117,160 · +4.8%
By 2050
1,149,778 · +7.9%
By 2075
1,271,480 · +19.3%
By 2100
1,321,160 · +23.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (80%)
Race & ethnicity
White 80% Hispanic / Latino 15% Two or more races 7% Black 2%
Hispanic origin (detail)
Mexican 14%
Common ancestry
Portuguese 4% Slovak 4% Italian 3%
Foreign-born
8% · Canada, China
Languages at home
87% English-only · Spanish 9% French/Haitian/Cajun 1% German/W. Germanic 0%

Political lean MEDSL · Pima

2024 margin
D (+15.2) · D 57.0% · R 41.8% · Other 1.2%
2008→2024 swing
+9.1pp toward D · 2008: 6.1pp · 2024: 15.2pp
All cycles
2024: D+15.2 2020: D+18.7 2016: D+13.5 2012: D+5.8 2008: D+6.1

Not yet ingested

Civics

Price history

+73.9% since first listed
3 events — show timeline
  • 2026-06-21 Listed $125,000 MLSSAZ
  • 2007-07-04 Listing Removed MLSSAZ
  • 2007-04-05 Listed $71,900 MLSSAZ

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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