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2605 S Tomahawk Rd #187
C- Composite 54.43
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 +22.5/30.0
  • 1% rule +7.5/10.0
  • DSCR +7.5/10.0
  • ARV discount +7.5/15.0
  • Condition / age +3.8/5.0
  • Livability +3.3/5.0
  • Rent growth +2.9/5.0
  • Appreciation +2.5/10.0
  • Schools +1.7/10.0
  • Manufactured-home adj. -4.7

$47,000

2605 S Tomahawk Rd #187 · Apache Junction, AZ 85119
2 bd · 2.0 ba · 1,056 sqft · Manufactured · 134 Days on market
Manufactured home 55+ age-restricted Built 1983 Good condition $45/sqft · 59% below area ↓ 22% since listing

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

Listing remarks

REDUCED! Welcome home to this neat, clean, newly updated affordable home. It's located in a gated 55+ active adult community with low lot rent, Mountain views and a very large backyard. lSome of the NEW items include a 3 door refrigerator, new flooring & ceiling fans. Your kitchen also has a farm sink, plenaty of cabinets with new handles and drawer pulls and a coat or broom closet. Both bathrooms have been updated with vanities, dual flush toilets. There is a walk in shower in the primary Bathroom. The washer and dryer stay as well. The shed with double doors has ample room for garden tools and storage .

Key facts

  • Parking
  • Community pool
  • Built 1983

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 2-bed/2.0-bath manufactured listed at $47k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $596 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $47k).
  • Recommended offer: $41k (12.0% below list) — sets the bar for market timing.
  • Cap rate 21.5% vs local median 3.1% in Apache Junction — 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 66/100 on livability (#70 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities F, commute F.
  • Apache Junction Unified District (4443) (suburban): math 15% / reading 20% proficiency, ranked #195 of 249 in AZ (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Desert Vista Elementary School (math 18% / reading 23%, grade F, #729 of 1,109 statewide, top 67%, 536 students, 50% FRL); Cactus Canyon Junior High (math 14% / reading 19%, grade F, #151 of 218 statewide, top 70%, 702 students, 50% FRL); Apache Junction High School (math 12% / reading 17%, grade F, #267 of 381 statewide, top 72%, 999 students, 48% FRL) — zoned schools at 49% FRL track the district average.
  • Market conditions: Rents rising (+1.6%/yr); 428 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 28d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,504 units permitted in Pinal County in 2024 (776 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $325 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 1.6% rent growth), your $13k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 134 days — a 12% lower offer ($41k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 3→9/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $41,360 (12.0% below list)

Questions for the listing agent

  1. It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. 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.
  7. 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.
  8. 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
2.48%
Cap rate
21.51%
Cash-on-cash
54.35%
DSCR
3.42
GRM
3.4

CMA / ARV

ARV (median comp)
$114,500
List price
$47,000
Delta
-58.95%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2605 S Tomahawk Rd #120 0.05mi 2/2.0 1,000 (-5%) 5mo $85,000 $85 85
1416 E Southern Ave 0.26mi 2/2.0 1,057 (+0%) 12mo $99,000 $94 78
1730 E 21st Ave 0.32mi 2/2.0 1,024 (-3%) 7mo $235,000 $229 74
2605 S Tomahawk Rd #181 0.05mi 3/2.0 (+1) 1,200 (+14%) 5mo $125,000 $104 66
2206 S Vista Rd 0.24mi 3/2.5 (+1) 960 (-9%) 1mo $255,000 $266 65
3500 S Tomahawk Rd #198 0.63mi 2/2.0 1,056 (0%) 10mo $75,000 $71 62
1423 E 19th Ave 0.47mi 2/2.0 960 (-9%) 5mo $235,000 $245 58
1370 E 21st Ave 0.42mi 2/2.0 924 (-12%) 4mo $125,000 $135 56
2388 S Vista Rd 0.14mi 3/2.0 (+1) 1,200 (+14%) 13mo $294,000 $245 55
2884 S Acacia Rd 0.50mi 3/2.0 (+1) 900 (-15%) 2mo $155,000 $172 45
3700 S Tomahawk Rd #22 0.75mi 3/2.0 (+1) 960 (-9%) 4mo $57,500 $60 42
3500 S Tomahawk Rd #178 0.62mi 2/1.0 910 (-14%) 13mo $62,000 $68 33

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 · 1.57% rent growth · sell at horizon

5-year hold
IRR
50.9%
Equity multiple
3.18×
Total profit
$28,708
Equity at exit
$7,008
10-year hold
IRR
55.7%
Equity multiple
6.12×
Total profit
$67,356
Equity at exit
$4,064

Cash invested: $13,160 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
16 active · 6 under contract
Months of supply
6.0 mo (17%/mo absorbed)
Median asking
$90,950 ($77/sqft)
Median days on market
139 d
This list price
12% of active listings are priced below it
ARV vs active asking
+39.9% above current asking $/sqft

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

ZIP-level market 85119

Home prices YoY
-33.5%
Rents YoY
1.6%
Active inventory
428
Price-to-rent
3.4×

Monthly cashflow live

Estimated rent
$1,166 high interval (Pro) →
Mortgage (P&I)
$246
Tax est. 1.5%
$59 /mo · $705/yr
Insurance
$20
HOA
$0
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$245
Net cashflow
$596

Break-even live

Break-even rent $411
Max offer price $47,000
Occupancy floor 44%

Sensitivity live

Price -10% $628 -5% $612 +0% $596 +5% $580 +10% $564
Rent -10% $504 -5% $550 +0% $596 +5% $642 +10% $688
Rate -1.0pp $620 -0.5pp $608 base $596 +0.5pp $584 +1.0pp $571

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
$11,750
Closing costs
$1,410
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 30 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1540 E 25th Ave Apache Junction, AZ 2.0 1.0 850 $995 $1.17 62d 1 0.15mi
1510 E 26th Ln Unit 2 Apache Junction, AZ 2.0 1.5 1160 $1,550 $1.34 48d 1 0.17mi
2560 S Yavapai Rd Unit 2 Apache Junction, AZ 2.0 1.0 800 $1,300 $1.62 38d 1 0.20mi
2580 S Yavapai Rd Unit 2 Apache Junction, AZ 2.0 1.0 840 $1,300 $1.55 23d 1 0.20mi
2692 S Yavapai Rd Unit 3 Apache Junction, AZ 2.0 1.0 850 $1,400 $1.65 7d 1 0.22mi
1551 E 28th Ave Unit 1 Apache Junction, AZ 2.0 1.0 840 $1,200 $1.43 17d 1 0.24mi
3405 S Tomahawk Rd Lot 15 Apache Junction, AZ 2.0 2.0 1216 $1,499 $1.23 36d 1 0.51mi
2247 S Arizona Rd Apache Junction, AZ 3.0 2.0 1168 $1,895 $1.62 17d 1 0.54mi
3283 S Bowman Rd Apache Junction, AZ 3.0 2.0 1387 $1,895 $1.37 38d 1 0.55mi
878 E Graham Ln Apache Junction, AZ 2.0 2.0 938 $1,595 $1.70 23d 1 0.58mi
3448 S Chaparral Rd Apache Junction, AZ 3.0 2.0 1186 $1,848 $1.56 60d 1 0.59mi
3333 S Conestoga Rd Apache Junction, AZ 3.0 2.0 1387 $2,900 $2.09 73d 1 0.61mi
700 E Quail Ave Apache Junction, AZ 3.0 2.0 1168 $1,699 $1.45 27d 1 0.68mi
2962 E Mohave Ln Apache Junction, AZ 3.0 2.0 1400 $2,145 $1.53 18d 1 0.75mi
501 E Quail Ave Apache Junction, AZ 2.0 1.0 720 $1,150 $1.60 27d 1 0.80mi
501 E Quail Ave Apache Junction, AZ 2.0 1.0 720 $1,150 $1.60 54d 1 0.80mi
457 E Quail Ave Unit 3 Apache Junction, AZ 2.0 1.0 780 $1,250 $1.60 34d 1 0.81mi
705 E Kachina Ave Apache Junction, AZ 3.0 2.0 1400 $2,655 $1.90 54d 1 0.84mi
499 E Navajo Ave Unit 4 Apache Junction, AZ 2.0 1.0 750 $1,288 $1.72 21d 1 0.84mi
403 E Quail Ave Apache Junction, AZ 2.0 1.0 800 $1,350 $1.69 53d 1 0.85mi
603 E Hondo Ave Apache Junction, AZ 3.0 2.0 1283 $1,750 $1.36 27d 1 0.93mi
1297 E Broadway Ave Apache Junction, AZ 1.0–3.0 1.0–2.0 954 $1,924 $2.02 10d 25 1.03mi
975 S Royal Palm Rd Apache Junction, AZ 2.0–3.0 2.0 1000 $1,395 $1.40 2d 12 1.14mi
520 E Desert Ave Apache Junction, AZ 3.0 2.0 1378 $1,881 $1.37 30d 1 1.18mi
483 E 10th Ave Apt C Apache Junction, AZ 2.0 1.0 720 $1,100 $1.53 35d 1 1.22mi
451 E 10th Ave Unit 2 Apache Junction, AZ 2.0 1.0 850 $1,199 $1.41 2d 1 1.22mi
452 E 10th Ave Unit 104 Apache Junction, AZ 2.0 1.0 783 $1,000 $1.28 71d 1 1.26mi
25 W 16th Ave Apache Junction, AZ 3.0 2.0 1134 $1,699 $1.50 2d 1 1.26mi
2061 S Apache Dr Unit 1 Apache Junction, AZ 2.0 1.0 800 $995 $1.24 21d 1 1.27mi
2061 S Apache Dr Unit 1 Apache Junction, AZ 2.0 1.0 800 $995 $1.24 7d 1 1.27mi

Property features AI

Finance

Other
Private maintained road
Financial info
$114.11 annual tax (2025)
HOA & community
Land lease of $786 monthlyAssociation covers sewer, street maintenance, trash and waterCommunity amenities include pool, community spa, pickleball, fitness center, community media room, coin-op laundryNo visible trucks/trailers/RVs/boats allowed

Exterior

Parking
1 covered parking space1 carport space
Security
Gated community
Utilities
City waterSeptic (connected)Land lease (monthly)
Home design
Manufactured/mobile homeLeaseholdMountain views
Construction
Vinyl sidingWood frame constructionPainted exteriorRolled/Hot Mop roof
Exterior features
Private streetsStorageShed(s)Desert front yardGravel/stone in back yardHeated spa

Interior

Kitchen
RefrigeratorDishwasher
Bedrooms
2 bedrooms
Flooring
CarpetLaminate
Bathrooms
2 full bathrooms
Heating & cooling
Electric heatingCentral airCeiling fans
Interior features
Breakfast bar3/4 bath in primary bedroom
Laundry & utility
Indoor laundry

Listing history 50 events

  1. 2026-08-08
    days on market $47,000 Active 134 DOM
  2. 2026-08-06
    days on market $47,000 Active 132 DOM
  3. 2026-08-05
    days on market $47,000 Active 131 DOM
  4. 2026-08-04
    days on market $47,000 Active 130 DOM
  5. 2026-08-03
    days on market $47,000 Active 129 DOM
  6. 2026-07-31
    days on market $47,000 Active 126 DOM
  7. 2026-07-30
    days on market $47,000 Active 125 DOM
  8. 2026-07-30
    days on market $47,000 Active 124 DOM
  9. 2026-07-28
    days on market $47,000 Active 123 DOM
  10. 2026-07-26
    days on market $47,000 Active 121 DOM
  11. 2026-07-24
    days on market $47,000 Active 119 DOM
  12. 2026-07-23
    days on market $47,000 Active 118 DOM
  13. 2026-07-22
    days on market $47,000 Active 117 DOM
  14. 2026-07-21
    days on market $47,000 Active 116 DOM
  15. 2026-07-20
    days on market $47,000 Active 115 DOM
  16. 2026-07-18
    days on market $47,000 Active 113 DOM
  17. 2026-07-18
    days on market $47,000 Active 112 DOM
  18. 2026-07-16
    days on market $47,000 Active 111 DOM
  19. 2026-07-15
    days on market $47,000 Active 110 DOM
  20. 2026-07-14
    days on market $47,000 Active 109 DOM
  21. 2026-07-13
    days on market $47,000 Active 108 DOM
  22. 2026-07-13
    days on market $47,000 Active 107 DOM
  23. 2026-07-11
    days on market $47,000 Active 106 DOM
  24. 2026-07-10
    days on market $47,000 Active 105 DOM
  25. 2026-07-09
    days on market $47,000 Active 104 DOM
  26. 2026-07-07
    days on market $47,000 Active 102 DOM
  27. 2026-07-06
    days on market $47,000 Active 101 DOM
  28. 2026-07-06
    days on market $47,000 Active 100 DOM
  29. 2026-07-05
    days on market $47,000 Active 99 DOM
  30. 2026-07-03
    days on market $47,000 Active 98 DOM
  31. 2026-07-02
    days on market $47,000 Active 97 DOM
  32. 2026-07-01
    days on market $47,000 Active 96 DOM
  33. 2026-06-30
    days on market $47,000 Active 95 DOM
  34. 2026-06-29
    days on market $47,000 Active 94 DOM
  35. 2026-06-28
    days on market $47,000 Active 93 DOM
  36. 2026-06-27
    days on market $47,000 Active 92 DOM
  37. 2026-06-26
    days on market $47,000 Active 91 DOM
  38. 2026-06-24
    days on market $47,000 Active 89 DOM
  39. 2026-06-22
    days on market $47,000 Active 87 DOM
  40. 2026-06-21
    days on market $47,000 Active 86 DOM
  41. 2026-06-18
    days on market $47,000 Active 83 DOM
  42. 2026-06-17
    days on market $47,000 Active 82 DOM
  43. 2026-06-16
    days on market $47,000 Active 81 DOM
  44. 2026-06-15
    days on market $47,000 Active 80 DOM
  45. 2026-06-13
    days on market $47,000 Active 78 DOM
  46. 2026-06-09
    days on market $47,000 Active 74 DOM
  47. 2026-06-08
    days on market $47,000 Active 73 DOM
  48. 2026-06-07
    days on market $47,000 Active 72 DOM
  49. 2026-06-04
    days on market $47,000 Active 69 DOM
  50. 2026-06-03
    days on market $47,000 Active 68 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 5/10 Major
  • 🌡 Heat 8/10 Severe 3 d/yr ≥111°F today · 9 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
$13,987
− Mortgage interest
−$2,633
− Property taxes
−$705
− Insurance
−$235
− Repairs & maintenance
−$1,119
− Management
−$1,119
− Depreciation
−$1,367
Taxable income
$6,809
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,634
After-tax cash flow
$5,518/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 $5,280–$15,840 screening

This manufactured home is in good condition with recent updates, but some exterior and interior maintenance is needed to maximize its value.

Value-add opportunities

  • Both Paint exterior siding — Enhances curb appeal and value
  • Both Replace awnings — Improves functionality and aesthetics
  • Both Replace flooring — Modernizes the home and improves comfort
  • Both Update kitchen appliances — Modernizes the kitchen and improves functionality
  • Both Update bathrooms — Modernizes the bathrooms and improves functionality

ⓘ 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 17/100

Zoned Schools

Elementary Desert Vista Elementary School F AZ #729/1,109 Nat'l #33,158/41,679 Middle Cactus Canyon Junior High F AZ #151/218 Nat'l #12,406/14,009 High Apache Junction High School F AZ #267/381 Nat'l #15,534/17,239

Schools (NCES district)

District
Apache Junction Unified District (4443)
NCES district ID
0400790
Math proficiency
15% ▼ -17.00%
Reading proficiency
20% ▼ -13.00%
Median HH income
$44,930
Composite
15.34/100
National rank
#9325
State rank
#195 of 249 in AZ
C Composite livability gradescore 66/100

Livability — Apache Junction

Score
66/100
State rank
#70
US rank
#11242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Pinal County · 437,574 people
City population
56,611
Metro
Phoenix-Mesa-Chandler, AZ
Population (ZIP)
25,420
Household income
$71,585
Rent vs Own
20.1% rent · 79.9% own
Severe rent burden
12% of renters

Population outlook (Pinal County) Hauer SSP2

Today (2025)
437,574 people
By 2030
446,903 · +2.1%
By 2040
452,589 · +3.4%
By 2050
444,126 · +1.5%
By 2075
430,300 · -1.7%
By 2100
393,536 · -10.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (74%)
Race & ethnicity
White 74% Hispanic / Latino 19% Two or more races 12% Black 2% Asian 1%
Hispanic origin (detail)
Mexican 17%
Common ancestry
Slovak 5% Portuguese 3% Lithuanian 3%
Foreign-born
8% · Canada
Languages at home
87% English-only · Spanish 11%

Political lean MEDSL · Pinal

2024 margin
Strong R (+22.1) · D 38.5% · R 60.6%
2008→2024 swing
-7.6pp toward R · 2008: -14.5pp · 2024: -22.1pp
All cycles
2024: R+22.1 2020: R+17.3 2016: R+19.3 2012: R+17.1 2008: R+14.5

Not yet ingested

Civics

Price history

-21.5% since first listed
3 events — show timeline
  • 2026-05-21 Price Changed $47,000 ARMLS
  • 2026-04-24 Price Changed $52,000 ARMLS
  • 2026-03-27 Listed $59,900 ARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…