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1470 Sunrise Dr 🏷️ Likely Rental
C- Composite 52.3
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 +17.1/30.0
  • ARV discount +15.0/15.0
  • DSCR +5.5/10.0
  • 1% rule +5.1/10.0
  • Schools +3.6/10.0
  • Livability +3.2/5.0
  • Rent growth +2.7/5.0
  • Appreciation +2.5/10.0
  • Condition / age +2.2/5.0
  • Manufactured-home adj. -4.5

$110,000

1470 Sunrise Dr · Lake Havasu City, AZ 86404
2 bd · 1.0 ba · 784 sqft · Manufactured · 219 Days on market
Manufactured home 55+ age-restricted Built 1988 Fair condition 3,485 sqft lot Garage $140/sqft · 36% below area Est $173k · 36% under ↓ 11% since listing

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

Listing remarks MLS

Monthly lease is $515.00 per month. 55+ park. Buyer must qualify with park. Quiet park, and friendly. This two bedroom, 1 bath is perfect for for vacationers or that starter home. It's cute and cozy. Covered patio on one side that sports a view of the lake and covered carport on the other that accommodates a boat undercover. COMES FURNISHED AND READY TO MOVE INTO. Storage building also. (10x8). Clubhouse has POOL, FREE WIFI, 2 POOL TABLES, LOTS OF VIDEOS TO BORROW, AND BEST OF ALL THERE'S WEEKLY FUNCTIONS FOR THE RESIDENTS.

Key facts

  • Covered carport
  • Community clubhouse
  • Accommodate a boat

Tags

COVERED PATIOVIEW OF LAKECOVERED CARPORTACCOMMODATE A BOATSEPARATE STORAGE BUILDINGCOMMUNITY CLUBHOUSE

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $110,000 price doesn't fit this home's estimated sale value (~$172,698) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $110k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $118 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $110k).
  • Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.6% vs local median 3.0% in Lake Havasu City — 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 63/100 on livability (#124 in AZ) — a middle-class / working-renter tenant base. Strengths: housing A; Watch: health & safety C-, amenities F, commute F.
  • Lake Havasu Unified District (4368) (urban): math 39% / reading 41% proficiency, ranked #66 of 249 in AZ (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Nautilus Elementary School (math 51% / reading 44%, grade D, #303 of 1,109 statewide, top 28%, 360 students, 52% FRL); Thunderbolt Middle School (math 27% / reading 34%, grade F, #81 of 218 statewide, top 37%, 851 students, 41% FRL); Lake Havasu High School (math 29% / reading 33%, grade F, #111 of 381 statewide, top 29%, 1,813 students, 31% FRL) — zoned schools at 41% FRL track the district average.
  • Market conditions: Rents flat; 758 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals lingering (median 51d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,543 units permitted in Mohave County in 2024 (33 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Mohave County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 219 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 4y ago; this cycle's ask has dropped $35k (24%) 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 5→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $96,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 219 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
1.01% ✓
Cap rate
7.58%
Cash-on-cash
4.59%
DSCR
1.20
GRM
8.2

CMA / ARV

ARV (median comp)
$172,698
List price
$110,000
Delta
-36.30%
Verdict
UNDERPRICED
Comps
11 within 2.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2212 N Kiowa Blvd #113 1.42mi 1/1.0 (-1) 774 (-1%) 0mo $204,500 $264 58
1460 Wagner Dr 0.10mi 2/1.0 896 (+14%) 22mo $165,000 $184 54
2212 N Kiowa Blvd #115 1.42mi 1/1.0 (-1) 774 (-1%) 19mo $272,500 $352 42
1310 Bombay Plz S 1.18mi 2/1.0 870 (+11%) 11mo $250,000 $287 38
2212 N Kiowa Blvd #212 1.42mi 1/1.0 (-1) 774 (-1%) 30mo $220,000 $284 38
2212 N Kiowa Blvd #111 1.42mi 1/1.0 (-1) 801 (+2%) 31mo $200,000 $250 36
2212 N Kiowa Blvd #116 1.42mi 1/1.0 (-1) 801 (+2%) 32mo $215,000 $268 36
2110 Commander Dr 1.45mi 3/1.0 (+1) 912 (+16%) 3mo $255,000 $280 33
2145 Alta Vista Dr 1.50mi 3/1.0 (+1) 912 (+16%) 13mo $165,000 $181 24
2059 Guest Ln 1.44mi 3/1.0 (+1) 924 (+18%) 16mo $250,000 $271 22
3004 Erwin Ln 1.43mi 2/2.0 924 (+18%) 20mo $170,000 $184 20
3023 Dawn Dr 1.45mi 3/2.0 (+1) 920 (+17%) 27mo $250,000 $272 11

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 · 0.66% rent growth · sell at horizon

5-year hold
IRR
-11.8%
Equity multiple
0.58×
Total profit
$-12,863
Equity at exit
$16,401
10-year hold
IRR
-6.5%
Equity multiple
0.63×
Total profit
$-11,485
Equity at exit
$9,511

Cash invested: $30,800 (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.

ZIP-level market 86404

Home prices YoY
-32.0%
Rents YoY
0.7%
Active inventory
758
Price-to-rent
8.2×

Monthly cashflow live

Estimated rent
$1,111 high interval (Pro) →
Mortgage (P&I)
−$577
Tax est. 1.5%
−$138 /mo · $1,650/yr
Insurance
−$46
HOA
−$0
Lot rent leased land?
−$0
Vacancy / Maint / Mgmt
−$233
Net cashflow
$118

Break-even live

Break-even rent $962
Max offer price $110,000
Occupancy floor 84%

Sensitivity live

Price -10% $194 -5% $156 +0% $118 +5% $80 +10% $42
Rent -10% $30 -5% $74 +0% $118 +5% $162 +10% $206
Rate -1.0pp $173 -0.5pp $146 base $118 +0.5pp $89 +1.0pp $60

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
$27,500
Closing costs
$3,300
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 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1781 Palo Verde Blvd N Apt A Lake Havasu City, AZ 2.0 2.0 1026 $1,175 $1.15 10d 1 0.33mi
1781 Palo Verde Blvd N Apt A Lake Havasu City, AZ 2.0 2.0 1026 $1,175 $1.15 1d 1 0.33mi
1290 Tanqueray Dr Unit 1290 Lake Havasu City, AZ 2.0 2.0 966 $1,250 $1.29 10d 1 0.68mi
1290 Tanqueray Dr Unit 1290 Lake Havasu City, AZ 2.0 2.0 966 $1,250 $1.29 0d 1 0.68mi
1370 N Lake Havasu Ave Unit 102 Lake Havasu City, AZ 2.0 1.0 900 $1,650 $1.83 154d 1 0.74mi
2065 Runabout Dr Unit 102 Lake Havasu City, AZ 2.0 2.0 1123 $1,525 $1.36 10d 1 1.19mi
2101 Sandwood Dr Apt B Lake Havasu City, AZ 2.0 2.0 988 $1,300 $1.32 10d 1 1.23mi
2101 Sandwood Dr Unit S2101-B Lake Havasu City, AZ 2.0 2.0 988 $1,350 $1.37 31d 1 1.23mi
2101 Sandwood Dr Apt B Lake Havasu City, AZ 2.0 2.0 988 $1,300 $1.32 2d 1 1.23mi
2086 Sandwood Dr Lake Havasu City, AZ 2.0 2.0 1123 $1,700 $1.51 185d 1 1.24mi
2095 Runabout Dr Unit F Lake Havasu City, AZ 2.0 1.0 720 $1,450 $2.01 51d 1 1.25mi
2095 Runabout Dr Lake Havasu City, AZ 2.0 1.0 720 $1,450 $2.01 154d 1 1.25mi
2212 N Kiowa Blvd #226 Lake Havasu City, AZ 1.0 1.0 774 $1,300 $1.68 184d 1 1.32mi
2345 Palo Verde Blvd N Lake Havasu City, AZ 3.0 2.0 1040 $2,500 $2.40 184d 1 1.33mi
2200 Sandwood Dr Unit A101 Lake Havasu City, AZ 2.0 2.0 819 $1,500 $1.83 184d 1 1.33mi
2021 Commander Dr Unit 3 Lake Havasu City, AZ 1.0 1.0 650 $950 $1.46 162d 1 1.34mi
2021 Commander Dr Unit 9 Lake Havasu City, AZ 1.0 1.0 650 $900 $1.38 184d 1 1.34mi
2080 Holly Ave Unit 104 Lake Havasu City, AZ 2.0 2.0 950 $1,400 $1.47 10d 1 1.35mi
2212 Kiowa Blvd N #115 Lake Havasu City, AZ 1.0 1.0 774 $1,500 $1.94 162d 1 1.39mi
2321 Palisades Dr Unit 102 Lake Havasu City, AZ 2.0 2.0 1019 $1,375 $1.35 10d 1 1.40mi
2320 Sandwood Dr Unit 2 Lake Havasu City, AZ 2.0 1.0 800 $1,100 $1.38 10d 1 1.46mi
2320 Sandwood Dr Unit 3 Lake Havasu City, AZ 2.0 1.0 800 $1,100 $1.38 184d 1 1.46mi

Property features AI

Finance

Financial info
Land is leased
HOA & community
Homeowners association with monthly feeCommunity spa / hot tub amenity

Exterior

Parking
Attached garageCarport
Utilities
Public waterPublic sewer200+ amp electric serviceNatural gas available and connected
Home design
Manufactured home (single wide)Built by CavcoMobile dimensions approximately 14' x 56'Shingle roofFrame construction with vertical sidingZoned L-RMH (Manufactured Home District)
Construction
Frame constructionVertical sidingShingle roof
Exterior features
Level lotShed(s)Has viewGunite heated poolSpa / hot tub

Interior

Kitchen
Laminate countersBreakfast bar
Bedrooms
Total of 5 rooms (bedroom count not specified)
Flooring
Laminate flooringCarpet
Bathrooms
1 full bathroom
Heating & cooling
Central heating (natural gas)Central air conditioning (electric)Ceiling fans
Interior features
Laminate countersBreakfast barCeiling fansLow-flow plumbing fixturesOpen floorplanWindow coveringsFurnished
Laundry & utility
Inside laundryElectric dryer hookupGas dryer hookupGas water heater

Listing history 50 events

  1. 2026-11-08
    days on market $110,000 Active 219 DOM
  2. 2026-11-07
    days on market $110,000 Active 218 DOM
  3. 2026-11-06
    days on market $110,000 Active 217 DOM
  4. 2026-11-05
    days on market $110,000 Active 216 DOM
  5. 2026-11-04
    days on market $110,000 Active 215 DOM
  6. 2026-11-02
    days on market $110,000 Active 213 DOM
  7. 2026-11-01
    days on market $110,000 Active 212 DOM
  8. 2026-10-31
    days on market $110,000 Active 211 DOM
  9. 2026-10-30
    days on market $110,000 Active 210 DOM
  10. 2026-10-29
    days on market $110,000 Active 209 DOM
  11. 2026-10-28
    days on market $110,000 Active 208 DOM
  12. 2026-10-27
    days on market $110,000 Active 207 DOM
  13. 2026-10-26
    days on market $110,000 Active 206 DOM
  14. 2026-10-25
    days on market $110,000 Active 205 DOM
  15. 2026-10-24
    days on market $110,000 Active 204 DOM
  16. 2026-10-23
    days on market $110,000 Active 203 DOM
  17. 2026-10-22
    days on market $110,000 Active 202 DOM
  18. 2026-10-21
    pricedays on market $110,000 Active 201 DOM
  19. 2026-10-20
    days on market $120,000 Active 200 DOM
  20. 2026-10-19
    days on market $120,000 Active 199 DOM
  21. 2026-10-18
    days on market $120,000 Active 198 DOM
  22. 2026-10-17
    days on market $120,000 Active 197 DOM
  23. 2026-10-16
    days on market $120,000 Active 196 DOM
  24. 2026-10-15
    days on market $120,000 Active 195 DOM
  25. 2026-10-14
    days on market $120,000 Active 194 DOM
  26. 2026-10-13
    days on market $120,000 Active 193 DOM
  27. 2026-10-12
    days on market $120,000 Active 192 DOM
  28. 2026-10-11
    days on market $120,000 Active 191 DOM
  29. 2026-10-10
    days on market $120,000 Active 190 DOM
  30. 2026-10-09
    days on market $120,000 Active 189 DOM
  31. 2026-10-08
    days on market $120,000 Active 188 DOM
  32. 2026-10-07
    days on market $120,000 Active 187 DOM
  33. 2026-10-06
    days on market $120,000 Active 186 DOM
  34. 2026-10-05
    days on market $120,000 Active 185 DOM
  35. 2026-10-04
    days on market $120,000 Active 184 DOM
  36. 2026-10-03
    days on market $120,000 Active 183 DOM
  37. 2026-10-02
    days on market $120,000 Active 182 DOM
  38. 2026-10-01
    days on market $120,000 Active 181 DOM
  39. 2026-09-30
    days on market $120,000 Active 180 DOM
  40. 2026-09-29
    days on market $120,000 Active 179 DOM
  41. 2026-09-28
    days on market $120,000 Active 178 DOM
  42. 2026-09-27
    days on market $120,000 Active 177 DOM
  43. 2026-09-26
    days on market $120,000 Active 176 DOM
  44. 2026-09-25
    days on market $120,000 Active 175 DOM
  45. 2026-09-24
    days on market $120,000 Active 174 DOM
  46. 2026-09-24
    days on market $120,000 Active 173 DOM
  47. 2026-09-22
    days on market $120,000 Active 172 DOM
  48. 2026-09-21
    days on market $120,000 Active 171 DOM
  49. 2026-09-20
    days on market $120,000 Active 170 DOM
  50. 2026-09-18
    days on market $120,000 Active 168 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 1/10 Low
  • 🌡 Heat 9/10 Extreme 5 d/yr ≥116°F today · 12 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

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,336
− Mortgage interest
−$6,162
− Property taxes
−$1,650
− Insurance
−$550
− Repairs & maintenance
−$1,067
− Management
−$1,067
− Depreciation
−$3,200
Taxable loss
−$359
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$86
After-tax cash flow
$1,500/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 · 12 photos

Fair 45/100 Moderate rehab Est. rehab $19,600–$35,280 screening

This mobile home requires moderate repairs and updates to improve its condition and value. The home is currently move-in ready but could benefit from a fresh coat of paint and updated fixtures.

Repairs flagged

  • Minor kitchen cabinets — slight wear
  • Minor kitchen appliances — outdated and worn
  • Minor bathroom fixtures — basic and worn

Value-add opportunities

  • Both paint interior walls — enhances appearance and value ↑
  • Both replace curtains — enhances appearance and value ↑
  • Both update kitchen cabinets and appliances — modernizes and increases value ↑
  • Both update bathroom fixtures — modernizes and increases value ↑

ⓘ Rehab cost is a screening estimate — Moderate 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 36/100

Zoned Schools

Elementary Nautilus Elementary School D AZ #303/1,109 Nat'l #14,382/41,679 Middle Thunderbolt Middle School F AZ #81/218 Nat'l #8,750/14,009 High Lake Havasu High School F AZ #111/381 Nat'l #10,806/17,239

Schools (NCES district)

District
Lake Havasu Unified District (4368)
NCES district ID
0404280
Math proficiency
39% ▼ -16.00%
Reading proficiency
41% ▼ -8.00%
Median HH income
$43,993
Composite
33.92/100
National rank
#5339
State rank
#66 of 249 in AZ
C Composite livability gradescore 63/100

Livability — Lake Havasu City

Score
63/100
State rank
#124
US rank
#15839

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lake Havasu City, AZ
County
Mohave County · 209,184 people
City population
62,596
Metro
Lake Havasu City-Kingman, AZ
Population (ZIP)
19,234
Household income
$72,910
Rent vs Own
19.3% rent · 80.7% own
Severe rent burden
11% of renters

Population outlook (Mohave County) Hauer SSP2

Today (2025)
209,184 people
By 2030
209,674 · +0.2%
By 2040
205,897 · -1.6%
By 2050
196,810 · -5.9%
By 2075
169,454 · -19.0%
By 2100
136,630 · -34.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (83%)
Race & ethnicity
White 83% Hispanic / Latino 12% Two or more races 6%
Hispanic origin (detail)
Mexican 10%
Languages at home
94% English-only · Spanish 5%

Political lean MEDSL · Mohave

2024 margin
Solid R (+55.8) · D 21.8% · R 77.6%
2008→2024 swing
-22.9pp toward R · 2008: -32.9pp · 2024: -55.8pp
All cycles
2024: R+55.8 2020: R+51.3 2016: R+51.5 2012: R+42.6 2008: R+32.9

Not yet ingested

Civics
—

Price history

-11.1% since first listed
11 events — show timeline
  • 2026-06-16 Price Changed $120,000 LHAR
  • 2026-05-01 Price Changed $135,000 LHAR
  • 2026-04-03 Listed $145,000 LHAR
  • 2022-11-29 Sold (MLS) $130,000 WARDEX
  • 2022-11-29 Sold (MLS) $130,000 LHAR
  • 2022-11-09 Pending — WARDEX
  • 2022-11-09 Pending — LHAR
  • 2022-10-11 Listed $134,900 WARDEX
  • 2022-10-11 Listed $134,900 LHAR
  • 2022-02-10 Listed $135,000 WARDEX
  • 2022-02-10 Listed $135,000 LHAR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…