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2350 Adobe Rd #16 🏷️ Likely Rental
D Composite 41.38
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 +15.0/15.0
  • Cash flow +10.2/30.0
  • Condition / age +4.0/5.0
  • Livability +3.2/5.0
  • 1% rule +3.0/10.0
  • DSCR +2.9/10.0
  • Appreciation +2.5/10.0
  • Rent growth +2.3/5.0
  • Schools +1.9/10.0
  • Manufactured-home adj. -3.6

$110,000

2350 Adobe Rd #16 · Bullhead City, AZ 86442
1 bd · 1.0 ba · 800 sqft · Manufactured · 45 Days on market
Manufactured home Built 1999 Good condition 3,920 sqft lot $138/sqft · 46% below area Est $205k · 46% under

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

Listing remarks MLS

FURNISHED & MOVE-IN READY - 1 BED 1 BATH STUNNING HOME IN THE RESERVE - JUST MINUTES FROM LAUGHLIN NV - A lot of people claim their home is move-in ready, but this one ACTUALLY is!! Just pack a bag! Welcome home to this adorable, well-cared-for and UPDATED property! Seller has spared no expense creating this spotless space. True pride of ownership shines through the moment you step inside. Fencing has been added to both the front and back yards so it is pet-ready & secure. Custom awning in the backyard opens to let light in or be completely covered. Fully landscaped and always maintained. Heading inside, you will notice the interior design work is flawless - and the furnishings are all included for your convenience and benefit. (Including a QUALITY leather couch and loveseat, which converts to a queen bed for guests!) Air conditioner is just 5 years old and works great. * RO system & water softener included! * Whether this is your full time residence or snowbird haven, lot 16 is sure to meet your every need. The layout has been well thought out and every room feels spacious. Owner has updated to stone countertops and replaced all kitchen appliances, as well as added modern cabinet hardware and window treatments. All new light/ceiling fixtures throughout!! On-site storage shed is included as well as covered parking. Community amenities include 2 heated pools, new pickleball addition, a clubhouse, and more PLUS a calendar packed with things for you to do! Must see this one in person to really experience what is has to offer. Motivated seller hopes you see this listing and fall in LOVE! Call your agent to walk the property and get a feel for your new life here in the Reserve at Fox Creek. Space rent is $746 per month & includes trash.

Key facts

  • Stone countertops
  • Full landscaping
  • 3,920 sq ft lot

Tags

FENCED FRONT AND BACK YARDSCUSTOM BACKYARD AWNINGFULL LANDSCAPINGWATER SOFTENER INCLUDEDSTONE COUNTERTOPSREPLACED KITCHEN APPLIANCES

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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🏷️ Possibly a rental listed for sale. The $110,000 price doesn't fit this home's estimated sale value (~$205,000) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath manufactured listed at $110k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-63 ($-753/yr) — negative.
  • To cash-flow at today's rent, offer at most $101k (8.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $88k (19.7% below list).
  • Recommended offer: $88k (19.7% below list) — sets the bar for 1% rule.
  • Cap rate 5.6% vs local median 3.7% in Bullhead 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 64/100 on livability (#103 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D, crime D-.
  • Bullhead City School District (4378) (town): math 16% / reading 22% proficiency, ranked #189 of 249 in AZ (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Diamondback Elementary School (math 22% / reading 27%, grade F, #645 of 1,109 statewide, top 60%, 356 students, 66% FRL); Fox Creek Jr High School (math 12% / reading 17%, grade F, #160 of 218 statewide, top 75%, 516 students, 65% FRL); Mohave High School (math 14% / reading 21%, grade F, #245 of 381 statewide, top 65%, 1,175 students, 51% FRL).
  • Market conditions: Rents soft (-0.9%/yr); 1236 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 45 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 6y 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.
  • Current owner paid $90k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 5→11/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $88,280 (19.7% 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 45 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
  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. 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?
  7. 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.
  8. 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.
  9. 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
0.80% ✗
Cap rate
5.61%
Cash-on-cash
-2.45%
DSCR
0.89
GRM
10.4

CMA / ARV

ARV (median comp)
$205,000
List price
$110,000
Delta
-46.34%
Verdict
UNDERPRICED
Comps
1 within 2.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2350 Adobe Rd #69 0.11mi 1/1.0 800 (0%) 14mo $90,000 $113 83
2350 Adobe Rd #91 0.11mi 1/1.0 800 (0%) 23mo $115,000 $144 75
2251 S Creosote Ln 0.06mi 2/2.0 (+1) 984 (+23%) 16mo $270,000 $274 50
2292 San Lin Con Ln 0.90mi 2/2.0 (+1) 770 (-4%) 9mo $205,000 $266 43
2349 Felipe Dr 0.81mi 1/1.0 738 (-8%) 12mo $300,000 $407 42
2296 San Lin Con Ln 0.90mi 1/1.5 787 (-2%) 31mo $202,000 $257 40
2638 Bear Mountain Loop 1.08mi 2/2.0 (+1) 983 (+23%) 9mo $240,000 $244 23
2337 Ryan Way 0.52mi 2/2.0 (+1) 974 (+22%) 30mo $285,000 $293 22
2602 Bear Mountain Loop 0.97mi 2/2.0 (+1) 990 (+24%) 13mo $290,000 $293 20
2267 Del Cristal 0.99mi 2/2.0 (+1) 945 (+18%) 15mo $223,000 $236 19
2255 Del Cristal 1.00mi 2/2.0 (+1) 945 (+18%) 18mo $215,000 $228 16
2290 Felipe Dr 0.85mi 2/2.0 (+1) 920 (+15%) 27mo $215,000 $234 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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-23.8%
Equity multiple
0.21×
Total profit
$-24,397
Equity at exit
$16,401
10-year hold
IRR
-30.1%
Equity multiple
-0.18×
Total profit
$-36,336
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 86442

Home prices YoY
-27.0%
Rents YoY
-0.9%
Active inventory
1236
Price-to-rent
10.4×

Monthly cashflow live

Estimated rent
$883 medium 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
−$185
Net cashflow
$-63

Break-even live

Break-even rent $962
Max offer price $100,917
Occupancy floor —

Sensitivity live

Price -10% $13 -5% $-25 +0% $-63 +5% $-101 +10% $-139
Rent -10% $-133 -5% $-98 +0% $-63 +5% $-28 +10% $7
Rate -1.0pp $-7 -0.5pp $-35 base $-63 +0.5pp $-91 +1.0pp $-120

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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2350 Adobe Rd Unit 29 Bullhead City, AZ 2.0 2.0 1097 $1,350 $1.23 0d 1 0.34mi

Property features AI

Finance

Financial info
Land is leased

Exterior

Parking
No dedicated parking
Utilities
Public waterPublic sewerElectricity availableNatural gas available
Home design
Manufactured home (double wide)Residential propertyShingle roofVertical siding construction
Construction
Vertical sidingShingle roof
Exterior features
Fenced front and back yard (wood fence)Heated poolLevel lotPrivate maintained roadWater-smart landscaping

Interior

Flooring
Laminate flooring
Bathrooms
1 full bathroom
Heating & cooling
Central heating (natural gas)Central airCeiling fansElectric cooling
Interior features
Vaulted ceilingsBreakfast barCeiling fansWalk-in closet(s)FurnishedGas water heaterWater softener (owned)
Laundry & utility
Inside laundryGas dryer hookup

Listing history 50 events

  1. 2026-11-08
    days on market $110,000 Active 45 DOM
  2. 2026-11-07
    days on market $110,000 Active 44 DOM
  3. 2026-11-06
    days on market $110,000 Active 43 DOM
  4. 2026-11-05
    days on market $110,000 Active 42 DOM
  5. 2026-11-04
    days on market $110,000 Active 41 DOM
  6. 2026-11-02
    days on market $110,000 Active 39 DOM
  7. 2026-11-01
    days on market $110,000 Active 38 DOM
  8. 2026-10-31
    days on market $110,000 Active 37 DOM
  9. 2026-10-30
    days on market $110,000 Active 36 DOM
  10. 2026-10-29
    days on market $110,000 Active 35 DOM
  11. 2026-10-28
    days on market $110,000 Active 34 DOM
  12. 2026-10-27
    statusdays on market $110,000 Active 33 DOM
  13. 2026-10-13
    status $110,000 Pending 32 DOM
  14. 2026-10-13
    days on market $110,000 Active 32 DOM
  15. 2026-10-12
    days on market $110,000 Active 31 DOM
  16. 2026-10-11
    days on market $110,000 Active 30 DOM
  17. 2026-10-10
    days on market $110,000 Active 29 DOM
  18. 2026-10-09
    days on market $110,000 Active 28 DOM
  19. 2026-10-08
    days on market $110,000 Active 27 DOM
  20. 2026-10-07
    days on market $110,000 Active 26 DOM
  21. 2026-10-06
    days on market $110,000 Active 25 DOM
  22. 2026-10-05
    days on market $110,000 Active 24 DOM
  23. 2026-10-04
    days on market $110,000 Active 23 DOM
  24. 2026-10-03
    days on market $110,000 Active 22 DOM
  25. 2026-10-02
    days on market $110,000 Active 21 DOM
  26. 2026-10-01
    days on market $110,000 Active 20 DOM
  27. 2026-09-30
    days on market $110,000 Active 19 DOM
  28. 2026-09-29
    days on market $110,000 Active 18 DOM
  29. 2026-09-28
    days on market $110,000 Active 17 DOM
  30. 2026-09-27
    days on market $110,000 Active 16 DOM
  31. 2026-09-26
    days on market $110,000 Active 15 DOM
  32. 2026-09-25
    days on market $110,000 Active 14 DOM
  33. 2026-09-24
    status $110,000 Active 13 DOM
    Show marketing remark (1786 chars)

    FURNISHED & MOVE-IN READY - 1 BED 1 BATH STUNNING HOME IN THE RESERVE - JUST MINUTES FROM LAUGHLIN NV - A lot of people claim their home is move-in ready, but this one ACTUALLY is!! Just pack a bag! Welcome home to this adorable, well-cared-for and UPDATED property! Seller has spared no expense creating this spotless space. True pride of ownership shines through the moment you step inside. Fencing has been added to both the front and back yards so it is pet-ready & secure. Custom awning in the backyard opens to let light in or be completely covered. Fully landscaped and always maintained. Heading inside, you will notice the interior design work is flawless - and the furnishings are all included for your convenience and benefit. (Including a QUALITY leather couch and loveseat, which converts to a queen bed for guests!) Air conditioner is just 5 years old and works great. * RO system & water softener included! * Whether this is your full time residence or snowbird haven, lot 16 is sure to meet your every need. The layout has been well thought out and every room feels spacious. Owner has updated to stone countertops and replaced all kitchen appliances, as well as added modern cabinet hardware and window treatments. All new light/ceiling fixtures throughout!! On-site storage shed is included as well as covered parking. Community amenities include 2 heated pools, new pickleball addition, a clubhouse, and more PLUS a calendar packed with things for you to do! Must see this one in person to really experience what is has to offer. Motivated seller hopes you see this listing and fall in LOVE! Call your agent to walk the property and get a feel for your new life here in the Reserve at Fox Creek. Space rent is $746 per month & includes trash.

  34. 2026-09-21
    statusdays on market $110,000 Pending 13 DOM
  35. 2026-09-20
    days on market $110,000 Active 12 DOM
  36. 2026-09-18
    days on market $110,000 Active 10 DOM
    Show marketing remark (1786 chars)

    FURNISHED & MOVE-IN READY - 1 BED 1 BATH STUNNING HOME IN THE RESERVE - JUST MINUTES FROM LAUGHLIN NV - A lot of people claim their home is move-in ready, but this one ACTUALLY is!! Just pack a bag! Welcome home to this adorable, well-cared-for and UPDATED property! Seller has spared no expense creating this spotless space. True pride of ownership shines through the moment you step inside. Fencing has been added to both the front and back yards so it is pet-ready & secure. Custom awning in the backyard opens to let light in or be completely covered. Fully landscaped and always maintained. Heading inside, you will notice the interior design work is flawless - and the furnishings are all included for your convenience and benefit. (Including a QUALITY leather couch and loveseat, which converts to a queen bed for guests!) Air conditioner is just 5 years old and works great. * RO system & water softener included! * Whether this is your full time residence or snowbird haven, lot 16 is sure to meet your every need. The layout has been well thought out and every room feels spacious. Owner has updated to stone countertops and replaced all kitchen appliances, as well as added modern cabinet hardware and window treatments. All new light/ceiling fixtures throughout!! On-site storage shed is included as well as covered parking. Community amenities include 2 heated pools, new pickleball addition, a clubhouse, and more PLUS a calendar packed with things for you to do! Must see this one in person to really experience what is has to offer. Motivated seller hopes you see this listing and fall in LOVE! Call your agent to walk the property and get a feel for your new life here in the Reserve at Fox Creek. Space rent is $746 per month & includes trash.

  37. 2026-09-17
    days on market $110,000 Active 9 DOM
  38. 2026-09-16
    days on market $110,000 Active 8 DOM
  39. 2026-09-15
    days on market $110,000 Active 7 DOM
  40. 2026-09-14
    days on market $110,000 Active 6 DOM
  41. 2026-09-13
    days on market $110,000 Active 5 DOM
  42. 2026-09-12
    days on market $110,000 Active 4 DOM
  43. 2026-09-11
    days on marketlisting id $110,000 Active 3 DOM
  44. 2026-09-05
    pricedays on marketlisting id $110,000 Active 1 DOM
  45. 2026-09-03
    days on market $114,500 Active 125 DOM
  46. 2026-08-31
    days on market $114,500 Active 122 DOM
  47. 2026-08-30
    days on market $114,500 Active 121 DOM
  48. 2026-08-29
    days on market $114,500 Active 120 DOM
  49. 2026-08-28
    days on market $114,500 Active 119 DOM
  50. 2026-08-27
    days on market $114,500 Active 118 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 2/10 Low
  • 🌡 Heat 9/10 Extreme 5 d/yr ≥114°F today · 11 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
$10,594
− Mortgage interest
−$6,162
− Property taxes
−$1,650
− Insurance
−$550
− Repairs & maintenance
−$847
− Management
−$847
− Depreciation
−$3,200
Taxable loss
−$2,663
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$639
After-tax cash flow
$-114/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

Good 80/100 Cosmetic rehab Est. rehab $4,000–$12,000 screening

This move-in ready manufactured home offers a good condition with updated interiors and a well-maintained exterior. Minor landscaping and exterior paint touch-ups would further enhance its value.

Value-add opportunities

  • Both landscaping improvements — enhances curb appeal and adds value ↑
  • Both exterior paint touch-up — refreshes the home's appearance ↑
  • Both new outdoor furniture — improves outdoor living space and adds value ↑

ⓘ 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 19/100

Zoned Schools

Elementary Diamondback Elementary School F AZ #645/1,109 Nat'l #30,133/41,679 Middle Fox Creek Jr High School F AZ #160/218 Nat'l #12,767/14,009 High Mohave High School F AZ #245/381 Nat'l #14,801/17,239

Schools (NCES district)

District
Bullhead City School District (4378)
NCES district ID
0401500
Math proficiency
16% ▼ -11.00%
Reading proficiency
22% ▼ -6.00%
Median HH income
$37,109
Composite
15.83/100
National rank
#9263
State rank
#189 of 249 in AZ
C Composite livability gradescore 64/100

Livability — Bullhead City

Score
64/100
State rank
#103
US rank
#14458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bullhead City, AZ
County
Mohave County · 209,184 people
City population
43,354
Metro
Lake Havasu City-Kingman, AZ
Population (ZIP)
34,735
Household income
$48,081
Rent vs Own
30.1% rent · 69.9% own
Severe rent burden
13% 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 (68%)
Race & ethnicity
White 68% Hispanic / Latino 22% Two or more races 12% Black 2% Asian 2%
Hispanic origin (detail)
Mexican 19%
Languages at home
87% English-only · Spanish 11%

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

+103.7% since first listed
16 events — show timeline
  • 2026-09-24 Relisted — WARDEX
  • 2026-09-24 Relisted — LHAR
  • 2026-09-21 Pending — LHAR
  • 2026-09-18 Pending — WARDEX
  • 2026-09-07 Listed $110,000 LHAR
  • 2026-09-04 Listed $110,000 WARDEX
  • 2026-07-15 Price Changed $114,500 WARDEX
  • 2026-06-02 Price Changed $119,000 WARDEX
  • 2026-04-30 Listed $120,000 WARDEX
  • 2024-09-05 Sold (MLS) $89,500 WARDEX
  • 2024-08-14 Pending — WARDEX
  • 2024-06-20 Listed $99,000 WARDEX
  • 2024-01-18 Listed $99,000 WARDEX
  • 2021-08-30 Sold (MLS) $55,900 WARDEX
  • 2021-05-30 Listed $59,900 WARDEX
  • 2020-01-04 Listed $54,000 WARDEX

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…