11418 E 36 St · Fortuna Foothills, AZ 85367

$149,900

2 bd · 1.0 ba · 715 sqft · Manufactured public records · 29 Days on market

Built 1983 7,672 sqft lot Est $142k · 6% over $33/mo HOA · 3% of rent

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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).

• Cash flow +17.1/30.0
• DSCR +5.3/10.0
• ARV discount +4.9/15.0
• 1% rule +3.8/10.0
• Rent growth +3.6/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this charming and affordable home located in the desirable Yuma East 55+ community! Situated on a spacious 7,672 sq ft lot, this 2 bedroom, 1 bathroom home offers comfortable living with plenty of potential to make it your own. Inside, you’ll find an efficient layout with approximately 784 sq ft of living space, perfect for seasonal living, a full-time residence, or an investment opportunity. With a fully handicap accessible bathroom along with the tasteful color scheme inside the house, this property is one that anyone would be proud to call home. Enjoy the peaceful Foothills lifestyle on a huge back yard patio that includes a fire pit, gazebo and plenty of room to grill o

Key facts

• Gazebo
• Access to shopping
• Fire pit

Tags

• HANDICAP ACCESSIBLE BATHROOM
• HUGE BACK YARD PATIO
• FIRE PIT
• GAZEBO
• WALKING DISTANCE TO CLUBHOUSE
• ACCESS TO SHOPPING

Property features AI

Finance

• HOA & community: Homeowners association with a $33 association fee; Subdivision: Yuma East (55+)

Exterior

• Parking: One parking space (covered); Attached garage; Attached carport with one carport space; Open parking with RV access/parking
• Utilities: Public water
• Home design: Manufactured home (mobile home/manufactured); Residential property; Located in a senior (55+) community
• Construction: Workshop and shed (other structures)
• Exterior features: RV hookup; Patio (covered); Sliding doors; Paved road access

Interior

• Kitchen: Refrigerator; Microwave; Dishwasher; Cooktop
• Flooring: Wood flooring
• Bathrooms: One three-quarter bathroom
• Heating & cooling: Has heating; Has cooling
• Interior features: Blinds and drapes; Smoke detector(s)
• Laundry & utility: Washer; Dryer; Workshop and shed on the property

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $104 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $131k (12.4% below list).
• Recommended offer: $131k (12.4% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 4.2% in Fortuna Foothills — 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 60/100 on livability (#174 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, schools F, crime F.
• Yuma Union High School District (4507) (urban): math 14% / reading 16% proficiency, ranked #212 of 249 in AZ (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+4.5%/yr); 413 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 1,399 units permitted in Yuma County in 2024 (180 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Yuma County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $71k; list at $150k implies a 111% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 5→13/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,383 (12.4% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is F 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?
5. 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?
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: 0.88% ✗
• Cap rate: 7.13%
• Cash-on-cash: 2.98%
• DSCR: 1.13
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $141,570
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11394 E 36 St	0.03mi	2/1.5	804 (+12%)	0mo	$145,000	$180	76
11295 E 38 Pl	0.36mi	1/1.0 (-1)	715 (0%)	4mo	$153,000	$214	75
11438 E 37 Ln	0.20mi	2/1.0	744 (+4%)	19mo	$147,000	$198	68
11240 E 34 Pl	0.27mi	1/1.0 (-1)	660 (-8%)	3mo	$110,000	$167	68
11392 E 38 Ln	0.35mi	2/1.0	715 (0%)	21mo	$125,000	$175	67
12184 E 36 Way	0.72mi	2/2.0	780 (+9%)	2mo	$185,000	$237	46

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 · 4.46% rent growth · sell at horizon

5-year hold

• IRR: -10.2%
• Equity multiple: 0.62×
• Total profit: $-15,744
• Equity at exit: $22,351

10-year hold

• IRR: 0.9%
• Equity multiple: 1.07×
• Total profit: $2,931
• Equity at exit: $12,961

Cash invested: $41,972 (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.

Methodology + full state rankings →

ZIP-level market 85367

• Home prices YoY: -26.2%
• Rents YoY: 4.5%
• Active inventory: 413
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,314 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$52 /mo · $627/yr
• Insurance: −$62
• HOA: −$33
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $104

Break-even live

Break-even rent $1,182

Max offer price $149,900

Occupancy floor 87%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11436 S Clara Anita Dr Yuma, AZ	1.0	1.0	407	$975	$2.40	13d	1	0.78mi
12338 E 34th Pl Yuma, AZ	1.0	1.0	396	$1,500	$3.79	13d	1	0.90mi
10311 E 30th Pl Yuma, AZ	1.0	1.0	385	$1,100	$2.86	13d	1	1.33mi
10349 E 28th Ln Yuma, AZ	1.0	1.0	430	$950	$2.21	13d	1	1.41mi

HOA detail

• Monthly dues: $33 · $396/yr

Listing history 21 events

1. 2026-06-19
   days on market $149,900 Active 29 DOM
2. 2026-06-18
   days on market $149,900 Active 28 DOM
3. 2026-06-17
   days on market $149,900 Active 27 DOM
4. 2026-06-16
   days on market $149,900 Active 26 DOM
5. 2026-06-15
   days on market $149,900 Active 25 DOM
6. 2026-06-14
   days on market $149,900 Active 23 DOM
7. 2026-06-13
   days on market $149,900 Active 22 DOM
8. 2026-06-10
   days on market $149,900 Active 20 DOM
9. 2026-06-09
   days on market $149,900 Active 19 DOM
10. 2026-06-08
    days on market $149,900 Active 18 DOM
11. 2026-06-07
    days on market $149,900 Active 17 DOM
12. 2026-06-05
    days on market $149,900 Active 14 DOM
13. 2026-06-02
    days on market $149,900 Active 12 DOM
14. 2026-06-01
    days on market $149,900 Active 11 DOM
15. 2026-05-31
    days on market $149,900 Active 10 DOM
16. 2026-05-30
    days on market $149,900 Active 9 DOM
17. 2026-05-21
    listed $149,900 Active
18. 2011-03-28
    soldstatus $71,000
19. 2003-01-08
    soldstatus $54,500
20. 1992-05-20
    soldstatus $39,000
21. 1992-04-01
    soldstatus $39,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AZ · Resets to sale price

• Current annual tax: $627 · $52/mo
• Projected year-2 tax: $989 · $82/mo
• Expected delta: +$362/yr (+$30/mo · 57.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 5 d/yr ≥114°F today · 13 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

Taxation est. · year 1

• Rental income: $15,766
• − Mortgage interest: −$8,397
• − Property taxes: −$627
• − Insurance: −$750
• − Repairs & maintenance: −$1,261
• − Management: −$1,261
• − HOA: −$396
• − Depreciation: −$4,361
• Taxable loss: −$1,287
• Est. tax savings @ 24.0%: +$309
• After-tax cash flow: $1,558/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.

Schools (NCES district)

• District: Yuma Union High School District (4507)
• NCES district ID: 0409630
• Math proficiency: 14% ▼ -12.00%
• Reading proficiency: 16% ▼ -10.00%
• Median HH income: $40,512
• Composite: 12.86/100
• National rank: #9592
• State rank: #212 of 249 in AZ

Livability — Fortuna Foothills

• Score: 60/100
• State rank: #174
• US rank: #18663

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fortuna Foothills, AZ
• County: Yuma County · 149,809 people
• City population: 21,356
• Metro: Yuma, AZ
• Population (ZIP): 22,074
• Household income: $58,469
• Rent vs Own: 16.8% rent · 83.2% own
• Severe rent burden: 408.0

Population outlook (Yuma County) Hauer SSP2

• Today (2025): 211,633 people
• By 2030: 214,114 · +1.2%
• By 2040: 217,856 · +2.9%
• By 2050: 220,276 · +4.1%
• By 2075: 222,359 · +5.1%
• By 2100: 198,880 · -6.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 22% Two or more races 11% Black 3%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Portuguese 4% Lithuanian 2% Italian 2%
• Foreign-born: 10% · Canada
• Languages at home: 81% English-only · Spanish 16% French/Haitian/Cajun 1% German/W. Germanic 1%

Political lean MEDSL · Yuma

• 2024 margin: Strong R (+20.4) · D 39.3% · R 59.8%
• 2008→2024 swing: -6.6pp toward R · 2008: -13.8pp · 2024: -20.4pp
• All cycles: 2024: R+20.4 2020: R+6.2 2016: R+5.5 2012: R+16.1 2008: R+13.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -80.81%
• Current HPI: 227.2692
• Rent YoY: ▲ 4.46%
• Metro: Yuma, 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
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

+284.4% since first listed

5 events — show timeline

• 2026-05-21 Listed $149,900 YAR
• 2011-03-28 Sold (Public Records) $71,000 Public Records
• 2003-01-08 Sold (Public Records) $54,500 Public Records
• 1992-05-20 Sold (Public Records) $39,000 Public Records
• 1992-04-01 Sold (Public Records) $39,000 Public Records

Property tax history

+0.1%/yr

Latest (2025): $627 · +2.0% YoY. Source: county tax records.