2100 N Trekell Rd #130 · Casa Grande, AZ 85122

$40,000

2 bd · 1.5 ba · 720 sqft · Manufactured · 92 Days on market

Built 1973 Fair condition Est $35k · 16% over ↓ 11% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.7/5.0
• Livability +2.9/5.0
• Condition / age +2.2/5.0
• Schools +1.5/10.0
• ARV discount +0.4/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss this lovely home in the beautiful 55+ community of Casa Verde Estates. This home features 2 nicely sized bedrooms, 1.5 bathrooms, newer carpet, brightened with crisp white paint. It's ready for your personal touches. Outside is a large carport, ready for you to enjoy the amenities in the park, and Arizona winters.

Key facts

• Updated flooring
• New shed
• Parking

Tags

• UPDATED FLOORING
• NEW SHED

Property features AI

Finance

• Other: Road maintenance may be private, county, or city with maintenance agreement
• HOA & community: No association fees; Land lease: $554 monthly; Community pool; Pickleball courts; Community laundry

Exterior

• Parking: 1 covered space; 1 carport space
• Security: Gated community
• Utilities: Public sewer; Private water company
• Home design: Manufactured/Mobile home; Leasehold
• Construction: Wood frame construction; Painted exterior; Foam roof; Building area per builder
• Exterior features: Gravel/stone front; Gravel/stone back; No fencing

Interior

• Kitchen: Eat-in kitchen; Refrigerator
• Bedrooms: 2 possible bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Eat-in kitchen; Refrigerator included
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $40k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $887 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $40k).
• Recommended offer: $36k (9.0% below list) — sets the bar for market timing.
• Cap rate 32.9% vs local median 4.1% in Casa Grande — 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 58/100 on livability (#220 in AZ) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, employment D+, schools F.
• Casa Grande Union High School District (4453) (suburban): math 14% / reading 21% proficiency, ranked #193 of 249 in AZ (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+4.6%/yr); 628 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $277 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.6% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($36k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y 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

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 6→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $36,400 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% 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. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 3.68% ✓
• Cap rate: 32.91%
• Cash-on-cash: 95.06%
• DSCR: 5.23
• GRM: 2.3

CMA / ARV

• ARV (on-the-fly): $34,560
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2100 N Trekell Rd #16	0.00mi	2/1.0	720 (0%)	3mo	$20,000	$28	96
2100 N Trekell Rd #120	0.00mi	2/1.0	720 (0%)	4mo	$39,500	$55	95
2100 N Trekell Rd #173	0.00mi	1/1.0 (-1)	728 (+1%)	11mo	$35,000	$48	82
2100 N Trekell Rd #333	0.00mi	1/1.0 (-1)	778 (+8%)	3mo	$25,000	$32	77
2100 N Trekell Rd #318	0.00mi	1/1.0 (-1)	728 (+1%)	21mo	$54,900	$75	73

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 · 4.6% rent growth · sell at horizon

5-year hold

• IRR: 97.8%
• Equity multiple: 5.68×
• Total profit: $52,458
• Equity at exit: $5,964

10-year hold

• IRR: —
• Equity multiple: 12.50×
• Total profit: $128,747
• Equity at exit: $3,458

Cash invested: $11,200 (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 85122

• Home prices YoY: -22.4%
• Rents YoY: 4.6%
• Active inventory: 628
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,473 high
• Mortgage (P&I): −$210
• Tax est. 1.5%: −$50 /mo · $600/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $887

Break-even live

Break-even rent $350

Max offer price $40,000

Occupancy floor 35%

Sensitivity live

Price	-10% $915	-5% $901	+0% $887	+5% $873	+10% $860
Rent	-10% $771	-5% $829	+0% $887	+5% $945	+10% $1,004
Rate	-1.0pp $907	-0.5pp $897	base $887	+0.5pp $877	+1.0pp $866

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2060 N Trekell Rd Casa Grande, AZ	2.0	1.0–2.0	670	$1,300	$1.94	24d	4	0.26mi
1936 N Trekell Rd Casa Grande, AZ	1.0–4.0	1.0–2.0	1033	$1,492	$1.44	2d	29	0.50mi
700 E Rodeo Rd Casa Grande, AZ	2.0	1.0–2.0	828	$1,436	$1.73	3d	25	0.89mi
1650 N Kadota Ave Casa Grande, AZ	1.0–2.0	1.0–2.0	612	$1,170	$1.91	1d	5	1.24mi
1620 N Trekell Rd Casa Grande, AZ	1.0–3.0	1.0–2.5	1090	$2,165	$1.99	1d	1	1.28mi
1641 N Kadota Ave Casa Grande, AZ	1.0–2.0	1.0–2.0	750	$1,100	$1.47	1d	3	1.39mi
1450 E Cottonwood Ln Casa Grande, AZ	1.0–2.0	1.0–2.0	821	$1,995	$2.43	2d	18	1.40mi

Listing history 27 events

1. 2026-06-18
   days on market $40,000 Active 92 DOM
2. 2026-06-17
   days on market $40,000 Active 91 DOM
3. 2026-06-16
   days on market $40,000 Active 90 DOM
4. 2026-06-15
   days on market $40,000 Active 89 DOM
5. 2026-06-13
   days on market $40,000 Active 87 DOM
6. 2026-06-13
   days on market $40,000 Active 86 DOM
7. 2026-06-09
   days on market $40,000 Active 83 DOM
8. 2026-06-08
   days on market $40,000 Active 82 DOM
9. 2026-06-07
   days on market $40,000 Active 81 DOM
10. 2026-06-04
    days on market $40,000 Active 78 DOM
11. 2026-06-03
    days on market $40,000 Active 77 DOM
12. 2026-06-02
    days on market $40,000 Active 76 DOM
13. 2026-06-01
    days on market $40,000 Active 75 DOM
14. 2026-05-31
    days on market $40,000 Active 74 DOM
15. 2026-03-18
    listed $40,000 Active
16. 2025-10-17
    status Active
17. 2025-09-12
    status Active
18. 2025-09-05
    status Pending
19. 2025-09-05
    historical
20. 2025-09-05
    historical
21. 2025-04-25
    listed $49,000 Active
22. 2022-11-29
    soldstatus $44,000 Closed 326-char remark

    Show marketing remark (326 chars)

    Don't miss this lovely home in the beautiful 55+ community of Casa Verde Estates. This home features 2 nicely sized bedrooms, 1.5 bathrooms, newer carpet, brightened with crisp white paint. It's ready for your personal touches. Outside is a large carport, ready for you to enjoy the amenities in the park, and Arizona winters.

23. 2022-11-15
    status Pending 326-char remark

    Show marketing remark (326 chars)

    Don't miss this lovely home in the beautiful 55+ community of Casa Verde Estates. This home features 2 nicely sized bedrooms, 1.5 bathrooms, newer carpet, brightened with crisp white paint. It's ready for your personal touches. Outside is a large carport, ready for you to enjoy the amenities in the park, and Arizona winters.

24. 2022-09-28
    listed $47,500 Active 326-char remark

    Show marketing remark (326 chars)

    Don't miss this lovely home in the beautiful 55+ community of Casa Verde Estates. This home features 2 nicely sized bedrooms, 1.5 bathrooms, newer carpet, brightened with crisp white paint. It's ready for your personal touches. Outside is a large carport, ready for you to enjoy the amenities in the park, and Arizona winters.

25. 2022-09-15
    soldstatus $42,000 Closed
26. 2022-08-29
    status Pending
27. 2022-08-08
    listed $45,000 Active

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 Extreme 6 d/yr ≥113°F today · 14 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: $17,676
• − Mortgage interest: −$2,241
• − Property taxes: −$600
• − Insurance: −$200
• − Repairs & maintenance: −$1,414
• − Management: −$1,414
• − Depreciation: −$1,164
• Taxable income: $10,643
• Est. tax owed @ 24.0%: −$2,554
• After-tax cash flow: $8,092/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

This 2-bedroom, 1.5-bathroom mobile home requires moderate renovations to update the kitchen and bathrooms, and freshen the interior. The home is move-in ready with a good roof and foundation.

Repairs flagged

• Moderate kitchen cabinets — dated and in need of replacement
• Moderate bathroom fixtures — dated and in need of replacement
• Minor flooring — tile in kitchen could be replaced

Value-add opportunities

• Resale update kitchen cabinets and fixtures — modernizing the kitchen would appeal to buyers
• Resale paint interior walls — fresh paint would improve the home's appearance
• Resale replace bathroom fixtures — newer fixtures would enhance the bathroom's appeal

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated and in need of replacement	Moderate	$3,000–15,000
bathroom fixtures · dated and in need of replacement	Moderate	$3,000–15,000
flooring · tile in kitchen could be replaced	Minor	$500–3,000
Total estimated repair cost · 3 items		$6,500–33,000

Value-add ROI direction

• Resale update kitchen cabinets and fixtures — modernizing the kitchen would appeal to buyers ↑
• Resale paint interior walls — fresh paint would improve the home's appearance ↑
• Resale replace bathroom fixtures — newer fixtures would enhance the bathroom's appeal ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Casa Grande Union High School District (4453)
• NCES district ID: 0401740
• Math proficiency: 14% ▼ -15.00%
• Reading proficiency: 21% ▼ -10.00%
• Median HH income: $45,373
• Composite: 15.38/100
• National rank: #9319
• State rank: #193 of 249 in AZ

Livability — Casa Grande

• Score: 58/100
• State rank: #220
• US rank: #21534

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Casa Grande, AZ
• County: Pinal County · 399,947 people
• City population: 69,701
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 61,624
• Household income: $68,443
• Rent vs Own: 28.6% rent · 71.4% own
• Severe rent burden: 1250.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: Hispanic / Latino 44% White 42% Two or more races 21% Black 4% Native American 4% Asian 1%
• Hispanic origin (detail): Mexican 40%
• Common ancestry: Lithuanian 1% Slovak 1% Portuguese 1%
• Foreign-born: 12% · Canada
• Languages at home: 75% English-only · Spanish 23% Tagalog/Filipino 1% Other Indo-European 1%

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: —

Market trends

• HPI YoY: ▼ -67.32%
• Current HPI: 233.148
• Rent YoY: ▲ 4.60%
• Metro: Phoenix-Mesa-Chandler, 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

-11.1% since first listed

13 events — show timeline

• 2026-03-18 Listed $40,000 ARMLS
• 2025-10-17 Relisted — ARMLS
• 2025-09-12 Relisted — ARMLS
• 2025-09-05 Pending — ARMLS
• 2025-09-05 Listing Removed — ARMLS
• 2025-09-05 Listing Removed — ARMLS
• 2025-04-25 Listed $49,000 ARMLS
• 2022-11-29 Sold (MLS) $44,000 ARMLS
• 2022-11-15 Pending — ARMLS
• 2022-09-28 Listed $47,500 ARMLS
• 2022-09-15 Sold (MLS) $42,000 ARMLS
• 2022-08-29 Pending — ARMLS
• 2022-08-08 Listed $45,000 ARMLS