CashFlowRE
Sign in Sign up
1302 W Ajo Way #153 🏷️ Likely Rental
D Composite 43.78
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 +7.5/30.0
  • 1% rule +7.3/10.0
  • Condition / age +4.8/5.0
  • Livability +3.7/5.0
  • Rent growth +2.6/5.0
  • DSCR +2.5/10.0
  • Appreciation +2.5/10.0
  • Schools +1.8/10.0
  • Manufactured-home adj. -3.8

$60,000

1302 W Ajo Way #153 · Tucson, AZ 85713
2 bd · 2.0 ba · 960 sqft · Manufactured · 489 Days on market
Manufactured home 55+ age-restricted Built 2025 Excellent condition $62/sqft · 37% below area Est $96k · 37% under $675/mo HOA · 77% of rent ↓ 20% since listing

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

Listing remarks MLS

* ALSO AVAILABLE FOR RENT: $1,400/MO * Beautifully fully renovated 2 Bed 2 Bath home in Desert Pueblo Estates, a 55+ Community! This home is brand new inside with top of the line fixtures. Brand new appliances, new flooring and carpet, new toilets, a large patio and covered parking, and more! Located in a quiet portion of the park near the second clubhouse, this home gives you easy access to community amenities such as a pool and spa, gym, billiards room, and garden! This one won't last, schedule your tour today! If you are over the age of 40, please reach out for more information.

Key facts

  • Fully renovated
  • Covered parking
  • Community amenities

Tags

FULLY RENOVATEDNEW APPLIANCESNEW FLOORINGLARGE PATIOCOVERED PARKINGCOMMUNITY AMENITIES

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 $60,000 price doesn't fit this home's estimated sale value (~$95,550) 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/2.0-bath manufactured listed at $60k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-398 ($-5k/yr) — negative.
  • To cash-flow at today's rent, offer at most $2k (95.9% below list).
  • Meets the 1% rule at list price ($876 rent vs $60k).
  • Recommended offer: $2k (95.9% below list) — sets the bar for cash-flow.
  • Cap rate -1.7% vs local median 3.8% in Tucson — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 74/100 on livability (#17 in AZ, #4,502 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety C-, crime F, employment D-.
  • Tucson Unified District (4403) (urban): math 14% / reading 23% proficiency, ranked #190 of 249 in AZ (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Gale Elementary School (math 32% / reading 42%, grade F, #438 of 1,109 statewide, top 41%, 335 students, 54% FRL); Valencia Middle School (math 3% / reading 11%, grade F, #210 of 218 statewide, top 97%, 722 students, 79% FRL); Cholla High School (math 2% / reading 17%, grade F, #343 of 381 statewide, top 93%, 1,760 students, 62% FRL).
  • Market conditions: Rents flat; 420 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 30d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 5,268 units permitted in Pima County in 2024 (996 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $415 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Pima County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 489 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 77% of rent.
  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $2,457 (95.9% 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 489 days. Have you received any prior offers? Is the seller open to a 96% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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 D-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 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
1.46% ✓
Cap rate
-1.66%
Cash-on-cash
-28.40%
DSCR
-0.26
GRM
5.7

CMA / ARV

ARV (median comp)
$95,550
List price
$60,000
Delta
-37.21%
Verdict
UNDERPRICED
Comps
2 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1120 W District St 0.36mi 3/2.0 (+1) 1,030 (+7%) 4mo $155,000 $150 63
113 E President St 1.49mi 2/1.0 947 (-1%) 1mo $105,000 $111 58
909 W Ohio St 0.88mi 3/2.0 (+1) 976 (+2%) 1mo $245,000 $251 56
1803 W 36th St 1.14mi 2/2.0 1,020 (+6%) 4mo $205,000 $201 51
364 W Columbia St 1.11mi 2/1.0 900 (-6%) 1mo $210,000 $233 50
841 W Missouri St 0.97mi 3/1.0 (+1) 932 (-3%) 2mo $235,000 $252 49
1824 W Caravelle Rd 1.15mi 2/2.0 1,049 (+9%) 5mo $214,900 $205 45
1846 W Caravelle Rd 1.19mi 2/2.0 1,050 (+9%) 5mo $225,000 $214 45
2071 W Merlin Rd 1.37mi 3/2.0 (+1) 1,066 (+11%) 2mo $249,900 $234 40
1841 W Caravelle Rd 1.16mi 2/1.0 840 (-12%) 2mo $187,700 $223 39
1831 W Dominy Rd 1.09mi 2/2.0 1,166 (+22%) 2mo $136,000 $117 38
328 W 38th St 1.33mi 1/1.0 (-1) 810 (-16%) 5mo $195,000 $241 27

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 · 0.21% rent growth · sell at horizon

5-year hold
IRR
-96.7%
Equity multiple
-1.20×
Total profit
$-37,015
Equity at exit
$8,946
10-year hold
IRR
—
Equity multiple
-3.31×
Total profit
$-72,390
Equity at exit
$5,188

Cash invested: $16,800 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
9 active · 1 under contract
Months of supply
54.0 mo (2%/mo absorbed)
Median asking
$89,000 ($80/sqft)
Median days on market
144 d
This list price
lowest-priced of the active set
ARV vs active asking
+24.0% above current asking $/sqft

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

ZIP-level market 85713

Home prices YoY
-24.5%
Rents YoY
0.2%
Active inventory
420
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$876 high interval (Pro) →
Mortgage (P&I)
−$315
Tax est. 1.5%
−$75 /mo · $900/yr
Insurance
−$25
HOA
−$675
Lot rent leased land?
−$0
Vacancy / Maint / Mgmt
−$184
Net cashflow
$-398

Break-even live

Break-even rent $1,379
Max offer price $2,457
Occupancy floor —

Sensitivity live

Price -10% $-356 -5% $-377 +0% $-398 +5% $-418 +10% $-439
Rent -10% $-467 -5% $-432 +0% $-398 +5% $-363 +10% $-328
Rate -1.0pp $-367 -0.5pp $-382 base $-398 +0.5pp $-413 +1.0pp $-429

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
$15,000
Closing costs
$1,800
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1310 W Ajo Way Tucson, AZ 2.0 1.0 646 $795 $1.23 7d 2 0.06mi
1502 W Ajo Way Tucson, AZ 1.0–2.0 1.0 713 $850 $1.19 9d 6 0.27mi
851 W Ajo Way Tucson, AZ 2.0 1.0 639 $800 $1.25 10d 1 0.57mi
3601 S 16th Ave Tucson, AZ 2.0 1.0 702 $1,025 $1.46 10d 1 0.65mi
3311 S Placita Saltillo Tucson, AZ 2.0 2.0 948 $1,295 $1.37 108d 1 0.68mi
3619 S 14th Ave Tucson, AZ 2.0 1.0 869 $1,375 $1.58 131d 1 0.74mi
3528 S Mission Rd #2 Tucson, AZ 3.0 2.0 1125 $1,600 $1.42 127d 1 0.89mi
3528 S Mission Rd #2 Tucson, AZ 3.0 2.0 1125 $1,600 $1.42 1d 1 0.89mi
2800 S Mission Rd Tucson, AZ 3.0 1.0–2.0 663 $1,355 $2.04 0d 18 0.92mi
673 W 41st St #1 Tucson, AZ 2.0 1.0 700 $1,000 $1.43 164d 1 0.93mi
673 W 41st St Tucson, AZ 2.0 1.0 700 $900 $1.29 133d 1 0.93mi
501 W President St Tucson, AZ 3.0 1.0 970 $1,399 $1.44 28d 1 0.94mi
3511 S 12th Ave Apt 1102 Tucson, AZ 2.0 1.0 752 $1,050 $1.40 10d 1 0.94mi
3511 S 12th Ave Apt 1202 Tucson, AZ 2.0 1.0 752 $875 $1.16 10d 1 0.94mi
3511 S 12th Ave Unit 12th3511-1201 Tucson, AZ 2.0 1.0 752 $1,200 $1.60 55d 1 0.94mi
3511 S 12th Ave Apt 1202 Tucson, AZ 2.0 1.0 752 $875 $1.16 13d 1 0.94mi
3511 S 12th Ave Unit 1101 Tucson, AZ 2.0 1.0 752 $950 $1.26 10d 1 0.94mi
3619 S Clark Ave Unit 1 Tucson, AZ 2.0 1.0 600 $1,100 $1.83 112d 1 0.97mi
3480 S Clark Ave Unit 1 Tucson, AZ 2.0 1.0 900 $1,099 $1.22 108d 1 0.97mi
3621 S Clark Ave Tucson, AZ 2.0 1.0 600 $1,195 $1.99 127d 1 0.97mi
3420 S Clark Ave Tucson, AZ 3.0 2.0 1100 $1,395 $1.27 55d 1 1.00mi
631 W 40th St Unit 635 Tucson, AZ 2.0 1.0 890 $995 $1.12 10d 1 1.01mi
631 W 40th St Unit 635 Tucson, AZ 2.0 1.0 890 $995 $1.12 11d 1 1.01mi
631 W 40th St Unit 637 Tucson, AZ 2.0 1.0 890 $995 $1.12 122d 1 1.02mi
520 W Pennsylvania Dr Tucson, AZ 2.0 1.0 600 $1,200 $2.00 10d 1 1.03mi
431 W Columbia St Unit 2 Tucson, AZ 2.0 1.0 650 $950 $1.46 2d 1 1.03mi
416 W 44th St Unit 1 Tucson, AZ 1.0 1.0 780 $900 $1.15 164d 1 1.04mi
2621 S Lands End Rd Tucson, AZ 2.0 1.0 840 $1,050 $1.25 45d 1 1.09mi
3917 S Liberty Ave Tucson, AZ 3.0 2.0 1044 $1,590 $1.52 144d 1 1.10mi
3450 S Liberty Ave Unit 2 Tucson, AZ 3.0 2.0 950 $1,475 $1.55 184d 1 1.10mi
1826 W Dominy Rd Tucson, AZ 2.0 2.0 1055 $1,275 $1.21 29d 1 1.11mi
3668 S Belmar Ave Unit 3668-2 Tucson, AZ 1.0 1.0 650 $700 $1.08 120d 1 1.11mi
3668 S Belmar Ave Unit 3668-7 Tucson, AZ 1.0 1.0 700 $745 $1.06 10d 1 1.11mi
2410 S Mission Rd Tucson, AZ 3.0 1.0–2.0 620 $1,175 $1.90 10d 8 1.13mi
320 W Whitestone Pl #324 Tucson, AZ 2.0 1.0 800 $925 $1.16 10d 1 1.13mi
320 W Whitestone Pl #324 Tucson, AZ 2.0 1.0 800 $925 $1.16 43d 1 1.13mi
944 W 34th St Unit 1 Tucson, AZ 3.0 2.0 1079 $1,750 $1.62 2d 1 1.18mi
3638 S 9th Ave Tucson, AZ 3.0 1.0 945 $1,350 $1.43 10d 1 1.18mi
1846 W Caravelle Rd Tucson, AZ 2.0 2.0 1050 $1,250 $1.19 122d 1 1.18mi
1866 W Caravelle Rd Tucson, AZ 2.0 2.0 1035 $1,500 $1.45 131d 1 1.21mi

HOA detail $675/mo · $8,100/yr

Likely covers
poolgym

Listing history 50 events

  1. 2026-11-08
    days on market $60,000 Active 489 DOM
  2. 2026-11-07
    days on market $60,000 Active 488 DOM
  3. 2026-11-06
    days on market $60,000 Active 487 DOM
  4. 2026-11-05
    days on market $60,000 Active 486 DOM
  5. 2026-11-04
    days on market $60,000 Active 485 DOM
  6. 2026-11-02
    days on market $60,000 Active 483 DOM
  7. 2026-11-01
    days on market $60,000 Active 482 DOM
  8. 2026-10-31
    days on market $60,000 Active 481 DOM
  9. 2026-10-30
    days on market $60,000 Active 480 DOM
  10. 2026-10-29
    days on market $60,000 Active 479 DOM
  11. 2026-10-28
    days on market $60,000 Active 478 DOM
  12. 2026-10-27
    days on market $60,000 Active 477 DOM
  13. 2026-10-26
    days on market $60,000 Active 476 DOM
  14. 2026-10-26
    days on market $60,000 Active 475 DOM
  15. 2026-10-24
    days on market $60,000 Active 474 DOM
  16. 2026-10-23
    days on market $60,000 Active 473 DOM
  17. 2026-10-22
    days on market $60,000 Active 472 DOM
  18. 2026-10-21
    days on market $60,000 Active 471 DOM
  19. 2026-10-20
    days on market $60,000 Active 470 DOM
  20. 2026-10-19
    days on market $60,000 Active 469 DOM
  21. 2026-10-18
    days on market $60,000 Active 468 DOM
  22. 2026-10-17
    days on market $60,000 Active 467 DOM
  23. 2026-10-16
    days on market $60,000 Active 466 DOM
  24. 2026-10-15
    days on market $60,000 Active 465 DOM
  25. 2026-10-14
    days on market $60,000 Active 464 DOM
  26. 2026-10-13
    days on market $60,000 Active 463 DOM
  27. 2026-10-12
    days on market $60,000 Active 462 DOM
  28. 2026-10-11
    days on market $60,000 Active 461 DOM
  29. 2026-10-10
    days on market $60,000 Active 460 DOM
  30. 2026-10-09
    days on market $60,000 Active 459 DOM
  31. 2026-10-08
    days on market $60,000 Active 458 DOM
  32. 2026-10-07
    days on market $60,000 Active 457 DOM
  33. 2026-10-06
    days on market $60,000 Active 456 DOM
  34. 2026-10-05
    days on market $60,000 Active 455 DOM
  35. 2026-10-04
    days on market $60,000 Active 454 DOM
  36. 2026-10-04
    days on market $60,000 Active 453 DOM
  37. 2026-10-03
    days on market $60,000 Active 452 DOM
  38. 2026-10-01
    days on market $60,000 Active 451 DOM
  39. 2026-09-30
    days on market $60,000 Active 450 DOM
  40. 2026-09-29
    days on market $60,000 Active 449 DOM
  41. 2026-09-28
    days on market $60,000 Active 448 DOM
  42. 2026-09-27
    days on market $60,000 Active 447 DOM
  43. 2026-09-25
    days on market $60,000 Active 445 DOM
  44. 2026-09-24
    days on market $60,000 Active 444 DOM
  45. 2026-09-23
    days on market $60,000 Active 443 DOM
  46. 2026-09-22
    days on market $60,000 Active 442 DOM
  47. 2026-09-21
    days on market $60,000 Active 441 DOM
  48. 2026-09-20
    days on market $60,000 Active 440 DOM
  49. 2026-09-19
    days on market $60,000 Active 439 DOM
  50. 2026-09-18
    days on market $60,000 Active 438 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 7 d/yr ≥106°F today · 19 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

Loading nearby amenities…

Taxation est. · year 1

Rental income
$10,511
− Mortgage interest
−$3,361
− Property taxes
−$900
− Insurance
−$300
− Repairs & maintenance
−$841
− Management
−$841
− HOA
−$8,100
− Depreciation
−$1,745
Taxable loss
−$5,577
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,339
After-tax cash flow
$-3,434/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 · 6 photos

Excellent 95/100 None rehab

This fully renovated 2-bedroom, 2-bathroom home in Desert Pueblo Estates is move-in ready and in excellent condition. It offers a quiet location with easy access to community amenities. Consider painting the exterior and adding landscaping to further enhance its curb appeal and value.

Value-add opportunities

  • Both Painting the exterior siding — A fresh coat of paint can enhance the curb appeal and increase the home's value. ↑
  • Both Landscaping the front yard — A well-maintained front yard can improve the home's curb appeal and increase its rental value. ↑
  • Both Upgrading the HVAC system — A more efficient HVAC system can improve comfort and energy efficiency, increasing both resale and rental value. ↑
  • Both Adding a smart home system — A smart home system can improve convenience and energy efficiency, increasing both resale and rental value. ↑
F Composite school gradezoned avg 18/100

Zoned Schools

Elementary Gale Elementary School F AZ #438/1,109 Nat'l #21,438/41,679 Middle Valencia Middle School F AZ #210/218 Nat'l #13,725/14,009 High Cholla High School F AZ #343/381 Nat'l #16,463/17,239

Schools (NCES district)

District
Tucson Unified District (4403)
NCES district ID
0408800
Math proficiency
14% ▼ -17.00%
Reading proficiency
23% ▼ -11.00%
Median HH income
$40,962
Composite
15.78/100
National rank
#9270
State rank
#190 of 249 in AZ
B Composite livability gradescore 74/100

Livability — Tucson

Score
74/100
State rank
#17
US rank
#4502

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Tucson, AZ
County
Pima County · 1,066,056 people
City population
839,336
Metro
Tucson, AZ
Population (ZIP)
46,439
Household income
$53,152
Rent vs Own
37.2% rent · 62.8% own
Severe rent burden
12% of renters

Population outlook (Pima County) Hauer SSP2

Today (2025)
1,066,056 people
By 2030
1,086,684 · +1.9%
By 2040
1,117,160 · +4.8%
By 2050
1,149,778 · +7.9%
By 2075
1,271,480 · +19.3%
By 2100
1,321,160 · +23.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (70%)
Race & ethnicity
Hispanic / Latino 70% Two or more races 30% White 21% Native American 5% Black 3% Asian 1%
Hispanic origin (detail)
Mexican 67%
Languages at home
49% English-only · Spanish 49%

Political lean MEDSL · Pima

2024 margin
D (+15.2) · D 57.0% · R 41.8% · Other 1.2%
2008→2024 swing
+9.1pp toward D · 2008: 6.1pp · 2024: 15.2pp
All cycles
2024: D+15.2 2020: D+18.7 2016: D+13.5 2012: D+5.8 2008: D+6.1

Not yet ingested

Civics
—

Price history

-20.0% since first listed
2 events — show timeline
  • 2026-04-25 Price Changed $60,000 Zillow
  • 2025-07-08 Listed $75,000 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…