1213 W Welland Rd · Phoenix, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 8/10 · Major
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 9/10 · Severe
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B 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
- ARV discount +13.5/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.8/5.0
- Condition / age +3.8/5.0
- Appreciation +2.5/10.0
- Rent growth +2.3/5.0
- Schools +1.2/10.0
- Manufactured-home adj. -6.2
$78,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Charming 3-bedroom, 2-bath single-wide mobile home built in 2000 in this all ages community Mountain Gate Mobile Home Park. Comfort and value at a great price! This home features vaulted ceilings and skylights that bring in natural light, creating an open and airy feel throughout. Enjoy the convenience of a covered carport and additional storage with a private shed. Perfect for anyone looking for an affordable, well-maintained home--don't miss this opportunity! Requires park approval. Lot rent $820.00.
Key facts
- Covered carport
- Vaulted ceilings
- Skylights
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $78k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $707 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $78k).
- Recommended offer: $76k (3.0% below list) — sets the bar for market timing.
- Cap rate 17.2% vs local median 3.2% in Phoenix — 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 75/100 on livability (#16 in AZ, #3,924 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime F.
- Roosevelt Elementary District (4279) (urban): math 8% / reading 14% proficiency, ranked #234 of 249 in AZ (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Southwest Elementary School (math 9% / reading 16%, grade F, #937 of 1,109 statewide, top 85%, 534 students, 85% FRL); Cesar Chavez High School (math 8% / reading 17%, grade F, #281 of 381 statewide, top 75%, 2,725 students, 62% FRL) — zoned schools average 73% FRL vs 36% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents soft (-0.8%/yr); 389 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 29d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $539 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 0.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 40 days — a 3% lower offer ($76k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 2.02% ✓
- Cap rate
- 17.18%
- Cash-on-cash
- 38.86%
- DSCR
- 2.73
- GRM
- 4.1
CMA / ARV
- ARV (median comp)
- $90,000
- List price
- $78,000
- Delta
- -13.33%
- Verdict
- UNDERPRICED
- Comps
- 7 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1305 W Summerside Rd | 0.05mi | 3/2.0 | 1,152 (0%) | 13mo | $72,000 | $63 | 87 |
| 821 W Kachina Trl | 0.25mi | 3/2.0 | 1,140 (-1%) | 12mo | $79,000 | $69 | 77 |
| 1322 W Summerside Rd | 0.06mi | 3/2.0 | 1,248 (+8%) | 20mo | $100,000 | $80 | 67 |
| 1002 W Kachina Trl | 0.16mi | 3/2.0 | 1,024 (-11%) | 12mo | $45,000 | $44 | 64 |
| 9436 S 12 th Ave | 0.19mi | 3/3.0 | 1,000 (-13%) | 4mo | $250,000 | $250 | 62 |
| 9405 S 14th Ave | 0.27mi | 3/2.0 | 1,057 (-8%) | 18mo | $235,500 | $223 | 59 |
| 818 W Buist Ave | 0.30mi | 3/2.0 | 1,201 (+4%) | 24mo | $256,500 | $214 | 59 |
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
- IRR
- 31.6%
- Equity multiple
- 2.27×
- Total profit
- $27,811
- Equity at exit
- $11,630
- IRR
- 37.0%
- Equity multiple
- 3.95×
- Total profit
- $64,456
- Equity at exit
- $6,744
Cash invested: $21,840 (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
Active competition Active MLS
- For sale now
- 2 active
- Months of supply
- 4.0 mo (25%/mo absorbed)
- Median asking
- $80,000 ($80/sqft)
- Median days on market
- 58 d
- This list price
- 50% of active listings are priced below it
- ARV vs active asking
- -2.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 85041
- Home prices YoY
- -33.0%
- Rents YoY
- -0.8%
- Active inventory
- 389
- Price-to-rent
- 4.1×
Monthly cashflow live
- Estimated rent
- $1,578 high interval (Pro) →
- Mortgage (P&I)
- −$409
- Tax est. 1.5%
- −$98 /mo · $1,170/yr
- Insurance
- −$32
- HOA
- −$0
- Lot rent leased land?
- −$0
- Vacancy / Maint / Mgmt
- −$331
- Net cashflow
- $707
Break-even live
Sensitivity live
| Price | -10% $761 | -5% $734 | +0% $707 | +5% $680 | +10% $653 |
|---|---|---|---|---|---|
| Rent | -10% $583 | -5% $645 | +0% $707 | +5% $770 | +10% $832 |
| Rate | -1.0pp $747 | -0.5pp $727 | base $707 | +0.5pp $687 | +1.0pp $667 |
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
- $19,500
- Closing costs
- $2,340
- Club membership (one-time)
- —
- 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 29 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 916 W Piedmont Rd Phoenix, AZ | 2.0 | 1.0 | 810 | $1,445 | $1.78 | 3d | 1 | 0.28mi |
| 9239 S 8th Ave Phoenix, AZ | 4.0 | 2.0 | 1250 | $2,300 | $1.84 | 98d | 1 | 0.47mi |
| 5134 W Western Star Blvd Phoenix, AZ | 3.0 | 2.0 | 1358 | $2,150 | $1.58 | 97d | 1 | 0.52mi |
| 9700 S Central Ave Phoenix, AZ | 2.0–3.0 | 2.0–3.0 | 1348 | $2,296 | $1.70 | 0d | 6 | 0.94mi |
| 120 W Dobbins Rd Phoenix, AZ | 2.0 | 1.0 | 876 | $1,187 | $1.36 | 0d | 5 | 0.98mi |
| 37 E Paseo Way Unit 30 Phoenix, AZ | 3.0 | 2.5 | 1356 | $2,045 | $1.51 | 69d | 1 | 1.08mi |
| 505 W Latona Rd Phoenix, AZ | 3.0 | 2.0 | 1255 | $1,525 | $1.22 | 70d | 1 | 1.12mi |
| 506 W Latona Rd Phoenix, AZ | 3.0 | 2.0 | 1255 | $1,895 | $1.51 | 54d | 1 | 1.14mi |
| 11 E Dobbins Rd Phoenix, AZ | 3.0 | 2.5 | 1356 | $2,045 | $1.51 | 0d | 1 | 1.15mi |
| 114 E Beth Dr Phoenix, AZ | 3.0 | 2.0 | 1327 | $2,075 | $1.56 | 2d | 1 | 1.18mi |
| 8127 S 5th Ave Phoenix, AZ | 3.0 | 2.0 | 1351 | $1,865 | $1.38 | 40d | 1 | 1.20mi |
| 8017 S 6th Dr Phoenix, AZ | 3.0 | 2.0 | 1361 | $2,099 | $1.54 | 0d | 1 | 1.23mi |
| 8017 S 6th Dr Phoenix, AZ | 3.0 | 2.0 | 1350 | $2,099 | $1.55 | 17d | 1 | 1.23mi |
| 209 E Valley View Dr Phoenix, AZ | 3.0 | 2.0 | 1386 | $1,200 | $0.87 | 89d | 1 | 1.25mi |
| 207 W Latona Rd Phoenix, AZ | 3.0 | 2.0 | 1319 | $1,960 | $1.49 | 59d | 1 | 1.27mi |
| 8122 S 2nd Dr Phoenix, AZ | 3.0 | 2.0 | 1448 | $1,700 | $1.17 | 5d | 1 | 1.28mi |
| 8122 S 2nd Dr Phoenix, AZ | 3.0 | 2.0 | 1299 | $1,845 | $1.42 | 0d | 1 | 1.28mi |
| 8123 S 2nd Dr Phoenix, AZ | 3.0 | 2.0 | 1299 | $1,245 | $0.96 | 28d | 1 | 1.29mi |
| 8121 S 2nd Dr Phoenix, AZ | 3.0 | 2.0 | 1299 | $1,250 | $0.96 | 28d | 1 | 1.29mi |
| 9004 S 4th St Phoenix, AZ | 3.0 | 2.0 | 1327 | $2,050 | $1.54 | 0d | 1 | 1.29mi |
| 141 W Latona Rd Phoenix, AZ | 4.0 | 2.5 | 1456 | $2,088 | $1.43 | 28d | 1 | 1.30mi |
| 136 W Latona Rd Phoenix, AZ | 3.0 | 2.5 | 1499 | $2,350 | $1.57 | 56d | 1 | 1.32mi |
| 8350 S Central Ave Phoenix, AZ | 2.0–4.0 | 1.5–2.5 | 1167 | $2,095 | $1.79 | 0d | 4 | 1.36mi |
| 606 W Beautiful Ln Phoenix, AZ | 3.0 | 2.0 | 1385 | $2,150 | $1.55 | 72d | 1 | 1.36mi |
| 105 W Latona Rd Phoenix, AZ | 3.0 | 2.5 | 1499 | $2,088 | $1.39 | 0d | 1 | 1.36mi |
| 504 W Beautiful Ln Phoenix, AZ | 3.0 | 2.0 | 1313 | $1,939 | $1.48 | 49d | 1 | 1.38mi |
| 504 W Beautiful Ln Phoenix, AZ | 3.0 | 2.0 | 1313 | $1,949 | $1.48 | 79d | 1 | 1.38mi |
| 8028 S Central Ave Phoenix, AZ | 2.0 | 1.0–2.0 | 602 | $1,300 | $2.16 | 0d | 1 | 1.46mi |
| 9204 S 7th St Phoenix, AZ | 2.0 | 1.5 | 1200 | $1,549 | $1.29 | 0d | 1 | 1.49mi |
Property features AI
Finance
- Financial info
- Conventional financing available
- HOA & community
- Land lease community (land lease $820 monthly)No association fees includedCommunity pool
Exterior
- Parking
- 3 covered parking spaces3 carport spaces
- Utilities
- City waterPublic sewer
- Home design
- Manufactured/mobile homeLeasehold ownership
- Construction
- Aluminum sidingWood frame constructionOther roof
- Exterior features
- Desert front lotAsphalt road frontageNo fencing
Interior
- Kitchen
- Built-in microwaveRefrigeratorDishwasher
- Bedrooms
- 3 possible bedrooms (includes master bedroom)
- Flooring
- CarpetLaminate
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central air conditioningHeating present (other type)
- Interior features
- Breakfast barFull bath in master bedroomRefrigeratorDishwasher
Listing history 4 events
-
2026-06-02days on market $78,000 Active 40 DOM
-
2026-06-01days on market $78,000 Active 39 DOM
-
2026-05-31days on market $78,000 Active 38 DOM
-
2026-04-23$78,000 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 (shaded) · 0% chance over 30 yrs
- Wildfire 8/10 Severe
- Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 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
- $18,932
- − Mortgage interest
- −$4,369
- − Property taxes
- −$1,170
- − Insurance
- −$390
- − Repairs & maintenance
- −$1,515
- − Management
- −$1,515
- − Depreciation
- −$2,269
- Taxable income
- $7,705
- Est. tax owed @ 24.0%
- −$1,849
- After-tax cash flow
- $6,639/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
This single-wide mobile home is in good condition with minimal repairs needed. Painting the exterior and replacing gutters would significantly enhance its curb appeal and value.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and value ↑
- Both Replace gutters — Improves drainage and aesthetics ↑
ⓘ 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.
Zoned Schools
Schools (NCES district)
- District
- Roosevelt Elementary District (4279)
- NCES district ID
- 0407080
- Math proficiency
- 8% ▼ -13.00%
- Reading proficiency
- 14% ▼ -8.00%
- Median HH income
- $42,813
- Composite
- 9.74/100
- National rank
- #9829
- State rank
- #234 of 249 in AZ
Livability — Phoenix
- Score
- 75/100
- State rank
- #16
- US rank
- #3924
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Phoenix, AZ
- County
- Maricopa County · 4,979,203 people
- City population
- 1,500,198
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 63,862
- Household income
- $75,301
- Rent vs Own
- Severe rent burden
- 10% of renters
Population outlook (Maricopa County) Hauer SSP2
- Today (2025)
- 4,979,203 people
- By 2030
- 5,378,229 · +8.0%
- By 2040
- 6,156,598 · +23.6%
- By 2050
- 6,872,376 · +38.0%
- By 2075
- 8,401,270 · +68.7%
- By 2100
- 9,247,439 · +85.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Hispanic (66%)
- Race & ethnicity
- Hispanic / Latino 66% Two or more races 28% Black 15% White 13% Native American 3% Asian 2%
- Hispanic origin (detail)
- Mexican 60%
- Common ancestry
- Romanian 1% Lithuanian 1% Slovak 1%
- Foreign-born
- 24% · Canada, Vietnam
- Languages at home
- 49% English-only · Spanish 45% Other Asian/Pacific 1% Other Indo-European 1%
Political lean MEDSL · Maricopa
- 2024 margin
- Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
- 2008→2024 swing
- +7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
- All cycles
- 2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -168.81%
- Current HPI
- 342.4961
- Rent YoY
- ▼ -0.84%
- 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 |
|
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| Mining / Metals | 1 | $23B |
|
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| Environmental Services | 1 | $16B |
|
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| Metals / Steel | 1 | $14B |
|
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| Technology Distribution | 1 | $9B |
|
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| Homebuilding | 1 | $8B |
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Price history
2 events — show timeline
- 2026-06-02 Listing Removed — ARMLS
- 2026-04-23 Listed $78,000 ARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…