2100 N Trekell Rd #182 · Casa Grande, AZ 85122

$215,000

3 bd · 2.0 ba · 1,378 sqft · Manufactured · 986 Days on market

Built 2023 ↓ 9% since listing

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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 +13.6/30.0
• ARV discount +7.5/15.0
• DSCR +4.1/10.0
• 1% rule +3.8/10.0
• Rent growth +3.7/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks

BRAND NEW home in the beautifully maintained 55+ community of Casa Verde Estates. This 3 bedroom 2 bathroom spacious floor plan has modern styling with the white cabinets and black hardware, vinyl plank flooring, large primary bathroom with double sink vanity and walk-in shower. The additional bedrooms can be used for guests and a hobby space. The nice size laundry room has extra cabinets for storage and there's a storage shed which could be converted to a workshop. The oversized carport adds the last piece to make this luxurious and efficient home a perfect winter or summer getaway. This park offers several amenities to enjoy such as a heated pool, spa and community center. Park will offer

Key facts

• 2 parking spots
• Community pool
• Built 2023

Property features AI

Finance

• Other: Property located in a gated community (Casa Verde Estates); enter through gate from N Trekell Rd
• HOA & community: Monthly land lease of $520; No association fees; Community pool; Pickleball courts; Community spa (heated)

Exterior

• Parking: 2 covered parking spaces; 2 carport spaces
• Security: Gated community
• Utilities: Private water company; Sewer connected
• Home design: Manufactured/mobile home; Leasehold property
• Construction: Wood frame construction; Painted exterior; Composition roof
• Exterior features: Gravel/stone front yard; Gravel/stone backyard; No fencing

Interior

• Kitchen: Built-in microwave; Electric range/oven
• Bedrooms: Up to 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Eat-in kitchen; 3/4 bath in master bedroom; Refrigerator, Dishwasher, Disposal
• Laundry & utility: Indoor laundry with washer/dryer hookups

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $215k.

Deal economics

• At list price, monthly cash flow is $12 ($147/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 $190k (11.8% below list).
• Recommended offer: $189k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.4% vs local median 4.0% 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+, amenities 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.
• Zoned schools: Cholla Elementary School (math 17% / reading 22%, grade F, #752 of 1,109 statewide, top 70%, 510 students, 73% FRL); Cactus Middle School (math 11% / reading 19%, grade F, #156 of 218 statewide, top 72%, 779 students, 63% FRL); Casa Grande Union High School (math 18% / reading 25%, grade F, #217 of 381 statewide, top 57%, 2,132 students, 52% FRL).
• Market conditions: Rents rising fast (+4.6%/yr); 632 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 9,504 units permitted in Pinal County in 2024 (776 in 5+ unit buildings).
• This rent runs 33% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 986 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 3y ago; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $189,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 986 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 0.88% ✗
• Cap rate: 6.36%
• Cash-on-cash: 0.24%
• DSCR: 1.01
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $81,302
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2100 N Trekell Rd #143	0.00mi	3/1.5	1,456 (+6%)	2mo	$65,000	$45	87
2100 N Trekell Rd #291	0.00mi	2/2.0 (-1)	1,393 (+1%)	8mo	$69,000	$50	87
2100 N Trekell Rd #88	0.00mi	2/2.0 (-1)	1,300 (-6%)	3mo	$22,000	$17	83
2100 N Trekell Rd #226	0.00mi	2/1.0 (-1)	1,456 (+6%)	3mo	$37,000	$25	79
2263 N Trekell Rd Rd #77	0.32mi	2/2.0 (-1)	1,400 (+2%)	1mo	$175,000	$125	76
2100 N Trekell Rd #254	0.00mi	3/2.0	1,560 (+13%)	2mo	$92,500	$59	76
2263 N Trekell Rd #156	0.32mi	2/2.0 (-1)	1,400 (+2%)	2mo	$165,000	$118	76
2263 N Trekell Rd #36	0.32mi	2/2.0 (-1)	1,400 (+2%)	4mo	$184,000	$131	74
2100 N Trekell Rd #239	0.00mi	3/2.0	1,568 (+14%)	4mo	$75,900	$48	74
2100 N Trekell Rd	0.00mi	2/2.0 (-1)	1,560 (+13%)	2mo	$32,900	$21	71
2263 N Trekell Rd #67	0.32mi	2/2.0 (-1)	1,472 (+7%)	1mo	$187,500	$127	68
2263 N Trekell Rd #48	0.32mi	2/2.0 (-1)	1,232 (-11%)	2mo	$165,900	$135	60

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: -14.1%
• Equity multiple: 0.49×
• Total profit: $-30,929
• Equity at exit: $32,057

10-year hold

• IRR: -2.9%
• Equity multiple: 0.79×
• Total profit: $-12,663
• Equity at exit: $18,589

Cash invested: $60,200 (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: 632
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,896 high
• Mortgage (P&I): −$1,127
• Tax est. 1.5%: −$269 /mo · $3,225/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $12

Break-even live

Break-even rent $1,881

Max offer price $215,000

Occupancy floor 94%

Sensitivity live

Price	-10% $161	-5% $87	+0% $12	+5% $-62	+10% $-136
Rent	-10% $-138	-5% $-63	+0% $12	+5% $87	+10% $162
Rate	-1.0pp $121	-0.5pp $67	base $12	+0.5pp $-43	+1.0pp $-100

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1139 E Yucca St Casa Grande, AZ	3.0	3.0	1300	$1,800	$1.38	26d	1	0.23mi
2060 N Trekell Rd Casa Grande, AZ	2.0	1.0–2.0	670	$1,300	$1.94	26d	4	0.26mi
1979 N Vista Ln Casa Grande, AZ	4.0	2.0	1636	$2,200	$1.34	26d	1	0.42mi
1265 E Kingman St Casa Grande, AZ	4.0	2.0	1874	$2,099	$1.12	0d	1	0.46mi
1265 E Kingman St Casa Grande, AZ	4.0	2.0	1874	$2,099	$1.12	7d	1	0.46mi
1936 N Trekell Rd Casa Grande, AZ	1.0–4.0	1.0–2.0	1033	$1,723	$1.67	0d	31	0.50mi
1926 N Avenida de Palmas Casa Grande, AZ	2.0	2.0	1106	$1,199	$1.08	23d	3	0.66mi
1185 E Avila Ave Casa Grande, AZ	4.0	2.0	1378	$1,550	$1.12	26d	1	0.69mi
1292 E Rodeo Rd Casa Grande, AZ	3.0	2.0	1005	$1,500	$1.49	7d	1	0.72mi
1201 E Barcelona Ave Casa Grande, AZ	3.0	2.0	1803	$1,900	$1.05	26d	1	0.74mi
1251 E Jahns Dr Casa Grande, AZ	4.0	2.0	1810	$1,995	$1.10	0d	1	0.79mi
976 E White Wing Dr Casa Grande, AZ	4.0	2.0	1808	$2,149	$1.19	0d	1	0.87mi
700 E Rodeo Rd Casa Grande, AZ	2.0	1.0–2.0	828	$1,436	$1.73	0d	24	0.89mi
1153 E Gabrilla Dr Casa Grande, AZ	4.0	2.0	1689	$1,795	$1.06	21d	1	0.90mi
1775 N Terrace Cir Casa Grande, AZ	3.0	2.0	1628	$1,699	$1.04	16d	1	0.96mi
948 E Wiley Way Casa Grande, AZ	4.0	2.0	1540	$1,900	$1.23	0d	1	0.97mi
2542 N La Escondida Cir Casa Grande, AZ	2.0	2.0	952	$1,600	$1.68	0d	1	0.99mi
1161 E O'Neil Dr Casa Grande, AZ	2.0–4.0	2.0	1144	$1,498	$1.31	0d	13	1.02mi
1846 N Princeton Ave Casa Grande, AZ	4.0	2.0	1786	$1,750	$0.98	6d	1	1.04mi
2547 N Kenna Pl Casa Grande, AZ	4.0	2.0	1539	$1,950	$1.27	0d	1	1.17mi
1858 N Center Ave Casa Grande, AZ	2.0	2.0	1146	$1,500	$1.31	26d	1	1.21mi
1636 E Jardin Pl Casa Grande, AZ	3.0	2.0	1411	$1,999	$1.42	7d	1	1.21mi
1650 E Jardin Pl Casa Grande, AZ	3.0	2.0	1411	$1,695	$1.20	26d	1	1.24mi
2575 N Lupita Pl Casa Grande, AZ	3.0	2.0	1630	$1,595	$0.98	26d	1	1.26mi
1620 N Trekell Rd Casa Grande, AZ	1.0–3.0	1.0–2.5	1090	$2,640	$2.42	0d	1	1.28mi
1620 E Silver Reef Dr Casa Grande, AZ	3.0	2.0	1202	$1,575	$1.31	26d	1	1.30mi
1547 E Inouye Dr Casa Grande, AZ	3.0	2.0	1571	$3,500	$2.23	26d	1	1.34mi
2094 N Sweetwater Dr Casa Grande, AZ	3.0	2.0	1266	$1,700	$1.34	26d	1	1.34mi
2569 N Agave Ln Casa Grande, AZ	3.0	2.0	1580	$1,750	$1.11	26d	1	1.37mi
1552 E Inouye Dr Casa Grande, AZ	3.0	2.0	1560	$1,699	$1.09	16d	1	1.37mi
1552 E Inouye Dr Casa Grande, AZ	3.0	2.0	1571	$1,699	$1.08	13d	1	1.37mi
1641 N Kadota Ave Casa Grande, AZ	1.0–2.0	1.0–2.0	750	$1,100	$1.47	0d	3	1.39mi
1644 E Jahns St Casa Grande, AZ	4.0	2.0	1402	$1,795	$1.28	14d	1	1.39mi
1450 E Cottonwood Ln Casa Grande, AZ	1.0–2.0	1.0–2.0	821	$1,995	$2.43	0d	21	1.40mi
1715 N Peart Rd Casa Grande, AZ	2.0–4.0	1.0–2.0	1221	$1,710	$1.40	0d	43	1.44mi
520 W Casa Mirage Ct Casa Grande, AZ	3.0	2.0	1536	$1,600	$1.04	6d	1	1.45mi
1560 E Demain Dr Casa Grande, AZ	3.0	2.0	1304	$1,595	$1.22	26d	1	1.46mi
1642 N Cameron St Casa Grande, AZ	3.0	2.5	1577	$3,250	$2.06	26d	1	1.47mi
1640 N Cameron St Casa Grande, AZ	3.0	2.0	1577	$3,250	$2.06	23d	1	1.47mi
1640 N Cameron St Casa Grande, AZ	3.0	2.0	1577	$3,250	$2.06	25d	1	1.47mi

Listing history 27 events

1. 2026-06-21
   days on market $215,000 Active 986 DOM
2. 2026-06-18
   days on market $215,000 Active 983 DOM
3. 2026-06-17
   days on market $215,000 Active 982 DOM
4. 2026-06-16
   days on market $215,000 Active 981 DOM
5. 2026-06-15
   days on market $215,000 Active 980 DOM
6. 2026-06-13
   days on market $215,000 Active 978 DOM
7. 2026-06-13
   days on market $215,000 Active 977 DOM
8. 2026-06-09
   days on market $215,000 Active 974 DOM
9. 2026-06-08
   days on market $215,000 Active 973 DOM
10. 2026-06-07
    days on market $215,000 Active 972 DOM
11. 2026-06-04
    days on market $215,000 Active 969 DOM
12. 2026-06-03
    days on market $215,000 Active 968 DOM
13. 2026-06-02
    days on market $215,000 Active 967 DOM
14. 2026-06-01
    days on market $215,000 Active 966 DOM
15. 2026-05-31
    days on market $215,000 Active 965 DOM
16. 2026-01-30
    price $215,000
17. 2025-10-17
    status Active
18. 2025-10-16
    historical
19. 2025-05-20
    status Active
20. 2025-05-16
    historical
21. 2025-02-17
    status Active
22. 2025-02-16
    historical
23. 2024-08-16
    status Active
24. 2024-08-16
    historical
25. 2024-05-16
    status Active
26. 2024-05-16
    historical
27. 2023-10-02
    listed $235,000 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: $22,755
• − Mortgage interest: −$12,043
• − Property taxes: −$3,225
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,820
• − Management: −$1,820
• − Depreciation: −$6,255
• Taxable loss: −$3,483
• Est. tax savings @ 24.0%: +$836
• After-tax cash flow: $983/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: 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

-8.5% since first listed

12 events — show timeline

• 2026-01-30 Price Changed $215,000 ARMLS
• 2025-10-17 Relisted — ARMLS
• 2025-10-16 Listing Removed — ARMLS
• 2025-05-20 Relisted — ARMLS
• 2025-05-16 Listing Removed — ARMLS
• 2025-02-17 Relisted — ARMLS
• 2025-02-16 Listing Removed — ARMLS
• 2024-08-16 Relisted — ARMLS
• 2024-08-16 Listing Removed — ARMLS
• 2024-05-16 Relisted — ARMLS
• 2024-05-16 Listing Removed — ARMLS
• 2023-10-02 Listed $235,000 ARMLS