2550 S Ellsworth Rd #46 · Mesa, 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 5/10 · Moderate
- 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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +18.6/30.0
- DSCR +5.9/10.0
- Appreciation +5.7/10.0
- 1% rule +5.0/10.0
- Schools +4.6/10.0
- Livability +4.0/5.0
- Rent growth +2.6/5.0
- Condition / age +1.0/5.0
- ARV discount +0.0/15.0
$195,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to Las Palmas Grand where every day feels like a vacation. Save thousands on this freshly painted, meticulously kept and upgraded Bel Air home. It's move-in ready, featuring a new kitchen in 2020, A/C in 2024, roof in 2021, and newer flooring. Open concept flowing into the kitchen and dining, with ample island and granite counters. Features include a double vanity in the master, inside laundry with cabinetry for storage, a tiled Arizona room, and a shed which is ideal for hobbies and projects. The guarded-gate community delivers resort-style living: sparkling pool, spa, tennis, pickleball, bocce ball, shuffleboard, billiards, fitness center, ballroom, library, arts and crafts studio, and a plethora of clubs and activities. All the amenities and lifestyle you've earned
Key facts
- Double vanity
- New kitchen
- Shed
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $195k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $190 ($2k/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 $195k (0.2% below list).
- Recommended offer: $183k (6.0% below list) — sets the bar for market timing.
- Cap rate 7.5% vs local median 3.4% in Mesa — 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 79/100 on livability (#6 in AZ, #2,034 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime D.
- Gilbert Unified District (4239) (suburban): math 49% / reading 52% proficiency, ranked #38 of 249 in AZ (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
- Zoned schools: Augusta Ranch Elementary (math 47% / reading 58%, grade C-, #233 of 1,109 statewide, top 22%, 953 students, 29% FRL); Desert Ridge Jr. High (math 28% / reading 43%, grade F, #62 of 218 statewide, top 29%, 973 students, 26% FRL); Desert Ridge High (math 24% / reading 32%, grade F, #136 of 381 statewide, top 36%, 2,284 students, 23% FRL).
- Market conditions: Rents flat; 171 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
Forward outlook
- In year one you build about $4k of equity ($1k loan paydown + $3k appreciation (1.4% local appreciation)).
- Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (1.4% appreciation + 0.5% rent growth), your $55k cash investment doubles in ~8 years — after that, you're playing with house money.
- By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 74 days — a 6% lower offer ($183k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 2y 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.
- Current owner paid $160k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- 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.
Questions for the listing agent
- It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 1.00% ✗
- Cap rate
- 7.46%
- Cash-on-cash
- 4.18%
- DSCR
- 1.19
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $150,221
- List price
- $195,000
- Delta
- 29.81%
- Verdict
- OVERPRICED
- Comps
- 10 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2550 S Ellsworth Rd #364 | 0.00mi | 3/2.0 (+1) | 1,390 (+6%) | 19mo | $190,000 | $137 | 69 |
| 2550 S Ellsworth Rd #664 | 0.00mi | 2/2.0 | 1,493 (+14%) | 15mo | $190,000 | $127 | 64 |
| 2550 S Ellsworth Rd #432 | 0.24mi | 2/2.0 | 1,180 (-10%) | 13mo | $150,000 | $127 | 62 |
| 2550 S Ellsworth Rd #411 | 0.38mi | 2/2.0 | 1,214 (-7%) | 13mo | $200,000 | $165 | 60 |
| 2206 S Ellsworth Rd Unit 14 B | 0.53mi | 2/2.0 | 1,354 (+4%) | 15mo | $129,000 | $95 | 57 |
| 2550 S Ellsworth Rd #343 | 0.23mi | 2/2.0 | 1,456 (+11%) | 19mo | $150,000 | $103 | 55 |
| 2206 S Ellsworth Rd Unit 50B | 0.53mi | 3/2.0 (+1) | 1,404 (+7%) | 7mo | $238,000 | $170 | 52 |
| 2550 S Ellsworth Rd #219 | 0.38mi | 2/2.0 | 1,146 (-12%) | 14mo | $95,000 | $83 | 50 |
| 2550 S Ellsworth Rd #41 | 0.24mi | 2/2.0 | 1,493 (+14%) | 19mo | $221,675 | $148 | 49 |
| 8865 E Baseline Rd #138 | 0.70mi | 3/2.0 (+1) | 1,352 (+3%) | 16mo | $225,000 | $166 | 44 |
| 2206 S Ellsworth Rd Unit 160B | 0.56mi | 3/2.0 (+1) | 1,456 (+11%) | 9mo | $345,000 | $237 | 43 |
| 8865 E Baseline Rd #554 | 0.70mi | 3/2.0 (+1) | 1,447 (+11%) | 14mo | $285,000 | $197 | 33 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
1.44% appreciation · 0.54% rent growth · sell at horizon
- IRR
- 5.5%
- Equity multiple
- 1.28×
- Total profit
- $15,314
- Equity at exit
- $71,074
- IRR
- 8.0%
- Equity multiple
- 1.96×
- Total profit
- $52,604
- Equity at exit
- $98,038
Cash invested: $54,600 (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
ZIP-level market 85209
- Home prices YoY
- 0.5%
- Rents YoY
- 0.5%
- Active inventory
- 171
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $1,946 high interval (Pro) →
- Mortgage (P&I)
- −$1,023
- Tax est. 1.5%
- −$244 /mo · $2,925/yr
- Insurance
- −$81
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$409
- Net cashflow
- $190
Break-even live
Sensitivity live
| Price | -10% $325 | -5% $257 | +0% $190 | +5% $123 | +10% $55 |
|---|---|---|---|---|---|
| Rent | -10% $36 | -5% $113 | +0% $190 | +5% $267 | +10% $344 |
| Rate | -1.0pp $288 | -0.5pp $240 | base $190 | +0.5pp $140 | +1.0pp $88 |
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
- $48,750
- Closing costs
- $5,850
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9233 E Neville Ave Mesa, AZ | 2.0–3.0 | 2.0 | 1142 | $1,575 | $1.38 | 16d | 3 | 0.04mi |
| 9233 E Neville Ave Mesa, AZ | 2.0–3.0 | 2.0 | 1145 | $1,575 | $1.37 | 26d | 1 | 0.04mi |
| 9233 E Neville Ave #1088 Mesa, AZ | 3.0 | 2.0 | 1057 | $1,850 | $1.75 | 7d | 1 | 0.09mi |
| 2821 S Skyline #157 Mesa, AZ | 2.0 | 2.5 | 1438 | $2,200 | $1.53 | 5d | 1 | 0.25mi |
| 2821 S Skyline #127 Mesa, AZ | 2.0 | 2.5 | 1438 | $2,350 | $1.63 | 45d | 1 | 0.35mi |
| 2657 S Keene Mesa, AZ | 3.0 | 2.0 | 1500 | $2,050 | $1.37 | 0d | 1 | 0.43mi |
| 8915 E Guadalupe Rd Mesa, AZ | 2.0–3.0 | 2.0 | 971 | $1,390 | $1.43 | 4d | 11 | 0.44mi |
| 8915 E Guadalupe Rd Mesa, AZ | 2.0 | 2.0 | 1054 | $1,390 | $1.32 | 26d | 1 | 0.44mi |
| 9322 E Lobo Ave Mesa, AZ | 3.0 | 2.0 | 1691 | $2,200 | $1.30 | 23d | 1 | 0.46mi |
| 8918 E Oro Cir Mesa, AZ | 3.0 | 2.5 | 1566 | $2,100 | $1.34 | 18d | 1 | 0.51mi |
| 8918 E Oro Cir Mesa, AZ | 3.0 | 2.5 | 1566 | $2,180 | $1.39 | 45d | 1 | 0.51mi |
| 2206 S Ellsworth Rd Unit 94B Mesa, AZ | 2.0 | 2.0 | 924 | $3,702 | $4.01 | 26d | 1 | 0.51mi |
| 2206 S Ellsworth Rd Unit 101B Mesa, AZ | 2.0 | 2.0 | 924 | $1,555 | $1.68 | 45d | 1 | 0.51mi |
| 2206 S Ellsworth Rd Unit 3B Mesa, AZ | 2.0 | 2.0 | 976 | $1,606 | $1.65 | 16d | 1 | 0.51mi |
| 8928 E Pampa Ave Mesa, AZ | 3.0 | 2.5 | 1723 | $10,500 | $6.09 | 26d | 1 | 0.59mi |
| 3121 S Mandy Mesa, AZ | 3.0 | 2.0 | 1357 | $2,190 | $1.61 | 5d | 1 | 0.62mi |
| 8915 E Pampa Ave Mesa, AZ | 3.0 | 2.5 | 1700 | $1,900 | $1.12 | 45d | 1 | 0.63mi |
| 9231 E Lindner Ave Mesa, AZ | 3.0 | 2.0 | 1572 | $2,295 | $1.46 | 7d | 1 | 0.64mi |
| 8843 E Pampa Ave Mesa, AZ | 3.0 | 2.0 | 1357 | $2,050 | $1.51 | 6d | 1 | 0.65mi |
| 8852 E Plana Ave Mesa, AZ | 3.0 | 2.0 | 1357 | $1,995 | $1.47 | 45d | 1 | 0.70mi |
| 2223 S Gordon Mesa, AZ | 3.0 | 2.0 | 1278 | $2,250 | $1.76 | 26d | 1 | 0.76mi |
| 9335 E Baseline Rd Mesa, AZ | 1.0–3.0 | 1.0–2.0 | 1162 | $1,745 | $1.50 | 0d | 12 | 0.78mi |
| 8865 E Baseline Rd #555 Mesa, AZ | 3.0 | 2.0 | 1387 | $3,900 | $2.81 | 21d | 1 | 0.79mi |
| 8865 E Baseline Rd #555 Mesa, AZ | 3.0 | 2.0 | 1387 | $3,900 | $2.81 | 26d | 1 | 0.79mi |
| 8865 E Baseline Rd #1028 Mesa, AZ | 2.0 | 1.0 | 1028 | $1,500 | $1.46 | 45d | 1 | 0.82mi |
| 8527 E Osage Ave Mesa, AZ | 3.0 | 2.5 | 1871 | $2,200 | $1.18 | 45d | 1 | 0.87mi |
| 2024 S Baldwin #154 Mesa, AZ | 2.0 | 2.5 | 1200 | $1,689 | $1.41 | 18d | 1 | 0.88mi |
| 2024 S Baldwin #154 Mesa, AZ | 2.0 | 2.5 | 1132 | $1,689 | $1.49 | 7d | 1 | 0.88mi |
| 8616 E Posada Ave Mesa, AZ | 3.0 | 2.5 | 1792 | $2,309 | $1.29 | 12d | 1 | 0.90mi |
| 8616 E Posada Ave Mesa, AZ | 3.0 | 2.5 | 1792 | $2,289 | $1.28 | 5d | 1 | 0.90mi |
| 2024 S Baldwin #40 Mesa, AZ | 3.0 | 2.5 | 1384 | $1,800 | $1.30 | 26d | 1 | 0.91mi |
| 2024 S Baldwin #114 Mesa, AZ | 2.0 | 2.5 | 1148 | $1,700 | $1.48 | 26d | 1 | 0.94mi |
| 2024 S Baldwin #114 Mesa, AZ | 2.0 | 2.5 | 1148 | $1,700 | $1.48 | 13d | 1 | 0.94mi |
| 9909 E Onza Ave Mesa, AZ | 3.0 | 2.0 | 1401 | $2,165 | $1.55 | 20d | 1 | 0.95mi |
| 9909 E Onza Ave Mesa, AZ | 3.0 | 2.0 | 1401 | $2,165 | $1.55 | 26d | 1 | 0.95mi |
| 8528 E Desert Ln Mesa, AZ | 3.0 | 2.0 | 1665 | $2,280 | $1.37 | 7d | 1 | 0.97mi |
| 8433 E Guadalupe Rd Mesa, AZ | 1.0–3.0 | 1.0–2.0 | 936 | $2,526 | $2.70 | 0d | 1 | 1.00mi |
| 8720 E Knowles Ave Mesa, AZ | 3.0 | 2.0 | 1692 | $1,995 | $1.18 | 4d | 1 | 1.01mi |
| 8720 E Knowles Ave Mesa, AZ | 3.0 | 2.0 | 1692 | $1,995 | $1.18 | 0d | 1 | 1.01mi |
| 8462 E Pampa Ave Mesa, AZ | 3.0 | 2.5 | 1473 | $1,995 | $1.35 | 45d | 1 | 1.02mi |
Listing history 22 events
-
2026-06-21days on market $195,000 Active 74 DOM
-
2026-06-18days on market $195,000 Active 71 DOM
-
2026-06-17days on market $195,000 Active 70 DOM
-
2026-06-16days on market $195,000 Active 69 DOM
-
2026-06-15days on market $195,000 Active 68 DOM
-
2026-06-13days on market $195,000 Active 66 DOM
-
2026-06-09days on market $195,000 Active 62 DOM
-
2026-06-08days on market $195,000 Active 61 DOM
-
2026-06-07days on market $195,000 Active 60 DOM
-
2026-06-04days on market $195,000 Active 57 DOM
-
2026-06-03days on market $195,000 Active 56 DOM
-
2026-06-02days on market $195,000 Active 55 DOM
-
2026-06-01days on market $195,000 Active 54 DOM
-
2026-05-31days on market $195,000 Active 53 DOM
-
2026-04-08$195,000 Active 787-char remark
Show marketing remark (787 chars)
Welcome to Las Palmas Grand where every day feels like a vacation. Save thousands on this freshly painted, meticulously kept and upgraded Bel Air home. It's move-in ready, featuring a new kitchen in 2020, A/C in 2024, roof in 2021, and newer flooring. Open concept flowing into the kitchen and dining, with ample island and granite counters. Features include a double vanity in the master, inside laundry with cabinetry for storage, a tiled Arizona room, and a shed which is ideal for hobbies and projects. The guarded-gate community delivers resort-style living: sparkling pool, spa, tennis, pickleball, bocce ball, shuffleboard, billiards, fitness center, ballroom, library, arts and crafts studio, and a plethora of clubs and activities. All the amenities and lifestyle you've earned
-
2025-03-10soldstatus $160,000 Closed 632-char remark
Show marketing remark (632 chars)
This sought after open floor plan with NEW ROOF, NEW A/C, 2 bed 2 bath + tiled AZ room and storage shed with work bench is move in ready just for you! This Cavco built, Bel Air model is conveniently located in the desirable Las Palmas Grand community. Additional upgrades include interior/exterior paint, sun screens, primary bath vanity with double sink, custom kitchen cabinets, oversized island with granite counter, newer carpet and so much more. Las Palmas community is full of activities and amenities including a large swimming pool, hot tub, tennis, pickleball, billiards, fitness center, and arts, crafts and clubs for all!
-
2025-03-06status Pending 632-char remark
Show marketing remark (632 chars)
This sought after open floor plan with NEW ROOF, NEW A/C, 2 bed 2 bath + tiled AZ room and storage shed with work bench is move in ready just for you! This Cavco built, Bel Air model is conveniently located in the desirable Las Palmas Grand community. Additional upgrades include interior/exterior paint, sun screens, primary bath vanity with double sink, custom kitchen cabinets, oversized island with granite counter, newer carpet and so much more. Las Palmas community is full of activities and amenities including a large swimming pool, hot tub, tennis, pickleball, billiards, fitness center, and arts, crafts and clubs for all!
-
2025-02-17historical Under Contract Accepting Backups 632-char remark
Show marketing remark (632 chars)
This sought after open floor plan with NEW ROOF, NEW A/C, 2 bed 2 bath + tiled AZ room and storage shed with work bench is move in ready just for you! This Cavco built, Bel Air model is conveniently located in the desirable Las Palmas Grand community. Additional upgrades include interior/exterior paint, sun screens, primary bath vanity with double sink, custom kitchen cabinets, oversized island with granite counter, newer carpet and so much more. Las Palmas community is full of activities and amenities including a large swimming pool, hot tub, tennis, pickleball, billiards, fitness center, and arts, crafts and clubs for all!
-
2025-01-30price $165,000 632-char remark
Show marketing remark (632 chars)
This sought after open floor plan with NEW ROOF, NEW A/C, 2 bed 2 bath + tiled AZ room and storage shed with work bench is move in ready just for you! This Cavco built, Bel Air model is conveniently located in the desirable Las Palmas Grand community. Additional upgrades include interior/exterior paint, sun screens, primary bath vanity with double sink, custom kitchen cabinets, oversized island with granite counter, newer carpet and so much more. Las Palmas community is full of activities and amenities including a large swimming pool, hot tub, tennis, pickleball, billiards, fitness center, and arts, crafts and clubs for all!
-
2025-01-16price $172,500 632-char remark
Show marketing remark (632 chars)
This sought after open floor plan with NEW ROOF, NEW A/C, 2 bed 2 bath + tiled AZ room and storage shed with work bench is move in ready just for you! This Cavco built, Bel Air model is conveniently located in the desirable Las Palmas Grand community. Additional upgrades include interior/exterior paint, sun screens, primary bath vanity with double sink, custom kitchen cabinets, oversized island with granite counter, newer carpet and so much more. Las Palmas community is full of activities and amenities including a large swimming pool, hot tub, tennis, pickleball, billiards, fitness center, and arts, crafts and clubs for all!
-
2024-12-02price $175,000 632-char remark
Show marketing remark (632 chars)
This sought after open floor plan with NEW ROOF, NEW A/C, 2 bed 2 bath + tiled AZ room and storage shed with work bench is move in ready just for you! This Cavco built, Bel Air model is conveniently located in the desirable Las Palmas Grand community. Additional upgrades include interior/exterior paint, sun screens, primary bath vanity with double sink, custom kitchen cabinets, oversized island with granite counter, newer carpet and so much more. Las Palmas community is full of activities and amenities including a large swimming pool, hot tub, tennis, pickleball, billiards, fitness center, and arts, crafts and clubs for all!
-
2024-11-17$189,900 Active 632-char remark
Show marketing remark (632 chars)
This sought after open floor plan with NEW ROOF, NEW A/C, 2 bed 2 bath + tiled AZ room and storage shed with work bench is move in ready just for you! This Cavco built, Bel Air model is conveniently located in the desirable Las Palmas Grand community. Additional upgrades include interior/exterior paint, sun screens, primary bath vanity with double sink, custom kitchen cabinets, oversized island with granite counter, newer carpet and so much more. Las Palmas community is full of activities and amenities including a large swimming pool, hot tub, tennis, pickleball, billiards, fitness center, and arts, crafts and clubs for all!
ⓘ 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 5/10 Major
- Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $23,357
- − Mortgage interest
- −$10,923
- − Property taxes
- −$2,925
- − Insurance
- −$975
- − Repairs & maintenance
- −$1,869
- − Management
- −$1,869
- − Depreciation
- −$5,673
- Taxable loss
- −$876
- Est. tax savings @ 24.0%
- +$210
- After-tax cash flow
- $2,491/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 · 2 photos
This home requires extensive repairs and updates to bring it up to modern standards, significantly impacting its resale and rental value.
Repairs flagged
- Major Kitchen cabinets — Worn and outdated
- Major Bathroom fixtures — Older and worn
- Major Exterior siding — Worn and in need of repainting
- Major Flooring — Older carpet, worn
- Major Interior walls — Older paint, worn
- Major Windows — Older frames, worn
Value-add opportunities
- Resale New kitchen cabinets and countertops — Modernizes the kitchen and adds value
- Resale New bathroom fixtures — Modernizes the bathroom and adds value
- Resale New exterior siding and paint — Enhances curb appeal and adds value
- Resale New flooring — Modernizes the living space and adds value
- Resale New interior paint — Modernizes the interior and adds value
- Resale New windows — Enhances energy efficiency and adds value
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| Kitchen cabinets · Worn and outdated | Major | $15,000–50,000 |
| Bathroom fixtures · Older and worn | Major | $15,000–50,000 |
| Exterior siding · Worn and in need of repainting | Major | $15,000–50,000 |
| Flooring · Older carpet, worn | Major | $15,000–50,000 |
| Interior walls · Older paint, worn | Major | $15,000–50,000 |
| Windows · Older frames, worn | Major | $15,000–50,000 |
| Total estimated repair cost · 6 items | $90,000–300,000 |
Value-add ROI direction
- Resale New kitchen cabinets and countertops — Modernizes the kitchen and adds value ↑
- Resale New bathroom fixtures — Modernizes the bathroom and adds value ↑
- Resale New exterior siding and paint — Enhances curb appeal and adds value ↑
- Resale New flooring — Modernizes the living space and adds value ↑
- Resale New interior paint — Modernizes the interior and adds value ↑
- Resale New windows — Enhances energy efficiency and adds value ↑
ⓘ 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
- Gilbert Unified District (4239)
- NCES district ID
- 0403400
- Math proficiency
- 49% ▼ -8.00%
- Reading proficiency
- 52% ▼ -7.00%
- Median HH income
- $74,715
- Composite
- 45.55/100
- National rank
- #2600
- State rank
- #38 of 249 in AZ
Livability — Mesa
- Score
- 79/100
- State rank
- #6
- US rank
- #2034
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Mesa, AZ
- County
- Maricopa County · 4,537,380 people
- City population
- 555,266
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 43,150
- Household income
- $84,432
- Rent vs Own
- Severe rent burden
- 972.0
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 White (72%)
- Race & ethnicity
- White 72% Hispanic / Latino 15% Two or more races 9% Black 4% Asian 3%
- Hispanic origin (detail)
- Mexican 11%
- Common ancestry
- Portuguese 4% Romanian 3% Lithuanian 3%
- Foreign-born
- 9% · Canada, China, Vietnam
- Languages at home
- 87% English-only · Spanish 9% Tagalog/Filipino 1% Chinese 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
- ▲ 1.44%
- Current HPI
- 277.6198
- Rent YoY
- ▲ 0.54%
- 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
+2.7% since first listed8 events — show timeline
- 2026-04-08 Listed $195,000 ARMLS
- 2025-03-10 Sold (MLS) $160,000 ARMLS
- 2025-03-06 Pending — ARMLS
- 2025-02-17 Contingent — ARMLS
- 2025-01-30 Price Changed $165,000 ARMLS
- 2025-01-16 Price Changed $172,500 ARMLS
- 2024-12-02 Price Changed $175,000 ARMLS
- 2024-11-17 Listed $189,900 ARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…