CashFlowRE
Sign in Sign up
2605 S Tomahawk Rd #278
C- Composite 53.05
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 +22.5/30.0
  • 1% rule +7.5/10.0
  • DSCR +7.5/10.0
  • ARV discount +7.5/15.0
  • Livability +3.3/5.0
  • Rent growth +2.9/5.0
  • Appreciation +2.5/10.0
  • Condition / age +2.2/5.0
  • Schools +1.7/10.0
  • Manufactured-home adj. -4.6

$47,900

2605 S Tomahawk Rd #278 · Apache Junction, AZ 85119
2 bd · 2.0 ba · 1,248 sqft · Manufactured · 81 Days on market
Manufactured home 55+ age-restricted Built 1973 Fair condition $38/sqft · 61% below area

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

Listing remarks

TWO MO FREE RENT! Enjoy the Superstition Mountain view from this clean and neat ''oldie but goodie'' 2BR 2BA Furnished home. There's even fencing for your pet. It's on a corner with a very large covered patio area in the desirable 55+ Raindance Mobile home Park. There's also a shed for storage and/or workshop & a shed for garden tools. The kitchen offers recessed lighting, plenty of cabinets, a built in breakfast bar and a large pantry. Retreat to your unique primary bedroom with a desk and even a sink for convenience. There's a fenced in back yard that is very rare plus a dog park across the street.

Key facts

  • Shed for storage
  • Community center
  • Large covered patio

Tags

SUPERSTITION MOUNTAIN VIEWCORNER LOTLARGE COVERED PATIOSHED FOR STORAGEFENCED IN BACK YARDCOMMUNITY CENTER

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $48k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $616 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $48k).
  • Recommended offer: $45k (6.0% below list) — sets the bar for market timing.
  • Cap rate 21.7% vs local median 3.1% in Apache Junction — 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 66/100 on livability (#70 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities F, commute F.
  • Apache Junction Unified District (4443) (suburban): math 15% / reading 20% proficiency, ranked #195 of 249 in AZ (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Desert Vista Elementary School (math 18% / reading 23%, grade F, #729 of 1,109 statewide, top 67%, 536 students, 50% FRL); Cactus Canyon Junior High (math 14% / reading 19%, grade F, #151 of 218 statewide, top 70%, 702 students, 50% FRL); Apache Junction High School (math 12% / reading 17%, grade F, #267 of 381 statewide, top 72%, 999 students, 48% FRL) — zoned schools at 49% FRL track the district average.
  • Market conditions: Rents rising (+1.6%/yr); 425 active listings in the ZIP; 34 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; 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 $331 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 1.6% rent growth), your $13k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 81 days — a 6% lower offer ($45k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 3→9/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $45,026 (6.0% below list)

Questions for the listing agent

  1. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 6% 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
2.50%
Cap rate
21.71%
Cash-on-cash
55.08%
DSCR
3.45
GRM
3.3

CMA / ARV

ARV (median comp)
$122,000
List price
$47,900
Delta
-60.74%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2605 S Tomahawk Rd #181 0.05mi 3/2.0 (+1) 1,200 (-4%) 5mo $125,000 $104 82
2605 S Tomahawk Rd #46 0.08mi 2/2.0 1,344 (+8%) 7mo $57,900 $43 78
2359 S Tomahawk Rd 0.18mi 3/2.0 (+1) 1,297 (+4%) 7mo $170,000 $131 75
3500 S Tomahawk Rd #188 0.59mi 2/2.0 1,248 (0%) 3mo $75,000 $60 70
3500 S Tomahawk Rd #217 0.61mi 2/2.0 1,288 (+3%) 0mo $119,000 $92 66
3355 S Cortez Rd #66 0.65mi 2/1.5 1,260 (+1%) 9mo $109,000 $87 59
3500 S Tomahawk Rd #153 0.63mi 2/2.0 1,344 (+8%) 6mo $77,500 $58 53
1392 E 20th Ave 0.47mi 2/2.0 1,400 (+12%) 8mo $205,000 $146 52
3355 S Cortez Rd #98 0.65mi 2/2.0 1,356 (+9%) 7mo $110,000 $81 50
3700 S Tomahawk Rd #88 0.70mi 2/2.0 1,316 (+5%) 10mo $71,000 $54 49
2435 S Acacia Rd 0.55mi 2/1.0 1,348 (+8%) 10mo $833,000 $618 48
3700 S Tomahawk Rd #91 0.75mi 2/2.0 1,428 (+14%) 2mo $85,000 $60 39

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 · 1.57% rent growth · sell at horizon

5-year hold
IRR
51.7%
Equity multiple
3.22×
Total profit
$29,762
Equity at exit
$7,142
10-year hold
IRR
56.5%
Equity multiple
6.20×
Total profit
$69,695
Equity at exit
$4,142

Cash invested: $13,412 (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
23 active · 12 under contract
Months of supply
7.3 mo (14%/mo absorbed)
Median asking
$99,000 ($81/sqft)
Median days on market
135 d
This list price
9% of active listings are priced below it
ARV vs active asking
+20.7% above current asking $/sqft

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

ZIP-level market 85119

Home prices YoY
-33.5%
Rents YoY
1.6%
Active inventory
425
Price-to-rent
3.3×

Monthly cashflow live

Estimated rent
$1,198 high interval (Pro) →
Mortgage (P&I)
$251
Tax est. 1.5%
$60 /mo · $718/yr
Insurance
$20
HOA
$0
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$252
Net cashflow
$616

Break-even live

Break-even rent $419
Max offer price $47,900
Occupancy floor 44%

Sensitivity live

Price -10% $649 -5% $632 +0% $616 +5% $599 +10% $582
Rent -10% $521 -5% $568 +0% $616 +5% $663 +10% $710
Rate -1.0pp $640 -0.5pp $628 base $616 +0.5pp $603 +1.0pp $591

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
$11,975
Closing costs
$1,437
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 34 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1540 E 25th Ave Apache Junction, AZ 2.0 1.0 850 $995 $1.17 63d 1 0.15mi
1510 E 26th Ln Unit 2 Apache Junction, AZ 2.0 1.5 1160 $1,550 $1.34 49d 1 0.17mi
2560 S Yavapai Rd Unit 2 Apache Junction, AZ 2.0 1.0 800 $1,300 $1.62 39d 1 0.20mi
2580 S Yavapai Rd Unit 2 Apache Junction, AZ 2.0 1.0 840 $1,300 $1.55 24d 1 0.20mi
2692 S Yavapai Rd Unit 3 Apache Junction, AZ 2.0 1.0 850 $1,400 $1.65 8d 1 0.22mi
1551 E 28th Ave Unit 1 Apache Junction, AZ 2.0 1.0 840 $1,200 $1.43 18d 1 0.24mi
3405 S Tomahawk Rd Lot 15 Apache Junction, AZ 2.0 2.0 1216 $1,499 $1.23 37d 1 0.51mi
2247 S Arizona Rd Apache Junction, AZ 3.0 2.0 1168 $1,895 $1.62 18d 1 0.54mi
3283 S Bowman Rd Apache Junction, AZ 3.0 2.0 1387 $1,895 $1.37 39d 1 0.55mi
878 E Graham Ln Apache Junction, AZ 2.0 2.0 938 $1,595 $1.70 24d 1 0.58mi
3448 S Chaparral Rd Apache Junction, AZ 3.0 2.0 1186 $1,848 $1.56 61d 1 0.59mi
3333 S Conestoga Rd Apache Junction, AZ 3.0 2.0 1387 $2,900 $2.09 74d 1 0.61mi
700 E Quail Ave Apache Junction, AZ 3.0 2.0 1168 $1,699 $1.45 28d 1 0.68mi
2229 E 35th Ave Apache Junction, AZ 2.0 2.0 1401 $1,830 $1.31 0d 1 0.69mi
3700 S Tomahawk Rd Apache Junction, AZ 3.0 2.0 1232 $1,595 $1.29 0d 1 0.74mi
2962 E Mohave Ln Apache Junction, AZ 3.0 2.0 1400 $2,145 $1.53 19d 1 0.75mi
501 E Quail Ave Apache Junction, AZ 2.0 1.0 720 $1,150 $1.60 28d 1 0.80mi
501 E Quail Ave Apache Junction, AZ 2.0 1.0 720 $1,150 $1.60 55d 1 0.80mi
457 E Quail Ave Unit 3 Apache Junction, AZ 2.0 1.0 780 $1,250 $1.60 35d 1 0.81mi
705 E Kachina Ave Apache Junction, AZ 3.0 2.0 1400 $2,655 $1.90 55d 1 0.84mi
499 E Navajo Ave Unit 4 Apache Junction, AZ 2.0 1.0 750 $1,250 $1.67 0d 1 0.84mi
403 E Quail Ave Apache Junction, AZ 2.0 1.0 800 $1,350 $1.69 54d 1 0.85mi
603 E Hondo Ave Apache Junction, AZ 3.0 2.0 1283 $1,750 $1.36 28d 1 0.93mi
1297 E Broadway Ave Apache Junction, AZ 1.0–2.0 1.0–2.0 926 $2,350 $2.54 0d 24 1.03mi
975 S Royal Palm Rd Apache Junction, AZ 2.0–3.0 2.0 1000 $1,395 $1.40 0d 13 1.14mi
520 E Desert Ave Apache Junction, AZ 3.0 2.0 1378 $1,881 $1.37 31d 1 1.18mi
483 E 10th Ave Apt C Apache Junction, AZ 2.0 1.0 720 $1,100 $1.53 36d 1 1.22mi
451 E 10th Ave Unit 2 Apache Junction, AZ 2.0 1.0 850 $1,199 $1.41 3d 1 1.22mi
452 E 10th Ave Unit 104 Apache Junction, AZ 2.0 1.0 783 $1,000 $1.28 72d 1 1.26mi
25 W 16th Ave Apache Junction, AZ 3.0 2.0 1134 $1,699 $1.50 3d 1 1.26mi
2061 S Apache Dr Unit 1 Apache Junction, AZ 2.0 1.0 800 $995 $1.24 8d 1 1.27mi
2061 S Apache Dr Unit 1 Apache Junction, AZ 2.0 1.0 800 $995 $1.24 22d 1 1.27mi
522 E 9th Ave Unit 3 Apache Junction, AZ 2.0 2.0 700 $1,195 $1.71 0d 1 1.28mi
522 E 9th Ave Apache Junction, AZ 2.0 1.0 700 $1,195 $1.71 0d 1 1.28mi

Property features AI

Finance

Other
Directions: From Hwy 60 go north on Tomahawk. The entrance will be on the right. Go forward to Navajo. It's on the left on the corner.
HOA & community
Land lease (monthly)Land lease amount $786.87 per monthAssociation covers sewer, street maintenance, trash and waterCommunity poolPickleball courtsCommunity spa (heated)Fitness center

Exterior

Parking
1 covered parking space1 carport space
Security
Gated community
Utilities
City waterSeptic (in & connected)
Home design
Manufactured/mobile homeLeasehold ownershipMountain view
Construction
Vinyl sidingWood frame constructionRolled/hot mop roof
Exterior features
Private street(s)StorageGravel/stone frontGravel/stone backChain link fencing

Interior

Kitchen
PantryRefrigeratorBuilt-in electric oven
Bedrooms
2 possible bedrooms
Flooring
CarpetLaminateLinoleum
Bathrooms
2 full bathrooms
Heating & cooling
Has heatingCentral air conditioning
Interior features
9+ foot flat ceilingsFurnished (see remarks)No interior stepsPantryMaster bedroom with 3/4 bath
Laundry & utility
Laundry inside

Listing history 50 events

  1. 2026-08-09
    days on market $47,900 Active 81 DOM
  2. 2026-08-08
    days on market $47,900 Active 80 DOM
  3. 2026-08-06
    days on market $47,900 Active 78 DOM
  4. 2026-08-05
    days on market $47,900 Active 77 DOM
  5. 2026-08-04
    days on market $47,900 Active 76 DOM
  6. 2026-08-03
    days on market $47,900 Active 75 DOM
  7. 2026-07-31
    days on market $47,900 Active 72 DOM
  8. 2026-07-30
    days on market $47,900 Active 71 DOM
  9. 2026-07-30
    days on market $47,900 Active 70 DOM
  10. 2026-07-28
    days on market $47,900 Active 69 DOM
  11. 2026-07-26
    days on market $47,900 Active 67 DOM
  12. 2026-07-24
    days on market $47,900 Active 65 DOM
  13. 2026-07-23
    days on market $47,900 Active 64 DOM
  14. 2026-07-22
    days on market $47,900 Active 63 DOM
  15. 2026-07-21
    days on market $47,900 Active 62 DOM
  16. 2026-07-20
    days on market $47,900 Active 61 DOM
  17. 2026-07-18
    days on market $47,900 Active 59 DOM
  18. 2026-07-18
    days on market $47,900 Active 58 DOM
  19. 2026-07-16
    days on market $47,900 Active 57 DOM
  20. 2026-07-15
    days on market $47,900 Active 56 DOM
  21. 2026-07-14
    days on market $47,900 Active 55 DOM
  22. 2026-07-13
    days on market $47,900 Active 54 DOM
  23. 2026-07-13
    days on market $47,900 Active 53 DOM
  24. 2026-07-11
    days on market $47,900 Active 52 DOM
  25. 2026-07-10
    days on market $47,900 Active 51 DOM
  26. 2026-07-09
    days on market $47,900 Active 50 DOM
  27. 2026-07-07
    days on market $47,900 Active 48 DOM
  28. 2026-07-06
    days on market $47,900 Active 47 DOM
  29. 2026-07-06
    days on market $47,900 Active 46 DOM
  30. 2026-07-05
    days on market $47,900 Active 45 DOM
  31. 2026-07-03
    days on market $47,900 Active 44 DOM
  32. 2026-07-02
    days on market $47,900 Active 43 DOM
  33. 2026-07-01
    days on market $47,900 Active 42 DOM
  34. 2026-06-30
    days on market $47,900 Active 41 DOM
  35. 2026-06-29
    days on market $47,900 Active 40 DOM
  36. 2026-06-28
    days on market $47,900 Active 39 DOM
  37. 2026-06-27
    days on market $47,900 Active 38 DOM
  38. 2026-06-26
    days on market $47,900 Active 37 DOM
  39. 2026-06-24
    days on market $47,900 Active 35 DOM
  40. 2026-06-22
    days on market $47,900 Active 33 DOM
  41. 2026-06-21
    days on market $47,900 Active 32 DOM
  42. 2026-06-18
    days on market $47,900 Active 29 DOM
  43. 2026-06-17
    days on market $47,900 Active 28 DOM
  44. 2026-06-16
    days on market $47,900 Active 27 DOM
  45. 2026-06-15
    days on market $47,900 Active 26 DOM
  46. 2026-06-13
    days on market $47,900 Active 24 DOM
  47. 2026-06-09
    days on market $47,900 Active 20 DOM
  48. 2026-06-08
    days on market $47,900 Active 19 DOM
  49. 2026-06-07
    days on market $47,900 Active 18 DOM
  50. 2026-06-04
    days on market $47,900 Active 15 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 6/10 Major
  • 🌡 Heat 8/10 Severe 3 d/yr ≥111°F today · 9 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
$14,379
− Mortgage interest
−$2,683
− Property taxes
−$718
− Insurance
−$240
− Repairs & maintenance
−$1,150
− Management
−$1,150
− Depreciation
−$1,393
Taxable income
$7,043
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,690
After-tax cash flow
$5,696/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 · 30 photos

Fair 45/100 Moderate rehab Est. rehab $31,200–$56,160 screening

This manufactured home requires moderate renovations to update the kitchen and bathrooms, which would significantly increase its resale and rental value.

Repairs flagged

  • Major kitchen cabinets — dated design
  • Major bathroom fixtures — basic design
  • Major kitchen appliances — old and outdated

Value-add opportunities

  • Resale update kitchen cabinets — modern design
  • Resale update bathroom fixtures — modern design
  • Both paint interior walls — enhances curb appeal and interior aesthetics

ⓘ Rehab cost is a screening estimate — Moderate 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.

F Composite school gradezoned avg 17/100

Zoned Schools

Elementary Desert Vista Elementary School F AZ #729/1,109 Nat'l #33,158/41,679 Middle Cactus Canyon Junior High F AZ #151/218 Nat'l #12,406/14,009 High Apache Junction High School F AZ #267/381 Nat'l #15,534/17,239

Schools (NCES district)

District
Apache Junction Unified District (4443)
NCES district ID
0400790
Math proficiency
15% ▼ -17.00%
Reading proficiency
20% ▼ -13.00%
Median HH income
$44,930
Composite
15.34/100
National rank
#9325
State rank
#195 of 249 in AZ
C Composite livability gradescore 66/100

Livability — Apache Junction

Score
66/100
State rank
#70
US rank
#11242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Pinal County · 437,574 people
City population
56,611
Metro
Phoenix-Mesa-Chandler, AZ
Population (ZIP)
25,420
Household income
$71,585
Rent vs Own
20.1% rent · 79.9% own
Severe rent burden
12% of renters

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
Predominantly White (74%)
Race & ethnicity
White 74% Hispanic / Latino 19% Two or more races 12% Black 2% Asian 1%
Hispanic origin (detail)
Mexican 17%
Common ancestry
Slovak 5% Portuguese 3% Lithuanian 3%
Foreign-born
8% · Canada
Languages at home
87% English-only · Spanish 11%

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

Price history

1 event — show timeline
  • 2026-05-20 Listed $47,900 ARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…