2501 W Wickenburg Way 22 -- · Wickenburg, AZ
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.67%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 8/10 · Major
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 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 +15.0/30.0
- ARV discount +7.5/15.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Livability +3.5/5.0
- Schools +2.9/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$11,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover this charming 1973 mobile home located in West Park, a desirable 55+ community in Wickenburg, This 2b/1b home offers 1,152 sq ft of comfortable living space. Brand new A/C, a functional kitchen with ample cabinetry and a bright, spacious living area ideal for relaxing or entertaining, while sliding glass doors open to a bright Arizona room, perfect for enjoying Wickenburg's year-round sunshine. The primary bedroom features a large walk-in closet. Off the kitchen is direct access to the covered carport for added convenience. West Park offers a quiet, friendly lifestyle close to downtown Wickenburg shopping, dining, medical services, and community events. A great affordable opportunity!
Key facts
- Functional kitchen
- Bright arizona room
- Covered carport
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath land listed at $12k.
Deal economics
- At list price, monthly cash flow is $1k ($17k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $12k).
- Recommended offer: $10k (12.0% below list) — sets the bar for market timing.
- Cap rate 145.0% vs local median 3.0% in Wickenburg — 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 70/100 on livability (#41 in AZ) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A-; Watch: schools D+, amenities F, commute F.
- Wickenburg Unified District (4236) (rural): math 33% / reading 35% proficiency, ranked #92 of 249 in AZ (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 378 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
- This rent runs 32% of the median local income ($69k/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 $82 of loan paydown is wiped out by about $357 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 + 3.0% rent growth), your $3k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 181 days — a 12% lower offer ($10k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: major flood risk; moderate wildfire risk; extreme-heat days projected 7→18/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 181 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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.
- 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?
- 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
- 15.51% ✓
- Cap rate
- 144.99%
- Cash-on-cash
- 495.36%
- DSCR
- 23.04
- GRM
- 0.5
CMA / ARV
- ARV (median comp)
- $26,001
- List price
- $11,900
- Delta
- -54.23%
- Verdict
- UNDERPRICED
- Comps
- 11 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 26.72×
- Total profit
- $85,703
- Equity at exit
- $1,774
- IRR
- —
- Equity multiple
- 57.29×
- Total profit
- $187,546
- Equity at exit
- $1,029
Cash invested: $3,332 (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 85390
- Home prices YoY
- -17.4%
- Active inventory
- 378
- Price-to-rent
- 0.5×
Monthly cashflow live
- Estimated rent
- $1,845 high interval (Pro) →
- Mortgage (P&I)
- −$62
- Tax est. 1.5%
- −$15 /mo · $178/yr
- Insurance
- −$5
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$387
- Net cashflow
- $1,375
Break-even live
Sensitivity live
| Price | -10% $1,384 | -5% $1,380 | +0% $1,375 | +5% $1,371 | +10% $1,367 |
|---|---|---|---|---|---|
| Rent | -10% $1,230 | -5% $1,303 | +0% $1,375 | +5% $1,448 | +10% $1,521 |
| Rate | -1.0pp $1,381 | -0.5pp $1,378 | base $1,375 | +0.5pp $1,372 | +1.0pp $1,369 |
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
- $2,975
- Closing costs
- $357
- 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 6 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2159 W Terrace Dr Wickenburg, AZ | 3.0 | 2.0 | 1304 | $2,100 | $1.61 | 44d | 1 | 0.87mi |
| 2110 W Terrace Dr Wickenburg, AZ | 3.0 | 2.0 | 1358 | $1,600 | $1.18 | 25d | 1 | 0.96mi |
| 540 S West Rd Wickenburg, AZ | 2.0 | 1.0 | 792 | $1,700 | $2.15 | 25d | 1 | 1.06mi |
| 540 S West Rd #24 Wickenburg, AZ | 3.0 | 1.0 | 894 | $2,200 | $2.46 | 25d | 1 | 1.06mi |
| 540 S West Rd Unit 20 Wickenburg, AZ | 2.0 | 1.0 | 792 | $1,800 | $2.27 | 25d | 1 | 1.07mi |
| 540 S West Rd Unit 21 Wickenburg, AZ | 2.0 | 1.0 | 792 | $1,800 | $2.27 | 22d | 1 | 1.07mi |
Listing history 20 events
-
2026-06-18days on market $11,900 Active 181 DOM
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2026-06-17days on market $11,900 Active 180 DOM
-
2026-06-16days on market $11,900 Active 179 DOM
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2026-06-15days on market $11,900 Active 178 DOM
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2026-06-13days on market $11,900 Active 176 DOM
-
2026-06-13days on market $11,900 Active 175 DOM
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2026-06-09days on market $11,900 Active 172 DOM
-
2026-06-08days on market $11,900 Active 171 DOM
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2026-06-07days on market $11,900 Active 170 DOM
-
2026-06-04days on market $11,900 Active 167 DOM
-
2026-06-03days on market $11,900 Active 166 DOM
-
2026-06-02days on market $11,900 Active 165 DOM
-
2026-06-01days on market $11,900 Active 164 DOM
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2026-05-31days on market $11,900 Active 163 DOM
-
2026-05-05price $11,900 702-char remark
Show marketing remark (702 chars)
Discover this charming 1973 mobile home located in West Park, a desirable 55+ community in Wickenburg, This 2b/1b home offers 1,152 sq ft of comfortable living space. Brand new A/C, a functional kitchen with ample cabinetry and a bright, spacious living area ideal for relaxing or entertaining, while sliding glass doors open to a bright Arizona room, perfect for enjoying Wickenburg's year-round sunshine. The primary bedroom features a large walk-in closet. Off the kitchen is direct access to the covered carport for added convenience. West Park offers a quiet, friendly lifestyle close to downtown Wickenburg shopping, dining, medical services, and community events. A great affordable opportunity!
-
2026-03-03price $14,900 702-char remark
Show marketing remark (702 chars)
Discover this charming 1973 mobile home located in West Park, a desirable 55+ community in Wickenburg, This 2b/1b home offers 1,152 sq ft of comfortable living space. Brand new A/C, a functional kitchen with ample cabinetry and a bright, spacious living area ideal for relaxing or entertaining, while sliding glass doors open to a bright Arizona room, perfect for enjoying Wickenburg's year-round sunshine. The primary bedroom features a large walk-in closet. Off the kitchen is direct access to the covered carport for added convenience. West Park offers a quiet, friendly lifestyle close to downtown Wickenburg shopping, dining, medical services, and community events. A great affordable opportunity!
-
2026-02-08price $19,900 702-char remark
Show marketing remark (702 chars)
Discover this charming 1973 mobile home located in West Park, a desirable 55+ community in Wickenburg, This 2b/1b home offers 1,152 sq ft of comfortable living space. Brand new A/C, a functional kitchen with ample cabinetry and a bright, spacious living area ideal for relaxing or entertaining, while sliding glass doors open to a bright Arizona room, perfect for enjoying Wickenburg's year-round sunshine. The primary bedroom features a large walk-in closet. Off the kitchen is direct access to the covered carport for added convenience. West Park offers a quiet, friendly lifestyle close to downtown Wickenburg shopping, dining, medical services, and community events. A great affordable opportunity!
-
2025-12-18$25,000 Active 702-char remark
Show marketing remark (702 chars)
Discover this charming 1973 mobile home located in West Park, a desirable 55+ community in Wickenburg, This 2b/1b home offers 1,152 sq ft of comfortable living space. Brand new A/C, a functional kitchen with ample cabinetry and a bright, spacious living area ideal for relaxing or entertaining, while sliding glass doors open to a bright Arizona room, perfect for enjoying Wickenburg's year-round sunshine. The primary bedroom features a large walk-in closet. Off the kitchen is direct access to the covered carport for added convenience. West Park offers a quiet, friendly lifestyle close to downtown Wickenburg shopping, dining, medical services, and community events. A great affordable opportunity!
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2011-07-06soldstatus $10,658,150
-
1997-12-08soldstatus $4,058,000
ⓘ 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 6/10 Major FEMA zone X (shaded) · 67% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 8/10 Severe 7 d/yr ≥109°F today · 18 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
- $22,142
- − Mortgage interest
- −$667
- − Property taxes
- −$178
- − Insurance
- −$60
- − Repairs & maintenance
- −$1,771
- − Management
- −$1,771
- − Depreciation
- −$346
- Taxable income
- $17,349
- Est. tax owed @ 24.0%
- −$4,164
- After-tax cash flow
- $12,342/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
- Wickenburg Unified District (4236)
- NCES district ID
- 0409190
- Math proficiency
- 33% ▼ -10.00%
- Reading proficiency
- 35% ▼ -7.00%
- Median HH income
- $47,369
- Composite
- 29.27/100
- National rank
- #6560
- State rank
- #92 of 249 in AZ
Livability — Wickenburg
- Score
- 70/100
- State rank
- #41
- US rank
- #7975
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Wickenburg, AZ
- County
- Maricopa County · 4,537,380 people
- City population
- 10,298
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 10,298
- Household income
- $68,591
- Rent vs Own
- Severe rent burden
- 251.0
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 (88%)
- Race & ethnicity
- White 88% Hispanic / Latino 7% Two or more races 4% Native American 1%
- Hispanic origin (detail)
- Mexican 5%
- Common ancestry
- Portuguese 3% Lithuanian 3% Slovak 2%
- Foreign-born
- 3% · Canada
- Languages at home
- 93% English-only · Spanish 5%
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
- ▼ -66.26%
- Current HPI
- 314.3169
- Rent YoY
- —
- 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
-99.7% since first listed6 events — show timeline
- 2026-05-05 Price Changed $11,900 ARMLS
- 2026-03-03 Price Changed $14,900 ARMLS
- 2026-02-08 Price Changed $19,900 ARMLS
- 2025-12-18 Listed $25,000 ARMLS
- 2011-07-06 Sold (Public Records) $10,658,150 Public Records
- 1997-12-08 Sold (Public Records) $4,058,000 Public Records
Property tax history
-3.7%/yrLatest (2025): $722 · -1.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…