10025 S Driftwood Cir · Arizona Village, AZ
Flood risk 3/10 · Minor
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.16%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 9/10 · Severe
- Hot days now (above 117°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 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 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 +21.6/30.0
- Appreciation +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +6.9/10.0
- 1% rule +5.0/10.0
- Livability +2.8/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
$110,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
X marks the spot and here lies the future treasure. Now offered at the newly reduced price of $110,000, this Mohave Valley opportunity is ready for someone willing to roll up their sleeves and uncover the value. This 2-bedroom, 2-bath home with approximately 838 sq ft offers a split floor plan, vaulted ceilings, an open kitchen layout, and a detached garage, all situated on a 6,970 sq ft lot in Bermuda Colony. Let's be honest this one needs some work. But every great treasure starts out a little buried. With the right updates and vision, this property has the potential to become a comfortable full-time home, winter retreat, or investment project. A versatile bonus space adds additional opt
Key facts
- Split floor plan
- Vaulted ceilings
- Open kitchen layout
Tags
Property features AI
Finance
- Other: Zoned RMH (Residential Mobile Homes)
- Financial info: No investor or income/expense details provided
- HOA & community: Located in Bermuda Colony subdivision
Exterior
- Parking: Detached 1-car garage
- Security: Not specified
- Utilities: Public water; Septic sewer
- Home design: Manufactured (single wide); Residential property; Entry includes casual dining area
- Construction: Shingle roof
- Exterior features: Privacy wood fencing; No pool
Interior
- Kitchen: Electric oven; Electric range; Refrigerator; Laminate counters
- Bedrooms: Manufactured home bedrooms (details not specified)
- Flooring: Not specified
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric); Central air; Ceiling fans
- Interior features: Ceiling fans; Laminate countertops; Vaulted ceilings; Walk-in closet(s)
- Laundry & utility: Water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath single-family listed at $110k.
Deal economics
- At list price, monthly cash flow is $167 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $110k).
- Recommended offer: $103k (6.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 56/100 on livability (#252 in AZ) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: health & safety C-, schools F, amenities F.
- Colorado River Union High School District (4381) (town): math 13% / reading 17% proficiency, ranked #213 of 249 in AZ (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: 217 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,543 units permitted in Mohave County in 2024 (33 in 5+ unit buildings).
Forward outlook
- In year one you build about $12k of equity ($761 loan paydown + $11k appreciation (10.0% local appreciation)).
- Mohave County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (10.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 64 days — a 6% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts 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 $19k; list at $110k implies a 479% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→16/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 64 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- 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 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?
- 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
- 8.12%
- Cash-on-cash
- 6.51%
- DSCR
- 1.29
- GRM
- 8.3
CMA / ARV
No comps found within radius.
Projected returns pro-forma
10.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 29.0%
- Equity multiple
- 3.29×
- Total profit
- $70,535
- Equity at exit
- $99,097
- IRR
- 25.2%
- Equity multiple
- 7.47×
- Total profit
- $199,304
- Equity at exit
- $213,706
Cash invested: $30,800 (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 86440
- Home prices YoY
- 4.2%
- Active inventory
- 217
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $1,100 medium interval (Pro) →
- Mortgage (P&I)
- −$577
- Tax from tax record
- −$79 /mo · $950/yr
- Insurance
- −$46
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$231
- Net cashflow
- $167
Break-even live
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
- $27,500
- Closing costs
- $3,300
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 214 Spruce St Needles, CA | 1.0 | 1.0 | 542 | $1,100 | $2.03 | 44d | 1 | 1.43mi |
Listing history 9 events
-
2026-05-10status Pending
-
2026-03-07$110,000 Active
-
2025-12-15status Active
-
2025-11-11price $174,900
-
2025-09-28price $179,900
-
2025-08-29price $199,900
-
2025-07-15price $219,900
-
2025-07-04$229,900 Active
-
2016-06-29soldstatus $19,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast AZ · Resets to sale price
- Current annual tax
- $950 · $79/mo
- Projected year-2 tax
- $950 · $79/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (shaded) · 16% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥117°F today · 16 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
- $13,200
- − Mortgage interest
- −$6,162
- − Property taxes
- −$950
- − Insurance
- −$550
- − Repairs & maintenance
- −$1,056
- − Management
- −$1,056
- − Depreciation
- −$3,200
- Taxable income
- $226
- Est. tax owed @ 24.0%
- −$54
- After-tax cash flow
- $1,951/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
- Colorado River Union High School District (4381)
- NCES district ID
- 0400082
- Math proficiency
- 13% ▼ -17.00%
- Reading proficiency
- 17% ▼ -18.00%
- Median HH income
- $39,132
- Composite
- 12.72/100
- National rank
- #9603
- State rank
- #213 of 249 in AZ
Livability — Arizona Village
- Score
- 56/100
- State rank
- #252
- US rank
- #22996
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 8,403
Population outlook (Mohave County) Hauer SSP2
- Today (2025)
- 209,184 people
- By 2030
- 209,674 · +0.2%
- By 2040
- 205,897 · -1.6%
- By 2050
- 196,810 · -5.9%
- By 2075
- 169,454 · -19.0%
- By 2100
- 136,630 · -34.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (73%)
- Race & ethnicity
- White 73% Hispanic / Latino 20% Two or more races 11% Native American 4%
- Hispanic origin (detail)
- Mexican 11%
- Common ancestry
- Lithuanian 3% Iranian 2% Italian 2%
- Foreign-born
- 1% · Canada
- Languages at home
- 96% English-only · Spanish 3%
Political lean MEDSL · Mohave
- 2024 margin
- Solid R (+55.8) · D 21.8% · R 77.6%
- 2008→2024 swing
- -22.9pp toward R · 2008: -32.9pp · 2024: -55.8pp
- All cycles
- 2024: R+55.8 2020: R+51.3 2016: R+51.5 2012: R+42.6 2008: R+32.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 13.05%
- Current HPI
- 322.7772
- Rent YoY
- —
- Metro
- —
- 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
+478.9% since first listed9 events — show timeline
- 2026-05-10 Pending — WARDEX
- 2026-03-07 Listed $110,000 WARDEX
- 2025-12-15 Relisted — WARDEX
- 2025-11-11 Price Changed $174,900 WARDEX
- 2025-09-28 Price Changed $179,900 WARDEX
- 2025-08-29 Price Changed $199,900 WARDEX
- 2025-07-15 Price Changed $219,900 WARDEX
- 2025-07-04 Listed $229,900 WARDEX
- 2016-06-29 Sold (Public Records) $19,000 Public Records
Property tax history
+14.8%/yrLatest (2025): $950 · +15.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…