3704 S Finch Cir · Sierra Vista Southeast, AZ 85650

$129,900

3 bd · 2.0 ba · 1,536 sqft · Manufactured public records · 220 Days on market

Built 1981 10,324 sqft lot $85/sqft · 20% below area Est $163k · 20% under $45/mo HOA · 2% of rent

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• Livability +3.2/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

Key facts

• Ramp for access
• Back yard enclosed
• Large storage shed

Tags

• BACK YARD ENCLOSED
• LARGE STORAGE SHED
• TWO SIDED BREAKFAST BAR
• FULL LENGTH COVERED PATIOS
• RAMP FOR ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $130k.

Deal economics

• At list price, monthly cash flow is $679 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.6% vs local median 4.5% in Sierra Vista Southeast — 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 63/100 on livability (#113 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B+; Watch: crime C-, schools D, amenities F.
• Sierra Vista Unified District (4175) (urban): math 27% / reading 39% proficiency, ranked #93 of 249 in AZ (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 103 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 437 units permitted in Cochise County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Cochise County population projected at -30% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 220 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 5 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.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 220 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.49% ✓
• Cap rate: 12.57%
• Cash-on-cash: 22.41%
• DSCR: 2.00
• GRM: 5.6

CMA / ARV

• ARV (median comp): $163,320
• List price: $129,900
• Delta: -20.46%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4906 S Tumbleweed Pl	0.21mi	2/2.0 (-1)	1,512 (-2%)	6mo	$131,900	$87	78
3781 E Holly Pl	0.19mi	2/2.0 (-1)	1,457 (-5%)	0mo	$145,000	$100	77
3807 S Ironwood Cir	0.23mi	4/1.5 (+1)	1,602 (+4%)	7mo	$149,900	$94	69
5219 E Goldfinch Cir	0.27mi	3/2.0	1,538 (+0%)	24mo	$160,000	$104	68
4912 S Tumbleweed Pl	0.23mi	2/2.0 (-1)	1,442 (-6%)	11mo	$179,500	$124	64
3843 S Ironwood Cir	0.28mi	4/2.0 (+1)	1,459 (-5%)	12mo	$179,900	$123	63
5329 E Goldfinch Cir	0.36mi	2/2.0 (-1)	1,490 (-3%)	13mo	$177,500	$119	62
5405 E Gambel Quail Pl	0.44mi	3/2.0	1,490 (-3%)	18mo	$148,000	$99	59
5124 E Goldfinch Cir	0.21mi	3/2.0	1,760 (+15%)	22mo	$175,000	$99	48

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.2%
• Equity multiple: 1.61×
• Total profit: $22,211
• Equity at exit: $19,369

10-year hold

• IRR: 23.9%
• Equity multiple: 3.06×
• Total profit: $75,044
• Equity at exit: $11,231

Cash invested: $36,372 (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 85650

• Active inventory: 103
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,936 high
• Mortgage (P&I): −$681
• Tax from tax record: −$70 /mo · $834/yr
• Insurance: −$54
• HOA: −$45
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $679

Break-even live

Break-even rent $1,076

Max offer price $129,900

Occupancy floor 60%

Sensitivity live

Price	-10% $753	-5% $716	+0% $679	+5% $642	+10% $606
Rent	-10% $526	-5% $603	+0% $679	+5% $756	+10% $832
Rate	-1.0pp $745	-0.5pp $712	base $679	+0.5pp $646	+1.0pp $611

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4413 Redwood St Sierra Vista, AZ	3.0	2.0	1358	$1,700	$1.25	44d	1	0.55mi
4488 Resort Dr Sierra Vista, AZ	3.0	2.0	1401	$1,700	$1.21	44d	1	0.56mi
3817 Camino Arroyo Sierra Vista, AZ	4.0	2.0	2126	$1,850	$0.87	44d	1	0.87mi
3507 Trevino Dr Sierra Vista, AZ	3.0	2.0	1840	$1,850	$1.01	44d	1	1.32mi
3716 Barahona Dr Sierra Vista, AZ	4.0	2.0	2033	$1,850	$0.91	44d	1	1.37mi
3114 Candlewood Way Sierra Vista, AZ	2.0	2.0	1705	$1,700	$1.00	44d	1	1.46mi

HOA detail

• Monthly dues: $45 · $540/yr

Listing history 26 events

1. 2026-06-19
   days on market $129,900 Active 220 DOM
2. 2026-06-18
   days on market $129,900 Active 219 DOM
3. 2026-06-17
   days on market $129,900 Active 218 DOM
4. 2026-06-16
   days on market $129,900 Active 217 DOM
5. 2026-06-15
   days on market $129,900 Active 216 DOM
6. 2026-06-14
   days on market $129,900 Active 214 DOM
7. 2026-06-12
   days on market $129,900 Active 213 DOM
8. 2026-06-09
   days on market $129,900 Active 210 DOM
9. 2026-06-08
   days on market $129,900 Active 209 DOM
10. 2026-06-07
    days on market $129,900 Active 208 DOM
11. 2026-06-05
    days on market $129,900 Active 205 DOM
12. 2026-06-03
    days on market $129,900 Active 204 DOM
13. 2026-06-02
    days on market $129,900 Active 203 DOM
14. 2026-06-01
    days on market $129,900 Active 202 DOM
15. 2026-05-31
    days on market $129,900 Active 201 DOM
16. 2026-05-30
    days on market $129,900 Active 200 DOM
17. 2026-05-11
    status Active 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

18. 2026-04-16
    historical Under Contract Accepting Backups 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

19. 2026-03-07
    status Active 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

20. 2026-02-15
    historical Under Contract Accepting Backups 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

21. 2026-02-15
    listed $129,900 Active 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

22. 2026-02-12
    soldstatus Closed 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

23. 2026-01-23
    historical Under Contract Accepting Backups 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

24. 2025-11-21
    status Active 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

25. 2025-11-11
    historical Under Contract Accepting Backups 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

26. 2025-11-04
    listed $129,900 Active 536-char remark

    Show marketing remark (536 chars)

    1,536 square foot, 3 bedroom, 2 bath home on a lot that is just under quarter of an acre. Entire back yard enclosed with chain link fencing. Large storage shed. Home offers a very large living room. formal dining room, kitchen with two sided breakfast bar. Laminate flooring through out except in kitchen and utility. The large utility room has additional storage and base cabinet with countertop. The front and back of home have full length covered patios. Front entrance offers a ramp for access. Home does need some work. Sold As Is.

ⓘ 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: $834 · $70/mo
• Projected year-2 tax: $857 · $71/mo
• Expected delta: +$23/yr (+$2/mo · 2.8%)

ⓘ 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 (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 5/10 Major 7 d/yr ≥97°F today · 19 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: $23,226
• − Mortgage interest: −$7,276
• − Property taxes: −$834
• − Insurance: −$650
• − Repairs & maintenance: −$1,858
• − Management: −$1,858
• − HOA: −$540
• − Depreciation: −$3,779
• Taxable income: $6,431
• Est. tax owed @ 24.0%: −$1,543
• After-tax cash flow: $6,607/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: Sierra Vista Unified District (4175)
• NCES district ID: 0401460
• Math proficiency: 27% ▼ -19.00%
• Reading proficiency: 39% ▼ -10.00%
• Median HH income: $55,463
• Composite: 29.17/100
• National rank: #6573
• State rank: #93 of 249 in AZ

Livability — Sierra Vista Southeast

• Score: 63/100
• State rank: #113
• US rank: #15230

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sierra Vista Southeast, AZ
• County: Cochise County · 49,069 people
• City population: 14,154
• Metro: Sierra Vista-Douglas, AZ
• Population (ZIP): 14,876
• Household income: $91,654
• Rent vs Own: 13.8% rent · 86.2% own
• Severe rent burden: 180.0

Population outlook (Cochise County) Hauer SSP2

• Today (2025): 113,402 people
• By 2030: 106,197 · -6.4%
• By 2040: 92,166 · -18.7%
• By 2050: 79,805 · -29.6%
• By 2075: 56,831 · -49.9%
• By 2100: 35,103 · -69.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 62% Hispanic / Latino 22% Two or more races 19% Black 2% Asian 2% Pacific Islander 2% Native American 1%
• Hispanic origin (detail): Mexican 18% Puerto Rican 3%
• Common ancestry: Italian 3% Slovak 2% Iranian 2%
• Foreign-born: 6% · Canada, South Korea, China
• Languages at home: 85% English-only · Spanish 12% German/W. Germanic 1% Korean 1%

Political lean MEDSL · Cochise

• 2024 margin: Strong R (+23.1) · D 37.8% · R 61.0% · Other 1.2%
• 2008→2024 swing: -2.5pp toward R · 2008: -20.7pp · 2024: -23.1pp
• All cycles: 2024: R+23.1 2020: R+19.6 2016: R+22.6 2012: R+24.0 2008: R+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -101.13%
• Current HPI: 137.3428
• Rent YoY: —
• Metro: Sierra Vista-Douglas, 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

+0.0% since first listed

10 events — show timeline

• 2026-05-11 Relisted — ARMLS
• 2026-04-16 Contingent — ARMLS
• 2026-03-07 Relisted — ARMLS
• 2026-02-15 Contingent — ARMLS
• 2026-02-15 Listed $129,900 ARMLS
• 2026-02-12 Sold (MLS) — ARMLS
• 2026-01-23 Contingent — ARMLS
• 2025-11-21 Relisted — ARMLS
• 2025-11-11 Contingent — ARMLS
• 2025-11-04 Listed $129,900 ARMLS

Property tax history

+1.4%/yr

Latest (2025): $834 · -2.1% YoY. Source: county tax records.