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13377 N Sandario Rd #11
B+ Composite 77.55
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +3.4/5.0
  • Livability +3.4/5.0
  • Schools +3.1/10.0
  • Condition / age +2.8/5.0
  • Appreciation +0.0/10.0

$120,000

13377 N Sandario Rd #11 · Marana, AZ 85653
2 bd · 2.0 ba · 1,450 sqft · Manufactured · 92 Days on market
Built 1986 Average condition 1,732 sqft lot $83/sqft · 20% below area Est $150k · 20% under

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

Listing remarks MLS

This 2-bed, 2-bath MH in Valley of the Sun Mobile Home Park offers a comfortable layout with inviting indoor and outdoor living spaces. A covered 2 car carport provides shaded parking, while the front entry opens to a spacious living room with large arched windows that bring in natural light. The living area flows into a dining space and kitchen featuring ample cabinetry, and generous counter space. The primary bedroom includes a large closet and private bath, while the second bedroom is located near a full guest bathroom. A dedicated laundry room offers additional storage and convenient access to the covered patio, creating an easy transition to outdoor relaxation. Fenced in Yard perfect for any pet. Location is close to Rec Room, Pool, Amenities and Mailboxes. Land lease is 634 amont

Key facts

  • Ample cabinetry
  • Covered carport
  • Large arched windows

Tags

COVERED CARPORTLARGE ARCHED WINDOWSAMPLE CABINETRYDEDICATED LAUNDRY ROOMFENCED IN YARDCLOSE TO AMENITIES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $120k. Condition is rated average.

Deal economics

  • At list price, monthly cash flow is $676 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $120k).
  • Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
  • Cap rate 13.1% vs local median 3.3% in Marana — 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 67/100 on livability (#67 in AZ) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A; Watch: schools D+, amenities F, commute F.
  • Marana Unified District (4404) (suburban): math 31% / reading 37% proficiency, ranked #83 of 249 in AZ (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+3.4%/yr); 412 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,268 units permitted in Pima County in 2024 (996 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Pima County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.4% rent growth), your $34k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 92 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $109,200 (9.0% below list)

Questions for the listing agent

  1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.59%
Cap rate
13.06%
Cash-on-cash
24.16%
DSCR
2.07
GRM
5.2

CMA / ARV

ARV (median comp)
$150,250
List price
$120,000
Delta
-20.13%
Verdict
UNDERPRICED
Comps
8 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
13377 N Sandario Rd #21 0.08mi 3/2.0 (+1) 1,450 (0%) 2mo $95,000 $66 90

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 · 3.43% rent growth · sell at horizon

5-year hold
IRR
17.9%
Equity multiple
1.73×
Total profit
$24,496
Equity at exit
$17,892
10-year hold
IRR
26.7%
Equity multiple
3.39×
Total profit
$80,354
Equity at exit
$10,375

Cash invested: $33,600 (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
5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

ZIP-level market 85653

Home prices YoY
-21.8%
Rents YoY
3.4%
Active inventory
412
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$1,906 high interval (Pro) →
Mortgage (P&I)
$629
Tax est. 1.5%
$150 /mo · $1,800/yr
Insurance
$50
HOA
$0
Vacancy / Maint / Mgmt
$400
Net cashflow
$676

Break-even live

Break-even rent $1,050
Max offer price $120,000
Occupancy floor 60%

Sensitivity live

Price -10% $759 -5% $718 +0% $676 +5% $635 +10% $594
Rent -10% $526 -5% $601 +0% $676 +5% $752 +10% $827
Rate -1.0pp $737 -0.5pp $707 base $676 +0.5pp $645 +1.0pp $614

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
$30,000
Closing costs
$3,600
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 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
11629 W Despain Dr Marana, AZ 3.0 2.0 1317 $1,850 $1.40 44d 1 0.73mi
12830 N Fox Hollow Dr Marana, AZ 3.0 2.0 1256 $1,745 $1.39 44d 1 0.85mi
11377 W Folsom Point Dr Marana, AZ 3.0 2.0 1389 $1,800 $1.30 2d 1 1.02mi
12946 N Ong Dr Marana, AZ 3.0 2.0 1527 $1,765 $1.16 2d 1 1.08mi
11655 W Stone Hearth St Marana, AZ 3.0 2.0 1601 $1,800 $1.12 2d 1 1.11mi
11379 W Burning Sage St Marana, AZ 3.0 2.0 1265 $1,795 $1.42 24d 1 1.11mi
14214 N Spear Point Way Marana, AZ 3.0 2.0 1389 $1,895 $1.36 2d 1 1.16mi
12500 N Cottonseed Ln Marana, AZ 3.0 2.0 1589 $1,750 $1.10 44d 1 1.40mi

Listing history 16 events

  1. 2026-06-18
    days on market $120,000 Active 92 DOM
  2. 2026-06-17
    days on market $120,000 Active 91 DOM
  3. 2026-06-16
    days on market $120,000 Active 90 DOM
  4. 2026-06-15
    days on market $120,000 Active 89 DOM
  5. 2026-06-13
    days on market $120,000 Active 87 DOM
  6. 2026-06-13
    days on market $120,000 Active 86 DOM
  7. 2026-06-10
    days on market $120,000 Active 84 DOM
  8. 2026-06-09
    days on market $120,000 Active 83 DOM
  9. 2026-06-08
    days on market $120,000 Active 82 DOM
  10. 2026-06-07
    days on market $120,000 Active 81 DOM
  11. 2026-06-05
    days on market $120,000 Active 78 DOM
  12. 2026-06-03
    days on market $120,000 Active 77 DOM
  13. 2026-06-02
    days on market $120,000 Active 76 DOM
  14. 2026-06-01
    days on market $120,000 Active 75 DOM
  15. 2026-05-31
    days on market $120,000 Active 74 DOM
  16. 2026-03-18
    listed $120,000 Active 796-char remark
    Show marketing remark (796 chars)

    This 2-bed, 2-bath MH in Valley of the Sun Mobile Home Park offers a comfortable layout with inviting indoor and outdoor living spaces. A covered 2 car carport provides shaded parking, while the front entry opens to a spacious living room with large arched windows that bring in natural light. The living area flows into a dining space and kitchen featuring ample cabinetry, and generous counter space. The primary bedroom includes a large closet and private bath, while the second bedroom is located near a full guest bathroom. A dedicated laundry room offers additional storage and convenient access to the covered patio, creating an easy transition to outdoor relaxation. Fenced in Yard perfect for any pet. Location is close to Rec Room, Pool, Amenities and Mailboxes. Land lease is 634 amont

ⓘ 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 4/10 Moderate FEMA zone X (shaded) · 21% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,872
− Mortgage interest
−$6,722
− Property taxes
−$1,800
− Insurance
−$600
− Repairs & maintenance
−$1,830
− Management
−$1,830
− Depreciation
−$3,491
Taxable income
$6,600
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,584
After-tax cash flow
$6,534/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 · 12 photos

Average 55/100 Cosmetic rehab

This 2-bedroom, 2-bath manufactured home in Valley of the Sun Mobile Home Park is in average condition with minor repairs needed. It offers a comfortable layout with inviting indoor and outdoor living spaces. A fresh coat of paint and new flooring would significantly enhance its resale and rental value.

Repairs flagged

  • Minor Kitchen cabinets — Worn appearance
  • Minor Bathroom sink — Need cleaning
  • Minor Exterior siding — Weathered appearance
  • Minor Flooring — Worn appearance

Value-add opportunities

  • Resale Paint interior walls — Fresh paint enhances curb appeal
  • Resale Replace worn flooring — New flooring improves aesthetics
  • Resale Replace worn kitchen cabinets — New cabinets improve functionality
  • Both Landscaping — Enhances curb appeal and adds value

Renovation cost estimate screening

Repair itemSeverityEst. cost
Kitchen cabinets · Worn appearance Minor $500–3,000
Bathroom sink · Need cleaning Minor $500–3,000
Exterior siding · Weathered appearance Minor $500–3,000
Flooring · Worn appearance Minor $500–3,000
Total estimated repair cost · 4 items $2,000–12,000

Value-add ROI direction

  • Resale Paint interior walls — Fresh paint enhances curb appeal
  • Resale Replace worn flooring — New flooring improves aesthetics
  • Resale Replace worn kitchen cabinets — New cabinets improve functionality
  • Both Landscaping — Enhances curb appeal 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
Marana Unified District (4404)
NCES district ID
0404630
Math proficiency
31% ▼ -11.00%
Reading proficiency
37% ▼ -5.00%
Median HH income
$65,282
Composite
30.96/100
National rank
#6103
State rank
#83 of 249 in AZ

Livability — Marana

Score
67/100
State rank
#67
US rank
#11113

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Marana, AZ
County
Pima County · 1,012,107 people
City population
39,625
Metro
Tucson, AZ
Population (ZIP)
23,574
Household income
$86,154
Rent vs Own
15.4% rent · 84.6% own
Severe rent burden
181.0

Population outlook (Pima County) Hauer SSP2

Today (2025)
1,066,056 people
By 2030
1,086,684 · +1.9%
By 2040
1,117,160 · +4.8%
By 2050
1,149,778 · +7.9%
By 2075
1,271,480 · +19.3%
By 2100
1,321,160 · +23.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.55)
Race & ethnicity
White 61% Hispanic / Latino 27% Two or more races 15% Black 3% Native American 2% Asian 1%
Hispanic origin (detail)
Mexican 22% Puerto Rican 2%
Common ancestry
Romanian 4% Lithuanian 2% Slovak 2%
Foreign-born
6% · Canada
Languages at home
88% English-only · Spanish 9% Other Asian/Pacific 1%

Political lean MEDSL · Pima

2024 margin
D (+15.2) · D 57.0% · R 41.8% · Other 1.2%
2008→2024 swing
+9.1pp toward D · 2008: 6.1pp · 2024: 15.2pp
All cycles
2024: D+15.2 2020: D+18.7 2016: D+13.5 2012: D+5.8 2008: D+6.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -69.29%
Current HPI
249.3403
Rent YoY
▲ 3.43%
Metro
Tucson, AZ
State GDP YoY
▲ 4.54%
F500 in state
20

Industry mix (Fortune 500 HQ in AZ)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-03-18 Listed $120,000 MLSSAZ

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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