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2000 S Apache Rd #91
C- Composite 52.3
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 +26.3/30.0
  • DSCR +9.0/10.0
  • 1% rule +7.0/10.0
  • Livability +3.4/5.0
  • Rent growth +2.3/5.0
  • Schools +2.3/10.0
  • Condition / age +2.0/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$148,000

2000 S Apache Rd #91 · Buckeye, AZ 85326
2 bd · 2.0 ba · 1,060 sqft · Manufactured · 25 Days on market
Built 1987 Fair condition Est $103k · 44% over

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

Listing remarks MLS

*Selling AS IS* Great starter home in the gated community of Buena Vista Park. This home offers 2 bedrooms and 2 bathrooms along with a large family room, dining area, and kitchen. Storage shed on property is included. Large, covered patio and covered parking. Close proximity to the community pool, gym, park, and other amenities. Owner is very motivated to sell so bring all offers!

Key facts

  • Gated community
  • Tranquil setting
  • Remodeled residence

Tags

REMODELED RESIDENCEGATED COMMUNITYARIZONA DESERT SCENERYRELAXING POOLSIDETRANQUIL SETTING

Property features AI

Finance

  • Other: Directions provided to the mobile home park
  • HOA & community: Land lease (monthly $678); Association fees include grounds maintenance and street maintenance; Community pool; Community playground; Fitness center

Exterior

  • Parking: 2 covered parking spaces; 2 carport spaces
  • Security: Gated community
  • Utilities: City water; Public sewer
  • Home design: Manufactured/mobile home; Leasehold ownership
  • Construction: Wood siding; Metal siding; Steel frame construction; Composition roof; Building area reported by owner
  • Exterior features: Shed(s); Storage; Desert front and back landscaping; Private maintained road; Asphalt road surface

Interior

  • Kitchen: Built-in microwave; Refrigerator; Dishwasher
  • Bedrooms: 2 possible bedrooms
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heating; Central air; Ceiling fans; Programmable thermostat
  • Interior features: Granite counters; Kitchen island; Pantry; Full bath in master bedroom; Dual-pane windows; Storage
  • Laundry & utility: Inside laundry

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 $148k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $384 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $148k).
  • Recommended offer: $146k (1.5% below list) — sets the bar for market timing.
  • Cap rate 9.4% vs local median 3.1% in Buckeye — 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 68/100 on livability (#53 in AZ) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A; Watch: amenities F, commute F, health & safety F.
  • Buckeye Union High School District (4284) (town): math 21% / reading 29% proficiency, ranked #129 of 249 in AZ (top 52%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Youngker High School (math 21% / reading 26%, grade F, #206 of 381 statewide, top 54%, 2,099 students, 49% FRL).
  • Market conditions: Rents soft (-0.9%/yr); 1209 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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.

Negotiation context

  • It's been on market 25 days — a 2% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 3y ago 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 $58k; list at $148k implies a 155% gain — meaningful room to come down on a strong offer.

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 $145,780 (1.5% below list)

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.20%
Cap rate
9.41%
Cash-on-cash
11.13%
DSCR
1.50
GRM
6.9

CMA / ARV

ARV (on-the-fly)
$102,820
Comps found
7
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2000 S Apache Rd #383 0.13mi 3/2.0 (+1) 960 (-9%) 7mo $70,000 $73 68
2000 S Apache Rd #395 0.12mi 3/2.0 (+1) 924 (-13%) 2mo $72,900 $79 67
2000 S Apache Rd #65 0.54mi 3/2.0 (+1) 1,056 (-0%) 18mo $102,000 $97 55
2000 S Apache Rd #276 0.54mi 2/2.0 924 (-13%) 2mo $63,500 $69 52
2000 S Apache Rd #225 0.54mi 3/2.0 (+1) 960 (-9%) 11mo $104,000 $108 45
2000 S Apache Rd #241 0.54mi 3/2.0 (+1) 1,173 (+11%) 9mo $120,000 $102 45
2000 S Apache Rd #108 0.54mi 2/2.0 1,200 (+13%) 23mo $130,750 $109 34

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-3.1%
Equity multiple
0.89×
Total profit
$-4,696
Equity at exit
$22,067
10-year hold
IRR
2.9%
Equity multiple
1.18×
Total profit
$7,367
Equity at exit
$12,796

Cash invested: $41,440 (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 85326

Home prices YoY
-32.5%
Rents YoY
-0.9%
Active inventory
1209
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$1,781 high interval (Pro) →
Mortgage (P&I)
$776
Tax est. 1.5%
$185 /mo · $2,220/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$374
Net cashflow
$384

Break-even live

Break-even rent $1,295
Max offer price $148,000
Occupancy floor 73%

Sensitivity live

Price -10% $487 -5% $435 +0% $384 +5% $333 +10% $282
Rent -10% $244 -5% $314 +0% $384 +5% $455 +10% $525
Rate -1.0pp $459 -0.5pp $422 base $384 +0.5pp $346 +1.0pp $307

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
$37,000
Closing costs
$4,440
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
2000 S Apache Rd Buckeye, AZ 3.0 3.0 1456 $1,600 $1.10 14d 1 0.08mi
24458 W Verlea Dr Buckeye, AZ 3.0 2.0 1345 $2,098 $1.56 0d 1 0.39mi
24485 W Yuma Rd Buckeye, AZ 1.0–3.0 1.0–2.5 1090 $1,688 $1.55 0d 1 0.44mi
24085 W Ripple Rd Unit B Buckeye, AZ 1.0 1.0 725 $1,750 $2.41 45d 1 0.54mi
1044 S 239th Ln Buckeye, AZ 3.0 2.0 1298 $1,935 $1.49 16d 1 0.72mi
23683 W Yuma Rd Buckeye, AZ 1.0–3.0 1.0–2.0 1034 $1,554 $1.50 0d 33 0.95mi
23809 W Adams St Buckeye, AZ 3.0 2.0 1400 $1,725 $1.23 0d 1 1.44mi
4195 S 245th Dr Buckeye, AZ 3.0–4.0 2.0 1552 $1,954 $1.26 0d 16 1.45mi

Listing history 21 events

  1. 2026-06-21
    days on market $148,000 Active 25 DOM
  2. 2026-06-18
    days on market $148,000 Active 22 DOM
  3. 2026-06-17
    days on market $148,000 Active 21 DOM
  4. 2026-06-16
    days on market $148,000 Active 20 DOM
  5. 2026-06-15
    pricedays on market $148,000 Active 19 DOM
  6. 2026-06-13
    days on market $150,000 Active 17 DOM
  7. 2026-06-13
    days on market $150,000 Active 16 DOM
  8. 2026-06-09
    days on market $150,000 Active 13 DOM
  9. 2026-06-08
    days on market $150,000 Active 12 DOM
  10. 2026-06-07
    days on market $150,000 Active 11 DOM
  11. 2026-06-04
    days on market $150,000 Active 8 DOM
  12. 2026-06-03
    days on market $150,000 Active 7 DOM
  13. 2026-06-02
    days on market $150,000 Active 6 DOM
  14. 2026-06-01
    days on market $150,000 Active 5 DOM
  15. 2026-05-31
    days on market $150,000 Active 4 DOM
  16. 2026-05-27
    listed $150,000 Active
  17. 2024-09-07
    historical $1,600
  18. 2024-08-23
    listed $1,600
  19. 2023-09-25
    soldstatus $58,000 Closed 386-char remark
    Show marketing remark (386 chars)

    *Selling AS IS* Great starter home in the gated community of Buena Vista Park. This home offers 2 bedrooms and 2 bathrooms along with a large family room, dining area, and kitchen. Storage shed on property is included. Large, covered patio and covered parking. Close proximity to the community pool, gym, park, and other amenities. Owner is very motivated to sell so bring all offers!

  20. 2023-09-14
    status Pending 386-char remark
    Show marketing remark (386 chars)

    *Selling AS IS* Great starter home in the gated community of Buena Vista Park. This home offers 2 bedrooms and 2 bathrooms along with a large family room, dining area, and kitchen. Storage shed on property is included. Large, covered patio and covered parking. Close proximity to the community pool, gym, park, and other amenities. Owner is very motivated to sell so bring all offers!

  21. 2023-08-18
    listed $100,000 Active 386-char remark
    Show marketing remark (386 chars)

    *Selling AS IS* Great starter home in the gated community of Buena Vista Park. This home offers 2 bedrooms and 2 bathrooms along with a large family room, dining area, and kitchen. Storage shed on property is included. Large, covered patio and covered parking. Close proximity to the community pool, gym, park, and other amenities. Owner is very motivated to sell so bring all offers!

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥115°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

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Taxation est. · year 1

Rental income
$21,374
− Mortgage interest
−$8,290
− Property taxes
−$2,220
− Insurance
−$740
− Repairs & maintenance
−$1,710
− Management
−$1,710
− Depreciation
−$4,305
Taxable income
$2,399
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$576
After-tax cash flow
$4,036/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 · 1 photo

Fair 40/100 Cosmetic rehab

This manufactured home in Buckeye, Arizona, requires cosmetic repairs and maintenance to improve its condition and value. Fresh paint, updated bathrooms and kitchen, and landscaping improvements would significantly enhance its appeal and value.

Repairs flagged

  • Minor exterior siding — No visible damage.
  • Minor interior walls/paint — Some discoloration and wear.
  • Minor flooring — Some wear and tear.
  • Minor bathrooms — Some wear and tear.
  • Minor kitchen — Some wear and tear.
  • Minor landscaping — Overgrown areas and sparse vegetation.
  • Minor HVAC/mechanicals — No specific details on HVAC/mechanicals are visible in the photos, but it's recommended to check for any issues.

Value-add opportunities

  • Both paint interior walls and trim — Fresh paint can improve the overall appearance and value of the home.
  • Both landscape and add curb appeal — A well-maintained landscape can enhance the home's curb appeal and attract potential buyers or renters.
  • Both replace worn flooring — New flooring can significantly improve the home's appearance and value.
  • Both update bathrooms and kitchen — Fresh updates in these areas can enhance the home's appeal and value.
  • Both check and service HVAC/mechanicals — A functioning HVAC system is essential for comfort and can improve the home's value.
  • Both repair and maintain exterior siding — A well-maintained exterior can improve the home's curb appeal and value.
  • Both repair and maintain interior walls and trim — Fresh paint and repairs can improve the home's appearance and value.
  • Both repair and maintain flooring — New flooring can significantly improve the home's appearance and value.
  • Both repair and maintain bathrooms and kitchen — Fresh updates in these areas can enhance the home's appeal and value.
  • Both repair and maintain landscaping and curb appeal — A well-maintained landscape can enhance the home's curb appeal and attract potential buyers or renters.
  • Both repair and maintain HVAC/mechanicals — A functioning HVAC system is essential for comfort and can improve the home's value.

Renovation cost estimate screening

Repair itemSeverityEst. cost
exterior siding · No visible damage. Minor $500–3,000
interior walls/paint · Some discoloration and wear. Minor $500–3,000
flooring · Some wear and tear. Minor $500–3,000
bathrooms · Some wear and tear. Minor $500–3,000
kitchen · Some wear and tear. Minor $500–3,000
landscaping · Overgrown areas and sparse vegetation. Minor $500–3,000
HVAC/mechanicals · No specific details on HVAC/mechanicals are visible in the photos, but it's recommended to check for any issues. Minor $500–3,000
Total estimated repair cost · 7 items $3,500–21,000

Value-add ROI direction

  • Both paint interior walls and trim — Fresh paint can improve the overall appearance and value of the home.
  • Both landscape and add curb appeal — A well-maintained landscape can enhance the home's curb appeal and attract potential buyers or renters.
  • Both replace worn flooring — New flooring can significantly improve the home's appearance and value.
  • Both update bathrooms and kitchen — Fresh updates in these areas can enhance the home's appeal and value.
  • Both check and service HVAC/mechanicals — A functioning HVAC system is essential for comfort and can improve the home's value.
  • Both repair and maintain exterior siding — A well-maintained exterior can improve the home's curb appeal and value.
  • Both repair and maintain interior walls and trim — Fresh paint and repairs can improve the home's appearance and value.
  • Both repair and maintain flooring — New flooring can significantly improve the home's appearance and value.
  • Both repair and maintain bathrooms and kitchen — Fresh updates in these areas can enhance the home's appeal and value.
  • Both repair and maintain landscaping and curb appeal — A well-maintained landscape can enhance the home's curb appeal and attract potential buyers or renters.
  • Both repair and maintain HVAC/mechanicals — A functioning HVAC system is essential for comfort and can improve the home's 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
Buckeye Union High School District (4284)
NCES district ID
0401410
Math proficiency
21% ▼ -30.00%
Reading proficiency
29% ▼ -8.00%
Median HH income
$59,182
Composite
22.91/100
National rank
#7995
State rank
#129 of 249 in AZ

Livability — Buckeye

Score
68/100
State rank
#53
US rank
#9428

Category grades

Amenities F Commute F Cost of living B- 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
Buckeye, AZ
County
Maricopa County · 4,537,380 people
City population
117,540
Metro
Phoenix-Mesa-Chandler, AZ
Population (ZIP)
75,359
Household income
$89,876
Rent vs Own
18.2% rent · 81.8% own
Severe rent burden
661.0

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
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
Hispanic / Latino 50% White 38% Two or more races 13% Black 7% Native American 2% Asian 1%
Hispanic origin (detail)
Mexican 44%
Common ancestry
Lithuanian 2% Slovak 1% Italian 1%
Foreign-born
12% · Canada
Languages at home
66% English-only · Spanish 32%

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
▼ -138.00%
Current HPI
286.9242
Rent YoY
▼ -0.92%
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

Price history

+50.0% since first listed
6 events — show timeline
  • 2026-05-27 Listed $150,000 ARMLS
  • 2024-09-07 Rental Removed $1,600 ARMLS
  • 2024-08-23 Listed for Rent $1,600 ARMLS
  • 2023-09-25 Sold (MLS) $58,000 ARMLS
  • 2023-09-14 Pending ARMLS
  • 2023-08-18 Listed $100,000 ARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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