251 S Ocotillo Ave #28 · Benson, AZ 85602

$115,000

1 bd · 1.0 ba · 480 sqft · Manufactured · 338 Days on market

Built 2021 $240/sqft · 18% below area Est $140k · 18% under ↓ 54% since listing

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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 +17.0/30.0
• ARV discount +15.0/15.0
• DSCR +5.3/10.0
• 1% rule +4.6/10.0
• Livability +3.6/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

ABSOLUTELY ADORABLE! This immaculate one bedroom, one bath Park Model, includes, a screened in porch and shed with washer and dryer, plus covered parking, and low care Landscaped yard. Community offers Clubhouse with fitness room, laundry room, Pool table, TV area, Party area, AND Pool, Spa and small observatory. Pickleball court and dog park too. All this, and more! Conveniently located close to shopping, medical services, restaurants, library, etc. Partially furnished, and furniture negotiable by separate Bill of Sale. Price is for home, and lot rent is $385.94 per month and adjusts seasonally. Buyer must apply to Butterfield RV Resort to rent lot. This is lease hold Park Model in RV resort. Lot rent varies per season. Currently $395.83 per month.

Key facts

• Screened in porch
• Covered parking
• Clubhouse

Tags

• SCREENED IN PORCH
• COVERED PARKING
• LOW CARE LANDSCAPED YARD
• CLUBHOUSE
• FITNESS ROOM
• LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $115k.

Deal economics

• At list price, monthly cash flow is $77 ($927/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $110k (4.0% below list).
• Recommended offer: $101k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.1% vs local median 4.5% in Benson — 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 71/100 on livability (#34 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: commute D, employment D, amenities F.
• Benson Unified School District (79226) (town): math 28% / reading 39% proficiency, ranked #98 of 249 in AZ (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Benson Primary School (math 28% / reading 42%, grade F, #466 of 1,109 statewide, top 42%, 560 students, 54% FRL); Benson Middle School (math 29% / reading 39%, grade F, #67 of 218 statewide, top 31%, 295 students, 52% FRL); Benson High School (math 27% / reading 32%, grade F, #120 of 381 statewide, top 34%, 443 students, 38% FRL) — zoned schools at 48% FRL track the district average.
• Market conditions: 263 active listings in the ZIP; 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 $795 of loan paydown is wiped out by about $3k 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.

Negotiation context

• It's been on market 338 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
• 2 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 8→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $101,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 338 days. Have you received any prior offers? Is the seller open to a 12% 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.96% ✗
• Cap rate: 7.10%
• Cash-on-cash: 2.88%
• DSCR: 1.13
• GRM: 8.7

CMA / ARV

• ARV (median comp): $140,051
• List price: $115,000
• Delta: -17.89%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -11.7%
• Equity multiple: 0.57×
• Total profit: $-13,699
• Equity at exit: $17,147

10-year hold

• IRR: -2.5%
• Equity multiple: 0.83×
• Total profit: $-5,527
• Equity at exit: $9,943

Cash invested: $32,200 (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 85602

• Home prices YoY: -23.4%
• Active inventory: 263
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,104 medium
• Mortgage (P&I): −$603
• Tax est. 1.5%: −$144 /mo · $1,725/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$232
• Net cashflow: $77

Break-even live

Break-even rent $1,006

Max offer price $115,000

Occupancy floor 88%

Sensitivity live

Price	-10% $157	-5% $117	+0% $77	+5% $38	+10% $-2
Rent	-10% $-10	-5% $34	+0% $77	+5% $121	+10% $164
Rate	-1.0pp $135	-0.5pp $106	base $77	+0.5pp $47	+1.0pp $17

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-21
   days on market $115,000 Active 338 DOM
2. 2026-06-18
   days on market $115,000 Active 335 DOM
3. 2026-06-17
   days on market $115,000 Active 334 DOM
4. 2026-06-16
   days on market $115,000 Active 333 DOM
5. 2026-06-15
   days on market $115,000 Active 332 DOM
6. 2026-06-13
   days on market $115,000 Active 330 DOM
7. 2026-06-13
   days on market $115,000 Active 329 DOM
8. 2026-06-10
   days on market $115,000 Active 327 DOM
9. 2026-06-09
   days on market $115,000 Active 326 DOM
10. 2026-06-08
    days on market $115,000 Active 325 DOM
11. 2026-06-07
    days on market $115,000 Active 324 DOM
12. 2026-06-05
    days on market $115,000 Active 321 DOM
13. 2026-06-03
    days on market $115,000 Active 320 DOM
14. 2026-06-02
    days on market $115,000 Active 319 DOM
15. 2026-06-01
    days on market $115,000 Active 318 DOM
16. 2026-05-31
    days on market $115,000 Active 317 DOM
17. 2025-09-02
    price $115,000 786-char remark

    Show marketing remark (786 chars)

    ABSOLUTELY ADORABLE! This immaculate one bedroom, one bath Park Model, includes, a screened in porch and shed with washer and dryer, plus covered parking, and low care Landscaped yard. Community offers Clubhouse with fitness room, laundry room, Pool table, TV area, Party area, AND Pool, Spa and small observatory. Pickleball court and dog park too. All this, and more! Conveniently located close to shopping, medical services, restaurants, library, etc. Partially furnished, and furniture negotiable by separate Bill of Sale. Price is for home, and lot rent is $385.94 per month and adjusts seasonally. Buyer must apply to Butterfield RV Resort to rent lot. This is lease hold Park Model in RV resort. Lot rent varies per season. Currently $395.83 per month.

18. 2025-07-18
    listed $120,000 Active 786-char remark

    Show marketing remark (786 chars)

    ABSOLUTELY ADORABLE! This immaculate one bedroom, one bath Park Model, includes, a screened in porch and shed with washer and dryer, plus covered parking, and low care Landscaped yard. Community offers Clubhouse with fitness room, laundry room, Pool table, TV area, Party area, AND Pool, Spa and small observatory. Pickleball court and dog park too. All this, and more! Conveniently located close to shopping, medical services, restaurants, library, etc. Partially furnished, and furniture negotiable by separate Bill of Sale. Price is for home, and lot rent is $385.94 per month and adjusts seasonally. Buyer must apply to Butterfield RV Resort to rent lot. This is lease hold Park Model in RV resort. Lot rent varies per season. Currently $395.83 per month.

19. 2025-05-29
    historical
20. 2025-05-28
    price $125,000
21. 2025-05-27
    listed $250,000 Active

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 6/10 Major 8 d/yr ≥101°F today · 22 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: $13,245
• − Mortgage interest: −$6,442
• − Property taxes: −$1,725
• − Insurance: −$575
• − Repairs & maintenance: −$1,060
• − Management: −$1,060
• − Depreciation: −$3,345
• Taxable loss: −$961
• Est. tax savings @ 24.0%: +$231
• After-tax cash flow: $1,158/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: Benson Unified School District (79226)
• NCES district ID: 0400212
• Math proficiency: 28% ▼ -24.00%
• Reading proficiency: 39% ▼ -10.00%
• Median HH income: $40,662
• Composite: 28.17/100
• National rank: #6811
• State rank: #98 of 249 in AZ

Livability — Benson

• Score: 71/100
• State rank: #34
• US rank: #6661

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Benson, AZ
• Population (ZIP): 9,860

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: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 15% Two or more races 13%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Portuguese 4% Slovak 3% Italian 2%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 5% German/W. Germanic 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: ▼ -55.74%
• Current HPI: 182.9079
• 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
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

-54.0% since first listed

5 events — show timeline

• 2025-09-02 Price Changed $115,000 MLSSAZ
• 2025-07-18 Listed $120,000 MLSSAZ
• 2025-05-29 Listing Removed — MLSSAZ
• 2025-05-28 Price Changed $125,000 MLSSAZ
• 2025-05-27 Listed $250,000 MLSSAZ