109 N 30th Dr · Phoenix, AZ 85009

$155,000

3 bd · 2.0 ba · 1,684 sqft · SingleFamily public records · 4 Days on market

Built 1945 7,597 sqft lot

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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 +27.3/30.0
• DSCR +9.5/10.0
• ARV discount +7.5/15.0
• 1% rule +6.5/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• Rent growth +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great move in ready 3 bedroom, 2 bath home with new tile flooring throughout and fresh paint.

Key facts

• 7,597 sq ft lot
• Garage
• Built 1945

Property features AI

Finance

• Financial info: Current financing: Conventional
• HOA & community: No association fees

Exterior

• Parking: 1 covered parking space; 1 open parking space; 1-car garage
• Utilities: Public sewer; City water; Utilities: see remarks
• Home design: Single family residence; Fee simple ownership
• Construction: Block construction; Tile roof
• Exterior features: Chain link fencing

Interior

• Kitchen: Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump heating; Central air conditioning
• Interior features: Eat-in kitchen; Full bath in master bedroom; Other interior features
• Laundry & utility: No laundry hookups

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $450 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Cap rate 9.8% vs local median 3.3% in Phoenix — 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 75/100 on livability (#16 in AZ, #3,924 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime F.
• Phoenix Union High School District (4286) (urban): math 10% / reading 15% proficiency, ranked #224 of 249 in AZ (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Carl Hayden High School (math 7% / reading 11%, grade F, #356 of 381 statewide, top 94%, 2,217 students, 93% FRL).
• Market conditions: Rents falling (-6.0%/yr); 108 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• This rent runs 41% of the median local income ($52k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 9y 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.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,000

Questions for the listing agent

1. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.15% ✓
• Cap rate: 9.77%
• Cash-on-cash: 12.43%
• DSCR: 1.55
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $394,056
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
109 N 30th Dr	0.00mi	3/2.0	1,684 (0%)	0mo	$180,700	$107	100
3144 W Garfield St	0.60mi	4/2.0 (+1)	1,686 (+0%)	2mo	$400,000	$237	66
7 S 28th Dr	0.27mi	4/2.0 (+1)	1,576 (-6%)	17mo	$365,000	$232	58
2910 W Portland St	0.70mi	4/2.0 (+1)	1,670 (-1%)	6mo	$320,000	$192	56
602 N 27th Ave	0.54mi	4/2.0 (+1)	1,654 (-2%)	21mo	$260,000	$157	50
2837 W Garfield St	0.58mi	4/2.0 (+1)	1,684 (0%)	23mo	$400,000	$238	49
2912 W Mckinley St	0.54mi	3/2.0	1,540 (-9%)	15mo	$352,500	$229	48
3035 W Pierce St	0.40mi	4/3.0 (+1)	1,494 (-11%)	10mo	$350,000	$234	45
3116 W Jefferson St	0.23mi	4/2.0 (+1)	1,477 (-12%)	23mo	$385,000	$261	45
3350 W Jefferson St	0.48mi	3/2.0	1,498 (-11%)	20mo	$375,000	$250	42
1001 N 30th Ave	0.64mi	4/2.0 (+1)	1,436 (-15%)	2mo	$355,000	$247	39
3035 W Roosevelt St	0.60mi	4/3.0 (+1)	1,771 (+5%)	19mo	$305,000	$172	38

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: -1.1%
• Equity multiple: 0.96×
• Total profit: $-1,749
• Equity at exit: $23,111

10-year hold

• IRR: 5.3%
• Equity multiple: 1.34×
• Total profit: $14,963
• Equity at exit: $13,402

Cash invested: $43,400 (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 85009

• Home prices YoY: -29.7%
• Rents YoY: -6.0%
• Active inventory: 108
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,786 high
• Mortgage (P&I): −$813
• Tax from tax record: −$84 /mo · $1,010/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $450

Break-even live

Break-even rent $1,217

Max offer price $155,000

Occupancy floor 70%

Sensitivity live

Price	-10% $537	-5% $494	+0% $450	+5% $406	+10% $362
Rent	-10% $309	-5% $379	+0% $450	+5% $520	+10% $591
Rate	-1.0pp $528	-0.5pp $489	base $450	+0.5pp $410	+1.0pp $369

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3026 W Pierce St Phoenix, AZ	3.0	1.5	1263	$1,799	$1.42	2d	1	0.40mi
3331 W Taylor St Phoenix, AZ	1.0–3.0	1.0–2.0	1000	$1,530	$1.53	2d	17	0.47mi
3324 W Jackson St #1 Phoenix, AZ	3.0	1.0	1050	$1,900	$1.81	2d	1	0.49mi
2524 W Jefferson St Phoenix, AZ	4.0	2.0	1421	$1,295	$0.91	2d	1	0.64mi
3607 W Fillmore St Phoenix, AZ	3.0	2.0	1307	$1,900	$1.45	18d	1	0.77mi
2746 W Pima St Phoenix, AZ	3.0	2.0	1100	$1,898	$1.73	2d	1	1.19mi
2746 W Pima St Unit 2 Phoenix, AZ	3.0	2.0	1100	$1,898	$1.73	17d	1	1.19mi
121 S 21st Ave Phoenix, AZ	3.0	1.0	1350	$2,200	$1.63	2d	1	1.23mi
2029 W Adams St Phoenix, AZ	3.0	2.0	1609	$2,000	$1.24	2d	1	1.24mi
2922 W Granada Rd Phoenix, AZ	2.0	2.0	1200	$2,200	$1.83	2d	1	1.32mi
2135 W Hadley St Unit 2 Phoenix, AZ	3.0	1.0	1682	$1,800	$1.07	2d	1	1.33mi
2919 W Palm Ln Phoenix, AZ	4.0	2.0	1666	$2,500	$1.50	2d	1	1.34mi

Listing history 6 events

1. 2026-05-20
   listed $155,000 Active
2. 2017-11-10
   soldstatus $153,500 Closed 93-char remark

   Show marketing remark (93 chars)

   Great move in ready 3 bedroom, 2 bath home with new tile flooring throughout and fresh paint.

3. 2017-11-09
   soldstatus $153,500
4. 2017-10-12
   status Pending 93-char remark

   Show marketing remark (93 chars)

   Great move in ready 3 bedroom, 2 bath home with new tile flooring throughout and fresh paint.

5. 2017-10-07
   listed $150,000 Active 93-char remark

   Show marketing remark (93 chars)

   Great move in ready 3 bedroom, 2 bath home with new tile flooring throughout and fresh paint.

6. 2017-06-08
   soldstatus $60,000

ⓘ 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: $1,010 · $84/mo
• Projected year-2 tax: $1,023 · $85/mo
• Expected delta: +$13/yr (+$1/mo · 1.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,437
• − Mortgage interest: −$8,682
• − Property taxes: −$1,010
• − Insurance: −$775
• − Repairs & maintenance: −$1,715
• − Management: −$1,715
• − Depreciation: −$4,509
• Taxable income: $3,031
• Est. tax owed @ 24.0%: −$727
• After-tax cash flow: $4,669/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: Phoenix Union High School District (4286)
• NCES district ID: 0406330
• Math proficiency: 10% ▼ -27.00%
• Reading proficiency: 15% ▼ -18.00%
• Median HH income: $39,055
• Composite: 10.63/100
• National rank: #9773
• State rank: #224 of 249 in AZ

Livability — Phoenix

• Score: 75/100
• State rank: #16
• US rank: #3924

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Phoenix, AZ
• County: Maricopa County · 4,537,380 people
• City population: 1,500,198
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 52,064
• Household income: $52,054
• Rent vs Own: 48.9% rent · 51.1% own
• Severe rent burden: 2121.0

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: Predominantly Hispanic (81%)
• Race & ethnicity: Hispanic / Latino 81% Two or more races 34% White 9% Black 5% Native American 3%
• Hispanic origin (detail): Mexican 73%
• Foreign-born: 32% · Canada
• Languages at home: 31% English-only · Spanish 67%

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: ▼ -172.78%
• Current HPI: 409.6161
• Rent YoY: ▼ -5.98%
• 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
▸Technology	2	$13B
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

+158.3% since first listed

6 events — show timeline

• 2026-05-20 Listed $155,000 ARMLS
• 2017-11-10 Sold (MLS) $153,500 ARMLS
• 2017-11-09 Sold (Public Records) $153,500 Public Records
• 2017-10-12 Pending — ARMLS
• 2017-10-07 Listed $150,000 ARMLS
• 2017-06-08 Sold (Public Records) $60,000 Public Records

Property tax history

+2.5%/yr

Latest (2025): $1,010 · -1.4% YoY. Source: county tax records.