8350 E Lakeview Ave · Mesa, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 9/10 · Severe
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- 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).
- ARV discount +10.4/15.0
- Cash flow +7.4/30.0
- Appreciation +5.7/10.0
- Schools +4.6/10.0
- Livability +4.0/5.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
- DSCR +1.5/10.0
- 1% rule +1.3/10.0
$375,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This gorgeous corner-lot is a rare find, offering three bedrooms and beautiful curb appeal. A large covered, tiled front patio welcomes you into a spacious living room featuring all new tile flooring. The upgraded, open-concept kitchen shows lots of raised-panel cabinets, granite countertops, a breakfast bar, stainless steel appliances, a flat-top stove, and a large pantry. The master bedroom and second bedroom feature new carpeting and beautiful tiled showers. A spacious tiled Arizona room with central heating and air conditioning provides versatile living space, ideal for a family room or entertaining area. The backyard includes a large covered patio with tiled flooring, low-maintenance synthetic turf, and is fully enclosed by a block wall. Additional upgrades include the roof, air conditioning and heating systems, hot water heater, and all new tile flooring and more.
Key facts
- Open-concept kitchen
- Corner-lot
- Granite countertops
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $375k.
Deal economics
- At list price, monthly cash flow is $-487 ($-6k/yr) — negative.
- To cash-flow at today's rent, offer at most $289k (23.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $235k (37.4% below list).
- Recommended offer: $235k (37.4% below list) — sets the bar for 1% rule.
- Cap rate 4.7% vs local median 3.4% in Mesa — 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 79/100 on livability (#6 in AZ, #2,034 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime D.
- Gilbert Unified District (4239) (suburban): math 49% / reading 52% proficiency, ranked #38 of 249 in AZ (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
- Zoned schools: Neely Traditional Academy (math 83% / reading 81%, grade A+, #10 of 1,109 statewide, top 1%, 805 students, 17% FRL); Desert Ridge Jr. High (math 28% / reading 43%, grade F, #62 of 218 statewide, top 29%, 973 students, 26% FRL); Desert Ridge High (math 24% / reading 32%, grade F, #136 of 381 statewide, top 36%, 2,284 students, 23% FRL).
- Market conditions: Rents flat; 171 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
- This rent runs 33% of the median local income ($84k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $8k of equity ($3k loan paydown + $5k appreciation (1.4% local appreciation)).
- Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 5, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 102 days — a 9% lower offer ($341k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 21y ago; this cycle's ask has dropped $24k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $250k; list at $375k implies a 50% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 102 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is D 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.63% ✗
- Cap rate
- 4.73%
- Cash-on-cash
- -5.57%
- DSCR
- 0.75
- GRM
- 13.3
CMA / ARV
- ARV (median comp)
- $400,951
- List price
- $375,000
- Delta
- -6.47%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 8311 E Laguna Azul Ave | 0.12mi | 2/2.0 (-1) | 1,656 (-2%) | 2mo | $378,000 | $228 | 85 |
| 8512 E Meseto Ave | 0.31mi | 3/2.0 | 1,760 (+4%) | 1mo | $475,000 | $270 | 77 |
| 8607 E Desert Ln | 0.33mi | 3/2.0 | 1,617 (-4%) | 1mo | $459,900 | $284 | 77 |
| 8505 E Monte Ave | 0.43mi | 4/2.0 (+1) | 1,826 (+8%) | 0mo | $525,000 | $288 | 61 |
| 8527 E Milagro Ave | 0.40mi | 4/2.0 (+1) | 1,837 (+9%) | 1mo | $489,900 | $267 | 61 |
| 8118 E Medina Ave | 0.32mi | 2/2.0 (-1) | 1,502 (-11%) | 2mo | $522,000 | $348 | 60 |
| 8008 E Monte Ave | 0.52mi | 2/2.0 (-1) | 1,562 (-7%) | 1mo | $325,000 | $208 | 58 |
| 8033 E Neville Ave | 0.64mi | 2/2.0 (-1) | 1,580 (-6%) | 1mo | $410,000 | $259 | 54 |
| 8231 E Nido Ave | 0.48mi | 2/2.0 (-1) | 1,500 (-11%) | 1mo | $425,000 | $283 | 53 |
| 8652 E Nido Ave | 0.60mi | 3/2.5 | 1,860 (+10%) | 1mo | $460,000 | $247 | 52 |
| 8710 E Kilarea Ave | 0.45mi | 4/2.5 (+1) | 1,914 (+14%) | 0mo | $395,000 | $206 | 49 |
| 7822 E Lindner Ave | 0.65mi | 2/2.0 (-1) | 1,926 (+14%) | 1mo | $327,000 | $170 | 40 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
1.44% appreciation · 0.54% rent growth · sell at horizon
- IRR
- -4.0%
- Equity multiple
- 0.79×
- Total profit
- $-21,670
- Equity at exit
- $136,681
- IRR
- -0.1%
- Equity multiple
- 0.99×
- Total profit
- $-829
- Equity at exit
- $188,535
Cash invested: $105,000 (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
ZIP-level market 85209
- Home prices YoY
- 0.5%
- Rents YoY
- 0.5%
- Active inventory
- 171
- Price-to-rent
- 13.3×
Monthly cashflow live
- Estimated rent
- $2,347 high interval (Pro) →
- Mortgage (P&I)
- −$1,967
- Tax from tax record
- −$143 /mo · $1,711/yr
- Insurance
- −$156
- HOA
- −$76
- Vacancy / Maint / Mgmt
- −$493
- Net cashflow
- $-487
Break-even live
Sensitivity live
| Price | -10% $-275 | -5% $-381 | +0% $-487 | +5% $-593 | +10% $-700 |
|---|---|---|---|---|---|
| Rent | -10% $-673 | -5% $-580 | +0% $-487 | +5% $-395 | +10% $-302 |
| Rate | -1.0pp $-298 | -0.5pp $-392 | base $-487 | +0.5pp $-584 | +1.0pp $-683 |
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
- $93,750
- Closing costs
- $11,250
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 8528 E Desert Ln Mesa, AZ | 3.0 | 2.0 | 1665 | $2,280 | $1.37 | 6d | 1 | 0.22mi |
| 8438 E Keats Ave Mesa, AZ | 3.0 | 2.0 | 1363 | $2,300 | $1.69 | 25d | 1 | 0.22mi |
| 2159 S Luther Mesa, AZ | 3.0 | 2.5 | 1900 | $2,200 | $1.16 | 25d | 1 | 0.23mi |
| 8566 E Desert Ln Mesa, AZ | 3.0 | 2.0 | 1918 | $2,200 | $1.15 | 20d | 1 | 0.30mi |
| 8566 E Desert Ln Mesa, AZ | 3.0 | 2.0 | 1918 | $2,200 | $1.15 | 16d | 1 | 0.30mi |
| 2311 S Farnsworth Dr #85 Mesa, AZ | 2.0 | 2.0 | 1332 | $3,300 | $2.48 | 5d | 1 | 0.38mi |
| 8020 E Keats Ave #299 Mesa, AZ | 2.0 | 2.0 | 1679 | $2,600 | $1.55 | 45d | 1 | 0.42mi |
| 8720 E Knowles Ave Mesa, AZ | 3.0 | 2.0 | 1692 | $1,995 | $1.18 | 4d | 1 | 0.51mi |
| 8720 E Knowles Ave Mesa, AZ | 3.0 | 2.0 | 1692 | $1,995 | $1.18 | 0d | 1 | 0.51mi |
| 2051 S 87th Pl Mesa, AZ | 3.0 | 2.5 | 2090 | $2,195 | $1.05 | 19d | 1 | 0.51mi |
| 8757 E Lomita Ave Mesa, AZ | 3.0 | 3.0 | 1914 | $2,300 | $1.20 | 25d | 1 | 0.52mi |
| 2223 S Gordon Mesa, AZ | 3.0 | 2.0 | 1278 | $2,250 | $1.76 | 25d | 1 | 0.52mi |
| 7950 E Keats Ave Mesa, AZ | 2.0 | 2.0 | 1228 | $1,995 | $1.62 | 25d | 1 | 0.53mi |
| 8433 E Guadalupe Rd Mesa, AZ | 1.0–3.0 | 1.0–2.0 | 936 | $3,502 | $3.74 | 0d | 1 | 0.76mi |
| 8865 E Baseline Rd #555 Mesa, AZ | 3.0 | 2.0 | 1387 | $3,900 | $2.81 | 25d | 1 | 0.78mi |
| 8865 E Baseline Rd #555 Mesa, AZ | 3.0 | 2.0 | 1387 | $3,900 | $2.81 | 21d | 1 | 0.78mi |
| 8106 E Osage Ave Mesa, AZ | 3.0 | 2.0 | 1544 | $1,550 | $1.00 | 0d | 1 | 0.85mi |
| 8527 E Osage Ave Mesa, AZ | 3.0 | 2.5 | 1871 | $2,200 | $1.18 | 45d | 1 | 0.85mi |
| 8547 E Osage Ave Mesa, AZ | 3.0 | 2.5 | 2045 | $2,295 | $1.12 | 45d | 1 | 0.86mi |
| 8547 E Osage Ave Mesa, AZ | 3.0 | 2.5 | 2045 | $2,275 | $1.11 | 25d | 1 | 0.86mi |
| 8240 E Obispo Ave Mesa, AZ | 3.0 | 2.0 | 1655 | $2,200 | $1.33 | 20d | 1 | 0.89mi |
| 8462 E Pampa Ave Mesa, AZ | 3.0 | 2.5 | 1473 | $1,995 | $1.35 | 45d | 1 | 1.04mi |
| 8915 E Guadalupe Rd Mesa, AZ | 2.0–3.0 | 2.0 | 971 | $1,598 | $1.65 | 4d | 11 | 1.07mi |
| 8915 E Guadalupe Rd Mesa, AZ | 2.0 | 2.0 | 1054 | $1,390 | $1.32 | 25d | 1 | 1.07mi |
| 9231 E Lindner Ave Mesa, AZ | 3.0 | 2.0 | 1572 | $2,295 | $1.46 | 6d | 1 | 1.09mi |
| 7521 E Laguna Azul Ave Mesa, AZ | 3.0 | 2.5 | 1544 | $2,315 | $1.50 | 45d | 1 | 1.10mi |
| 7515 E Laguna Azul Ave Mesa, AZ | 3.0 | 3.0 | 2169 | $4,500 | $2.07 | 45d | 1 | 1.11mi |
| 7515 E Laguna Azul Ave Mesa, AZ | 3.0 | 3.0 | 2169 | $4,500 | $2.07 | 6d | 1 | 1.11mi |
| 8616 E Posada Ave Mesa, AZ | 3.0 | 2.5 | 1792 | $2,309 | $1.29 | 12d | 1 | 1.14mi |
| 8616 E Posada Ave Mesa, AZ | 3.0 | 2.5 | 1792 | $2,289 | $1.28 | 5d | 1 | 1.14mi |
| 2821 S Skyline #157 Mesa, AZ | 2.0 | 2.5 | 1438 | $2,200 | $1.53 | 5d | 1 | 1.16mi |
| 8918 E Oro Cir Mesa, AZ | 3.0 | 2.5 | 1566 | $2,100 | $1.34 | 18d | 1 | 1.17mi |
| 8918 E Oro Cir Mesa, AZ | 3.0 | 2.5 | 1566 | $2,180 | $1.39 | 45d | 1 | 1.17mi |
| 2821 S Skyline #127 Mesa, AZ | 2.0 | 2.5 | 1438 | $2,350 | $1.63 | 45d | 1 | 1.18mi |
| 9233 E Neville Ave Mesa, AZ | 2.0–3.0 | 2.0 | 1145 | $1,750 | $1.53 | 25d | 1 | 1.20mi |
| 9233 E Neville Ave Mesa, AZ | 2.0–3.0 | 2.0 | 1142 | $1,900 | $1.66 | 16d | 3 | 1.20mi |
| 9322 E Lobo Ave Mesa, AZ | 3.0 | 2.0 | 1691 | $2,200 | $1.30 | 23d | 1 | 1.20mi |
| 9304 E Monte Ave Mesa, AZ | 4.0 | 3.0 | 1857 | $2,225 | $1.20 | 45d | 1 | 1.22mi |
| 2728 S Sawyer Cir Mesa, AZ | 3.0 | 3.0 | 2241 | $2,595 | $1.16 | 45d | 1 | 1.22mi |
| 8843 E Pampa Ave Mesa, AZ | 3.0 | 2.0 | 1357 | $2,050 | $1.51 | 6d | 1 | 1.25mi |
HOA detail
- Monthly dues
- $76 · $912/yr
- Likely covers
- water
Listing history 12 events
-
2026-05-17status Pending 884-char remark
Show marketing remark (884 chars)
This gorgeous corner-lot is a rare find, offering three bedrooms and beautiful curb appeal. A large covered, tiled front patio welcomes you into a spacious living room featuring all new tile flooring. The upgraded, open-concept kitchen shows lots of raised-panel cabinets, granite countertops, a breakfast bar, stainless steel appliances, a flat-top stove, and a large pantry. The master bedroom and second bedroom feature new carpeting and beautiful tiled showers. A spacious tiled Arizona room with central heating and air conditioning provides versatile living space, ideal for a family room or entertaining area. The backyard includes a large covered patio with tiled flooring, low-maintenance synthetic turf, and is fully enclosed by a block wall. Additional upgrades include the roof, air conditioning and heating systems, hot water heater, and all new tile flooring and more.
-
2026-04-27price $375,000 884-char remark
Show marketing remark (884 chars)
This gorgeous corner-lot is a rare find, offering three bedrooms and beautiful curb appeal. A large covered, tiled front patio welcomes you into a spacious living room featuring all new tile flooring. The upgraded, open-concept kitchen shows lots of raised-panel cabinets, granite countertops, a breakfast bar, stainless steel appliances, a flat-top stove, and a large pantry. The master bedroom and second bedroom feature new carpeting and beautiful tiled showers. A spacious tiled Arizona room with central heating and air conditioning provides versatile living space, ideal for a family room or entertaining area. The backyard includes a large covered patio with tiled flooring, low-maintenance synthetic turf, and is fully enclosed by a block wall. Additional upgrades include the roof, air conditioning and heating systems, hot water heater, and all new tile flooring and more.
-
2026-03-06status Active 884-char remark
Show marketing remark (884 chars)
This gorgeous corner-lot is a rare find, offering three bedrooms and beautiful curb appeal. A large covered, tiled front patio welcomes you into a spacious living room featuring all new tile flooring. The upgraded, open-concept kitchen shows lots of raised-panel cabinets, granite countertops, a breakfast bar, stainless steel appliances, a flat-top stove, and a large pantry. The master bedroom and second bedroom feature new carpeting and beautiful tiled showers. A spacious tiled Arizona room with central heating and air conditioning provides versatile living space, ideal for a family room or entertaining area. The backyard includes a large covered patio with tiled flooring, low-maintenance synthetic turf, and is fully enclosed by a block wall. Additional upgrades include the roof, air conditioning and heating systems, hot water heater, and all new tile flooring and more.
-
2026-02-20historical 884-char remark
Show marketing remark (884 chars)
This gorgeous corner-lot is a rare find, offering three bedrooms and beautiful curb appeal. A large covered, tiled front patio welcomes you into a spacious living room featuring all new tile flooring. The upgraded, open-concept kitchen shows lots of raised-panel cabinets, granite countertops, a breakfast bar, stainless steel appliances, a flat-top stove, and a large pantry. The master bedroom and second bedroom feature new carpeting and beautiful tiled showers. A spacious tiled Arizona room with central heating and air conditioning provides versatile living space, ideal for a family room or entertaining area. The backyard includes a large covered patio with tiled flooring, low-maintenance synthetic turf, and is fully enclosed by a block wall. Additional upgrades include the roof, air conditioning and heating systems, hot water heater, and all new tile flooring and more.
-
2026-01-21$399,000 Active 884-char remark
Show marketing remark (884 chars)
This gorgeous corner-lot is a rare find, offering three bedrooms and beautiful curb appeal. A large covered, tiled front patio welcomes you into a spacious living room featuring all new tile flooring. The upgraded, open-concept kitchen shows lots of raised-panel cabinets, granite countertops, a breakfast bar, stainless steel appliances, a flat-top stove, and a large pantry. The master bedroom and second bedroom feature new carpeting and beautiful tiled showers. A spacious tiled Arizona room with central heating and air conditioning provides versatile living space, ideal for a family room or entertaining area. The backyard includes a large covered patio with tiled flooring, low-maintenance synthetic turf, and is fully enclosed by a block wall. Additional upgrades include the roof, air conditioning and heating systems, hot water heater, and all new tile flooring and more.
-
2006-03-02soldstatus $250,000
-
2006-02-28soldstatus $246,000 355-char remark
Show marketing remark (355 chars)
BETTER BUY TODAY!! PRICE REDUCED BY $13,OOO FOR QUICK SALE!! Very nice corner lot with home bigger than most in Sunland Village East, a 55+ community. Most in the Village are less than 1500 sq. ft. Why not buy a lot more for a less expensive sq. ft. price? Your clients cannot go wrong with this purchase. Exceptionally clean and repainted for your buyer.
-
2006-02-13historical 355-char remark
Show marketing remark (355 chars)
BETTER BUY TODAY!! PRICE REDUCED BY $13,OOO FOR QUICK SALE!! Very nice corner lot with home bigger than most in Sunland Village East, a 55+ community. Most in the Village are less than 1500 sq. ft. Why not buy a lot more for a less expensive sq. ft. price? Your clients cannot go wrong with this purchase. Exceptionally clean and repainted for your buyer.
-
2005-12-12$256,000 355-char remark
Show marketing remark (355 chars)
BETTER BUY TODAY!! PRICE REDUCED BY $13,OOO FOR QUICK SALE!! Very nice corner lot with home bigger than most in Sunland Village East, a 55+ community. Most in the Village are less than 1500 sq. ft. Why not buy a lot more for a less expensive sq. ft. price? Your clients cannot go wrong with this purchase. Exceptionally clean and repainted for your buyer.
-
2005-11-29soldstatus $220,000
-
1989-06-29soldstatus $90,247
-
1987-02-13soldstatus $193,715
ⓘ 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
- $1,711 · $143/mo
- Projected year-2 tax
- $2,475 · $206/mo
- Expected delta
- +$764/yr (+$64/mo · 44.6%)
ⓘ 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 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $28,163
- − Mortgage interest
- −$21,006
- − Property taxes
- −$1,711
- − Insurance
- −$1,875
- − Repairs & maintenance
- −$2,253
- − Management
- −$2,253
- − HOA
- −$912
- − Depreciation
- −$10,909
- Taxable loss
- −$12,756
- Est. tax savings @ 24.0%
- +$3,061
- After-tax cash flow
- $-2,786/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
- Gilbert Unified District (4239)
- NCES district ID
- 0403400
- Math proficiency
- 49% ▼ -8.00%
- Reading proficiency
- 52% ▼ -7.00%
- Median HH income
- $74,715
- Composite
- 45.55/100
- National rank
- #2600
- State rank
- #38 of 249 in AZ
Livability — Mesa
- Score
- 79/100
- State rank
- #6
- US rank
- #2034
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Mesa, AZ
- County
- Maricopa County · 4,537,380 people
- City population
- 555,266
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 43,150
- Household income
- $84,432
- Rent vs Own
- Severe rent burden
- 972.0
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 White (72%)
- Race & ethnicity
- White 72% Hispanic / Latino 15% Two or more races 9% Black 4% Asian 3%
- Hispanic origin (detail)
- Mexican 11%
- Common ancestry
- Portuguese 4% Romanian 3% Lithuanian 3%
- Foreign-born
- 9% · Canada, China, Vietnam
- Languages at home
- 87% English-only · Spanish 9% Tagalog/Filipino 1% Chinese 1%
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
- ▲ 1.44%
- Current HPI
- 277.6198
- Rent YoY
- ▲ 0.54%
- 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 |
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| Mining / Metals | 1 | $23B |
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| Environmental Services | 1 | $16B |
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| Metals / Steel | 1 | $14B |
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| Technology Distribution | 1 | $9B |
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| Homebuilding | 1 | $8B |
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Price history
+93.6% since first listed12 events — show timeline
- 2026-05-17 Pending — ARMLS
- 2026-04-27 Price Changed $375,000 ARMLS
- 2026-03-06 Relisted — ARMLS
- 2026-02-20 Listing Removed — ARMLS
- 2026-01-21 Listed $399,000 ARMLS
- 2006-03-02 Sold (Public Records) $250,000 Public Records
- 2006-02-28 Sold (MLS) $246,000 ARMLS
- 2006-02-13 Listing Removed — ARMLS
- 2005-12-12 Listed $256,000 ARMLS
- 2005-11-29 Sold (Public Records) $220,000 Public Records
- 1989-06-29 Sold (Public Records) $90,247 Public Records
- 1987-02-13 Sold (Public Records) $193,715 Public Records
Property tax history
+2.7%/yrLatest (2025): $1,711 · +4.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…