8102 N 80th Ln · Peoria, AZ 85345

$574,990

5 bd · 3.5 ba · 2,762 sqft · Land · 9 Days on market

Built 2027 5,000 sqft lot $136/mo HOA · 5% of rent

---

Why this score? — see what drove the F 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 +7.5/15.0
• Cash flow +3.8/30.0
• Livability +3.8/5.0
• Schools +3.5/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +0.4/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Manor at Legacy Place, a community of new homes in Peoria, AZ. Choose from three beautiful 2-story floorplans of up to 2,762 sq. ft. , 5 beds, 3.5 baths, and 2-car garages. Choose from four options - Elements, Loft, Farmhouse, or Classic - with unique palettes and no hidden fees to provide you with the best home at the best price. This community has plenty of amenities for you to stay active while meeting and connecting with neighbors. Kick back and relax at the community pool with a good book, let the kids foster friendships on the playground with the neighbors' kids, or plan a potluck BBQ at the picnic tables at the ramada. Offered By: K. HOVNANIAN GREAT WESTERN HOMES, LLC The Hampton offers: Well-equipped kitchen featuring medium-tone stained cabinetry, wall oven, & corner pantry. Connected dining area & great room create seamless flow for entertaining guests. Lavish primary suite & bath with freestanding tub. Secluded Extra Suite offers guests added privacy. Inviting covered patio featuring 12' multi-slide door. Washer, dryer, & blinds included for convenience.

Key facts

• Gourmet kitchen
• Covered patio
• 5,000 sq ft lot

Tags

• GOURMET KITCHEN
• QUILL STAINED CABINETRY
• MARBLE LOOK QUARTZ COUNTERTOPS
• FRENCH DOOR REFRIGERATOR
• COVERED PATIO
• MAIN LEVEL GUEST SUITE

Property features AI

Finance

• HOA & community: Homeowners association with monthly fee of $136; Association fee covers grounds maintenance; Community amenities include a pool and playground

Exterior

• Parking: Two covered parking spaces; Two open parking spaces; 2-car garage with direct access and garage door opener
• Utilities: City water; Public sewer
• Home design: Single-family residence; Fee simple ownership; Currently under construction
• Construction: Built with stucco and wood frame; Spray foam insulation; Painted exterior; Tile roof
• Exterior features: Block fencing; Sprinklers in front yard; Desert front landscaping; Dirt backyard; East/West lot exposure

Interior

• Kitchen: Refrigerator; Dishwasher; Garbage disposal; Built-in microwave; Multiple ovens; Walk-in pantry; Kitchen island
• Bedrooms: Space for up to 6 bedrooms (possible flex/optional rooms)
• Flooring: Carpet; Tile
• Bathrooms: Three full bathrooms; One half bathroom
• Heating & cooling: Natural gas heating; Central air conditioning; Programmable thermostat
• Interior features: High-speed internet available; Double vanity in bath(s); Upstairs living areas; 9+ foot flat ceilings; Kitchen island; Master bathroom with separate shower and tub; Low-emissivity, dual-pane windows
• Laundry & utility: Upstairs laundry room; Interior laundry; ENERGY STAR features (see remarks)

🏗️ New construction. The $574,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $555,455.

What this means for you Summary

Snapshot

• This is a 5-bed/3.5-bath land listed at $575k.

Deal economics

• At list price, monthly cash flow is $-2k ($-19k/yr) — negative.
• To cash-flow at today's rent, offer at most $322k (44.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $298k (48.1% below list).
• Recommended offer: $298k (48.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 76/100 on livability (#14 in AZ, #3,603 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, commute A, employment A; Watch: cost of living C-, amenities D, health & safety F.
• Peoria Unified School District (4237) (suburban): math 36% / reading 42% proficiency, ranked #64 of 249 in AZ (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cotton Boll School (math 30% / reading 35%, grade F, #502 of 1,109 statewide, top 45%, 804 students, 57% FRL); Raymond S. Kellis (math 27% / reading 34%, grade F, #114 of 381 statewide, top 30%, 1,817 students, 48% FRL) — zoned schools average 52% FRL vs 35% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 331 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• At $2,985/mo this rent would consume 53% of the median local household income ($67k/yr) (locally 1879% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $17k 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 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.

Recommended offer $298,483 (48.1% below list)

Questions for the listing agent

1. 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?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
6. 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.
7. 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.
8. 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: 0.54% ✗
• Cap rate: 2.80%
• Cash-on-cash: -12.47%
• DSCR: 0.45
• GRM: 15.5

CMA / ARV

• ARV (median comp): $555,455
• List price: $574,990
• Delta: 8.19%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.62% rent growth · sell at horizon

5-year hold

• IRR: -42.1%
• Equity multiple: -0.28×
• Total profit: $-199,824
• Equity at exit: $82,820

10-year hold

• IRR: -89.2%
• Equity multiple: -1.14×
• Total profit: $-333,377
• Equity at exit: $48,026

Cash invested: $155,527 (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 85345

• Home prices YoY: -19.8%
• Rents YoY: 0.6%
• Active inventory: 331
• Price-to-rent: 16.1×

Monthly cashflow live

• Estimated rent: $2,985 high
• Mortgage (P&I): −$2,913
• Tax est. 1.5%: −$694 /mo · $8,332/yr
• Insurance: −$231
• HOA: −$136
• Vacancy / Maint / Mgmt: −$627
• Net cashflow: $-1,617

Break-even live

Break-even rent $5,031

Max offer price $321,529

Occupancy floor —

Sensitivity live

Price	-10% $-1,233	-5% $-1,425	+0% $-1,617	+5% $-1,809	+10% $-2,000
Rent	-10% $-1,852	-5% $-1,735	+0% $-1,617	+5% $-1,499	+10% $-1,381
Rate	-1.0pp $-1,337	-0.5pp $-1,475	base $-1,617	+0.5pp $-1,761	+1.0pp $-1,907

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: $138,864
• Closing costs: $16,664
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7318 N Kirsten Ave Glendale, AZ	5.0	3.0	3626	$3,495	$0.96	0d	1	0.85mi
8790 W Hayward Ave Unit 1545720P Glendale, AZ	4.0	3.0	3024	$5,161	$1.71	13d	1	0.95mi
7317 N 85th Ave Glendale, AZ	4.0	3.0	2894	$12,500	$4.32	0d	1	0.98mi
8408 W Midway Ave Glendale, AZ	5.0	2.5	3279	$10,500	$3.20	0d	1	1.02mi
7039 N 84th Ave Glendale, AZ	5.0	2.5	2678	$2,895	$1.08	16d	1	1.13mi
8537 W Myrtle Ave Glendale, AZ	5.0	3.0	2862	$2,895	$1.01	0d	1	1.14mi
8544 W Midway Ave Glendale, AZ	4.0	3.0	2616	$2,895	$1.11	0d	1	1.17mi
7402 N 88th Ln Glendale, AZ	4.0	2.0	2219	$2,195	$0.99	45d	1	1.22mi
6832 N 77th Ln Glendale, AZ	5.0	3.0	2136	$2,300	$1.08	23d	1	1.26mi
8145 W Palo Verde Ave Peoria, AZ	4.0	2.0	2132	$1,895	$0.89	16d	1	1.26mi
8145 W Palo Verde Ave Peoria, AZ	4.0	2.0	2132	$1,895	$0.89	0d	1	1.26mi
8984 W Diana Ave Peoria, AZ	4.0	2.5	2430	$8,900	$3.66	7d	1	1.26mi
8816 W Myrtle Ave Glendale, AZ	5.0	2.5	3122	$3,095	$0.99	45d	1	1.28mi
8854 W Myrtle Ave Glendale, AZ	4.0	2.5	2890	$3,500	$1.21	4d	1	1.30mi
9026 W Ruth Ave Peoria, AZ	5.0	3.5	2620	$6,300	$2.40	26d	1	1.37mi
8805 W Glenn Dr Glendale, AZ	4.0	2.0	2143	$2,495	$1.16	7d	1	1.39mi
7216 N 72nd Dr Glendale, AZ	5.0	2.5	2136	$2,250	$1.05	19d	1	1.40mi

HOA detail

• Monthly dues: $136 · $1,632/yr
• Likely covers: pool

Listing history 17 events

1. 2026-06-21
   days on market $574,990 Active 9 DOM
2. 2026-06-18
   days on market $574,990 Active 6 DOM
3. 2026-06-17
   days on market $574,990 Active 5 DOM

   Show marketing remark (1115 chars)

   Welcome to Manor at Legacy Place, a community of new homes in Peoria, AZ. Choose from three beautiful 2-story floorplans of up to 2,762 sq. ft. , 5 beds, 3.5 baths, and 2-car garages. Choose from four options - Elements, Loft, Farmhouse, or Classic - with unique palettes and no hidden fees to provide you with the best home at the best price. This community has plenty of amenities for you to stay active while meeting and connecting with neighbors. Kick back and relax at the community pool with a good book, let the kids foster friendships on the playground with the neighbors' kids, or plan a potluck BBQ at the picnic tables at the ramada. Offered By: K. HOVNANIAN GREAT WESTERN HOMES, LLC The Hampton offers: Well-equipped kitchen featuring medium-tone stained cabinetry, wall oven, & corner pantry. Connected dining area & great room create seamless flow for entertaining guests. Lavish primary suite & bath with freestanding tub. Secluded Extra Suite offers guests added privacy. Inviting covered patio featuring 12' multi-slide door. Washer, dryer, & blinds included for convenience.

4. 2026-06-16
   days on market $574,990 Active 4 DOM
5. 2026-06-15
   days on market $574,990 Active 3 DOM
6. 2026-06-13
   days on marketlisting id $574,990 Active 1 DOM
7. 2026-06-09
   days on market $574,990 Active 39 DOM
8. 2026-06-08
   days on market $574,990 Active 38 DOM
9. 2026-06-07
   pricedays on market $574,990 Active 37 DOM
10. 2026-06-04
    days on market $602,968 Active 34 DOM
11. 2026-06-03
    days on market $602,968 Active 33 DOM
12. 2026-06-02
    days on market $602,968 Active 32 DOM
13. 2026-06-01
    days on market $602,968 Active 31 DOM
14. 2026-05-31
    days on market $602,968 Active 30 DOM
15. 2026-05-10
    price $597,008 1115-char remark

    Show marketing remark (1115 chars)

    Welcome to Manor at Legacy Place, a community of new homes in Peoria, AZ. Choose from three beautiful 2-story floorplans of up to 2,762 sq. ft. , 5 beds, 3.5 baths, and 2-car garages. Choose from four options - Elements, Loft, Farmhouse, or Classic - with unique palettes and no hidden fees to provide you with the best home at the best price. This community has plenty of amenities for you to stay active while meeting and connecting with neighbors. Kick back and relax at the community pool with a good book, let the kids foster friendships on the playground with the neighbors' kids, or plan a potluck BBQ at the picnic tables at the ramada. Offered By: K. HOVNANIAN GREAT WESTERN HOMES, LLC The Hampton offers: Well-equipped kitchen featuring medium-tone stained cabinetry, wall oven, & corner pantry. Connected dining area & great room create seamless flow for entertaining guests. Lavish primary suite & bath with freestanding tub. Secluded Extra Suite offers guests added privacy. Inviting covered patio featuring 12' multi-slide door. Washer, dryer, & blinds included for convenience.

16. 2026-05-08
    price $593,008 1115-char remark

    Show marketing remark (1115 chars)

    Welcome to Manor at Legacy Place, a community of new homes in Peoria, AZ. Choose from three beautiful 2-story floorplans of up to 2,762 sq. ft. , 5 beds, 3.5 baths, and 2-car garages. Choose from four options - Elements, Loft, Farmhouse, or Classic - with unique palettes and no hidden fees to provide you with the best home at the best price. This community has plenty of amenities for you to stay active while meeting and connecting with neighbors. Kick back and relax at the community pool with a good book, let the kids foster friendships on the playground with the neighbors' kids, or plan a potluck BBQ at the picnic tables at the ramada. Offered By: K. HOVNANIAN GREAT WESTERN HOMES, LLC The Hampton offers: Well-equipped kitchen featuring medium-tone stained cabinetry, wall oven, & corner pantry. Connected dining area & great room create seamless flow for entertaining guests. Lavish primary suite & bath with freestanding tub. Secluded Extra Suite offers guests added privacy. Inviting covered patio featuring 12' multi-slide door. Washer, dryer, & blinds included for convenience.

17. 2026-05-01
    listed $592,230 Active 1115-char remark

    Show marketing remark (1115 chars)

    Welcome to Manor at Legacy Place, a community of new homes in Peoria, AZ. Choose from three beautiful 2-story floorplans of up to 2,762 sq. ft. , 5 beds, 3.5 baths, and 2-car garages. Choose from four options - Elements, Loft, Farmhouse, or Classic - with unique palettes and no hidden fees to provide you with the best home at the best price. This community has plenty of amenities for you to stay active while meeting and connecting with neighbors. Kick back and relax at the community pool with a good book, let the kids foster friendships on the playground with the neighbors' kids, or plan a potluck BBQ at the picnic tables at the ramada. Offered By: K. HOVNANIAN GREAT WESTERN HOMES, LLC The Hampton offers: Well-equipped kitchen featuring medium-tone stained cabinetry, wall oven, & corner pantry. Connected dining area & great room create seamless flow for entertaining guests. Lavish primary suite & bath with freestanding tub. Secluded Extra Suite offers guests added privacy. Inviting covered patio featuring 12' multi-slide door. Washer, dryer, & blinds included for convenience.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $35,818
• − Mortgage interest: −$31,114
• − Property taxes: −$8,332
• − Insurance: −$2,777
• − Repairs & maintenance: −$2,865
• − Management: −$2,865
• − HOA: −$1,632
• − Depreciation: −$16,159
• Taxable loss: −$29,927
• Est. tax savings @ 24.0%: +$7,182
• After-tax cash flow: $-12,217/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: Peoria Unified School District (4237)
• NCES district ID: 0406250
• Math proficiency: 36% ▼ -14.00%
• Reading proficiency: 42% ▼ -8.00%
• Median HH income: $60,171
• Composite: 34.62/100
• National rank: #5152
• State rank: #64 of 249 in AZ

Livability — Peoria

• Score: 76/100
• State rank: #14
• US rank: #3603

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Peoria, AZ
• County: Maricopa County · 4,537,380 people
• City population: 206,687
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 60,918
• Household income: $67,380
• Rent vs Own: 33.5% rent · 66.5% own
• Severe rent burden: 1879.0

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 0.62)
• Race & ethnicity: White 51% Hispanic / Latino 34% Two or more races 14% Black 5% Asian 4% Native American 2%
• Hispanic origin (detail): Mexican 29%
• Common ancestry: Romanian 2% Italian 2% Slovak 1%
• Foreign-born: 13% · Canada, Vietnam
• Languages at home: 76% English-only · Spanish 18% Other Indo-European 1% Vietnamese 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: ▼ -80.77%
• Current HPI: 328.1069
• Rent YoY: ▲ 0.62%
• 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

-0.6% since first listed

8 events — show timeline

• 2026-06-17 Price Changed $588,970 Zillow
• 2026-06-12 Listed $574,990 ARMLS
• 2026-06-06 Price Changed $574,990 Zillow
• 2026-05-28 Price Changed $602,968 Zillow
• 2026-05-21 Price Changed $600,968 Zillow
• 2026-05-10 Price Changed $597,008 Zillow
• 2026-05-08 Price Changed $593,008 Zillow
• 2026-05-01 Listed $592,230 Zillow