3147 E Vallejo Dr · Gilbert, 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 6/10 · Moderate
- 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
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 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).
- Appreciation +9.2/10.0
- ARV discount +6.9/15.0
- Cash flow +6.5/30.0
- Schools +4.8/10.0
- Livability +4.4/5.0
- Rent growth +3.6/5.0
- Condition / age +2.5/5.0
- DSCR +0.8/10.0
- 1% rule +0.6/10.0
$524,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming 3 bed, 2 bath home with a den in Gilbert's desirable Country Shadows! Features skylights, custom flooring, open living space, and a spacious backyard perfect for entertaining. Enjoy comfort, style, and a great community all in one!
Key facts
- Custom flooring
- Spacious backyard
- Open living space
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath single-family listed at $524k.
Deal economics
- At list price, monthly cash flow is $-886 ($-11k/yr) — negative.
- To cash-flow at today's rent, offer at most $368k (29.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $294k (44.0% below list).
- Recommended offer: $294k (44.0% below list) — sets the bar for 1% rule.
- Cap rate 4.3% vs local median 3.2% in Gilbert — 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 87/100 on livability (#1 in AZ, #240 nationally) — a professional / high-income tenant draw. Strengths: schools A+, amenities A+, employment A+; Watch: health & safety C-, cost of living F.
- Chandler Unified District #80 (4242) (suburban): math 49% / reading 57% proficiency, ranked #31 of 249 in AZ (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising fast (+4.3%/yr); 329 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
Forward outlook
- In year one you build about $47k of equity ($4k loan paydown + $44k appreciation (8.4% local appreciation)).
- Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 2, paydown + projected appreciation supports a ~$76k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 338 days — a 12% lower offer ($462k) is reasonable based on typical stale-listing flexibility.
- 4 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.
- Current owner paid $285k; list at $524k implies a 84% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major wildfire risk; 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 338 days. Have you received any prior offers? Is the seller open to a 44% 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.
- Schools are A-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?
- 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
- 0.56% ✗
- Cap rate
- 4.27%
- Cash-on-cash
- -7.24%
- DSCR
- 0.68
- GRM
- 14.9
CMA / ARV
- ARV (median comp)
- $517,750
- List price
- $524,500
- Delta
- 1.30%
- 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 |
|---|---|---|---|---|---|---|---|
| 7020 S Banning St | 0.11mi | 4/2.0 (+1) | 2,171 (0%) | 3mo | $620,000 | $286 | 84 |
| 2970 E Andre Ave | 0.23mi | 4/2.0 (+1) | 2,171 (0%) | 1mo | $470,000 | $216 | 80 |
| 3006 E Muirfield St | 0.23mi | 4/2.0 (+1) | 2,081 (-4%) | 1mo | $500,000 | $240 | 73 |
| 3319 E Fandango Dr | 0.34mi | 3/2.5 | 2,290 (+6%) | 3mo | $589,000 | $257 | 70 |
| 2975 E Augusta Ave | 0.41mi | 4/2.0 (+1) | 2,128 (-2%) | 4mo | $550,000 | $258 | 65 |
| 3295 E Castanets Dr | 0.43mi | 4/2.0 (+1) | 2,064 (-5%) | 4mo | $560,000 | $271 | 59 |
| 3274 E Isaiah Ct | 0.39mi | 4/3.0 (+1) | 2,410 (+11%) | 1mo | $710,000 | $295 | 58 |
| 3412 E Ravenswood Dr | 0.38mi | 4/3.0 (+1) | 2,410 (+11%) | 2mo | $660,000 | $274 | 57 |
| 7169 S Dodane Ct | 0.42mi | 4/3.0 (+1) | 2,410 (+11%) | 1mo | $520,000 | $216 | 56 |
| 7137 S Fawn Ave | 0.58mi | 4/2.5 (+1) | 2,039 (-6%) | 4mo | $590,000 | $289 | 53 |
| 2882 E Citadel Ct | 0.71mi | 3/2.5 | 2,368 (+9%) | 2mo | $649,000 | $274 | 48 |
| 3700 E Vallejo Dr | 0.69mi | 4/3.0 (+1) | 2,410 (+11%) | 2mo | $600,000 | $249 | 42 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
8.36% appreciation · 4.31% rent growth · sell at horizon
- IRR
- 15.7%
- Equity multiple
- 2.20×
- Total profit
- $175,563
- Equity at exit
- $411,496
- IRR
- 15.5%
- Equity multiple
- 4.81×
- Total profit
- $560,210
- Equity at exit
- $829,556
Cash invested: $146,860 (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 85298
- Home prices YoY
- 2.5%
- Rents YoY
- 4.3%
- Active inventory
- 329
- Price-to-rent
- 14.9×
Monthly cashflow live
- Estimated rent
- $2,939 high interval (Pro) →
- Mortgage (P&I)
- −$2,751
- Tax from tax record
- −$154 /mo · $1,851/yr
- Insurance
- −$219
- HOA
- −$85
- Vacancy / Maint / Mgmt
- −$617
- Net cashflow
- $-886
Break-even live
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
- $131,125
- Closing costs
- $15,735
- 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 31 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3147 E Vallejo Dr Gilbert, AZ | 3.0 | 2.0 | 2171 | $2,350 | $1.08 | 16d | 1 | 0.03mi |
| 3068 E Ravenswood Dr Gilbert, AZ | 4.0 | 2.0 | 1815 | $2,550 | $1.40 | 12d | 1 | 0.18mi |
| 6770 S Tucana Ln Gilbert, AZ | 3.0 | 2.0 | 2070 | $4,500 | $2.17 | 24d | 1 | 0.34mi |
| 3067 E Palmdale Ln Gilbert, AZ | 3.0 | 2.0 | 1675 | $2,300 | $1.37 | 14d | 1 | 0.49mi |
| 3560 E Merlot St Gilbert, AZ | 3.0 | 2.0 | 1777 | $4,750 | $2.67 | 43d | 1 | 0.55mi |
| 2971 E Ridgewood Ln Gilbert, AZ | 3.0 | 2.0 | 1675 | $2,380 | $1.42 | 43d | 1 | 0.60mi |
| 2751 E Mews Rd Gilbert, AZ | 3.0 | 2.5 | 2658 | $2,799 | $1.05 | 1d | 1 | 0.69mi |
| 2723 E Mews Rd Gilbert, AZ | 3.0 | 2.0 | 1759 | $2,395 | $1.36 | 2d | 1 | 0.72mi |
| 2723 E Mews Rd Gilbert, AZ | 3.0 | 2.0 | 1759 | $2,495 | $1.42 | 18d | 1 | 0.72mi |
| 6943 S View Ln Gilbert, AZ | 4.0 | 3.0 | 2586 | $2,445 | $0.95 | 4d | 1 | 0.84mi |
| 3570 E Meadowview Dr Gilbert, AZ | 4.0 | 3.0 | 2536 | $3,200 | $1.26 | 2d | 1 | 0.87mi |
| 2756 E Hickory St Gilbert, AZ | 4.0 | 2.5 | 2873 | $2,995 | $1.04 | 23d | 1 | 0.88mi |
| 2756 E Hickory St Gilbert, AZ | 4.0 | 3.0 | 2873 | $2,995 | $1.04 | 21d | 1 | 0.88mi |
| 3440 E Flower St Gilbert, AZ | 4.0 | 2.5 | 2943 | $2,800 | $0.95 | 24d | 1 | 0.89mi |
| 3725 E Meadowview Dr Gilbert, AZ | 3.0 | 2.0 | 1404 | $2,750 | $1.96 | 24d | 1 | 0.93mi |
| 3329 E Powell Ct Gilbert, AZ | 3.0 | 2.0 | 1486 | $2,345 | $1.58 | 14d | 1 | 0.99mi |
| 3462 E Powell Way Gilbert, AZ | 3.0 | 2.0 | 1665 | $2,295 | $1.38 | 24d | 1 | 1.07mi |
| 2304 E Kelly Dr Gilbert, AZ | 4.0 | 2.0 | 1797 | $2,400 | $1.34 | 12d | 1 | 1.13mi |
| 3808 E Flower Ct Gilbert, AZ | 3.0 | 2.5 | 1628 | $2,095 | $1.29 | 4d | 1 | 1.15mi |
| 2927 E Mead Dr Gilbert, AZ | 4.0 | 2.0 | 1651 | $2,250 | $1.36 | 18d | 1 | 1.20mi |
| 2303 E Citadel Dr Gilbert, AZ | 4.0 | 3.0 | 2265 | $2,750 | $1.21 | 24d | 1 | 1.22mi |
| 6334 S Blake St Gilbert, AZ | 3.0 | 2.0 | 1421 | $2,100 | $1.48 | 43d | 1 | 1.25mi |
| 3868 E Palmer St Gilbert, AZ | 3.0 | 2.5 | 1899 | $2,000 | $1.05 | 43d | 1 | 1.27mi |
| 3486 E Anika Ct Gilbert, AZ | 4.0 | 2.0 | 1749 | $2,600 | $1.49 | 43d | 1 | 1.27mi |
| 4155 E Clubview Dr Gilbert, AZ | 4.0 | 2.0 | 2064 | $2,600 | $1.26 | 4d | 1 | 1.28mi |
| 4176 E Clubview Dr Gilbert, AZ | 4.0 | 2.0 | 2740 | $6,500 | $2.37 | 3d | 1 | 1.31mi |
| 4176 E Clubview Dr Gilbert, AZ | 4.0 | 2.0 | 2740 | $5,200 | $1.90 | 4d | 1 | 1.31mi |
| 6686 S St Andrews Way Gilbert, AZ | 2.0 | 2.5 | 1764 | $5,100 | $2.89 | 43d | 1 | 1.32mi |
| 6659 S Cartier Dr Gilbert, AZ | 3.0 | 2.0 | 1665 | $2,300 | $1.38 | 17d | 1 | 1.47mi |
| 2220 E Flintlock Dr Gilbert, AZ | 4.0 | 3.0 | 2643 | $2,950 | $1.12 | 23d | 1 | 1.47mi |
| 6851 S Birdie Way Gilbert, AZ | 4.0 | 3.0 | 2591 | $2,995 | $1.16 | 4d | 1 | 1.48mi |
HOA detail
- Monthly dues
- $85 · $1,020/yr
Listing history 16 events
-
2026-05-31days on market $524,500 Active 338 DOM
-
2025-12-30price $524,500 240-char remark
Show marketing remark (240 chars)
Charming 3 bed, 2 bath home with a den in Gilbert's desirable Country Shadows! Features skylights, custom flooring, open living space, and a spacious backyard perfect for entertaining. Enjoy comfort, style, and a great community all in one!
-
2025-12-30price $524,900 240-char remark
Show marketing remark (240 chars)
Charming 3 bed, 2 bath home with a den in Gilbert's desirable Country Shadows! Features skylights, custom flooring, open living space, and a spacious backyard perfect for entertaining. Enjoy comfort, style, and a great community all in one!
-
2025-10-28price $529,900 240-char remark
Show marketing remark (240 chars)
Charming 3 bed, 2 bath home with a den in Gilbert's desirable Country Shadows! Features skylights, custom flooring, open living space, and a spacious backyard perfect for entertaining. Enjoy comfort, style, and a great community all in one!
-
2025-08-11price $534,900 240-char remark
Show marketing remark (240 chars)
Charming 3 bed, 2 bath home with a den in Gilbert's desirable Country Shadows! Features skylights, custom flooring, open living space, and a spacious backyard perfect for entertaining. Enjoy comfort, style, and a great community all in one!
-
2025-06-27$535,000 Active 240-char remark
Show marketing remark (240 chars)
Charming 3 bed, 2 bath home with a den in Gilbert's desirable Country Shadows! Features skylights, custom flooring, open living space, and a spacious backyard perfect for entertaining. Enjoy comfort, style, and a great community all in one!
-
2017-06-08soldstatus $285,000 Closed 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-06-08soldstatus $285,000
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-06-07status Pending 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-05-04historical Under Contract Accepting Backups 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-04-28status Active 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-04-26historical Under Contract Accepting Backups 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-04-06price $280,000 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-03-14status Active 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-03-08historical Under Contract Accepting Backups 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
-
2017-03-06$282,000 Active 829-char remark
Show marketing remark (829 chars)
Prior Model Home! Incredible Single Story home located in the highly desirable Country Shadows Community. This perfectly split 3 bedrooms, 2 bathrooms & a Den floor plan includes a spacious elegant formal living & dining room. The family room with a build-in surround system is open to the kitchen & breakfast nook. The spacious kitchen has maple cabinets, breakfast bar, pantry, all appliances, sky light, tile & many more upgrades. Also, the master bedroom has a separate exit to the backyard & extended patio. The Master Bathroom includes natural light, separate shower & tub, large walk-in closet, dual sink & much more. The laundry center has a connection for a gas or electric dyer. The backyard has many mature trees, sitting area & is very open. A must see! Close to many amenities!
ⓘ 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
- $1,851 · $154/mo
- Projected year-2 tax
- $3,462 · $288/mo
- Expected delta
- +$1,611/yr (+$134/mo · 87.0%)
ⓘ 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 6/10 Major
- 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 0 unhealthy d/yr today · 1 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
- $35,270
- − Mortgage interest
- −$29,380
- − Property taxes
- −$1,851
- − Insurance
- −$2,622
- − Repairs & maintenance
- −$2,822
- − Management
- −$2,822
- − HOA
- −$1,020
- − Depreciation
- −$15,258
- Taxable loss
- −$20,505
- Est. tax savings @ 24.0%
- +$4,921
- After-tax cash flow
- $-5,715/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
- Chandler Unified District #80 (4242)
- NCES district ID
- 0401870
- Math proficiency
- 49% ▼ -8.00%
- Reading proficiency
- 57% ▼ -2.00%
- Median HH income
- $74,048
- Composite
- 47.54/100
- National rank
- #2268
- State rank
- #31 of 249 in AZ
Livability — Gilbert
- Score
- 87/100
- State rank
- #1
- US rank
- #240
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Gilbert, AZ
- County
- Maricopa County · 4,537,380 people
- City population
- 281,769
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 44,114
- Household income
- $156,425
- Rent vs Own
- Severe rent burden
- 173.0
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 14% Two or more races 11% Asian 7% Black 2%
- Hispanic origin (detail)
- Mexican 10%
- Common ancestry
- Italian 4% Romanian 3% Lithuanian 3%
- Foreign-born
- 9% · Canada, China, Vietnam
- Languages at home
- 85% English-only · Spanish 7% Other Indo-European 2% 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
- ▲ 8.36%
- Current HPI
- 343.6932
- Rent YoY
- ▲ 4.31%
- 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
+86.0% since first listed15 events — show timeline
- 2025-12-30 Price Changed $524,500 ARMLS
- 2025-12-30 Price Changed $524,900 ARMLS
- 2025-10-28 Price Changed $529,900 ARMLS
- 2025-08-11 Price Changed $534,900 ARMLS
- 2025-06-27 Listed $535,000 ARMLS
- 2017-06-08 Sold (Public Records) $285,000 Public Records
- 2017-06-08 Sold (MLS) $285,000 ARMLS
- 2017-06-07 Pending — ARMLS
- 2017-05-04 Contingent — ARMLS
- 2017-04-28 Relisted — ARMLS
- 2017-04-26 Contingent — ARMLS
- 2017-04-06 Price Changed $280,000 ARMLS
- 2017-03-14 Relisted — ARMLS
- 2017-03-08 Contingent — ARMLS
- 2017-03-06 Listed $282,000 ARMLS
Property tax history
+0.7%/yrLatest (2025): $1,851 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…