3448 E Beverly Ln · Phoenix, 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 1/10 · Minimal
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 8/10 · Major
- Hot days now (above 111°F)
- 6 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 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).
- Cash flow +12.2/30.0
- ARV discount +8.2/15.0
- Schools +3.8/10.0
- Livability +3.8/5.0
- DSCR +3.6/10.0
- 1% rule +2.7/10.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$225,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Rare find 3 bed 2 bath home in desirable Palm Lakes gated lake community. Fully remodeled with new floors, new modern white kitchen cabinets with handles, new counters new sink/faucet/disposal, Stainless appliances new drywall, fresh paint throughout inside and outside. Large lot with workshop/storage, N/S exposure, Arizona Room and a beautiful redesigned interior. New ceiling fans/blinds, updated vanities in bathrooms and lots of closet space. Plenty of parking. Community offers koi pond, pool/hot tub, mini golf green park with trees, basketball court, clubhouse with activities and BBQ area. Unique home, see it today, you wont be disappointed.
Key facts
- 6,164 sq ft lot
- 3 parking spots
- Community pool
Property features AI
Finance
- Financial info: Current financing: FHA
- HOA & community: Monthly association fee; Association covers grounds maintenance and street maintenance; No visible trucks, trailers, RVs, or boats allowed; Community amenities include pool, lake, gated access, tennis courts, and biking/walking paths
Exterior
- Parking: 2 covered spaces; 1 open parking space; 2-car carport; Separate storage area
- Utilities: City water; Public sewer
- Home design: Manufactured/Mobile home; Fee simple ownership
- Construction: Wood frame construction; Painted exterior; Metal roof
- Exterior features: Storage area; Gravel/stone front yard; Gravel/stone backyard; Block and wood fencing
Interior
- Kitchen: Built-in microwave; Pantry; Refrigerator, Dishwasher, Disposal
- Bedrooms: Up to 3 bedrooms
- Flooring: Laminate flooring
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central air; Ceiling fans; Natural gas heating
- Interior features: Pantry; 3/4 bath in the primary bedroom; Refrigerator, Dishwasher, Disposal
- Laundry & utility: Indoor laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $225k.
Deal economics
- At list price, monthly cash flow is $-44 ($-533/yr) — negative.
- To cash-flow at today's rent, offer at most $217k (3.5% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (22.8% below list).
- Recommended offer: $174k (22.8% below list) — sets the bar for 1% rule.
- Cap rate 6.1% 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.
- Paradise Valley Unified District (4241) (urban): math 39% / reading 46% proficiency, ranked #56 of 249 in AZ (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents soft (-1.5%/yr); 337 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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.
- 3 sale attempts since 18y 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 $112k; list at $225k implies a 101% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 6→16/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?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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
- 0.77% ✗
- Cap rate
- 6.06%
- Cash-on-cash
- -0.85%
- DSCR
- 0.96
- GRM
- 10.8
CMA / ARV
- ARV (median comp)
- $228,500
- List price
- $225,000
- Delta
- -1.53%
- 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 |
|---|---|---|---|---|---|---|---|
| 16215 N 35th Way | 0.12mi | 2/2.0 (-1) | 1,248 (0%) | 11mo | $145,000 | $116 | 80 |
| 16215 N 33rd St | 0.22mi | 2/2.0 (-1) | 1,296 (+4%) | 6mo | $265,000 | $204 | 74 |
| 3433 E Sandra Ter | 0.04mi | 2/2.0 (-1) | 1,350 (+8%) | 11mo | $228,500 | $169 | 70 |
| 16401 N 32nd Way | 0.28mi | 2/2.0 (-1) | 1,240 (-1%) | 14mo | $260,000 | $210 | 70 |
| 3449 E Kings Ave | 0.11mi | 3/2.0 | 1,418 (+14%) | 4mo | $227,000 | $160 | 68 |
| 16416 N 33rd St | 0.26mi | 2/2.0 (-1) | 1,188 (-5%) | 8mo | $275,000 | $231 | 68 |
| 16440 N 35th St | 0.16mi | 2/2.0 (-1) | 1,426 (+14%) | 1mo | $193,000 | $135 | 63 |
| 3307 E Kings Ave | 0.25mi | 2/2.0 (-1) | 1,345 (+8%) | 10mo | $245,000 | $182 | 62 |
| 16209 N 33rd St | 0.22mi | 2/2.0 (-1) | 1,066 (-15%) | 0mo | $230,000 | $216 | 60 |
| 16225 N 29th St #59 | 0.68mi | 2/2.0 (-1) | 1,248 (0%) | 4mo | $55,000 | $44 | 60 |
| 16246 N 32nd Way | 0.30mi | 2/2.0 (-1) | 1,105 (-12%) | 12mo | $280,000 | $253 | 52 |
| 16225 N 29th St #43 | 0.71mi | 3/2.0 | 1,392 (+12%) | 3mo | $80,000 | $57 | 45 |
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
- IRR
- -20.8%
- Equity multiple
- 0.29×
- Total profit
- $-44,434
- Equity at exit
- $33,548
- IRR
- -22.0%
- Equity multiple
- 0.01×
- Total profit
- $-62,234
- Equity at exit
- $19,454
Cash invested: $63,000 (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 85032
- Rents YoY
- -1.5%
- Active inventory
- 337
- Price-to-rent
- 10.8×
Monthly cashflow live
- Estimated rent
- $1,736 high interval (Pro) →
- Mortgage (P&I)
- −$1,180
- Tax from tax record
- −$52 /mo · $625/yr
- Insurance
- −$94
- HOA
- −$90
- Vacancy / Maint / Mgmt
- −$365
- Net cashflow
- $-44
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
- $56,250
- Closing costs
- $6,750
- 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 |
|---|---|---|---|---|---|---|---|---|
| 16005 N 32nd St #148 Phoenix, AZ | 2.0 | 2.0 | 780 | $1,549 | $1.99 | 24d | 1 | 0.26mi |
| 15606 N 33rd Pl Phoenix, AZ | 3.0 | 2.0 | 1373 | $2,225 | $1.62 | 24d | 1 | 0.43mi |
| 15826 N 32nd St Phoenix, AZ | 2.0 | 1.0–2.0 | 611 | $1,436 | $2.35 | 7d | 25 | 0.48mi |
| 3420 E Bell Rd Phoenix, AZ | 2.0 | 1.0–2.0 | 863 | $2,214 | $2.56 | 3d | 20 | 0.52mi |
| 16015 N 30th St #123 Phoenix, AZ | 3.0 | 2.5 | 1426 | $1,950 | $1.37 | 22d | 1 | 0.53mi |
| 16231 N 30th Ter Phoenix, AZ | 3.0 | 2.5 | 1496 | $1,835 | $1.23 | 18d | 1 | 0.54mi |
| 3027 E Grandview Rd Unit 3027-B Phoenix, AZ | 2.0 | 1.0 | 912 | $1,375 | $1.51 | 7d | 1 | 0.56mi |
| 16645 N 31st St Phoenix, AZ | 2.0 | 1.0 | 483 | $1,595 | $3.30 | 2d | 6 | 0.57mi |
| 16225 N 30th St #9 Phoenix, AZ | 2.0 | 1.5 | 968 | $1,350 | $1.39 | 24d | 1 | 0.58mi |
| 16021 N 30th St #119 Phoenix, AZ | 3.0 | 2.5 | 1426 | $1,950 | $1.37 | 24d | 1 | 0.59mi |
| 15434 N 32nd St Phoenix, AZ | 1.0–2.0 | 1.0–2.0 | 835 | $1,240 | $1.49 | 2d | 8 | 0.59mi |
| 13440 N 44th St Unit 2 Phoenix, AZ | 2.0 | 2.0 | 1102 | $1,748 | $1.59 | 10d | 1 | 0.59mi |
| 16402 N 31st St #119 Phoenix, AZ | 2.0 | 2.0 | 933 | $1,375 | $1.47 | 18d | 1 | 0.59mi |
| 16402 N 31st St #119 Phoenix, AZ | 2.0 | 2.0 | 933 | $1,375 | $1.47 | 4d | 1 | 0.59mi |
| 3003 E Kings Ave Phoenix, AZ | 3.0 | 2.0 | 1445 | $2,800 | $1.94 | 5d | 1 | 0.64mi |
| 3113 E Danbury Rd #22 Phoenix, AZ | 3.0 | 2.0 | 1353 | $5,000 | $3.70 | 24d | 1 | 0.69mi |
| 15801 N 29th St #1 Phoenix, AZ | 2.0 | 2.0 | 1108 | $1,650 | $1.49 | 22d | 1 | 0.71mi |
| 15601 N 30th St Unit 5 Phoenix, AZ | 2.0 | 2.0 | 950 | $1,375 | $1.45 | 15d | 1 | 0.72mi |
| 15626 N 29th Way Phoenix, AZ | 3.0 | 2.5 | 1271 | $2,150 | $1.69 | 24d | 1 | 0.73mi |
| 3731 E Janice Way Phoenix, AZ | 4.0 | 2.0 | 1258 | $2,650 | $2.11 | 18d | 1 | 0.76mi |
| 16815 N 29th St Phoenix, AZ | 2.0 | 1.0 | 850 | $1,050 | $1.23 | 16d | 3 | 0.77mi |
| 16815 N 29th St Phoenix, AZ | 2.0 | 1.0 | 850 | $1,199 | $1.41 | 24d | 1 | 0.77mi |
| 2844 E Marconi Ave Unit 101 Phoenix, AZ | 3.0 | 3.0 | 1123 | $1,550 | $1.38 | 22d | 1 | 0.78mi |
| 2846 E Kathleen Rd Unit 103 Phoenix, AZ | 2.0 | 1.5 | 1106 | $949 | $0.86 | 24d | 1 | 0.79mi |
| 2846 E Kathleen Rd Phoenix, AZ | 2.0 | 2.0 | 1106 | $949 | $0.86 | 24d | 1 | 0.79mi |
| 15677 N 29th St Phoenix, AZ | 4.0 | 2.0 | 1500 | $2,050 | $1.37 | 2d | 1 | 0.79mi |
| 2837 E Marconi Ave Unit 203 Phoenix, AZ | 2.0 | 1.0 | 900 | $975 | $1.08 | 24d | 1 | 0.80mi |
| 16815 N 29th St Apt 146 Phoenix, AZ | 2.0 | 1.0 | 850 | $999 | $1.18 | 24d | 1 | 0.80mi |
| 15605 N 29th St Unit 15605UNIT10-1 Phoenix, AZ | 2.0 | 1.0 | 850 | $899 | $1.06 | 24d | 1 | 0.81mi |
| 2827 E Le Marche Ave Unit 203 Phoenix, AZ | 2.0 | 2.0 | 1200 | $1,450 | $1.21 | 3d | 1 | 0.81mi |
| 2827 E Le Marche Ave Unit 103 Phoenix, AZ | 3.0 | 3.0 | 1200 | $1,800 | $1.50 | 11d | 1 | 0.81mi |
| 2931 E Beck Ln Apt 1 Phoenix, AZ | 2.0 | 2.0 | 852 | $1,175 | $1.38 | 5d | 1 | 0.81mi |
| 2826 E Monte Cristo Ave Phoenix, AZ | 2.0 | 2.0 | 929 | $1,295 | $1.39 | 15d | 1 | 0.81mi |
| 2826 E Monte Cristo Ave Unit 203 Phoenix, AZ | 2.0 | 2.0 | 929 | $1,295 | $1.39 | 16d | 1 | 0.81mi |
| 2950 E Greenway Rd Phoenix, AZ | 1.0–2.0 | 1.0 | 712 | $1,500 | $2.11 | 3d | 7 | 0.81mi |
| 3426 E Hillery Dr Phoenix, AZ | 4.0 | 2.0 | 1100 | $1,995 | $1.81 | 14d | 1 | 0.82mi |
| 3316 E Helena Dr Phoenix, AZ | 3.0 | 2.0 | 1176 | $2,000 | $1.70 | 24d | 1 | 0.82mi |
| 2822 E Kathleen Rd Unit 203 Phoenix, AZ | 2.0 | 2.0 | 850 | $1,100 | $1.29 | 5d | 1 | 0.83mi |
| 2854 E Phelps Rd Phoenix, AZ | 3.0 | 2.0 | 1488 | $1,811 | $1.22 | 22d | 1 | 0.84mi |
| 2845 E Tracy Ln #4 Phoenix, AZ | 2.0 | 1.0 | 780 | $1,750 | $2.24 | 10d | 1 | 0.84mi |
HOA detail
- Monthly dues
- $90 · $1,080/yr
- Likely covers
- poolsecurity
Listing history 12 events
-
2026-05-15$225,000 Active 825-char remark
-
2017-03-11soldstatus $112,000 Closed 652-char remark
Show marketing remark (652 chars)
Rare find 3 bed 2 bath home in desirable Palm Lakes gated lake community. Fully remodeled with new floors, new modern white kitchen cabinets with handles, new counters new sink/faucet/disposal, Stainless appliances new drywall, fresh paint throughout inside and outside. Large lot with workshop/storage, N/S exposure, Arizona Room and a beautiful redesigned interior. New ceiling fans/blinds, updated vanities in bathrooms and lots of closet space. Plenty of parking. Community offers koi pond, pool/hot tub, mini golf green park with trees, basketball court, clubhouse with activities and BBQ area. Unique home, see it today, you wont be disappointed.
-
2017-03-09status Pending 652-char remark
Show marketing remark (652 chars)
Rare find 3 bed 2 bath home in desirable Palm Lakes gated lake community. Fully remodeled with new floors, new modern white kitchen cabinets with handles, new counters new sink/faucet/disposal, Stainless appliances new drywall, fresh paint throughout inside and outside. Large lot with workshop/storage, N/S exposure, Arizona Room and a beautiful redesigned interior. New ceiling fans/blinds, updated vanities in bathrooms and lots of closet space. Plenty of parking. Community offers koi pond, pool/hot tub, mini golf green park with trees, basketball court, clubhouse with activities and BBQ area. Unique home, see it today, you wont be disappointed.
-
2017-03-09soldstatus $112,000
Show marketing remark (652 chars)
Rare find 3 bed 2 bath home in desirable Palm Lakes gated lake community. Fully remodeled with new floors, new modern white kitchen cabinets with handles, new counters new sink/faucet/disposal, Stainless appliances new drywall, fresh paint throughout inside and outside. Large lot with workshop/storage, N/S exposure, Arizona Room and a beautiful redesigned interior. New ceiling fans/blinds, updated vanities in bathrooms and lots of closet space. Plenty of parking. Community offers koi pond, pool/hot tub, mini golf green park with trees, basketball court, clubhouse with activities and BBQ area. Unique home, see it today, you wont be disappointed.
-
2017-01-25historical Under Contract Accepting Backups 652-char remark
Show marketing remark (652 chars)
Rare find 3 bed 2 bath home in desirable Palm Lakes gated lake community. Fully remodeled with new floors, new modern white kitchen cabinets with handles, new counters new sink/faucet/disposal, Stainless appliances new drywall, fresh paint throughout inside and outside. Large lot with workshop/storage, N/S exposure, Arizona Room and a beautiful redesigned interior. New ceiling fans/blinds, updated vanities in bathrooms and lots of closet space. Plenty of parking. Community offers koi pond, pool/hot tub, mini golf green park with trees, basketball court, clubhouse with activities and BBQ area. Unique home, see it today, you wont be disappointed.
-
2017-01-07$112,900 Active 652-char remark
Show marketing remark (652 chars)
Rare find 3 bed 2 bath home in desirable Palm Lakes gated lake community. Fully remodeled with new floors, new modern white kitchen cabinets with handles, new counters new sink/faucet/disposal, Stainless appliances new drywall, fresh paint throughout inside and outside. Large lot with workshop/storage, N/S exposure, Arizona Room and a beautiful redesigned interior. New ceiling fans/blinds, updated vanities in bathrooms and lots of closet space. Plenty of parking. Community offers koi pond, pool/hot tub, mini golf green park with trees, basketball court, clubhouse with activities and BBQ area. Unique home, see it today, you wont be disappointed.
-
2008-05-14soldstatus $118,600
Show marketing remark (576 chars)
Very clean & well cared for home with 2 large bedroms & baths. Enjoy the screened in porch & lovely desert landscape with citrus trees along with the front & backyard watering system. There is alot of storage with a built-in desk in the family room and china hutch in dining room, & an extra storage shed in the backyard. Great community with clubhouse, putting green, tennis court & heated pool & spa year round. Very active retirement community. Close to 101 & 51 freeways, shopping & dining. Furniture available on seperate bill of sale.
-
2008-05-14soldstatus $118,600
Show marketing remark (576 chars)
Very clean & well cared for home with 2 large bedroms & baths. Enjoy the screened in porch & lovely desert landscape with citrus trees along with the front & backyard watering system. There is alot of storage with a built-in desk in the family room and china hutch in dining room, & an extra storage shed in the backyard. Great community with clubhouse, putting green, tennis court & heated pool & spa year round. Very active retirement community. Close to 101 & 51 freeways, shopping & dining. Furniture available on seperate bill of sale.
-
2008-05-13historical
Show marketing remark (576 chars)
Very clean & well cared for home with 2 large bedroms & baths. Enjoy the screened in porch & lovely desert landscape with citrus trees along with the front & backyard watering system. There is alot of storage with a built-in desk in the family room and china hutch in dining room, & an extra storage shed in the backyard. Great community with clubhouse, putting green, tennis court & heated pool & spa year round. Very active retirement community. Close to 101 & 51 freeways, shopping & dining. Furniture available on seperate bill of sale.
-
2008-02-01$119,900
Show marketing remark (576 chars)
Very clean & well cared for home with 2 large bedroms & baths. Enjoy the screened in porch & lovely desert landscape with citrus trees along with the front & backyard watering system. There is alot of storage with a built-in desk in the family room and china hutch in dining room, & an extra storage shed in the backyard. Great community with clubhouse, putting green, tennis court & heated pool & spa year round. Very active retirement community. Close to 101 & 51 freeways, shopping & dining. Furniture available on seperate bill of sale.
-
1997-10-16soldstatus $74,450
-
1995-12-04soldstatus $70,000
ⓘ 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
- $625 · $52/mo
- Projected year-2 tax
- $1,485 · $124/mo
- Expected delta
- +$860/yr (+$72/mo · 137.6%)
ⓘ 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 1/10 Low
- Heat 8/10 Severe 6 d/yr ≥111°F today · 16 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $20,831
- − Mortgage interest
- −$12,603
- − Property taxes
- −$625
- − Insurance
- −$1,125
- − Repairs & maintenance
- −$1,666
- − Management
- −$1,666
- − HOA
- −$1,080
- − Depreciation
- −$6,545
- Taxable loss
- −$4,481
- Est. tax savings @ 24.0%
- +$1,075
- After-tax cash flow
- $543/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
- Paradise Valley Unified District (4241)
- NCES district ID
- 0405930
- Math proficiency
- 39% ▼ -11.00%
- Reading proficiency
- 46% ▼ -7.00%
- Median HH income
- $64,106
- Composite
- 37.89/100
- National rank
- #4316
- State rank
- #56 of 249 in AZ
Livability — Phoenix
- Score
- 75/100
- State rank
- #16
- US rank
- #3924
Category grades
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)
- 70,839
- Household income
- $78,643
- Rent vs Own
- Severe rent burden
- 2887.0
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 0.57)
- Race & ethnicity
- White 59% Hispanic / Latino 29% Two or more races 17% Asian 4% Black 3% Native American 2%
- Hispanic origin (detail)
- Mexican 25%
- Common ancestry
- Romanian 2% Slovak 2% Portuguese 2%
- Foreign-born
- 18% · Canada, China
- Languages at home
- 71% English-only · Spanish 21% Russian/Polish/Slavic 2% Other Indo-European 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
- ▼ -488.65%
- Current HPI
- 339.4181
- Rent YoY
- ▼ -1.46%
- 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
+221.4% since first listed13 events — show timeline
- 2026-05-19 Pending — ARMLS
- 2026-05-15 Listed $225,000 ARMLS
- 2017-03-11 Sold (MLS) $112,000 ARMLS
- 2017-03-09 Pending — ARMLS
- 2017-03-09 Sold (Public Records) $112,000 Public Records
- 2017-01-25 Contingent — ARMLS
- 2017-01-07 Listed $112,900 ARMLS
- 2008-05-14 Sold (Public Records) $118,600 Public Records
- 2008-05-14 Sold (MLS) $118,600 ARMLS
- 2008-05-13 Listing Removed — ARMLS
- 2008-02-01 Listed $119,900 ARMLS
- 1997-10-16 Sold (Public Records) $74,450 Public Records
- 1995-12-04 Sold (Public Records) $70,000 Public Records
Property tax history
+0.4%/yrLatest (2025): $625 · +2.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…