3400 N Constance Dr · Prescott Valley, AZ 86314

$224,400

3 bd · 2.0 ba · 1,248 sqft · SingleFamily public records · 217 Days on market

Built 1985 8,984 sqft lot $180/sqft · 16% below area Est $382k · 41% under

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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 +15.0/15.0
• Cash flow +13.8/30.0
• DSCR +4.2/10.0
• Livability +3.1/5.0
• 1% rule +2.9/10.0
• Schools +2.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Ranch style single family home offers 3 bedrooms and 2 bathrooms with approximately 1248 square feet of living space on a 0.21 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The data presented in this listing is deemed reliable but not guaranteed. This information should be used for informational use only and does not constitute a legal document for the description of this property. Buyer or Buyer's Agent to verify all facts, figures, schools, dimensions, Sq Ft, permits, HOA fees etc. that is of material importance to Buyer.

Key facts

• 8,984 sq ft lot
• 2 garage spots
• Built 1985

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $224k.

Deal economics

• At list price, monthly cash flow is $19 ($229/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $178k (20.6% below list).
• Recommended offer: $178k (20.6% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 3.2% in Prescott Valley — 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 62/100 on livability (#126 in AZ) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-; Watch: schools C-, amenities F, commute F.
• Humboldt Unified District (4469) (suburban): math 31% / reading 37% proficiency, ranked #94 of 249 in AZ (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 447 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,062 units permitted in Yavapai County in 2024 (98 in 5+ unit buildings).
• This rent runs 31% of the median local income ($69k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Yavapai County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 217 days — a 12% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $34k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $178,102 (20.6% below list)

Questions for the listing agent

1. It's been on market 217 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.79% ✗
• Cap rate: 6.39%
• Cash-on-cash: 0.36%
• DSCR: 1.02
• GRM: 10.5

CMA / ARV

• ARV (median comp): $382,404
• List price: $224,400
• Delta: -41.32%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3257 N Constance Dr	0.13mi	2/2.0 (-1)	1,352 (+8%)	4mo	$385,000	$285	72
3475 N Etheridge Dr	0.37mi	3/2.0	1,176 (-6%)	3mo	$375,000	$319	71
3822 N Navajo Dr	0.42mi	3/2.0	1,200 (-4%)	5mo	$420,000	$350	70
3500 N Greg Dr	0.34mi	3/2.0	1,412 (+13%)	3mo	$414,530	$294	60
8101 E Prescott Rd	0.70mi	3/2.0	1,226 (-2%)	6mo	$390,000	$318	60
3069 N Constance Dr	0.34mi	3/2.0	1,064 (-15%)	0mo	$280,000	$263	59
3514 N Greg Dr	0.34mi	3/2.0	1,431 (+15%)	7mo	$398,900	$279	54
3900 N Taylor Dr	0.49mi	3/2.0	1,407 (+13%)	3mo	$399,000	$284	53
3731 N Sharon Dr	0.37mi	2/2.0 (-1)	1,096 (-12%)	5mo	$340,000	$310	53
3585 N Lynn Dr	0.46mi	2/1.0 (-1)	1,076 (-14%)	3mo	$279,000	$259	44
8191 E Gale Rd	0.63mi	3/2.0	1,426 (+14%)	6mo	$425,000	$298	42
8070 E Gale Rd	0.73mi	4/2.0 (+1)	1,426 (+14%)	2mo	$362,000	$254	36

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 · 0.97% rent growth · sell at horizon

5-year hold

• IRR: -17.8%
• Equity multiple: 0.38×
• Total profit: $-38,787
• Equity at exit: $33,459

10-year hold

• IRR: -14.0%
• Equity multiple: 0.26×
• Total profit: $-46,556
• Equity at exit: $19,402

Cash invested: $62,832 (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 86314

• Home prices YoY: -32.3%
• Rents YoY: 1.0%
• Active inventory: 447
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,781 high
• Mortgage (P&I): −$1,177
• Tax from tax record: −$118 /mo · $1,412/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $19

Break-even live

Break-even rent $1,757

Max offer price $224,400

Occupancy floor 94%

Sensitivity live

Price	-10% $146	-5% $83	+0% $19	+5% $-44	+10% $-108
Rent	-10% $-122	-5% $-51	+0% $19	+5% $89	+10% $160
Rate	-1.0pp $132	-0.5pp $76	base $19	+0.5pp $-39	+1.0pp $-98

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: $56,100
• Closing costs: $6,732
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3279 N Corrine Dr Unit A Prescott Valley, AZ	2.0	1.0	738	$1,400	$1.90	44d	1	0.14mi
3231 N Corrine Dr Unit B Prescott Valley, AZ	2.0	2.0	948	$1,500	$1.58	44d	1	0.16mi
3172 N Truwood Dr Unit D Prescott Valley, AZ	3.0	2.0	1335	$1,525	$1.14	44d	1	0.20mi
8683 E Commons Cir Prescott Valley, AZ	1.0–2.0	1.0–2.0	834	$1,785	$2.14	14d	5	0.26mi
3123 N Corrine Dr Apt B Prescott Valley, AZ	2.0	2.0	1111	$1,595	$1.44	44d	1	0.27mi
3028 N Corrine Dr Unit A Prescott Valley, AZ	2.0	1.0	889	$1,600	$1.80	22d	1	0.36mi
3027 N Corrine Dr #2 Prescott Valley, AZ	3.0	2.0	1211	$1,695	$1.40	22d	1	0.36mi
3290 N Bumblebee Dr Unit A Prescott Valley, AZ	2.0	2.0	1050	$1,550	$1.48	14d	1	0.44mi
8411 E Sommer Dr Prescott Valley, AZ	3.0	2.0	1254	$1,900	$1.52	22d	1	0.44mi
3148 N Navajo Dr Unit C Prescott Valley, AZ	2.0	1.5	1024	$1,425	$1.39	22d	1	0.45mi
8503 E Leigh Dr Unit 3 Prescott Valley, AZ	3.0	2.5	1414	$2,195	$1.55	44d	1	0.56mi
8396 E Stevens Dr Unit B Prescott Valley, AZ	2.0	2.0	978	$2,000	$2.04	44d	1	0.63mi
8396 E Stevens Dr Unit A Prescott Valley, AZ	2.0	2.0	950	$2,000	$2.11	44d	1	0.63mi
3850 E Teri Ct #1 Prescott Valley, AZ	3.0	2.0	1453	$2,000	$1.38	44d	1	0.68mi
3866 E Teri Ct Unit A Prescott Valley, AZ	3.0	2.0	1050	$1,675	$1.60	14d	1	0.69mi
8132 E Lakeshore Dr Unit B Prescott Valley, AZ	2.0	2.0	890	$1,400	$1.57	44d	1	0.75mi
3230 N Victor Rd Unit C Prescott Valley, AZ	2.0	1.0	850	$1,350	$1.59	14d	1	0.83mi
2885 N Panorama Dr Prescott Valley, AZ	2.0	2.0	1056	$1,800	$1.70	14d	1	0.93mi
2885 N Panorama Dr Prescott Valley, AZ	2.0	2.0	1056	$1,800	$1.70	44d	1	0.93mi
4340 N Romero Cir E Prescott Valley, AZ	2.0	2.0	785	$1,300	$1.66	22d	1	0.96mi
9100 E Lakeshore Dr Unit A Prescott Valley, AZ	2.0	1.5	1223	$1,595	$1.30	44d	1	0.98mi
4500 N Carla Vista Dr Prescott Valley, AZ	3.0	1.0	1056	$1,550	$1.47	44d	1	1.11mi
4348 N Sauter Dr W Prescott Valley, AZ	3.0	2.0	1400	$2,100	$1.50	22d	1	1.12mi
3830 N Windsong Dr Prescott Valley, AZ	1.0–3.0	1.0–2.0	1097	$2,468	$2.25	14d	22	1.15mi
9665 E Magma Dr Unit A Prescott Valley, AZ	2.0	2.0	1000	$1,700	$1.70	22d	1	1.16mi
4400 N Phillip Dr Unit B Prescott Valley, AZ	2.0	2.0	999	$1,550	$1.55	44d	1	1.16mi
4357 N Miner Rd Prescott Valley, AZ	2.0	2.0	960	$1,600	$1.67	44d	1	1.21mi
9751 E Magma Dr Apt A Prescott Valley, AZ	3.0	2.0	1360	$1,675	$1.23	22d	1	1.26mi
4621 N Ocotillo Dr Prescott Valley, AZ	2.0	2.0	992	$1,875	$1.89	14d	1	1.30mi
4483 N Miner Rd Unit 2 Prescott Valley, AZ	3.0	2.0	1245	$1,845	$1.48	14d	1	1.32mi
4713 N Harlequin Dr Prescott Valley, AZ	2.0	1.0	911	$1,375	$1.51	22d	1	1.39mi
4734 N Ocotillo Dr Unit 1 Prescott Valley, AZ	3.0	2.0	1250	$1,915	$1.53	14d	1	1.40mi
3131 N Main St Prescott Valley, AZ	1.0–3.0	1.0–2.0	935	$1,985	$2.12	14d	33	1.44mi
7939 Spouse Dr Apt 1 Prescott Valley, AZ	2.0	1.5	1100	$1,500	$1.36	22d	1	1.46mi
7781 Spouse Dr Unit A Prescott Valley, AZ	2.0	1.0	912	$1,350	$1.48	22d	1	1.48mi
7749 E Spouse Dr Prescott Valley, AZ	2.0	1.0	860	$1,550	$1.80	22d	1	1.50mi

Listing history 10 events

1. 2026-05-05
   status Pending 747-char remark

   Show marketing remark (747 chars)

   This Ranch style single family home offers 3 bedrooms and 2 bathrooms with approximately 1248 square feet of living space on a 0.21 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The data presented in this listing is deemed reliable but not guaranteed. This information should be used for informational use only and does not constitute a legal document for the description of this property. Buyer or Buyer's Agent to verify all facts, figures, schools, dimensions, Sq Ft, permits, HOA fees etc. that is of material importance to Buyer.

2. 2026-04-07
   price $224,400 747-char remark

   Show marketing remark (747 chars)

   This Ranch style single family home offers 3 bedrooms and 2 bathrooms with approximately 1248 square feet of living space on a 0.21 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The data presented in this listing is deemed reliable but not guaranteed. This information should be used for informational use only and does not constitute a legal document for the description of this property. Buyer or Buyer's Agent to verify all facts, figures, schools, dimensions, Sq Ft, permits, HOA fees etc. that is of material importance to Buyer.

3. 2025-09-30
   listed $258,400 Active 747-char remark

   Show marketing remark (747 chars)

   This Ranch style single family home offers 3 bedrooms and 2 bathrooms with approximately 1248 square feet of living space on a 0.21 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The data presented in this listing is deemed reliable but not guaranteed. This information should be used for informational use only and does not constitute a legal document for the description of this property. Buyer or Buyer's Agent to verify all facts, figures, schools, dimensions, Sq Ft, permits, HOA fees etc. that is of material importance to Buyer.

4. 2025-09-30
   historical

   Show marketing remark (747 chars)

   This Ranch style single family home offers 3 bedrooms and 2 bathrooms with approximately 1248 square feet of living space on a 0.21 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The data presented in this listing is deemed reliable but not guaranteed. This information should be used for informational use only and does not constitute a legal document for the description of this property. Buyer or Buyer's Agent to verify all facts, figures, schools, dimensions, Sq Ft, permits, HOA fees etc. that is of material importance to Buyer.

5. 2025-09-23
   listed $340,000 Active
6. 2022-06-15
   soldstatus $280,000 Closed
7. 2022-06-15
   soldstatus $280,000
8. 2022-05-06
   status Pending
9. 2022-05-02
   listed $280,000 Active
10. 1993-10-29
    soldstatus $69,000

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

Tax reassessment forecast AZ · Resets to sale price

• Current annual tax: $1,412 · $118/mo
• Projected year-2 tax: $1,481 · $123/mo
• Expected delta: +$69/yr (+$6/mo · 4.9%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 6 d/yr ≥94°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,372
• − Mortgage interest: −$12,570
• − Property taxes: −$1,412
• − Insurance: −$1,122
• − Repairs & maintenance: −$1,710
• − Management: −$1,710
• − Depreciation: −$6,528
• Taxable loss: −$3,679
• Est. tax savings @ 24.0%: +$883
• After-tax cash flow: $1,112/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: Humboldt Unified District (4469)
• NCES district ID: 0403870
• Math proficiency: 31% ▼ -13.00%
• Reading proficiency: 37% ▼ -14.00%
• Median HH income: $45,326
• Composite: 29.06/100
• National rank: #6605
• State rank: #94 of 249 in AZ

Livability — Prescott Valley

• Score: 62/100
• State rank: #126
• US rank: #16160

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prescott Valley, AZ
• County: Yavapai County · 190,406 people
• City population: 63,155
• Metro: Prescott Valley-Prescott, AZ
• Population (ZIP): 40,317
• Household income: $69,208
• Rent vs Own: 32.9% rent · 67.1% own
• Severe rent burden: 1236.0

Population outlook (Yavapai County) Hauer SSP2

• Today (2025): 241,389 people
• By 2030: 249,523 · +3.4%
• By 2040: 259,966 · +7.7%
• By 2050: 264,736 · +9.7%
• By 2075: 269,334 · +11.6%
• By 2100: 256,505 · +6.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 22% Two or more races 15% Asian 1% Native American 1%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Slovak 4% Lithuanian 3% Romanian 3%
• Foreign-born: 8% · Canada
• Languages at home: 83% English-only · Spanish 15%

Political lean MEDSL · Yavapai

• 2024 margin: Solid R (+33.9) · D 32.6% · R 66.5%
• 2008→2024 swing: -9.5pp toward R · 2008: -24.4pp · 2024: -33.9pp
• All cycles: 2024: R+33.9 2020: R+29.3 2016: R+31.4 2012: R+30.7 2008: R+24.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -176.27%
• Current HPI: 370.04
• Rent YoY: ▲ 0.97%
• Metro: Prescott Valley-Prescott, 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

+225.2% since first listed

10 events — show timeline

• 2026-05-05 Pending — ARMLS
• 2026-04-07 Price Changed $224,400 ARMLS
• 2025-09-30 Listing Removed — ARMLS
• 2025-09-30 Listed $258,400 ARMLS
• 2025-09-23 Listed $340,000 ARMLS
• 2022-06-15 Sold (Public Records) $280,000 Public Records
• 2022-06-15 Sold (MLS) $280,000 PAARMLS as Distributed by MLS Grid
• 2022-05-06 Pending — PAARMLS as Distributed by MLS Grid
• 2022-05-02 Listed $280,000 PAARMLS as Distributed by MLS Grid
• 1993-10-29 Sold (Public Records) $69,000 Public Records

Property tax history

+2.8%/yr

Latest (2025): $1,412 · +1.1% YoY. Source: county tax records.