13250 N 11th Ave · Phoenix, AZ 85029

$1

3 bd · 2.0 ba · 1,610 sqft · SingleFamily public records · 30 Days on market

Built 1972 Good condition 0.28 ac lot

---

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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• Schools +2.3/10.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully remodeled home located in great neighborhood in Moon Valley. Three bedroom, 2 bathrooms, 2 car garage with over 12,000 square foot lot. Charming exposed brick fireplace in living room. New tile in bathrooms, vanities, LVP floors, backsplash and quartz countertops. New lighting fixtures and fans. Fresh paint on both interior and exterior. Peaceful backyard with a beautiful tree, lots of shade and mountain views. Near the hiking trails, golf courses and country clubs.

Key facts

• 0.28 acre lot
• 2 garage spots
• Built 1972

Property features AI

Finance

• HOA & community: No association fees

Exterior

• Parking: 2 covered parking spaces; 2 open parking spaces; 2 garage spaces
• Utilities: City water; Public sewer
• Home design: Single family residence; Fee simple ownership
• Construction: Stucco and wood frame construction; Built-up roof
• Exterior features: Block fencing; Grass in front yard; Grass in back yard

Interior

• Kitchen: Laminate countertops; Walk-in pantry
• Bedrooms: Up to 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Ceiling heating; Central air conditioning
• Interior features: Pantry; 3/4 bath in master bedroom; Laminate counters; Living room fireplace
• Laundry & utility: Washer/dryer hookup only

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $1. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $1).
• Cap rate 2015436.5% 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.
• Glendale Union High School District (4285) (urban): math 23% / reading 31% proficiency, ranked #130 of 249 in AZ (top 52%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Thunderbird High School (math 28% / reading 35%, grade F, #109 of 381 statewide, top 29%, 1,540 students, 43% FRL).
• Market conditions: Rents soft (-2.6%/yr); 156 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• This rent runs 40% of the median local income ($65k/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 $0 of loan paydown is wiped out by about $0 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $0 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($0) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1

Questions for the listing agent

1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 212599.00% ✓
• Cap rate: 2015436.52%
• Cash-on-cash: 7197965.10%
• DSCR: 320269.94
• GRM: 0.0

CMA / ARV

• ARV (on-the-fly): $431,480
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1536 W Willow Ave	0.35mi	3/2.0	1,575 (-2%)	10mo	$315,000	$200	71
1326 W Joan DE Arc Ave	0.10mi	3/2.0	1,797 (+12%)	9mo	$427,000	$238	68
1641 W Andorra Dr	0.50mi	4/3.0 (+1)	1,614 (+0%)	1mo	$429,900	$266	67
1527 W Windrose Dr	0.54mi	3/2.0	1,721 (+7%)	0mo	$585,000	$340	63
1403 W Wood Dr	0.17mi	3/2.0	1,805 (+12%)	13mo	$484,000	$268	61
1523 W Pershing Ave	0.35mi	3/2.0	1,390 (-14%)	2mo	$370,000	$266	60
1523 W Surrey Ave	0.37mi	3/2.0	1,460 (-9%)	10mo	$429,900	$294	59
1633 W Andorra Dr	0.48mi	3/2.0	1,708 (+6%)	12mo	$400,000	$234	58
1718 W Voltaire Ave	0.58mi	4/2.0 (+1)	1,568 (-3%)	12mo	$430,000	$274	54
13425 N 16th Ave	0.41mi	3/2.0	1,420 (-12%)	10mo	$450,000	$317	53
118 W Tam Oshanter Dr	0.70mi	3/2.0	1,846 (+15%)	1mo	$552,500	$299	42
1733 W Surrey Ave	0.64mi	3/3.0	1,800 (+12%)	8mo	$375,000	$208	40

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

5-year hold

• IRR: —
• Equity multiple: 263811.02×
• Total profit: $73,867
• Equity at exit: $0

10-year hold

• IRR: —
• Equity multiple: 514994.75×
• Total profit: $144,198
• Equity at exit: $0

Cash invested: $0 (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 85029

• Rents YoY: -2.6%
• Active inventory: 156

Monthly cashflow live

• Estimated rent: $2,126 high
• Mortgage (P&I): −$0
• Tax est. 1.5%: −$0 /mo · $0/yr
• Insurance: −$0
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$446
• Net cashflow: $1,253

Break-even live

Break-even rent $540

Max offer price $1

Occupancy floor 36%

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: $0
• Closing costs: $0
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13249 N 14th Dr Phoenix, AZ	3.0	2.0	1824	$2,176	$1.19	1d	1	0.20mi
1631 W Friess Dr Phoenix, AZ	4.0	2.0	1756	$2,890	$1.65	1d	1	0.49mi
1715 W Pershing Ave Phoenix, AZ	4.0	2.0	1834	$2,700	$1.47	2d	1	0.57mi
13832 N 17th Ave Phoenix, AZ	4.0	2.0	1520	$2,300	$1.51	10d	1	0.58mi
1641 W Evans Dr Phoenix, AZ	4.0	2.0	2002	$10,000	$5.00	1d	1	0.88mi
1944 W Thunderbird Rd Phoenix, AZ	1.0–3.0	1.0–2.0	1062	$1,835	$1.73	1d	58	1.00mi
14230 N 19th Ave Phoenix, AZ	1.0–3.0	1.0–2.0	947	$1,665	$1.76	1d	33	1.06mi
12602 N 21st Ave Phoenix, AZ	3.0	2.0	1147	$1,699	$1.48	10d	1	1.09mi
13204 N 3rd Way Phoenix, AZ	2.0	1.5	1248	$1,950	$1.56	2d	1	1.12mi
14602 N 19th Ave Phoenix, AZ	1.0–3.0	1.0–2.0	1004	$1,800	$1.79	23d	8	1.13mi
14602 N 19th Ave Phoenix, AZ	2.0	2.0	1052	$1,565	$1.49	17d	1	1.13mi
229 W Pine Valley Dr Phoenix, AZ	3.0	2.0	2168	$3,300	$1.52	1d	1	1.14mi
2122 W Shaw Butte Dr Phoenix, AZ	4.0	2.0	1566	$2,311	$1.48	13d	1	1.27mi
13820 N 7th Way Phoenix, AZ	3.0	2.5	1912	$2,675	$1.40	24d	1	1.34mi
13615 N 24th Ave Phoenix, AZ	3.0	2.0	1600	$2,400	$1.50	2d	1	1.36mi
11622 N 20th Ave Phoenix, AZ	3.0	2.0	1465	$2,200	$1.50	1d	1	1.36mi
826 E Eugie Ave Phoenix, AZ	3.0	2.0	1066	$1,795	$1.68	18d	1	1.44mi
12024 N 23rd Ave Phoenix, AZ	2.0	2.0	1189	$1,595	$1.34	11d	1	1.44mi
2414 W Redfield Rd Phoenix, AZ	3.0	2.0	1688	$2,165	$1.28	1d	1	1.48mi

Listing history 25 events

1. 2026-06-18
   days on market $1 Active 30 DOM
2. 2026-06-17
   days on market $1 Active 29 DOM
3. 2026-06-16
   days on market $1 Active 28 DOM
4. 2026-06-15
   days on market $1 Active 27 DOM
5. 2026-06-13
   days on market $1 Active 25 DOM
6. 2026-06-09
   days on market $1 Active 21 DOM
7. 2026-06-08
   days on market $1 Active 20 DOM
8. 2026-06-07
   days on market $1 Active 19 DOM
9. 2026-06-04
   days on market $1 Active 16 DOM
10. 2026-06-03
    days on market $1 Active 15 DOM
11. 2026-06-02
    days on market $1 Active 14 DOM
12. 2026-06-01
    days on market $1 Active 13 DOM
13. 2026-05-31
    days on market $1 Active 12 DOM
14. 2026-05-19
    listed $1 Active
15. 2022-06-22
    soldstatus $520,000
16. 2022-06-20
    soldstatus $520,000 Closed 484-char remark

    Show marketing remark (484 chars)

    Beautifully remodeled home located in great neighborhood in Moon Valley. Three bedroom, 2 bathrooms, 2 car garage with over 12,000 square foot lot. Charming exposed brick fireplace in living room. New tile in bathrooms, vanities, LVP floors, backsplash and quartz countertops. New lighting fixtures and fans. Fresh paint on both interior and exterior. Peaceful backyard with a beautiful tree, lots of shade and mountain views. Near the hiking trails, golf courses and country clubs.

17. 2022-05-30
    historical Under Contract Accepting Backups 484-char remark

    Show marketing remark (484 chars)

    Beautifully remodeled home located in great neighborhood in Moon Valley. Three bedroom, 2 bathrooms, 2 car garage with over 12,000 square foot lot. Charming exposed brick fireplace in living room. New tile in bathrooms, vanities, LVP floors, backsplash and quartz countertops. New lighting fixtures and fans. Fresh paint on both interior and exterior. Peaceful backyard with a beautiful tree, lots of shade and mountain views. Near the hiking trails, golf courses and country clubs.

18. 2022-05-16
    price $524,900 484-char remark

    Show marketing remark (484 chars)

    Beautifully remodeled home located in great neighborhood in Moon Valley. Three bedroom, 2 bathrooms, 2 car garage with over 12,000 square foot lot. Charming exposed brick fireplace in living room. New tile in bathrooms, vanities, LVP floors, backsplash and quartz countertops. New lighting fixtures and fans. Fresh paint on both interior and exterior. Peaceful backyard with a beautiful tree, lots of shade and mountain views. Near the hiking trails, golf courses and country clubs.

19. 2022-05-12
    price $559,900 484-char remark

    Show marketing remark (484 chars)

    Beautifully remodeled home located in great neighborhood in Moon Valley. Three bedroom, 2 bathrooms, 2 car garage with over 12,000 square foot lot. Charming exposed brick fireplace in living room. New tile in bathrooms, vanities, LVP floors, backsplash and quartz countertops. New lighting fixtures and fans. Fresh paint on both interior and exterior. Peaceful backyard with a beautiful tree, lots of shade and mountain views. Near the hiking trails, golf courses and country clubs.

20. 2022-05-02
    listed $569,900 Active 484-char remark

    Show marketing remark (484 chars)

    Beautifully remodeled home located in great neighborhood in Moon Valley. Three bedroom, 2 bathrooms, 2 car garage with over 12,000 square foot lot. Charming exposed brick fireplace in living room. New tile in bathrooms, vanities, LVP floors, backsplash and quartz countertops. New lighting fixtures and fans. Fresh paint on both interior and exterior. Peaceful backyard with a beautiful tree, lots of shade and mountain views. Near the hiking trails, golf courses and country clubs.

21. 2022-03-11
    historical
22. 2022-03-03
    price $549,000
23. 2022-02-09
    listed $569,900 Active
24. 1993-06-29
    soldstatus $88,000
25. 1986-08-12
    soldstatus $85,000

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone AE · 67% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,512
• − Mortgage interest: −$0
• − Property taxes: −$0
• − Insurance: −$5,119
• − Repairs & maintenance: −$2,041
• − Management: −$2,041
• − Depreciation: −$0
• Taxable income: $16,311
• Est. tax owed @ 24.0%: −$3,915
• After-tax cash flow: $11,121/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.

Condition & rehab AI · 6 photos

Good 80/100 Cosmetic rehab

This property is in excellent condition with recent renovations, making it a great investment opportunity for both resale and rental.

Value-add opportunities

• Both Paint exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
• Both Replace ceiling fans with energy-efficient models — Energy-efficient fans reduce utility costs and improve comfort
• Both Install smart home devices for energy management and security — Smart devices increase home value and convenience

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Replace ceiling fans with energy-efficient models — Energy-efficient fans reduce utility costs and improve comfort ↑
• Both Install smart home devices for energy management and security — Smart devices increase home value and convenience ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Glendale Union High School District (4285)
• NCES district ID: 0403450
• Math proficiency: 23% ▼ -38.00%
• Reading proficiency: 31% ▼ -19.00%
• Median HH income: $40,846
• Composite: 22.81/100
• National rank: #8020
• State rank: #130 of 249 in AZ

Livability — Phoenix

• Score: 75/100
• State rank: #16
• US rank: #3924

Category grades

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

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): 49,683
• Household income: $64,556
• Rent vs Own: 45.5% rent · 54.5% own
• Severe rent burden: 2196.0

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 0.64)
• Race & ethnicity: White 47% Hispanic / Latino 36% Two or more races 19% Black 6% Native American 4% Asian 3%
• Hispanic origin (detail): Mexican 30% Cuban 1%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 17% · Canada, China, Vietnam
• Languages at home: 69% English-only · Spanish 25% Arabic 1% Tagalog/Filipino 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: ▼ -346.94%
• Current HPI: 361.0214
• Rent YoY: ▼ -2.64%
• 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

+511.8% since first listed

12 events — show timeline

• 2026-05-19 Listed $1 ARMLS
• 2022-06-22 Sold (Public Records) $520,000 Public Records
• 2022-06-20 Sold (MLS) $520,000 ARMLS
• 2022-05-30 Contingent — ARMLS
• 2022-05-16 Price Changed $524,900 ARMLS
• 2022-05-12 Price Changed $559,900 ARMLS
• 2022-05-02 Listed $569,900 ARMLS
• 2022-03-11 Listing Removed — ARMLS
• 2022-03-03 Price Changed $549,000 ARMLS
• 2022-02-09 Listed $569,900 ARMLS
• 1993-06-29 Sold (Public Records) $88,000 Public Records
• 1986-08-12 Sold (Public Records) $85,000 Public Records

Property tax history

+1.6%/yr

Latest (2025): $2,484 · +3.9% YoY. Source: county tax records.