1380 Lincoln Ln · Bullhead City, AZ 86442

$130,000

2 bd · 2.0 ba · 941 sqft · Land public records · 284 Days on market

Built 1980 4,792 sqft lot

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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).

• Cash flow +20.8/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +4.1/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks

THIS CUTE MOBILE NEEDS SOME TLC! LOCATED JUST ONE BLOCK FROM THE RIVER. LOTS OF PARKING. FENCED YARD.

Key facts

• Fenced yard
• Lots of parking
• 4,792 sq ft lot

Tags

• ONE BLOCK FROM THE RIVER
• LOTS OF PARKING
• FENCED YARD

Property features AI

Exterior

• Utilities: Public water; Public sewer; Natural gas available; Underground utilities
• Home design: Manufactured home (single wide); Residential property
• Construction: Rolled/hot mop roof
• Exterior features: Chain link fencing; Has a view

Interior

• Kitchen: Dishwasher
• Bedrooms: Manufactured home configuration (single wide)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric)
• Interior features: Laminate counters; Open kitchen with casual dining
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath land listed at $130k.

Deal economics

• At list price, monthly cash flow is $177 ($2k/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 $119k (8.8% below list).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 3.7% in Bullhead City — 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 64/100 on livability (#103 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D, crime D-.
• Bullhead City School District (4378) (town): math 16% / reading 22% proficiency, ranked #189 of 249 in AZ (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Bullhead City Middle School (math 14% / reading 23%, grade F, #140 of 218 statewide, top 65%, 508 students, 78% FRL); Mohave High School (math 14% / reading 21%, grade F, #245 of 381 statewide, top 65%, 1,175 students, 51% FRL) — zoned schools at 64% FRL track the district average.
• Market conditions: Rents soft (-0.9%/yr); 713 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,543 units permitted in Mohave County in 2024 (33 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Mohave County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 284 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $57k; list at $130k implies a 128% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 284 days. Have you received any prior offers? Is the seller open to a 12% 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is D 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.91% ✗
• Cap rate: 7.93%
• Cash-on-cash: 5.85%
• DSCR: 1.26
• GRM: 9.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -10.3%
• Equity multiple: 0.63×
• Total profit: $-13,304
• Equity at exit: $19,383

10-year hold

• IRR: -5.1%
• Equity multiple: 0.71×
• Total profit: $-10,731
• Equity at exit: $11,240

Cash invested: $36,400 (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 86442

• Home prices YoY: -27.0%
• Rents YoY: -0.9%
• Active inventory: 713
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,185 high
• Mortgage (P&I): −$682
• Tax from tax record: −$23 /mo · $276/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$249
• Net cashflow: $177

Break-even live

Break-even rent $961

Max offer price $130,000

Occupancy floor 80%

Sensitivity live

Price	-10% $251	-5% $214	+0% $177	+5% $141	+10% $-52
Rent	-10% $84	-5% $131	+0% $177	+5% $224	+10% $271
Rate	-1.0pp $243	-0.5pp $211	base $177	+0.5pp $144	+1.0pp $110

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1336 Ramar Rd Bullhead City, AZ	1.0	1.0	750	$750	$1.00	9d	1	0.22mi
1489 Church Dr Bullhead City, AZ	1.0	1.0	672	$1,100	$1.64	15d	1	0.32mi
1190 Ramar Rd Unit F52 Bullhead City, AZ	2.0	1.0	846	$1,000	$1.18	15d	1	0.40mi
1190 Ramar Rd Unit C21 Bullhead City, AZ	2.0	2.0	858	$1,200	$1.40	15d	1	0.40mi
1190 Ramar Rd Bullhead City, AZ	1.0–2.0	1.0–2.0	735	$1,050	$1.43	22d	1	0.40mi
1645 Palma Cir W Bullhead City, AZ	2.0	1.0	682	$950	$1.39	15d	1	0.50mi
1066 Mobile Ln Bullhead City, AZ	2.0	2.0	931	$1,250	$1.34	15d	1	0.54mi
1453 Luna Ln Bullhead City, AZ	2.0	1.0	1050	$1,500	$1.43	15d	1	0.78mi
945 Holly St Bullhead City, AZ	2.0	1.0	967	$1,295	$1.34	15d	1	0.78mi
813 Gemstone Ave Bullhead City, AZ	2.0	2.0	1000	$1,200	$1.20	15d	1	1.13mi
1663 Hwy 95 Bullhead, AZ	1.0	1.0	688	$1,700	$2.47	15d	1	1.32mi
1663 Highway 95 Unit C11 Bullhead City, AZ	2.0	2.0	1014	$1,800	$1.78	15d	1	1.33mi
3550 Bay Sands Dr Laughlin, NV	1.0–2.0	1.0–2.0	820	$1,400	$1.71	25d	4	1.43mi
3550 Bay Sands Dr Laughlin, NV	1.0–2.0	1.0–2.0	820	$1,400	$1.71	12d	5	1.43mi

Listing history 21 events

1. 2026-06-21
   days on market $130,000 Active 284 DOM
2. 2026-06-18
   days on market $130,000 Active 281 DOM
3. 2026-06-17
   days on market $130,000 Active 280 DOM
4. 2026-06-16
   days on market $130,000 Active 279 DOM
5. 2026-06-15
   days on market $130,000 Active 278 DOM
6. 2026-06-14
   days on market $130,000 Active 276 DOM
7. 2026-06-13
   days on market $130,000 Active 275 DOM
8. 2026-06-10
   days on market $130,000 Active 273 DOM
9. 2026-06-09
   days on market $130,000 Active 272 DOM
10. 2026-06-08
    days on market $130,000 Active 271 DOM
11. 2026-06-07
    days on market $130,000 Active 270 DOM
12. 2026-06-05
    days on market $130,000 Active 267 DOM
13. 2026-06-02
    days on market $130,000 Active 265 DOM
14. 2026-06-01
    days on market $130,000 Active 264 DOM
15. 2026-05-31
    days on market $130,000 Active 263 DOM
16. 2026-05-30
    days on market $130,000 Active 262 DOM
17. 2025-09-10
    listed $130,000 Active
18. 2005-01-03
    soldstatus $56,900
19. 2001-04-23
    soldstatus $27,500
20. 2001-04-23
    soldstatus $27,500
21. 1995-02-28
    soldstatus $29,000

ⓘ 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: $276 · $23/mo
• Projected year-2 tax: $858 · $72/mo
• Expected delta: +$582/yr (+$48/mo · 210.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥116°F today · 16 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: $14,223
• − Mortgage interest: −$7,282
• − Property taxes: −$276
• − Insurance: −$650
• − Repairs & maintenance: −$1,138
• − Management: −$1,138
• − Depreciation: −$3,782
• Taxable loss: −$42
• Est. tax savings @ 24.0%: +$10
• After-tax cash flow: $2,140/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: Bullhead City School District (4378)
• NCES district ID: 0401500
• Math proficiency: 16% ▼ -11.00%
• Reading proficiency: 22% ▼ -6.00%
• Median HH income: $37,109
• Composite: 15.83/100
• National rank: #9263
• State rank: #189 of 249 in AZ

Livability — Bullhead City

• Score: 64/100
• State rank: #103
• US rank: #14458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bullhead City, AZ
• County: Mohave County · 181,906 people
• City population: 43,354
• Metro: Lake Havasu City-Kingman, AZ
• Population (ZIP): 34,735
• Household income: $48,081
• Rent vs Own: 30.1% rent · 69.9% own
• Severe rent burden: 1040.0

Population outlook (Mohave County) Hauer SSP2

• Today (2025): 209,184 people
• By 2030: 209,674 · +0.2%
• By 2040: 205,897 · -1.6%
• By 2050: 196,810 · -5.9%
• By 2075: 169,454 · -19.0%
• By 2100: 136,630 · -34.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 22% Two or more races 12% Black 2% Asian 2%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Portuguese 3% Romanian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, South Korea
• Languages at home: 87% English-only · Spanish 11%

Political lean MEDSL · Mohave

• 2024 margin: Solid R (+55.8) · D 21.8% · R 77.6%
• 2008→2024 swing: -22.9pp toward R · 2008: -32.9pp · 2024: -55.8pp
• All cycles: 2024: R+55.8 2020: R+51.3 2016: R+51.5 2012: R+42.6 2008: R+32.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -100.11%
• Current HPI: 270.3297
• Rent YoY: ▼ -0.90%
• Metro: Lake Havasu City-Kingman, 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

+348.3% since first listed

5 events — show timeline

• 2025-09-10 Listed $130,000 WARDEX
• 2005-01-03 Sold (Public Records) $56,900 Public Records
• 2001-04-23 Sold (Public Records) $27,500 Public Records
• 2001-04-23 Sold (Public Records) $27,500 Public Records
• 1995-02-28 Sold (Public Records) $29,000 Public Records

Property tax history

+1.8%/yr

Latest (2025): $276 · +3.3% YoY. Source: county tax records.