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3000 N Romero Rd Unit C7
C- Composite 50.94
Why this score? — see what drove the C- 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 +15.0/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Livability +3.7/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$15,000

3000 N Romero Rd Unit C7 · Tucson, AZ 85705
1 bd · 1.0 ba · 672 sqft · Manufactured · 8 Days on market
Built 1964 9.69 ac lot Est $28k · 47% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This home can be relocated or enjoy it as Romero Estates (an all-age community). This 1969 property has been updated in 2022. 1 bed 1 bath property. Newer 1-ton mini split system. Laminate Floors throughout. Come take a look at this! Land Lease is 650.00 a month

Key facts

  • Laminate floors
  • Updated in 2022
  • 9.69 acre lot

Tags

UPDATED IN 2022NEWER 1-TON MINI SPLIT SYSTEMLAMINATE FLOORS

Property features AI

Finance

  • HOA & community: Community pool; Community recreation center

Exterior

  • Parking: Covered carport (1 space)
  • Utilities: Water from a water company; Sewer connected; Electric service present
  • Home design: Mobile home; One story
  • Construction: Siding exterior; Built-up reflective roof
  • Exterior features: Corner lot; Chip-and-seal road access; Road maintenance agreement; Pool and recreation center in the community

Interior

  • Kitchen: Refrigerator; Gas oven
  • Flooring: Vinyl flooring
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Mini-split heating
  • Interior features: Exhaust fan; Smoke detector(s)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath manufactured listed at $15k.

Deal economics

  • At list price, monthly cash flow is $596 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($886 rent vs $15k).
  • Cap rate 54.0% vs local median 3.7% in Tucson — 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 74/100 on livability (#17 in AZ, #4,502 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety C-, crime F, employment D-.
  • Flowing Wells Unified District (4405) (suburban): math 23% / reading 30% proficiency, ranked #143 of 249 in AZ (top 57%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Flowing Wells Junior High School (math 24% / reading 28%, grade F, #100 of 218 statewide, top 47%, 818 students, 74% FRL); Flowing Wells High School (math 22% / reading 24%, grade F, #208 of 381 statewide, top 55%, 1,694 students, 65% FRL) — zoned schools at 69% FRL track the district average.
  • Market conditions: Rents flat; 177 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 5,268 units permitted in Pima County in 2024 (996 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $104 of loan paydown is wiped out by about $450 of value loss. Plan a longer hold.
  • Pima County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 0.3% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts 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

  • Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $15,000

Questions for the listing agent

  1. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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. 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
5.90%
Cap rate
53.96%
Cash-on-cash
170.26%
DSCR
8.58
GRM
1.4

CMA / ARV

ARV (on-the-fly)
$28,224
Comps found
4
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3426 N Romero Rd #76 0.44mi 1/1.0 710 (+6%) 13mo $30,000 $42 59
3426 N Romero Rd #29 0.54mi 2/1.0 (+1) 648 (-4%) 15mo $17,000 $26 52
3120 N Romero Rd #45 0.14mi 2/2.0 (+1) 740 (+10%) 21mo $52,000 $70 50
3426 N Romero Rd #16 0.54mi 2/2.0 (+1) 756 (+12%) 21mo $7,000 $9 28

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 · 0.3% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
8.90×
Total profit
$33,193
Equity at exit
$2,237
10-year hold
IRR
Equity multiple
17.36×
Total profit
$68,723
Equity at exit
$1,297

Cash invested: $4,200 (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.

ZIP-level market 85705

Rents YoY
0.3%
Active inventory
177
Price-to-rent
1.4×

Monthly cashflow live

Estimated rent
$886 high interval (Pro) →
Mortgage (P&I)
$79
Tax est. 1.5%
$19 /mo · $225/yr
Insurance
$6
HOA
$0
Vacancy / Maint / Mgmt
$186
Net cashflow
$596

Break-even live

Break-even rent $131
Max offer price $15,000
Occupancy floor 28%

Sensitivity live

Price -10% $606 -5% $601 +0% $596 +5% $591 +10% $586
Rent -10% $526 -5% $561 +0% $596 +5% $631 +10% $666
Rate -1.0pp $603 -0.5pp $600 base $596 +0.5pp $592 +1.0pp $588

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
$3,750
Closing costs
$450
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 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3055 N Flowing Wells Rd Tucson, AZ 1.0–2.0 1.0 652 $849 $1.30 4d 3 0.27mi
1700 W Prince Rd Tucson, AZ 1.0–2.0 1.0 618 $823 $1.33 2d 25 0.81mi
3802 N Flowing Wells Rd Tucson, AZ 1.0–2.0 1.0 555 $800 $1.44 44d 5 1.05mi
3700 N Fairview Ave Unit 104 Tucson, AZ 1.0 1.0 444 $949 $2.14 4d 1 1.15mi
2120 N Silverbell Rd Tucson, AZ 2.0 2.0 728 $1,137 $1.56 44d 1 1.16mi
2120 N Silverbell Rd Tucson, AZ 2.0 2.0 728 $1,129 $1.55 17d 1 1.16mi
2299 N Silverbell Rd Tucson, AZ 1.0–2.0 1.0–2.0 630 $980 $1.56 3d 7 1.17mi
822 W Thurber Rd Unit B Tucson, AZ 2.0 1.0 750 $825 $1.10 44d 1 1.18mi
1355 W Roger Rd Tucson, AZ 1.0–2.0 1.0–2.0 627 $798 $1.27 44d 4 1.21mi
450 W Kelso St Tucson, AZ 1.0 1.0 569 $890 $1.56 4d 4 1.25mi
1215 W Roger Rd Unit 1241-14 Tucson, AZ 1.0 1.0 670 $895 $1.34 44d 1 1.27mi
570 W Prince Rd Tucson, AZ 1.0–2.0 1.0 788 $800 $1.02 44d 13 1.27mi
455 W Kelso St Tucson, AZ 1.0–2.0 1.0 651 $750 $1.15 45d 3 1.28mi
2620 N 14th Ave Unit WI2620-5 Tucson, AZ 1.0 1.0 360 $695 $1.93 24d 1 1.30mi
520 W Prince Rd Tucson, AZ 1.0–2.0 1.0 557 $838 $1.50 4d 16 1.34mi
1605 N Yavapai St Unit 2 Tucson, AZ 2.0 1.0 750 $1,349 $1.80 44d 1 1.40mi
2550 W Ironwood Hill Dr Tucson, AZ 1.0–4.0 1.0–3.0 928 $899 $0.97 3d 20 1.42mi
3066 N Balboa Ave Tucson, AZ 1.0 1.0 550 $844 $1.53 24d 2 1.43mi
2740 N Balboa Ave Tucson, AZ 1.0 1.0 600 $745 $1.24 3d 9 1.45mi
532 W Simmons Rd Tucson, AZ 1.0 1.0 566 $1,000 $1.77 18d 1 1.46mi
510 W Sahuaro St Unit 1106 Tucson, AZ 1.0 360 $695 $1.93 44d 1 1.47mi
510 W Sahuaro St Unit 1105 Tucson, AZ 1.0 360 $695 $1.93 24d 1 1.47mi
219 W Fort Lowell Rd Tucson, AZ 1.0 1.0 476 $850 $1.79 44d 2 1.47mi
297 W Kelso St Unit 12 Tucson, AZ 1.0 1.0 610 $695 $1.14 44d 1 1.47mi
212 W Blacklidge Dr Tucson, AZ 1.0 1.0 600 $950 $1.58 22d 1 1.48mi
201 W Blacklidge Dr Tucson, AZ 1.0 1.0 520 $949 $1.82 24d 1 1.48mi
210 W Blacklidge Dr Unit 1 Tucson, AZ 2.0 1.0 600 $1,075 $1.79 4d 1 1.48mi

Listing history 6 events

  1. 2026-06-18
    days on market $15,000 Active 8 DOM
  2. 2026-06-17
    days on market $15,000 Active 7 DOM
  3. 2026-06-16
    days on market $15,000 Active 6 DOM
  4. 2026-06-15
    days on market $15,000 Active 5 DOM
  5. 2026-06-13
    remarks 263-char remark
  6. 2026-06-13
    listed $15,000 Active 3 DOM

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 10/10 Extreme
  • 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 17 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$10,626
− Mortgage interest
−$840
− Property taxes
−$225
− Insurance
−$75
− Repairs & maintenance
−$850
− Management
−$850
− Depreciation
−$436
Taxable income
$7,349
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,764
After-tax cash flow
$5,387/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
Flowing Wells Unified District (4405)
NCES district ID
0403010
Math proficiency
23% ▼ -19.00%
Reading proficiency
30% ▼ -14.00%
Median HH income
$33,361
Composite
21.69/100
National rank
#8271
State rank
#143 of 249 in AZ

Livability — Tucson

Score
74/100
State rank
#17
US rank
#4502

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Tucson, AZ
County
Pima County · 1,012,107 people
City population
839,336
Metro
Tucson, AZ
Population (ZIP)
54,700
Household income
$37,194
Rent vs Own
55.1% rent · 44.9% own
Severe rent burden
4240.0

Population outlook (Pima County) Hauer SSP2

Today (2025)
1,066,056 people
By 2030
1,086,684 · +1.9%
By 2040
1,117,160 · +4.8%
By 2050
1,149,778 · +7.9%
By 2075
1,271,480 · +19.3%
By 2100
1,321,160 · +23.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
Hispanic / Latino 45% White 41% Two or more races 18% Asian 4% Black 3% Native American 3%
Hispanic origin (detail)
Mexican 41%
Common ancestry
Portuguese 2% Romanian 2% Lithuanian 2%
Foreign-born
18% · Canada, China, Vietnam
Languages at home
65% English-only · Spanish 30% Chinese 1% Vietnamese 1%

Political lean MEDSL · Pima

2024 margin
D (+15.2) · D 57.0% · R 41.8% · Other 1.2%
2008→2024 swing
+9.1pp toward D · 2008: 6.1pp · 2024: 15.2pp
All cycles
2024: D+15.2 2020: D+18.7 2016: D+13.5 2012: D+5.8 2008: D+6.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -163.31%
Current HPI
283.0647
Rent YoY
▲ 0.30%
Metro
Tucson, AZ
State GDP YoY
▲ 4.54%
F500 in state
20

Industry mix (Fortune 500 HQ in AZ)

Industry F500 HQs Revenue

Price history

-61.5% since first listed
5 events — show timeline
  • 2026-06-10 Listed $15,000 MLSSAZ
  • 2026-05-01 Listing Removed MLSSAZ
  • 2026-01-07 Listed $17,000 MLSSAZ
  • 2026-01-01 Listing Removed MLSSAZ
  • 2025-10-26 Listed $39,000 MLSSAZ

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…