4315 N Flowing Wells Rd #59 · Flowing Wells, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 8/10 · Major
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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
$12,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to easy living in this well-kept home located in a desirable 55+ community! This charming property has been lovingly maintained and offers a comfortable, low-maintenance lifestyle perfect for enjoying your next chapter. You'll appreciate the covered parking for added convenience and protection from the Arizona sun, along with a spacious storage shed -- ideal for tools, hobbies, or extra belongings and a screened-in patio. The community features a swimming pool, recreation center, putting green, and shuffleboard courts -- perfect for staying active, social, and connected with neighbors.
Key facts
- Covered parking
- Screened-in patio
- Swimming pool
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath manufactured listed at $12k.
Deal economics
- At list price, monthly cash flow is $613 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($880 rent vs $12k).
- Recommended offer: $11k (9.0% below list) — sets the bar for market timing.
- Cap rate 67.6% vs local median 6.1% in Flowing Wells — 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 73/100 on livability (#21 in AZ) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: schools D+, crime F, amenities F.
- 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.
- Market conditions: Rents flat; 177 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $83 of loan paydown is wiped out by about $360 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 $3k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 105 days — a 9% lower offer ($11k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 105 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 7.34% ✓
- Cap rate
- 67.56%
- Cash-on-cash
- 218.81%
- DSCR
- 10.74
- GRM
- 1.1
CMA / ARV
- ARV (median comp)
- $17,926
- List price
- $12,000
- Delta
- -33.06%
- Verdict
- UNDERPRICED
- Comps
- 10 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1741 W Wetmore Rd #3 | 0.34mi | 2/1.0 (+1) | 600 (-6%) | 3mo | $10,000 | $17 | 67 |
| 1741 W Wetmore Rd #4 | 0.34mi | 2/1.0 (+1) | 600 (-6%) | 8mo | $13,100 | $22 | 64 |
| 1358 W Mohawk Dr | 0.51mi | 2/1.0 (+1) | 720 (+13%) | 0mo | $115,000 | $160 | 49 |
| 1741 W Wetmore Rd #33 | 0.38mi | 2/2.0 (+1) | 720 (+13%) | 5mo | $16,000 | $22 | 48 |
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
- IRR
- —
- Equity multiple
- 11.35×
- Total profit
- $34,761
- Equity at exit
- $1,789
- IRR
- —
- Equity multiple
- 22.28×
- Total profit
- $71,514
- Equity at exit
- $1,038
Cash invested: $3,360 (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 85705
- Rents YoY
- 0.3%
- Active inventory
- 177
- Price-to-rent
- 1.1×
Monthly cashflow live
- Estimated rent
- $880 high interval (Pro) →
- Mortgage (P&I)
- −$63
- Tax est. 1.5%
- −$15 /mo · $180/yr
- Insurance
- −$5
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$185
- Net cashflow
- $613
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
- $3,000
- Closing costs
- $360
- 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 23 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1089 W Schafer Dr Unit 4 Tucson, AZ | 1.0 | 1.0 | 350 | $750 | $2.14 | 21d | 1 | 0.35mi |
| 1355 W Roger Rd Tucson, AZ | 1.0–2.0 | 1.0–2.0 | 627 | $798 | $1.27 | 43d | 4 | 0.52mi |
| 1215 W Roger Rd Unit 1241-14 Tucson, AZ | 1.0 | 1.0 | 670 | $895 | $1.34 | 43d | 1 | 0.53mi |
| 3802 N Flowing Wells Rd Tucson, AZ | 1.0–2.0 | 1.0 | 555 | $800 | $1.44 | 43d | 5 | 0.67mi |
| 1990 W Amy Pl Unit B Tucson, AZ | 1.0 | 1.0 | 600 | $900 | $1.50 | 20d | 1 | 0.78mi |
| 620 W Limberlost Dr Unit E24 Tucson, AZ | 2.0 | 1.0 | 672 | $1,200 | $1.79 | 23d | 1 | 0.81mi |
| 1700 W Prince Rd Tucson, AZ | 1.0–2.0 | 1.0 | 618 | $823 | $1.33 | 1d | 25 | 0.91mi |
| 5100 N La Canada Dr Tucson, AZ | 1.0 | 1.0 | 686 | $1,343 | $1.96 | 44d | 1 | 0.92mi |
| 3700 N Fairview Ave Unit 104 Tucson, AZ | 1.0 | 1.0 | 444 | $949 | $2.14 | 3d | 1 | 1.01mi |
| 822 W Thurber Rd Unit B Tucson, AZ | 2.0 | 1.0 | 750 | $825 | $1.10 | 43d | 1 | 1.03mi |
| 532 W Simmons Rd Tucson, AZ | 1.0 | 1.0 | 566 | $1,000 | $1.77 | 17d | 1 | 1.14mi |
| 239 W Limberlost Dr Tucson, AZ | 1.0 | 1.0 | 680 | $795 | $1.17 | 43d | 1 | 1.23mi |
| 570 W Prince Rd Tucson, AZ | 1.0–2.0 | 1.0 | 788 | $800 | $1.02 | 43d | 13 | 1.23mi |
| 520 W Prince Rd Tucson, AZ | 1.0–2.0 | 1.0 | 557 | $838 | $1.50 | 3d | 16 | 1.30mi |
| 115 W Limberlost Dr Tucson, AZ | 1.0–2.0 | 1.0–2.0 | 806 | $1,025 | $1.27 | 23d | 1 | 1.35mi |
| 311 W Pastime Rd Tucson, AZ | 1.0 | 1.0 | 720 | $995 | $1.38 | 21d | 1 | 1.37mi |
| 13 E Limberlost Dr Tucson, AZ | — | 1.0 | 420 | $653 | $1.55 | 21d | 1 | 1.42mi |
| 15 E Limberlost Dr Tucson, AZ | — | 1.0 | 420 | $543 | $1.29 | 3d | 1 | 1.42mi |
| 30 E Camino Villas Tucson, AZ | 1.0 | 1.0 | 440 | $753 | $1.71 | 21d | 1 | 1.45mi |
| 3985 N Stone Ave Tucson, AZ | 1.0–2.0 | 1.0–2.0 | 625 | $695 | $1.11 | 15d | 21 | 1.47mi |
| 3985 N Stone Ave Tucson, AZ | 1.0–2.0 | 1.0–2.0 | 625 | $929 | $1.49 | 43d | 1 | 1.47mi |
| 3985 N Stone Ave Unit 248 Tucson, AZ | 2.0 | 1.0 | 700 | $979 | $1.40 | 11d | 1 | 1.48mi |
| 3985 N Stone Ave Unit 251 Tucson, AZ | 1.0 | 1.0 | 500 | $695 | $1.39 | 11d | 1 | 1.48mi |
Listing history 16 events
-
2026-06-18days on market $12,000 Active 105 DOM
-
2026-06-17days on market $12,000 Active 104 DOM
-
2026-06-16days on market $12,000 Active 103 DOM
-
2026-06-15days on market $12,000 Active 102 DOM
-
2026-06-13days on market $12,000 Active 100 DOM
-
2026-06-10days on market $12,000 Active 97 DOM
-
2026-06-09days on market $12,000 Active 96 DOM
-
2026-06-08days on market $12,000 Active 95 DOM
-
2026-06-07days on market $12,000 Active 94 DOM
-
2026-06-05days on market $12,000 Active 91 DOM
-
2026-06-03days on market $12,000 Active 90 DOM
-
2026-06-02days on market $12,000 Active 89 DOM
-
2026-06-01days on market $12,000 Active 88 DOM
-
2026-05-31days on market $12,000 Active 87 DOM
-
2026-05-07price $12,000 600-char remark
Show marketing remark (600 chars)
Welcome to easy living in this well-kept home located in a desirable 55+ community! This charming property has been lovingly maintained and offers a comfortable, low-maintenance lifestyle perfect for enjoying your next chapter. You'll appreciate the covered parking for added convenience and protection from the Arizona sun, along with a spacious storage shed -- ideal for tools, hobbies, or extra belongings and a screened-in patio. The community features a swimming pool, recreation center, putting green, and shuffleboard courts -- perfect for staying active, social, and connected with neighbors.
-
2026-03-06$17,000 Active 600-char remark
Show marketing remark (600 chars)
Welcome to easy living in this well-kept home located in a desirable 55+ community! This charming property has been lovingly maintained and offers a comfortable, low-maintenance lifestyle perfect for enjoying your next chapter. You'll appreciate the covered parking for added convenience and protection from the Arizona sun, along with a spacious storage shed -- ideal for tools, hobbies, or extra belongings and a screened-in patio. The community features a swimming pool, recreation center, putting green, and shuffleboard courts -- perfect for staying active, social, and connected with neighbors.
ⓘ 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 5/10 Major
- Heat 8/10 Severe 7 d/yr ≥107°F today · 18 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $10,566
- − Mortgage interest
- −$672
- − Property taxes
- −$180
- − Insurance
- −$60
- − Repairs & maintenance
- −$845
- − Management
- −$845
- − Depreciation
- −$349
- Taxable income
- $7,614
- Est. tax owed @ 24.0%
- −$1,827
- After-tax cash flow
- $5,525/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 — Flowing Wells
- Score
- 73/100
- State rank
- #21
- US rank
- #5288
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Flowing Wells, AZ
- County
- Pima County · 1,012,107 people
- Metro
- Tucson, AZ
- Population (ZIP)
- 54,700
- Household income
- $37,194
- Rent vs 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 |
|---|---|---|
| Technology | 2 | $13B |
|
||
| Mining / Metals | 1 | $23B |
|
||
| Environmental Services | 1 | $16B |
|
||
| Metals / Steel | 1 | $14B |
|
||
| Technology Distribution | 1 | $9B |
|
||
| Homebuilding | 1 | $8B |
|
||
Price history
-29.4% since first listed2 events — show timeline
- 2026-05-07 Price Changed $12,000 MLSSAZ
- 2026-03-06 Listed $17,000 MLSSAZ
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…