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4315 N Flowing Wells Rd #59
C- Composite 50.89
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

4315 N Flowing Wells Rd #59 · Flowing Wells, AZ 85705
1 bd · 1.0 ba · 636 sqft · Manufactured · 105 Days on market
Built 1967 3,504 sqft lot $19/sqft · 33% below area Est $18k · 33% under ↓ 29% since listing

🖨 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

COVERED PARKINGSTORAGE SHEDSCREENED-IN PATIOSWIMMING POOLRECREATION CENTERPUTTING GREEN

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 $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.
Recommended offer $10,920 (9.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  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
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

5-year hold
IRR
Equity multiple
11.35×
Total profit
$34,761
Equity at exit
$1,789
10-year hold
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
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
1.1×

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

Break-even rent $105
Max offer price $12,000
Occupancy floor 25%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $12,000 Active 105 DOM
  2. 2026-06-17
    days on market $12,000 Active 104 DOM
  3. 2026-06-16
    days on market $12,000 Active 103 DOM
  4. 2026-06-15
    days on market $12,000 Active 102 DOM
  5. 2026-06-13
    days on market $12,000 Active 100 DOM
  6. 2026-06-10
    days on market $12,000 Active 97 DOM
  7. 2026-06-09
    days on market $12,000 Active 96 DOM
  8. 2026-06-08
    days on market $12,000 Active 95 DOM
  9. 2026-06-07
    days on market $12,000 Active 94 DOM
  10. 2026-06-05
    days on market $12,000 Active 91 DOM
  11. 2026-06-03
    days on market $12,000 Active 90 DOM
  12. 2026-06-02
    days on market $12,000 Active 89 DOM
  13. 2026-06-01
    days on market $12,000 Active 88 DOM
  14. 2026-05-31
    days on market $12,000 Active 87 DOM
  15. 2026-05-07
    price $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.

  16. 2026-03-06
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

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

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
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

-29.4% since first listed
2 events — show timeline
  • 2026-05-07 Price Changed $12,000 MLSSAZ
  • 2026-03-06 Listed $17,000 MLSSAZ

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…