650 E Busby Dr #94 · Sierra Vista, AZ 85635

$85,000

4 bd · 2.0 ba · 1,792 sqft · Manufactured · 217 Days on market

Manufactured home Built 2010 Average condition 5,445 sqft lot $47/sqft · 57% below area

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Schools +2.8/10.0
• Condition / age +2.8/5.0
• Appreciation +2.5/10.0
• Rent growth +2.5/5.0
• Manufactured-home adj. -5.8

Key facts

• 5,445 sq ft lot
• Community pool
• Built 2010

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $85k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $506 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.4% vs local median 4.3% in Sierra Vista — 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 80/100 on livability (#5 in AZ, #1,805 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: amenities F.
• Sierra Vista Unified District (4175) (urban): math 27% / reading 39% proficiency, ranked #93 of 249 in AZ (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Town & Country Elementary School (math 22% / reading 32%, grade F, #600 of 1,109 statewide, top 56%, 433 students, 48% FRL); Joyce Clark Middle School (math 26% / reading 39%, grade F, #70 of 218 statewide, top 32%, 670 students, 46% FRL); Buena High School (math 19% / reading 29%, grade F, #202 of 381 statewide, top 54%, 1,836 students, 32% FRL).
• Market conditions: Rents flat; 289 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 437 units permitted in Cochise County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Cochise County population projected at -30% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $24k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 217 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y 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

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 217 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. 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.
5. 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.
6. 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: 1.63% ✓
• Cap rate: 13.43%
• Cash-on-cash: 25.50%
• DSCR: 2.13
• GRM: 5.1

CMA / ARV

• ARV (median comp): $199,557
• List price: $85,000
• Delta: -57.41%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
240 Valerie Ln	0.21mi	3/1.5 (-1)	1,368 (-24%)	1mo	$220,000	$161	58
535 S Canyon Dr	0.30mi	3/2.0 (-1)	1,407 (-22%)	1mo	$162,750	$116	55
805 Suffolk Rd	0.57mi	3/2.0 (-1)	1,929 (+8%)	1mo	$371,000	$192	55
1932 Piccadilly Ln	1.40mi	3/2.0 (-1)	1,846 (+3%)	0mo	$375,000	$203	55
880 E Mimosa Cir	1.35mi	3/2.0 (-1)	1,731 (-3%)	0mo	$280,000	$162	54
1591 Silverado Dr	1.48mi	3/2.0 (-1)	1,683 (-6%)	1mo	$325,000	$193	49
35 W Kayetan Dr	1.45mi	3/2.0 (-1)	1,647 (-8%)	1mo	$235,000	$143	46
2280 Primrose Dr	1.38mi	3/2.0 (-1)	1,629 (-9%)	1mo	$225,000	$138	44
965 Charles Dr	1.27mi	3/2.0 (-1)	1,622 (-10%)	1mo	$240,000	$148	43
565 Raymond Dr	1.37mi	3/2.0 (-1)	1,995 (+11%)	0mo	$259,900	$130	41
1016 Quail Hollow Dr	1.06mi	3/2.0 (-1)	1,468 (-18%)	1mo	$290,000	$198	34
966 Rain Flower Ln Lot 14	0.74mi	3/2.5 (-1)	2,098 (+17%)	0mo	$664,292	$317	33

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: 15.7%
• Equity multiple: 1.61×
• Total profit: $14,408
• Equity at exit: $12,674

10-year hold

• IRR: 22.0%
• Equity multiple: 2.62×
• Total profit: $38,442
• Equity at exit: $7,349

Cash invested: $23,800 (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 85635

• Home prices YoY: -32.3%
• Rents YoY: 0.0%
• Active inventory: 289
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,384 high
• Mortgage (P&I): −$446
• Tax est. 1.5%: −$106 /mo · $1,275/yr
• Insurance: −$35
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$291
• Net cashflow: $506

Break-even live

Break-even rent $744

Max offer price $85,000

Occupancy floor 58%

Sensitivity live

Price	-10% $565	-5% $535	+0% $506	+5% $476	+10% $447
Rent	-10% $397	-5% $451	+0% $506	+5% $560	+10% $615
Rate	-1.0pp $549	-0.5pp $527	base $506	+0.5pp $484	+1.0pp $461

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: $21,250
• Closing costs: $2,550
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
499 S Carmichael Ave Sierra Vista, AZ	3.0–4.0	2.0	1163	$1,699	$1.46	0d	10	0.43mi
172 Andrea Dr Sierra Vista, AZ	3.0	2.0	1938	$1,695	$0.87	5d	1	0.80mi
216 Whitton St Sierra Vista, AZ	4.0	2.0	1226	$1,450	$1.18	2d	1	0.87mi
1118 Katherine Dr Sierra Vista, AZ	3.0	2.0	2088	$2,200	$1.05	1d	1	1.02mi
1988 Town and Country Dr Sierra Vista, AZ	3.0	2.0	1942	$1,700	$0.88	5d	1	1.08mi
860 Catalina Dr Sierra Vista, AZ	4.0	2.0	1278	$1,500	$1.17	5d	1	1.27mi
860 Catalina Dr Sierra Vista, AZ	4.0	2.0	1277	$1,500	$1.17	1d	1	1.27mi
2090 Cascadia Dr Sierra Vista, AZ	4.0	2.5	2038	$2,800	$1.37	5d	1	1.29mi
801 Norman Ave Sierra Vista, AZ	3.0	2.0	1701	$1,450	$0.85	1d	1	1.35mi
503 Phillip Dr Sierra Vista, AZ	3.0	2.0	1554	$1,600	$1.03	5d	1	1.39mi
2310 Primrose Dr Sierra Vista, AZ	3.0	2.0	1341	$1,600	$1.19	1d	1	1.42mi

Listing history 50 events

1. 2026-09-24
   days on market $85,000 Active 217 DOM
2. 2026-09-22
   days on market $85,000 Active 216 DOM
3. 2026-09-21
   days on market $85,000 Active 215 DOM
4. 2026-09-20
   days on market $85,000 Active 214 DOM
5. 2026-09-19
   days on market $85,000 Active 213 DOM
6. 2026-09-18
   days on market $85,000 Active 212 DOM
7. 2026-09-17
   days on market $85,000 Active 211 DOM
8. 2026-09-16
   days on market $85,000 Active 210 DOM
9. 2026-09-15
   days on market $85,000 Active 209 DOM
10. 2026-09-14
    days on market $85,000 Active 208 DOM
11. 2026-09-13
    days on market $85,000 Active 207 DOM
12. 2026-09-12
    days on market $85,000 Active 206 DOM
13. 2026-09-11
    days on market $85,000 Active 205 DOM
14. 2026-09-05
    days on market $85,000 Active 199 DOM
15. 2026-09-04
    days on market $85,000 Active 198 DOM
16. 2026-09-03
    days on market $85,000 Active 197 DOM
17. 2026-09-02
    days on market $85,000 Active 196 DOM
18. 2026-08-30
    days on market $85,000 Active 193 DOM
19. 2026-08-29
    days on market $85,000 Active 192 DOM
20. 2026-08-28
    days on market $85,000 Active 191 DOM
21. 2026-08-27
    days on market $85,000 Active 190 DOM
22. 2026-08-26
    days on market $85,000 Active 189 DOM
23. 2026-08-25
    days on market $85,000 Active 188 DOM
24. 2026-08-24
    days on market $85,000 Active 187 DOM
25. 2026-08-23
    days on market $85,000 Active 186 DOM
26. 2026-08-22
    days on market $85,000 Active 185 DOM
27. 2026-08-21
    days on market $85,000 Active 184 DOM
28. 2026-08-20
    days on market $85,000 Active 183 DOM
29. 2026-08-19
    days on market $85,000 Active 182 DOM
30. 2026-08-18
    days on market $85,000 Active 181 DOM
31. 2026-08-17
    days on market $85,000 Active 180 DOM
32. 2026-08-16
    days on market $85,000 Active 179 DOM
33. 2026-08-15
    days on market $85,000 Active 178 DOM
34. 2026-08-14
    days on market $85,000 Active 177 DOM
35. 2026-08-13
    days on market $85,000 Active 176 DOM
36. 2026-08-12
    days on market $85,000 Active 175 DOM
37. 2026-08-11
    days on market $85,000 Active 174 DOM
38. 2026-08-10
    days on market $85,000 Active 173 DOM
39. 2026-08-09
    days on market $85,000 Active 172 DOM
40. 2026-08-08
    days on market $85,000 Active 171 DOM
41. 2026-08-07
    days on market $85,000 Active 170 DOM
42. 2026-08-06
    days on market $85,000 Active 169 DOM
43. 2026-08-05
    days on market $85,000 Active 168 DOM
44. 2026-08-04
    days on market $85,000 Active 167 DOM
45. 2026-08-03
    days on market $85,000 Active 166 DOM
46. 2026-07-31
    days on market $85,000 Active 163 DOM
47. 2026-07-30
    days on market $85,000 Active 162 DOM
48. 2026-07-29
    days on market $85,000 Active 161 DOM
49. 2026-07-27
    days on market $85,000 Active 159 DOM
50. 2026-07-25
    days on market $85,000 Active 157 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 7/10 Severe
• 🌡 Heat 5/10 Major 7 d/yr ≥97°F today · 20 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: $16,606
• − Mortgage interest: −$4,761
• − Property taxes: −$1,275
• − Insurance: −$425
• − Repairs & maintenance: −$1,328
• − Management: −$1,328
• − Depreciation: −$2,473
• Taxable income: $5,015
• Est. tax owed @ 24.0%: −$1,204
• After-tax cash flow: $4,866/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 · 10 photos

Average 55/100 Cosmetic rehab Est. rehab $8,960–$26,880 screening

A mobile home with average condition, requiring minor repairs and updates to enhance its resale and rental value.

Repairs flagged

• Minor exterior siding — Slight discoloration
• Minor interior paint — Some wear
• Minor kitchen appliances — Dated design

Value-add opportunities

• Resale Paint exterior siding — Enhances curb appeal ↑
• Rental Replace worn curtains — Improves aesthetics ↑
• Both Update kitchen appliances — Modernizes and increases functionality ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 28/100

Zoned Schools

Elementary Town & Country Elementary School F AZ #600/1,109 Nat'l #28,475/41,679 Middle Joyce Clark Middle School F AZ #70/218 Nat'l #8,188/14,009 High Buena High School F AZ #202/381 Nat'l #13,437/17,239

Schools (NCES district)

• District: Sierra Vista Unified District (4175)
• NCES district ID: 0401460
• Math proficiency: 27% ▼ -19.00%
• Reading proficiency: 39% ▼ -10.00%
• Median HH income: $55,463
• Composite: 29.17/100
• National rank: #6573
• State rank: #93 of 249 in AZ

A Composite livability gradescore 80/100

Livability — Sierra Vista

• Score: 80/100
• State rank: #5
• US rank: #1805

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sierra Vista, AZ
• County: Cochise County · 113,402 people
• City population: 49,069
• Metro: Sierra Vista-Douglas, AZ
• Population (ZIP): 34,193
• Household income: $61,580
• Rent vs Own: 38.4% rent · 61.6% own
• Severe rent burden: 13% of renters

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Population outlook (Cochise County) Hauer SSP2

• Today (2025): 113,402 people
• By 2030: 106,197 · -6.4%
• By 2040: 92,166 · -18.7%
• By 2050: 79,805 · -29.6%
• By 2075: 56,831 · -49.9%
• By 2100: 35,103 · -69.0%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 58% Hispanic / Latino 25% Two or more races 17% Black 6% Asian 4%
• Hispanic origin (detail): Mexican 19% Puerto Rican 1%
• Common ancestry: Romanian 3% Lithuanian 3% Italian 2%
• Foreign-born: 11% · Canada, South Korea
• Languages at home: 80% English-only · Spanish 14% Korean 2% German/W. Germanic 1%

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Political lean MEDSL · Cochise

• 2024 margin: Strong R (+23.1) · D 37.8% · R 61.0% · Other 1.2%
• 2008→2024 swing: -2.5pp toward R · 2008: -20.7pp · 2024: -23.1pp
• All cycles: 2024: R+23.1 2020: R+19.6 2016: R+22.6 2012: R+24.0 2008: R+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -83.93%
• Current HPI: 175.5821
• Rent YoY: ▬ 0.00%
• Metro: Sierra Vista-Douglas, AZ
• State GDP YoY: ▲ 4.54%
• F500 in state: 20

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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

+0.0% since first listed

11 events — show timeline

• 2026-02-26 Listed $85,000 MLSSAZ
• 2026-02-17 Listed $85,000 ARMLS
• 2025-12-04 Listing Removed — ARMLS
• 2025-09-03 Price Changed $90,000 ARMLS
• 2025-06-17 Price Changed $99,900 ARMLS
• 2024-10-22 Price Changed $115,000 ARMLS
• 2024-09-05 Listed $129,000 ARMLS
• 2021-06-11 Sold (MLS) $85,000 ARMLS
• 2021-04-27 Pending — ARMLS
• 2021-03-26 Contingent — ARMLS
• 2021-02-13 Listed $85,000 ARMLS