2233 E Behrend Dr #219 · Phoenix, AZ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 8/10 · Major
- Hot days now (above 110°F)
- 5 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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
- Schools +3.8/10.0
- Livability +3.8/5.0
- Condition / age +3.8/5.0
- ARV discount +3.4/15.0
- Rent growth +2.9/5.0
- Appreciation +0.0/10.0
$99,750
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Age-Restricted 55+ Boulder Ridge Community nested a beautful mountain range with exceptional boulders and views. Well-cared-for 1993 Palm Harbor 2 bed/2 bath home with vaulted ceilings, double-pane windows (2016), upgraded copper plumbing (2019), AC heat pump (2014), water heater (2021), new shower in primary bath (2024), wood laminate flooring, and interior paint (2023). Features a bright kitchen with appliances, living/dining great room, screened deck, storage shed, and 2-car covered parking. Community offers 2 heated pools and spa, club house, pool tables, pickelball, activities and so much more. Lot rent $1010 + utilities. Must qualify with the park office. No rentals.
Key facts
- New shower
- Water heater
- Vaulted ceilings
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $100k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $1k ($12k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
- Cap rate 18.4% vs local median 3.3% in Phoenix — 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 75/100 on livability (#16 in AZ, #3,924 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime F.
- Paradise Valley Unified District (4241) (urban): math 39% / reading 46% proficiency, ranked #56 of 249 in AZ (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Sunset Canyon School (math 16% / reading 25%, grade F, #729 of 1,109 statewide, top 67%, 366 students, 54% FRL); Mountain Trail Middle School (math 33% / reading 41%, grade F, #57 of 218 statewide, top 27%, 680 students, 24% FRL); North Canyon High School (math 13% / reading 23%, grade F, #242 of 381 statewide, top 64%, 1,842 students, 55% FRL).
- Zoned-school proficiency averages 25% at this address vs 42% district-wide (-17 pts) — the specific schools serving this property underperform the Paradise Valley Unified District (4241) average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+1.4%/yr); 206 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $690 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 1.4% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 254 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 5y ago; this cycle's ask has dropped $15k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $65k; list at $100k implies a 53% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 5→13/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 254 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- 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.
- 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
- 2.16% ✓
- Cap rate
- 18.43%
- Cash-on-cash
- 43.35%
- DSCR
- 2.93
- GRM
- 3.9
CMA / ARV
- ARV (median comp)
- $91,500
- List price
- $99,750
- Delta
- 9.02%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2233 E Behrend Dr #219 | 0.00mi | 2/2.0 | 1,152 (0%) | 0mo | $90,000 | $78 | 100 |
| 2233 E Behrend Dr #210 | 0.11mi | 2/2.0 | 1,144 (-1%) | 7mo | $150,000 | $131 | 88 |
| 2233 E Behrend Dr #29 | 0.11mi | 2/2.0 | 1,248 (+8%) | 2mo | $131,000 | $105 | 79 |
| 2233 E Behrend Dr #93 | 0.03mi | 2/2.0 | 1,056 (-8%) | 7mo | $47,000 | $45 | 79 |
| 2233 E Behrend Dr #81 | 0.09mi | 2/2.0 | 1,040 (-10%) | 2mo | $52,000 | $50 | 78 |
| 2233 E Behrend Dr #92 | 0.09mi | 2/2.0 | 1,056 (-8%) | 5mo | $20,000 | $19 | 78 |
| 2233 E Behrend Dr #78 | 0.09mi | 3/2.0 (+1) | 1,248 (+8%) | 0mo | $69,900 | $56 | 77 |
| 2233 E Behrend Dr #121 | 0.11mi | 2/2.0 | 1,240 (+8%) | 7mo | $54,900 | $44 | 76 |
| 2233 E Behrend Dr #152 | 0.09mi | 2/2.0 | 980 (-15%) | 3mo | $42,500 | $43 | 69 |
| 19809 N 26th St | 0.52mi | 3/2.0 (+1) | 1,152 (0%) | 7mo | $125,000 | $109 | 65 |
| 19225 N Cave Creek Rd #45 | 0.39mi | 2/2.0 | 1,248 (+8%) | 11mo | $47,900 | $38 | 59 |
| 2701 E Utopia Rd #66 | 0.61mi | 2/2.0 | 1,024 (-11%) | 10mo | $50,000 | $49 | 44 |
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 · 1.44% rent growth · sell at horizon
- IRR
- 38.4%
- Equity multiple
- 2.60×
- Total profit
- $44,802
- Equity at exit
- $14,873
- IRR
- 44.1%
- Equity multiple
- 4.89×
- Total profit
- $108,671
- Equity at exit
- $8,625
Cash invested: $27,930 (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 85024
- Home prices YoY
- -21.0%
- Rents YoY
- 1.4%
- Active inventory
- 206
- Price-to-rent
- 3.9×
Monthly cashflow live
- Estimated rent
- $2,150 high interval (Pro) →
- Mortgage (P&I)
- −$523
- Tax est. 1.5%
- −$125 /mo · $1,496/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$451
- Net cashflow
- $1,009
Break-even live
Sensitivity live
| Price | -10% $1,078 | -5% $1,043 | +0% $1,009 | +5% $974 | +10% $940 |
|---|---|---|---|---|---|
| Rent | -10% $839 | -5% $924 | +0% $1,009 | +5% $1,094 | +10% $1,179 |
| Rate | -1.0pp $1,059 | -0.5pp $1,034 | base $1,009 | +0.5pp $983 | +1.0pp $957 |
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
- $24,938
- Closing costs
- $2,992
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2336 E Utopia Rd Phoenix, AZ | 2.0–3.0 | 2.5 | 1327 | $2,395 | $1.80 | 6d | 1 | 0.21mi |
| 2335 E Utopia Rd Unit 16 Phoenix, AZ | 3.0 | 2.5 | 1426 | $2,550 | $1.79 | 20d | 1 | 0.23mi |
| 2030 E Wahalla Ln Phoenix, AZ | 3.0 | 2.0 | 1400 | $2,115 | $1.51 | 4d | 1 | 0.29mi |
| 20007 N 20th Way Phoenix, AZ | 3.0 | 2.0 | 1251 | $3,900 | $3.12 | 45d | 1 | 0.31mi |
| 20050 N Cave Creek Rd Phoenix, AZ | 1.0–2.0 | 1.0–2.0 | 909 | $1,725 | $1.90 | 0d | 9 | 0.33mi |
| 19635 N Cave Creek Rd Phoenix, AZ | 3.0 | 1.0–2.0 | 999 | $1,643 | $1.64 | 0d | 21 | 0.38mi |
| 2500 E Marco Polo Rd Phoenix, AZ | 2.0 | 1.0–2.0 | 918 | $2,390 | $2.60 | 3d | 16 | 0.43mi |
| 2220 E Beardsley Rd Phoenix, AZ | 4.0 | 1.0–2.0 | 855 | $1,669 | $1.95 | 0d | 64 | 0.45mi |
| 18660 N Cave Creek Rd Phoenix, AZ | 1.0–3.0 | 1.0–2.0 | 961 | $1,590 | $1.65 | 0d | 11 | 0.56mi |
| 2311 E Union Hills Dr Phoenix, AZ | 1.0–2.0 | 1.0–2.0 | 835 | $1,681 | $2.01 | 0d | 11 | 0.69mi |
| 18416 N Cave Creek Rd Unit 6 Phoenix, AZ | 1.0 | 1.0 | 748 | $1,250 | $1.67 | 9d | 1 | 0.69mi |
| 2221 E Union Hills Dr #158 Phoenix, AZ | 3.0 | 2.0 | 1332 | $2,100 | $1.58 | 20d | 1 | 0.71mi |
| 18416 N Cave Creek Rd Phoenix, AZ | 2.0 | 1.0–2.0 | 786 | $3,000 | $3.81 | 0d | 7 | 0.75mi |
| 18416 N Cave Creek Rd Phoenix, AZ | 2.0 | 1.0–2.0 | 786 | $3,000 | $3.81 | 5d | 9 | 0.75mi |
| 1717 E Union Hills Dr Phoenix, AZ | 2.0–3.0 | 2.0 | 1169 | $1,675 | $1.43 | 4d | 3 | 0.83mi |
| 1717 E Union Hills Dr Phoenix, AZ | 2.0–3.0 | 2.0 | 1245 | $1,775 | $1.43 | 23d | 4 | 0.83mi |
| 1510 E Taro Ln Phoenix, AZ | 3.0 | 2.0 | 1136 | $2,149 | $1.89 | 26d | 1 | 0.88mi |
| 18202 N Cave Creek Rd Phoenix, AZ | 1.0–3.0 | 1.0–2.0 | 722 | $1,148 | $1.59 | 5d | 7 | 0.88mi |
| 1717 E Union Hills Dr #1052 Phoenix, AZ | 2.0 | 2.0 | 1160 | $4,000 | $3.45 | 45d | 1 | 0.88mi |
| 1506 E Wescott Dr Phoenix, AZ | 3.0 | 2.0 | 1136 | $2,045 | $1.80 | 6d | 1 | 0.90mi |
| 18633 N 15th St Phoenix, AZ | 3.0 | 2.0 | 1240 | $2,249 | $1.81 | 9d | 1 | 0.99mi |
| 1420 E Topeka Dr Phoenix, AZ | 3.0 | 2.5 | 1464 | $2,215 | $1.51 | 9d | 1 | 1.00mi |
| 2934 E Blackhawk Dr Phoenix, AZ | 3.0 | 2.0 | 1467 | $2,280 | $1.55 | 3d | 1 | 1.01mi |
| 2077 E Charleston Ave Phoenix, AZ | 2.0 | 1.0 | 720 | $1,295 | $1.80 | 26d | 1 | 1.03mi |
| 2067 E Charleston Ave Phoenix, AZ | 2.0 | 2.0 | 840 | $1,395 | $1.66 | 26d | 1 | 1.04mi |
| 2554 E Villa Rita Dr Phoenix, AZ | 2.0 | 1.0 | 1118 | $2,750 | $2.46 | 26d | 1 | 1.06mi |
| 20223 N 30th St Phoenix, AZ | 3.0 | 2.0 | 1467 | $2,300 | $1.57 | 2d | 1 | 1.07mi |
| 2755 E Michigan Ave Phoenix, AZ | 3.0 | 2.0 | 1316 | $2,700 | $2.05 | 19d | 1 | 1.11mi |
| 1702 E Michelle Dr Phoenix, AZ | 2.0 | 2.0 | 1300 | $2,200 | $1.69 | 6d | 1 | 1.13mi |
| 2602 E Charleston Ave Phoenix, AZ | 3.0 | 2.0 | 1426 | $2,100 | $1.47 | 26d | 1 | 1.13mi |
| 3056 E Siesta Ln Phoenix, AZ | 3.0 | 2.0 | 1476 | $2,375 | $1.61 | 14d | 1 | 1.17mi |
| 3122 E Topeka Dr Phoenix, AZ | 3.0 | 2.0 | 1272 | $2,100 | $1.65 | 23d | 1 | 1.19mi |
| 17602 N Cave Creek Rd Phoenix, AZ | 2.0 | 1.0–2.0 | 650 | $1,625 | $2.50 | 0d | 10 | 1.22mi |
| 3220 E Kerry Ln Phoenix, AZ | 3.0 | 2.0 | 1370 | $2,299 | $1.68 | 16d | 1 | 1.29mi |
| 3220 E Kerry Ln Phoenix, AZ | 3.0 | 2.0 | 1370 | $2,299 | $1.68 | 26d | 1 | 1.29mi |
| 3214 E Siesta Ln Phoenix, AZ | 2.0 | 2.0 | 1228 | $2,200 | $1.79 | 26d | 1 | 1.34mi |
| 17606 N 17th Pl Phoenix, AZ | 2.0–3.0 | 2.0–2.5 | 1463 | $1,999 | $1.37 | 0d | 3 | 1.37mi |
| 17606 N 17th Pl Phoenix, AZ | 2.0–3.0 | 2.5 | 1472 | $1,999 | $1.36 | 14d | 3 | 1.37mi |
| 3235 E Hononegh Dr Phoenix, AZ | 3.0 | 2.0 | 1356 | $2,400 | $1.77 | 0d | 1 | 1.40mi |
| 3301 E Wescott Dr Phoenix, AZ | 3.0 | 2.0 | 1101 | $1,995 | $1.81 | 26d | 1 | 1.41mi |
Listing history 16 events
-
2026-06-13statusdays on market $99,750 Pending 254 DOM
-
2026-06-09days on market $99,750 Active 252 DOM
-
2026-06-08days on market $99,750 Active 251 DOM
-
2026-06-07days on market $99,750 Active 250 DOM
-
2026-06-04days on market $99,750 Active 247 DOM
-
2026-06-03days on market $99,750 Active 246 DOM
-
2026-06-02days on market $99,750 Active 245 DOM
-
2026-06-01days on market $99,750 Active 244 DOM
-
2026-05-31days on market $99,750 Active 243 DOM
-
2026-04-07price $99,750 685-char remark
Show marketing remark (685 chars)
Age-Restricted 55+ Boulder Ridge Community nested a beautful mountain range with exceptional boulders and views. Well-cared-for 1993 Palm Harbor 2 bed/2 bath home with vaulted ceilings, double-pane windows (2016), upgraded copper plumbing (2019), AC heat pump (2014), water heater (2021), new shower in primary bath (2024), wood laminate flooring, and interior paint (2023). Features a bright kitchen with appliances, living/dining great room, screened deck, storage shed, and 2-car covered parking. Community offers 2 heated pools and spa, club house, pool tables, pickelball, activities and so much more. Lot rent $1010 + utilities. Must qualify with the park office. No rentals.
-
2026-02-21price $110,000 685-char remark
Show marketing remark (685 chars)
Age-Restricted 55+ Boulder Ridge Community nested a beautful mountain range with exceptional boulders and views. Well-cared-for 1993 Palm Harbor 2 bed/2 bath home with vaulted ceilings, double-pane windows (2016), upgraded copper plumbing (2019), AC heat pump (2014), water heater (2021), new shower in primary bath (2024), wood laminate flooring, and interior paint (2023). Features a bright kitchen with appliances, living/dining great room, screened deck, storage shed, and 2-car covered parking. Community offers 2 heated pools and spa, club house, pool tables, pickelball, activities and so much more. Lot rent $1010 + utilities. Must qualify with the park office. No rentals.
-
2026-01-30price $113,000 685-char remark
Show marketing remark (685 chars)
Age-Restricted 55+ Boulder Ridge Community nested a beautful mountain range with exceptional boulders and views. Well-cared-for 1993 Palm Harbor 2 bed/2 bath home with vaulted ceilings, double-pane windows (2016), upgraded copper plumbing (2019), AC heat pump (2014), water heater (2021), new shower in primary bath (2024), wood laminate flooring, and interior paint (2023). Features a bright kitchen with appliances, living/dining great room, screened deck, storage shed, and 2-car covered parking. Community offers 2 heated pools and spa, club house, pool tables, pickelball, activities and so much more. Lot rent $1010 + utilities. Must qualify with the park office. No rentals.
-
2025-09-30$115,000 Active 685-char remark
Show marketing remark (685 chars)
Age-Restricted 55+ Boulder Ridge Community nested a beautful mountain range with exceptional boulders and views. Well-cared-for 1993 Palm Harbor 2 bed/2 bath home with vaulted ceilings, double-pane windows (2016), upgraded copper plumbing (2019), AC heat pump (2014), water heater (2021), new shower in primary bath (2024), wood laminate flooring, and interior paint (2023). Features a bright kitchen with appliances, living/dining great room, screened deck, storage shed, and 2-car covered parking. Community offers 2 heated pools and spa, club house, pool tables, pickelball, activities and so much more. Lot rent $1010 + utilities. Must qualify with the park office. No rentals.
-
2021-07-01soldstatus $65,000 Closed 728-char remark
Show marketing remark (728 chars)
Age Restricted 55+ Boulder Ridge Community. This well cared for Palm Harbor Home built in 1993, 2 bed 3 bath offers vaulted ceiling, double pane windows 2016, upgraded copper plumbing 2019, AC Heat pump 2014, hotwater tank 2021, Applicances 2014, new shower hall bath 2019, wood laminate flooring 2016, painted inside 2015, painted outside 2016, home leveled 2016 and repaired insulation and barrier. Termite treatment 12/2020 with 2 year warranty and screened in deck. Liv/Dining great room, nice bright kitchen appliances included. Storage shed, 2 car covered parking, Lot Rent $795 monthly + water, sewer, trash approx. $70 monthly. MUST QUALIFY WITH PARK OFFICE prior to writing an offer. No Rentals One small dog allowed.
-
2021-05-23$69,000 728-char remark
Show marketing remark (728 chars)
Age Restricted 55+ Boulder Ridge Community. This well cared for Palm Harbor Home built in 1993, 2 bed 3 bath offers vaulted ceiling, double pane windows 2016, upgraded copper plumbing 2019, AC Heat pump 2014, hotwater tank 2021, Applicances 2014, new shower hall bath 2019, wood laminate flooring 2016, painted inside 2015, painted outside 2016, home leveled 2016 and repaired insulation and barrier. Termite treatment 12/2020 with 2 year warranty and screened in deck. Liv/Dining great room, nice bright kitchen appliances included. Storage shed, 2 car covered parking, Lot Rent $795 monthly + water, sewer, trash approx. $70 monthly. MUST QUALIFY WITH PARK OFFICE prior to writing an offer. No Rentals One small dog allowed.
-
2021-05-23historical 728-char remark
Show marketing remark (728 chars)
Age Restricted 55+ Boulder Ridge Community. This well cared for Palm Harbor Home built in 1993, 2 bed 3 bath offers vaulted ceiling, double pane windows 2016, upgraded copper plumbing 2019, AC Heat pump 2014, hotwater tank 2021, Applicances 2014, new shower hall bath 2019, wood laminate flooring 2016, painted inside 2015, painted outside 2016, home leveled 2016 and repaired insulation and barrier. Termite treatment 12/2020 with 2 year warranty and screened in deck. Liv/Dining great room, nice bright kitchen appliances included. Storage shed, 2 car covered parking, Lot Rent $795 monthly + water, sewer, trash approx. $70 monthly. MUST QUALIFY WITH PARK OFFICE prior to writing an offer. No Rentals One small dog allowed.
ⓘ 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 (shaded) · 0% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 8/10 Severe 5 d/yr ≥110°F today · 13 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 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
- $25,796
- − Mortgage interest
- −$5,588
- − Property taxes
- −$1,496
- − Insurance
- −$499
- − Repairs & maintenance
- −$2,064
- − Management
- −$2,064
- − Depreciation
- −$2,902
- Taxable income
- $11,184
- Est. tax owed @ 24.0%
- −$2,684
- After-tax cash flow
- $9,422/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 · 12 photos
This 1993 Palm Harbor home in a well-maintained community is in good condition with minor cosmetic updates needed to enhance its curb appeal and value.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and value
- Resale Replace carpet with hardwood — Hardwood flooring is more desirable and increases value
- Resale Upgrade kitchen appliances — Modern appliances improve functionality and appeal
Renovation cost estimate screening
Value-add ROI direction
- Both Paint exterior — Enhances curb appeal and value ↑
- Resale Replace carpet with hardwood — Hardwood flooring is more desirable and increases value ↑
- Resale Upgrade kitchen appliances — Modern appliances improve functionality and appeal ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Paradise Valley Unified District (4241)
- NCES district ID
- 0405930
- Math proficiency
- 39% ▼ -11.00%
- Reading proficiency
- 46% ▼ -7.00%
- Median HH income
- $64,106
- Composite
- 37.89/100
- National rank
- #4316
- State rank
- #56 of 249 in AZ
Livability — Phoenix
- Score
- 75/100
- State rank
- #16
- US rank
- #3924
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Phoenix, AZ
- County
- Maricopa County · 4,537,380 people
- City population
- 1,500,198
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 26,199
- Household income
- $106,724
- Rent vs Own
- Severe rent burden
- 547.0
Population outlook (Maricopa County) Hauer SSP2
- Today (2025)
- 4,979,203 people
- By 2030
- 5,378,229 · +8.0%
- By 2040
- 6,156,598 · +23.6%
- By 2050
- 6,872,376 · +38.0%
- By 2075
- 8,401,270 · +68.7%
- By 2100
- 9,247,439 · +85.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (71%)
- Race & ethnicity
- White 71% Hispanic / Latino 16% Two or more races 12% Asian 6% Black 2%
- Hispanic origin (detail)
- Mexican 13% Puerto Rican 1%
- Common ancestry
- Romanian 3% Italian 3% Portuguese 3%
- Foreign-born
- 12% · Canada, China, South Korea
- Languages at home
- 78% English-only · Spanish 10% Other Indo-European 4% Russian/Polish/Slavic 1%
Political lean MEDSL · Maricopa
- 2024 margin
- Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
- 2008→2024 swing
- +7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
- All cycles
- 2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -82.95%
- Current HPI
- 312.7238
- Rent YoY
- ▲ 1.44%
- Metro
- Phoenix-Mesa-Chandler, AZ
- State GDP YoY
- ▲ 4.54%
- F500 in state
- 20
Industry mix (Fortune 500 HQ in AZ)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 2 | $13B |
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| Mining / Metals | 1 | $23B |
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| Environmental Services | 1 | $16B |
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| Metals / Steel | 1 | $14B |
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| Technology Distribution | 1 | $9B |
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| Homebuilding | 1 | $8B |
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Price history
+44.6% since first listed7 events — show timeline
- 2026-04-07 Price Changed $99,750 ARMLS
- 2026-02-21 Price Changed $110,000 ARMLS
- 2026-01-30 Price Changed $113,000 ARMLS
- 2025-09-30 Listed $115,000 ARMLS
- 2021-07-01 Sold (MLS) $65,000 ARMLS
- 2021-05-23 Listing Removed — ARMLS
- 2021-05-23 Listed $69,000 ARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…