2401 W Route 66 #17 · Flagstaff, AZ 86001

$219,000

3 bd · 2.0 ba · 1,152 sqft · Manufactured · 154 Days on market

Manufactured home Built 1984 Good condition 5,227 sqft lot $190/sqft · 47% below area Est $415k · 47% under

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Why this score? — see what drove the D+ 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).

• ARV discount +15.0/15.0
• Cash flow +12.5/30.0
• Condition / age +4.0/5.0
• DSCR +3.7/10.0
• 1% rule +3.6/10.0
• Livability +3.1/5.0
• Schools +3.0/10.0
• Rent growth +2.6/5.0
• Appreciation +2.5/10.0
• Manufactured-home adj. -4.0

Listing remarks MLS

Turnkey Charmer in Wildwood Hills Flagstaff Community ......Don't miss this rare opportunity to own a fully remodeled, fully furnished move-in-ready home in the peaceful community of Wildwood Hills in Flagstaff. Whether you're seeking a cool summer retreat or a year-round residence, this 3-bedroom, 2-bathroom home checks all the boxes. Step inside to find a completely updated interior featuring new life-proof vinyl plank flooring, plush carpet in the bedrooms, and fresh drywall throughout. The kitchen has been fully upgraded with brand-new appliances, countertops, and modern cabinetry. Both bathrooms shine, with the master boasting dual sinks, a dedicated makeup vanity and two heating units for comfort. Enjoy practical perks like two A/C units, a re-leveled foundation with new piers, and a detached two-car garage with a built-in workbench. This home also includes new doors, window coverings, and comes fully furnished. Relax on the shaded front porch or enjoy the private, fenced backyard with a patio, perfect for entertaining or quiet evenings. The remodeled clubhouse with a pool and spa is just a short walk away. Land is leased for 1495/month and must be approved by park manager before submitting an offer. Call today to schedule a private showing.

Key facts

• Dual sinks
• Fully remodeled
• Modern cabinetry

Tags

• FULLY REMODELED
• FULLY FURNISHED
• UPDATED INTERIOR
• NEW APPLIANCES
• MODERN CABINETRY
• DUAL SINKS

🏷️ Possibly a rental listed for sale. The $219,000 price doesn't fit this home's estimated sale value (~$415,000) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $219k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-100 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $204k (6.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (14.5% below list).
• Recommended offer: $187k (14.5% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 2.1% in Flagstaff — 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 61/100 on livability (#167 in AZ) — a middle-class / working-renter tenant base. Strengths: housing B; Watch: employment C-, crime D-, amenities F.
• Flagstaff Unified District (4192) (urban): math 18% / reading 29% proficiency, ranked #158 of 249 in AZ (top 64%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Manuel Demiguel Elementary School (math 39% / reading 55%, grade D-, #308 of 1,109 statewide, top 29%, 579 students, 19% FRL); Mount Elden Middle School (math 16% / reading 23%, grade F, #134 of 218 statewide, top 63%, 757 students, 51% FRL); Flagstaff High School (math 22% / reading 27%, grade F, #154 of 381 statewide, top 53%, 1,620 students, 25% FRL).
• Market conditions: Rents flat; 372 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 698 units permitted in Coconino County in 2024 (354 in 5+ unit buildings).
• This rent runs 35% of the median local income ($65k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Coconino County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 154 days — a 12% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $30k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $178k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,294 (14.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 154 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is D 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.86% ✗
• Cap rate: 6.11%
• Cash-on-cash: -0.66%
• DSCR: 0.97
• GRM: 9.7

CMA / ARV

• ARV (median comp): $415,000
• List price: $219,000
• Delta: -47.23%
• Verdict: UNDERPRICED
• Comps: 19 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1407 S Union Pacific St	0.46mi	3/2.0	1,121 (-3%)	1mo	$430,000	$384	73
1505 S Burlington St	0.33mi	3/2.0	1,121 (-3%)	12mo	$425,500	$380	70
2412 W Rio Grande Ct	0.45mi	3/2.0	1,188 (+3%)	9mo	$399,000	$336	66
1314 S Burlington St	0.49mi	3/2.0	1,094 (-5%)	3mo	$430,000	$393	66
2500 W Route 66 #118	0.20mi	3/2.0	1,056 (-8%)	14mo	$95,000	$90	66
1455 S Union Pacific St	0.42mi	3/2.0	1,134 (-2%)	18mo	$435,000	$384	62
2375 W Zepher Ave	0.24mi	2/2.0 (-1)	1,232 (+7%)	12mo	$439,000	$356	62
1301 S Burlington St	0.50mi	3/2.0	1,080 (-6%)	12mo	$420,000	$389	56
1290 S Burlington St	0.52mi	3/2.0	1,080 (-6%)	17mo	$426,500	$395	51
1248 S Chattanooga St	0.61mi	3/2.0	1,296 (+12%)	1mo	$470,000	$363	50
1758 W Sherrie Dr	0.61mi	3/2.0	1,296 (+12%)	1mo	$420,000	$324	50
1675 W Sherrie Dr	0.65mi	3/2.0	1,296 (+12%)	3mo	$410,000	$316	46

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 · 0.55% rent growth · sell at horizon

5-year hold

• IRR: -22.4%
• Equity multiple: 0.24×
• Total profit: $-46,313
• Equity at exit: $32,654

10-year hold

• IRR: -24.6%
• Equity multiple: -0.07×
• Total profit: $-65,881
• Equity at exit: $18,935

Cash invested: $61,320 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 16 active · 1 under contract
• Months of supply: 10.7 mo (9%/mo absorbed)
• Median asking: $154,450 ($131/sqft)
• Median days on market: 51 d
• This list price: 62% of active listings are priced below it
• ARV vs active asking: +175.3% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 86001

• Rents YoY: 0.6%
• Active inventory: 372
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,873 high
• Mortgage (P&I): −$1,148
• Tax est. 1.5%: −$274 /mo · $3,285/yr
• Insurance: −$91
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $-100

Break-even live

Break-even rent $2,000

Max offer price $204,487

Occupancy floor —

Sensitivity live

Price	-10% $51	-5% $-25	+0% $-100	+5% $-176	+10% $-252
Rent	-10% $-248	-5% $-174	+0% $-100	+5% $-26	+10% $48
Rate	-1.0pp $10	-0.5pp $-45	base $-100	+0.5pp $-157	+1.0pp $-215

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: $54,750
• Closing costs: $6,570
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2701 S Woody Mountain Rd Flagstaff, AZ	1.0–3.0	1.0–2.0	1078	$3,110	$2.88	93d	77	0.46mi
2292 S Alvan Clark Blvd Flagstaff, AZ	2.0–3.0	1.0–2.0	978	$1,701	$1.74	93d	12	0.64mi
1385 W University Ave Flagstaff, AZ	2.0	2.0	906	$1,725	$1.90	93d	3	0.77mi
1000 W Forest Meadows St Flagstaff, AZ	2.0	2.0	947	$1,925	$2.03	93d	1	0.89mi
927 W Forest Meadows St Flagstaff, AZ	1.0–2.0	1.0–2.0	958	$2,806	$2.93	93d	11	0.94mi
923 W University Ave Flagstaff, AZ	1.0–2.0	1.0–2.0	877	$2,304	$2.63	93d	36	1.05mi
1580 S Plaza Way Flagstaff, AZ	1.0–2.0	1.0–2.0	875	$2,455	$2.81	93d	12	1.07mi
800 W Forest Meadows St Flagstaff, AZ	1.0–3.0	1.0–2.0	847	$3,535	$4.17	93d	32	1.09mi
813 W University Ave Flagstaff, AZ	2.0	1.0–2.0	567	$1,840	$3.25	93d	1	1.13mi
1515 S Yale St Flagstaff, AZ	2.0	1.0–2.0	860	$1,740	$2.02	93d	6	1.14mi
700 W University Ave Flagstaff, AZ	2.0	1.0–2.0	675	$1,735	$2.57	93d	1	1.14mi
600 W University Heights Dr N Flagstaff, AZ	1.0–2.0	1.0–2.0	766	$2,254	$2.94	93d	4	1.38mi
3200 S Litzler Dr Unit 9-236 Flagstaff, AZ	2.0	2.0	776	$1,800	$2.32	93d	1	1.40mi

Listing history 50 events

1. 2026-08-08
   days on market $219,000 Active 154 DOM
2. 2026-08-07
   days on market $219,000 Active 153 DOM
3. 2026-08-06
   days on market $219,000 Active 152 DOM
4. 2026-08-05
   days on market $219,000 Active 151 DOM
5. 2026-08-04
   days on market $219,000 Active 150 DOM
6. 2026-08-03
   days on market $219,000 Active 149 DOM
7. 2026-07-31
   days on market $219,000 Active 146 DOM
8. 2026-07-30
   days on market $219,000 Active 145 DOM
9. 2026-07-29
   days on market $219,000 Active 144 DOM
10. 2026-07-27
    days on market $219,000 Active 142 DOM
11. 2026-07-25
    days on market $219,000 Active 140 DOM
12. 2026-07-24
    days on market $219,000 Active 139 DOM
13. 2026-07-23
    days on market $219,000 Active 138 DOM
14. 2026-07-22
    days on market $219,000 Active 137 DOM
15. 2026-07-21
    days on market $219,000 Active 136 DOM
16. 2026-07-18
    days on market $219,000 Active 133 DOM
17. 2026-07-16
    days on market $219,000 Active 131 DOM
18. 2026-07-16
    days on market $219,000 Active 130 DOM
19. 2026-07-14
    days on market $219,000 Active 129 DOM
20. 2026-07-13
    days on market $219,000 Active 128 DOM
21. 2026-07-12
    days on market $219,000 Active 127 DOM
22. 2026-07-11
    days on market $219,000 Active 126 DOM
23. 2026-07-10
    days on market $219,000 Active 125 DOM
24. 2026-07-09
    days on market $219,000 Active 124 DOM
25. 2026-07-08
    days on market $219,000 Active 123 DOM
26. 2026-07-07
    days on market $219,000 Active 122 DOM
27. 2026-07-06
    days on market $219,000 Active 121 DOM
28. 2026-07-05
    days on market $219,000 Active 120 DOM
29. 2026-07-04
    days on market $219,000 Active 119 DOM
30. 2026-07-03
    days on market $219,000 Active 118 DOM
31. 2026-07-02
    days on market $219,000 Active 117 DOM
32. 2026-07-01
    days on market $219,000 Active 116 DOM
33. 2026-06-30
    days on market $219,000 Active 115 DOM
34. 2026-06-29
    days on market $219,000 Active 114 DOM
35. 2026-06-28
    days on market $219,000 Active 113 DOM
36. 2026-06-28
    days on market $219,000 Active 112 DOM
37. 2026-06-27
    days on market $219,000 Active 111 DOM
38. 2026-06-26
    days on market $219,000 Active 110 DOM
39. 2026-06-23
    days on market $219,000 Active 107 DOM
40. 2026-06-21
    days on market $219,000 Active 106 DOM
41. 2026-06-19
    days on market $219,000 Active 104 DOM
42. 2026-06-18
    days on market $219,000 Active 103 DOM
43. 2026-06-17
    days on market $219,000 Active 102 DOM
44. 2026-06-16
    days on market $219,000 Active 101 DOM
45. 2026-06-15
    days on market $219,000 Active 100 DOM
46. 2026-06-14
    days on market $219,000 Active 98 DOM
47. 2026-06-13
    days on market $219,000 Active 97 DOM
48. 2026-06-10
    days on market $219,000 Active 95 DOM
49. 2026-06-09
    days on market $219,000 Active 94 DOM
50. 2026-06-08
    days on market $219,000 Active 93 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 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 2/10 Low 7 d/yr ≥86°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

Taxation est. · year 1

• Rental income: $22,475
• − Mortgage interest: −$12,267
• − Property taxes: −$3,285
• − Insurance: −$1,892
• − Repairs & maintenance: −$1,798
• − Management: −$1,798
• − Depreciation: −$6,371
• Taxable loss: −$4,937
• Est. tax savings @ 24.0%: +$1,185
• After-tax cash flow: $-19/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 · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $5,760–$17,280 screening

This fully remodeled and furnished home in Wildwood Hills, Flagstaff, is move-in ready with updated interiors and a well-maintained exterior.

Value-add opportunities

• Both Paint the exterior siding — Enhances curb appeal and value ↑
• Both Trim the landscaping — Improves curb appeal and enhances property value ↑

ⓘ 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 30/100

Zoned Schools

Elementary Manuel Demiguel Elementary School D- AZ #308/1,109 Nat'l #14,504/41,679 Middle Mount Elden Middle School F AZ #134/218 Nat'l #11,801/14,009 High Flagstaff High School F AZ #154/381 Nat'l #12,478/17,239

Schools (NCES district)

• District: Flagstaff Unified District (4192)
• NCES district ID: 0402860
• Math proficiency: 18% ▼ -16.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $53,510
• Composite: 21.11/100
• National rank: #8437
• State rank: #158 of 249 in AZ

C Composite livability gradescore 61/100

Livability — Flagstaff

• Score: 61/100
• State rank: #167
• US rank: #18308

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Flagstaff, AZ
• County: Coconino County · 150,645 people
• City population: 91,667
• Metro: Flagstaff, AZ
• Population (ZIP): 37,312
• Household income: $64,626
• Rent vs Own: 63.2% rent · 36.8% own
• Severe rent burden: 18% of renters

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Population outlook (Coconino County) Hauer SSP2

• Today (2025): 150,645 people
• By 2030: 156,857 · +4.1%
• By 2040: 168,714 · +12.0%
• By 2050: 181,082 · +20.2%
• By 2075: 218,399 · +45.0%
• By 2100: 238,853 · +58.6%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 62% Hispanic / Latino 15% Native American 12% Two or more races 9% Asian 3% Black 2%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Italian 2% Slovak 2% Romanian 2%
• Foreign-born: 6% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 8% Other Indo-European 1% Chinese 1%

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Political lean MEDSL · Coconino

• 2024 margin: D (+19.9) · D 59.2% · R 39.4% · Other 1.4%
• 2008→2024 swing: +2.9pp toward D · 2008: 17.0pp · 2024: 19.9pp
• All cycles: 2024: D+19.9 2020: D+24.1 2016: D+19.4 2012: D+14.9 2008: D+17.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -488.37%
• Current HPI: 393.2551
• Rent YoY: ▲ 0.55%
• Metro: Flagstaff, 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

+16.2% since first listed

12 events — show timeline

• 2026-05-19 Price Changed $219,000 NAZMLS
• 2026-05-01 Price Changed $229,000 NAZMLS
• 2026-03-24 Price Changed $239,000 NAZMLS
• 2026-03-02 Listed $249,000 NAZMLS
• 2025-12-31 Listing Removed — NAZMLS
• 2025-08-26 Price Changed $249,000 NAZMLS
• 2025-08-05 Price Changed $259,000 NAZMLS
• 2025-05-22 Listed $269,999 NAZMLS
• 2022-09-30 Sold (MLS) $178,000 NAZMLS
• 2022-08-08 Listing Removed — NAZMLS
• 2022-06-28 Price Changed $186,000 NAZMLS
• 2022-05-20 Listed $188,500 NAZMLS