6227 N Litchfield Rd #12 · Glendale, 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 3/10 · Minor
- Est. fire insurance / yr
- $610 – $1,132
Heat risk 9/10 · Severe
- Hot days now (above 113°F)
- 6 days/yr
- Hot days in 30 yrs
- 16 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 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
- ARV discount +13.1/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.8/5.0
- Condition / age +3.8/5.0
- Rent growth +3.0/5.0
- Schools +2.8/10.0
- Appreciation +0.0/10.0
$70,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this beautifully maintained manufactured home in the heart of Litchfield Park! Freshly painted and meticulously cared for, this home offers a functional open layout filled with natural light. The kitchen flows seamlessly into the living and dining areas, ideal for everyday living and entertaining. Featuring 3 bedrooms and 2 full baths, plus a newer water heater for added peace of mind. Enjoy a low-maintenance lifestyle with access to a clubhouse, pool, gym, and greenbelt. Lot rent includes trash, recycle, and septic. Small pets allowed. Washer, dryer, and refrigerator convey.
Key facts
- Clubhouse
- Greenbelt
- Open layout
Tags
Property features AI
Finance
- Other: Building area reported by owner
- HOA & community: Land lease of $725 per month; No association fees; Community pool; Biking/walking path; Fitness center
Exterior
- Parking: 2 covered parking spaces; 2 open parking spaces; 2 carport spaces
- Utilities: City water; Septic (in & connected)
- Home design: Manufactured/mobile home; Leasehold ownership
- Construction: Wood frame construction; Painted exterior; Composition and metal roofing with sub-tile ventilation
- Exterior features: On-site storage; Natural desert front; City-maintained road access
Interior
- Kitchen: Refrigerator; Disposal
- Bedrooms: Possible 3 bedrooms
- Flooring: Carpet; Vinyl
- Bathrooms: 2 full bathrooms
- Heating & cooling: Electric heating; Central air conditioning
- Interior features: High-speed internet; No interior steps; Master bedroom with 3/4 bath
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $70k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $1k ($14k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $70k).
- Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
- Cap rate 26.9% vs local median 3.5% in Glendale — 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 76/100 on livability (#12 in AZ, #3,235 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, amenities B; Watch: health & safety D+, crime F.
- Agua Fria Union High School District (4289) (suburban): math 24% / reading 37% proficiency, ranked #99 of 249 in AZ (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Millennium High School (math 39% / reading 55%, grade D-, #50 of 381 statewide, top 14%, 2,121 students, 21% FRL).
- Zoned-school proficiency averages 47% at this address vs 30% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Agua Fria Union High School District (4289) average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising (+1.9%/yr); 474 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 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 $484 of loan paydown is wiped out by about $2k 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 + 1.9% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 27 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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
- 3.05% ✓
- Cap rate
- 26.94%
- Cash-on-cash
- 73.75%
- DSCR
- 4.28
- GRM
- 2.7
CMA / ARV
- ARV (on-the-fly)
- $79,872
- Comps found
- 6
Show comp detail 6 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 6227 N Litchfield Rd #42 | 0.05mi | 3/2.0 | 1,024 (0%) | 6mo | $58,000 | $57 | 93 |
| 6227 N Litchfield Rd #4 | 0.09mi | 3/2.0 | 1,044 (+2%) | 9mo | $67,500 | $65 | 85 |
| 6227 N Litchfield Rd #37 | 0.05mi | 2/2.0 (-1) | 980 (-4%) | 11mo | $70,000 | $71 | 76 |
| 6227 N Litchfield Rd #2 | 0.05mi | 3/2.0 | 1,088 (+6%) | 18mo | $85,000 | $78 | 72 |
| 6227 N Litchfield Rd #29 | 0.05mi | 2/2.0 (-1) | 1,100 (+7%) | 13mo | $107,500 | $98 | 69 |
| 6227 N Litchfield Rd #43 | 0.05mi | 3/2.0 | 1,152 (+12%) | 18mo | $117,000 | $102 | 62 |
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 · 1.92% rent growth · sell at horizon
- IRR
- 72.3%
- Equity multiple
- 4.22×
- Total profit
- $63,111
- Equity at exit
- $10,437
- IRR
- 75.9%
- Equity multiple
- 8.38×
- Total profit
- $144,649
- Equity at exit
- $6,052
Cash invested: $19,600 (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 85340
- Rents YoY
- 1.9%
- Active inventory
- 474
- Price-to-rent
- 2.7×
Monthly cashflow live
- Estimated rent
- $2,137 high interval (Pro) →
- Mortgage (P&I)
- −$367
- Tax est. 1.5%
- −$88 /mo · $1,050/yr
- Insurance
- −$29
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$449
- Net cashflow
- $1,205
Break-even live
Sensitivity live
| Price | -10% $1,253 | -5% $1,229 | +0% $1,205 | +5% $1,180 | +10% $1,156 |
|---|---|---|---|---|---|
| Rent | -10% $1,036 | -5% $1,120 | +0% $1,205 | +5% $1,289 | +10% $1,373 |
| Rate | -1.0pp $1,240 | -0.5pp $1,222 | base $1,205 | +0.5pp $1,186 | +1.0pp $1,168 |
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
- $17,500
- Closing costs
- $2,100
- 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 5 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 13826 W Keim Dr Litchfield Park, AZ | 3.0 | 2.0 | 1306 | $2,050 | $1.57 | 3d | 1 | 0.16mi |
| 13444 W Rhine Ln Litchfield Park, AZ | 3.0 | 2.0 | 1323 | $1,699 | $1.28 | 17d | 1 | 0.34mi |
| 13621 W Glendale Ave Glendale, AZ | 2.0–3.0 | 1.0–2.0 | 1279 | $1,999 | $1.56 | 2d | 13 | 0.62mi |
| 6706 N Dysart Rd Glendale, AZ | 1.0–2.0 | 1.0–2.0 | 727 | $1,439 | $1.98 | 2d | 42 | 0.87mi |
| 5110 N 129th Ave Litchfield Park, AZ | 1.0–2.0 | 1.0–2.0 | 806 | $2,018 | $2.50 | 2d | 8 | 1.49mi |
Listing history 14 events
-
2026-06-18days on market $70,000 Active 27 DOM
-
2026-06-17days on market $70,000 Active 26 DOM
-
2026-06-16days on market $70,000 Active 25 DOM
-
2026-06-15days on market $70,000 Active 24 DOM
-
2026-06-13days on market $70,000 Active 22 DOM
-
2026-06-09days on market $70,000 Active 18 DOM
-
2026-06-08days on market $70,000 Active 17 DOM
-
2026-06-07days on market $70,000 Active 16 DOM
-
2026-06-04days on market $70,000 Active 13 DOM
-
2026-06-03days on market $70,000 Active 12 DOM
-
2026-06-02days on market $70,000 Active 11 DOM
-
2026-06-01days on market $70,000 Active 10 DOM
-
2026-05-31days on market $70,000 Active 9 DOM
-
2026-05-22$70,000 Active
ⓘ 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 3/10 Moderate
- Heat 9/10 Extreme 6 d/yr ≥113°F today · 16 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
- $25,645
- − Mortgage interest
- −$3,921
- − Property taxes
- −$1,050
- − Insurance
- −$350
- − Repairs & maintenance
- −$2,052
- − Management
- −$2,052
- − Depreciation
- −$2,036
- Taxable income
- $14,185
- Est. tax owed @ 24.0%
- −$3,404
- After-tax cash flow
- $11,050/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 · 30 photos
This well-maintained manufactured home offers a functional open layout with fresh paint and new water heater, making it a great investment for both resale and rental.
Value-add opportunities
- Both paint exterior — enhances curb appeal and resale value
- Both replace carpet in bedrooms — improves comfort and rental appeal
Renovation cost estimate screening
Value-add ROI direction
- Both paint exterior — enhances curb appeal and resale value ↑
- Both replace carpet in bedrooms — improves comfort and rental 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
- Agua Fria Union High School District (4289)
- NCES district ID
- 0400450
- Math proficiency
- 24% ▼ -32.00%
- Reading proficiency
- 37% ▼ -12.00%
- Median HH income
- $64,107
- Composite
- 27.92/100
- National rank
- #6865
- State rank
- #99 of 249 in AZ
Livability — Glendale
- Score
- 76/100
- State rank
- #12
- US rank
- #3235
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Maricopa County · 4,537,380 people
- City population
- 294,586
- Metro
- Phoenix-Mesa-Chandler, AZ
- Population (ZIP)
- 40,919
- Household income
- $122,323
- Rent vs Own
- Severe rent burden
- 696.0
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
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- White 48% Hispanic / Latino 35% Two or more races 19% Black 5% Asian 4% Native American 1%
- Hispanic origin (detail)
- Mexican 27%
- Common ancestry
- Romanian 2% Portuguese 2% Slovak 2%
- Foreign-born
- 12% · Canada, Vietnam, China
- Languages at home
- 78% English-only · Spanish 16% Other Indo-European 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
- ▼ -322.29%
- Current HPI
- 279.2294
- Rent YoY
- ▲ 1.92%
- 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
1 event — show timeline
- 2026-05-22 Listed $70,000 ARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…