Respect Plan · New Kingman-Butler, AZ 86409

$74,000

2 bd · 2.0 ba · 790 sqft · Manufactured · 248 Days on market

Poor condition $500/mo HOA · 39% of rent

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Why this score? — see what drove the F 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).

• 1% rule +7.8/10.0
• ARV discount +7.5/15.0
• Cash flow +6.3/30.0
• Rent growth +2.6/5.0
• Livability +2.5/5.0
• Schools +1.8/10.0
• Condition / age +1.0/5.0
• DSCR +0.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Ready for Installation in Kingman Ranch with options for financing and home installation available.

Key facts

• Listed 247 days

🏗️ New construction. The $74,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $101,172.

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $74k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $-178 ($-2k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $74k).
• Recommended offer: $65k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade F — affects rentability + tenant quality, not the cash-flow math above.
• Kingman Unified School District (79598) (town): math 19% / reading 24% proficiency, ranked #179 of 249 in AZ (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents flat; 647 active listings in the ZIP; 2,543 units permitted in Mohave County in 2024 (33 in 5+ unit buildings).
• This rent runs 30% of the median local income ($51k/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 $700 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Mohave County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 248 days — a 12% lower offer ($65k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: HOA is 39% of rent.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 9→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $65,120 (12.0% 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 248 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.28% ✓
• Cap rate: 4.18%
• Cash-on-cash: -7.56%
• DSCR: 0.66
• GRM: 6.5

CMA / ARV

• ARV (median comp): $101,172
• List price: $74,000
• Delta: -26.86%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1260 E Aralia Dr	0.09mi	2/2.0	676 (-14%)	21mo	$86,000	$127	55

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 · 0.33% rent growth · sell at horizon

5-year hold

• IRR: -35.0%
• Equity multiple: -0.09×
• Total profit: $-30,816
• Equity at exit: $15,085

10-year hold

• IRR: -87.6%
• Equity multiple: -0.88×
• Total profit: $-53,295
• Equity at exit: $8,747

Cash invested: $28,328 (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 86409

• Rents YoY: 0.3%
• Active inventory: 647
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,292 medium
• Mortgage (P&I): −$531
• Tax est. 1.5%: −$126 /mo · $1,518/yr
• Insurance: −$42
• HOA: −$500
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $-178

Break-even live

Break-even rent $1,518

Max offer price $75,345

Occupancy floor —

Sensitivity live

Price	-10% $-109	-5% $-144	+0% $-178	+5% $-213	+10% $-248
Rent	-10% $-281	-5% $-230	+0% $-178	+5% $-127	+10% $-76
Rate	-1.0pp $-128	-0.5pp $-153	base $-178	+0.5pp $-205	+1.0pp $-231

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: $25,293
• Closing costs: $3,035
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $500 · $6,000/yr

Listing history 18 events

1. 2026-06-21
   days on market $74,000 Active 248 DOM
2. 2026-06-18
   days on market $74,000 Active 245 DOM
3. 2026-06-17
   days on market $74,000 Active 244 DOM
4. 2026-06-16
   days on market $74,000 Active 243 DOM
5. 2026-06-15
   days on market $74,000 Active 242 DOM
6. 2026-06-14
   days on market $74,000 Active 240 DOM
7. 2026-06-13
   days on market $74,000 Active 239 DOM
8. 2026-06-10
   days on market $74,000 Active 237 DOM
9. 2026-06-09
   days on market $74,000 Active 236 DOM
10. 2026-06-08
    days on market $74,000 Active 235 DOM
11. 2026-06-07
    days on market $74,000 Active 234 DOM
12. 2026-06-05
    days on market $74,000 Active 231 DOM
13. 2026-06-03
    days on market $74,000 Active 230 DOM
14. 2026-06-02
    days on market $74,000 Active 229 DOM
15. 2026-06-01
    days on market $74,000 Active 228 DOM
16. 2026-05-31
    days on market $74,000 Active 227 DOM
17. 2026-05-30
    days on market $74,000 Active 226 DOM
18. 2025-10-17
    listed $74,000 Active 99-char remark

    Show marketing remark (99 chars)

    Ready for Installation in Kingman Ranch with options for financing and home installation available.

ⓘ 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 7/10 Severe
• 🌡 Heat 6/10 Major 9 d/yr ≥100°F today · 23 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: $15,504
• − Mortgage interest: −$5,667
• − Property taxes: −$1,518
• − Insurance: −$506
• − Repairs & maintenance: −$1,240
• − Management: −$1,240
• − HOA: −$6,000
• − Depreciation: −$2,943
• Taxable loss: −$3,610
• Est. tax savings @ 24.0%: +$866
• After-tax cash flow: $-1,275/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 · 1 photo

Poor 20/100 Extensive rehab

This manufactured home is in an extensive rehab stage, requiring roof, exterior siding, flooring, interior walls, and HVAC installation to become move-in ready.

Repairs flagged

• Major roof — No roofing installed
• Major exterior siding — No siding installed
• Major flooring — No flooring installed
• Major interior walls — No interior walls or finishes
• Major HVAC — No HVAC or utilities installed

Value-add opportunities

• Both roof installation — Completes the structure and provides protection
• Both exterior siding — Enhances curb appeal and protects the structure
• Both flooring — Provides a finished living space
• Both interior walls — Completes the living space and provides privacy
• Both HVAC and utilities — Ensures comfort and functionality

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · No roofing installed	Major	$15,000–50,000
exterior siding · No siding installed	Major	$15,000–50,000
flooring · No flooring installed	Major	$15,000–50,000
interior walls · No interior walls or finishes	Major	$15,000–50,000
HVAC · No HVAC or utilities installed	Major	$15,000–50,000
Total estimated repair cost · 5 items		$75,000–250,000

Value-add ROI direction

• Both roof installation — Completes the structure and provides protection ↑
• Both exterior siding — Enhances curb appeal and protects the structure ↑
• Both flooring — Provides a finished living space ↑
• Both interior walls — Completes the living space and provides privacy ↑
• Both HVAC and utilities — Ensures comfort and functionality ↑

ⓘ 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: Kingman Unified School District (79598)
• NCES district ID: 0400295
• Math proficiency: 19% ▼ -11.00%
• Reading proficiency: 24% ▼ -9.00%
• Median HH income: $36,760
• Composite: 17.87/100
• National rank: #9002
• State rank: #179 of 249 in AZ

Livability — New Kingman-Butler

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: New Kingman-Butler, AZ
• County: Mohave County · 181,906 people
• Metro: Lake Havasu City-Kingman, AZ
• Population (ZIP): 30,365
• Household income: $50,852
• Rent vs Own: 31.4% rent · 68.6% own
• Severe rent burden: 688.0

Population outlook (Mohave County) Hauer SSP2

• Today (2025): 209,184 people
• By 2030: 209,674 · +0.2%
• By 2040: 205,897 · -1.6%
• By 2050: 196,810 · -5.9%
• By 2075: 169,454 · -19.0%
• By 2100: 136,630 · -34.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 16% Two or more races 10% Native American 1%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Lithuanian 3% Slovak 2% Portuguese 2%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 7%

Political lean MEDSL · Mohave

• 2024 margin: Solid R (+55.8) · D 21.8% · R 77.6%
• 2008→2024 swing: -22.9pp toward R · 2008: -32.9pp · 2024: -55.8pp
• All cycles: 2024: R+55.8 2020: R+51.3 2016: R+51.5 2012: R+42.6 2008: R+32.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -158.90%
• Current HPI: 280.1884
• Rent YoY: ▲ 0.33%
• Metro: Lake Havasu City-Kingman, AZ
• State GDP YoY: ▲ 4.54%
• F500 in state: 20

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

1 event — show timeline

• 2025-10-17 Listed $74,000 Zillow