689 Whipple St #8 · Prescott, AZ 86301

$114,000

3 bd · 2.0 ba · 980 sqft · Manufactured · 115 Days on market

Built 1990 Good condition $116/sqft · 63% below area ↓ 12% since listing

---

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
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Schools +3.3/10.0
• Rent growth +2.6/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Best 55+ community location in town! Across from medical, shopping and the ''Y'' for swimming and exercise. Spotless upgraded 1990 Kirkwood model home in quiet and secure neighborhood. Entire home renovated. New paint inside and out, cabinets, quartz counters, Samsung appliances, luxury vinyl plank flooring, tiled showers, upgraded electrical, plumbing and fixtures. Roof coated and new gutters and gutter guards. Enjoy your little shady spot in the Prescott trees without the worry of gutter cleaning! Covered parking and 8x10 shed give you all you need!Realtor Only: Space rent $550. Must pass background check. 1 approved pet ok. Resident pays electric, gas, water/sewer and trash.

Key facts

• Quartz counters
• Samsung appliances
• Upgraded model home

Tags

• UPGRADED MODEL HOME
• ENTIRE HOME RENOVATED
• NEW PAINT INSIDE AND OUT
• QUARTZ COUNTERS
• SAMSUNG APPLIANCES
• LUXURY VINYL PLANK FLOORING

🏷️ Possibly a rental listed for sale. The $114,000 price doesn't fit this home's estimated sale value (~$310,120) 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 $114k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $581 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $114k).
• Recommended offer: $104k (9.0% below list) — sets the bar for market timing.
• Cap rate 12.4% vs local median 2.4% in Prescott — 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 73/100 on livability (#22 in AZ) — a middle-class / working-renter tenant base. Strengths: health & safety A+, amenities A, schools A-; Watch: cost of living D, commute F.
• Prescott Unified District (4466) (urban): math 34% / reading 44% proficiency, ranked #70 of 249 in AZ (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 486 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,062 units permitted in Yavapai County in 2024 (98 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $788 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Yavapai County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.2% rent growth), your $32k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 115 days — a 9% lower offer ($104k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 — expect insurance premiums to compound above CPI over the hold.

Recommended offer $103,740 (9.0% below list)

Questions for the listing agent

1. It's been on market 115 days. Have you received any prior offers? Is the seller open to a 9% 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. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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.
6. 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.
7. 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: 1.52% ✓
• Cap rate: 12.41%
• Cash-on-cash: 21.84%
• DSCR: 1.97
• GRM: 5.5

CMA / ARV

• ARV (median comp): $310,120
• List price: $114,000
• Delta: -63.24%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
837 Division St #26	0.06mi	2/2.0 (-1)	980 (0%)	20mo	$92,000	$94	75
837 Division St #30	0.06mi	2/2.0 (-1)	896 (-9%)	17mo	$79,900	$89	64
818 Lincoln Ave	0.20mi	2/2.0 (-1)	1,050 (+7%)	14mo	$240,000	$229	62
960 Peace Ln #62	0.56mi	2/1.0 (-1)	950 (-3%)	6mo	$54,900	$58	54
804 Oak Terrace Dr	0.48mi	2/1.0 (-1)	961 (-2%)	17mo	$160,000	$166	51
960 Peace Lane -- #55	0.56mi	2/1.0 (-1)	880 (-10%)	8mo	$40,000	$45	42

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 · 0.21% rent growth · sell at horizon

5-year hold

• IRR: 11.3%
• Equity multiple: 1.43×
• Total profit: $13,826
• Equity at exit: $16,998

10-year hold

• IRR: 18.0%
• Equity multiple: 2.30×
• Total profit: $41,431
• Equity at exit: $9,857

Cash invested: $31,920 (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 86301

• Home prices YoY: -21.8%
• Rents YoY: 0.2%
• Active inventory: 486
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,733 high
• Mortgage (P&I): −$598
• Tax est. 1.5%: −$142 /mo · $1,710/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $581

Break-even live

Break-even rent $997

Max offer price $114,000

Occupancy floor 61%

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: $28,500
• Closing costs: $3,420
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
720 N Walnut St Unit 15 Prescott, AZ	2.0	2.0	1082	$2,150	$1.99	44d	1	0.26mi
635 Dameron Dr Apt 1 Prescott, AZ	2.0	1.0	850	$1,150	$1.35	13d	1	0.34mi
301 W Merritt St Unit 303-A Prescott, AZ	2.0	1.0	650	$1,250	$1.92	21d	1	0.34mi
603 Campbell St Apt 01 Prescott, AZ	2.0	1.0	720	$1,000	$1.39	44d	1	0.46mi
601 Campbell St Apt 3 Prescott, AZ	2.0	1.0	720	$1,000	$1.39	44d	1	0.46mi
570 1st St Apt C Prescott, AZ	2.0	1.0	705	$1,050	$1.49	44d	1	0.51mi
538 Lincoln Ave Unit 2A'VACATION Prescott, AZ	2.0	1.0	850	$1,850	$2.18	44d	1	0.52mi
538 Lincoln Ave Unit 1A'VACATION Prescott, AZ	3.0	2.0	1000	$2,000	$2.00	44d	1	0.52mi
538 Lincoln Ave Unit 2C'VACATION Prescott, AZ	2.0	1.0	850	$1,750	$2.06	44d	1	0.52mi
780 Gail Gardner Way Unit 5 Prescott, AZ	2.0	1.0	887	$1,550	$1.75	44d	1	0.56mi
131 Whipple Extention Unit B Prescott, AZ	2.0	1.0	865	$1,400	$1.62	44d	1	0.57mi
131 Whipple Ext Prescott, AZ	2.0	1.0	865	$1,500	$1.73	13d	1	0.57mi
141 Whipple Ext Prescott, AZ	2.0	1.0	865	$1,400	$1.62	44d	1	0.58mi
410 Madison Ave Unit 3 Prescott, AZ	2.0	1.0	680	$1,200	$1.76	44d	1	0.61mi
408 Madison Ave #4 Prescott, AZ	2.0	1.0	680	$1,200	$1.76	21d	1	0.62mi
248 Vallejo St Apt B Prescott, AZ	3.0	1.0	1000	$1,795	$1.79	13d	1	0.62mi
824 W Gurley St Prescott, AZ	1.0–2.0	1.0	711	$1,375	$1.93	21d	2	0.91mi
1020 Heap Ave Prescott, AZ	2.0	1.0	1035	$2,000	$1.93	21d	1	1.18mi
312 Bridge St Unit 4 Prescott, AZ	2.0	1.0	880	$1,395	$1.59	21d	1	1.33mi
304 E Goodwin St Unit 1257809P Prescott, AZ	2.0	2.0	893	$4,182	$4.68	13d	1	1.36mi
1668 W Iron Springs Rd Prescott, AZ	1.0–2.0	1.0–2.0	719	$1,700	$2.36	13d	4	1.45mi
378 Park Ave Prescott, AZ	2.0	1.5	838	$2,300	$2.74	21d	1	1.46mi
315 S Cortez St Unit B Prescott, AZ	2.0	1.0	1050	$2,500	$2.38	44d	1	1.46mi
355 Country Club Cir Prescott, AZ	2.0–3.0	1.5	972	$1,750	$1.80	13d	5	1.48mi

Listing history 23 events

1. 2026-06-18
   days on market $114,000 Active 115 DOM
2. 2026-06-17
   days on market $114,000 Active 114 DOM
3. 2026-06-16
   days on market $114,000 Active 113 DOM
4. 2026-06-15
   days on market $114,000 Active 112 DOM
5. 2026-06-14
   days on market $114,000 Active 110 DOM
6. 2026-06-13
   days on market $114,000 Active 109 DOM
7. 2026-06-10
   days on market $114,000 Active 107 DOM
8. 2026-06-09
   days on market $114,000 Active 106 DOM
9. 2026-06-08
   days on market $114,000 Active 105 DOM
10. 2026-06-07
    days on market $114,000 Active 104 DOM
11. 2026-06-05
    days on market $114,000 Active 101 DOM
12. 2026-06-02
    days on market $114,000 Active 99 DOM
13. 2026-06-01
    days on market $114,000 Active 98 DOM
14. 2026-05-31
    days on market $114,000 Active 97 DOM
15. 2026-05-30
    days on market $114,000 Active 96 DOM
16. 2026-05-18
    price $114,000 686-char remark

    Show marketing remark (686 chars)

    Best 55+ community location in town! Across from medical, shopping and the ''Y'' for swimming and exercise. Spotless upgraded 1990 Kirkwood model home in quiet and secure neighborhood. Entire home renovated. New paint inside and out, cabinets, quartz counters, Samsung appliances, luxury vinyl plank flooring, tiled showers, upgraded electrical, plumbing and fixtures. Roof coated and new gutters and gutter guards. Enjoy your little shady spot in the Prescott trees without the worry of gutter cleaning! Covered parking and 8x10 shed give you all you need!Realtor Only: Space rent $550. Must pass background check. 1 approved pet ok. Resident pays electric, gas, water/sewer and trash.

17. 2026-05-02
    status Active 686-char remark

    Show marketing remark (686 chars)

    Best 55+ community location in town! Across from medical, shopping and the ''Y'' for swimming and exercise. Spotless upgraded 1990 Kirkwood model home in quiet and secure neighborhood. Entire home renovated. New paint inside and out, cabinets, quartz counters, Samsung appliances, luxury vinyl plank flooring, tiled showers, upgraded electrical, plumbing and fixtures. Roof coated and new gutters and gutter guards. Enjoy your little shady spot in the Prescott trees without the worry of gutter cleaning! Covered parking and 8x10 shed give you all you need!Realtor Only: Space rent $550. Must pass background check. 1 approved pet ok. Resident pays electric, gas, water/sewer and trash.

18. 2026-03-25
    historical 686-char remark

    Show marketing remark (686 chars)

    Best 55+ community location in town! Across from medical, shopping and the ''Y'' for swimming and exercise. Spotless upgraded 1990 Kirkwood model home in quiet and secure neighborhood. Entire home renovated. New paint inside and out, cabinets, quartz counters, Samsung appliances, luxury vinyl plank flooring, tiled showers, upgraded electrical, plumbing and fixtures. Roof coated and new gutters and gutter guards. Enjoy your little shady spot in the Prescott trees without the worry of gutter cleaning! Covered parking and 8x10 shed give you all you need!Realtor Only: Space rent $550. Must pass background check. 1 approved pet ok. Resident pays electric, gas, water/sewer and trash.

19. 2026-01-15
    listed $119,000 Active 686-char remark

    Show marketing remark (686 chars)

    Best 55+ community location in town! Across from medical, shopping and the ''Y'' for swimming and exercise. Spotless upgraded 1990 Kirkwood model home in quiet and secure neighborhood. Entire home renovated. New paint inside and out, cabinets, quartz counters, Samsung appliances, luxury vinyl plank flooring, tiled showers, upgraded electrical, plumbing and fixtures. Roof coated and new gutters and gutter guards. Enjoy your little shady spot in the Prescott trees without the worry of gutter cleaning! Covered parking and 8x10 shed give you all you need!Realtor Only: Space rent $550. Must pass background check. 1 approved pet ok. Resident pays electric, gas, water/sewer and trash.

20. 2023-12-29
    soldstatus $116,000 Closed 608-char remark

    Show marketing remark (608 chars)

    Remodeled and Upgraded!!! Unit 8 is a 1990 Krikwood manufactured home. It's 14'x70' and boasts 980 square feet. Entire home has been renovated! Freshly painted inside and out, new cabinets throughout, new custom quartz countertops, new Samsung appliances, upgraded electrical, upgraded Plumbing, all new fixtures, high quality luxury vinyl plank flooring, carpet in bedrooms, all new door hardware, 2 brand new tiled showers new landings, plus covered parking, and 8x10 shed. Located in the Mobile Inn Community a 55+ community. Pad rent is $550/mo. Must pass background check. Come see this one today!

21. 2023-12-22
    status Pending 608-char remark

    Show marketing remark (608 chars)

    Remodeled and Upgraded!!! Unit 8 is a 1990 Krikwood manufactured home. It's 14'x70' and boasts 980 square feet. Entire home has been renovated! Freshly painted inside and out, new cabinets throughout, new custom quartz countertops, new Samsung appliances, upgraded electrical, upgraded Plumbing, all new fixtures, high quality luxury vinyl plank flooring, carpet in bedrooms, all new door hardware, 2 brand new tiled showers new landings, plus covered parking, and 8x10 shed. Located in the Mobile Inn Community a 55+ community. Pad rent is $550/mo. Must pass background check. Come see this one today!

22. 2023-12-11
    historical Active Under Contract 608-char remark

    Show marketing remark (608 chars)

    Remodeled and Upgraded!!! Unit 8 is a 1990 Krikwood manufactured home. It's 14'x70' and boasts 980 square feet. Entire home has been renovated! Freshly painted inside and out, new cabinets throughout, new custom quartz countertops, new Samsung appliances, upgraded electrical, upgraded Plumbing, all new fixtures, high quality luxury vinyl plank flooring, carpet in bedrooms, all new door hardware, 2 brand new tiled showers new landings, plus covered parking, and 8x10 shed. Located in the Mobile Inn Community a 55+ community. Pad rent is $550/mo. Must pass background check. Come see this one today!

23. 2023-11-17
    listed $129,900 Active 608-char remark

    Show marketing remark (608 chars)

    Remodeled and Upgraded!!! Unit 8 is a 1990 Krikwood manufactured home. It's 14'x70' and boasts 980 square feet. Entire home has been renovated! Freshly painted inside and out, new cabinets throughout, new custom quartz countertops, new Samsung appliances, upgraded electrical, upgraded Plumbing, all new fixtures, high quality luxury vinyl plank flooring, carpet in bedrooms, all new door hardware, 2 brand new tiled showers new landings, plus covered parking, and 8x10 shed. Located in the Mobile Inn Community a 55+ community. Pad rent is $550/mo. Must pass background check. Come see this one today!

ⓘ 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 6/10 Major
• 🌡 Heat 3/10 Moderate 6 d/yr ≥91°F today · 15 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: $20,793
• − Mortgage interest: −$6,386
• − Property taxes: −$1,710
• − Insurance: −$570
• − Repairs & maintenance: −$1,663
• − Management: −$1,663
• − Depreciation: −$3,316
• Taxable income: $5,484
• Est. tax owed @ 24.0%: −$1,316
• After-tax cash flow: $5,656/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

This 1990 Kirkwood manufactured home is in good condition with recent renovations, including new paint, cabinets, countertops, and appliances. It's located in a quiet and secure neighborhood with amenities nearby.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and value
• Both Landscaping improvements — Enhances curb appeal and value
• Both New flooring in bathrooms — Improves functionality and aesthetics
• Both New countertops in kitchen — Improves functionality and aesthetics

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior — Enhances curb appeal and value ↑
• Both Landscaping improvements — Enhances curb appeal and value ↑
• Both New flooring in bathrooms — Improves functionality and aesthetics ↑
• Both New countertops in kitchen — Improves functionality and aesthetics ↑

ⓘ 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: Prescott Unified District (4466)
• NCES district ID: 0406730
• Math proficiency: 34% ▼ -16.00%
• Reading proficiency: 44% ▼ -13.00%
• Median HH income: $48,354
• Composite: 33.47/100
• National rank: #5450
• State rank: #70 of 249 in AZ

Livability — Prescott

• Score: 73/100
• State rank: #22
• US rank: #5579

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prescott, AZ
• County: Yavapai County · 190,406 people
• City population: 66,312
• Metro: Prescott Valley-Prescott, AZ
• Population (ZIP): 27,076
• Household income: $72,652
• Rent vs Own: 32.1% rent · 67.9% own
• Severe rent burden: 1225.0

Population outlook (Yavapai County) Hauer SSP2

• Today (2025): 241,389 people
• By 2030: 249,523 · +3.4%
• By 2040: 259,966 · +7.7%
• By 2050: 264,736 · +9.7%
• By 2075: 269,334 · +11.6%
• By 2100: 256,505 · +6.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 9% Two or more races 6% Asian 2% Native American 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 4% Slovak 4% Portuguese 3%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Yavapai

• 2024 margin: Solid R (+33.9) · D 32.6% · R 66.5%
• 2008→2024 swing: -9.5pp toward R · 2008: -24.4pp · 2024: -33.9pp
• All cycles: 2024: R+33.9 2020: R+29.3 2016: R+31.4 2012: R+30.7 2008: R+24.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -97.55%
• Current HPI: 350.7591
• Rent YoY: ▲ 0.21%
• Metro: Prescott Valley-Prescott, 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

-12.2% since first listed

8 events — show timeline

• 2026-05-18 Price Changed $114,000 PAARMLS as Distributed by MLS Grid
• 2026-05-02 Relisted — PAARMLS as Distributed by MLS Grid
• 2026-03-25 Listing Removed — PAARMLS as Distributed by MLS Grid
• 2026-01-15 Listed $119,000 PAARMLS as Distributed by MLS Grid
• 2023-12-29 Sold (MLS) $116,000 PAARMLS as Distributed by MLS Grid
• 2023-12-22 Pending — PAARMLS as Distributed by MLS Grid
• 2023-12-11 Contingent — PAARMLS as Distributed by MLS Grid
• 2023-11-17 Listed $129,900 PAARMLS as Distributed by MLS Grid