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1221 N Dysart Rd #35
B+ Composite 76.48
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 +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +3.6/5.0
  • Schools +2.8/10.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$40,000

1221 N Dysart Rd #35 · Avondale, AZ 85323
2 bd · 1.0 ba · 800 sqft · Manufactured · 505 Days on market
Built 1984 Est $75k · 47% under ↓ 33% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Home, sweet home! This charming 2-bedroom mobile home welcomes you with an inviting front porch for enjoying morning coffee. Inside, you'll find an open layout with a soothing palette, blinds, and contemporary wood-look flooring. The kitchen comes with white cabinetry and built-in appliances for a seamless cooking experience. Both bedrooms are well-sized and provide a cozy space for relaxation. Outside, discover a shed in the backyard, offering extra storage space. Don't miss out on this one!

Key facts

  • Built-in appliances
  • Front porch
  • Shed in backyard

Tags

FRONT PORCHOPEN LAYOUTWHITE CABINETRYBUILT-IN APPLIANCESSHED IN BACKYARD

Property features AI

Finance

  • HOA & community: Land lease community (monthly land lease $750); No association fees included; Community pool

Exterior

  • Parking: 2 covered parking spaces; 2 carport spaces
  • Utilities: City water; Public sewer
  • Home design: Manufactured/Mobile home; Leasehold ownership
  • Construction: Steel frame construction; Painted exterior; Metal roof
  • Exterior features: Storage on property; Gravel/stone front; Synthetic grass front; East/West exposure

Interior

  • Kitchen: Built-in microwave; Laminate counters; Electric range/oven; Refrigerator; Garbage disposal
  • Bedrooms: Up to 2 bedrooms
  • Flooring: Vinyl flooring
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Electric heating; Window/wall cooling unit
  • Interior features: High-speed internet available; No interior steps; Laminate counters; Storage
  • Laundry & utility: Laundry inside

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $40k.

Deal economics

  • At list price, monthly cash flow is $900 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $40k).
  • Recommended offer: $35k (12.0% below list) — sets the bar for market timing.
  • Cap rate 33.3% vs local median 3.4% in Avondale — 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 72/100 on livability (#29 in AZ) — a middle-class / working-renter tenant base. Strengths: housing A+, commute A; Watch: health & safety C-, crime D+, amenities 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: Lattie Coor (344 students, 84% FRL); Avondale Middle School (math 11% / reading 18%, grade F, #160 of 218 statewide, top 75%, 409 students, 78% FRL); Agua Fria High School (math 15% / reading 26%, grade F, #222 of 381 statewide, top 59%, 1,652 students, 62% FRL).
  • Zoned-school proficiency averages 18% at this address vs 30% district-wide (-13 pts) — the specific schools serving this property underperform the Agua Fria Union High School District (4289) average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents flat; 316 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals leasing fast (median 0d 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 $277 of loan paydown is wiped out by about $1k 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 + 0.3% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 505 days — a 12% lower offer ($35k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $35,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 505 days. Have you received any prior offers? Is the seller open to a 12% 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. 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?
  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
3.72%
Cap rate
33.30%
Cash-on-cash
96.45%
DSCR
5.29
GRM
2.2

CMA / ARV

ARV (on-the-fly)
$75,200
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1221 N Dysart Rd #37 0.00mi 3/2.0 (+1) 800 (0%) 13mo $75,000 $94 80

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 · 0.34% rent growth · sell at horizon

5-year hold
IRR
94.4%
Equity multiple
5.20×
Total profit
$46,994
Equity at exit
$5,964
10-year hold
IRR
96.6%
Equity multiple
9.90×
Total profit
$99,734
Equity at exit
$3,458

Cash invested: $11,200 (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.

ZIP-level market 85323

Home prices YoY
-27.1%
Rents YoY
0.3%
Active inventory
316
Price-to-rent
2.2×

Monthly cashflow live

Estimated rent
$1,489 high interval (Pro) →
Mortgage (P&I)
$210
Tax est. 1.5%
$50 /mo · $600/yr
Insurance
$17
HOA
$0
Vacancy / Maint / Mgmt
$313
Net cashflow
$900

Break-even live

Break-even rent $350
Max offer price $40,000
Occupancy floor 35%

Sensitivity live

Price -10% $928 -5% $914 +0% $900 +5% $886 +10% $873
Rent -10% $783 -5% $841 +0% $900 +5% $959 +10% $1,018
Rate -1.0pp $920 -0.5pp $910 base $900 +0.5pp $890 +1.0pp $879

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
$10,000
Closing costs
$1,200
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 23 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1333 N Dysart Rd Avondale, AZ 2.0 1.0–2.0 626 $1,620 $2.59 0d 27 0.13mi
333 E Van Buren St Avondale, AZ 2.0 1.0–2.0 574 $1,365 $2.38 0d 13 0.50mi
1425 N Palo Verde Dr Goodyear, AZ 2.0 1.0 847 $1,250 $1.48 0d 4 0.52mi
526 N 4th St Unit B Avondale, AZ 2.0 1.0 858 $1,150 $1.34 0d 1 0.59mi
522 N 4th St Unit A Avondale, AZ 2.0 1.0 858 $1,150 $1.34 0d 1 0.61mi
103 E Brinker Dr Avondale, AZ 3.0 1.0 900 $1,150 $1.28 0d 3 0.73mi
12375 W Van Buren St Avondale, AZ 1.0–3.0 1.0–2.0 1044 $1,811 $1.73 0d 47 0.74mi
312 E Kinderman Dr Unit 1 Avondale, AZ 2.0 1.0 717 $1,375 $1.92 21d 1 0.75mi
1701 N Palo Verde Dr Goodyear, AZ 2.0 1.0 760 $1,195 $1.57 0d 2 0.75mi
12721 W Buckeye Rd Avondale, AZ 2.0–3.0 2.0 983 $1,497 $1.52 0d 6 0.85mi
1408 N Central Ave Avondale, AZ 1.0–3.0 1.0–2.0 909 $1,465 $1.61 0d 15 0.87mi
1737 N Central Ave Goodyear, AZ 1.0–3.0 1.0–2.0 1009 $1,544 $1.53 0d 15 0.89mi
207 S 3rd St Unit 11 Avondale, AZ 2.0 1.0 950 $1,000 $1.05 0d 1 0.99mi
1322 N La Jolla Blvd Goodyear, AZ 1.0 1.0 575 $1,170 $2.03 0d 4 1.01mi
12115 W Van Buren St Avondale, AZ 1.0 1.0 754 $1,155 $1.53 18d 1 1.04mi
12115 W Van Buren St Avondale, AZ 1.0 1.0 754 $1,195 $1.58 0d 1 1.04mi
12115 W Van Buren St Avondale, AZ 1.0 1.0 729 $1,263 $1.73 6d 1 1.04mi
231 S 1st St Unit 1 Avondale, AZ 2.0 1.0 1050 $1,600 $1.52 0d 1 1.09mi
13015 W Rancho Santa Fe Blvd Avondale, AZ 1.0–3.0 1.0–2.0 971 $1,494 $1.54 0d 18 1.12mi
620 N Litchfield Rd Goodyear, AZ 1.0–3.0 1.0–2.0 802 $1,532 $1.91 0d 15 1.20mi
102 S 4th Ave Avondale, AZ 1.0–3.0 1.0–2.0 853 $1,541 $1.81 0d 26 1.32mi
105 N Links Dr Avondale, AZ 1.0–2.0 1.0–2.0 930 $1,554 $1.67 0d 16 1.43mi
11850 W Fillmore St Avondale, AZ 3.0 1.0–2.0 838 $1,566 $1.87 0d 20 1.49mi

Listing history 20 events

  1. 2026-06-21
    days on market $40,000 Active 505 DOM
  2. 2026-06-18
    days on market $40,000 Active 502 DOM
  3. 2026-06-17
    days on market $40,000 Active 501 DOM
  4. 2026-06-16
    days on market $40,000 Active 500 DOM
  5. 2026-06-15
    days on market $40,000 Active 499 DOM
  6. 2026-06-13
    days on market $40,000 Active 497 DOM
  7. 2026-06-13
    days on market $40,000 Active 496 DOM
  8. 2026-06-09
    days on market $40,000 Active 493 DOM
  9. 2026-06-08
    days on market $40,000 Active 492 DOM
  10. 2026-06-07
    days on market $40,000 Active 491 DOM
  11. 2026-06-04
    days on market $40,000 Active 488 DOM
  12. 2026-06-02
    days on market $40,000 Active 486 DOM
  13. 2026-06-01
    days on market $40,000 Active 485 DOM
  14. 2026-05-31
    days on market $40,000 Active 484 DOM
  15. 2026-04-14
    price $40,000
  16. 2025-11-21
    price $43,000
  17. 2025-09-23
    price $45,000
  18. 2025-08-18
    price $50,000
  19. 2025-06-27
    price $57,000
  20. 2025-02-01
    listed $60,000 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 5/10 Major
  • 🌡 Heat 9/10 Extreme 6 d/yr ≥113°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,873
− Mortgage interest
−$2,241
− Property taxes
−$600
− Insurance
−$200
− Repairs & maintenance
−$1,430
− Management
−$1,430
− Depreciation
−$1,164
Taxable income
$10,809
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,594
After-tax cash flow
$8,209/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.

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 — Avondale

Score
72/100
State rank
#29
US rank
#6100

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Avondale, AZ
County
Maricopa County · 4,537,380 people
City population
86,122
Metro
Phoenix-Mesa-Chandler, AZ
Population (ZIP)
47,043
Household income
$83,120
Rent vs Own
40.6% rent · 59.4% own
Severe rent burden
1506.0

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 0.58)
Race & ethnicity
Hispanic / Latino 60% Two or more races 26% White 22% Black 13% Asian 2% Native American 2%
Hispanic origin (detail)
Mexican 52% Puerto Rican 1%
Common ancestry
Italian 2% Portuguese 1% Ukrainian 1%
Foreign-born
19% · Canada, Vietnam
Languages at home
53% English-only · Spanish 42% Arabic 1% Tagalog/Filipino 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
▼ -118.44%
Current HPI
319.3653
Rent YoY
▲ 0.34%
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

Price history

-33.3% since first listed
6 events — show timeline
  • 2026-04-14 Price Changed $40,000 ARMLS
  • 2025-11-21 Price Changed $43,000 ARMLS
  • 2025-09-23 Price Changed $45,000 ARMLS
  • 2025-08-18 Price Changed $50,000 ARMLS
  • 2025-06-27 Price Changed $57,000 ARMLS
  • 2025-02-01 Listed $60,000 ARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…