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2206 S Ellsworth Rd #1736
B+ Composite 78.36
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
  • Appreciation +5.7/10.0
  • Schools +4.6/10.0
  • Livability +4.0/5.0
  • Condition / age +4.0/5.0
  • Rent growth +2.6/5.0

$49,500

2206 S Ellsworth Rd #1736 · Mesa, AZ 85209
2 bd · 2.0 ba · 750 sqft · SingleFamily · 341 Days on market
Built 2015 Good condition 2,176 sqft lot ↓ 50% since listing

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

Listing remarks MLS

This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

Key facts

  • Clubhouse
  • Swimming pools
  • Split floor plan

Tags

SPLIT FLOOR PLANWALK-IN SHOWERSMODERN KITCHENPET FRIENDLY COMMUNITYSWIMMING POOLSCLUBHOUSE

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/2.0-bath single-family listed at $50k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $1k ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $50k).
  • Recommended offer: $44k (12.0% below list) — sets the bar for market timing.
  • Cap rate 31.2% vs local median 3.4% in Mesa — 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 79/100 on livability (#6 in AZ, #2,034 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime D.
  • Gilbert Unified District (4239) (suburban): math 49% / reading 52% proficiency, ranked #38 of 249 in AZ (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
  • Market conditions: Rents flat; 171 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).

Forward outlook

  • In year one you build about $1k of equity ($342 loan paydown + $713 appreciation (1.4% local appreciation)).
  • Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (1.4% appreciation + 0.5% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 341 days — a 12% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 3y ago; this cycle's ask has dropped $26k (34%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $43,560 (12.0% below list)

Questions for the listing agent

  1. It's been on market 341 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
3.51%
Cap rate
31.24%
Cash-on-cash
89.09%
DSCR
4.96
GRM
2.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.44% appreciation · 0.54% rent growth · sell at horizon

5-year hold
IRR
89.8%
Equity multiple
5.57×
Total profit
$63,369
Equity at exit
$18,042
10-year hold
IRR
89.7%
Equity multiple
10.66×
Total profit
$133,940
Equity at exit
$24,887

Cash invested: $13,860 (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 85209

Home prices YoY
0.5%
Rents YoY
0.5%
Active inventory
171
Price-to-rent
2.4×

Monthly cashflow live

Estimated rent
$1,736 high interval (Pro) →
Mortgage (P&I)
$260
Tax est. 1.5%
$62 /mo · $742/yr
Insurance
$21
HOA
$0
Vacancy / Maint / Mgmt
$364
Net cashflow
$1,029

Break-even live

Break-even rent $433
Max offer price $49,500
Occupancy floor 36%

Sensitivity live

Price -10% $1,063 -5% $1,046 +0% $1,029 +5% $1,012 +10% $995
Rent -10% $892 -5% $960 +0% $1,029 +5% $1,098 +10% $1,166
Rate -1.0pp $1,054 -0.5pp $1,042 base $1,029 +0.5pp $1,016 +1.0pp $1,003

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
$12,375
Closing costs
$1,485
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 16 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2206 S Ellsworth Rd Unit 101B Mesa, AZ 2.0 2.0 924 $1,555 $1.68 44d 1 0.14mi
2206 S Ellsworth Rd Unit 3B Mesa, AZ 2.0 2.0 976 $1,606 $1.65 16d 1 0.14mi
2206 S Ellsworth Rd Unit 94B Mesa, AZ 2.0 2.0 924 $3,702 $4.01 25d 1 0.14mi
9335 E Baseline Rd Mesa, AZ 1.0–3.0 1.0–2.0 1162 $1,717 $1.48 2d 14 0.27mi
8865 E Baseline Rd #405 Mesa, AZ 2.0 1.5 619 $1,900 $3.07 44d 1 0.31mi
8865 E Baseline Rd #1129 Mesa, AZ 2.0 2.0 748 $3,200 $4.28 6d 1 0.39mi
8865 E Baseline Rd #300 Mesa, AZ 1.0 1.0 764 $2,000 $2.62 19d 1 0.39mi
8865 E Baseline Rd #1028 Mesa, AZ 2.0 1.0 1028 $1,500 $1.46 44d 1 0.49mi
9233 E Neville Ave Mesa, AZ 2.0–3.0 2.0 1142 $1,575 $1.38 16d 3 0.60mi
9233 E Neville Ave Mesa, AZ 2.0–3.0 2.0 1145 $1,575 $1.37 25d 1 0.60mi
9233 E Neville Ave #1088 Mesa, AZ 3.0 2.0 1057 $1,850 $1.75 6d 1 0.65mi
8915 E Guadalupe Rd Mesa, AZ 1.0 1.0 616 $1,164 $1.89 44d 1 0.95mi
8915 E Guadalupe Rd Mesa, AZ 2.0 2.0 1054 $1,390 $1.32 25d 1 0.95mi
8915 E Guadalupe Rd Mesa, AZ 2.0–3.0 2.0 971 $1,390 $1.43 4d 11 0.95mi
8433 E Guadalupe Rd Mesa, AZ 1.0–3.0 1.0–2.0 936 $2,772 $2.96 2d 1 1.28mi
2064 S Farnsworth Dr #25 Mesa, AZ 2.0 2.0 1011 $1,595 $1.58 22d 1 1.49mi

Listing history 25 events

  1. 2026-06-04
    days on market $49,500 Active 341 DOM
  2. 2026-06-03
    days on market $49,500 Active 340 DOM
  3. 2026-06-02
    days on market $49,500 Active 339 DOM
  4. 2026-06-01
    days on market $49,500 Active 338 DOM
  5. 2026-05-31
    days on market $49,500 Active 337 DOM
  6. 2026-04-16
    price $49,500 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  7. 2026-04-03
    price $57,500 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  8. 2025-12-29
    price $62,000 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  9. 2025-12-05
    price $65,000 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  10. 2025-11-06
    price $67,000 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  11. 2025-10-31
    price $68,000 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  12. 2025-10-27
    price $68,500 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  13. 2025-10-09
    price $69,999 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  14. 2025-08-27
    price $73,000 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  15. 2025-06-28
    listed $75,000 Active 648-char remark
    Show marketing remark (648 chars)

    This home is in a premiere age-qualified resort with a plethora of amenities including 3 beautiful swimming pools, 8 lighted tennis courts, a softball field, a putting green, and so, so much more. You're not just buying a home; you're buying a lifestyle! With this recently updated 2015 home you'll have 2 bedrooms, 2 baths in a split floor plan, modern white appliances, vinyl plank flooring throughout and a stacked washer and dryer. Great shopping and dining within 2-3 miles, easy access to Loop 202 or I-60, and 30 mins to Sky Harbor Airport Canyon Lake, or the Renaissance Festival. Seller is owner/agent and may carry, reach out for details.

  16. 2024-09-24
    historical
  17. 2024-07-19
    price $99,000
  18. 2024-06-28
    price $118,000
  19. 2024-06-07
    price $118,500
  20. 2024-05-09
    listed $135,000 Active
  21. 2024-04-27
    historical
  22. 2024-04-04
    listed $90,000 Active
  23. 2023-08-21
    historical
  24. 2023-08-21
    historical
  25. 2023-06-29
    listed $99,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,826
− Mortgage interest
−$2,773
− Property taxes
−$742
− Insurance
−$248
− Repairs & maintenance
−$1,666
− Management
−$1,666
− Depreciation
−$1,440
Taxable income
$12,291
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,950
After-tax cash flow
$9,398/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 home is in good condition with a well-maintained exterior and interior. It has a good curb appeal and is ready for a fresh coat of paint to enhance its value.

Value-add opportunities

  • Resale Paint the exterior — A fresh coat of paint can significantly enhance the curb appeal and value of the home.
  • Both Landscaping improvements — Enhancing the landscaping can improve both the resale and rental value of the home.
  • Rental Replace worn-out appliances — Upgrading the appliances can attract renters and increase rental income.

Renovation cost estimate screening

Value-add ROI direction

  • Resale Paint the exterior — A fresh coat of paint can significantly enhance the curb appeal and value of the home.
  • Both Landscaping improvements — Enhancing the landscaping can improve both the resale and rental value of the home.
  • Rental Replace worn-out appliances — Upgrading the appliances can attract renters and increase rental income.

ⓘ 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
Gilbert Unified District (4239)
NCES district ID
0403400
Math proficiency
49% ▼ -8.00%
Reading proficiency
52% ▼ -7.00%
Median HH income
$74,715
Composite
45.55/100
National rank
#2600
State rank
#38 of 249 in AZ

Livability — Mesa

Score
79/100
State rank
#6
US rank
#2034

Category grades

Amenities A+ Commute A+ Cost of living C+ 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
Mesa, AZ
County
Maricopa County · 4,537,380 people
City population
555,266
Metro
Phoenix-Mesa-Chandler, AZ
Population (ZIP)
43,150
Household income
$84,432
Rent vs Own
26.9% rent · 73.1% own
Severe rent burden
972.0

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
Predominantly White (72%)
Race & ethnicity
White 72% Hispanic / Latino 15% Two or more races 9% Black 4% Asian 3%
Hispanic origin (detail)
Mexican 11%
Common ancestry
Portuguese 4% Romanian 3% Lithuanian 3%
Foreign-born
9% · Canada, China, Vietnam
Languages at home
87% English-only · Spanish 9% Tagalog/Filipino 1% Chinese 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
▲ 1.44%
Current HPI
277.6198
Rent YoY
▲ 0.54%
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

-50.0% since first listed
20 events — show timeline
  • 2026-04-16 Price Changed $49,500 ARMLS
  • 2026-04-03 Price Changed $57,500 ARMLS
  • 2025-12-29 Price Changed $62,000 ARMLS
  • 2025-12-05 Price Changed $65,000 ARMLS
  • 2025-11-06 Price Changed $67,000 ARMLS
  • 2025-10-31 Price Changed $68,000 ARMLS
  • 2025-10-27 Price Changed $68,500 ARMLS
  • 2025-10-09 Price Changed $69,999 ARMLS
  • 2025-08-27 Price Changed $73,000 ARMLS
  • 2025-06-28 Listed $75,000 ARMLS
  • 2024-09-24 Listing Removed ARMLS
  • 2024-07-19 Price Changed $99,000 ARMLS
  • 2024-06-28 Price Changed $118,000 ARMLS
  • 2024-06-07 Price Changed $118,500 ARMLS
  • 2024-05-09 Listed $135,000 ARMLS
  • 2024-04-27 Listing Removed ARMLS
  • 2024-04-04 Listed $90,000 ARMLS
  • 2023-08-21 Rental Removed ARMLS
  • 2023-08-21 Listing Removed ARMLS
  • 2023-06-29 Listed $99,000 ARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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