903 Granite Dells Rd #10 · Payson, AZ 85541

$59,999

2 bd · 2.0 ba · 720 sqft · Manufactured · 55 Days on market

Built 1974 Est $57k · 5% over ↓ 19% since listing

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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 +5.0/15.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

Key facts

• Lakefront living
• Covered porch
• Functional kitchen

Tags

• LAKEFRONT LIVING
• COVERED PORCH
• PRIVATE BATHROOM
• SCENIC VIEWS
• FUNCTIONAL KITCHEN
• AMPLE STORAGE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $60k.

Deal economics

• At list price, monthly cash flow is $799 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $60k).
• Recommended offer: $58k (3.0% below list) — sets the bar for market timing.
• Cap rate 22.3% vs local median 3.3% in Payson — 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 69/100 on livability (#44 in AZ) — a middle-class / working-renter tenant base. Strengths: housing A, crime B, cost of living B; Watch: schools C-, amenities D-, commute F.
• Payson Unified District (4209) (town): math 20% / reading 32% proficiency, ranked #138 of 249 in AZ (top 55%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 695 active listings in the ZIP; 217 units permitted in Gila County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $415 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Gila County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($58k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts; this cycle's ask has dropped $10k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $58,199 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
5. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
6. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
7. 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.
8. 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.
9. 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: 2.56% ✓
• Cap rate: 22.27%
• Cash-on-cash: 57.05%
• DSCR: 3.54
• GRM: 3.3

CMA / ARV

• ARV (on-the-fly): $56,880
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
903 E Granite Dells Rd #10	0.00mi	2/2.0	720 (0%)	1mo	$57,000	$79	99
705 E Miller Rd Spc 1	0.27mi	1/1.0 (-1)	728 (+1%)	3mo	$50,000	$69	74
903 E Granite Dells Rd #26	0.00mi	2/1.0	800 (+11%)	6mo	$51,700	$65	73
903 E Granite Dells -- #29	0.07mi	2/1.0	784 (+9%)	8mo	$78,000	$99	72
705 E Miller Rd #19	0.26mi	2/1.0	784 (+9%)	9mo	$52,000	$66	61
404 E Bonita St	0.52mi	2/2.0	780 (+8%)	5mo	$165,000	$212	57

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 55.5%
• Equity multiple: 3.45×
• Total profit: $41,167
• Equity at exit: $8,946

10-year hold

• IRR: 60.5%
• Equity multiple: 7.04×
• Total profit: $101,441
• Equity at exit: $5,188

Cash invested: $16,800 (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 85541

• Home prices YoY: -6.6%
• Active inventory: 695
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,536 medium
• Mortgage (P&I): −$315
• Tax est. 1.5%: −$75 /mo · $900/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $799

Break-even live

Break-even rent $525

Max offer price $59,999

Occupancy floor 43%

Sensitivity live

Price	-10% $840	-5% $819	+0% $799	+5% $778	+10% $757
Rent	-10% $677	-5% $738	+0% $799	+5% $859	+10% $920
Rate	-1.0pp $829	-0.5pp $814	base $799	+0.5pp $783	+1.0pp $767

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-05-18
   soldstatus $57,000 Closed 978-char remark

   Show marketing remark (978 chars)

   Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

2. 2026-05-07
   soldstatus $52,000 Closed
3. 2026-04-20
   status Pending

   Show marketing remark (978 chars)

   Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

4. 2026-04-20
   status Pending 978-char remark

   Show marketing remark (978 chars)

   Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

5. 2026-04-10
   status Active

   Show marketing remark (978 chars)

   Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

6. 2026-04-10
   status Active 978-char remark

   Show marketing remark (978 chars)

   Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

7. 2026-04-03
   status Pending 978-char remark

   Show marketing remark (978 chars)

   Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

8. 2026-04-03
   status Pending

   Show marketing remark (978 chars)

   Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

9. 2026-03-28
   price $59,999

   Show marketing remark (978 chars)

   Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

10. 2026-03-28
    price $59,999 978-char remark

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

11. 2026-03-14
    price $63,000

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

12. 2026-03-14
    price $63,000 978-char remark

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

13. 2026-02-28
    status Active

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

14. 2026-02-28
    status Active 978-char remark

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

15. 2026-02-23
    status Pending

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

16. 2026-02-23
    status Pending 978-char remark

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

17. 2026-02-12
    listed $69,999 Active 978-char remark

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

18. 2026-02-12
    listed $69,999 Active

    Show marketing remark (978 chars)

    Wake up to the water at Twin Lakes Mobile Home Park, a welcoming 55+ community set in the heart of Arizona's breathtaking Rim Country. This well-cared-for 2-bedroom, 2-bath home sits right on the lake, offering peaceful views and a serene setting that's hard to find at this price point. Inside, you'll find a bright, comfortable living area that flows into a functional kitchen with ample storage, creating an easy layout for everyday living. Both bedrooms provide cozy retreats, and one bedroom has its own private bathroom. Step out onto the covered porch and enjoy cool mountain evenings overlooking the water—perfect for morning coffee or sunset relaxation. Twin Lakes combines scenic lakefront living with convenience, just minutes from shopping, dining, and medical services. With fishing, hiking, and year-round recreation nearby, this home is ideal as a full-time residence or a low-maintenance getaway an affordable opportunity to live right on a lake in Payson.

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 9/10 Extreme
• 🌡 Heat 4/10 Moderate 6 d/yr ≥97°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: $18,430
• − Mortgage interest: −$3,361
• − Property taxes: −$900
• − Insurance: −$300
• − Repairs & maintenance: −$1,474
• − Management: −$1,474
• − Depreciation: −$1,745
• Taxable income: $9,175
• Est. tax owed @ 24.0%: −$2,202
• After-tax cash flow: $7,382/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: Payson Unified District (4209)
• NCES district ID: 0406070
• Math proficiency: 20% ▼ -21.00%
• Reading proficiency: 32% ▼ -16.00%
• Median HH income: $41,440
• Composite: 22.03/100
• National rank: #8200
• State rank: #138 of 249 in AZ

Livability — Payson

• Score: 69/100
• State rank: #44
• US rank: #8740

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Payson, AZ
• County: Gila County · 23,382 people
• City population: 23,382
• Metro: Payson, AZ
• Population (ZIP): 23,382
• Household income: $66,383
• Rent vs Own: 20.9% rent · 79.1% own
• Severe rent burden: 523.0

Population outlook (Gila County) Hauer SSP2

• Today (2025): 50,229 people
• By 2030: 48,202 · -4.0%
• By 2040: 44,101 · -12.2%
• By 2050: 41,041 · -18.3%
• By 2075: 37,536 · -25.3%
• By 2100: 32,485 · -35.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 11% Two or more races 8% Native American 1%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Portuguese 3% Lithuanian 2% Iranian 2%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 5% German/W. Germanic 1%

Political lean MEDSL · Gila

• 2024 margin: Solid R (+37.6) · D 30.8% · R 68.4%
• 2008→2024 swing: -9.8pp toward R · 2008: -27.8pp · 2024: -37.6pp
• All cycles: 2024: R+37.6 2020: R+34.1 2016: R+32.4 2012: R+26.4 2008: R+27.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -29.47%
• Current HPI: 416.4005
• Rent YoY: —
• Metro: Payson, 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

-18.6% since first listed

18 events — show timeline

• 2026-05-18 Sold (MLS) $57,000 ARMLS
• 2026-05-07 Sold (MLS) $52,000 CAAR
• 2026-04-20 Pending — CAAR
• 2026-04-20 Pending — ARMLS
• 2026-04-10 Relisted — CAAR
• 2026-04-10 Relisted — ARMLS
• 2026-04-03 Pending — ARMLS
• 2026-04-03 Pending — CAAR
• 2026-03-28 Price Changed $59,999 CAAR
• 2026-03-28 Price Changed $59,999 ARMLS
• 2026-03-14 Price Changed $63,000 CAAR
• 2026-03-14 Price Changed $63,000 ARMLS
• 2026-02-28 Relisted — CAAR
• 2026-02-28 Relisted — ARMLS
• 2026-02-23 Pending — CAAR
• 2026-02-23 Pending — ARMLS
• 2026-02-12 Listed $69,999 CAAR
• 2026-02-12 Listed $69,999 ARMLS