3901 E Pinnacle Peak Rd #76 · Phoenix, AZ 85050

$139,000

3 bd · 2.0 ba · 1,352 sqft · Manufactured · 41 Days on market

Built 1996 Good condition $103/sqft · 6% below area Est $148k · 6% under ↓ 7% 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
• ARV discount +10.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Condition / age +4.0/5.0
• Schools +3.8/10.0
• Livability +3.8/5.0
• Rent growth +3.0/5.0
• Appreciation +0.0/10.0

Listing remarks

Discover this 3-bedroom, 2-bath home featuring a bright, open design and a desirable split floor plan. The remodeled kitchen is a chef's dream, complete with new appliances, stone countertops & modern pull-out cabinets for effortless organization. Step outside to find the large screened patio perfect for seamless indoor-outdoor living. The spacious backyard, secured by a private 6ft block wall, offers a blank canvas with endless potential to create your own personal oasis. This 55+ park has a 9 hole executive golf course, 24/7 manned guard gate, heated pool/spa, pickleball, horse shoes, basketball and a Frank Lloyd Wright designed clubhouse with ample activities available. Additionall

Key facts

• 4 parking spots
• Community pool
• Built 1996

Property features AI

Finance

• Other: Association fee includes other items (see remarks)
• Financial info: Land lease amount: monthly fee applies
• HOA & community: Land lease (monthly); Monthly land lease payment; Association rules prohibit visible trucks, trailers, RVs, and boats; Community pool; Community spa (heated); Golf; Pickleball courts

Exterior

• Parking: 2 covered parking spaces; 2 open parking spaces; 2 carport spaces
• Security: Gated community with guarded entry
• Utilities: City water; Sewer: other
• Home design: Manufactured/Mobile home; Leasehold ownership
• Construction: Wood siding; Wood frame construction; Composition roof
• Exterior features: Heated spa; Shed(s); Block fencing; Gravel/stone front and back; Private maintained road

Interior

• Kitchen: Built-in microwave; Non-laminate counters; Refrigerator; Dishwasher; Disposal
• Bedrooms: Up to 3 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Ceiling fan(s); Has heating and cooling
• Interior features: Double vanity in bathroom; No interior steps; Full bath in primary bedroom; Skylight(s)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $139k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $2k ($24k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $139k).
• Recommended offer: $135k (3.0% below list) — sets the bar for market timing.
• Cap rate 23.4% vs local median 3.3% in Phoenix — 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 75/100 on livability (#16 in AZ, #3,924 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A+; Watch: health & safety C-, crime F.
• Paradise Valley Unified District (4241) (urban): math 39% / reading 46% proficiency, ranked #56 of 249 in AZ (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.0%/yr); 218 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).
• This rent runs 32% of the median local income ($140k/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 $961 of loan paydown is wiped out by about $4k 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 + 2.0% rent growth), your $39k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($135k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,830 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F 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?
4. 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.
5. 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.
6. 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: 2.68% ✓
• Cap rate: 23.42%
• Cash-on-cash: 61.15%
• DSCR: 3.72
• GRM: 3.1

CMA / ARV

• ARV (median comp): $148,500
• List price: $139,000
• Delta: -6.40%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3901 E Pinnacle Peak Rd #108	0.00mi	3/2.0	1,248 (-8%)	1mo	$132,000	$106	86
3901 E Pinnacle Peak Rd #109	0.07mi	2/2.0 (-1)	1,400 (+4%)	1mo	$130,000	$93	85
3901 E Pinnacle Peak Rd #240	0.00mi	3/2.0	1,456 (+8%)	3mo	$152,500	$105	85
3901 E Pinnacle Peak Rd #323	0.07mi	2/2.0 (-1)	1,296 (-4%)	4mo	$159,000	$123	81
3901 E Pinnacle Peak Rd #67	0.07mi	2/2.0 (-1)	1,316 (-3%)	8mo	$172,000	$131	81
3901 E Pinnacle Peak Rd #4	0.07mi	3/2.0	1,456 (+8%)	4mo	$179,000	$123	81
3901 E Pinnacle Peak Rd #250	0.07mi	2/2.0 (-1)	1,248 (-8%)	3mo	$152,000	$122	77
3901 E Pinnacle Peak Rd #193	0.07mi	2/2.0 (-1)	1,400 (+4%)	11mo	$175,000	$125	77
3901 E Pinnacle Peak Rd #39	0.07mi	3/2.0	1,250 (-8%)	10mo	$158,000	$126	76
3901 E Pinnacle Peak Rd #329	0.07mi	2/2.0 (-1)	1,486 (+10%)	10mo	$83,000	$56	67
3901 E Pinnacle Peak Rd #65	0.00mi	2/2.0 (-1)	1,534 (+14%)	7mo	$207,000	$135	66
3901 E Pinnacle Peak Rd #339	0.05mi	2/2.0 (-1)	1,550 (+15%)	4mo	$170,000	$110	65

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 · 1.98% rent growth · sell at horizon

5-year hold

• IRR: 58.8%
• Equity multiple: 3.57×
• Total profit: $100,070
• Equity at exit: $20,725

10-year hold

• IRR: 63.3%
• Equity multiple: 7.03×
• Total profit: $234,810
• Equity at exit: $12,018

Cash invested: $38,920 (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 85050

• Home prices YoY: -21.9%
• Rents YoY: 2.0%
• Active inventory: 218
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $3,727 high
• Mortgage (P&I): −$729
• Tax est. 1.5%: −$174 /mo · $2,085/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$783
• Net cashflow: $1,983

Break-even live

Break-even rent $1,216

Max offer price $139,000

Occupancy floor 42%

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3935 E Rough Rider Rd Phoenix, AZ	2.0	2.5–3.0	1490	$4,750	$3.19	43d	2	0.70mi
3935 E Rough Rider Rd Phoenix, AZ	2.0	2.5	1383	$4,350	$3.15	17d	2	0.70mi
3935 E Rough Rider Rd Phoenix, AZ	2.0–3.0	2.5	1405	$6,000	$4.27	18d	3	0.70mi
4066 E Melinda Ln Phoenix, AZ	3.0	2.5	1269	$3,500	$2.76	43d	1	1.02mi
4211 E Kirkland Rd Phoenix, AZ	4.0	2.0	1828	$5,000	$2.74	43d	1	1.08mi
4211 E Kirkland Rd Phoenix, AZ	4.0	2.0	1828	$10,000	$5.47	24d	1	1.08mi
4517 E Melinda Ln Phoenix, AZ	3.0	2.0	1663	$3,100	$1.86	14d	1	1.35mi
4509 E Lone Cactus Dr Phoenix, AZ	3.0	2.0	1663	$4,500	$2.71	43d	1	1.36mi
21624 N 46th Pl Phoenix, AZ	3.0	2.0	1540	$3,200	$2.08	5d	1	1.41mi
4632 E Mossman Rd Phoenix, AZ	3.0	2.0	1519	$3,800	$2.50	43d	1	1.41mi
3626 E Potter Dr Phoenix, AZ	3.0	2.0	1519	$2,500	$1.65	24d	1	1.44mi
3706 E Potter Dr Phoenix, AZ	4.0	2.0	1782	$2,550	$1.43	24d	1	1.45mi
3706 E Potter Dr Phoenix, AZ	4.0	2.0	1782	$2,550	$1.43	22d	1	1.45mi
20729 N 37th Way Phoenix, AZ	3.0	2.0	1670	$3,000	$1.80	15d	1	1.46mi
4726 E Mossman Rd Phoenix, AZ	3.0	2.5	1610	$2,500	$1.55	7d	1	1.46mi
4723 E Weaver Rd Phoenix, AZ	3.0	2.0	1663	$2,595	$1.56	14d	1	1.48mi
20660 N 40th St Phoenix, AZ	2.0–3.0	2.0	1325	$3,500	$2.64	18d	4	1.49mi

Listing history 15 events

1. 2026-06-18
   days on market $139,000 Active 41 DOM
2. 2026-06-17
   days on market $139,000 Active 40 DOM
3. 2026-06-16
   days on market $139,000 Active 39 DOM
4. 2026-06-15
   days on market $139,000 Active 38 DOM
5. 2026-06-13
   days on market $139,000 Active 36 DOM
6. 2026-06-13
   days on market $139,000 Active 35 DOM
7. 2026-06-09
   pricedays on market $139,000 Active 32 DOM
8. 2026-06-08
   days on market $149,500 Active 31 DOM
9. 2026-06-07
   days on market $149,500 Active 30 DOM
10. 2026-06-04
    days on market $149,500 Active 27 DOM
11. 2026-06-03
    days on market $149,500 Active 26 DOM
12. 2026-06-02
    days on market $149,500 Active 25 DOM
13. 2026-06-01
    days on market $149,500 Active 24 DOM
14. 2026-05-31
    days on market $149,500 Active 23 DOM
15. 2026-05-08
    listed $149,500 Active 775-char remark

ⓘ 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 8/10 Severe 7 d/yr ≥110°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $44,719
• − Mortgage interest: −$7,786
• − Property taxes: −$2,085
• − Insurance: −$695
• − Repairs & maintenance: −$3,578
• − Management: −$3,578
• − Depreciation: −$4,044
• Taxable income: $22,954
• Est. tax owed @ 24.0%: −$5,509
• After-tax cash flow: $18,292/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 · 14 photos

Good 80/100 Cosmetic rehab

This 3-bedroom, 2-bath home features a bright, open design and a desirable split floor plan. The remodeled kitchen is a chef's dream, complete with new appliances, stone countertops & modern pull-out cabinets for effortless organization. The spacious backyard, secured by a private 6ft block wall, offers a blank canvas with endless potential to create your own personal oasis.

Value-add opportunities

• Both Paint interior walls — Neutral paint can be refreshed to enhance curb appeal and interior aesthetics
• Both Replace ceiling fans with modern fixtures — Modern fans can improve airflow and aesthetics
• Both Install smart home devices — Smart home devices can increase convenience and property value
• Both Add smart thermostat — Smart thermostat can improve energy efficiency and comfort
• Both Add smart lighting — Smart lighting can improve energy efficiency and aesthetics

Renovation cost estimate screening

Value-add ROI direction

• Both Paint interior walls — Neutral paint can be refreshed to enhance curb appeal and interior aesthetics ↑
• Both Replace ceiling fans with modern fixtures — Modern fans can improve airflow and aesthetics ↑
• Both Install smart home devices — Smart home devices can increase convenience and property value ↑
• Both Add smart thermostat — Smart thermostat can improve energy efficiency and comfort ↑
• Both Add smart lighting — Smart lighting can improve energy efficiency 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: Paradise Valley Unified District (4241)
• NCES district ID: 0405930
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 46% ▼ -7.00%
• Median HH income: $64,106
• Composite: 37.89/100
• National rank: #4316
• State rank: #56 of 249 in AZ

Livability — Phoenix

• Score: 75/100
• State rank: #16
• US rank: #3924

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Phoenix, AZ
• County: Maricopa County · 4,537,380 people
• City population: 1,500,198
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 33,118
• Household income: $139,836
• Rent vs Own: 20.9% rent · 79.1% own
• Severe rent burden: 432.0

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 (71%)
• Race & ethnicity: White 71% Hispanic / Latino 11% Two or more races 11% Asian 9% Black 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Romanian 5% Italian 4% Lithuanian 3%
• Foreign-born: 15% · Canada, China, Vietnam
• Languages at home: 82% English-only · Spanish 6% Other Indo-European 5% Other Asian/Pacific 2%

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: ▼ -86.38%
• Current HPI: 308.7483
• Rent YoY: ▲ 1.98%
• 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
▸Technology	2	$13B
▸Mining / Metals	1	$23B
▸Environmental Services	1	$16B
▸Metals / Steel	1	$14B
▸Technology Distribution	1	$9B
▸Homebuilding	1	$8B

Price history

-7.0% since first listed

2 events — show timeline

• 2026-06-09 Price Changed $139,000 ARMLS
• 2026-05-08 Listed $149,500 ARMLS