7261 N Van Ark Rd · Picture Rocks, AZ 85743

$190,000

2 bd · 2.0 ba · 1,152 sqft · Manufactured · 24 Days on market

Built 1993 2.02 ac lot Est $217k · 12% under

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Why this score? — see what drove the C- 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 +20.1/30.0
• ARV discount +13.0/15.0
• DSCR +6.4/10.0
• 1% rule +4.0/10.0
• Schools +3.1/10.0
• Livability +2.8/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Set on 2 acres with beautiful mountain views, this unique property offers incredible potential just off a paved road for easy access. Featuring two manufactured homes, one affixed and one non affixed, both ready for a little TLC, this is a prime opportunity for investors or buyers looking to create value. The property also includes owned solar, adding long term energy savings and appeal. With space, views, and versatility, this is a rare chance to transform a property into something special.

Key facts

• Easy access
• Owned solar
• Mountain views

Tags

• MOUNTAIN VIEWS
• OWNED SOLAR
• TWO MANUFACTURED HOMES
• EASY ACCESS

Property features AI

Finance

• Other: Large lot with east/west exposure; Dirt road access; Zoned Pima County - GR1

Exterior

• Parking: Covered parking for 2 vehicles; 2-car carport; Circular driveway; On-site storage
• Security: Smoke detectors; Carbon monoxide detectors
• Utilities: Water from a water company; Septic tank
• Home design: Manufactured home; One story; Energy Medallion model; Fixer condition; Faces east
• Construction: Built-up reflective roof
• Exterior features: Covered, screened and enclosed patio/porch; Wire fencing; Shed(s) and workshop; Additional carport

Interior

• Kitchen: Refrigerator; Freezer; Gas range; Microwave; Dishwasher not listed
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Propane heating; Central air conditioning; Evaporative cooling
• Interior features: Smoke and carbon monoxide detectors; Exhaust fan; Disposal; Warming drawer
• Laundry & utility: Laundry closet with washer and dryer; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $190k.

Deal economics

• At list price, monthly cash flow is $236 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $171k (10.1% below list).
• Recommended offer: $171k (10.1% below list) — sets the bar for 1% rule.
• Cap rate 7.8% vs local median 5.7% in Picture Rocks — 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 55/100 on livability (#261 in AZ) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D, amenities F.
• Marana Unified District (4404) (suburban): math 31% / reading 37% proficiency, ranked #83 of 249 in AZ (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Marana Middle School (math 24% / reading 30%, grade F, #97 of 218 statewide, top 45%, 907 students, 44% FRL); Marana High School (math 21% / reading 24%, grade F, #210 of 381 statewide, top 55%, 2,379 students, 36% FRL).
• Market conditions: Rents flat; 236 active listings in the ZIP; solid renter incomes; 5,268 units permitted in Pima County in 2024 (996 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Pima County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($187k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $170,790 (10.1% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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?
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: 0.90% ✗
• Cap rate: 7.78%
• Cash-on-cash: 5.31%
• DSCR: 1.24
• GRM: 9.3

CMA / ARV

• ARV (on-the-fly): $216,576
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7295 N Desert Post Ln	0.21mi	3/2.0 (+1)	1,232 (+7%)	2mo	$245,000	$199	72
7585 N Shaggy Tree Ln	0.44mi	2/2.0	1,152 (0%)	18mo	$173,900	$151	64
10450 W Anthony Dr	0.47mi	3/2.0 (+1)	1,144 (-1%)	17mo	$108,500	$95	58
10325 W Anthony Dr	0.38mi	3/2.0 (+1)	1,232 (+7%)	20mo	$232,000	$188	50

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 · 0.47% rent growth · sell at horizon

5-year hold

• IRR: -10.6%
• Equity multiple: 0.62×
• Total profit: $-20,121
• Equity at exit: $28,330

10-year hold

• IRR: -4.8%
• Equity multiple: 0.72×
• Total profit: $-15,135
• Equity at exit: $16,428

Cash invested: $53,200 (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.

Methodology + full state rankings →

ZIP-level market 85743

• Home prices YoY: -26.1%
• Rents YoY: 0.5%
• Active inventory: 236
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,708 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$38 /mo · $457/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $236

Break-even live

Break-even rent $1,410

Max offer price $190,000

Occupancy floor 81%

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-18
   days on market $190,000 Active 24 DOM
2. 2026-06-17
   days on market $190,000 Active 23 DOM
3. 2026-06-16
   days on market $190,000 Active 22 DOM
4. 2026-06-15
   days on market $190,000 Active 21 DOM
5. 2026-06-13
   days on market $190,000 Active 19 DOM
6. 2026-06-13
   days on market $190,000 Active 18 DOM
7. 2026-06-10
   days on market $190,000 Active 16 DOM
8. 2026-06-09
   days on market $190,000 Active 15 DOM
9. 2026-06-08
   days on market $190,000 Active 14 DOM
10. 2026-06-07
    days on market $190,000 Active 13 DOM
11. 2026-06-05
    days on market $190,000 Active 10 DOM
12. 2026-06-03
    days on market $190,000 Active 9 DOM
13. 2026-06-02
    days on market $190,000 Active 8 DOM
14. 2026-06-01
    days on market $190,000 Active 7 DOM
15. 2026-05-31
    days on market $190,000 Active 6 DOM
16. 2026-05-25
    listed $190,000 Active

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

Tax reassessment forecast AZ · Resets to sale price

• Current annual tax: $457 · $38/mo
• Projected year-2 tax: $1,254 · $104/mo
• Expected delta: +$797/yr (+$66/mo · 174.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 6 d/yr ≥108°F today · 17 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: $20,495
• − Mortgage interest: −$10,643
• − Property taxes: −$457
• − Insurance: −$950
• − Repairs & maintenance: −$1,640
• − Management: −$1,640
• − Depreciation: −$5,527
• Taxable loss: −$362
• Est. tax savings @ 24.0%: +$87
• After-tax cash flow: $2,914/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: Marana Unified District (4404)
• NCES district ID: 0404630
• Math proficiency: 31% ▼ -11.00%
• Reading proficiency: 37% ▼ -5.00%
• Median HH income: $65,282
• Composite: 30.96/100
• National rank: #6103
• State rank: #83 of 249 in AZ

Livability — Picture Rocks

• Score: 55/100
• State rank: #261
• US rank: #23370

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Picture Rocks, AZ
• County: Pima County · 1,012,107 people
• Metro: Tucson, AZ
• Population (ZIP): 31,300
• Household income: $90,093
• Rent vs Own: 13.7% rent · 86.3% own
• Severe rent burden: 378.0

Population outlook (Pima County) Hauer SSP2

• Today (2025): 1,066,056 people
• By 2030: 1,086,684 · +1.9%
• By 2040: 1,117,160 · +4.8%
• By 2050: 1,149,778 · +7.9%
• By 2075: 1,271,480 · +19.3%
• By 2100: 1,321,160 · +23.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 25% Two or more races 15% Asian 5% Black 2%
• Hispanic origin (detail): Mexican 21%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 9% · Canada, China, Vietnam
• Languages at home: 85% English-only · Spanish 9% Chinese 1% Tagalog/Filipino 1%

Political lean MEDSL · Pima

• 2024 margin: D (+15.2) · D 57.0% · R 41.8% · Other 1.2%
• 2008→2024 swing: +9.1pp toward D · 2008: 6.1pp · 2024: 15.2pp
• All cycles: 2024: D+15.2 2020: D+18.7 2016: D+13.5 2012: D+5.8 2008: D+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -95.76%
• Current HPI: 271.2845
• Rent YoY: ▲ 0.47%
• Metro: Tucson, 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

1 event — show timeline

• 2026-05-25 Listed $190,000 MLSSAZ

Property tax history

-1.0%/yr

Latest (2025): $457 · +2.6% YoY. Source: county tax records.