1150 W Prince Rd Unit C02 · Tucson, AZ 85705

$34,900

2 bd · 2.0 ba · 1,440 sqft · Manufactured · 17 Days on market

Built 2026 Good condition

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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 +7.5/15.0
• Condition / age +3.8/5.0
• Livability +3.7/5.0
• Rent growth +2.6/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

* THIS IS A RESALE LISTING * Crescent Manor is an active and exciting 55+ Senior Community. Make your dream of home ownership a reality with this 2 bedroom, 2 bathroom double-wide home! With a spacious floor plan and a perfectly designed kitchen area, you will love entertaining guests and spending time with family here. In a community with amenities such as a library, a swimming pool, and a clubhouse, there is something here for everyone to love. This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.

Key facts

• Clubhouse
• Spacious floor plan
• Swimming pool

Tags

• SPACIOUS FLOOR PLAN
• DESIGNED KITCHEN AREA
• LIBRARY
• SWIMMING POOL
• CLUBHOUSE

Property features AI

Finance

• Other: Status: Active
• Financial info: List price: 34900

Exterior

• Utilities: Natural gas heating available
• Home design: Spec inventory new construction; Plan name 92513; Address: 1150 W Prince Rd Unit C02, Tucson AZ 85705

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 2 bathrooms (both full)
• Heating & cooling: Natural gas heating
• Interior features: Living area of 1440 (listed separately under exterior property information)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $35k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $825 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $34k (1.5% below list) — sets the bar for market timing.
• Cap rate 34.7% vs local median 3.7% in Tucson — 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 74/100 on livability (#17 in AZ, #4,502 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety C-, schools D+, crime F.
• Flowing Wells Unified District (4405) (suburban): math 23% / reading 30% proficiency, ranked #143 of 249 in AZ (top 57%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 177 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 5,268 units permitted in Pima County in 2024 (996 in 5+ unit buildings).
• This rent runs 44% of the median local income ($37k/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 $241 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 0.3% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($34k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 5→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $34,376 (1.5% 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 D-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 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: 3.87% ✓
• Cap rate: 34.66%
• Cash-on-cash: 101.30%
• DSCR: 5.51
• GRM: 2.2

CMA / ARV

• ARV (on-the-fly): $187,200
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3833 N Fairview Ave #118	0.27mi	2/2.0	1,440 (0%)	2mo	$76,000	$53	86
3337 N Flowing Wells Rd	0.54mi	3/2.0 (+1)	1,456 (+1%)	12mo	$322,000	$221	58
917 W Siglo Pl	0.58mi	3/2.0 (+1)	1,344 (-7%)	1mo	$235,000	$175	56
3153 N Sioux Ave	0.74mi	2/2.5	1,345 (-7%)	4mo	$159,000	$118	49
1607 W Higgins Ln	0.71mi	3/2.0 (+1)	1,536 (+7%)	8mo	$200,000	$130	44

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 · 0.3% rent growth · sell at horizon

5-year hold

• IRR: 99.4%
• Equity multiple: 5.43×
• Total profit: $43,334
• Equity at exit: $5,204

10-year hold

• IRR: —
• Equity multiple: 10.37×
• Total profit: $91,592
• Equity at exit: $3,018

Cash invested: $9,772 (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 85705

• Rents YoY: 0.3%
• Active inventory: 177
• Price-to-rent: 2.2×

Monthly cashflow live

• Estimated rent: $1,349 high
• Mortgage (P&I): −$183
• Tax est. 1.5%: −$44 /mo · $524/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $825

Break-even live

Break-even rent $305

Max offer price $34,900

Occupancy floor 34%

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: $8,725
• Closing costs: $1,047
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1215 W Roger Rd Unit 1201-01 Tucson, AZ	3.0	1.5	1000	$1,595	$1.59	43d	1	0.35mi
1215 W Roger Rd Unit 1201-13 Tucson, AZ	3.0	1.5	1000	$1,595	$1.59	3d	1	0.35mi
1448 W Kilburn St Tucson, AZ	2.0	1.0	910	$1,350	$1.48	43d	1	0.40mi
1435 W Kilburn St Apt 2102 Tucson, AZ	2.0	2.5	1202	$1,495	$1.24	43d	1	0.41mi
4030 N Fairview Ave Tucson, AZ	3.0	2.0	1500	$1,700	$1.13	43d	1	0.51mi
570 W Prince Rd Tucson, AZ	1.0–2.0	1.0	788	$975	$1.24	43d	13	0.58mi
4111 N Flowing Wells Rd Tucson, AZ	2.0	2.0–2.5	1131	$1,625	$1.44	23d	3	0.59mi
1326 W Hadley St Tucson, AZ	1.0	1.0	900	$725	$0.81	3d	1	0.73mi
156 W Pastime Rd Tucson, AZ	3.0	2.0	1162	$1,535	$1.32	43d	1	1.06mi
352 W Delano St Unit 1 Tucson, AZ	3.0	2.0	939	$1,200	$1.28	3d	1	1.15mi
4190 N Western Winds Dr Tucson, AZ	2.0	1.0	918	$1,349	$1.47	23d	1	1.19mi
4190 N Western Winds Dr Tucson, AZ	2.0	1.0	918	$1,349	$1.47	43d	1	1.19mi
104 W Navajo Rd Tucson, AZ	3.0	2.0	1089	$1,375	$1.26	43d	1	1.20mi
115 W Limberlost Dr Tucson, AZ	1.0–2.0	1.0–2.0	806	$1,350	$1.67	23d	1	1.21mi
3036 N Balboa Ave Unit 1 Tucson, AZ	2.0	1.0	975	$1,100	$1.13	3d	1	1.25mi
3038 N Balboa Ave Unit 1 Tucson, AZ	1.0	1.0	900	$875	$0.97	43d	1	1.26mi
3020 N Balboa Ave Tucson, AZ	3.0	1.0	1100	$1,195	$1.09	3d	1	1.27mi
2 E Navajo Rd Unit 8 Tucson, AZ	1.0	1.0	945	$945	$1.00	16d	1	1.30mi
123 W Delano St Tucson, AZ	2.0	2.0	875	$995	$1.14	43d	1	1.32mi
123 W Delano St Tucson, AZ	2.0	2.0	875	$1,093	$1.25	11d	1	1.32mi
4162 N Thurston Ln #100 Tucson, AZ	3.0	3.0	1700	$1,895	$1.11	2d	1	1.33mi
4170 N Thurston Ln Tucson, AZ	3.0	3.0	1700	$1,999	$1.18	3d	1	1.34mi
4751 N Flowing Wells Rd Tucson, AZ	3.0	3.0	1500	$1,500	$1.00	43d	1	1.34mi
201 W Blacklidge Dr Tucson, AZ	3.0	1.0	1075	$1,669	$1.55	43d	1	1.35mi
224 W Laguna St Unit 1 Tucson, AZ	2.0	1.5	972	$1,275	$1.31	43d	1	1.40mi

Listing history 13 events

1. 2026-06-18
   days on market $34,900 Active 17 DOM
2. 2026-06-17
   days on market $34,900 Active 16 DOM
3. 2026-06-16
   days on market $34,900 Active 15 DOM
4. 2026-06-15
   days on market $34,900 Active 14 DOM
5. 2026-06-13
   days on market $34,900 Active 12 DOM
6. 2026-06-10
   days on market $34,900 Active 9 DOM
7. 2026-06-09
   days on market $34,900 Active 8 DOM
8. 2026-06-08
   days on market $34,900 Active 7 DOM
9. 2026-06-07
   days on market $34,900 Active 6 DOM
10. 2026-06-05
    days on market $34,900 Active 3 DOM
11. 2026-06-03
    days on market $34,900 Active 2 DOM
12. 2026-06-02
    remarks 594-char remark
13. 2026-06-02
    listed $34,900 Active 1 DOM

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 5 d/yr ≥107°F today · 14 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: $16,194
• − Mortgage interest: −$1,955
• − Property taxes: −$524
• − Insurance: −$174
• − Repairs & maintenance: −$1,296
• − Management: −$1,296
• − Depreciation: −$1,015
• Taxable income: $9,935
• Est. tax owed @ 24.0%: −$2,384
• After-tax cash flow: $7,515/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 · 2 photos

Good 75/100 Cosmetic rehab

This manufactured home is in good condition with a good exterior and interior. It is ready for a fresh coat of paint and some maintenance to further enhance its curb appeal and value.

Value-add opportunities

• Both Paint exterior siding — Fresh paint can enhance curb appeal and increase both resale and rental value.
• Both Replace or clean gutters — Clean gutters improve drainage and prevent water damage, enhancing both resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior siding — Fresh paint can enhance curb appeal and increase both resale and rental value. ↑
• Both Replace or clean gutters — Clean gutters improve drainage and prevent water damage, enhancing both resale and rental value. ↑

ⓘ 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: Flowing Wells Unified District (4405)
• NCES district ID: 0403010
• Math proficiency: 23% ▼ -19.00%
• Reading proficiency: 30% ▼ -14.00%
• Median HH income: $33,361
• Composite: 21.69/100
• National rank: #8271
• State rank: #143 of 249 in AZ

Livability — Tucson

• Score: 74/100
• State rank: #17
• US rank: #4502

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tucson, AZ
• County: Pima County · 1,012,107 people
• City population: 839,336
• Metro: Tucson, AZ
• Population (ZIP): 54,700
• Household income: $37,194
• Rent vs Own: 55.1% rent · 44.9% own
• Severe rent burden: 4240.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: Hispanic / Latino 45% White 41% Two or more races 18% Asian 4% Black 3% Native American 3%
• Hispanic origin (detail): Mexican 41%
• Common ancestry: Portuguese 2% Romanian 2% Lithuanian 2%
• Foreign-born: 18% · Canada, China, Vietnam
• Languages at home: 65% English-only · Spanish 30% Chinese 1% Vietnamese 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: ▼ -163.31%
• Current HPI: 283.0647
• Rent YoY: ▲ 0.30%
• 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