2548 E Logan Rd · Fort Mohave, AZ 86426

$224,900

3 bd · 2.0 ba · 1,245 sqft · Manufactured public records · 14 Days on market

Built 1995 6,970 sqft lot Est $243k · 7% under $28/mo HOA · 2% of rent

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Why this score? — see what drove the D 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 +15.7/30.0
• ARV discount +10.8/15.0
• DSCR +4.8/10.0
• Livability +3.2/5.0
• 1% rule +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Live Fort Mohave, AZ ~ Move in ready home in desirable Sunrise Vistas Community. This adorable, well kept and updated 1,245 sq ft home has 2 bedroom plus a den and 2 baths. This home has a semi open floor plan with vaulted ceilings, ceiling fans, window shutters, new flooring and fresh paint. Large kitchen has a breakfast bar, pot shelves, gas stove, newer dishwasher, and ample cupboard space. Master bedroom has a large closet and master bath has dual sinks, garden tub, and seperate shower. In house laundry room has gas dryer hook up. Detached garage has a nice loft area for added storage. Fenced Yard has desert landscaping for easy maintenance. Community amenities include: 2 pools, basketball court, clubhouse, and dog park like area to walk your four legged babies. This home won't last long so make an appointment to see it today.

Key facts

• Paid off solar
• Furnace replaced
• Windows replaced

Tags

• PAID OFF SOLAR
• ROOF REPLACED
• WINDOWS REPLACED
• FURNACE REPLACED
• BREAKFAST BAR
• LG STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $225k.

Deal economics

• At list price, monthly cash flow is $97 ($1k/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 $183k (18.6% below list).
• Recommended offer: $183k (18.6% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 4.2% in Fort Mohave — 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 65/100 on livability (#88 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, health & safety C-, crime D+.
• Colorado River Union High School District (4381) (town): math 13% / reading 17% proficiency, ranked #213 of 249 in AZ (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 376 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,543 units permitted in Mohave County in 2024 (33 in 5+ unit buildings).
• This rent runs 34% of the median local income ($65k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Mohave County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $145k; list at $225k implies a 55% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 6→13/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $183,174 (18.6% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.81% ✗
• Cap rate: 6.81%
• Cash-on-cash: 1.86%
• DSCR: 1.08
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $242,775
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4388 S Amanda Ave	0.14mi	3/2.0	1,246 (+0%)	4mo	$265,000	$213	90
2567 E Jared Dr	0.10mi	3/2.0	1,181 (-5%)	1mo	$232,500	$197	86
2604 E Sunrise Vista Blvd	0.10mi	3/2.0	1,190 (-4%)	2mo	$225,000	$189	86
2540 E Logan Rd	0.02mi	3/2.0	1,231 (-1%)	14mo	$229,000	$186	86
2568 E Spunkmeyer Way	0.11mi	3/2.0	1,176 (-6%)	1mo	$265,000	$225	84
2572 E Sunrise Vista Blvd	0.06mi	3/2.0	1,355 (+9%)	1mo	$110,000	$81	82
2612 E Sunrise Vista Blvd	0.12mi	2/2.0 (-1)	1,306 (+5%)	2mo	$254,900	$195	80
4485 S Susan Cir	0.19mi	3/2.0	1,169 (-6%)	2mo	$227,000	$194	79
2656 E Sunrise Vista Blvd	0.20mi	2/2.0 (-1)	1,153 (-7%)	9mo	$230,000	$199	66
4287 S Otis Rd	0.22mi	2/2.0 (-1)	1,102 (-12%)	9mo	$159,000	$144	58
4263 S Tamara Ter	0.26mi	3/2.0	1,394 (+12%)	12mo	$263,000	$189	58
2674 E Vicki Ave	0.36mi	3/2.0	1,067 (-14%)	10mo	$215,000	$201	52

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: -13.4%
• Equity multiple: 0.52×
• Total profit: $-30,334
• Equity at exit: $33,533

10-year hold

• IRR: -4.6%
• Equity multiple: 0.70×
• Total profit: $-18,820
• Equity at exit: $19,445

Cash invested: $62,972 (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 86426

• Home prices YoY: -5.2%
• Active inventory: 376
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,832 medium
• Mortgage (P&I): −$1,179
• Tax from tax record: −$49 /mo · $582/yr
• Insurance: −$94
• HOA: −$28
• Vacancy / Maint / Mgmt: −$385
• Net cashflow: $97

Break-even live

Break-even rent $1,708

Max offer price $224,900

Occupancy floor 90%

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: $56,225
• Closing costs: $6,747
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4072 S Cassidy Dr Fort Mohave, AZ	2.0	2.0	1140	$1,550	$1.36	13d	1	1.20mi

HOA detail

• Monthly dues: $28 · $336/yr
• Likely covers: gaslandscapingpool

Listing history 8 events

1. 2026-04-25
   status Pending
2. 2026-04-11
   listed $224,900 Active
3. 2020-09-14
   soldstatus $145,000 844-char remark

   Show marketing remark (844 chars)

   Live Fort Mohave, AZ ~ Move in ready home in desirable Sunrise Vistas Community. This adorable, well kept and updated 1,245 sq ft home has 2 bedroom plus a den and 2 baths. This home has a semi open floor plan with vaulted ceilings, ceiling fans, window shutters, new flooring and fresh paint. Large kitchen has a breakfast bar, pot shelves, gas stove, newer dishwasher, and ample cupboard space. Master bedroom has a large closet and master bath has dual sinks, garden tub, and seperate shower. In house laundry room has gas dryer hook up. Detached garage has a nice loft area for added storage. Fenced Yard has desert landscaping for easy maintenance. Community amenities include: 2 pools, basketball court, clubhouse, and dog park like area to walk your four legged babies. This home won't last long so make an appointment to see it today.

4. 2020-09-14
   soldstatus $145,000

   Show marketing remark (844 chars)

   Live Fort Mohave, AZ ~ Move in ready home in desirable Sunrise Vistas Community. This adorable, well kept and updated 1,245 sq ft home has 2 bedroom plus a den and 2 baths. This home has a semi open floor plan with vaulted ceilings, ceiling fans, window shutters, new flooring and fresh paint. Large kitchen has a breakfast bar, pot shelves, gas stove, newer dishwasher, and ample cupboard space. Master bedroom has a large closet and master bath has dual sinks, garden tub, and seperate shower. In house laundry room has gas dryer hook up. Detached garage has a nice loft area for added storage. Fenced Yard has desert landscaping for easy maintenance. Community amenities include: 2 pools, basketball court, clubhouse, and dog park like area to walk your four legged babies. This home won't last long so make an appointment to see it today.

5. 2020-08-17
   listed $145,000 844-char remark

   Show marketing remark (844 chars)

   Live Fort Mohave, AZ ~ Move in ready home in desirable Sunrise Vistas Community. This adorable, well kept and updated 1,245 sq ft home has 2 bedroom plus a den and 2 baths. This home has a semi open floor plan with vaulted ceilings, ceiling fans, window shutters, new flooring and fresh paint. Large kitchen has a breakfast bar, pot shelves, gas stove, newer dishwasher, and ample cupboard space. Master bedroom has a large closet and master bath has dual sinks, garden tub, and seperate shower. In house laundry room has gas dryer hook up. Detached garage has a nice loft area for added storage. Fenced Yard has desert landscaping for easy maintenance. Community amenities include: 2 pools, basketball court, clubhouse, and dog park like area to walk your four legged babies. This home won't last long so make an appointment to see it today.

6. 2015-06-10
   soldstatus $84,900
7. 2014-03-04
   soldstatus $74,000
8. 1994-11-18
   soldstatus $15,900

ⓘ 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: $582 · $49/mo
• Projected year-2 tax: $1,484 · $124/mo
• Expected delta: +$902/yr (+$75/mo · 155.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 6 d/yr ≥115°F today · 13 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: $21,981
• − Mortgage interest: −$12,598
• − Property taxes: −$582
• − Insurance: −$1,124
• − Repairs & maintenance: −$1,758
• − Management: −$1,758
• − HOA: −$336
• − Depreciation: −$6,543
• Taxable loss: −$2,719
• Est. tax savings @ 24.0%: +$653
• After-tax cash flow: $1,822/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: Colorado River Union High School District (4381)
• NCES district ID: 0400082
• Math proficiency: 13% ▼ -17.00%
• Reading proficiency: 17% ▼ -18.00%
• Median HH income: $39,132
• Composite: 12.72/100
• National rank: #9603
• State rank: #213 of 249 in AZ

Livability — Fort Mohave

• Score: 65/100
• State rank: #88
• US rank: #13539

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Mohave, AZ
• County: Mohave County · 181,906 people
• City population: 15,467
• Metro: Lake Havasu City-Kingman, AZ
• Population (ZIP): 15,467
• Household income: $64,551
• Rent vs Own: 14.3% rent · 85.7% own
• Severe rent burden: 207.0

Population outlook (Mohave County) Hauer SSP2

• Today (2025): 209,184 people
• By 2030: 209,674 · +0.2%
• By 2040: 205,897 · -1.6%
• By 2050: 196,810 · -5.9%
• By 2075: 169,454 · -19.0%
• By 2100: 136,630 · -34.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Hispanic / Latino 18% Two or more races 8% Asian 4%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Lithuanian 3% Romanian 2% Italian 1%
• Foreign-born: 7% · Canada
• Languages at home: 88% English-only · Spanish 7% Tagalog/Filipino 2% Other Asian/Pacific 1%

Political lean MEDSL · Mohave

• 2024 margin: Solid R (+55.8) · D 21.8% · R 77.6%
• 2008→2024 swing: -22.9pp toward R · 2008: -32.9pp · 2024: -55.8pp
• All cycles: 2024: R+55.8 2020: R+51.3 2016: R+51.5 2012: R+42.6 2008: R+32.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -15.22%
• Current HPI: 278.7975
• Rent YoY: —
• Metro: Lake Havasu City-Kingman, 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

+1314.5% since first listed

8 events — show timeline

• 2026-04-25 Pending — WARDEX
• 2026-04-11 Listed $224,900 WARDEX
• 2020-09-14 Sold (Public Records) $145,000 Public Records
• 2020-09-14 Sold (MLS) $145,000 WARDEX
• 2020-08-17 Listed $145,000 WARDEX
• 2015-06-10 Sold (Public Records) $84,900 Public Records
• 2014-03-04 Sold (Public Records) $74,000 Public Records
• 1994-11-18 Sold (Public Records) $15,900 Public Records

Property tax history

+1.3%/yr

Latest (2025): $582 · +9.4% YoY. Source: county tax records.