0out of 100
Below Average

104 W District St, Tucson, AZ, USA

Score Breakdown
Profit Margin5/45
Demand & Speed27/35
Location13/20
$
Asking $340k$320,000
%
$64,000 cash at risk up front
45
104 W District St, Tucson, AZ, USA
5 bd2 ba2,191 sqft

Below Average

45/100

Thin exit margin — resell near $334k for about $-16k profit (-5% margin) after costs. Balanced demand, ~39 days on market.

Highlights
  • Balanced buyer demand
  • ~39 days to sell
Watch-outs
  • Thin -5% margin after selling costs
  • Negative profit at this price

Price vs. Market

Needs Work
Your offer
$146/sqft
Area avg
$135/sqft
8% above market average
Your offer
$320,000
At market rate
$295,785

ARV Assessment

FairAI Estimate
ARV Low
$301k
Est. ARV
$334k
ARV High
$364k
Total Investment
$320k
Est. ARV
$334k
Rehab Cost
$12k
Potential Equity
$14k
Comparable Reasoning

Based on 4 recent sales within 0.5 miles, comparable multi-family homes of similar size traded between $301k and $364k. The subject's 2,191 sqft and 5bd/2ba layout supports a midpoint estimate of $334k.

2 more details
Condition Assessment

Property presents in moderate condition. Estimated rehab of $12k covers kitchen, baths, and systems.

Methodology

Sales-comparison approach weighted by recency, proximity, and price-per-sqft, adjusted for condition and lot. Confidence: moderate.

Moderate confidenceNo photos analyzed
ARV & comps — see the full analysis on Offa

Rental Income

GoodAI Estimate
Rent Low
$3,030
Est. Rent/mo
$3,290
Rent High
$3,620
Monthly Rent
$3,290
Annual Rent
$39k
Rental Yield
12.3%
Cap Rate
6.8%
Market Assessment

The Tucson rental market shows strong demand. Median area rent is $879/mo with a 7% vacancy rate.

2 more details
Comparable Reasoning

Comparable 5bd units nearby rent for $3,030–$3,620. At $3,290/mo the gross yield is 12.34% of the purchase price.

Methodology

Rent estimated from active and leased comps adjusted for size, condition, and submarket trends.

Rental analysis — see the full analysis on Offa

Financing Calculator

GoodLive rate · Freddie Mac
Using the current 7.32% 30-yr fixed national average (as of 2026-10-22). Adjust below to match your quote.
Price
$320,000
Loan
$256,000
$64,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$1,759/mo
Estimated Rent$3,290/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return21.96%
Total Payment
$2,119/mo
Monthly Cash Flow
+$1,171/mo
Positive cash flow: $1,171/mo

Neighborhood Profile

Needs WorkLive Data
DTier
Developing Neighborhood30/100
Composite socioeconomic score
Median Income
$47k
Median Home
$177k
Median Rent
$879/mo
Homeownership
51.24%
Vacancy
6.91%
Population
14,286
Score Breakdown
Income & Wealth
24
Housing Market
36
Education
10
Employment
42
Stability
32
Infrastructure
46
Neighborhood data — see the full analysis on Offa

City Population

GoodLive Data
Tucson, AZ
10-year population trend
+26% / decade
City Population
9,039
Density / sq mi
2,655
Area (sq mi)
145
Within 1 Mile
9,708
1-Mile Density
7,343
Trend Years
2014–2023

Get alerts for deals like this in Tucson

We'll email you when matching off-market deals hit Offa's marketplace.

Similar Off-Market Deals Nearby