Panel vintageSeptember 1, 2026Demonstration data — not live MLS
Parcel
Contact the desk

24135 W Hidalgo Ave

Buckeye · Buckeye, AZ 85326 · Single-family

Active64 days on marketID P-047
Price
$366,000
Est. rent / mo
$2,140
Est. cap rate
3.63%
Est. cash-on-cash
-8.04%
Est. DSCR
0.62
Rent / price
0.585%
$ / sq ft
$162
Est. cash flow / mo
-$674

At the baseline set: 25% down, 6.75%, 30-year amortisation. Estimates.

24135 W Hidalgo Ave — painted stucco ranch elevation with a barrel-tile roof and mature mesquite
24135 W Hidalgo Ave — renovated kitchen with quartz counters and vinyl plank flooring
24135 W Hidalgo Ave — vacant living area with vinyl plank flooring and a slider to the patio
24135 W Hidalgo Ave — renovated bathroom with a tiled tub surround
24135 W Hidalgo Ave — exterior condenser units on a gravel pad

Representative stock photography of Phoenix-metro residential product. These images do not depict this address.

The read

Six years old, nothing due. Long-run water allocation on the far-west growth edge is a genuine risk to price, and it is discussed in the methodology notes.

  • Built 2020
  • HOA $110/mo
  • Tankless water heater
  • Smart-home package

Facts

Physical
Property typeSingle-family
Units1
Bedrooms / bathrooms4 / 3
Living area2,260 sq ft
Lot6,534 sq ft
Year built2020 (6 yrs)
Stories2
Parking2-car garage
Coordinates33.3742, -112.5891
Carry — estimated
Property tax / yr$2,420
Insurance / yr$1,940
HOA / mo$110
Other fixed / yr$360
Total est. operating / yr$10,868
HVAC installed2020
Roof installed2020
Water providerEPCOR Water
FEMA flood zoneZone X

Underwrite it

Every figure below recomputes as you move an input. Nothing is rounded until it is printed, and operating expenses never include debt service — that separation is what makes the cap rate a property of the building and the cash-on-cash a property of your deal. All outputs are estimates.

Purchase & financing
Income
Operating expenses

Monthly cash flow

−$674

after debt service, before tax

Cap rate

3.63%

NOI ÷ purchase price

Cash-on-cash

-8.04%

cash flow ÷ cash invested

DSCR

0.62

NOI ÷ annual debt service

Where the gross rent goes

  • Vacancy$1,541
  • Operating$10,868
  • Debt service$21,365
  • Cash flow$0
Annual income statement — estimated
Gross scheduled income$25,680
Less vacancy & credit loss−$1,541
Effective gross income$24,139
Less fixed operating−$6,040
Less variable operating−$4,828
Net operating income$13,271
Less annual debt service−$21,365
Pre-tax cash flow-$8,093
Loan amount$274,500
Monthly principal & interest$1,780
Cash invested$100,650
Operating expense ratio45.0%
Break-even occupancy125.5%
Gross rent multiplier14.3
Rent-to-price ratio0.585%

Estimated figures produced by a model from the assumptions on the left. Not an offer, an appraisal, a loan quote or investment advice. Taxes, insurance and operating expenses are estimates; verify each before you commit capital.

Price history

List-price history

Plotted on a true time axis — the horizontal distance between two points is how long that price actually stood. The asking price has not moved since listing.

$350,000$375,000$400,000Jul 26Aug 26Sep 26

List-price events
DateEventPriceChange
June 21, 2026Listed$366,000—

Estimated value, indexed to the submarket

The current price carried backwards on the Buckeye median-price index. An index adjustment, not an appraisal and not a record of transactions.

Comparables

Rent is compared per unit, which is the only fair basis across a house and a fourplex. The subject sits 3.9% above the median of its five closest comparables.

Monthly rent per unit

Drawn from the panel itself, ranked by product family, unit size, bedroom count and straight-line distance.

Table
Monthly rent per unit — full data. Drawn from the panel itself, ranked by product family, unit size, bedroom count and straight-line distance.
ComparableDetailRent / unit / mo
24135 W Hidalgo Ave (subject)subject · 4/3 · 2,260 sq ft/unit$2,140
21707 W Cocopah St0.9 mi · 4/3 · 2,420 sq ft/unit$2,260
3018 S 249th Ln0.5 mi · 3/2 · 1,780 sq ft/unit$1,990
11940 W Roma Ave14.9 mi · 4/3 · 2,160 sq ft/unit$2,180
1618 N 123rd Dr15.3 mi · 3/2 · 1,610 sq ft/unit$2,060
10422 W Papago St14 mi · 3/2 · 1,425 sq ft/unit$1,935
Sale comparables — nearest 4 assets of the same type
AddressSubmarketDistancePriceSq ft$ / sq ft
24135 W Hidalgo Ave SubjectBuckeye—$366,0002,260$162
3018 S 249th LnBuckeye0.5 mi$341,0001,780$192
21707 W Cocopah StBuckeye0.9 mi$388,0002,420$160
10422 W Papago StAvondale14 mi$324,0001,425$227
11940 W Roma AveAvondale14.9 mi$382,0002,160$177

Sensitivity

What a five-percent move in price or fifty basis points on the rate does to the return. Computed at the baseline assumption set, not at whatever you have set the calculator to — it is a fixed reference.

Sensitivity — cash-on-cash by price and rate

Every other assumption held at the baseline set. A fixed reference, not tied to the calculator above. Estimates.

Cash-on-cash return by purchase price and interest rate
Price \ Rate5.75%6.25%6.75%7.25%7.75%
$336,500−8%-4.8%-5.8%-6.9%-8.0%-9.1%
$351,500−4%-5.4%-6.4%-7.5%-8.6%-9.7%
$366,000ask-5.9%-7.0%-8.0%-9.1%-10.3%
$380,500+4%-6.4%-7.5%-8.5%-9.6%-10.8%
$395,500+8%-6.9%-7.9%-9.0%-10.1%-11.2%

Cash-on-cash-11.2% → -4.8%

What to check before you commit

  • HVAC

    Condenser installed 2020, 6 years old. Inside normal service life for this climate, so the CapEx reserve carries it rather than a year-one line item.

  • Roof

    Roof dates to 2020, 6 years old — inside the window most carriers will write without a surcharge.

  • Flood

    FEMA Zone X. Outside the mapped special flood hazard area; a lender will not require separate flood coverage.

  • Water allocation

    Served by EPCOR Water. Long-run Colorado River and Central Arizona Project allocation is a genuine risk to price on the metro’s growth edges over a 10-to-20 year hold. It is a discount-rate question, not a next-quarter question.

  • HOA

    $110 a month, $1,320 a year, payable whether or not the unit is occupied. Read the CC&Rs for rental caps and minimum lease terms before you underwrite a lease-up.