480 S Rainbow Dr #56, Payson, AZ, 85541
About This Home
Beautiful, remodeled home on double lot! This one bedroom, one bathroom has 672sf with screened in porch. As soon as you walk in you feel at home with a living room that leads into the kitchen and dining area. Charming kitchen with ample cabinetry, refrigerator, electric stove and microwave. Bedroom is spacious and has door to access the fully fenced backyard. Bathroom has walk-in shower. Serene backyard setting with wooden privacy fence and a shed. Buyer must be qualified through Houston Creek RV and Manufactured Home Park. Home is being sold furnished with exception of a coffee table. New financing option is available!
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1984
Materials
- Roof: Asphalt
- Construction materials: Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Add On
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Other
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Features
- Kitchen-Dining Combo
- Flooring: Carpet,Laminate,Wood
Heating & Cooling
- Heating features: Electric,Split System
- Cooling features: Ceiling Fan(s),Split System
Interior Area
- Total structure area: 672
- Total interior livable area: 672 sqft
Property
Details
- Parcel number: 30260007E
- Zoning: Res
Features
- Patio & porch: Patio,Screened Porch/Deck
- Exterior features: Storage,Dog Run
- Fencing: Wood
Lot
- Features: Corner Lot
- Lot size dimensions: 0 x 0
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Gila County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $278 | $3,336 |
| Home Insurance | $15 | $180 |
| Property Taxes | $25 | $300 |
| Electricity | $216 | $2,603 |
| Total | $534 | $6,408 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-15 | Price change | $55,000 |
| 2025-06-05 | Price change | $70,000 |
| 2025-03-28 | Listed for sale | $85,000 |
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