4714 W Lemon Ave · Coolidge, AZ 85128

$235,000

4 bd · 2.5 ba · 1,866 sqft · SingleFamily public records · 21 Days on market

Built 2007 5,751 sqft lot Est $317k · 26% under $88/mo HOA · 4% 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 +15.4/30.0
• ARV discount +15.0/15.0
• DSCR +4.7/10.0
• 1% rule +3.8/10.0
• Livability +2.9/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fantastic spacious home featuring 4 bedrooms, 2.5 bathrooms, and a den. Beautifully landscaped exterior helps keep maintenance low and gives you more time to enjoy your home. New paint inside and out makes it move-in ready for your family. As you step inside, you'll be greeted by an open living room that flows seamlessly to the kitchen that includes recessed lighting and an island. Tiles throughout the main floor make it easy to keep clean. The primary bedroom is a true retreat with a spacious shower stall in the ensuite bathroom and a large walk-in closet. The covered patio is perfect for hosting BBQs or enjoying your morning coffee. Located in beautiful Martin Ranch with lots of walking areas and playgrounds. Do not miss this opportunity!

Key facts

• Ample counter space
• Tile floors
• Matching appliances

Tags

• TWO STORY HOME
• GREAT ROOM
• TILE FLOORS
• MATCHING APPLIANCES
• AMPLE COUNTER SPACE
• CENTER ISLAND

Property features AI

Finance

• Other: Property area source: Assessor; Building area source: Assessor
• HOA & community: Monthly association fee of $88 covering grounds maintenance; Association rules prohibit visible trucks, trailers, RVs, and boats; Community playground

Exterior

• Parking: Two covered parking spaces; Two open parking spaces; 2-car garage with direct access and garage door opener
• Utilities: City water; Public sewer
• Home design: Single family residence; Fee simple ownership
• Construction: Stucco and wood frame construction, painted exterior; Tile roof
• Exterior features: Gravel/stone front yard; Gravel/stone back yard; Block fencing; City-maintained road

Interior

• Kitchen: Kitchen island; Laminate counters; Pantry; Dishwasher; Disposal; Eat-in kitchen
• Bedrooms: Up to 5 possible bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Electric heating; Central air; Ceiling fans
• Interior features: High-speed internet available; Double vanity; Upstairs living areas; Eat-in kitchen; Kitchen island; Pantry; 3/4 bath in primary bedroom; Laminate counters; Dual-pane windows
• Laundry & utility: Upstairs laundry room; Indoor washer/dryer hookups

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $91 ($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 $206k (12.2% below list).
• Recommended offer: $206k (12.2% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 4.5% in Coolidge — 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 57/100 on livability (#235 in AZ) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Coolidge Unified District (4442) (town): math 8% / reading 14% proficiency, ranked #229 of 249 in AZ (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Heartland Ranch Elementary School (math 10% / reading 20%, grade F, #871 of 1,109 statewide, top 80%, 525 students, 84% FRL); Coolidge Jr. High School (math 7% / reading 11%, grade F, #200 of 218 statewide, top 93%, 362 students, 80% FRL); Coolidge High School (math 8% / reading 12%, grade F, #343 of 381 statewide, top 93%, 640 students, 68% FRL).
• Market conditions: Rents flat; 272 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 9,504 units permitted in Pinal County in 2024 (776 in 5+ unit buildings).
• This rent runs 38% 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.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($231k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 16y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $206,362 (12.2% 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. 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?
5. 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.
6. 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.
7. 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: 0.88% ✗
• Cap rate: 6.76%
• Cash-on-cash: 1.67%
• DSCR: 1.07
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $317,220
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4625 W Dill Ave	0.15mi	4/2.0	1,881 (+1%)	3mo	$287,000	$153	87
4644 W Lemon Ave	0.06mi	4/2.5	1,867 (+0%)	13mo	$330,000	$177	86
4637 W Nutmeg Ave	0.11mi	4/2.0	1,770 (-5%)	2mo	$252,000	$142	82
2338 S 48th St	0.06mi	4/2.5	1,867 (+0%)	20mo	$300,000	$161	80
4601 W Lemon Ave	0.13mi	4/2.0	1,768 (-5%)	14mo	$300,000	$170	72
4714 W Dill Ave	0.16mi	4/2.0	1,882 (+1%)	22mo	$351,000	$187	70
4632 W Dill Ave	0.17mi	4/2.0	1,784 (-4%)	15mo	$302,000	$169	70
4644 W Nutmeg Ave	0.08mi	4/2.0	1,770 (-5%)	22mo	$328,747	$186	68
4643 W Cinnamon Ave	0.19mi	4/2.0	1,836 (-2%)	24mo	$297,000	$162	67
4707 W Cinnamon Ave	0.18mi	4/2.0	1,918 (+3%)	23mo	$320,000	$167	66
4725 W Orange Ave	0.13mi	4/2.0	1,689 (-10%)	15mo	$320,000	$189	63
4631 W Orange Ave	0.16mi	4/2.0	1,689 (-10%)	20mo	$300,000	$178	58

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 · 0.97% rent growth · sell at horizon

5-year hold

• IRR: -15.9%
• Equity multiple: 0.45×
• Total profit: $-36,409
• Equity at exit: $35,039

10-year hold

• IRR: -11.2%
• Equity multiple: 0.38×
• Total profit: $-40,569
• Equity at exit: $20,319

Cash invested: $65,800 (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 85128

• Home prices YoY: -7.9%
• Rents YoY: 1.0%
• Active inventory: 272
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,064 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$121 /mo · $1,447/yr
• Insurance: −$98
• HOA: −$88
• Vacancy / Maint / Mgmt: −$433
• Net cashflow: $91

Break-even live

Break-even rent $1,948

Max offer price $235,000

Occupancy floor 91%

Sensitivity live

Price	-10% $224	-5% $158	+0% $91	+5% $25	+10% $-42
Rent	-10% $-72	-5% $10	+0% $91	+5% $173	+10% $254
Rate	-1.0pp $210	-0.5pp $151	base $91	+0.5pp $31	+1.0pp $-31

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4614 W Juniper Ave Coolidge, AZ	5.0	2.5	1867	$2,000	$1.07	6d	1	0.12mi
2207 S 46th St Coolidge, AZ	4.0	2.0	1853	$1,850	$1.00	45d	1	0.19mi
2119 S 46th St Coolidge, AZ	4.0	2.0	1918	$1,700	$0.89	6d	1	0.23mi

HOA detail

• Monthly dues: $88 · $1,056/yr
• Likely covers: landscaping

Listing history 18 events

1. 2026-06-17
   status $235,000 Pending 21 DOM
2. 2026-06-16
   days on market $235,000 Active 21 DOM
3. 2026-06-15
   days on market $235,000 Active 20 DOM
4. 2026-06-13
   days on market $235,000 Active 18 DOM
5. 2026-06-09
   days on market $235,000 Active 19 DOM
6. 2026-06-08
   status $235,000 Active 18 DOM
7. 2026-04-22
   status Pending
8. 2026-04-17
   price $235,000
9. 2026-04-04
   listed $250,000 Active
10. 2023-06-30
    soldstatus $295,000 Closed 755-char remark

    Show marketing remark (755 chars)

    Fantastic spacious home featuring 4 bedrooms, 2.5 bathrooms, and a den. Beautifully landscaped exterior helps keep maintenance low and gives you more time to enjoy your home. New paint inside and out makes it move-in ready for your family. As you step inside, you'll be greeted by an open living room that flows seamlessly to the kitchen that includes recessed lighting and an island. Tiles throughout the main floor make it easy to keep clean. The primary bedroom is a true retreat with a spacious shower stall in the ensuite bathroom and a large walk-in closet. The covered patio is perfect for hosting BBQs or enjoying your morning coffee. Located in beautiful Martin Ranch with lots of walking areas and playgrounds. Do not miss this opportunity!

11. 2023-05-30
    status Pending 755-char remark

    Show marketing remark (755 chars)

    Fantastic spacious home featuring 4 bedrooms, 2.5 bathrooms, and a den. Beautifully landscaped exterior helps keep maintenance low and gives you more time to enjoy your home. New paint inside and out makes it move-in ready for your family. As you step inside, you'll be greeted by an open living room that flows seamlessly to the kitchen that includes recessed lighting and an island. Tiles throughout the main floor make it easy to keep clean. The primary bedroom is a true retreat with a spacious shower stall in the ensuite bathroom and a large walk-in closet. The covered patio is perfect for hosting BBQs or enjoying your morning coffee. Located in beautiful Martin Ranch with lots of walking areas and playgrounds. Do not miss this opportunity!

12. 2023-05-09
    historical Under Contract Accepting Backups 755-char remark

    Show marketing remark (755 chars)

    Fantastic spacious home featuring 4 bedrooms, 2.5 bathrooms, and a den. Beautifully landscaped exterior helps keep maintenance low and gives you more time to enjoy your home. New paint inside and out makes it move-in ready for your family. As you step inside, you'll be greeted by an open living room that flows seamlessly to the kitchen that includes recessed lighting and an island. Tiles throughout the main floor make it easy to keep clean. The primary bedroom is a true retreat with a spacious shower stall in the ensuite bathroom and a large walk-in closet. The covered patio is perfect for hosting BBQs or enjoying your morning coffee. Located in beautiful Martin Ranch with lots of walking areas and playgrounds. Do not miss this opportunity!

13. 2023-05-01
    price $289,900 755-char remark

    Show marketing remark (755 chars)

    Fantastic spacious home featuring 4 bedrooms, 2.5 bathrooms, and a den. Beautifully landscaped exterior helps keep maintenance low and gives you more time to enjoy your home. New paint inside and out makes it move-in ready for your family. As you step inside, you'll be greeted by an open living room that flows seamlessly to the kitchen that includes recessed lighting and an island. Tiles throughout the main floor make it easy to keep clean. The primary bedroom is a true retreat with a spacious shower stall in the ensuite bathroom and a large walk-in closet. The covered patio is perfect for hosting BBQs or enjoying your morning coffee. Located in beautiful Martin Ranch with lots of walking areas and playgrounds. Do not miss this opportunity!

14. 2023-04-26
    price $309,900 755-char remark

    Show marketing remark (755 chars)

    Fantastic spacious home featuring 4 bedrooms, 2.5 bathrooms, and a den. Beautifully landscaped exterior helps keep maintenance low and gives you more time to enjoy your home. New paint inside and out makes it move-in ready for your family. As you step inside, you'll be greeted by an open living room that flows seamlessly to the kitchen that includes recessed lighting and an island. Tiles throughout the main floor make it easy to keep clean. The primary bedroom is a true retreat with a spacious shower stall in the ensuite bathroom and a large walk-in closet. The covered patio is perfect for hosting BBQs or enjoying your morning coffee. Located in beautiful Martin Ranch with lots of walking areas and playgrounds. Do not miss this opportunity!

15. 2023-04-05
    listed $319,900 Active 755-char remark

    Show marketing remark (755 chars)

    Fantastic spacious home featuring 4 bedrooms, 2.5 bathrooms, and a den. Beautifully landscaped exterior helps keep maintenance low and gives you more time to enjoy your home. New paint inside and out makes it move-in ready for your family. As you step inside, you'll be greeted by an open living room that flows seamlessly to the kitchen that includes recessed lighting and an island. Tiles throughout the main floor make it easy to keep clean. The primary bedroom is a true retreat with a spacious shower stall in the ensuite bathroom and a large walk-in closet. The covered patio is perfect for hosting BBQs or enjoying your morning coffee. Located in beautiful Martin Ranch with lots of walking areas and playgrounds. Do not miss this opportunity!

16. 2010-06-29
    soldstatus $70,000 Closed 446-char remark

    Show marketing remark (446 chars)

    Work from home in the den that overlooks the front yard or enjoy time with your guests with open floorplan.Eat-in kitchen opens into greatroom.THIS IS A FANNIE MAE HOMEPATH PROPERTY''PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN''THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE & HOMEPATH RENOVATION FINANCING''.**Close before July 1, and receive 3.5% in closing costs or appliances. See HomePath.com Special Offers or ask me for details.**

17. 2010-06-04
    status Pending 446-char remark

    Show marketing remark (446 chars)

    Work from home in the den that overlooks the front yard or enjoy time with your guests with open floorplan.Eat-in kitchen opens into greatroom.THIS IS A FANNIE MAE HOMEPATH PROPERTY''PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN''THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE & HOMEPATH RENOVATION FINANCING''.**Close before July 1, and receive 3.5% in closing costs or appliances. See HomePath.com Special Offers or ask me for details.**

18. 2010-05-19
    listed $72,900 Active 446-char remark

    Show marketing remark (446 chars)

    Work from home in the den that overlooks the front yard or enjoy time with your guests with open floorplan.Eat-in kitchen opens into greatroom.THIS IS A FANNIE MAE HOMEPATH PROPERTY''PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN''THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE & HOMEPATH RENOVATION FINANCING''.**Close before July 1, and receive 3.5% in closing costs or appliances. See HomePath.com Special Offers or ask me for details.**

ⓘ 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: $1,447 · $121/mo
• Projected year-2 tax: $1,551 · $129/mo
• Expected delta: +$104/yr (+$9/mo · 7.2%)

ⓘ 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 7/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥113°F today · 19 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: $24,763
• − Mortgage interest: −$13,164
• − Property taxes: −$1,447
• − Insurance: −$1,175
• − Repairs & maintenance: −$1,981
• − Management: −$1,981
• − HOA: −$1,056
• − Depreciation: −$6,836
• Taxable loss: −$2,876
• Est. tax savings @ 24.0%: +$690
• After-tax cash flow: $1,787/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: Coolidge Unified District (4442)
• NCES district ID: 0402320
• Math proficiency: 8% ▼ -6.00%
• Reading proficiency: 14% ▼ -2.00%
• Median HH income: $49,182
• Composite: 10.35/100
• National rank: #9787
• State rank: #229 of 249 in AZ

Livability — Coolidge

• Score: 57/100
• State rank: #235
• US rank: #22344

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Coolidge, AZ
• County: Pinal County · 399,947 people
• City population: 19,487
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 19,487
• Household income: $65,477
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 264.0

Population outlook (Pinal County) Hauer SSP2

• Today (2025): 437,574 people
• By 2030: 446,903 · +2.1%
• By 2040: 452,589 · +3.4%
• By 2050: 444,126 · +1.5%
• By 2075: 430,300 · -1.7%
• By 2100: 393,536 · -10.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 52% White 29% Two or more races 22% Native American 17% Black 4%
• Hispanic origin (detail): Mexican 49%
• Common ancestry: Lithuanian 1% Portuguese 1% Serbian 1%
• Foreign-born: 9% · Canada
• Languages at home: 71% English-only · Spanish 25% Other Indo-European 1%

Political lean MEDSL · Pinal

• 2024 margin: Strong R (+22.1) · D 38.5% · R 60.6%
• 2008→2024 swing: -7.6pp toward R · 2008: -14.5pp · 2024: -22.1pp
• All cycles: 2024: R+22.1 2020: R+17.3 2016: R+19.3 2012: R+17.1 2008: R+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -23.95%
• Current HPI: 280.3422
• Rent YoY: ▲ 0.97%
• Metro: Phoenix-Mesa-Chandler, 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

+222.4% since first listed

12 events — show timeline

• 2026-04-22 Pending — ARMLS
• 2026-04-17 Price Changed $235,000 ARMLS
• 2026-04-04 Listed $250,000 ARMLS
• 2023-06-30 Sold (MLS) $295,000 ARMLS
• 2023-05-30 Pending — ARMLS
• 2023-05-09 Contingent — ARMLS
• 2023-05-01 Price Changed $289,900 ARMLS
• 2023-04-26 Price Changed $309,900 ARMLS
• 2023-04-05 Listed $319,900 ARMLS
• 2010-06-29 Sold (MLS) $70,000 ARMLS
• 2010-06-04 Pending — ARMLS
• 2010-05-19 Listed $72,900 ARMLS

Property tax history

+1.2%/yr

Latest (2025): $1,447 · +2.6% YoY. Source: county tax records.