3610 N Elliott Rd · Ajo, AZ 85321

$135,000

3 bd · 1.0 ba · 768 sqft · SingleFamily public records · 150 Days on market

Built 1981 2.01 ac lot ↓ 4% since listing

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Why this score? — see what drove the C- 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 +21.0/30.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +4.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Desert property with horse facilities and mountain views on 2.01 acres. This single-story, 3-bedroom, 1-bath home offers a step-free layout and natural desert landscaping. Features include washer/dryer hookups inside the home, a circular driveway for easy access, and horse amenities including a corral and shelter. The property provides unobstructed mountain views and a low-maintenance desert setting. Note: Home is in need of maintenance and repairs. Desert Charmer with Horse Facilities & Mountain Views - Needs a Little TLC! Calling all dreamers and DIY enthusiasts! This single-story, 3-bedroom, 1-bath home sits on 2.01 acres of raw desert beauty ready for your personal touch. With natural landscaping, mountain views, and equestrian features, it's a property full of potential. Key Features: - Step-Free Design: Easy access with no interior stairs - Washer/Dryer Hookups: Laundry-ready setup inside the home - Circular Driveway: Inviting curb appeal with convenient vehicle access - Horse Corral & Shelter: Ideal for horse owners or hobby ranchers - Spectacular Views: Unobstructed vistas of Arizona's iconic mountains - Natural Desert Landscape: Low-maintenance and water-wise Heads-Up: Home is in need of maintenance and repairs bring your tools and vision to unlock its full charm. Whether you're looking to renovate, invest, or create a serene desert escape, this property offers a rare blend of land, location, and possibilities.

Key facts

• Washer dryer hookups
• Horse corral
• Step-free design

Tags

• MOUNTAIN VIEWS
• STEP-FREE DESIGN
• WASHER DRYER HOOKUPS
• CIRCULAR DRIVEWAY
• HORSE CORRAL
• NATURAL DESERT LANDSCAPE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $189 ($2k/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 $127k (6.2% below list).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#115 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools F, amenities F, commute D-.
• Ajo Unified District (4409) (town): math 25% / reading 25% proficiency, ranked #343 of 501 in AZ (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 38 active listings in the ZIP; 5,268 units permitted in Pima County in 2024 (996 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Pima County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 150 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $118,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 150 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.94% ✗
• Cap rate: 7.97%
• Cash-on-cash: 6.01%
• DSCR: 1.27
• GRM: 8.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.1%
• Equity multiple: 0.74×
• Total profit: $-9,881
• Equity at exit: $20,129

10-year hold

• IRR: 2.5%
• Equity multiple: 1.18×
• Total profit: $6,685
• Equity at exit: $11,672

Cash invested: $37,800 (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 85321

• Home prices YoY: -5.6%
• Active inventory: 38
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,266 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$47 /mo · $559/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $189

Break-even live

Break-even rent $1,026

Max offer price $135,000

Occupancy floor 80%

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-19
   days on market $135,000 Active 150 DOM
2. 2026-06-18
   days on market $135,000 Active 149 DOM
3. 2026-06-17
   days on market $135,000 Active 148 DOM
4. 2026-06-16
   days on market $135,000 Active 147 DOM
5. 2026-06-15
   days on market $135,000 Active 146 DOM
6. 2026-06-14
   days on market $135,000 Active 144 DOM
7. 2026-06-12
   days on market $135,000 Active 143 DOM
8. 2026-06-09
   days on market $135,000 Active 140 DOM
9. 2026-06-08
   days on market $135,000 Active 139 DOM
10. 2026-06-07
    days on market $135,000 Active 138 DOM
11. 2026-06-07
    days on market $135,000 Active 137 DOM
12. 2026-06-04
    days on market $135,000 Active 134 DOM
13. 2026-06-02
    days on market $135,000 Active 133 DOM
14. 2026-06-01
    days on market $135,000 Active 132 DOM
15. 2026-05-31
    days on market $135,000 Active 131 DOM
16. 2026-05-31
    days on market $135,000 Active 130 DOM
17. 2026-04-10
    price $135,000 1454-char remark

    Show marketing remark (1454 chars)

    Desert property with horse facilities and mountain views on 2.01 acres. This single-story, 3-bedroom, 1-bath home offers a step-free layout and natural desert landscaping. Features include washer/dryer hookups inside the home, a circular driveway for easy access, and horse amenities including a corral and shelter. The property provides unobstructed mountain views and a low-maintenance desert setting. Note: Home is in need of maintenance and repairs. Desert Charmer with Horse Facilities & Mountain Views - Needs a Little TLC! Calling all dreamers and DIY enthusiasts! This single-story, 3-bedroom, 1-bath home sits on 2.01 acres of raw desert beauty ready for your personal touch. With natural landscaping, mountain views, and equestrian features, it's a property full of potential. Key Features: - Step-Free Design: Easy access with no interior stairs - Washer/Dryer Hookups: Laundry-ready setup inside the home - Circular Driveway: Inviting curb appeal with convenient vehicle access - Horse Corral & Shelter: Ideal for horse owners or hobby ranchers - Spectacular Views: Unobstructed vistas of Arizona's iconic mountains - Natural Desert Landscape: Low-maintenance and water-wise Heads-Up: Home is in need of maintenance and repairs bring your tools and vision to unlock its full charm. Whether you're looking to renovate, invest, or create a serene desert escape, this property offers a rare blend of land, location, and possibilities.

18. 2026-02-13
    price $140,000 1454-char remark

    Show marketing remark (1454 chars)

    Desert property with horse facilities and mountain views on 2.01 acres. This single-story, 3-bedroom, 1-bath home offers a step-free layout and natural desert landscaping. Features include washer/dryer hookups inside the home, a circular driveway for easy access, and horse amenities including a corral and shelter. The property provides unobstructed mountain views and a low-maintenance desert setting. Note: Home is in need of maintenance and repairs. Desert Charmer with Horse Facilities & Mountain Views - Needs a Little TLC! Calling all dreamers and DIY enthusiasts! This single-story, 3-bedroom, 1-bath home sits on 2.01 acres of raw desert beauty ready for your personal touch. With natural landscaping, mountain views, and equestrian features, it's a property full of potential. Key Features: - Step-Free Design: Easy access with no interior stairs - Washer/Dryer Hookups: Laundry-ready setup inside the home - Circular Driveway: Inviting curb appeal with convenient vehicle access - Horse Corral & Shelter: Ideal for horse owners or hobby ranchers - Spectacular Views: Unobstructed vistas of Arizona's iconic mountains - Natural Desert Landscape: Low-maintenance and water-wise Heads-Up: Home is in need of maintenance and repairs bring your tools and vision to unlock its full charm. Whether you're looking to renovate, invest, or create a serene desert escape, this property offers a rare blend of land, location, and possibilities.

19. 2026-01-20
    listed $150,000 Active 1454-char remark

    Show marketing remark (1454 chars)

    Desert property with horse facilities and mountain views on 2.01 acres. This single-story, 3-bedroom, 1-bath home offers a step-free layout and natural desert landscaping. Features include washer/dryer hookups inside the home, a circular driveway for easy access, and horse amenities including a corral and shelter. The property provides unobstructed mountain views and a low-maintenance desert setting. Note: Home is in need of maintenance and repairs. Desert Charmer with Horse Facilities & Mountain Views - Needs a Little TLC! Calling all dreamers and DIY enthusiasts! This single-story, 3-bedroom, 1-bath home sits on 2.01 acres of raw desert beauty ready for your personal touch. With natural landscaping, mountain views, and equestrian features, it's a property full of potential. Key Features: - Step-Free Design: Easy access with no interior stairs - Washer/Dryer Hookups: Laundry-ready setup inside the home - Circular Driveway: Inviting curb appeal with convenient vehicle access - Horse Corral & Shelter: Ideal for horse owners or hobby ranchers - Spectacular Views: Unobstructed vistas of Arizona's iconic mountains - Natural Desert Landscape: Low-maintenance and water-wise Heads-Up: Home is in need of maintenance and repairs bring your tools and vision to unlock its full charm. Whether you're looking to renovate, invest, or create a serene desert escape, this property offers a rare blend of land, location, and possibilities.

20. 2025-07-11
    historical
21. 2025-07-09
    listed $140,000 Active

ⓘ 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: $559 · $47/mo
• Projected year-2 tax: $891 · $74/mo
• Expected delta: +$332/yr (+$28/mo · 59.4%)

ⓘ 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 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,190
• − Mortgage interest: −$7,562
• − Property taxes: −$559
• − Insurance: −$675
• − Repairs & maintenance: −$1,215
• − Management: −$1,215
• − Depreciation: −$3,927
• Taxable income: $36
• Est. tax owed @ 24.0%: −$9
• After-tax cash flow: $2,262/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: Ajo Unified District (4409)
• NCES district ID: 0400520
• Math proficiency: 25% ▼ -2.00%
• Reading proficiency: 25% ▼ -3.00%
• Median HH income: $34,237
• Composite: 23.59/100
• National rank: #13264
• State rank: #343 of 501 in AZ

Livability — Ajo

• Score: 63/100
• State rank: #115
• US rank: #15321

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ajo, AZ
• Population (ZIP): 4,313

Population outlook (Pima County) Hauer SSP2

• Today (2025): 1,066,056 people
• By 2030: 1,086,684 · +1.9%
• By 2040: 1,117,160 · +4.8%
• By 2050: 1,149,778 · +7.9%
• By 2075: 1,271,480 · +19.3%
• By 2100: 1,321,160 · +23.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 56% Hispanic / Latino 25% Two or more races 19% Native American 15% Asian 1%
• Hispanic origin (detail): Mexican 20% Puerto Rican 5%
• Common ancestry: Lithuanian 4% Slovak 1% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 78% English-only · Spanish 15% Tagalog/Filipino 1%

Political lean MEDSL · Pima

• 2024 margin: D (+15.2) · D 57.0% · R 41.8% · Other 1.2%
• 2008→2024 swing: +9.1pp toward D · 2008: 6.1pp · 2024: 15.2pp
• All cycles: 2024: D+15.2 2020: D+18.7 2016: D+13.5 2012: D+5.8 2008: D+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -10.38%
• Current HPI: 173.7704
• Rent YoY: —
• Metro: —
• 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

-3.6% since first listed

5 events — show timeline

• 2026-04-10 Price Changed $135,000 ARMLS
• 2026-02-13 Price Changed $140,000 ARMLS
• 2026-01-20 Listed $150,000 ARMLS
• 2025-07-11 Listing Removed — ARMLS
• 2025-07-09 Listed $140,000 ARMLS

Property tax history

-1.2%/yr

Latest (2025): $559 · +5.0% YoY. Source: county tax records.