327 W DR Martin Luther King St · Eloy, AZ 85131

$29,997

3 bd · 2.0 ba · 1,416 sqft · SingleFamily · 6 Days on market

Built 1945 Poor condition 7,544 sqft lot

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Schools +1.9/10.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks

STOP! PINAL TAX CODE(S): 405-06-095 & 405-06-096 TO BE INCLUDED. OWN A PIECE OF ARIZONA TODAY. FIXER UPPER AVAILABLE! OWNER WILL FINANCE WITH AS LOW AS $5K DOWN AND A FEW HUNDRED DOLLARS A MONTH! SOLD AS-IS. OWNER HAS MULTIPLE PROPERTIES. BUNDLE AND SAVE. BIG BUSINESS'S MOVING INTO PINAL COUNTY. PINAL COUNTY IS GROWING!!! SUBMIT ALL OFFERS! BUYER TO VERIFY SCHOOLS, ZONING / USE, UTILITIES, AND ALL PERTINENT INFORMATION. ALL INFORMATION DEEMED ACCURATE BUT NOT GUARANTEED. OWNER AGENT

Key facts

• 7,544 sq ft lot
• Built 1945
• Listed 6 days

Property features AI

Finance

• HOA & community: No association fees

Exterior

• Utilities: City water; Public sewer
• Home design: Single family residence; Fee simple ownership
• Construction: Adobe construction; Other roof
• Exterior features: Chain link fencing; Natural desert front and back

Interior

• Bedrooms: 3 possible bedrooms
• Flooring: Other flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Cooling present (type: Other); Heating: see remarks
• Interior features: Other flooring
• Laundry & utility: No laundry hookups inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $30k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $880 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $30k).
• Cap rate 41.5% vs local median 1.3% in Eloy — 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 65/100 on livability (#78 in AZ) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities D-, commute F.
• Santa Cruz Valley Union High School District (4454) (town): math 11% / reading 30% proficiency, ranked #382 of 501 in AZ (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Santa Cruz Valley Union High School (math 15% / reading 24%, grade F, #230 of 381 statewide, top 61%, 340 students, 78% FRL).
• Market conditions: 440 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 9,504 units permitted in Pinal County in 2024 (776 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $208 of loan paydown is wiped out by about $900 of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $29,997

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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?
7. 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.
8. 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.
9. 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: 4.59% ✓
• Cap rate: 41.49%
• Cash-on-cash: 125.71%
• DSCR: 6.59
• GRM: 1.8

CMA / ARV

• ARV (on-the-fly): $220,896
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
211 W Alsdorf Rd	0.25mi	3/2.0	1,300 (-8%)	6mo	$209,000	$161	70
104 W 7th St	0.53mi	3/2.0	1,408 (-1%)	15mo	$219,900	$156	62
322 W DR Martin Luther King St	0.05mi	3/2.0	1,225 (-14%)	16mo	$219,900	$180	62
216 N Myers Blvd	0.26mi	3/1.5	1,245 (-12%)	6mo	$70,000	$56	61
318 W Phoenix Ave	0.47mi	2/2.0 (-1)	1,247 (-12%)	15mo	$140,000	$112	41
313 N D St	0.57mi	4/2.0 (+1)	1,618 (+14%)	21mo	$115,000	$71	27

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.10×
• Total profit: $51,198
• Equity at exit: $4,473

10-year hold

• IRR: —
• Equity multiple: 14.91×
• Total profit: $116,826
• Equity at exit: $2,594

Cash invested: $8,399 (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 85131

• Home prices YoY: -25.9%
• Active inventory: 440
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $1,376 medium
• Mortgage (P&I): −$157
• Tax est. 1.5%: −$37 /mo · $450/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $880

Break-even live

Break-even rent $262

Max offer price $29,997

Occupancy floor 31%

Sensitivity live

Price	-10% $901	-5% $890	+0% $880	+5% $869	+10% $859
Rent	-10% $771	-5% $825	+0% $880	+5% $934	+10% $989
Rate	-1.0pp $895	-0.5pp $887	base $880	+0.5pp $872	+1.0pp $864

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: $7,499
• Closing costs: $900
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
204 N E St Eloy, AZ	3.0	2.0	1572	$1,200	$0.76	2d	1	0.23mi
401 N D St Eloy, AZ	2.0–3.0	1.0	875	$950	$1.09	2d	4	0.57mi
241 S Apache Ave Eloy, AZ	4.0	2.0	1603	$1,750	$1.09	2d	1	1.17mi

Listing history 7 events

1. 2026-06-21
   status $29,997 Pending 6 DOM
2. 2026-06-18
   days on market $29,997 Active 6 DOM
3. 2026-06-17
   days on market $29,997 Active 5 DOM
4. 2026-06-16
   days on market $29,997 Active 4 DOM
5. 2026-06-15
   days on market $29,997 Active 3 DOM
6. 2026-06-13
   remarks 489-char remark
7. 2026-06-13
   listed $29,997 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $16,514
• − Mortgage interest: −$1,680
• − Property taxes: −$450
• − Insurance: −$150
• − Repairs & maintenance: −$1,321
• − Management: −$1,321
• − Depreciation: −$873
• Taxable income: $10,719
• Est. tax owed @ 24.0%: −$2,572
• After-tax cash flow: $7,986/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.

Condition & rehab AI · 8 photos

Poor 20/100 Extensive rehab

This property requires extensive repairs and renovations to become habitable. Immediate focus should be on the roof and exterior walls to prevent further damage and improve safety.

Repairs flagged

• Major roof — Significant rust and damage
• Major exterior walls — Severe wear and tear
• Major flooring — Exposed concrete and uneven surfaces
• Major interior walls — Exposed concrete and uneven surfaces

Value-add opportunities

• Both roof replacement — Critical to prevent further damage and improve safety
• Both exterior wall repair — Improves curb appeal and structural integrity
• Both flooring replacement — Ensures a safe and stable living environment
• Both interior wall repair — Improves safety and structural integrity

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · Significant rust and damage	Major	$15,000–50,000
exterior walls · Severe wear and tear	Major	$15,000–50,000
flooring · Exposed concrete and uneven surfaces	Major	$15,000–50,000
interior walls · Exposed concrete and uneven surfaces	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both roof replacement — Critical to prevent further damage and improve safety ↑
• Both exterior wall repair — Improves curb appeal and structural integrity ↑
• Both flooring replacement — Ensures a safe and stable living environment ↑
• Both interior wall repair — Improves safety and structural integrity ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Santa Cruz Valley Union High School District (4454)
• NCES district ID: 0407530
• Math proficiency: 11% ▲ 1.00%
• Reading proficiency: 30% ▲ 15.00%
• Median HH income: $24,927
• Composite: 19.12/100
• National rank: #13971
• State rank: #382 of 501 in AZ

Livability — Eloy

• Score: 65/100
• State rank: #78
• US rank: #12496

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Eloy, AZ
• County: Pinal County · 399,947 people
• City population: 18,794
• Metro: Phoenix-Mesa-Chandler, AZ
• Population (ZIP): 18,794
• Household income: $56,576
• Rent vs Own: 24.6% rent · 75.4% own
• Severe rent burden: 301.0

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 0.65)
• Race & ethnicity: Hispanic / Latino 47% White 36% Two or more races 16% Black 8% Native American 5% Pacific Islander 1%
• Hispanic origin (detail): Mexican 43%
• Common ancestry: Italian 4% Slovak 1% Lithuanian 1%
• Foreign-born: 16% · Canada
• Languages at home: 65% English-only · Spanish 32% Other Asian/Pacific 1% Russian/Polish/Slavic 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: ▼ -60.00%
• Current HPI: 171.3217
• Rent YoY: —
• 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

1 event — show timeline

• 2026-06-12 Listed $29,997 ARMLS