3375 E Elswood Dr · Idaho Falls, ID 83402

$84,900

0 bd · 2.0 ba · 938 sqft · Manufactured public records · 86 Days on market

Manufactured home Built 1989

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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 +20.7/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• Livability +4.3/5.0
• Schools +3.7/10.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautifully updated 2-bedroom, 2-bath home offers modern comfort in the desirable Sunnyside Acres Mobile Home Park. The remodel created a bright open-concept layout connecting the brand-new kitchen, dining area, and spacious living room—perfect for everyday living and entertaining. The new kitchen features sleek cabinetry, a new stove, built-in microwave, and dishwasher. Additional upgrades include luxury vinyl plank flooring, fresh interior and exterior paint, and updated bathrooms, with a brand-new A/C unit coming soon. Washer and dryer are included for added convenience. Both bedrooms have private bathroom access, creating a comfortable dual-suite layout ideal for guests or shared living. Located on a quiet cul-de-sac with no rear neighbors, the home also offers yard space for relaxing or gardening plus a storage shed for extra storage. Affordable space rent includes water, sewer, garbage, and access to community amenities, making this a low-maintenance and budget-friendly option. Don't miss this turnkey home in a peaceful, well-maintained community!

Key facts

• Built 1989
• Listed 86 days

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Manufactured home (manufactured without land); Residential property
• Construction: 980 above-grade finished area
• Exterior features: Metal roof

Interior

• Kitchen: Dishwasher; Microwave; Range; Oven; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Central air conditioning; Electric forced-air heating
• Interior features: Electric water heater
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a ?-bed/2.0-bath manufactured listed at $85k.

Deal economics

• At list price, monthly cash flow is $116 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($889 rent vs $85k).
• Recommended offer: $80k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 86/100 on livability (#3 in ID, #428 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+.
• Idaho Falls District (urban): math 36% / reading 50% proficiency, ranked #54 of 92 in ID (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Edgemont Gardens Elementary School (math 34% / reading 46%, grade F, #227 of 357 statewide, top 65%, 427 students, 38% FRL); Eagle Rock Middle School (math 35% / reading 53%, grade D, #57 of 109 statewide, top 54%, 776 students, 46% FRL); Skyline Senior High School (math 30% / reading 47%, grade F, #98 of 169 statewide, top 58%, 1,321 students, 31% FRL) — zoned schools at 38% FRL track the district average.
• Market conditions: Rents rising (+2.6%/yr); 275 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,253 units permitted in Bonneville County in 2024 (1,051 in 5+ unit buildings).
• This rent is only 14% of the median local income ($75k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $587 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Bonneville County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 86 days — a 6% lower offer ($80k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $5k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $79,806 (6.0% below list)

Questions for the listing agent

1. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% 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. 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.
5. 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.
6. 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: 1.05% ✓
• Cap rate: 7.93%
• Cash-on-cash: 5.83%
• DSCR: 1.26
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.57% rent growth · sell at horizon

5-year hold

• IRR: -7.8%
• Equity multiple: 0.72×
• Total profit: $-6,767
• Equity at exit: $12,659

10-year hold

• IRR: 1.3%
• Equity multiple: 1.09×
• Total profit: $2,081
• Equity at exit: $7,341

Cash invested: $23,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 91 Strongly Landlord-Friendly
• State Idaho: 91 Strongly Landlord-Friendly · R+18
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempted; minimal tenant protections.

Methodology + full state rankings →

ZIP-level market 83402

• Rents YoY: 2.6%
• Active inventory: 275
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $889 medium
• Mortgage (P&I): −$445
• Tax est. 1.5%: −$106 /mo · $1,274/yr
• Insurance: −$35
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$187
• Net cashflow: $116

Break-even live

Break-even rent $743

Max offer price $84,900

Occupancy floor 82%

Sensitivity live

Price	-10% $174	-5% $145	+0% $116	+5% $86	+10% $57
Rent	-10% $45	-5% $80	+0% $116	+5% $151	+10% $186
Rate	-1.0pp $158	-0.5pp $137	base $116	+0.5pp $94	+1.0pp $71

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: $21,225
• Closing costs: $2,547
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1352 S Utah Ave Idaho Falls, ID	1.0–3.0	1.0–2.0	1037	$1,791	$1.73	15d	158	1.36mi
433 Maple St #4 Idaho Falls, ID	1.0	1.0	700	$800	$1.14	15d	1	1.48mi

Listing history 21 events

1. 2026-06-21
   days on market $84,900 Active 86 DOM
2. 2026-06-19
   days on market $84,900 Active 84 DOM
3. 2026-06-18
   days on market $84,900 Active 83 DOM
4. 2026-06-17
   days on market $84,900 Active 82 DOM
5. 2026-06-16
   days on market $84,900 Active 81 DOM
6. 2026-06-15
   days on market $84,900 Active 80 DOM
7. 2026-06-14
   days on market $84,900 Active 78 DOM
8. 2026-06-13
   days on market $84,900 Active 77 DOM
9. 2026-06-10
   days on market $84,900 Active 75 DOM
10. 2026-06-09
    days on market $84,900 Active 74 DOM
11. 2026-06-08
    days on market $84,900 Active 73 DOM
12. 2026-06-07
    days on market $84,900 Active 72 DOM
13. 2026-06-05
    pricedays on market $84,900 Active 69 DOM
14. 2026-06-03
    days on market $89,500 Active 68 DOM
15. 2026-06-02
    days on market $89,500 Active 67 DOM
16. 2026-06-01
    days on market $89,500 Active 66 DOM
17. 2026-05-31
    days on market $89,500 Active 65 DOM
18. 2026-05-30
    days on market $89,500 Active 64 DOM
19. 2026-03-16
    listed $89,500 Active 1080-char remark

    Show marketing remark (1080 chars)

    This beautifully updated 2-bedroom, 2-bath home offers modern comfort in the desirable Sunnyside Acres Mobile Home Park. The remodel created a bright open-concept layout connecting the brand-new kitchen, dining area, and spacious living room—perfect for everyday living and entertaining. The new kitchen features sleek cabinetry, a new stove, built-in microwave, and dishwasher. Additional upgrades include luxury vinyl plank flooring, fresh interior and exterior paint, and updated bathrooms, with a brand-new A/C unit coming soon. Washer and dryer are included for added convenience. Both bedrooms have private bathroom access, creating a comfortable dual-suite layout ideal for guests or shared living. Located on a quiet cul-de-sac with no rear neighbors, the home also offers yard space for relaxing or gardening plus a storage shed for extra storage. Affordable space rent includes water, sewer, garbage, and access to community amenities, making this a low-maintenance and budget-friendly option. Don't miss this turnkey home in a peaceful, well-maintained community!

20. 2026-03-16
    listed $89,500 Active

    Show marketing remark (1080 chars)

    This beautifully updated 2-bedroom, 2-bath home offers modern comfort in the desirable Sunnyside Acres Mobile Home Park. The remodel created a bright open-concept layout connecting the brand-new kitchen, dining area, and spacious living room—perfect for everyday living and entertaining. The new kitchen features sleek cabinetry, a new stove, built-in microwave, and dishwasher. Additional upgrades include luxury vinyl plank flooring, fresh interior and exterior paint, and updated bathrooms, with a brand-new A/C unit coming soon. Washer and dryer are included for added convenience. Both bedrooms have private bathroom access, creating a comfortable dual-suite layout ideal for guests or shared living. Located on a quiet cul-de-sac with no rear neighbors, the home also offers yard space for relaxing or gardening plus a storage shed for extra storage. Affordable space rent includes water, sewer, garbage, and access to community amenities, making this a low-maintenance and budget-friendly option. Don't miss this turnkey home in a peaceful, well-maintained community!

21. 2026-03-16
    listed $89,500 Active

    Show marketing remark (1080 chars)

    This beautifully updated 2-bedroom, 2-bath home offers modern comfort in the desirable Sunnyside Acres Mobile Home Park. The remodel created a bright open-concept layout connecting the brand-new kitchen, dining area, and spacious living room—perfect for everyday living and entertaining. The new kitchen features sleek cabinetry, a new stove, built-in microwave, and dishwasher. Additional upgrades include luxury vinyl plank flooring, fresh interior and exterior paint, and updated bathrooms, with a brand-new A/C unit coming soon. Washer and dryer are included for added convenience. Both bedrooms have private bathroom access, creating a comfortable dual-suite layout ideal for guests or shared living. Located on a quiet cul-de-sac with no rear neighbors, the home also offers yard space for relaxing or gardening plus a storage shed for extra storage. Affordable space rent includes water, sewer, garbage, and access to community amenities, making this a low-maintenance and budget-friendly option. Don't miss this turnkey home in a peaceful, well-maintained community!

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥91°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,668
• − Mortgage interest: −$4,756
• − Property taxes: −$1,274
• − Insurance: −$424
• − Repairs & maintenance: −$853
• − Management: −$853
• − Depreciation: −$2,470
• Taxable income: $37
• Est. tax owed @ 24.0%: −$9
• After-tax cash flow: $1,378/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: Idaho Falls District
• NCES district ID: 1601530
• Math proficiency: 36% ▼ -2.00%
• Reading proficiency: 50% ▲ 1.00%
• Median HH income: $48,119
• Composite: 36.75/100
• National rank: #4581
• State rank: #54 of 92 in ID

Livability — Idaho Falls

• Score: 86/100
• State rank: #3
• US rank: #428

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Idaho Falls, ID
• County: Bonneville County · 125,162 people
• City population: 105,466
• Metro: Idaho Falls, ID
• Population (ZIP): 29,994
• Household income: $74,517
• Rent vs Own: 36.1% rent · 63.9% own
• Severe rent burden: 636.0

Population outlook (Bonneville County) Hauer SSP2

• Today (2025): 120,170 people
• By 2030: 124,993 · +4.0%
• By 2040: 134,091 · +11.6%
• By 2050: 142,122 · +18.3%
• By 2075: 157,767 · +31.3%
• By 2100: 160,316 · +33.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 19% Two or more races 9%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Italian 3% Slovak 3% Iranian 2%
• Foreign-born: 4% · Canada
• Languages at home: 86% English-only · Spanish 12% Other Indo-European 0%

Political lean MEDSL · Bonneville

• 2024 margin: Solid R (+45.4) · D 25.6% · R 71.0% · Other 3.4%
• 2008→2024 swing: -2.4pp toward R · 2008: -43.0pp · 2024: -45.4pp
• All cycles: 2024: R+45.4 2020: R+43.6 2016: R+40.2 2012: R+51.8 2008: R+43.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -201.66%
• Current HPI: 355.2953
• Rent YoY: ▲ 2.57%
• Metro: Idaho Falls, ID
• State GDP YoY: ▲ 4.51%
• F500 in state: 6

Industry mix (Fortune 500 HQ in ID)

Industry	F500 HQs	Revenue
▸Retail	1	$79B
▸Technology	1	$25B
▸Food / Agriculture	1	$6B

Price history

+0.0% since first listed

3 events — show timeline

• 2026-03-16 Listed $89,500 SRMLS
• 2026-03-16 Listed $89,500 PCTMLS
• 2026-03-16 Listed $89,500 PCTMLS