361 E Byrd Dr · Pueblo West, CO 81007

$179,900

3 bd · 2.0 ba · 891 sqft · Manufactured public records · 13 Days on market

Built 1988 7,405 sqft lot Est $182k · at est.

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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 +23.8/30.0
• ARV discount +8.0/15.0
• DSCR +7.7/10.0
• 1% rule +5.3/10.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice Mobile Home with split bedroom design! Updates have been made in recent years including newer windows and remodeled bathrooms. Fresh paint and a new hot water heater. Front covered porch expands into a carport with locked storage space. Neat location next to an open field. Fenced area from the front to the back. Shed behind the home for extra storage. Needs carpeting in 3 areas. (Master bedroom, Living room, and 3rd bedroom)

Key facts

• Front covered porch
• Locked storage space
• Fenced area

Tags

• UNIQUE CORNER LOT
• FRONT COVERED PORCH
• LOCKED STORAGE SPACE
• FENCED AREA
• EXTRA STORAGE

Property features AI

Finance

• HOA & community: No association amenities

Exterior

• Parking: No garage
• Security: Smoke detectors installed
• Utilities: Public water; Public sewer
• Home design: Residential mobile home; Single-story (main living on one level implied)
• Construction: Frame construction with wood siding; Metal roof
• Exterior features: Covered porch; Corner lot; Shed(s) on the property

Interior

• Kitchen: Disposal, Range/Oven, Dishwasher, Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Flooring: Tile flooring; Vinyl flooring
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central forced air heating (natural gas); Ceiling fan(s) and evaporative cooling
• Interior features: Ceiling fans throughout; Master bedroom on the main level; Double-pane windows
• Laundry & utility: Laundry on the main level; Basement: block (partial/unfinished indicated)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $180k.

Deal economics

• At list price, monthly cash flow is $346 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Cap rate 8.6% vs local median 3.6% in Pueblo West — 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 63/100 on livability (#189 in CO) — a middle-class / working-renter tenant base. Strengths: housing A+, employment B+; Watch: health & safety C-, schools D+, crime F.
• Pueblo County School District 70 (suburban): math 24% / reading 43% proficiency, ranked #40 of 86 in CO (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.1%/yr); 648 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 269 units permitted in Pueblo County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Pueblo County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $57k; list at $180k implies a 216% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $179,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. Crime grade is F 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?
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: 1.03% ✓
• Cap rate: 8.60%
• Cash-on-cash: 8.24%
• DSCR: 1.37
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $181,764
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
376 E Stanley Dr	0.19mi	2/2.0 (-1)	928 (+4%)	1mo	$215,000	$232	78
364 E Stanley Dr	0.22mi	3/2.0	960 (+8%)	6mo	$67,000	$70	72
825 S Tolstoi Dr	0.34mi	3/2.0	938 (+5%)	6mo	$149,900	$160	71
270 E Stewart Dr	0.34mi	2/2.0 (-1)	960 (+8%)	2mo	$235,000	$245	64
256 E Byrd Dr	0.26mi	2/2.0 (-1)	798 (-10%)	8mo	$185,000	$232	58
241 E Don Dr	0.46mi	2/1.0 (-1)	784 (-12%)	3mo	$160,000	$204	47
739 S Walton Dr	0.59mi	3/2.0	1,024 (+15%)	20mo	$190,000	$186	31
953 S Saki Dr	0.63mi	2/1.0 (-1)	1,024 (+15%)	17mo	$150,000	$146	23

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -7.0%
• Equity multiple: 0.75×
• Total profit: $-12,592
• Equity at exit: $26,824

10-year hold

• IRR: -1.2%
• Equity multiple: 0.93×
• Total profit: $-3,726
• Equity at exit: $15,554

Cash invested: $50,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 81007

• Home prices YoY: -22.9%
• Rents YoY: -0.1%
• Active inventory: 648
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,845 high
• Mortgage (P&I): −$943
• Tax from tax record: −$94 /mo · $1,125/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $346

Break-even live

Break-even rent $1,408

Max offer price $179,900

Occupancy floor 76%

Sensitivity live

Price	-10% $448	-5% $397	+0% $346	+5% $295	+10% $244
Rent	-10% $200	-5% $273	+0% $346	+5% $419	+10% $492
Rate	-1.0pp $436	-0.5pp $391	base $346	+0.5pp $299	+1.0pp $252

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
655 S Inca Dr Pueblo, CO	3.0	2.0	1008	$2,000	$1.98	14d	1	0.76mi
512 S Aguilar Dr Pueblo West, CO	1.0–2.0	1.5	825	$1,185	$1.44	14d	2	1.15mi
692 E Hahns Peak Ave Pueblo West, CO	3.0	2.0	1100	$2,000	$1.82	14d	1	1.26mi
690 E Hahns Peak Ave Pueblo, CO	3.0	2.0	1100	$2,000	$1.82	14d	1	1.26mi
82 W Baldwyn Dr #88 Pueblo, CO	3.0	2.0	1100	$1,700	$1.55	14d	1	1.36mi
82 W Baldwyn Dr Unit 86 Pueblo West, CO	3.0	2.0	1100	$1,700	$1.55	22d	1	1.36mi
667 E Clarion Dr Unit D Pueblo West, CO	2.0	1.0	900	$1,400	$1.56	14d	1	1.47mi

Listing history 11 events

1. 2026-06-21
   days on market $179,900 Active 13 DOM
2. 2026-06-19
   days on market $179,900 Active 11 DOM
3. 2026-06-18
   days on market $179,900 Active 10 DOM
4. 2026-06-17
   days on market $179,900 Active 9 DOM
5. 2026-06-16
   days on market $179,900 Active 8 DOM
6. 2026-06-15
   days on market $179,900 Active 7 DOM
7. 2026-06-14
   days on market $179,900 Active 5 DOM
8. 2026-06-13
   days on market $179,900 Active 4 DOM
9. 2026-06-10
   days on market $179,900 Active 2 DOM
10. 2026-06-09
    remarks 287-char remark
11. 2026-06-09
    listed $179,900 Active 1 DOM

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

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $1,125 · $94/mo
• Projected year-2 tax: $1,125 · $94/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 5/10 Major
• 🌡 Heat 4/10 Moderate 6 d/yr ≥96°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,145
• − Mortgage interest: −$10,077
• − Property taxes: −$1,125
• − Insurance: −$900
• − Repairs & maintenance: −$1,772
• − Management: −$1,772
• − Depreciation: −$5,233
• Taxable income: $1,266
• Est. tax owed @ 24.0%: −$304
• After-tax cash flow: $3,845/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: Pueblo County School District 70
• NCES district ID: 0806150
• Math proficiency: 24% ▼ -4.00%
• Reading proficiency: 43% ▼ -2.00%
• Median HH income: $59,438
• Composite: 29.93/100
• National rank: #6381
• State rank: #40 of 86 in CO

Livability — Pueblo West

• Score: 63/100
• State rank: #189
• US rank: #15760

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pueblo West, CO
• County: Pueblo County · 151,887 people
• Metro: Pueblo, CO
• Population (ZIP): 35,690
• Household income: $96,713
• Rent vs Own: 12.7% rent · 87.3% own
• Severe rent burden: 353.0

Population outlook (Pueblo County) Hauer SSP2

• Today (2025): 173,240 people
• By 2030: 177,716 · +2.6%
• By 2040: 185,125 · +6.9%
• By 2050: 190,642 · +10.0%
• By 2075: 201,611 · +16.4%
• By 2100: 196,443 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 29% Two or more races 11% Asian 1% Black 1%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Romanian 2% Lithuanian 2% Italian 2%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 7%

Political lean MEDSL · Pueblo

• 2024 margin: Lean R (+5.1) · D 46.2% · R 51.3% · Other 2.5%
• 2008→2024 swing: -20.1pp toward R · 2008: 15.0pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+1.7 2016: D+0.3 2012: D+13.1 2008: D+15.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -82.80%
• Current HPI: 279.191
• Rent YoY: ▼ -0.10%
• Metro: Pueblo, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

+520.3% since first listed

6 events — show timeline

• 2026-06-09 Listed $179,900 PARMLS
• 2017-07-07 Sold (Public Records) $57,000 Public Records
• 2017-07-07 Sold (MLS) $57,000 PARMLS
• 2017-06-16 Listed $59,500 PARMLS
• 1996-06-21 Sold (Public Records) $38,000 Public Records
• 1996-05-31 Sold (Public Records) $29,000 Public Records

Property tax history

+21.9%/yr

Latest (2025): $1,125 · +68.5% YoY. Source: county tax records.