200 W 20th St Unit A21 · Rifle, CO 81650

$111,900

2 bd · 1.0 ba · 840 sqft · SingleFamily · 199 Days on market

Built 1982

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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 +7.5/15.0
• DSCR +4.7/10.0
• 1% rule +4.2/10.0
• Livability +3.1/5.0
• 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

This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5%* down with21st Mortgage. Lot rent is $575/month. Come take a look! Buyer and anyone over 18 years old residing must be approved by the mobile home park.

Key facts

• 11x11 shed
• Fenced yard
• New roof

Tags

• NEW ROOF
• FRESH INTERIOR FLOORING
• FENCED YARD
• 11X11 SHED

Property features AI

Finance

• Other: Inclusions: Dryer, Oven, Refrigerator, Washer, Range, Dishwasher; Exclusion: Microwave; Directions: From I-70, take the Rifle exit (Exit 90), head north on CO-13 (Railroad Ave), then turn west onto the HWY 13 bypass. From the bypass, turn right into the community and follow signs to 200 W 20th St (Kings Crown Mobile Home Park).
• HOA & community: Homeowners association present; Association amenities include professional management and pets allowed for owner; Association fee includes water, trash, and sewer

Exterior

• Utilities: Association covers water, trash, and sewer
• Home design: Manufactured/mobile home (HUD model)
• Construction: Metal roof
• Exterior features: Metal roof; Not new construction; Located in the Kings Crown subdivision

Interior

• Kitchen: Range/Oven; Dishwasher; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Has cooling
• Interior features: Good condition; HUD model
• Laundry & utility: Washer; Dryer

🏷️ Possibly a rental listed for sale. The $111,900 price doesn't fit this home's estimated sale value (~$356,160) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $112k.

Deal economics

• At list price, monthly cash flow is $43 ($521/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 $103k (7.6% below list).
• Recommended offer: $98k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.8% vs local median 1.2% in Rifle — 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 61/100 on livability (#217 in CO) — a middle-class / working-renter tenant base. Strengths: housing A+; Watch: cost of living C-, amenities F, commute F.
• Garfield School District No. Re-2 (town): math 16% / reading 36% proficiency, ranked #61 of 86 in CO (top 71%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Wamsley Elementary School (math 5% / reading 27%, grade F, #781 of 966 statewide, top 82%, 395 students, 51% FRL); Rifle Middle School (math 13% / reading 22%, grade F, #219 of 270 statewide, top 81%, 623 students, 44% FRL); Rifle High School (math 22% / reading 37%, grade F, #244 of 381 statewide, top 66%, 791 students, 35% FRL) — zoned schools at 43% FRL track the district average.
• Market conditions: 137 active listings in the ZIP; 171 units permitted in Garfield County in 2024 (64 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $774 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Garfield County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 199 days — a 12% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask has dropped $18k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $72k; list at $112k implies a 55% gain — meaningful room to come down on a strong offer.

Recommended offer $98,472 (12.0% below list)

Questions for the listing agent

1. It's been on market 199 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. 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?
6. 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.
7. 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.
8. 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: 0.92% ✗
• Cap rate: 6.76%
• Cash-on-cash: 1.66%
• DSCR: 1.07
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $356,160
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
100 Cowboy Dr	0.40mi	2/2.0	820 (-2%)	1mo	$347,475	$424	73

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: -13.6%
• Equity multiple: 0.51×
• Total profit: $-15,353
• Equity at exit: $16,685

10-year hold

• IRR: -4.7%
• Equity multiple: 0.69×
• Total profit: $-9,747
• Equity at exit: $9,675

Cash invested: $31,332 (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 81650

• Home prices YoY: -23.5%
• Active inventory: 137
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,034 medium
• Mortgage (P&I): −$587
• Tax est. 1.5%: −$140 /mo · $1,678/yr
• Insurance: −$47
• HOA: −$0
• Vacancy / Maint / Mgmt: −$217
• Net cashflow: $43

Break-even live

Break-even rent $979

Max offer price $111,900

Occupancy floor 91%

Sensitivity live

Price	-10% $121	-5% $82	+0% $43	+5% $5	+10% $-34
Rent	-10% $-38	-5% $3	+0% $43	+5% $84	+10% $125
Rate	-1.0pp $100	-0.5pp $72	base $43	+0.5pp $14	+1.0pp $-15

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: $27,975
• Closing costs: $3,357
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-22
   days on market $111,900 Active 199 DOM
2. 2026-06-19
   days on market $111,900 Active 196 DOM
3. 2026-06-18
   days on market $111,900 Active 195 DOM
4. 2026-06-17
   days on market $111,900 Active 194 DOM
5. 2026-06-16
   days on market $111,900 Active 193 DOM
6. 2026-06-15
   days on market $111,900 Active 192 DOM
7. 2026-06-14
   days on market $111,900 Active 190 DOM
8. 2026-06-12
   days on market $111,900 Active 189 DOM
9. 2026-06-09
   days on market $111,900 Active 186 DOM
10. 2026-06-08
    days on market $111,900 Active 185 DOM
11. 2026-06-07
    days on market $111,900 Active 184 DOM
12. 2026-06-03
    days on market $111,900 Active 180 DOM
13. 2026-06-02
    days on market $111,900 Active 179 DOM
14. 2026-06-01
    days on market $111,900 Active 178 DOM
15. 2026-05-31
    days on market $111,900 Active 177 DOM
16. 2026-05-30
    days on market $111,900 Active 176 DOM
17. 2026-05-14
    price $111,900
18. 2026-02-02
    price $119,900
19. 2025-12-05
    listed $129,999 Active
20. 2022-08-31
    soldstatus $72,000 Closed 755-char remark

    Show marketing remark (673 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5% * down with 21st Mortgage. Lot rent is $575/month. Come take a look!

21. 2022-08-31
    soldstatus $72,000 673-char remark

    Show marketing remark (673 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5% * down with 21st Mortgage. Lot rent is $575/month. Come take a look!

22. 2022-07-30
    status Pending 755-char remark

    Show marketing remark (755 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5%* down with21st Mortgage. Lot rent is $575/month. Come take a look! Buyer and anyone over 18 years old residing must be approved by the mobile home park.

23. 2022-07-02
    status Active 755-char remark

    Show marketing remark (755 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5%* down with21st Mortgage. Lot rent is $575/month. Come take a look! Buyer and anyone over 18 years old residing must be approved by the mobile home park.

24. 2022-06-27
    status Pending 755-char remark

    Show marketing remark (755 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5%* down with21st Mortgage. Lot rent is $575/month. Come take a look! Buyer and anyone over 18 years old residing must be approved by the mobile home park.

25. 2022-06-24
    price $77,500 755-char remark

    Show marketing remark (755 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5%* down with21st Mortgage. Lot rent is $575/month. Come take a look! Buyer and anyone over 18 years old residing must be approved by the mobile home park.

26. 2022-05-20
    status Active 755-char remark

    Show marketing remark (755 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5%* down with21st Mortgage. Lot rent is $575/month. Come take a look! Buyer and anyone over 18 years old residing must be approved by the mobile home park.

27. 2022-05-17
    status Pending 755-char remark

    Show marketing remark (755 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5%* down with21st Mortgage. Lot rent is $575/month. Come take a look! Buyer and anyone over 18 years old residing must be approved by the mobile home park.

28. 2022-04-04
    listed $80,000 Active 755-char remark

    Show marketing remark (673 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5% * down with 21st Mortgage. Lot rent is $575/month. Come take a look!

29. 2022-04-04
    listed $77,500 673-char remark

    Show marketing remark (673 chars)

    This 2 bedroom, 1 bath mobile home sits on a large lot on a cul de sac with no neighbors behind it in King's Crown Park Mobile Home Park. Notice the many upgrades---New metal roof, tiled shower in bathroom and new flooring in kitchen and bathroom were added in 2020----water heater new in 2018--New evaporative window cooler installed in 2021. Notice also the bonus storage room off the hallway across from the washer and dryer and the mudroom as you enter the home. The 11 x 11 shed in the backyard stays along with the surveillance cameras. This home could be yours with financing for as little as 5% * down with 21st Mortgage. Lot rent is $575/month. Come take a look!

ⓘ 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: $12,406
• − Mortgage interest: −$6,268
• − Property taxes: −$1,678
• − Insurance: −$560
• − Repairs & maintenance: −$992
• − Management: −$992
• − Depreciation: −$3,255
• Taxable loss: −$1,341
• Est. tax savings @ 24.0%: +$322
• After-tax cash flow: $842/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: Garfield School District No. Re-2
• NCES district ID: 0806240
• Math proficiency: 16% ▼ -7.00%
• Reading proficiency: 36% ▼ -1.00%
• Median HH income: $60,207
• Composite: 23.78/100
• National rank: #7811
• State rank: #61 of 86 in CO

Livability — Rifle

• Score: 61/100
• State rank: #217
• US rank: #17329

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rifle, CO
• Population (ZIP): 14,071

Population outlook (Garfield County) Hauer SSP2

• Today (2025): 61,756 people
• By 2030: 63,255 · +2.4%
• By 2040: 64,952 · +5.2%
• By 2050: 64,937 · +5.2%
• By 2075: 62,413 · +1.1%
• By 2100: 55,730 · -9.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (54%)
• Race & ethnicity: White 54% Hispanic / Latino 41% Two or more races 19%
• Hispanic origin (detail): Mexican 31% Puerto Rican 1%
• Common ancestry: Portuguese 3% Slovak 2% Lithuanian 2%
• Foreign-born: 14% · Canada
• Languages at home: 72% English-only · Spanish 27% French/Haitian/Cajun 1%

Political lean MEDSL · Garfield

• 2024 margin: Toss-up / Even · D 49.8% · R 47.7% · Other 2.5%
• 2008→2024 swing: +2.1pp toward D · 2008: -0.0pp · 2024: 2.1pp
• All cycles: 2024: D+2.1 2020: D+2.3 2016: R+7.1 2012: R+4.9 2008: R+0.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -170.08%
• Current HPI: 553.9863
• Rent YoY: —
• Metro: —
• 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

+39.9% since first listed

13 events — show timeline

• 2026-05-14 Price Changed $111,900 AGMLS
• 2026-02-02 Price Changed $119,900 AGMLS
• 2025-12-05 Listed $129,999 AGMLS
• 2022-08-31 Sold (MLS) $72,000 GJARA
• 2022-08-31 Sold (MLS) $72,000 AGMLS
• 2022-07-30 Pending — AGMLS
• 2022-07-02 Relisted — AGMLS
• 2022-06-27 Pending — AGMLS
• 2022-06-24 Price Changed $77,500 AGMLS
• 2022-05-20 Relisted — AGMLS
• 2022-05-17 Pending — AGMLS
• 2022-04-04 Listed $77,500 GJARA
• 2022-04-04 Listed $80,000 AGMLS