3340 W Cody Lane Ln Unit 209 / 211 · Teton Village, WY 83025

$20,000

2 bd · 2.0 ba · 1,400 sqft · SingleFamily · 215 Days on market

Built 2001 $654/mo HOA · 52% of rent ↓ 43% 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 +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.9/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Key facts

• Garage
• Built 2001
• Listed 214 days

Property features AI

Finance

• HOA & community: Homeowners association with annual fee; Annual association fee of $7,844 (approximately $653.67/month); Tennis courts in the community; Subdivision: Teton Club

Exterior

• Parking: Detached or on-site garage with 1 garage space
• Utilities: Private water; Private sewer
• Home design: Residential co-ownership (co-ownership property)
• Construction: Stone and wood siding exterior
• Exterior features: Balcony; Landscaped grounds; Sloped lot; Has view; Spa / hot tub

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning
• Interior features: Furnished; No basement

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $20k.

Deal economics

• At list price, monthly cash flow is $192 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $20k).
• Recommended offer: $18k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#114 in WY) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, crime A; Watch: schools F, amenities F, commute F.
• Teton County School District #1 (town): math 50% / reading 61% proficiency, ranked #14 of 41 in WY (top 34%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 17% free/reduced lunch — higher-income household profile.
• Market conditions: 54 active listings in the ZIP; 116 units permitted in Teton County in 2024 (10 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($138 loan paydown + $2k appreciation (10.0% local appreciation)).
• Teton County population projected at +45% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $6k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 215 days — a 12% lower offer ($18k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: HOA is 52% of rent.

Recommended offer $17,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 215 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 6.23% ✓
• Cap rate: 17.81%
• Cash-on-cash: 41.15%
• DSCR: 2.83
• GRM: 1.3

CMA / ARV

• ARV (on-the-fly): $60,200
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3340 W Cody Ln #102	0.00mi	2/2.0	1,400 (0%)	2mo	$60,000	$43	98
3340 W Cody Ln #108	0.00mi	2/2.0	1,400 (0%)	4mo	$50,000	$36	97
3340 Cody Ln	0.02mi	2/2.0	1,400 (0%)	3mo	$17,000	$12	96
3340 W Cody Ln #405	0.00mi	2/2.0	1,400 (0%)	7mo	$250,000	$179	94
3340 W Cody Ln #208	0.00mi	2/2.0	1,400 (0%)	8mo	$72,500	$52	94
3340 W Cody Ln #311	0.00mi	2/2.0	1,400 (0%)	9mo	$40,000	$29	92
3340 W Cody Ln #305	0.00mi	2/2.0	1,400 (0%)	10mo	$12,500	$9	92
3340 W Cody Ln #211	0.00mi	2/2.0	1,400 (0%)	12mo	$150,000	$107	90
3340 W Cody Ln #306	0.00mi	2/2.0	1,400 (0%)	15mo	$200,000	$143	88
3340 W Cody Dr #308	0.00mi	2/2.0	1,400 (0%)	23mo	$30,000	$21	81

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 56.9%
• Equity multiple: 5.20×
• Total profit: $23,543
• Equity at exit: $18,018

10-year hold

• IRR: 50.8%
• Equity multiple: 11.81×
• Total profit: $60,549
• Equity at exit: $38,856

Cash invested: $5,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Wyoming: 90 Strongly Landlord-Friendly · R+25
• County: — inherits STATE
• City: — inherits STATE

3-day notice; strongly landlord-favorable; small market.

Methodology + full state rankings →

ZIP-level market 83025

• Home prices YoY: 6.9%
• Active inventory: 54
• Price-to-rent: 1.3×

Monthly cashflow live

• Estimated rent: $1,246 medium
• Mortgage (P&I): −$105
• Tax est. 1.5%: −$25 /mo · $300/yr
• Insurance: −$8
• HOA: −$654
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $192

Break-even live

Break-even rent $1,003

Max offer price $20,000

Occupancy floor 80%

Sensitivity live

Price	-10% $206	-5% $199	+0% $192	+5% $185	+10% $178
Rent	-10% $94	-5% $143	+0% $192	+5% $241	+10% $290
Rate	-1.0pp $202	-0.5pp $197	base $192	+0.5pp $187	+1.0pp $182

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: $5,000
• Closing costs: $600
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $654 · $7,848/yr

Listing history 19 events

1. 2026-06-21
   days on market $20,000 Active 215 DOM
2. 2026-06-19
   days on market $20,000 Active 213 DOM
3. 2026-06-18
   days on market $20,000 Active 212 DOM
4. 2026-06-17
   days on market $20,000 Active 211 DOM
5. 2026-06-16
   days on market $20,000 Active 210 DOM
6. 2026-06-15
   days on market $20,000 Active 209 DOM
7. 2026-06-14
   days on market $20,000 Active 207 DOM
8. 2026-06-12
   days on market $20,000 Active 206 DOM
9. 2026-06-09
   days on market $20,000 Active 203 DOM
10. 2026-06-08
    days on market $20,000 Active 202 DOM
11. 2026-06-07
    days on market $20,000 Active 201 DOM
12. 2026-06-05
    days on market $20,000 Active 199 DOM
13. 2026-06-04
    days on market $20,000 Active 197 DOM
14. 2026-06-02
    days on market $20,000 Active 196 DOM
15. 2026-06-01
    days on market $20,000 Active 195 DOM
16. 2026-05-31
    days on market $20,000 Active 194 DOM
17. 2026-05-31
    days on market $20,000 Active 193 DOM
18. 2026-05-01
    price $20,000
19. 2025-11-17
    listed $35,000 Active

ⓘ 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

• 🌡 Heat 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,950
• − Mortgage interest: −$1,120
• − Property taxes: −$300
• − Insurance: −$100
• − Repairs & maintenance: −$1,196
• − Management: −$1,196
• − HOA: −$7,848
• − Depreciation: −$582
• Taxable income: $2,608
• Est. tax owed @ 24.0%: −$626
• After-tax cash flow: $1,678/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: Teton County School District #1
• NCES district ID: 5605830
• Math proficiency: 50% ▼ -4.00%
• Reading proficiency: 61% ▬ 0.00%
• Median HH income: $72,180
• Composite: 49.42/100
• National rank: #2009
• State rank: #14 of 41 in WY

Livability — Teton Village

• Score: 61/100
• State rank: #114
• US rank: #17992

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Teton Village, WY
• City population: 999
• Population (ZIP): 999

Population outlook (Teton County) Hauer SSP2

• Today (2025): 28,568 people
• By 2030: 31,172 · +9.1%
• By 2040: 36,190 · +26.7%
• By 2050: 41,386 · +44.9%
• By 2075: 53,808 · +88.4%
• By 2100: 64,731 · +126.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Hispanic / Latino 5%
• Common ancestry: Slovak 10% Serbian 5% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 4% German/W. Germanic 0%

Political lean MEDSL · Teton

• 2024 margin: Solid D (+35.3) · D 66.9% · R 31.6% · Other 1.5%
• 2008→2024 swing: +11.7pp toward D · 2008: 23.6pp · 2024: 35.3pp
• All cycles: 2024: D+35.3 2020: D+37.5 2016: D+27.9 2012: D+11.9 2008: D+23.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 16.47%
• Current HPI: 254.0687
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-42.9% since first listed

2 events — show timeline

• 2026-05-01 Price Changed $20,000 TBOR
• 2025-11-17 Listed $35,000 TBOR