585 25 1/2 Rd #197 · Grand Junction, CO 81505

$73,500

3 bd · 2.0 ba · 938 sqft · Manufactured public records · 209 Days on market

Built 1995 Est $71k · at est. $680/mo HOA · 35% of rent

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +6.1/15.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

WALLS HAVE BEEN PLASTERED & PAINTED. VERY BRIGHT & LIGHT. VAULTED CEILINGS, SPLIT BEDROOM, LARGE TUB IN MASTER. NICE COVERED PATIO, ROCK PATIO WITH BUILT IN FIRE PIT. STORAGE SHED, 2 FULL BATHS. MASTER BEDROOM HAS A WALK-IN CLOSET, LOT RENTS FOR $230.00, INCLUDES WATER, SEWER, TRASH, SECURITY, & IRRIGATION WATER.

Key facts

• Covered porch
• Split bedroom design
• One car carport

Tags

• SPLIT BEDROOM DESIGN
• COVERED PORCH
• ONE CAR CARPORT
• PARK AMENITIES
• CLUB HOUSE

Property features AI

Finance

• Other: Elevation approximately 4,500 ft; Subdivision: Paradise Park MHP
• Financial info: Land is leased
• HOA & community: Homeowners association with monthly fee of $680; HOA fee includes water, sewer and trash

Exterior

• Parking: 1-car garage; Carport
• Utilities: Public water; Sewer connected / available
• Home design: Mobile home (single wide); Residential, single-family use; North-facing
• Construction: Metal siding; Asphalt/composition roof; Built as a mobile home
• Exterior features: Covered patio/porch; Deck; Chain link fencing; Landscaped; Paved road access; Private maintained road; Private road frontage

Interior

• Kitchen: Dishwasher; Gas oven; Gas range; Microwave
• Flooring: Laminate
• Heating & cooling: Forced air heating (natural gas); Ceiling fan(s); Evaporative cooling
• Interior features: Ceiling fans; Walk-in closet(s); Window coverings; Accessible full bathroom
• Laundry & utility: Washer; Dryer; Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $74k.

Deal economics

• At list price, monthly cash flow is $403 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $74k).
• Recommended offer: $65k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 3.1% in Grand Junction — 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 79/100 on livability (#15 in CO, #2,222 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, health & safety A+, housing A; Watch: employment D+, crime F.
• Mesa County Valley School District No. 51 (suburban): math 26% / reading 38% proficiency, ranked #43 of 86 in CO (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Pomona Elementary School (math 37% / reading 42%, grade F, #357 of 966 statewide, top 40%, 347 students, 44% FRL); West Middle School (math 28% / reading 35%, grade F, #121 of 270 statewide, top 46%, 316 students, 34% FRL); Grand Junction High School (math 25% / reading 53%, grade F, #188 of 381 statewide, top 49%, 1,522 students, 36% FRL) — zoned schools at 38% FRL track the district average.
• Market conditions: Rents rising (+1.9%/yr); 226 active listings in the ZIP; 9 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; 1,014 units permitted in Mesa County in 2024 (240 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $508 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $21k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 209 days — a 12% lower offer ($65k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y ago; this cycle's ask has dropped $6k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $18k; list at $74k implies a 297% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 35% of rent.
• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $64,680 (12.0% below list)

Questions for the listing agent

1. It's been on market 209 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 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?
6. 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?
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: 2.62% ✓
• Cap rate: 12.87%
• Cash-on-cash: 23.50%
• DSCR: 2.05
• GRM: 3.2

CMA / ARV

• ARV (on-the-fly): $71,288
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
585 25 1/2 Rd #58	0.09mi	3/2.0	938 (0%)	14mo	$71,400	$76	84
585 25 1/2 Rd #216	0.05mi	3/2.0	980 (+4%)	11mo	$75,900	$77	81
585 25 1/2 Rd #64	0.11mi	3/2.0	924 (-2%)	15mo	$78,000	$84	80
585 25 1/2 Rd #249	0.11mi	2/1.0 (-1)	924 (-2%)	7mo	$43,000	$47	78
585 25 1/2 Rd #242	0.08mi	2/1.0 (-1)	980 (+4%)	7mo	$62,900	$64	74
585 25 1/2 Rd #46	0.12mi	2/2.0 (-1)	924 (-2%)	20mo	$70,000	$76	70
585 25 1/2 Rd #149	0.10mi	3/2.0	1,064 (+13%)	6mo	$77,000	$72	68
585 25 1/2 Rd #215	0.05mi	2/1.0 (-1)	924 (-2%)	22mo	$23,500	$25	67
585 25 1/2 Rd #3	0.13mi	2/2.0 (-1)	840 (-10%)	7mo	$82,900	$99	66
585 25 1/2 Rd #40	0.13mi	2/1.0 (-1)	868 (-8%)	23mo	$42,000	$48	54

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 · 1.85% rent growth · sell at horizon

5-year hold

• IRR: 14.8%
• Equity multiple: 1.58×
• Total profit: $11,963
• Equity at exit: $10,959

10-year hold

• IRR: 22.3%
• Equity multiple: 2.76×
• Total profit: $36,289
• Equity at exit: $6,355

Cash invested: $20,580 (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 81505

• Rents YoY: 1.9%
• Active inventory: 226
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,923 high
• Mortgage (P&I): −$385
• Tax from tax record: −$20 /mo · $238/yr
• Insurance: −$31
• HOA: −$680
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $403

Break-even live

Break-even rent $1,412

Max offer price $73,500

Occupancy floor 74%

Sensitivity live

Price	-10% $445	-5% $424	+0% $403	+5% $382	+10% $361
Rent	-10% $251	-5% $327	+0% $403	+5% $479	+10% $555
Rate	-1.0pp $440	-0.5pp $422	base $403	+0.5pp $384	+1.0pp $365

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: $18,375
• Closing costs: $2,205
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
108 Park Dr Unit 1 Grand Junction, CO	2.0	1.0	1027	$1,250	$1.22	14d	1	0.72mi
416 Independent Ave Grand Junction, CO	2.0	1.0	836	$1,425	$1.70	22d	1	0.73mi
2454 Window Rock Ln Unit 632 Grand Junction, CO	2.0	2.0	981	$1,960	$2.00	14d	1	0.84mi
615 Balanced Rock Way Grand Junction, CO	1.0–2.0	1.0–2.0	949	$2,030	$2.14	14d	25	0.85mi
623 Balanced Rock Way Unit 231 Grand Junction, CO	2.0	2.0	1116	$2,145	$1.92	22d	1	0.88mi
656 Market St Grand Junction, CO	2.0	1.0–2.0	812	$1,847	$2.27	14d	1	1.38mi
687 E 1/2 Rd Grand Junction, CO	1.0–3.0	1.0–2.0	995	$2,152	$2.16	14d	8	1.40mi
960 Bookcliff Ave Unit 116 Grand Junction, CO	2.0	2.0	1020	$1,200	$1.18	22d	1	1.44mi
959 Northern Way Unit 3 Grand Junction, CO	2.0	1.0	820	$1,215	$1.48	14d	1	1.47mi

HOA detail

• Monthly dues: $680 · $8,160/yr
• Likely covers: watersewertrashsecurity

Listing history 31 events

1. 2026-06-21
   days on market $73,500 Active 209 DOM
2. 2026-06-19
   days on market $73,500 Active 207 DOM
3. 2026-06-18
   days on market $73,500 Active 206 DOM
4. 2026-06-17
   days on market $73,500 Active 205 DOM
5. 2026-06-16
   days on market $73,500 Active 204 DOM
6. 2026-06-15
   days on market $73,500 Active 203 DOM
7. 2026-06-14
   days on market $73,500 Active 201 DOM
8. 2026-06-13
   days on market $73,500 Active 200 DOM
9. 2026-06-10
   days on market $73,500 Active 198 DOM
10. 2026-06-09
    days on market $73,500 Active 197 DOM
11. 2026-06-09
    price $73,500 Active 196 DOM
12. 2026-06-08
    days on market $74,500 Active 196 DOM
13. 2026-06-07
    days on market $74,500 Active 195 DOM
14. 2026-06-05
    days on market $74,500 Active 192 DOM
15. 2026-06-02
    days on market $74,500 Active 190 DOM
16. 2026-06-01
    days on market $74,500 Active 189 DOM
17. 2026-05-31
    days on market $74,500 Active 188 DOM
18. 2026-05-30
    days on market $74,500 Active 187 DOM
19. 2026-05-13
    price $74,500
20. 2026-04-10
    price $75,500
21. 2026-01-29
    price $76,500
22. 2025-12-09
    price $77,500
23. 2025-11-24
    listed $79,000 Active
24. 2025-06-11
    status Active
25. 2025-06-11
    price $89,900
26. 2025-04-18
    price $93,000
27. 2025-03-12
    price $105,000
28. 2025-02-05
    price $115,000
29. 2025-01-27
    listed $125,000 Active
30. 2005-09-23
    soldstatus $18,500 331-char remark

    Show marketing remark (331 chars)

    WALLS HAVE BEEN PLASTERED & PAINTED. VERY BRIGHT & LIGHT. VAULTED CEILINGS, SPLIT BEDROOM, LARGE TUB IN MASTER. NICE COVERED PATIO, ROCK PATIO WITH BUILT IN FIRE PIT. STORAGE SHED, 2 FULL BATHS. MASTER BEDROOM HAS A WALK-IN CLOSET, LOT RENTS FOR $230.00, INCLUDES WATER, SEWER, TRASH, SECURITY, & IRRIGATION WATER.

31. 2005-03-09
    listed $19,000 331-char remark

    Show marketing remark (331 chars)

    WALLS HAVE BEEN PLASTERED & PAINTED. VERY BRIGHT & LIGHT. VAULTED CEILINGS, SPLIT BEDROOM, LARGE TUB IN MASTER. NICE COVERED PATIO, ROCK PATIO WITH BUILT IN FIRE PIT. STORAGE SHED, 2 FULL BATHS. MASTER BEDROOM HAS A WALK-IN CLOSET, LOT RENTS FOR $230.00, INCLUDES WATER, SEWER, TRASH, SECURITY, & IRRIGATION WATER.

ⓘ 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: $238 · $20/mo
• Projected year-2 tax: $404 · $34/mo
• Expected delta: +$167/yr (+$14/mo · 70.1%)

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,072
• − Mortgage interest: −$4,117
• − Property taxes: −$238
• − Insurance: −$368
• − Repairs & maintenance: −$1,846
• − Management: −$1,846
• − HOA: −$8,160
• − Depreciation: −$2,138
• Taxable income: $4,360
• Est. tax owed @ 24.0%: −$1,046
• After-tax cash flow: $3,790/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: Mesa County Valley School District No. 51
• NCES district ID: 0804350
• Math proficiency: 26% ▲ 1.00%
• Reading proficiency: 38% ▬ 0.00%
• Median HH income: $50,189
• Composite: 27.83/100
• National rank: #6884
• State rank: #43 of 86 in CO

Livability — Grand Junction

• Score: 79/100
• State rank: #15
• US rank: #2222

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Grand Junction, CO
• County: Mesa County · 143,088 people
• City population: 113,583
• Metro: Grand Junction, CO
• Population (ZIP): 13,279
• Household income: $90,830
• Rent vs Own: 28.8% rent · 71.2% own
• Severe rent burden: 359.0

Population outlook (Mesa County) Hauer SSP2

• Today (2025): 153,000 people
• By 2030: 154,479 · +1.0%
• By 2040: 155,257 · +1.5%
• By 2050: 153,384 · +0.3%
• By 2075: 144,735 · -5.4%
• By 2100: 123,825 · -19.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Hispanic / Latino 17% Two or more races 14%
• Hispanic origin (detail): Mexican 10% Puerto Rican 1%
• Common ancestry: Lithuanian 5% Slovak 3% Iranian 3%
• Foreign-born: 5% · Canada
• Languages at home: 94% English-only · Spanish 4%

Political lean MEDSL · Mesa

• 2024 margin: Strong R (+24.3) · D 36.6% · R 61.0% · Other 2.4%
• 2008→2024 swing: +5.2pp toward D · 2008: -29.5pp · 2024: -24.3pp
• All cycles: 2024: R+24.3 2020: R+28.0 2016: R+36.3 2012: R+32.8 2008: R+29.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -163.12%
• Current HPI: 294.4896
• Rent YoY: ▲ 1.85%
• Metro: Grand Junction, 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

+292.1% since first listed

13 events — show timeline

• 2026-05-13 Price Changed $74,500 GJARA
• 2026-04-10 Price Changed $75,500 GJARA
• 2026-01-29 Price Changed $76,500 GJARA
• 2025-12-09 Price Changed $77,500 GJARA
• 2025-11-24 Listed $79,000 GJARA
• 2025-06-11 Relisted — GJARA
• 2025-06-11 Price Changed $89,900 GJARA
• 2025-04-18 Price Changed $93,000 GJARA
• 2025-03-12 Price Changed $105,000 GJARA
• 2025-02-05 Price Changed $115,000 GJARA
• 2025-01-27 Listed $125,000 GJARA
• 2005-09-23 Sold (MLS) $18,500 cren
• 2005-03-09 Listed $19,000 cren

Property tax history

+5.7%/yr

Latest (2025): $238 · +234.1% YoY. Source: county tax records.