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2701 N Alder Dr #7
C+ Composite 62.09
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +3.6/5.0
  • Schools +3.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$79,000

2701 N Alder Dr #7 · Fruitland, ID 83619
2 bd · 1.0 ba · 784 sqft · Manufactured · 151 Days on market
Built 1993 Est $67k · 19% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This cute 2 bedroom 1 bath mobile home in 55+ park is ready to move in. Well cared for and immaculate open floor plan. Covered deck, ramp and shed. Located on the bus line. Easy access to shopping. 55+ mobile park. Lot rent of $420 covers water, trash and sewer. 1 Small pet acceptable.

Key facts

  • Updated pex plumbing
  • New water heater
  • Refreshed windows

Tags

NEW HVAC SYSTEMNEW WATER HEATERUPDATED PEX PLUMBINGREFRESHED WINDOWSFRESH EXTERIOR PAINTDEDICATED LAUNDRY AREA

Property features AI

Exterior

  • Parking: Carport (1 covered space); Finished driveway
  • Utilities: City water service; Sewer connected; Cable connected
  • Home design: Mobile/manufactured home on a rented lot; Built in 1993
  • Construction: HardiPlank-type siding; Accessible approach with ramp
  • Exterior features: Metal roof; Paved road access

Interior

  • Kitchen: Oven/Range (freestanding); Refrigerator; Disposal
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Carpet
  • Bathrooms: 1 bathroom
  • Heating & cooling: Forced air heating; Central air conditioning
  • Interior features: Master bath; Pantry; Accessible approach with ramp
  • Laundry & utility: Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $79k.

Deal economics

  • At list price, monthly cash flow is $499 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $79k).
  • Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.9% vs local median 2.9% in Fruitland — 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 71/100 on livability (#51 in ID) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
  • Fruitland District (town): math 33% / reading 50% proficiency, ranked #60 of 92 in ID (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Fruitland Elementary School (math 38% / reading 40%, grade F, #247 of 357 statewide, top 70%, 557 students, 45% FRL); Fruitland Middle School (math 34% / reading 52%, grade D-, #62 of 109 statewide, top 58%, 510 students, 39% FRL); Fruitland High School (math 27% / reading 62%, grade F, #61 of 169 statewide, top 41%, 542 students, 25% FRL) — zoned schools at 36% FRL track the district average.
  • Market conditions: 111 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 230 units permitted in Payette County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $546 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 151 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 4y 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.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $69,520 (12.0% below list)

Questions for the listing agent

  1. It's been on market 151 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 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?
  5. 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.
  6. 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.
  7. 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
1.67%
Cap rate
13.87%
Cash-on-cash
27.05%
DSCR
2.20
GRM
5.0

CMA / ARV

ARV (on-the-fly)
$66,640
Comps found
4
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3100 Alden Rd #25 Rd 0.34mi 2/1.0 840 (+7%) 8mo $84,900 $101 65
3100 Alden Rd #29 #29 0.33mi 2/1.0 728 (-7%) 12mo $62,000 $85 62
3100 Alden Rd Trlr. 12 Rd 0.34mi 2/1.0 728 (-7%) 15mo $55,000 $76 60
2750 Alden Rd #21 0.12mi 3/2.0 (+1) 875 (+12%) 14mo $73,500 $84 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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
21.0%
Equity multiple
1.86×
Total profit
$18,978
Equity at exit
$11,779
10-year hold
IRR
29.2%
Equity multiple
3.60×
Total profit
$57,502
Equity at exit
$6,830

Cash invested: $22,120 (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.

ZIP-level market 83619

Home prices YoY
-30.4%
Active inventory
111
Price-to-rent
5.0×

Monthly cashflow live

Estimated rent
$1,322 medium interval (Pro) →
Mortgage (P&I)
$414
Tax est. 1.5%
$99 /mo · $1,185/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$278
Net cashflow
$499

Break-even live

Break-even rent $691
Max offer price $79,000
Occupancy floor 57%

Sensitivity live

Price -10% $553 -5% $526 +0% $499 +5% $471 +10% $444
Rent -10% $394 -5% $446 +0% $499 +5% $551 +10% $603
Rate -1.0pp $538 -0.5pp $519 base $499 +0.5pp $478 +1.0pp $457

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
$19,750
Closing costs
$2,370
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1241 NE 3rd Ave Ontario, OR 2.0 1.5 1067 $1,006 $0.94 4d 1 1.12mi

Listing history 22 events

  1. 2026-06-21
    days on market $79,000 Active 151 DOM
  2. 2026-06-18
    days on market $79,000 Active 148 DOM
  3. 2026-06-17
    days on market $79,000 Active 147 DOM
  4. 2026-06-16
    days on market $79,000 Active 146 DOM
  5. 2026-06-15
    days on market $79,000 Active 145 DOM
  6. 2026-06-13
    days on market $79,000 Active 143 DOM
  7. 2026-06-13
    days on market $79,000 Active 142 DOM
  8. 2026-06-10
    days on market $79,000 Active 140 DOM
  9. 2026-06-09
    days on market $79,000 Active 139 DOM
  10. 2026-06-08
    days on market $79,000 Active 138 DOM
  11. 2026-06-07
    days on market $79,000 Active 137 DOM
  12. 2026-06-05
    days on market $79,000 Active 134 DOM
  13. 2026-06-03
    days on market $79,000 Active 133 DOM
  14. 2026-06-03
    days on market $79,000 Active 132 DOM
  15. 2026-06-01
    days on market $79,000 Active 131 DOM
  16. 2026-05-31
    days on market $79,000 Active 130 DOM
  17. 2026-05-20
    price $79,000
  18. 2026-01-21
    listed $79,500 Active
  19. 2023-03-17
    soldstatus Sold 286-char remark
    Show marketing remark (286 chars)

    This cute 2 bedroom 1 bath mobile home in 55+ park is ready to move in. Well cared for and immaculate open floor plan. Covered deck, ramp and shed. Located on the bus line. Easy access to shopping. 55+ mobile park. Lot rent of $420 covers water, trash and sewer. 1 Small pet acceptable.

  20. 2023-03-07
    status Pending 286-char remark
    Show marketing remark (286 chars)

    This cute 2 bedroom 1 bath mobile home in 55+ park is ready to move in. Well cared for and immaculate open floor plan. Covered deck, ramp and shed. Located on the bus line. Easy access to shopping. 55+ mobile park. Lot rent of $420 covers water, trash and sewer. 1 Small pet acceptable.

  21. 2022-12-02
    price $69,500 286-char remark
    Show marketing remark (286 chars)

    This cute 2 bedroom 1 bath mobile home in 55+ park is ready to move in. Well cared for and immaculate open floor plan. Covered deck, ramp and shed. Located on the bus line. Easy access to shopping. 55+ mobile park. Lot rent of $420 covers water, trash and sewer. 1 Small pet acceptable.

  22. 2022-10-11
    listed $75,000 Active 286-char remark
    Show marketing remark (286 chars)

    This cute 2 bedroom 1 bath mobile home in 55+ park is ready to move in. Well cared for and immaculate open floor plan. Covered deck, ramp and shed. Located on the bus line. Easy access to shopping. 55+ mobile park. Lot rent of $420 covers water, trash and sewer. 1 Small pet acceptable.

ⓘ 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 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 10 unhealthy d/yr today · 12 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$15,867
− Mortgage interest
−$4,425
− Property taxes
−$1,185
− Insurance
−$395
− Repairs & maintenance
−$1,269
− Management
−$1,269
− Depreciation
−$2,298
Taxable income
$5,025
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,206
After-tax cash flow
$4,778/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
Fruitland District
NCES district ID
1601140
Math proficiency
33% ▼ -8.00%
Reading proficiency
50% ▼ -6.00%
Median HH income
$47,510
Composite
35.43/100
National rank
#4933
State rank
#60 of 92 in ID

Livability — Fruitland

Score
71/100
State rank
#51
US rank
#6760

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Fruitland, ID
County
Payette County · 19,928 people
City population
8,823
Metro
Ontario, OR-ID
Population (ZIP)
8,823
Household income
$66,267
Rent vs Own
24.9% rent · 75.1% own
Severe rent burden
211.0

Population outlook (Payette County) Hauer SSP2

Today (2025)
23,392 people
By 2030
23,523 · +0.6%
By 2040
23,792 · +1.7%
By 2050
24,002 · +2.6%
By 2075
25,286 · +8.1%
By 2100
26,673 · +14.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (77%)
Race & ethnicity
White 77% Hispanic / Latino 18% Two or more races 12% Asian 1%
Hispanic origin (detail)
Mexican 17%
Common ancestry
Slovak 3% Scottish 3% Portuguese 2%
Foreign-born
7% · Canada
Languages at home
86% English-only · Spanish 14%

Political lean MEDSL · Payette

2024 margin
Solid R (+62.9) · D 17.6% · R 80.4% · Other 2.0%
2008→2024 swing
-21.4pp toward R · 2008: -41.5pp · 2024: -62.9pp
All cycles
2024: R+62.9 2020: R+59.3 2016: R+59.9 2012: R+44.0 2008: R+41.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -116.19%
Current HPI
266.5112
Rent YoY
Metro
Ontario, OR-ID
State GDP YoY
▲ 4.51%
F500 in state
6

Industry mix (Fortune 500 HQ in ID)

Industry F500 HQs Revenue

Price history

+5.3% since first listed
6 events — show timeline
  • 2026-05-20 Price Changed $79,000 IMLS
  • 2026-01-21 Listed $79,500 IMLS
  • 2023-03-17 Sold (MLS) IMLS
  • 2023-03-07 Pending IMLS
  • 2022-12-02 Price Changed $69,500 IMLS
  • 2022-10-11 Listed $75,000 IMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…