2701 N Alder Dr #7 · Fruitland, ID
Flood risk 1/10 · Minimal
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- —
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $584 – $1,086
Heat risk 5/10 · Moderate
- Hot days now (above 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 7/10 · Major
- Unhealthy air days now
- 10 days/yr
- Unhealthy air days in 30 yrs
- 12 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- IRR
- 21.0%
- Equity multiple
- 1.86×
- Total profit
- $18,978
- Equity at exit
- $11,779
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-21days on market $79,000 Active 151 DOM
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2026-06-18days on market $79,000 Active 148 DOM
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2026-06-17days on market $79,000 Active 147 DOM
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2026-06-16days on market $79,000 Active 146 DOM
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2026-06-15days on market $79,000 Active 145 DOM
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2026-06-13days on market $79,000 Active 143 DOM
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2026-06-13days on market $79,000 Active 142 DOM
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2026-06-10days on market $79,000 Active 140 DOM
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2026-06-09days on market $79,000 Active 139 DOM
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2026-06-08days on market $79,000 Active 138 DOM
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2026-06-07days on market $79,000 Active 137 DOM
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2026-06-05days on market $79,000 Active 134 DOM
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2026-06-03days on market $79,000 Active 133 DOM
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2026-06-03days on market $79,000 Active 132 DOM
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2026-06-01days on market $79,000 Active 131 DOM
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2026-05-31days on market $79,000 Active 130 DOM
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2026-05-20price $79,000
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2026-01-21$79,500 Active
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2023-03-17soldstatus 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.
-
2023-03-07status 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.
-
2022-12-02price $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.
-
2022-10-11$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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Retail | 1 | $79B |
|
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| Technology | 1 | $25B |
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| Food / Agriculture | 1 | $6B |
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Price history
+5.3% since first listed6 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
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…