160 Rhyolite Dr · Como, CO 80432

$160,000

1 bd · 1.0 ba · 598 sqft · SingleFamily · 125 Days on market

Built 2019 5.00 ac lot Est $151k · 6% over $4/mo HOA ↓ 36% since listing

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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 +17.4/30.0
• DSCR +5.4/10.0
• ARV discount +4.9/15.0
• 1% rule +4.7/10.0
• Appreciation +3.3/10.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This little cabin in the Buffalo is the perfect starter cabin or vacation getaway. The cabin has a roomy kitchen with plenty of cabinets and room for a dining space. The interior also includes a living area a bedroom. There is also a 3/4 bath with laundry. The concrete floors are heated, so you will stay warm. Power is connected, a propane tank is on the property, and a septic holding tank is installed. A well has not been dug, but water storage is in the home for convenience. This cabin was lovingly built and built to last with a metal roof and a concrete slab foundation. It can be whatever you want it to be. All this sits on a beautiful 5 acre corner lot, level land with expansive mountain views. And, there is a concrete camper pad on the property. The Buffalo is a relaxed, quiet community with stocked fishing ponds, a natural spring for water, and several access points to National Forest and a short drive from 3 major reservoirs for great fishing. Plus, you are just a short drive from the historic town of Fairplay where you will find all the shopping, dining, and entertainment you could want. Skiing in Breck and rafting the Arkansas River are just down the road. You shouldn't miss out on this affordable, cozy, mountain getaway. These don't come along very often.

Key facts

• Metal roof
• Roomy kitchen
• 5 acre corner lot

Tags

• ROOMY KITCHEN
• HEATED CONCRETE FLOORS
• METAL ROOF
• CONCRETE SLAB FOUNDATION
• 5 ACRE CORNER LOT
• EXPANSIVE MOUNTAIN VIEWS

Property features AI

Finance

• HOA & community: The Buffalo association (self-managed); Annual association fee $50

Exterior

• Parking: 4 off-street parking spaces (total 4)
• Utilities: Electricity connected; Phone available; Propane service; Holding tank sewer
• Home design: Single family residence; One story; Unattached property; Residential rural zoning
• Construction: House structure; Frame construction with wood siding; Slab foundation; Metal roof; Built on public records (living area 598)
• Exterior features: Corner lot; Level lot; Dirt road frontage (public); Publicly maintained road

Interior

• Kitchen: Range; Microwave; Refrigerator
• Bedrooms: 1 bedroom (main level)
• Flooring: Concrete
• Bathrooms: 1 three-quarter bathroom (main level)
• Heating & cooling: Propane heating; Radiant floor heating
• Interior features: No stairs; Open floor plan; Unfurnished
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $121 ($1k/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 $156k (2.7% below list).
• Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.2% vs local median 2.2% in Como — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Park County School District No. Re-2 (rural): math 25% / reading 39% proficiency, ranked #89 of 176 in CO (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Edith Teter Elementary School (math 15% / reading 34%, grade F, #604 of 966 statewide, top 63%, 211 students, 39% FRL); South Park Middle School (math 24% / reading 44%, grade F, #106 of 270 statewide, top 42%, 98 students, 36% FRL); South Park High School (math 10% / reading 70%, grade F, #167 of 381 statewide, top 46%, 124 students, 27% FRL) — zoned schools at 34% FRL track the district average.
• Market conditions: 140 active listings in the ZIP; 144 units permitted in Park County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Park County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 125 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 3y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $140,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 125 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. 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: 0.97% ✗
• Cap rate: 7.20%
• Cash-on-cash: 3.23%
• DSCR: 1.14
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $151,294
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
178 Wesson Ln	0.73mi	1/1.0	651 (+9%)	9mo	$165,000	$253	44

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: -11.2%
• Equity multiple: 0.59×
• Total profit: $-18,222
• Equity at exit: $23,857

10-year hold

• IRR: -1.9%
• Equity multiple: 0.87×
• Total profit: $-5,875
• Equity at exit: $13,834

Cash invested: $44,800 (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 80432

• Home prices YoY: -1.3%
• Active inventory: 140
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,557 medium
• Mortgage (P&I): −$839
• Tax est. 1.5%: −$200 /mo · $2,400/yr
• Insurance: −$67
• HOA: −$4
• Vacancy / Maint / Mgmt: −$327
• Net cashflow: $121

Break-even live

Break-even rent $1,405

Max offer price $160,000

Occupancy floor 87%

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $4 · $48/yr
• Likely covers: water

Listing history 46 events

1. 2026-06-19
   days on market $160,000 Active 125 DOM
2. 2026-06-18
   days on market $160,000 Active 124 DOM
3. 2026-06-17
   days on market $160,000 Active 123 DOM
4. 2026-06-17
   days on market $160,000 Active 122 DOM
5. 2026-06-15
   days on market $160,000 Active 121 DOM
6. 2026-06-14
   days on market $160,000 Active 119 DOM
7. 2026-06-12
   days on market $160,000 Active 118 DOM
8. 2026-06-09
   days on market $160,000 Active 115 DOM
9. 2026-06-08
   days on market $160,000 Active 114 DOM
10. 2026-06-07
    days on market $160,000 Active 113 DOM
11. 2026-06-02
    days on market $160,000 Active 108 DOM
12. 2026-06-01
    days on market $160,000 Active 107 DOM
13. 2026-05-31
    days on market $160,000 Active 106 DOM
14. 2026-05-30
    days on market $160,000 Active 105 DOM
15. 2026-05-17
    price $160,000 1285-char remark

    Show marketing remark (1285 chars)

    This little cabin in the Buffalo is the perfect starter cabin or vacation getaway. The cabin has a roomy kitchen with plenty of cabinets and room for a dining space. The interior also includes a living area a bedroom. There is also a 3/4 bath with laundry. The concrete floors are heated, so you will stay warm. Power is connected, a propane tank is on the property, and a septic holding tank is installed. A well has not been dug, but water storage is in the home for convenience. This cabin was lovingly built and built to last with a metal roof and a concrete slab foundation. It can be whatever you want it to be. All this sits on a beautiful 5 acre corner lot, level land with expansive mountain views. And, there is a concrete camper pad on the property. The Buffalo is a relaxed, quiet community with stocked fishing ponds, a natural spring for water, and several access points to National Forest and a short drive from 3 major reservoirs for great fishing. Plus, you are just a short drive from the historic town of Fairplay where you will find all the shopping, dining, and entertainment you could want. Skiing in Breck and rafting the Arkansas River are just down the road. You shouldn't miss out on this affordable, cozy, mountain getaway. These don't come along very often.

16. 2026-05-17
    price $160,000 1285-char remark

    Show marketing remark (1285 chars)

    This little cabin in the Buffalo is the perfect starter cabin or vacation getaway. The cabin has a roomy kitchen with plenty of cabinets and room for a dining space. The interior also includes a living area a bedroom. There is also a 3/4 bath with laundry. The concrete floors are heated, so you will stay warm. Power is connected, a propane tank is on the property, and a septic holding tank is installed. A well has not been dug, but water storage is in the home for convenience. This cabin was lovingly built and built to last with a metal roof and a concrete slab foundation. It can be whatever you want it to be. All this sits on a beautiful 5 acre corner lot, level land with expansive mountain views. And, there is a concrete camper pad on the property. The Buffalo is a relaxed, quiet community with stocked fishing ponds, a natural spring for water, and several access points to National Forest and a short drive from 3 major reservoirs for great fishing. Plus, you are just a short drive from the historic town of Fairplay where you will find all the shopping, dining, and entertainment you could want. Skiing in Breck and rafting the Arkansas River are just down the road. You shouldn't miss out on this affordable, cozy, mountain getaway. These don't come along very often.

17. 2026-05-17
    price $160,000 1285-char remark

    Show marketing remark (1285 chars)

    This little cabin in the Buffalo is the perfect starter cabin or vacation getaway. The cabin has a roomy kitchen with plenty of cabinets and room for a dining space. The interior also includes a living area a bedroom. There is also a 3/4 bath with laundry. The concrete floors are heated, so you will stay warm. Power is connected, a propane tank is on the property, and a septic holding tank is installed. A well has not been dug, but water storage is in the home for convenience. This cabin was lovingly built and built to last with a metal roof and a concrete slab foundation. It can be whatever you want it to be. All this sits on a beautiful 5 acre corner lot, level land with expansive mountain views. And, there is a concrete camper pad on the property. The Buffalo is a relaxed, quiet community with stocked fishing ponds, a natural spring for water, and several access points to National Forest and a short drive from 3 major reservoirs for great fishing. Plus, you are just a short drive from the historic town of Fairplay where you will find all the shopping, dining, and entertainment you could want. Skiing in Breck and rafting the Arkansas River are just down the road. You shouldn't miss out on this affordable, cozy, mountain getaway. These don't come along very often.

18. 2026-02-15
    listed $170,000 Active 1285-char remark

    Show marketing remark (1285 chars)

    This little cabin in the Buffalo is the perfect starter cabin or vacation getaway. The cabin has a roomy kitchen with plenty of cabinets and room for a dining space. The interior also includes a living area a bedroom. There is also a 3/4 bath with laundry. The concrete floors are heated, so you will stay warm. Power is connected, a propane tank is on the property, and a septic holding tank is installed. A well has not been dug, but water storage is in the home for convenience. This cabin was lovingly built and built to last with a metal roof and a concrete slab foundation. It can be whatever you want it to be. All this sits on a beautiful 5 acre corner lot, level land with expansive mountain views. And, there is a concrete camper pad on the property. The Buffalo is a relaxed, quiet community with stocked fishing ponds, a natural spring for water, and several access points to National Forest and a short drive from 3 major reservoirs for great fishing. Plus, you are just a short drive from the historic town of Fairplay where you will find all the shopping, dining, and entertainment you could want. Skiing in Breck and rafting the Arkansas River are just down the road. You shouldn't miss out on this affordable, cozy, mountain getaway. These don't come along very often.

19. 2026-02-14
    listed $170,000 Active 1285-char remark

    Show marketing remark (1285 chars)

    This little cabin in the Buffalo is the perfect starter cabin or vacation getaway. The cabin has a roomy kitchen with plenty of cabinets and room for a dining space. The interior also includes a living area a bedroom. There is also a 3/4 bath with laundry. The concrete floors are heated, so you will stay warm. Power is connected, a propane tank is on the property, and a septic holding tank is installed. A well has not been dug, but water storage is in the home for convenience. This cabin was lovingly built and built to last with a metal roof and a concrete slab foundation. It can be whatever you want it to be. All this sits on a beautiful 5 acre corner lot, level land with expansive mountain views. And, there is a concrete camper pad on the property. The Buffalo is a relaxed, quiet community with stocked fishing ponds, a natural spring for water, and several access points to National Forest and a short drive from 3 major reservoirs for great fishing. Plus, you are just a short drive from the historic town of Fairplay where you will find all the shopping, dining, and entertainment you could want. Skiing in Breck and rafting the Arkansas River are just down the road. You shouldn't miss out on this affordable, cozy, mountain getaway. These don't come along very often.

20. 2026-02-14
    listed $170,000 Active 1285-char remark

    Show marketing remark (1285 chars)

    This little cabin in the Buffalo is the perfect starter cabin or vacation getaway. The cabin has a roomy kitchen with plenty of cabinets and room for a dining space. The interior also includes a living area a bedroom. There is also a 3/4 bath with laundry. The concrete floors are heated, so you will stay warm. Power is connected, a propane tank is on the property, and a septic holding tank is installed. A well has not been dug, but water storage is in the home for convenience. This cabin was lovingly built and built to last with a metal roof and a concrete slab foundation. It can be whatever you want it to be. All this sits on a beautiful 5 acre corner lot, level land with expansive mountain views. And, there is a concrete camper pad on the property. The Buffalo is a relaxed, quiet community with stocked fishing ponds, a natural spring for water, and several access points to National Forest and a short drive from 3 major reservoirs for great fishing. Plus, you are just a short drive from the historic town of Fairplay where you will find all the shopping, dining, and entertainment you could want. Skiing in Breck and rafting the Arkansas River are just down the road. You shouldn't miss out on this affordable, cozy, mountain getaway. These don't come along very often.

21. 2024-04-10
    soldstatus $140,000 Closed
22. 2024-04-10
    soldstatus $140,000 Sold
23. 2024-04-10
    soldstatus $140,000 Closed
24. 2024-03-14
    status Pending
25. 2024-03-14
    status Pending
26. 2024-03-13
    status Pending
27. 2024-01-08
    price $159,900
28. 2024-01-07
    price $159,900
29. 2024-01-07
    price $159,900
30. 2023-11-18
    price $169,900
31. 2023-11-18
    price $169,900
32. 2023-11-18
    price $169,900
33. 2023-09-17
    price $185,000
34. 2023-09-17
    price $185,000
35. 2023-09-17
    price $185,000
36. 2023-09-09
    price $219,900
37. 2023-09-09
    price $219,900
38. 2023-09-09
    price $219,900
39. 2023-08-25
    status Active
40. 2023-08-16
    historical
41. 2023-08-08
    price $239,900
42. 2023-08-08
    price $239,900
43. 2023-08-08
    price $239,900
44. 2023-07-23
    listed $249,900 Active
45. 2023-07-23
    listed $249,900 Active
46. 2023-07-23
    listed $249,900 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

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 1/10 Low 8 d/yr ≥80°F today · 22 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,688
• − Mortgage interest: −$8,962
• − Property taxes: −$2,400
• − Insurance: −$800
• − Repairs & maintenance: −$1,495
• − Management: −$1,495
• − HOA: −$48
• − Depreciation: −$4,655
• Taxable loss: −$1,167
• Est. tax savings @ 24.0%: +$280
• After-tax cash flow: $1,727/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: Park County School District No. Re-2
• NCES district ID: 0803840
• Math proficiency: 25% ▲ 6.00%
• Reading proficiency: 39% ▲ 2.00%
• Median HH income: $51,367
• Composite: 30.72/100
• National rank: #11416
• State rank: #89 of 176 in CO

Livability — Como

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 309

Population outlook (Park County) Hauer SSP2

• Today (2025): 17,411 people
• By 2030: 17,584 · +1.0%
• By 2040: 17,261 · -0.9%
• By 2050: 16,115 · -7.4%
• By 2075: 14,174 · -18.6%
• By 2100: 11,928 · -31.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Asian 27% Black 4%
• Common ancestry: Serbian 16% Romanian 13%
• Foreign-born: 21% · Canada, Dominican Republic
• Languages at home: 90% English-only · Other Indo-European 5% Tagalog/Filipino 5%

Political lean MEDSL · Park

• 2024 margin: R (+16.5) · D 40.2% · R 56.7% · Other 3.1%
• 2008→2024 swing: -9.6pp toward R · 2008: -6.9pp · 2024: -16.5pp
• All cycles: 2024: R+16.5 2020: R+17.0 2016: R+26.4 2012: R+15.1 2008: R+6.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -3.35%
• Current HPI: 255.2617
• 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

-36.0% since first listed

32 events — show timeline

• 2026-05-17 Price Changed $160,000 IRES
• 2026-05-17 Price Changed $160,000 SAR
• 2026-05-17 Price Changed $160,000 REColorado as Distributed by MLS Grid
• 2026-02-15 Listed $170,000 SAR
• 2026-02-14 Listed $170,000 REColorado as Distributed by MLS Grid
• 2026-02-14 Listed $170,000 IRES
• 2024-04-10 Sold (MLS) $140,000 SAR
• 2024-04-10 Sold (MLS) $140,000 IRES
• 2024-04-10 Sold (MLS) $140,000 REColorado as Distributed by MLS Grid
• 2024-03-14 Pending — IRES
• 2024-03-14 Pending — SAR
• 2024-03-13 Pending — REColorado as Distributed by MLS Grid
• 2024-01-08 Price Changed $159,900 SAR
• 2024-01-07 Price Changed $159,900 IRES
• 2024-01-07 Price Changed $159,900 REColorado as Distributed by MLS Grid
• 2023-11-18 Price Changed $169,900 SAR
• 2023-11-18 Price Changed $169,900 IRES
• 2023-11-18 Price Changed $169,900 REColorado as Distributed by MLS Grid
• 2023-09-17 Price Changed $185,000 REColorado as Distributed by MLS Grid
• 2023-09-17 Price Changed $185,000 SAR
• 2023-09-17 Price Changed $185,000 IRES
• 2023-09-09 Price Changed $219,900 REColorado as Distributed by MLS Grid
• 2023-09-09 Price Changed $219,900 SAR
• 2023-09-09 Price Changed $219,900 IRES
• 2023-08-25 Relisted — SAR
• 2023-08-16 Delisted — SAR
• 2023-08-08 Price Changed $239,900 REColorado as Distributed by MLS Grid
• 2023-08-08 Price Changed $239,900 SAR
• 2023-08-08 Price Changed $239,900 IRES
• 2023-07-23 Listed $249,900 SAR
• 2023-07-23 Listed $249,900 IRES
• 2023-07-23 Listed $249,900 REColorado as Distributed by MLS Grid