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4835 Aspen St
C+ Composite 63.33
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
  • Condition / age +4.0/5.0
  • Schools +3.8/10.0
  • Livability +3.7/5.0
  • Rent growth +1.9/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$175,000

4835 Aspen St · Firestone, CO 80504
3 bd · 2.0 ba · 1,612 sqft · Manufactured · 62 Days on market
Built 2022 Good condition Est $148k · 18% over ↓ 3% since listing

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

Listing remarks MLS

Single-story living Built in 2022 Bonus room + shed Near parks, golf, and I-254835 Aspen St in Firestone offers a 3 bed, 2 bath manufactured home with 1,612 sq ft of single-level living in the Eagle Crest Manufactured Home Park. Built in 2022, this home features an open floor plan with connected living, dining, and kitchen areas designed for efficient flow. Split-bedroom layout provides separation between the primary suite and secondary bedrooms.Primary suite includes an attached bath and a patio door that opens to a small deck. Also included are two additional bedrooms, an additional bathroom, a mud room at the back door, and a large bonus room offering flexible use for home office, media, or hobby space. Interior layout supports a variety of functional needs without stairs.Exterior features include a storage shed and off-street parking with space for up to three vehicles. Exterior landscaping is immaculate.Located near Firestone Regional Sports Complex (approx. 1-2 mi), Saddleback Golf Club (approx. 2-3 mi), and King Soopers (approx. 2-3 mi). Convenient access to I-25 (approx. 3-5 mi) supports commuting to Longmont, Denver, and surrounding areas. Nearby parks and open space provide additional recreation options.Includes video tour and floor plan for additional property details and layout reference.?? Nearby Amenities (approximate distances)Firestone Regional Sports Complex (1-2 mi)Saddleback Golf Club (2-3 mi)King Soopers (2-3 mi)I-25 access (3-5 mi)Downtown Longmont (10-15 min drive)

Key facts

  • 3 parking spots
  • Built 2022
  • Listed 62 days

Property features AI

Finance

  • Other: Taxes and parcel details recorded (financial specifics excluded per instructions)
  • Financial info: Month-to-month lease information available; Lease amount listed at $1,205 (if applicable)
  • HOA & community: Property is in a land-lease park (Eagle Crest) with a monthly land lease; Monthly land lease: $910 (lease expiration listed in records)

Exterior

  • Parking: 3 off-street parking spaces (total 3 parking spaces)
  • Utilities: Public sewer
  • Home design: Manufactured home in park; Manufactured home model: Bel/Bele; Faces south; Individual ownership
  • Construction: Wood siding; Composition roof; Vinyl skirting (manufactured home)
  • Exterior features: Deck; Small private deck off primary suite; Located in a park community (Eagle Crest)

Interior

  • Kitchen: Island; Stainless steel appliances; Gas range/stove; Microwave; Dishwasher; Disposal; Refrigerator
  • Bedrooms: 3 bedrooms, all on the main level; Primary suite with private 3/4 bathroom, 9x4 walk-in closet, ceiling fan, and patio door to a small deck; Other bedrooms include ceiling fans
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 bathrooms total: one full bathroom and one three-quarter bathroom (primary); Both bathrooms located on the main level
  • Heating & cooling: Forced air heating; Central air conditioning
  • Interior features: Ceiling fans; Kitchen island; Laminate counters; Open floorplan; Pantry; Walk-in closet(s); Double pane windows
  • Laundry & utility: Laundry room located behind the kitchen with mud room and back door access; Washer and dryer included

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 3-bed/2.0-bath manufactured listed at $175k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $864 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $175k).
  • Recommended offer: $164k (6.0% below list) — sets the bar for market timing.
  • Cap rate 12.2% vs local median 2.9% in Firestone — 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 73/100 on livability (#44 in CO) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A; Watch: amenities F, commute F, cost of living F.
  • St. Vrain Valley School District No. Re1J (suburban): math 32% / reading 51% proficiency, ranked #23 of 86 in CO (top 27%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Centennial Elementary (math 32% / reading 47%, grade F, #357 of 966 statewide, top 40%, 468 students, 33% FRL); Coal Ridge Middle School (math 23% / reading 46%, grade F, #106 of 270 statewide, top 42%, 800 students, 32% FRL); Mead High School (math 34% / reading 59%, grade D-, #137 of 381 statewide, top 36%, 1,119 students, 25% FRL) — zoned schools at 30% FRL track the district average.
  • Market conditions: Rents soft (-2.3%/yr); 534 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,170 units permitted in Weld County in 2024 (278 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.
  • Weld County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $49k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 62 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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.
Recommended offer $164,500 (6.0% below list)

Questions for the listing agent

  1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% 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. 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.
  5. 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.
  6. 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
1.50%
Cap rate
12.22%
Cash-on-cash
21.16%
DSCR
1.94
GRM
5.6

CMA / ARV

ARV (on-the-fly)
$148,304
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
10844 Belmont St N 0.13mi 3/2.0 1,512 (-6%) 6mo $162,500 $107 78
10846 Bailey St 0.09mi 3/2.0 1,404 (-13%) 9mo $125,000 $89 67
10658 Bald Eagle Cir 0.23mi 4/2.0 (+1) 1,456 (-10%) 3mo $125,000 $86 66
10686 Baily St #153 0.20mi 4/2.0 (+1) 1,456 (-10%) 6mo $127,000 $87 64
4892 Barron Cir 0.36mi 4/2.0 (+1) 1,680 (+4%) 9mo $163,400 $97 63
10655 Titan Ave 0.30mi 4/2.0 (+1) 1,568 (-3%) 18mo $145,000 $92 62
10609 Bald Eagle Cir 0.28mi 3/2.0 1,512 (-6%) 18mo $135,000 $89 62
10609 Bald Eagle Cir #371 0.29mi 3/2.0 1,512 (-6%) 18mo $135,000 $89 62
4616 Tilbury Ct 0.42mi 3/2.0 1,456 (-10%) 4mo $135,000 $93 61
10545 Bedford St #235 0.33mi 4/2.0 (+1) 1,680 (+4%) 18mo $140,000 $83 58
10655 Titan Ave #324 0.30mi 4/2.0 (+1) 1,528 (-5%) 18mo $145,000 $95 58
10600 Titan Ave 0.33mi 3/2.0 1,404 (-13%) 10mo $143,000 $102 55

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
10.2%
Equity multiple
1.39×
Total profit
$19,013
Equity at exit
$26,093
10-year hold
IRR
16.7%
Equity multiple
2.18×
Total profit
$57,844
Equity at exit
$15,131

Cash invested: $49,000 (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.

ZIP-level market 80504

Rents YoY
-2.3%
Active inventory
534
Price-to-rent
5.6×

Monthly cashflow live

Estimated rent
$2,624 high interval (Pro) →
Mortgage (P&I)
$918
Tax est. 1.5%
$219 /mo · $2,625/yr
Insurance
$73
HOA
$0
Vacancy / Maint / Mgmt
$551
Net cashflow
$864

Break-even live

Break-even rent $1,531
Max offer price $175,000
Occupancy floor 62%

Sensitivity live

Price -10% $985 -5% $924 +0% $864 +5% $803 +10% $743
Rent -10% $657 -5% $760 +0% $864 +5% $968 +10% $1,071
Rate -1.0pp $952 -0.5pp $908 base $864 +0.5pp $819 +1.0pp $772

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
$43,750
Closing costs
$5,250
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 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
10670 Jake Jabs Blvd Firestone, CO 1.0–3.0 1.0–2.0 1036 $2,595 $2.50 14d 26 0.44mi
5620 Tumbleweed Ave Firestone, CO 3.0 2.0 1747 $3,200 $1.83 22d 1 0.80mi
10910 Turner Blvd #70 Longmont, CO 3.0 2.0 1152 $1,999 $1.74 22d 1 1.03mi
10818 Cimarron St #1202 Firestone, CO 2.0 2.0 1823 $2,500 $1.37 22d 1 1.05mi
10692 Durango Pl Longmont, CO 3.0 2.0 1500 $2,395 $1.60 22d 1 1.19mi
10426 Durango Pl Longmont, CO 3.0 2.0 1500 $2,350 $1.57 22d 1 1.26mi
4347 Rangeview Cir Longmont, CO 3.0–5.0 2.0–3.0 2143 $2,995 $1.40 14d 4 1.34mi

Listing history 17 events

  1. 2026-06-18
    days on market $175,000 Active 62 DOM
  2. 2026-06-17
    days on market $175,000 Active 61 DOM
  3. 2026-06-16
    days on market $175,000 Active 60 DOM
  4. 2026-06-15
    days on market $175,000 Active 59 DOM
  5. 2026-06-14
    days on market $175,000 Active 57 DOM
  6. 2026-06-13
    days on market $175,000 Active 56 DOM
  7. 2026-06-09
    days on market $175,000 Active 53 DOM
  8. 2026-06-09
    days on market $175,000 Active 52 DOM
  9. 2026-06-07
    days on market $175,000 Active 51 DOM
  10. 2026-06-02
    days on market $175,000 Active 46 DOM
  11. 2026-06-01
    days on market $175,000 Active 45 DOM
  12. 2026-05-31
    days on market $175,000 Active 44 DOM
  13. 2026-05-30
    days on market $175,000 Active 43 DOM
  14. 2026-05-21
    listed $175,000 Active 1511-char remark
    Show marketing remark (1511 chars)

    Single-story living Built in 2022 Bonus room + shed Near parks, golf, and I-254835 Aspen St in Firestone offers a 3 bed, 2 bath manufactured home with 1,612 sq ft of single-level living in the Eagle Crest Manufactured Home Park. Built in 2022, this home features an open floor plan with connected living, dining, and kitchen areas designed for efficient flow. Split-bedroom layout provides separation between the primary suite and secondary bedrooms.Primary suite includes an attached bath and a patio door that opens to a small deck. Also included are two additional bedrooms, an additional bathroom, a mud room at the back door, and a large bonus room offering flexible use for home office, media, or hobby space. Interior layout supports a variety of functional needs without stairs.Exterior features include a storage shed and off-street parking with space for up to three vehicles. Exterior landscaping is immaculate.Located near Firestone Regional Sports Complex (approx. 1-2 mi), Saddleback Golf Club (approx. 2-3 mi), and King Soopers (approx. 2-3 mi). Convenient access to I-25 (approx. 3-5 mi) supports commuting to Longmont, Denver, and surrounding areas. Nearby parks and open space provide additional recreation options.Includes video tour and floor plan for additional property details and layout reference.?? Nearby Amenities (approximate distances)Firestone Regional Sports Complex (1-2 mi)Saddleback Golf Club (2-3 mi)King Soopers (2-3 mi)I-25 access (3-5 mi)Downtown Longmont (10-15 min drive)

  15. 2026-05-07
    price $175,000
  16. 2026-04-17
    listed $180,000 Active
  17. 2026-04-11
    historical $180,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,493
− Mortgage interest
−$9,803
− Property taxes
−$2,625
− Insurance
−$875
− Repairs & maintenance
−$2,519
− Management
−$2,519
− Depreciation
−$5,091
Taxable income
$8,060
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,935
After-tax cash flow
$8,432/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This single-story manufactured home in Firestone, CO, built in 2022, offers a good condition with a fresh exterior and interior. It's move-in ready with minor maintenance needed.

Value-add opportunities

  • Resale Paint exterior — Enhances curb appeal
  • Rental Replace carpet — Fresh carpet improves tenant satisfaction

Renovation cost estimate screening

Value-add ROI direction

  • Resale Paint exterior — Enhances curb appeal
  • Rental Replace carpet — Fresh carpet improves tenant satisfaction

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
St. Vrain Valley School District No. Re1J
NCES district ID
0805370
Math proficiency
32% ▼ -8.00%
Reading proficiency
51% ▬ 0.00%
Median HH income
$71,571
Composite
37.73/100
National rank
#4353
State rank
#23 of 86 in CO

Livability — Firestone

Score
73/100
State rank
#44
US rank
#5060

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Firestone, CO
County
Weld County · 332,652 people
City population
1,684
Metro
Greeley, CO
Population (ZIP)
63,451
Household income
$113,643
Rent vs Own
20.9% rent · 79.1% own
Severe rent burden
1028.0

Population outlook (Weld County) Hauer SSP2

Today (2025)
351,957 people
By 2030
385,304 · +9.5%
By 2040
451,818 · +28.4%
By 2050
514,478 · +46.2%
By 2075
648,733 · +84.3%
By 2100
720,400 · +104.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (68%)
Race & ethnicity
White 68% Hispanic / Latino 24% Two or more races 13% Asian 3%
Hispanic origin (detail)
Mexican 18%
Common ancestry
Lithuanian 3% Italian 2% Iranian 2%
Foreign-born
8% · Canada, Vietnam
Languages at home
84% English-only · Spanish 13% Other Asian/Pacific 1%

Political lean MEDSL · Weld

2024 margin
Strong R (+21.0) · D 38.2% · R 59.2% · Other 2.6%
2008→2024 swing
-12.2pp toward R · 2008: -8.7pp · 2024: -21.0pp
All cycles
2024: R+21.0 2020: R+18.0 2016: R+22.4 2012: R+13.2 2008: R+8.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -534.45%
Current HPI
245.1351
Rent YoY
▼ -2.34%
Metro
Greeley, CO
State GDP YoY
▲ 1.95%
F500 in state
14

Industry mix (Fortune 500 HQ in CO)

Industry F500 HQs Revenue

Price history

-2.8% since first listed
4 events — show timeline
  • 2026-05-21 Listed $175,000 IRES
  • 2026-05-07 Price Changed $175,000 REColorado as Distributed by MLS Grid
  • 2026-04-17 Listed $180,000 REColorado as Distributed by MLS Grid
  • 2026-04-11 Coming Soon $180,000 REColorado as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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