883 N 900 E · Price, UT 84501

$225,000

3 bd · 1.0 ba · 952 sqft · Other public records · 75 Days on market

Built 1955 8,712 sqft lot ↓ 2% since listing

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +3.9/30.0
• Livability +3.5/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming mid-century bungalow, showcasing plenty of period personality. Featuring three bedrooms and one bath, this home also offers abundant storage and a large backyard. Well-maintained and ready for you to move in, the basement includes the third bedroom and is plumbed for a second bathroom. Having had only one owner and the windows and roof updated in 2021, this home provides peace of mind and energy efficiency. With plenty of room to grow and personalize, this bungalow invites you to make it your own and create lasting memories in a space that truly feels like a treasure. Square footage figures are provided as a courtesy estimate only and were obtained from County records. Buyer is advised to obtain an independent measurement.

Key facts

• Updated windows
• Large backyard
• Updated roof

Tags

• LARGE BACKYARD
• ABUNDANT STORAGE
• PLUMBED FOR SECOND BATHROOM
• UPDATED WINDOWS
• UPDATED ROOF

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $225k.

Deal economics

• At list price, monthly cash flow is $-638 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $112k (50.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $90k (60.2% below list).
• Recommended offer: $90k (60.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#102 in UT) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools C-, amenities F, commute F.
• Carbon District (town): math 36% / reading 43% proficiency, ranked #53 of 80 in UT (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 146 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 196 units permitted in Carbon County in 2024 (168 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Carbon County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($212k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $89,560 (60.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 60% concession, seller financing, or rate buy-down credit?
3. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.40% ✗
• Cap rate: 2.89%
• Cash-on-cash: -12.15%
• DSCR: 0.46
• GRM: 20.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -38.8%
• Equity multiple: -0.23×
• Total profit: $-77,194
• Equity at exit: $33,548

10-year hold

• IRR: -60.3%
• Equity multiple: -0.90×
• Total profit: $-119,991
• Equity at exit: $19,454

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 86 Strongly Landlord-Friendly
• State Utah: 86 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

3-day notice; preempted; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 84501

• Active inventory: 146
• Price-to-rent: 20.9×

Monthly cashflow live

• Estimated rent: $896 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$72 /mo · $859/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$188
• Net cashflow: $-638

Break-even live

Break-even rent $1,703

Max offer price $112,338

Occupancy floor —

Sensitivity live

Price	-10% $-510	-5% $-574	+0% $-638	+5% $-701	+10% $-765
Rent	-10% $-709	-5% $-673	+0% $-638	+5% $-602	+10% $-567
Rate	-1.0pp $-524	-0.5pp $-581	base $-638	+0.5pp $-696	+1.0pp $-755

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
341 E 7th N Price, UT	2.0	1.0	712	$850	$1.19	24d	1	0.46mi
825 N 100 E #3 Price, UT	2.0	1.0	700	$850	$1.21	22d	1	0.62mi
131 E 300 N Unit 1 Price, UT	2.0	1.0	620	$1,090	$1.76	15d	1	0.95mi
146 N 100 E Price, UT	2.0	1.0	1100	$800	$0.73	22d	1	1.12mi
109 S 500 E Price, UT	2.0	1.0	817	$995	$1.22	22d	1	1.21mi

Listing history 16 events

1. 2026-06-18
   days on market $225,000 Active 75 DOM
2. 2026-06-17
   days on market $225,000 Active 74 DOM
3. 2026-06-16
   days on market $225,000 Active 73 DOM
4. 2026-06-15
   days on market $225,000 Active 72 DOM
5. 2026-06-14
   days on market $225,000 Active 70 DOM
6. 2026-06-10
   days on market $225,000 Active 67 DOM
7. 2026-06-09
   days on market $225,000 Active 66 DOM
8. 2026-06-08
   days on market $225,000 Active 65 DOM
9. 2026-06-07
   pricedays on market $225,000 Active 64 DOM
10. 2026-06-03
    days on market $239,000 Active 60 DOM
11. 2026-06-02
    days on market $239,000 Active 59 DOM
12. 2026-06-01
    days on market $239,000 Active 58 DOM
13. 2026-05-31
    days on market $239,000 Active 57 DOM
14. 2026-05-31
    days on market $239,000 Active 56 DOM
15. 2026-04-30
    price $239,000 760-char remark

    Show marketing remark (760 chars)

    Welcome to this charming mid-century bungalow, showcasing plenty of period personality. Featuring three bedrooms and one bath, this home also offers abundant storage and a large backyard. Well-maintained and ready for you to move in, the basement includes the third bedroom and is plumbed for a second bathroom. Having had only one owner and the windows and roof updated in 2021, this home provides peace of mind and energy efficiency. With plenty of room to grow and personalize, this bungalow invites you to make it your own and create lasting memories in a space that truly feels like a treasure. Square footage figures are provided as a courtesy estimate only and were obtained from County records. Buyer is advised to obtain an independent measurement.

16. 2026-04-04
    listed $245,000 Active 760-char remark

    Show marketing remark (760 chars)

    Welcome to this charming mid-century bungalow, showcasing plenty of period personality. Featuring three bedrooms and one bath, this home also offers abundant storage and a large backyard. Well-maintained and ready for you to move in, the basement includes the third bedroom and is plumbed for a second bathroom. Having had only one owner and the windows and roof updated in 2021, this home provides peace of mind and energy efficiency. With plenty of room to grow and personalize, this bungalow invites you to make it your own and create lasting memories in a space that truly feels like a treasure. Square footage figures are provided as a courtesy estimate only and were obtained from County records. Buyer is advised to obtain an independent measurement.

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

Tax reassessment forecast UT · Resets to sale price

• Current annual tax: $859 · $72/mo
• Projected year-2 tax: $1,485 · $124/mo
• Expected delta: +$626/yr (+$52/mo · 72.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 4/10 Moderate 6 d/yr ≥92°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,747
• − Mortgage interest: −$12,603
• − Property taxes: −$859
• − Insurance: −$1,125
• − Repairs & maintenance: −$860
• − Management: −$860
• − Depreciation: −$6,545
• Taxable loss: −$12,106
• Est. tax savings @ 24.0%: +$2,905
• After-tax cash flow: $-4,748/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: Carbon District
• NCES district ID: 4900150
• Math proficiency: 36% ▼ -7.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $45,189
• Composite: 33.6/100
• National rank: #5416
• State rank: #53 of 80 in UT

Livability — Price

• Score: 69/100
• State rank: #102
• US rank: #8877

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Price, UT
• Population (ZIP): 13,002

Population outlook (Carbon County) Hauer SSP2

• Today (2025): 18,972 people
• By 2030: 18,081 · -4.7%
• By 2040: 16,260 · -14.3%
• By 2050: 14,895 · -21.5%
• By 2075: 13,123 · -30.8%
• By 2100: 13,066 · -31.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 14% Two or more races 7%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Italian 3% Scottish 2% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 6% Other Indo-European 1%

Political lean MEDSL · Carbon

• 2024 margin: Solid R (+44.4) · D 26.7% · R 71.1% · Other 2.1%
• 2008→2024 swing: -36.4pp toward R · 2008: -8.0pp · 2024: -44.4pp
• All cycles: 2024: R+44.4 2020: R+45.9 2016: R+44.6 2012: R+36.4 2008: R+8.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.96%
• Current HPI: 222.2891
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.54%
• F500 in state: 2

Industry mix (Fortune 500 HQ in UT)

Industry	F500 HQs	Revenue
▸Financial Services	1	$3B

Price history

-2.4% since first listed

2 events — show timeline

• 2026-04-30 Price Changed $239,000 WFRMLS
• 2026-04-04 Listed $245,000 WFRMLS

Property tax history

+1.9%/yr

Latest (2025): $859 · +11.2% YoY. Source: county tax records.