1660 Blair Avenue #34 Ave · Rock Springs, WY 82901

$49,000

3 bd · 2.0 ba · 1 sqft · Other public records · 6 Days on market

Built 1983 ↓ 6% since listing

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Why this score? — see what drove the B- 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
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a great starter home or investment opportunity?? This is it! 2024 single wide trailer in Sweetwater Estates. This home has been well cared for and lightly lived in, with minimal renters over its lifetime and immaculate cleanliness throughout. Inside you’ll find modern finishes, updated fixtures, and stainless steel appliances that give the kitchen a sleek, contemporary look. The primary bedroom includes its own en suite bathroom, providing added privacy and convenience. The home is equipped with a newly installed HVAC system for year-round comfort. Whether you're looking for an affordable primary residence or a low-maintenance investment property, this home offers modern style, comfort, and excellent upkeep. Need a loan? Triad, Principal Equity Partners, Vanderbilt, 21st Mortgage, or Zippy will likely lend on this type of home. Call/text Kylar at 307-371-3695 to tour this home. Agent is related to seller.

Key facts

• New furnace
• Insulated plumbing
• Fresh paint

Tags

• NEW ROOF
• NEW FURNACE
• INSULATED PLUMBING
• FRESH PAINT
• NEW FLOORING
• REMODELED BATHROOMS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $49k.

Deal economics

• At list price, monthly cash flow is $515 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $49k).
• Cap rate 18.9% vs local median 2.9% in Rock Springs — 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 70/100 on livability (#35 in WY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools C-, amenities F, commute F.
• Sweetwater County School District #1 (town): math 44% / reading 49% proficiency, ranked #31 of 41 in WY (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-2.1%/yr); 178 active listings in the ZIP; 47 units permitted in Sweetwater County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $339 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Sweetwater County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 3y ago; this cycle's ask has dropped $31k (39%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $49,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 2.21% ✓
• Cap rate: 18.91%
• Cash-on-cash: 45.06%
• DSCR: 3.00
• GRM: 3.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 38.7%
• Equity multiple: 2.58×
• Total profit: $21,720
• Equity at exit: $7,306

10-year hold

• IRR: 43.7%
• Equity multiple: 4.57×
• Total profit: $48,989
• Equity at exit: $4,237

Cash invested: $13,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Wyoming: 90 Strongly Landlord-Friendly · R+25
• County: — inherits STATE
• City: — inherits STATE

3-day notice; strongly landlord-favorable; small market.

Methodology + full state rankings →

ZIP-level market 82901

• Rents YoY: -2.1%
• Active inventory: 178
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,081 medium
• Mortgage (P&I): −$257
• Tax est. 1.5%: −$61 /mo · $735/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $515

Break-even live

Break-even rent $429

Max offer price $49,000

Occupancy floor 47%

Sensitivity live

Price	-10% $549	-5% $532	+0% $515	+5% $498	+10% $481
Rent	-10% $430	-5% $472	+0% $515	+5% $558	+10% $601
Rate	-1.0pp $540	-0.5pp $528	base $515	+0.5pp $502	+1.0pp $490

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: $12,250
• Closing costs: $1,470
• Reserves months: —
• Total cash needed: —

Listing history 38 events

1. 2026-06-21
   days on market $49,000 Active 6 DOM
2. 2026-06-19
   days on market $49,000 Active 4 DOM
3. 2026-06-18
   days on market $49,000 Active 3 DOM
4. 2026-06-17
   days on market $49,000 Active 2 DOM
5. 2026-06-16
   pricedays on marketlisting id $49,000 Active 1 DOM
6. 2026-06-15
   days on market $74,900 Active 96 DOM
7. 2026-06-14
   days on market $74,900 Active 94 DOM
8. 2026-06-12
   statusdays on marketlisting id $74,900 Active 93 DOM
9. 2026-04-20
   status Pending
10. 2026-03-27
    price $74,900

    Show marketing remark (1015 chars)

    Looking for a great starter home or investment opportunity?? This is it! Another 2024 single wide trailer in Sweetwater Estates(Owner selling 3 of them). This home has been well cared for and lightly lived in, with minimal renters over its lifetime and immaculate cleanliness throughout. Inside you’ll find modern finishes, updated fixtures, and stainless steel appliances that give the kitchen a sleek, contemporary look. The primary bedroom includes its own en suite bathroom, providing added privacy and convenience. The home is equipped with a newly installed HVAC system for year-round comfort AND a new fence has been added around the yard. Whether you're looking for an affordable primary residence or a low-maintenance investment property, this home offers modern style, comfort, and excellent upkeep. Need a loan? Triad, Principal Equity Partners, Vanderbilt, 21st Mortgage, orZippy will likely lend on this type of home. Call/text Kylar at 307-371-3695 to tour this home. Agent is related to seller.

11. 2026-03-27
    price $74,900 937-char remark

    Show marketing remark (1015 chars)

    Looking for a great starter home or investment opportunity?? This is it! Another 2024 single wide trailer in Sweetwater Estates(Owner selling 3 of them). This home has been well cared for and lightly lived in, with minimal renters over its lifetime and immaculate cleanliness throughout. Inside you’ll find modern finishes, updated fixtures, and stainless steel appliances that give the kitchen a sleek, contemporary look. The primary bedroom includes its own en suite bathroom, providing added privacy and convenience. The home is equipped with a newly installed HVAC system for year-round comfort AND a new fence has been added around the yard. Whether you're looking for an affordable primary residence or a low-maintenance investment property, this home offers modern style, comfort, and excellent upkeep. Need a loan? Triad, Principal Equity Partners, Vanderbilt, 21st Mortgage, orZippy will likely lend on this type of home. Call/text Kylar at 307-371-3695 to tour this home. Agent is related to seller.

12. 2026-03-27
    price $74,900 1015-char remark

    Show marketing remark (1015 chars)

    Looking for a great starter home or investment opportunity?? This is it! Another 2024 single wide trailer in Sweetwater Estates(Owner selling 3 of them). This home has been well cared for and lightly lived in, with minimal renters over its lifetime and immaculate cleanliness throughout. Inside you’ll find modern finishes, updated fixtures, and stainless steel appliances that give the kitchen a sleek, contemporary look. The primary bedroom includes its own en suite bathroom, providing added privacy and convenience. The home is equipped with a newly installed HVAC system for year-round comfort AND a new fence has been added around the yard. Whether you're looking for an affordable primary residence or a low-maintenance investment property, this home offers modern style, comfort, and excellent upkeep. Need a loan? Triad, Principal Equity Partners, Vanderbilt, 21st Mortgage, orZippy will likely lend on this type of home. Call/text Kylar at 307-371-3695 to tour this home. Agent is related to seller.

13. 2026-03-17
    soldstatus Closed
14. 2026-03-16
    status Pending
15. 2026-03-10
    listed $80,000 Active

    Show marketing remark (1015 chars)

    Looking for a great starter home or investment opportunity?? This is it! Another 2024 single wide trailer in Sweetwater Estates(Owner selling 3 of them). This home has been well cared for and lightly lived in, with minimal renters over its lifetime and immaculate cleanliness throughout. Inside you’ll find modern finishes, updated fixtures, and stainless steel appliances that give the kitchen a sleek, contemporary look. The primary bedroom includes its own en suite bathroom, providing added privacy and convenience. The home is equipped with a newly installed HVAC system for year-round comfort AND a new fence has been added around the yard. Whether you're looking for an affordable primary residence or a low-maintenance investment property, this home offers modern style, comfort, and excellent upkeep. Need a loan? Triad, Principal Equity Partners, Vanderbilt, 21st Mortgage, orZippy will likely lend on this type of home. Call/text Kylar at 307-371-3695 to tour this home. Agent is related to seller.

16. 2026-03-10
    listed $80,000 Active 937-char remark

    Show marketing remark (1015 chars)

    Looking for a great starter home or investment opportunity?? This is it! Another 2024 single wide trailer in Sweetwater Estates(Owner selling 3 of them). This home has been well cared for and lightly lived in, with minimal renters over its lifetime and immaculate cleanliness throughout. Inside you’ll find modern finishes, updated fixtures, and stainless steel appliances that give the kitchen a sleek, contemporary look. The primary bedroom includes its own en suite bathroom, providing added privacy and convenience. The home is equipped with a newly installed HVAC system for year-round comfort AND a new fence has been added around the yard. Whether you're looking for an affordable primary residence or a low-maintenance investment property, this home offers modern style, comfort, and excellent upkeep. Need a loan? Triad, Principal Equity Partners, Vanderbilt, 21st Mortgage, orZippy will likely lend on this type of home. Call/text Kylar at 307-371-3695 to tour this home. Agent is related to seller.

17. 2026-03-10
    listed $80,000 Active 1015-char remark

    Show marketing remark (1015 chars)

    Looking for a great starter home or investment opportunity?? This is it! Another 2024 single wide trailer in Sweetwater Estates(Owner selling 3 of them). This home has been well cared for and lightly lived in, with minimal renters over its lifetime and immaculate cleanliness throughout. Inside you’ll find modern finishes, updated fixtures, and stainless steel appliances that give the kitchen a sleek, contemporary look. The primary bedroom includes its own en suite bathroom, providing added privacy and convenience. The home is equipped with a newly installed HVAC system for year-round comfort AND a new fence has been added around the yard. Whether you're looking for an affordable primary residence or a low-maintenance investment property, this home offers modern style, comfort, and excellent upkeep. Need a loan? Triad, Principal Equity Partners, Vanderbilt, 21st Mortgage, orZippy will likely lend on this type of home. Call/text Kylar at 307-371-3695 to tour this home. Agent is related to seller.

18. 2026-03-02
    listed $45,000 Active
19. 2025-05-30
    soldstatus Closed
20. 2025-05-08
    status Pending
21. 2025-04-17
    listed $25,000 Active
22. 2024-06-27
    soldstatus Closed
23. 2024-06-22
    soldstatus Closed
24. 2024-06-21
    soldstatus Closed
25. 2024-05-20
    soldstatus Closed
26. 2024-05-14
    status Pending
27. 2024-05-14
    status Pending
28. 2024-05-14
    status Pending
29. 2024-05-04
    status Pending
30. 2024-04-30
    listed $40,000 Active
31. 2024-04-30
    listed $40,000 Active
32. 2024-04-30
    listed $40,000 Active
33. 2024-04-30
    listed $10,000 Active
34. 2023-10-03
    listed $28,900 Active
35. 2023-04-17
    soldstatus
36. 2023-04-10
    soldstatus
37. 2023-03-15
    listed $35,000
38. 2023-01-07
    listed $80,000

ⓘ 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 4/10 Moderate FEMA zone X · 22% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 3/10 Moderate 7 d/yr ≥88°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,969
• − Mortgage interest: −$2,745
• − Property taxes: −$735
• − Insurance: −$245
• − Repairs & maintenance: −$1,038
• − Management: −$1,038
• − Depreciation: −$1,425
• Taxable income: $5,744
• Est. tax owed @ 24.0%: −$1,378
• After-tax cash flow: $4,803/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: Sweetwater County School District #1
• NCES district ID: 5605302
• Math proficiency: 44% ▼ -4.00%
• Reading proficiency: 49% ▼ -3.00%
• Median HH income: $68,679
• Composite: 41.66/100
• National rank: #3422
• State rank: #31 of 41 in WY

Livability — Rock Springs

• Score: 70/100
• State rank: #35
• US rank: #8016

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rock Springs, WY
• County: Sweetwater County · 27,198 people
• City population: 27,198
• Metro: Rock Springs, WY
• Population (ZIP): 27,198
• Household income: $69,954
• Rent vs Own: 26.4% rent · 73.6% own
• Severe rent burden: 609.0

Population outlook (Sweetwater County) Hauer SSP2

• Today (2025): 48,212 people
• By 2030: 49,664 · +3.0%
• By 2040: 51,984 · +7.8%
• By 2050: 54,005 · +12.0%
• By 2075: 57,684 · +19.6%
• By 2100: 57,857 · +20.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 19% Two or more races 9% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Italian 5% Lithuanian 2% Portuguese 2%
• Foreign-born: 7% · Canada, Vietnam, Jamaica
• Languages at home: 90% English-only · Spanish 9% Vietnamese 1%

Political lean MEDSL · Sweetwater

• 2024 margin: Solid R (+53.2) · D 22.5% · R 75.7% · Other 1.8%
• 2008→2024 swing: -25.7pp toward R · 2008: -27.5pp · 2024: -53.2pp
• All cycles: 2024: R+53.2 2020: R+50.6 2016: R+53.5 2012: R+39.7 2008: R+27.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -270.69%
• Current HPI: 146.2451
• Rent YoY: ▼ -2.15%
• Metro: Rock Springs, WY
• State GDP YoY: —
• F500 in state: 0

Price history

-6.4% since first listed

30 events — show timeline

• 2026-04-20 Pending — WMLS
• 2026-03-27 Price Changed $74,900 WMLS
• 2026-03-27 Price Changed $74,900 WMLS
• 2026-03-27 Price Changed $74,900 WMLS
• 2026-03-17 Sold (MLS) — WMLS
• 2026-03-16 Pending — WMLS
• 2026-03-10 Listed $80,000 WMLS
• 2026-03-10 Listed $80,000 WMLS
• 2026-03-10 Listed $80,000 WMLS
• 2026-03-02 Listed $45,000 WMLS
• 2025-05-30 Sold (MLS) — WMLS
• 2025-05-08 Pending — WMLS
• 2025-04-17 Listed $25,000 WMLS
• 2024-06-27 Sold (MLS) — WMLS
• 2024-06-22 Sold (MLS) — WMLS
• 2024-06-21 Sold (MLS) — WMLS
• 2024-05-20 Sold (MLS) — WMLS
• 2024-05-14 Pending — WMLS
• 2024-05-14 Pending — WMLS
• 2024-05-14 Pending — WMLS
• 2024-05-04 Pending — WMLS
• 2024-04-30 Listed $10,000 WMLS
• 2024-04-30 Listed $40,000 WMLS
• 2024-04-30 Listed $40,000 WMLS
• 2024-04-30 Listed $40,000 WMLS
• 2023-10-03 Listed $28,900 WMLS
• 2023-04-17 Sold (MLS) — WMLS
• 2023-04-10 Sold (MLS) — WMLS
• 2023-03-15 Listed $35,000 WMLS
• 2023-01-07 Listed $80,000 WMLS

Property tax history

+5.7%/yr

Latest (2025): $4,643 · -0.5% YoY. Source: county tax records.