6464 Dillon Dr #35 · Pueblo, CO 81008

$69,000

3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 31 Days on market

Built 2002 1,216 sqft lot Est $78k · 11% under $771/mo HOA · 33% of rent

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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
• ARV discount +12.6/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this roomy North Point Estates Manufactured Home. As you drive up you will be greeted with multiple colored rose bushes. Enter the home from a 24 X 12 beautiful covered deck for your extension of gatherings space. Enter the home and notice the open concept of the Kitchen/Dining and Living Room. Master Bedroom is on opposite side of the 2nd and 3rd bedrooms and has it's own attached bathroom with garden tub. The second bathroom is between the other two bedrooms. Come enjoy nearby shops and restaurants in the ever growing north side of Pueblo. Call to schedule a showing today. .

Key facts

• Appliances
• Washer and dryer
• View of pikes peak

Tags

• HARDWOOD FLOORS
• NEW PAINT
• APPLIANCES
• WASHER AND DRYER
• VIEW OF PIKES PEAK
• WALKING STICK GOLF COURSE

Property features AI

Finance

• Financial info: Monthly land lease / association fee noted
• HOA & community: Homeowners association with monthly fee; Monthly association fee includes water and trash

Exterior

• Parking: No garage
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Residential mobile home; Single-story (above-grade finished area listed)
• Construction: Metal siding and vinyl siding; Metal roof
• Exterior features: Front porch; Shed(s); Has a view

Interior

• Kitchen: Range; Oven; Dishwasher; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Flooring: Hardwood; Carpet; Wood
• Bathrooms: 2 full bathrooms (2 on the main level)
• Heating & cooling: Natural gas forced-air heating; Ceiling fans for cooling
• Interior features: Ceiling fans; Master bedroom on main level; Double-pane windows; No fireplace
• Laundry & utility: Washer and dryer included; Laundry on the main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $69k.

Deal economics

• At list price, monthly cash flow is $656 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $69k).
• Recommended offer: $67k (3.0% below list) — sets the bar for market timing.
• Cap rate 17.7% vs local median 2.1% in Pueblo — 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 (#45 in CO) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D-, crime F, employment F.
• Pueblo County School District 70 (suburban): math 24% / reading 43% proficiency, ranked #40 of 86 in CO (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 33 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 269 units permitted in Pueblo County in 2024 (0 in 5+ unit buildings).
• This rent runs 40% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $477 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Pueblo County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($67k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y 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

• Watch-outs: HOA is 33% of rent.
• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $66,930 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 3.36% ✓
• Cap rate: 17.69%
• Cash-on-cash: 40.72%
• DSCR: 2.81
• GRM: 2.5

CMA / ARV

• ARV (on-the-fly): $77,824
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6464 Dillon Dr Unit 34	0.01mi	3/2.0	1,216 (0%)	23mo	$73,400	$60	80
6464 Dillon Dr Unit 69	0.06mi	3/2.0	1,216 (0%)	24mo	$70,000	$58	78
6464 Dillon Dr #89	0.06mi	3/2.0	1,232 (+1%)	24mo	$79,000	$64	75
6464 Dillon Dr #11	0.08mi	3/2.0	1,344 (+10%)	7mo	$98,000	$73	73
6464 Dillon Dr #4	0.15mi	3/2.0	1,296 (+7%)	19mo	$110,500	$85	67
6464 Dillon Dr #2	0.18mi	3/2.0	1,080 (-11%)	18mo	$67,000	$62	58

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: 37.6%
• Equity multiple: 2.61×
• Total profit: $31,036
• Equity at exit: $10,288

10-year hold

• IRR: 44.3%
• Equity multiple: 5.28×
• Total profit: $82,672
• Equity at exit: $5,966

Cash invested: $19,320 (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 81008

• Active inventory: 33
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $2,315 medium
• Mortgage (P&I): −$362
• Tax from tax record: −$12 /mo · $141/yr
• Insurance: −$29
• HOA: −$771
• Vacancy / Maint / Mgmt: −$486
• Net cashflow: $656

Break-even live

Break-even rent $1,485

Max offer price $69,000

Occupancy floor 67%

Sensitivity live

Price	-10% $695	-5% $675	+0% $656	+5% $557	+10% $533
Rent	-10% $473	-5% $564	+0% $656	+5% $747	+10% $838
Rate	-1.0pp $690	-0.5pp $673	base $656	+0.5pp $638	+1.0pp $620

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: $17,250
• Closing costs: $2,070
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5300 Outlook Blvd Pueblo, CO	1.0–3.0	1.0–2.0	919	$2,155	$2.34	14d	12	0.79mi
4749 Eagleridge Cir Pueblo, CO	1.0–3.0	1.0–2.0	933	$2,701	$2.89	14d	23	1.08mi

HOA detail

• Monthly dues: $771 · $9,252/yr

Listing history 25 events

1. 2026-06-21
   status $69,000 Pending 31 DOM
2. 2026-06-19
   days on market $69,000 Active 31 DOM
3. 2026-06-18
   days on market $69,000 Active 30 DOM
4. 2026-06-17
   days on market $69,000 Active 29 DOM
5. 2026-06-16
   days on market $69,000 Active 28 DOM
6. 2026-06-15
   days on market $69,000 Active 27 DOM
7. 2026-06-14
   days on market $69,000 Active 25 DOM
8. 2026-06-13
   days on market $69,000 Active 24 DOM
9. 2026-06-10
   days on market $69,000 Active 22 DOM
10. 2026-06-09
    days on market $69,000 Active 21 DOM
11. 2026-06-08
    days on market $69,000 Active 20 DOM
12. 2026-06-07
    days on market $69,000 Active 19 DOM
13. 2026-06-05
    days on market $69,000 Active 16 DOM
14. 2026-06-03
    days on market $69,000 Active 15 DOM
15. 2026-06-02
    days on market $69,000 Active 14 DOM
16. 2026-06-01
    days on market $69,000 Active 13 DOM
17. 2026-05-31
    days on market $69,000 Active 12 DOM
18. 2026-05-30
    days on market $69,000 Active 11 DOM
19. 2026-05-18
    listed $69,000 Active
20. 2023-01-10
    soldstatus $65,000 Closed 600-char remark

    Show marketing remark (600 chars)

    Welcome home to this roomy North Point Estates Manufactured Home. As you drive up you will be greeted with multiple colored rose bushes. Enter the home from a 24 X 12 beautiful covered deck for your extension of gatherings space. Enter the home and notice the open concept of the Kitchen/Dining and Living Room. Master Bedroom is on opposite side of the 2nd and 3rd bedrooms and has it's own attached bathroom with garden tub. The second bathroom is between the other two bedrooms. Come enjoy nearby shops and restaurants in the ever growing north side of Pueblo. Call to schedule a showing today. .

21. 2022-12-01
    status Pending 600-char remark

    Show marketing remark (600 chars)

    Welcome home to this roomy North Point Estates Manufactured Home. As you drive up you will be greeted with multiple colored rose bushes. Enter the home from a 24 X 12 beautiful covered deck for your extension of gatherings space. Enter the home and notice the open concept of the Kitchen/Dining and Living Room. Master Bedroom is on opposite side of the 2nd and 3rd bedrooms and has it's own attached bathroom with garden tub. The second bathroom is between the other two bedrooms. Come enjoy nearby shops and restaurants in the ever growing north side of Pueblo. Call to schedule a showing today. .

22. 2022-10-25
    price $65,000 600-char remark

    Show marketing remark (600 chars)

    Welcome home to this roomy North Point Estates Manufactured Home. As you drive up you will be greeted with multiple colored rose bushes. Enter the home from a 24 X 12 beautiful covered deck for your extension of gatherings space. Enter the home and notice the open concept of the Kitchen/Dining and Living Room. Master Bedroom is on opposite side of the 2nd and 3rd bedrooms and has it's own attached bathroom with garden tub. The second bathroom is between the other two bedrooms. Come enjoy nearby shops and restaurants in the ever growing north side of Pueblo. Call to schedule a showing today. .

23. 2022-07-28
    listed $72,000 Active 600-char remark

    Show marketing remark (600 chars)

    Welcome home to this roomy North Point Estates Manufactured Home. As you drive up you will be greeted with multiple colored rose bushes. Enter the home from a 24 X 12 beautiful covered deck for your extension of gatherings space. Enter the home and notice the open concept of the Kitchen/Dining and Living Room. Master Bedroom is on opposite side of the 2nd and 3rd bedrooms and has it's own attached bathroom with garden tub. The second bathroom is between the other two bedrooms. Come enjoy nearby shops and restaurants in the ever growing north side of Pueblo. Call to schedule a showing today. .

24. 2021-02-27
    listed $45,900
25. 2020-04-17
    listed $50,000

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

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $141 · $12/mo
• Projected year-2 tax: $380 · $32/mo
• Expected delta: +$238/yr (+$20/mo · 168.8%)

ⓘ 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 6/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥96°F today · 20 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: $27,781
• − Mortgage interest: −$3,865
• − Property taxes: −$141
• − Insurance: −$345
• − Repairs & maintenance: −$2,223
• − Management: −$2,223
• − HOA: −$9,252
• − Depreciation: −$2,007
• Taxable income: $7,726
• Est. tax owed @ 24.0%: −$1,854
• After-tax cash flow: $6,013/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: Pueblo County School District 70
• NCES district ID: 0806150
• Math proficiency: 24% ▼ -4.00%
• Reading proficiency: 43% ▼ -2.00%
• Median HH income: $59,438
• Composite: 29.93/100
• National rank: #6381
• State rank: #40 of 86 in CO

Livability — Pueblo

• Score: 73/100
• State rank: #45
• US rank: #5089

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pueblo, CO
• County: Pueblo County · 151,887 people
• City population: 151,887
• Metro: Pueblo, CO
• Population (ZIP): 11,608
• Household income: $69,925
• Rent vs Own: 34.2% rent · 65.8% own
• Severe rent burden: 541.0

Population outlook (Pueblo County) Hauer SSP2

• Today (2025): 173,240 people
• By 2030: 177,716 · +2.6%
• By 2040: 185,125 · +6.9%
• By 2050: 190,642 · +10.0%
• By 2075: 201,611 · +16.4%
• By 2100: 196,443 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 54% Hispanic / Latino 37% Two or more races 13% Black 4% Native American 3% Asian 2%
• Hispanic origin (detail): Mexican 22% Puerto Rican 1% Salvadoran 2%
• Common ancestry: Italian 2% Romanian 2% Lithuanian 2%
• Foreign-born: 4% · Canada, Dominican Republic, Vietnam
• Languages at home: 91% English-only · Spanish 5% Vietnamese 1% Tagalog/Filipino 1%

Political lean MEDSL · Pueblo

• 2024 margin: Lean R (+5.1) · D 46.2% · R 51.3% · Other 2.5%
• 2008→2024 swing: -20.1pp toward R · 2008: 15.0pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+1.7 2016: D+0.3 2012: D+13.1 2008: D+15.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -263.86%
• Current HPI: 248.2818
• Rent YoY: —
• Metro: Pueblo, CO
• 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

+38.0% since first listed

7 events — show timeline

• 2026-05-18 Listed $69,000 PARMLS
• 2023-01-10 Sold (MLS) $65,000 RGAR
• 2022-12-01 Pending — RGAR
• 2022-10-25 Price Changed $65,000 RGAR
• 2022-07-28 Listed $72,000 RGAR
• 2021-02-27 Listed $45,900 PARMLS
• 2020-04-17 Listed $50,000 PARMLS

Property tax history

-0.7%/yr

Latest (2021): $141 · +10.0% YoY. Source: county tax records.