4986 #2 S 2000 W · Rexburg, ID 83440

$65,000

2 bd · 2.0 ba · 938 sqft · Manufactured · 148 Days on market

Built 1994 $452/mo HOA · 41% of rent

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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 +15.8/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +4.9/10.0
• Livability +3.8/5.0
• Schools +3.7/10.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this wonderful 1994 single-wide trailer home situated in a quiet park close to town. With a spacious 938 sq ft layout, this home offers comfortable living with modern amenities and thoughtful design. Upon entrance of the home, there is a full size bathroom and large bedroom on the right. Enjoy the substantial living area with built in shelves for decoration and storage. The kitchen is equipped with raised panel cabinet doors, stainless steel appliances, backsplash, and a side-by-side fridge. Washer and dryer are included with the home as you head into the primary suite you will appreciate a large walk in closet, and ensuite bathroom with dual vanities and a relaxing garden bath. Vaulted ceilings create an open feel and plenty of hard surface LVP flooring adds durability and a modern touch to the living spaces. Dual pane windows enhance energy efficiency and comfort. On the exterior you will enjoy a large covered porch and a fully fenced in yard including a dog run, making it ideal for pet owners. An attached shed also provides additional storage space. This well-maintained trailer home is a perfect blend of comfort, style, and convenience. Don't miss the opportunity to make it your own! Lot Rent is $390/month. Trailer can be moved.

Key facts

• Master suite
• Fenced yard
• Lots of cabinets

Tags

• OPEN FLOORPLAN
• FENCED YARD
• MAJOR APPLIANCES
• LOTS OF CABINETS
• SUNNY DINING NOOK
• MASTER SUITE

Property features AI

Finance

• HOA & community: Homeowners association with a $452 monthly fee

Exterior

• Parking: Concrete parking
• Utilities: Public water; Public sewer
• Home design: Manufactured home (manufactured without land); Single-story
• Construction: Vinyl siding; Metal roof
• Exterior features: Deck; Chain link and wood fencing (fully fenced)

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Ceiling fans
• Interior features: Vaulted ceilings; Walk-in closets; Breakfast bar; Laminate countertops
• Laundry & utility: Washer included

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $65k.

Deal economics

• At list price, monthly cash flow is $30 ($364/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 76/100 on livability (#25 in ID, #3,515 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, amenities A+, health & safety A+; Watch: housing C-, commute F, employment F.
• Madison District (town): math 44% / reading 47% proficiency, ranked #50 of 92 in ID (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: South Fork Elementary (math 52% / reading 42%, grade D-, #176 of 357 statewide, top 53%, 293 students, 43% FRL) — zoned schools average 43% FRL vs 27% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.6%/yr); 384 active listings in the ZIP; 274 units permitted in Madison County in 2024 (80 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Madison County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 148 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 15y 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 41% of rent.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 148 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.69% ✓
• Cap rate: 6.85%
• Cash-on-cash: 2.00%
• DSCR: 1.09
• GRM: 4.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.6% rent growth · sell at horizon

5-year hold

• IRR: -13.5%
• Equity multiple: 0.52×
• Total profit: $-8,786
• Equity at exit: $9,692

10-year hold

• IRR: -5.0%
• Equity multiple: 0.67×
• Total profit: $-5,917
• Equity at exit: $5,620

Cash invested: $18,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 91 Strongly Landlord-Friendly
• State Idaho: 91 Strongly Landlord-Friendly · R+18
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempted; minimal tenant protections.

Methodology + full state rankings →

ZIP-level market 83440

• Rents YoY: 2.6%
• Active inventory: 384
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,101 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$20 /mo · $237/yr
• Insurance: −$27
• HOA: −$452
• Vacancy / Maint / Mgmt: −$231
• Net cashflow: $30

Break-even live

Break-even rent $1,063

Max offer price $65,000

Occupancy floor 92%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $452 · $5,424/yr

Listing history 34 events

1. 2026-06-19
   days on market $65,000 Active 148 DOM
2. 2026-06-18
   days on market $65,000 Active 147 DOM
3. 2026-06-17
   days on market $65,000 Active 146 DOM
4. 2026-06-16
   days on market $65,000 Active 145 DOM
5. 2026-06-15
   days on market $65,000 Active 144 DOM
6. 2026-06-14
   days on market $65,000 Active 142 DOM
7. 2026-06-12
   days on market $65,000 Active 141 DOM
8. 2026-06-09
   days on market $65,000 Active 138 DOM
9. 2026-06-08
   days on market $65,000 Active 137 DOM
10. 2026-06-07
    days on market $65,000 Active 136 DOM
11. 2026-06-05
    days on market $65,000 Active 133 DOM
12. 2026-06-03
    days on market $65,000 Active 132 DOM
13. 2026-06-02
    days on market $65,000 Active 131 DOM
14. 2026-06-01
    days on market $65,000 Active 130 DOM
15. 2026-05-31
    days on market $65,000 Active 129 DOM
16. 2026-05-30
    days on market $65,000 Active 128 DOM
17. 2026-05-18
    price $65,000
18. 2026-04-27
    status Active
19. 2026-04-14
    historical
20. 2026-04-10
    status Active
21. 2026-04-06
    status Pending
22. 2026-01-30
    status Active
23. 2026-01-06
    status Pending
24. 2025-12-08
    listed $68,000 Active
25. 2024-09-09
    soldstatus Closed 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this wonderful 1994 single-wide trailer home situated in a quiet park close to town. With a spacious 938 sq ft layout, this home offers comfortable living with modern amenities and thoughtful design. Upon entrance of the home, there is a full size bathroom and large bedroom on the right. Enjoy the substantial living area with built in shelves for decoration and storage. The kitchen is equipped with raised panel cabinet doors, stainless steel appliances, backsplash, and a side-by-side fridge. Washer and dryer are included with the home as you head into the primary suite you will appreciate a large walk in closet, and ensuite bathroom with dual vanities and a relaxing garden bath. Vaulted ceilings create an open feel and plenty of hard surface LVP flooring adds durability and a modern touch to the living spaces. Dual pane windows enhance energy efficiency and comfort. On the exterior you will enjoy a large covered porch and a fully fenced in yard including a dog run, making it ideal for pet owners. An attached shed also provides additional storage space. This well-maintained trailer home is a perfect blend of comfort, style, and convenience. Don't miss the opportunity to make it your own! Lot Rent is $390/month. Trailer can be moved.

26. 2024-09-03
    status Pending 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this wonderful 1994 single-wide trailer home situated in a quiet park close to town. With a spacious 938 sq ft layout, this home offers comfortable living with modern amenities and thoughtful design. Upon entrance of the home, there is a full size bathroom and large bedroom on the right. Enjoy the substantial living area with built in shelves for decoration and storage. The kitchen is equipped with raised panel cabinet doors, stainless steel appliances, backsplash, and a side-by-side fridge. Washer and dryer are included with the home as you head into the primary suite you will appreciate a large walk in closet, and ensuite bathroom with dual vanities and a relaxing garden bath. Vaulted ceilings create an open feel and plenty of hard surface LVP flooring adds durability and a modern touch to the living spaces. Dual pane windows enhance energy efficiency and comfort. On the exterior you will enjoy a large covered porch and a fully fenced in yard including a dog run, making it ideal for pet owners. An attached shed also provides additional storage space. This well-maintained trailer home is a perfect blend of comfort, style, and convenience. Don't miss the opportunity to make it your own! Lot Rent is $390/month. Trailer can be moved.

27. 2024-08-22
    price $60,000 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this wonderful 1994 single-wide trailer home situated in a quiet park close to town. With a spacious 938 sq ft layout, this home offers comfortable living with modern amenities and thoughtful design. Upon entrance of the home, there is a full size bathroom and large bedroom on the right. Enjoy the substantial living area with built in shelves for decoration and storage. The kitchen is equipped with raised panel cabinet doors, stainless steel appliances, backsplash, and a side-by-side fridge. Washer and dryer are included with the home as you head into the primary suite you will appreciate a large walk in closet, and ensuite bathroom with dual vanities and a relaxing garden bath. Vaulted ceilings create an open feel and plenty of hard surface LVP flooring adds durability and a modern touch to the living spaces. Dual pane windows enhance energy efficiency and comfort. On the exterior you will enjoy a large covered porch and a fully fenced in yard including a dog run, making it ideal for pet owners. An attached shed also provides additional storage space. This well-maintained trailer home is a perfect blend of comfort, style, and convenience. Don't miss the opportunity to make it your own! Lot Rent is $390/month. Trailer can be moved.

28. 2024-08-09
    price $55,000 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this wonderful 1994 single-wide trailer home situated in a quiet park close to town. With a spacious 938 sq ft layout, this home offers comfortable living with modern amenities and thoughtful design. Upon entrance of the home, there is a full size bathroom and large bedroom on the right. Enjoy the substantial living area with built in shelves for decoration and storage. The kitchen is equipped with raised panel cabinet doors, stainless steel appliances, backsplash, and a side-by-side fridge. Washer and dryer are included with the home as you head into the primary suite you will appreciate a large walk in closet, and ensuite bathroom with dual vanities and a relaxing garden bath. Vaulted ceilings create an open feel and plenty of hard surface LVP flooring adds durability and a modern touch to the living spaces. Dual pane windows enhance energy efficiency and comfort. On the exterior you will enjoy a large covered porch and a fully fenced in yard including a dog run, making it ideal for pet owners. An attached shed also provides additional storage space. This well-maintained trailer home is a perfect blend of comfort, style, and convenience. Don't miss the opportunity to make it your own! Lot Rent is $390/month. Trailer can be moved.

29. 2024-07-21
    price $64,000 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this wonderful 1994 single-wide trailer home situated in a quiet park close to town. With a spacious 938 sq ft layout, this home offers comfortable living with modern amenities and thoughtful design. Upon entrance of the home, there is a full size bathroom and large bedroom on the right. Enjoy the substantial living area with built in shelves for decoration and storage. The kitchen is equipped with raised panel cabinet doors, stainless steel appliances, backsplash, and a side-by-side fridge. Washer and dryer are included with the home as you head into the primary suite you will appreciate a large walk in closet, and ensuite bathroom with dual vanities and a relaxing garden bath. Vaulted ceilings create an open feel and plenty of hard surface LVP flooring adds durability and a modern touch to the living spaces. Dual pane windows enhance energy efficiency and comfort. On the exterior you will enjoy a large covered porch and a fully fenced in yard including a dog run, making it ideal for pet owners. An attached shed also provides additional storage space. This well-maintained trailer home is a perfect blend of comfort, style, and convenience. Don't miss the opportunity to make it your own! Lot Rent is $390/month. Trailer can be moved.

30. 2024-07-05
    listed $76,000 Active 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this wonderful 1994 single-wide trailer home situated in a quiet park close to town. With a spacious 938 sq ft layout, this home offers comfortable living with modern amenities and thoughtful design. Upon entrance of the home, there is a full size bathroom and large bedroom on the right. Enjoy the substantial living area with built in shelves for decoration and storage. The kitchen is equipped with raised panel cabinet doors, stainless steel appliances, backsplash, and a side-by-side fridge. Washer and dryer are included with the home as you head into the primary suite you will appreciate a large walk in closet, and ensuite bathroom with dual vanities and a relaxing garden bath. Vaulted ceilings create an open feel and plenty of hard surface LVP flooring adds durability and a modern touch to the living spaces. Dual pane windows enhance energy efficiency and comfort. On the exterior you will enjoy a large covered porch and a fully fenced in yard including a dog run, making it ideal for pet owners. An attached shed also provides additional storage space. This well-maintained trailer home is a perfect blend of comfort, style, and convenience. Don't miss the opportunity to make it your own! Lot Rent is $390/month. Trailer can be moved.

31. 2018-11-28
    soldstatus 198-char remark

    Show marketing remark (198 chars)

    1994 Guerdon/Americana 13X67, 2 bedroom, 2 bathroom. Fridge, Range, Dishwasher, Washer and Dryer. Deck. Lot Rent is $240.00 per month. Lot rent includes garbage pick up and water to water your Lawn.

32. 2018-10-03
    listed $33,000 198-char remark

    Show marketing remark (198 chars)

    1994 Guerdon/Americana 13X67, 2 bedroom, 2 bathroom. Fridge, Range, Dishwasher, Washer and Dryer. Deck. Lot Rent is $240.00 per month. Lot rent includes garbage pick up and water to water your Lawn.

33. 2011-08-15
    soldstatus
34. 2011-05-26
    listed $19,000

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

Tax reassessment forecast ID · Resets to sale price

• Current annual tax: $237 · $20/mo
• Projected year-2 tax: $448 · $37/mo
• Expected delta: +$212/yr (+$18/mo · 89.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $13,216
• − Mortgage interest: −$3,641
• − Property taxes: −$237
• − Insurance: −$325
• − Repairs & maintenance: −$1,057
• − Management: −$1,057
• − HOA: −$5,424
• − Depreciation: −$1,891
• Taxable loss: −$417
• Est. tax savings @ 24.0%: +$100
• After-tax cash flow: $464/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: Madison District
• NCES district ID: 1601920
• Math proficiency: 44% ▲ 2.00%
• Reading proficiency: 47% ▼ -3.00%
• Median HH income: $31,737
• Composite: 37.3/100
• National rank: #4447
• State rank: #50 of 92 in ID

Livability — Rexburg

• Score: 76/100
• State rank: #25
• US rank: #3515

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Madison County · 51,421 people
• City population: 51,421
• Metro: Rexburg, ID
• Population (ZIP): 51,421
• Household income: $58,159
• Rent vs Own: 61.5% rent · 38.5% own
• Severe rent burden: 1480.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 40,126 people
• By 2030: 41,845 · +4.3%
• By 2040: 42,742 · +6.5%
• By 2050: 44,170 · +10.1%
• By 2075: 43,379 · +8.1%
• By 2100: 41,607 · +3.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 10% Two or more races 6% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Italian 5% Slovak 5% Portuguese 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 90% English-only · Spanish 7% Chinese 1% Other Indo-European 1%

Political lean MEDSL · Madison

• 2024 margin: Solid R (+64.3) · D 15.9% · R 80.2% · Other 3.8%
• 2008→2024 swing: +8.5pp toward D · 2008: -72.8pp · 2024: -64.3pp
• All cycles: 2024: R+64.3 2020: R+63.7 2016: R+49.3 2012: R+87.5 2008: R+72.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -133.02%
• Current HPI: 241.1775
• Rent YoY: ▲ 2.60%
• Metro: Rexburg, ID
• State GDP YoY: ▲ 4.51%
• F500 in state: 6

Industry mix (Fortune 500 HQ in ID)

Industry	F500 HQs	Revenue
▸Retail	1	$79B
▸Technology	1	$25B
▸Food / Agriculture	1	$6B

Price history

+242.1% since first listed

18 events — show timeline

• 2026-05-18 Price Changed $65,000 SRMLS
• 2026-04-27 Relisted — SRMLS
• 2026-04-14 Delisted — SRMLS
• 2026-04-10 Relisted — SRMLS
• 2026-04-06 Pending — SRMLS
• 2026-01-30 Relisted — SRMLS
• 2026-01-06 Pending — SRMLS
• 2025-12-08 Listed $68,000 SRMLS
• 2024-09-09 Sold (MLS) — SRMLS
• 2024-09-03 Pending — SRMLS
• 2024-08-22 Price Changed $60,000 SRMLS
• 2024-08-09 Price Changed $55,000 SRMLS
• 2024-07-21 Price Changed $64,000 SRMLS
• 2024-07-05 Listed $76,000 SRMLS
• 2018-11-28 Sold (MLS) — SRMLS
• 2018-10-03 Listed $33,000 SRMLS
• 2011-08-15 Sold (MLS) — SRMLS
• 2011-05-26 Listed $19,000 SRMLS

Property tax history

+6.5%/yr

Latest (2016): $237 · +13.4% YoY. Source: county tax records.