1101 S Carbon Ave #70 · Price, UT
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $453 – $841
Heat risk 4/10 · Minor
- Hot days now (above 93°F)
- 6 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +21.3/30.0
- 1% rule +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +6.8/10.0
- Condition / age +4.0/5.0
- Livability +3.5/5.0
- Schools +3.4/10.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$41,999
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to Lot 70! This 3 bedroom1 bathroom home features a main floor laundry, primary bedroom and bath on the main floor, kitchen include stove, and fridge. Cute, Clean, and move-in ready! Conveniently located! Square footage figures are provided as a courtesy estimate. Must pass background check. Can not be moved.
Key facts
- Built 1978
- Listed 135 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath manufactured listed at $42k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $61 ($737/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($996 rent vs $42k).
- Recommended offer: $37k (12.0% below list) — sets the bar for market timing.
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; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $290 of loan paydown is wiped out by about $1k 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 135 days — a 12% lower offer ($37k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $8k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 44% of rent.
- Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 2.37% ✓
- Cap rate
- 8.05%
- Cash-on-cash
- 6.27%
- DSCR
- 1.28
- GRM
- 3.5
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -5.9%
- Equity multiple
- 0.78×
- Total profit
- $-2,612
- Equity at exit
- $6,262
- IRR
- 4.4%
- Equity multiple
- 1.33×
- Total profit
- $3,908
- Equity at exit
- $3,631
Cash invested: $11,760 (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
ZIP-level market 84501
- Active inventory
- 146
- Price-to-rent
- 3.5×
Monthly cashflow live
- Estimated rent
- $996 medium interval (Pro) →
- Mortgage (P&I)
- −$220
- Tax est. 1.5%
- −$52 /mo · $630/yr
- Insurance
- −$17
- HOA
- −$435
- Vacancy / Maint / Mgmt
- −$209
- Net cashflow
- $61
Break-even live
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
- $10,500
- Closing costs
- $1,260
- 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 4 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 109 S 500 E Price, UT | 2.0 | 1.0 | 817 | $995 | $1.22 | 21d | 1 | 1.14mi |
| 146 N 100 E Price, UT | 2.0 | 1.0 | 1100 | $800 | $0.73 | 21d | 1 | 1.24mi |
| 560 S Highway 55 Price, UT | 2.0 | 1.0 | 909 | $1,100 | $1.21 | 2d | 1 | 1.31mi |
| 131 E 300 N Unit 1 Price, UT | 2.0 | 1.0 | 620 | $1,090 | $1.76 | 14d | 1 | 1.42mi |
HOA detail
- Monthly dues
- $435 · $5,220/yr
Listing history 19 events
-
2026-06-18days on market $41,999 Active 135 DOM
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2026-06-17days on market $41,999 Active 134 DOM
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2026-06-16days on market $41,999 Active 133 DOM
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2026-06-15days on market $41,999 Active 132 DOM
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2026-06-14days on market $41,999 Active 130 DOM
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2026-06-10days on market $41,999 Active 127 DOM
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2026-06-09days on market $41,999 Active 126 DOM
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2026-06-08days on market $41,999 Active 125 DOM
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2026-06-07days on market $41,999 Active 124 DOM
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2026-06-03days on market $41,999 Active 120 DOM
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2026-06-02days on market $41,999 Active 119 DOM
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2026-06-01days on market $41,999 Active 118 DOM
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2026-05-31days on market $41,999 Active 117 DOM
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2026-05-31days on market $41,999 Active 116 DOM
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2026-03-04price $47,999 318-char remark
Show marketing remark (318 chars)
Welcome to Lot 70! This 3 bedroom1 bathroom home features a main floor laundry, primary bedroom and bath on the main floor, kitchen include stove, and fridge. Cute, Clean, and move-in ready! Conveniently located! Square footage figures are provided as a courtesy estimate. Must pass background check. Can not be moved.
-
2026-02-04$49,999 Active 318-char remark
Show marketing remark (318 chars)
Welcome to Lot 70! This 3 bedroom1 bathroom home features a main floor laundry, primary bedroom and bath on the main floor, kitchen include stove, and fridge. Cute, Clean, and move-in ready! Conveniently located! Square footage figures are provided as a courtesy estimate. Must pass background check. Can not be moved.
-
2026-01-02historical
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2025-11-25price $47,999
-
2025-10-09$49,999 Active
ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 4/10 Moderate 6 d/yr ≥93°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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $11,949
- − Mortgage interest
- −$2,353
- − Property taxes
- −$630
- − Insurance
- −$210
- − Repairs & maintenance
- −$956
- − Management
- −$956
- − HOA
- −$5,220
- − Depreciation
- −$1,222
- Taxable income
- $403
- Est. tax owed @ 24.0%
- −$97
- After-tax cash flow
- $640/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
This move-in ready manufactured home features a clean and well-maintained interior with good condition throughout. Minor exterior updates and maintenance can further enhance its curb appeal and value.
Value-add opportunities
- Both Paint the exterior walls and trim. — Enhances curb appeal and can increase both resale and rental value.
- Both Replace the wooden deck. — Improves the home's appearance and can increase both resale and rental value.
- Rental Clean and maintain the HVAC system. — Ensures the home is comfortable and energy-efficient, which is important for rental properties.
Renovation cost estimate screening
Value-add ROI direction
- Both Paint the exterior walls and trim. — Enhances curb appeal and can increase both resale and rental value. ↑
- Both Replace the wooden deck. — Improves the home's appearance and can increase both resale and rental value. ↑
- Rental Clean and maintain the HVAC system. — Ensures the home is comfortable and energy-efficient, which is important for rental properties. ↑
ⓘ 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
- 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
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
-4.0% since first listed5 events — show timeline
- 2026-03-04 Price Changed $47,999 WFRMLS
- 2026-02-04 Listed $49,999 WFRMLS
- 2026-01-02 Listing Removed — WFRMLS
- 2025-11-25 Price Changed $47,999 WFRMLS
- 2025-10-09 Listed $49,999 WFRMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…