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300 E Prosser Rd #57
B- Composite 69.91
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 +3.9/10.0
  • Rent growth +3.8/5.0
  • Livability +2.5/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$95,000

300 E Prosser Rd #57 · Fox Farm-College, WY 82007
3 bd · 2.0 ba · 1,560 sqft · Manufactured · 121 Days on market
Built 2000 Fair condition ↓ 5% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Key facts

  • A c system
  • Remodeled bathroom
  • Open layout

Tags

BRAND NEW FURNACEA C SYSTEMREMODELED BATHROOMWALK IN CLOSETSOPEN LAYOUTGENEROUS LIVING AREAS

Property features AI

Exterior

  • Home design: Mobile home (residential)
  • Construction: Located in Cimmaron Villag subdivision

Interior

  • Bathrooms: 2 full bathrooms
  • Interior features: Accessible entrance

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $95k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $771 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $95k).
  • Recommended offer: $84k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Laramie County School District #1 (urban): math 41% / reading 48% proficiency, ranked #33 of 41 in WY (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Arp Elementary (math 12% / reading 22%, grade F, #148 of 151 statewide, top 98%, 333 students, 72% FRL); Johnson Junior High School (math 29% / reading 42%, grade F, #53 of 55 statewide, top 96%, 647 students, 66% FRL); South High School (math 23% / reading 29%, grade F, #62 of 75 statewide, top 82%, 1,187 students, 56% FRL) — zoned schools average 64% FRL vs 32% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 26% at this address vs 44% district-wide (-18 pts) — the specific schools serving this property underperform the Laramie County School District #1 average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising fast (+5.1%/yr); 171 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 485 units permitted in Laramie County in 2024 (104 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($59k/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 $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Laramie County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 5.1% rent growth), your $27k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 121 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $83,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 121 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  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. 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.
  6. 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.
  7. 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
1.90%
Cap rate
16.03%
Cash-on-cash
34.78%
DSCR
2.55
GRM
4.4

CMA / ARV

ARV (on-the-fly)
$255,840
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
621 Sunridge Dr 0.25mi 4/2.0 (+1) 1,652 (+6%) 2mo $310,000 $188 72
702 Sunridge Dr 0.28mi 3/2.0 1,620 (+4%) 11mo $280,000 $173 72
1409 Renee 0.18mi 3/2.0 1,404 (-10%) 6mo $215,000 $153 70
616 Sunridge Dr 0.26mi 3/2.0 1,453 (-7%) 10mo $295,000 $203 68
300 E Prosser Rd #103 0.09mi 3/2.0 1,344 (-14%) 7mo $30,000 $22 67
609 E Prosser Rd #48 0.21mi 3/2.0 1,360 (-13%) 6mo $35,000 $26 64
612 Sunridge Dr 0.26mi 4/2.0 (+1) 1,404 (-10%) 5mo $230,000 $164 62
1019 Avenue C 0.34mi 3/2.0 1,742 (+12%) 15mo $299,999 $172 52
212 Tyler Pl #43 0.65mi 3/2.0 1,404 (-10%) 10mo $69,900 $50 45
1401 Karen Pl 0.49mi 3/2.0 1,344 (-14%) 16mo $249,000 $185 41
813 E College Dr #4 0.49mi 3/2.0 1,344 (-14%) 16mo $75,000 $56 40
2115 Helen Ave 0.73mi 3/2.0 1,404 (-10%) 18mo $215,000 $153 35

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 · 5.08% rent growth · sell at horizon

5-year hold
IRR
32.6%
Equity multiple
2.41×
Total profit
$37,602
Equity at exit
$14,165
10-year hold
IRR
40.8%
Equity multiple
5.23×
Total profit
$112,617
Equity at exit
$8,214

Cash invested: $26,600 (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.

ZIP-level market 82007

Home prices YoY
-25.9%
Rents YoY
5.1%
Active inventory
171
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$1,807 medium interval (Pro) →
Mortgage (P&I)
$498
Tax est. 1.5%
$119 /mo · $1,425/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$379
Net cashflow
$771

Break-even live

Break-even rent $831
Max offer price $95,000
Occupancy floor 52%

Sensitivity live

Price -10% $837 -5% $804 +0% $771 +5% $738 +10% $705
Rent -10% $628 -5% $700 +0% $771 +5% $842 +10% $914
Rate -1.0pp $819 -0.5pp $795 base $771 +0.5pp $746 +1.0pp $721

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
$23,750
Closing costs
$2,850
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
505 Williams St Cheyenne, WY 2.0–3.0 1.0–2.0 1028 $1,899 $1.85 15d 1 1.03mi

Listing history 20 events

  1. 2026-06-22
    days on market $95,000 Active 121 DOM
  2. 2026-06-19
    days on market $95,000 Active 119 DOM
  3. 2026-06-18
    days on market $95,000 Active 118 DOM
  4. 2026-06-17
    days on market $95,000 Active 117 DOM
  5. 2026-06-16
    days on market $95,000 Active 116 DOM
  6. 2026-06-15
    days on market $95,000 Active 115 DOM
  7. 2026-06-14
    days on market $95,000 Active 113 DOM
  8. 2026-06-13
    days on market $95,000 Active 112 DOM
  9. 2026-06-10
    days on market $95,000 Active 110 DOM
  10. 2026-06-09
    days on market $95,000 Active 109 DOM
  11. 2026-06-08
    days on market $95,000 Active 108 DOM
  12. 2026-06-07
    days on market $95,000 Active 107 DOM
  13. 2026-06-05
    days on market $95,000 Active 104 DOM
  14. 2026-06-03
    days on market $95,000 Active 103 DOM
  15. 2026-06-02
    days on market $95,000 Active 102 DOM
  16. 2026-06-01
    days on market $95,000 Active 101 DOM
  17. 2026-05-31
    days on market $95,000 Active 100 DOM
  18. 2026-05-30
    days on market $95,000 Active 99 DOM
  19. 2026-04-23
    price $105,000
  20. 2026-02-20
    listed $110,000 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 7/10 Severe
  • 🌡 Heat 2/10 Low 6 d/yr ≥88°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,685
− Mortgage interest
−$5,321
− Property taxes
−$1,425
− Insurance
−$475
− Repairs & maintenance
−$1,735
− Management
−$1,735
− Depreciation
−$2,764
Taxable income
$8,230
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,975
After-tax cash flow
$7,277/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

Fair 45/100 Cosmetic rehab

The home is in fair condition with cosmetic updates needed. It has average kitchen and bathroom fixtures, and average exterior siding. The roof and exterior siding require major repairs.

Repairs flagged

  • Major roof — visible wear from satellite image
  • Major exterior siding — gray siding with visible wear

Value-add opportunities

  • Both paint interior walls — Fresh paint can improve the home's appearance and value
  • Both replace ceiling fans — Modern ceiling fans can improve air circulation and add to the home's appeal

Renovation cost estimate screening

Repair itemSeverityEst. cost
roof · visible wear from satellite image Major $15,000–50,000
exterior siding · gray siding with visible wear Major $15,000–50,000
Total estimated repair cost · 2 items $30,000–100,000

Value-add ROI direction

  • Both paint interior walls — Fresh paint can improve the home's appearance and value
  • Both replace ceiling fans — Modern ceiling fans can improve air circulation and add to the home's appeal

ⓘ 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
Laramie County School District #1
NCES district ID
5601980
Math proficiency
41% ▼ -2.00%
Reading proficiency
48% ▼ -2.00%
Median HH income
$56,842
Composite
38.86/100
National rank
#4103
State rank
#33 of 41 in WY

Livability — Fox Farm-College

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Fox Farm-College, WY
County
Laramie County · 94,953 people
Metro
Cheyenne, WY
Population (ZIP)
21,704
Household income
$58,745
Rent vs Own
36.7% rent · 63.3% own
Severe rent burden
854.0

Population outlook (Laramie County) Hauer SSP2

Today (2025)
109,698 people
By 2030
115,710 · +5.5%
By 2040
127,191 · +15.9%
By 2050
138,476 · +26.2%
By 2075
168,653 · +53.7%
By 2100
188,739 · +72.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (66%)
Race & ethnicity
White 66% Hispanic / Latino 27% Two or more races 12% Native American 4% Black 2%
Hispanic origin (detail)
Mexican 21%
Common ancestry
Lithuanian 2% Slovak 2% Portuguese 2%
Foreign-born
5% · Canada, South Korea
Languages at home
88% English-only · Spanish 10%

Political lean MEDSL · Laramie

2024 margin
Solid R (+32.4) · D 33.0% · R 65.4% · Other 1.6%
2008→2024 swing
-12.1pp toward R · 2008: -20.4pp · 2024: -32.4pp
All cycles
2024: R+32.4 2020: R+28.2 2016: R+33.2 2012: R+24.8 2008: R+20.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -90.05%
Current HPI
257.0616
Rent YoY
▲ 5.08%
Metro
Cheyenne, WY
State GDP YoY
F500 in state
0

Price history

-4.5% since first listed
2 events — show timeline
  • 2026-04-23 Price Changed $105,000 CBR
  • 2026-02-20 Listed $110,000 CBR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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