112 S Colorado Ave · Guernsey, WY 82214

$25,000

3 bd · 1.0 ba · 980 sqft · Manufactured · 36 Days on market

Built 1980 Poor condition

---

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
• Appreciation +5.2/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0

Key facts

• Sealed roof
• Storage shed
• Ngfa furnace

Tags

• FULLY FENCED YARD
• STORAGE SHED
• NGFA FURNACE
• NEWER LARGE GARDEN TUB
• UPDATED PLUMBING
• SEALED ROOF

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer; Natural gas available
• Home design: Residential mobile home (manufactured, detached)
• Construction: Metal siding
• Exterior features: Chain link fencing

Interior

• Kitchen: Dishwasher; Refrigerator; Range; Oven
• Flooring: Laminate flooring
• Heating & cooling: Forced air heating
• Interior features: Dishwasher; Refrigerator; Range; Oven

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $25k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $609 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($989 rent vs $25k).
• Recommended offer: $24k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#57 in WY) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, health & safety C-, amenities F.
• Platte County School District #2 (rural): math 40% / reading 50% proficiency, ranked #43 of 48 in WY (top 90%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 32 active listings in the ZIP; 40 units permitted in Platte County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $253 of equity ($173 loan paydown + $80 appreciation (0.3% local appreciation)).
• Platte County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (0.3% appreciation + 3.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($24k) is reasonable based on typical stale-listing flexibility.

Recommended offer $24,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 3.96% ✓
• Cap rate: 35.52%
• Cash-on-cash: 104.38%
• DSCR: 5.64
• GRM: 2.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.32% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.49×
• Total profit: $38,443
• Equity at exit: $7,664

10-year hold

• IRR: —
• Equity multiple: 13.46×
• Total profit: $87,185
• Equity at exit: $9,543

Cash invested: $7,000 (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 82214

• Home prices YoY: 0.2%
• Active inventory: 32
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $989 medium
• Mortgage (P&I): −$131
• Tax est. 1.5%: −$31 /mo · $375/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$208
• Net cashflow: $609

Break-even live

Break-even rent $219

Max offer price $25,000

Occupancy floor 33%

Sensitivity live

Price	-10% $626	-5% $617	+0% $609	+5% $600	+10% $592
Rent	-10% $531	-5% $570	+0% $609	+5% $648	+10% $687
Rate	-1.0pp $621	-0.5pp $615	base $609	+0.5pp $602	+1.0pp $596

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: $6,250
• Closing costs: $750
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-21
   days on market $25,000 Active 36 DOM
2. 2026-06-18
   days on market $25,000 Active 34 DOM
3. 2026-06-17
   days on market $25,000 Active 33 DOM
4. 2026-06-16
   days on market $25,000 Active 32 DOM
5. 2026-06-15
   days on market $25,000 Active 31 DOM
6. 2026-06-15
   days on market $25,000 Active 30 DOM
7. 2026-06-13
   days on market $25,000 Active 29 DOM
8. 2026-06-12
   days on market $25,000 Active 28 DOM
9. 2026-06-09
   days on market $25,000 Active 25 DOM
10. 2026-06-08
    days on market $25,000 Active 24 DOM
11. 2026-06-08
    days on market $25,000 Active 23 DOM
12. 2026-06-05
    days on market $25,000 Active 21 DOM
13. 2026-06-04
    days on market $25,000 Active 20 DOM
14. 2026-06-03
    days on market $25,000 Active 19 DOM
15. 2026-06-02
    days on market $25,000 Active 18 DOM
16. 2026-06-01
    days on market $25,000 Active 17 DOM
17. 2026-05-31
    days on market $25,000 Active 16 DOM
18. 2026-05-15
    listed $25,000 Active

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

Taxation est. · year 1

• Rental income: $11,873
• − Mortgage interest: −$1,400
• − Property taxes: −$375
• − Insurance: −$125
• − Repairs & maintenance: −$950
• − Management: −$950
• − Depreciation: −$727
• Taxable income: $7,345
• Est. tax owed @ 24.0%: −$1,763
• After-tax cash flow: $5,543/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 · 13 photos

Poor 20/100 Extensive rehab

This manufactured home requires extensive repairs and updates to its roof, exterior, flooring, and interior. Significant value can be added through exterior repairs, flooring replacement, and interior updates.

Repairs flagged

• Major roof — visible wear and tear
• Major exterior siding — damaged
• Major flooring — worn and damaged
• Major interior walls/paint — paint peeling
• Major appliances — outdated and worn

Value-add opportunities

• Both exterior siding repair and repainting — enhances curb appeal and value
• Both flooring replacement — improves living space and value
• Both interior wall and paint repair — enhances interior and value
• Both new appliances — improves functionality and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · visible wear and tear	Major	$15,000–50,000
exterior siding · damaged	Major	$15,000–50,000
flooring · worn and damaged	Major	$15,000–50,000
interior walls/paint · paint peeling	Major	$15,000–50,000
appliances · outdated and worn	Major	$15,000–50,000
Total estimated repair cost · 5 items		$75,000–250,000

Value-add ROI direction

• Both exterior siding repair and repainting — enhances curb appeal and value ↑
• Both flooring replacement — improves living space and value ↑
• Both interior wall and paint repair — enhances interior and value ↑
• Both new appliances — improves functionality and value ↑

ⓘ 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: Platte County School District #2
• NCES district ID: 5603180
• Math proficiency: 40% ▲ 5.00%
• Reading proficiency: 50% ▲ 5.00%
• Median HH income: $48,640
• Composite: 40.71/100
• National rank: #7602
• State rank: #43 of 48 in WY

Livability — Guernsey

• Score: 68/100
• State rank: #57
• US rank: #10017

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Guernsey, WY
• City population: 908
• Population (ZIP): 908

Population outlook (Platte County) Hauer SSP2

• Today (2025): 9,041 people
• By 2030: 9,127 · +1.0%
• By 2040: 9,259 · +2.4%
• By 2050: 9,406 · +4.0%
• By 2075: 10,421 · +15.3%
• By 2100: 10,904 · +20.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 10% Hispanic / Latino 6% Native American 2%
• Common ancestry: Iranian 6% Lithuanian 3% Romanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 5% German/W. Germanic 2%

Political lean MEDSL · Platte

• 2024 margin: Solid R (+65.5) · D 16.5% · R 82.0% · Other 1.5%
• 2008→2024 swing: -30.5pp toward R · 2008: -35.0pp · 2024: -65.5pp
• All cycles: 2024: R+65.5 2020: R+61.1 2016: R+60.9 2012: R+42.5 2008: R+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.32%
• Current HPI: 172.4977
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2026-05-15 Listed $25,000 WMLS