CashFlowRE
Sign in Sign up
1715 Flamingo Unit 61A
B+ Composite 79.03
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 +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +4.1/5.0
  • Schools +3.8/10.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$85,000

1715 Flamingo Unit 61A · Nampa, ID 83651
3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 150 Days on market
Built 1979 Est $103k · 17% under ↓ 35% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to this exceptionally clean and well-maintained 2 bed, 2 bath home in a quiet 55+ community. Nestled at the back of the park with no rear neighbors, this 1152 sq ft home offers privacy and comfort. The spacious master ensuite features a luxurious new shower and new toilet. Besides the large family/dining area, there is an office/den area complete with a built-in desk. The kitchen includes a convection oven with built-in air fryer for convenient cooking. The refrigerator is included. Enjoy outdoor living with a large screened-in front patio and a second screened back deck perfect for relaxing and enjoying the gorgeous Idaho evenings. There are no rear neighbors and a small low maintenance fenced yard is perfect for your furry companion. Sprinklers are manual but operate on a timer. Two large storage sheds provide ample space, one with electricity and a workbench.

Key facts

  • New lvl flooring
  • Private bath
  • Corner lot

Tags

CORNER LOTNEW LVL FLOORINGAMPLE STORAGEPLENTY OF PATIO SPACEPRIVATE BATH

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 $85k.

Deal economics

  • At list price, monthly cash flow is $703 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $85k).
  • Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
  • Cap rate 16.2% vs local median 3.2% in Nampa — 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 72/100 on livability (#47 in ID) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A-; Watch: employment C-, amenities F, commute F.
  • Vallivue School District (rural): math 34% / reading 56% proficiency, ranked #48 of 92 in ID (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: East Canyon Elementary School (math 34% / reading 44%, grade F, #247 of 357 statewide, top 70%, 692 students, 33% FRL); Vallivue Academy (math 24% / reading 75%, grade D+, #40 of 169 statewide, top 26%, 122 students, 77% FRL) — zoned schools at 55% FRL track the district average.
  • Market conditions: Rents rising fast (+6.4%/yr); 319 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 3,620 units permitted in Canyon County in 2024 (196 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Canyon County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 6.4% rent growth), your $24k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 150 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts; this cycle's ask has dropped $40k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 150 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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 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?
  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
1.82%
Cap rate
16.22%
Cash-on-cash
35.45%
DSCR
2.58
GRM
4.6

CMA / ARV

ARV (on-the-fly)
$102,528
Comps found
10
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1715 Flamingo Unit 61A 0.00mi 2/2.0 (-1) 1,152 (0%) 1mo $85,000 $74 94
1715 W Flamingo Ave #97 #97 0.00mi 3/2.0 1,192 (+4%) 11mo $99,500 $83 85
1907 W Flamingo #158 0.15mi 3/2.0 1,216 (+6%) 2mo $285,000 $234 82
1715 W Flamingo Ave #39 Ave 0.00mi 3/2.0 1,120 (-3%) 18mo $87,500 $78 81
1907 W Flamingo #107 0.15mi 2/2.0 (-1) 1,106 (-4%) 6mo $169,900 $154 77
1410 W Flamingo Ave #42 #42 0.23mi 3/2.0 1,248 (+8%) 11mo $99,900 $80 66
1410 Flamingo #73 0.23mi 2/1.0 (-1) 1,198 (+4%) 11mo $75,000 $63 65
1715 W Flamingo Ave #67 0.00mi 2/2.0 (-1) 980 (-15%) 14mo $89,999 $92 58
1907 W Flamingo Ave #73 0.15mi 3/2.0 1,321 (+15%) 15mo $170,000 $129 56
571 Caldwell Blvd Trlr 36 Blvd 0.70mi 3/2.0 1,008 (-12%) 14mo $89,990 $89 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 · 6.41% rent growth · sell at horizon

5-year hold
IRR
34.7%
Equity multiple
2.53×
Total profit
$36,461
Equity at exit
$12,674
10-year hold
IRR
43.2%
Equity multiple
5.77×
Total profit
$113,443
Equity at exit
$7,349

Cash invested: $23,800 (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.

ZIP-level market 83651

Home prices YoY
-28.3%
Rents YoY
6.4%
Active inventory
319
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$1,544 high interval (Pro) →
Mortgage (P&I)
$446
Tax from tax record
$36 /mo · $429/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$324
Net cashflow
$703

Break-even live

Break-even rent $654
Max offer price $85,000
Occupancy floor 49%

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
$21,250
Closing costs
$2,550
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1805 W Bella Ln Nampa, ID 2.0 2.0 965 $1,395 $1.45 21d 1 0.14mi
1435 W Bonneville Cir Unit 1470-103 Nampa, ID 2.0 1.5 970 $1,350 $1.39 2d 1 0.15mi
1865 W Bella Ln Nampa, ID 2.0 2.0 880 $1,395 $1.59 23d 1 0.15mi
1825 W Bella Ln Nampa, ID 2.0 2.0 880 $1,395 $1.59 23d 1 0.15mi
1925 W Bella Ln Nampa, ID 2.0 2.0 965 $1,395 $1.45 23d 1 0.16mi
1490 W Bonneville Cir Nampa, ID 2.0 1.5 970 $1,350 $1.39 23d 1 0.17mi
1860 W Bella Ln Nampa, ID 2.0 2.0 880 $1,395 $1.59 14d 1 0.17mi
1920 W Bella Ln Nampa, ID 2.0 2.0 880 $1,395 $1.59 23d 1 0.19mi
2084 W Bella Ln Unit 1460910P Nampa, ID 3.0 2.0 1237 $3,905 $3.16 23d 1 0.28mi
1013 W Willow Ave Nampa, ID 3.0 1.0 900 $1,500 $1.67 14d 1 0.47mi
1275 Caldwell Blvd Nampa, ID 1.0–3.0 1.0–2.0 921 $1,900 $2.06 23d 1 0.48mi
1215 N Benewah St Nampa, ID 3.0 2.0 1219 $1,250 $1.03 14d 1 0.54mi
1820 W Camelot Dr Nampa, ID 3.0 2.0 1400 $2,195 $1.57 3d 1 0.55mi
11179 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 2d 1 0.57mi
11199 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 23d 1 0.58mi
11188 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 23d 1 0.58mi
11004 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 21d 1 0.60mi
11010 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 23d 1 0.60mi
11160 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 23d 1 0.62mi
11028 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 23d 1 0.63mi
11159 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 23d 1 0.64mi
15690 N Knightgate Ln Nampa, ID 2.0–3.0 2.0–3.0 1239 $1,825 $1.47 2d 3 0.64mi
11034 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 18d 1 0.64mi
11039 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 10d 1 0.64mi
15550 N Kodee Way Nampa, ID 2.0 2.0 900 $1,395 $1.55 14d 1 0.65mi
11130 W Ashburn Ln Nampa, ID 2.0 2.0 1106 $1,650 $1.49 14d 2 0.67mi
11144 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 2d 1 0.70mi
11139 W Brassy Cove Loop Nampa, ID 2.0 2.0 945 $1,395 $1.48 14d 1 0.72mi
11139 W Brassy Cove Loop Unit 201 Nampa, ID 2.0 2.0 900 $1,395 $1.55 21d 1 0.72mi
11082 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 10d 1 0.73mi
11132 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 2d 1 0.74mi
11106 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 2d 1 0.74mi
11215 W Ashburn Ln Nampa, ID 2.0–3.0 2.0–3.0 1176 $1,825 $1.55 2d 2 0.74mi
11214 W Ashburn Ln Nampa, ID 3.0 3.0 1301 $1,825 $1.40 2d 2 0.76mi
11103 W Brassy Cove Loop Nampa, ID 2.0 2.0 900 $1,395 $1.55 2d 1 0.77mi
151 N Midland Blvd Unit 103 Nampa, ID 2.0 2.0 930 $1,325 $1.42 23d 1 0.88mi
151 N Midland Blvd Unit 101 Nampa, ID 2.0 2.0 930 $1,325 $1.42 14d 1 0.88mi
2410 W Vanderbilt Ln Nampa, ID 1.0–3.0 1.0–2.0 1029 $2,425 $2.36 2d 30 0.90mi
450 W Orchard Ave Nampa, ID 1.0–3.0 1.0–2.0 1129 $1,699 $1.50 3d 11 0.91mi
16060 N Merchant Way Nampa, ID 2.0–3.0 2.0 1115 $1,695 $1.52 2d 1 0.96mi

Listing history 13 events

  1. 2026-04-20
    status Pending
  2. 2026-03-21
    price $85,000
  3. 2026-02-03
    price $90,000
  4. 2026-01-22
    status Active
  5. 2026-01-20
    status Pending
  6. 2026-01-02
    price $119,990
  7. 2025-11-18
    listed $125,000 Active
  8. 2025-09-23
    historical
  9. 2025-09-22
    price $129,000
  10. 2025-08-28
    listed $135,000 Active
  11. 2025-06-23
    soldstatus Sold 888-char remark
    Show marketing remark (888 chars)

    Welcome home to this exceptionally clean and well-maintained 2 bed, 2 bath home in a quiet 55+ community. Nestled at the back of the park with no rear neighbors, this 1152 sq ft home offers privacy and comfort. The spacious master ensuite features a luxurious new shower and new toilet. Besides the large family/dining area, there is an office/den area complete with a built-in desk. The kitchen includes a convection oven with built-in air fryer for convenient cooking. The refrigerator is included. Enjoy outdoor living with a large screened-in front patio and a second screened back deck perfect for relaxing and enjoying the gorgeous Idaho evenings. There are no rear neighbors and a small low maintenance fenced yard is perfect for your furry companion. Sprinklers are manual but operate on a timer. Two large storage sheds provide ample space, one with electricity and a workbench.

  12. 2025-06-05
    status Pending 888-char remark
    Show marketing remark (888 chars)

    Welcome home to this exceptionally clean and well-maintained 2 bed, 2 bath home in a quiet 55+ community. Nestled at the back of the park with no rear neighbors, this 1152 sq ft home offers privacy and comfort. The spacious master ensuite features a luxurious new shower and new toilet. Besides the large family/dining area, there is an office/den area complete with a built-in desk. The kitchen includes a convection oven with built-in air fryer for convenient cooking. The refrigerator is included. Enjoy outdoor living with a large screened-in front patio and a second screened back deck perfect for relaxing and enjoying the gorgeous Idaho evenings. There are no rear neighbors and a small low maintenance fenced yard is perfect for your furry companion. Sprinklers are manual but operate on a timer. Two large storage sheds provide ample space, one with electricity and a workbench.

  13. 2025-05-27
    listed $129,900 Active 888-char remark
    Show marketing remark (888 chars)

    Welcome home to this exceptionally clean and well-maintained 2 bed, 2 bath home in a quiet 55+ community. Nestled at the back of the park with no rear neighbors, this 1152 sq ft home offers privacy and comfort. The spacious master ensuite features a luxurious new shower and new toilet. Besides the large family/dining area, there is an office/den area complete with a built-in desk. The kitchen includes a convection oven with built-in air fryer for convenient cooking. The refrigerator is included. Enjoy outdoor living with a large screened-in front patio and a second screened back deck perfect for relaxing and enjoying the gorgeous Idaho evenings. There are no rear neighbors and a small low maintenance fenced yard is perfect for your furry companion. Sprinklers are manual but operate on a timer. Two large storage sheds provide ample space, one with electricity and a workbench.

ⓘ 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
$429 · $36/mo
Projected year-2 tax
$586 · $49/mo
Expected delta
+$158/yr (+$13/mo · 36.7%)

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$18,531
− Mortgage interest
−$4,761
− Property taxes
−$429
− Insurance
−$425
− Repairs & maintenance
−$1,482
− Management
−$1,482
− Depreciation
−$2,473
Taxable income
$7,478
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,795
After-tax cash flow
$6,642/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
Vallivue School District
NCES district ID
1600600
Math proficiency
34% ▼ -9.00%
Reading proficiency
56% ▼ -1.00%
Median HH income
$47,377
Composite
38.3/100
National rank
#4229
State rank
#48 of 92 in ID

Livability — Nampa

Score
72/100
State rank
#47
US rank
#6250

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Nampa, ID
County
Canyon County · 235,358 people
City population
142,249
Metro
Boise City, ID
Population (ZIP)
38,121
Household income
$69,914
Rent vs Own
27.4% rent · 72.6% own
Severe rent burden
723.0

Population outlook (Canyon County) Hauer SSP2

Today (2025)
248,853 people
By 2030
269,596 · +8.3%
By 2040
311,081 · +25.0%
By 2050
350,809 · +41.0%
By 2075
441,884 · +77.6%
By 2100
505,641 · +103.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (70%)
Race & ethnicity
White 70% Hispanic / Latino 24% Two or more races 11%
Hispanic origin (detail)
Mexican 20%
Common ancestry
Portuguese 3% Slovak 2% Lithuanian 2%
Foreign-born
8% · Canada, Vietnam
Languages at home
81% English-only · Spanish 16% German/W. Germanic 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Canyon

2024 margin
Solid R (+46.6) · D 25.4% · R 72.0% · Other 2.5%
2008→2024 swing
-11.4pp toward R · 2008: -35.2pp · 2024: -46.6pp
All cycles
2024: R+46.6 2020: R+39.7 2016: R+41.8 2012: R+37.1 2008: R+35.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -132.40%
Current HPI
335.6717
Rent YoY
▲ 6.41%
Metro
Boise City, ID
State GDP YoY
▲ 4.51%
F500 in state
6

Industry mix (Fortune 500 HQ in ID)

Industry F500 HQs Revenue

Price history

-34.6% since first listed
13 events — show timeline
  • 2026-04-20 Pending IMLS
  • 2026-03-21 Price Changed $85,000 IMLS
  • 2026-02-03 Price Changed $90,000 IMLS
  • 2026-01-22 Relisted IMLS
  • 2026-01-20 Pending IMLS
  • 2026-01-02 Price Changed $119,990 IMLS
  • 2025-11-18 Listed $125,000 IMLS
  • 2025-09-23 Listing Removed IMLS
  • 2025-09-22 Price Changed $129,000 IMLS
  • 2025-08-28 Listed $135,000 IMLS
  • 2025-06-23 Sold (MLS) IMLS
  • 2025-06-05 Pending IMLS
  • 2025-05-27 Listed $129,900 IMLS

Property tax history

+7.3%/yr

Latest (2025): $429 · -5.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…