4130 Dartford Ct · Casper, WY 82609

$349,900

3 bd · 2.0 ba · 1,948 sqft · MultiFamily public records · 1 Days on market

Built 2005 6,547 sqft lot $20/mo HOA · 1% of rent

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Why this score? — see what drove the D+ 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 +18.6/30.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• Schools +4.2/10.0
• 1% rule +3.9/10.0
• Livability +3.9/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Preferred location & perfect size for small family, singles & snowbirds! Vaulted main living room, 3 bedroom, 2 bath with 2 car garage , central air & sprinkler system. This newer and well maintained twin home is affordably priced and close to schools, shopping and all Eastside retail establishments. Neutral colors throughout , good storage, 2 walk-in closets and 2 living areas. Well lit lower level has garden windows for maximum enjoyment. Guest parking, mailboxes & small park are right across the street! There’s a small room on lower level without a closet that would be a perfect home office! Roof new 2019.There is a permanently installed screen for some deck privacy that owner has secured to prevent damage since home now vacant.

Key facts

• 6,547 sq ft lot
• 2 garage spots
• Built 2005

Property features AI

Finance

• HOA & community: Homeowners association with annual fee (about $242 per year)

Exterior

• Parking: Attached garage with garage door opener; 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property
• Construction: Brick veneer construction
• Exterior features: Deck; Porch; Wood fencing

Interior

• Kitchen: Dishwasher; Range / Oven; Microwave; Refrigerator; Garbage disposal
• Bedrooms: Bedrooms with walk-in closets
• Flooring: Carpet; Tile; Vinyl
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Vaulted ceilings; Walk-in closets; Full basement
• Laundry & utility: Washer and dryer included; Laundry located in basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath multifamily listed at $350k.

Deal economics

• At list price, monthly cash flow is $336 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $310k (11.4% below list).
• Recommended offer: $310k (11.4% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 3.0% in Casper — 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 78/100 on livability (#8 in WY, #2,629 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities D, health & safety F.
• Natrona County School District #1 (urban): math 44% / reading 52% proficiency, ranked #32 of 41 in WY (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.6%/yr); 135 active listings in the ZIP; 310 units permitted in Natrona County in 2024 (104 in 5+ unit buildings).
• At $3,100/mo this rent would consume 52% of the median local household income ($71k/yr) (locally 457% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Natrona County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 9y 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

• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $310,000 (11.4% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.89% ✗
• Cap rate: 7.45%
• Cash-on-cash: 4.12%
• DSCR: 1.18
• GRM: 9.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.56% rent growth · sell at horizon

5-year hold

• IRR: -10.3%
• Equity multiple: 0.62×
• Total profit: $-36,780
• Equity at exit: $52,171

10-year hold

• IRR: -1.6%
• Equity multiple: 0.89×
• Total profit: $-10,567
• Equity at exit: $30,253

Cash invested: $97,972 (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 82609

• Rents YoY: 2.6%
• Active inventory: 135
• Price-to-rent: 18.8×

Monthly cashflow live

• Estimated rent: $3,100 medium
• Mortgage (P&I): −$1,835
• Tax from tax record: −$112 /mo · $1,343/yr
• Insurance: −$146
• HOA: −$20
• Vacancy / Maint / Mgmt: −$651
• Net cashflow: $336

Break-even live

Break-even rent $2,674

Max offer price $349,900

Occupancy floor 84%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	3	2	$3,100
Total (2 units)			$3,100

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: $87,475
• Closing costs: $10,497
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $20 · $240/yr

Listing history 12 events

1. 2026-05-14
   status Pending
2. 2026-05-13
   listed $349,900 Active
3. 2022-10-17
   soldstatus
4. 2022-10-14
   soldstatus 771-char remark

   Show marketing remark (771 chars)

   Preferred location & perfect size for small family, singles & snowbirds! Vaulted main living room, 3 bedroom, 2 bath with 2 car garage , central air & sprinkler system. This newer and well maintained twin home is affordably priced and close to schools, shopping and all Eastside retail establishments. Neutral colors throughout , good storage, 2 walk-in closets and 2 living areas. Well lit lower level has garden windows for maximum enjoyment. Guest parking, mailboxes & small park are right across the street! There’s a small room on lower level without a closet that would be a perfect home office! Roof new 2019.There is a permanently installed screen for some deck privacy that owner has secured to prevent damage since home now vacant.

5. 2022-09-23
   listed $286,000 771-char remark

   Show marketing remark (771 chars)

   Preferred location & perfect size for small family, singles & snowbirds! Vaulted main living room, 3 bedroom, 2 bath with 2 car garage , central air & sprinkler system. This newer and well maintained twin home is affordably priced and close to schools, shopping and all Eastside retail establishments. Neutral colors throughout , good storage, 2 walk-in closets and 2 living areas. Well lit lower level has garden windows for maximum enjoyment. Guest parking, mailboxes & small park are right across the street! There’s a small room on lower level without a closet that would be a perfect home office! Roof new 2019.There is a permanently installed screen for some deck privacy that owner has secured to prevent damage since home now vacant.

6. 2022-09-23
   listed $286,000

   Show marketing remark (771 chars)

   Preferred location & perfect size for small family, singles & snowbirds! Vaulted main living room, 3 bedroom, 2 bath with 2 car garage , central air & sprinkler system. This newer and well maintained twin home is affordably priced and close to schools, shopping and all Eastside retail establishments. Neutral colors throughout , good storage, 2 walk-in closets and 2 living areas. Well lit lower level has garden windows for maximum enjoyment. Guest parking, mailboxes & small park are right across the street! There’s a small room on lower level without a closet that would be a perfect home office! Roof new 2019.There is a permanently installed screen for some deck privacy that owner has secured to prevent damage since home now vacant.

7. 2019-11-04
   soldstatus
8. 2019-11-01
   soldstatus
9. 2019-08-10
   listed $239,900
10. 2017-05-26
    soldstatus
11. 2017-04-14
    listed $240,000
12. 2008-04-01
    soldstatus

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

Tax reassessment forecast WY · Resets to sale price

• Current annual tax: $1,343 · $112/mo
• Projected year-2 tax: $2,134 · $178/mo
• Expected delta: +$792/yr (+$66/mo · 59.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 2/10 Low 5 d/yr ≥91°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,200
• − Mortgage interest: −$19,600
• − Property taxes: −$1,343
• − Insurance: −$1,750
• − Repairs & maintenance: −$2,976
• − Management: −$2,976
• − HOA: −$240
• − Depreciation: −$10,179
• Taxable loss: −$1,863
• Est. tax savings @ 24.0%: +$447
• After-tax cash flow: $4,484/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: Natrona County School District #1
• NCES district ID: 5604510
• Math proficiency: 44% ▼ -4.00%
• Reading proficiency: 52% ▼ -2.00%
• Median HH income: $55,217
• Composite: 41.6/100
• National rank: #3437
• State rank: #32 of 41 in WY

Livability — Casper

• Score: 78/100
• State rank: #8
• US rank: #2629

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Casper, WY
• County: Natrona County · 72,922 people
• City population: 72,922
• Metro: Casper, WY
• Population (ZIP): 18,714
• Household income: $71,010
• Rent vs Own: 34.4% rent · 65.6% own
• Severe rent burden: 457.0

Population outlook (Natrona County) Hauer SSP2

• Today (2025): 98,530 people
• By 2030: 107,084 · +8.7%
• By 2040: 124,838 · +26.7%
• By 2050: 143,617 · +45.8%
• By 2075: 192,378 · +95.2%
• By 2100: 228,435 · +131.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 8% Two or more races 5%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Italian 5% Portuguese 5% Lithuanian 4%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · Spanish 3% German/W. Germanic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Natrona

• 2024 margin: Solid R (+48.6) · D 24.8% · R 73.5% · Other 1.7%
• 2008→2024 swing: -14.3pp toward R · 2008: -34.4pp · 2024: -48.6pp
• All cycles: 2024: R+48.6 2020: R+47.6 2016: R+52.2 2012: R+41.1 2008: R+34.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -198.28%
• Current HPI: 172.1146
• Rent YoY: ▲ 2.56%
• Metro: Casper, WY
• State GDP YoY: —
• F500 in state: 0

Price history

+45.8% since first listed

12 events — show timeline

• 2026-05-14 Pending — WMLS
• 2026-05-13 Listed $349,900 WMLS
• 2022-10-17 Sold (Public Records) — Public Records
• 2022-10-14 Sold (MLS) — WMLS
• 2022-09-23 Listed $286,000 WMLS
• 2022-09-23 Listed $286,000 WMLS
• 2019-11-04 Sold (Public Records) — Public Records
• 2019-11-01 Sold (MLS) — WMLS
• 2019-08-10 Listed $239,900 WMLS
• 2017-05-26 Sold (MLS) — WMLS
• 2017-04-14 Listed $240,000 WMLS
• 2008-04-01 Sold (Public Records) — Public Records

Property tax history

-3.0%/yr

Latest (2025): $1,343 · -25.4% YoY. Source: county tax records.