356 E Walton Dr · Pueblo West, CO 81007

$125,000

2 bd · 2.0 ba · 938 sqft · Manufactured public records · 65 Days on market

Built 1982 6,534 sqft lot Est $158k · 21% under

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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 +29.4/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Lowest price residentiol property in Pueblo West. SOLD AS IS !! Seller in process of purging. CASH SALE only, no loans no owner carry. Tenant in place for new buyer to negotiate a new lease. 4 hour notice required on all showings. Needs some love but overall in decent shape and comes with all the appliances and a HUGE 2 car detached garage. Garage roof only 3 years old. Seller will make no repairs, as is. Interior photos to follow.

Key facts

• 6,534 sq ft lot
• 2 garage spots
• Built 1982

Property features AI

Finance

• HOA & community: No association amenities

Exterior

• Parking: Detached garage; 2 garage spaces
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Manufactured home (residential); Single-story
• Construction: Frame construction with metal siding; Composition roof
• Exterior features: Covered patio; Patio; Wood fencing; Irregular lot

Interior

• Kitchen: Range; Oven; Refrigerator
• Bedrooms: 2 main-level bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms (both on main level)
• Heating & cooling: Natural gas forced-air heating; Evaporative cooling; Ceiling fans
• Interior features: Ceiling fans; Walk-in closet(s); Primary bedroom on main level; Double-pane windows; Smoke detectors
• Laundry & utility: Washer; Dryer; Laundry on main level

🏷️ Possibly a rental listed for sale. The $125,000 price doesn't fit this home's estimated sale value (~$157,584) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $125k.

Deal economics

• At list price, monthly cash flow is $442 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $118k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 3.6% in Pueblo West — 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 63/100 on livability (#189 in CO) — a middle-class / working-renter tenant base. Strengths: housing A+, employment B+; Watch: health & safety C-, schools D+, crime F.
• Pueblo County School District 70 (suburban): math 24% / reading 43% proficiency, ranked #40 of 86 in CO (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.1%/yr); 633 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 269 units permitted in Pueblo County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Pueblo County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 18y 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: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $117,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.32% ✓
• Cap rate: 10.53%
• Cash-on-cash: 15.15%
• DSCR: 1.67
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $157,584
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
376 E Stanley Dr	0.08mi	2/2.0	928 (-1%)	1mo	$215,000	$232	94
364 E Stanley Dr	0.06mi	3/2.0 (+1)	960 (+2%)	6mo	$67,000	$70	84
270 E Stewart Dr	0.25mi	2/2.0	960 (+2%)	2mo	$235,000	$245	83
825 S Tolstoi Dr	0.30mi	3/2.0 (+1)	938 (0%)	6mo	$149,900	$160	76
353 E Byrd Dr	0.18mi	3/2.0 (+1)	1,064 (+13%)	2mo	$180,000	$169	63
256 E Byrd Dr	0.24mi	2/2.0	798 (-15%)	8mo	$185,000	$232	57
745 S Walton Dr	0.44mi	2/2.0	1,072 (+14%)	8mo	$180,000	$168	49
68 E Dante Pl	0.52mi	2/2.0	1,066 (+14%)	8mo	$175,000	$164	46
739 S Walton Dr	0.43mi	3/2.0 (+1)	1,024 (+9%)	20mo	$190,000	$186	43
992 S Saki Dr	0.74mi	3/2.0 (+1)	1,072 (+14%)	5mo	$180,000	$168	32
119 E Homer Dr	0.46mi	3/2.0 (+1)	1,078 (+15%)	20mo	$152,500	$141	32

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 2.4%
• Equity multiple: 1.09×
• Total profit: $3,069
• Equity at exit: $18,638

10-year hold

• IRR: 8.8%
• Equity multiple: 1.58×
• Total profit: $20,294
• Equity at exit: $10,808

Cash invested: $35,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 81007

• Home prices YoY: -22.9%
• Rents YoY: -0.1%
• Active inventory: 633
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,653 high
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $442

Break-even live

Break-even rent $1,093

Max offer price $125,000

Occupancy floor 68%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
655 S Inca Dr Pueblo, CO	3.0	2.0	1008	$2,000	$1.98	13d	1	0.52mi
512 S Aguilar Dr Pueblo West, CO	1.0–2.0	1.5	825	$1,185	$1.44	13d	2	0.92mi
692 E Hahns Peak Ave Pueblo West, CO	3.0	2.0	1100	$2,000	$1.82	13d	1	1.07mi
690 E Hahns Peak Ave Pueblo, CO	3.0	2.0	1100	$2,000	$1.82	13d	1	1.07mi
82 W Baldwyn Dr Unit 86 Pueblo West, CO	3.0	2.0	1100	$1,700	$1.55	21d	1	1.16mi
82 W Baldwyn Dr #88 Pueblo, CO	3.0	2.0	1100	$1,700	$1.55	13d	1	1.16mi
667 E Clarion Dr Unit D Pueblo West, CO	2.0	1.0	900	$1,400	$1.56	13d	1	1.24mi
531 S Angus Ave Apt 11 Pueblo West, CO	2.0	1.0	768	$1,359	$1.77	13d	1	1.37mi
531 S Angus Ave Apt 2 Pueblo West, CO	2.0	1.0	768	$1,299	$1.69	13d	1	1.39mi
531 S Angus Ave Unit 13 Pueblo West, CO	2.0	1.0	768	$1,250	$1.63	13d	1	1.39mi

Listing history 20 events

1. 2026-06-19
   days on market $125,000 Active 65 DOM
2. 2026-06-18
   days on market $125,000 Active 64 DOM
3. 2026-06-17
   days on market $125,000 Active 63 DOM
4. 2026-06-16
   days on market $125,000 Active 62 DOM
5. 2026-06-15
   days on market $125,000 Active 61 DOM
6. 2026-06-14
   days on market $125,000 Active 59 DOM
7. 2026-06-13
   days on market $125,000 Active 58 DOM
8. 2026-06-10
   days on market $125,000 Active 56 DOM
9. 2026-06-09
   days on market $125,000 Active 55 DOM
10. 2026-06-08
    days on market $125,000 Active 54 DOM
11. 2026-06-07
    days on market $125,000 Active 53 DOM
12. 2026-06-05
    days on market $125,000 Active 50 DOM
13. 2026-06-03
    days on market $125,000 Active 49 DOM
14. 2026-06-02
    days on market $125,000 Active 48 DOM
15. 2026-06-01
    days on market $125,000 Active 47 DOM
16. 2026-05-31
    days on market $125,000 Active 46 DOM
17. 2026-05-30
    days on market $125,000 Active 45 DOM
18. 2026-04-15
    listed $125,000 Active
19. 2011-07-27
    listed $39,900
20. 2008-07-23
    listed $69,900

ⓘ 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 ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,834
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$1,587
• − Management: −$1,587
• − Depreciation: −$3,636
• Taxable income: $3,522
• Est. tax owed @ 24.0%: −$845
• After-tax cash flow: $4,457/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: Pueblo County School District 70
• NCES district ID: 0806150
• Math proficiency: 24% ▼ -4.00%
• Reading proficiency: 43% ▼ -2.00%
• Median HH income: $59,438
• Composite: 29.93/100
• National rank: #6381
• State rank: #40 of 86 in CO

Livability — Pueblo West

• Score: 63/100
• State rank: #189
• US rank: #15760

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pueblo West, CO
• County: Pueblo County · 151,887 people
• Metro: Pueblo, CO
• Population (ZIP): 35,690
• Household income: $96,713
• Rent vs Own: 12.7% rent · 87.3% own
• Severe rent burden: 353.0

Population outlook (Pueblo County) Hauer SSP2

• Today (2025): 173,240 people
• By 2030: 177,716 · +2.6%
• By 2040: 185,125 · +6.9%
• By 2050: 190,642 · +10.0%
• By 2075: 201,611 · +16.4%
• By 2100: 196,443 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 29% Two or more races 11% Asian 1% Black 1%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Romanian 2% Lithuanian 2% Italian 2%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 7%

Political lean MEDSL · Pueblo

• 2024 margin: Lean R (+5.1) · D 46.2% · R 51.3% · Other 2.5%
• 2008→2024 swing: -20.1pp toward R · 2008: 15.0pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+1.7 2016: D+0.3 2012: D+13.1 2008: D+15.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -82.80%
• Current HPI: 279.191
• Rent YoY: ▼ -0.10%
• Metro: Pueblo, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

+78.8% since first listed

3 events — show timeline

• 2026-04-15 Listed $125,000 PARMLS
• 2011-07-27 Listed $39,900 PARMLS
• 2008-07-23 Listed $69,900 PARMLS

Property tax history

-4.1%/yr

Latest (2021): $110 · -25.7% YoY. Source: county tax records.