107 S Van Wyck Ave · Cascade, ID 83611

$375,000

4 bd · 2.0 ba · 1,404 sqft · Manufactured public records · 3 Days on market

Built 2007 7,405 sqft lot Est $468k · 20% under

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Why this score? — see what drove the C 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 +19.2/30.0
• ARV discount +15.0/15.0
• DSCR +6.1/10.0
• 1% rule +5.1/10.0
• Schools +3.7/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming and affordable single-level home in the heart of Cascade! This well-maintained 4-bedroom, 2-bath manufactured home offers over 1,400 square feet of comfortable living space on a concrete foundation. The open-concept floor plan features luxury vinyl plank (LVP) flooring, stainless steel appliances, and a spacious living area perfect for gathering with family and friends. Situated on a generous lot with ample room to build a garage, shop, or additional outdoor living space. Located in downtown Cascade, this property offers the convenience of being close to local shops, restaurants, schools, and everyday amenities. Enjoy year-round access on a maintained road with city services, all while being just minutes from Lake Cascade, Idaho's fourth-largest lake. Outdoor enthusiasts will love the nearby Payette River, public lands, boating, fishing, hiking, ATV trails, and endless recreational opportunities. Whether you're looking for a full-time residence, vacation getaway, or investment property, this home offers an excellent opportunity to enjoy the Cascade lifestyle at an affordable price.

Key facts

• Generous lot
• Single-level home
• Concrete foundation

Tags

• SINGLE-LEVEL HOME
• CONCRETE FOUNDATION
• OPEN-CONCEPT FLOOR PLAN
• LUXURY VINYL PLANK FLOORING
• STAINLESS STEEL APPLIANCES
• GENEROUS LOT

Property features AI

Exterior

• Utilities: City water service; Sewer connected
• Home design: Manufactured home on land; Built in 2007
• Construction: Wood siding; Crawl space foundation; Metal roof; Built in 2007
• Exterior features: Metal roof; Standard lot (approx. 6,000–9,999 sq ft); Currently used as a single-family property

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Freestanding oven/range; Pantry
• Bedrooms: 4 bedrooms, all on the main level
• Flooring: Carpet; Laminate
• Bathrooms: 2 bathrooms
• Heating & cooling: Forced air heating; Propane heating; No central air listed
• Interior features: Master bathroom; Main-level master bedroom; Family room; Pantry; Laminate countertops
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $375k.

Deal economics

• At list price, monthly cash flow is $408 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $375k).
• Cap rate 7.6% vs local median 3.6% in Cascade — 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 66/100 on livability (#116 in ID) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, crime A-; Watch: employment C-, amenities F, commute F.
• Cascade District (rural): math 35% / reading 45% proficiency, ranked #94 of 133 in ID (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cascade Elementary School (math 54% / reading 44%, grade D, #148 of 357 statewide, top 47%, 119 students, 33% FRL); Cascade Jr/Sr High School (math 54% / reading 74%, grade B-, #10 of 169 statewide, top 7%, 87 students, 15% FRL).
• Zoned-school proficiency averages 57% at this address vs 40% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Cascade District average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 410 active listings in the ZIP; 250 units permitted in Valley County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Valley County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 12y 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: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $375,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.01% ✓
• Cap rate: 7.60%
• Cash-on-cash: 4.66%
• DSCR: 1.21
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $467,532
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
737 S Main St	0.74mi	3/2.0 (-1)	1,248 (-11%)	12mo	$415,000	$333	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -9.0%
• Equity multiple: 0.67×
• Total profit: $-34,715
• Equity at exit: $55,914

10-year hold

• IRR: 0.5%
• Equity multiple: 1.03×
• Total profit: $3,474
• Equity at exit: $32,423

Cash invested: $105,000 (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.

Methodology + full state rankings →

ZIP-level market 83611

• Home prices YoY: -27.9%
• Active inventory: 410
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $3,797 medium
• Mortgage (P&I): −$1,967
• Tax est. 1.5%: −$469 /mo · $5,625/yr
• Insurance: −$156
• HOA: −$0
• Vacancy / Maint / Mgmt: −$797
• Net cashflow: $408

Break-even live

Break-even rent $3,280

Max offer price $375,000

Occupancy floor 84%

Sensitivity live

Price	-10% $667	-5% $538	+0% $408	+5% $279	+10% $149
Rent	-10% $108	-5% $258	+0% $408	+5% $558	+10% $708
Rate	-1.0pp $597	-0.5pp $503	base $408	+0.5pp $311	+1.0pp $212

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-06-21
   statusdays on market $375,000 Pending 3 DOM
2. 2026-06-18
   days on market $375,000 Active 2 DOM
3. 2026-06-17
   remarks 699-char remark
4. 2026-06-17
   listed $375,000 Active 1 DOM

ⓘ 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 8/10 Severe
• 🌡 Heat 2/10 Low 7 d/yr ≥89°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 10 unhealthy d/yr today · 17 by 30 yrs out

Taxation est. · year 1

• Rental income: $45,564
• − Mortgage interest: −$21,006
• − Property taxes: −$5,625
• − Insurance: −$1,875
• − Repairs & maintenance: −$3,645
• − Management: −$3,645
• − Depreciation: −$10,909
• Taxable loss: −$1,141
• Est. tax savings @ 24.0%: +$274
• After-tax cash flow: $5,171/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: Cascade District
• NCES district ID: 1600630
• Math proficiency: 35% ▲ 5.00%
• Reading proficiency: 45% ▬ 0.00%
• Median HH income: $49,227
• Composite: 36.83/100
• National rank: #9162
• State rank: #94 of 133 in ID

Livability — Cascade

• Score: 66/100
• State rank: #116
• US rank: #12378

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cascade, ID
• Population (ZIP): 2,997

Population outlook (Valley County) Hauer SSP2

• Today (2025): 10,964 people
• By 2030: 11,279 · +2.9%
• By 2040: 11,584 · +5.7%
• By 2050: 11,754 · +7.2%
• By 2075: 12,246 · +11.7%
• By 2100: 11,948 · +9.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 7% Two or more races 6%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Slovak 7% Dutch 6% Portuguese 5%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Valley

• 2024 margin: R (+18.6) · D 39.6% · R 58.2% · Other 2.2%
• 2008→2024 swing: -11.6pp toward R · 2008: -6.9pp · 2024: -18.6pp
• All cycles: 2024: R+18.6 2020: R+13.7 2016: R+18.6 2012: R+11.6 2008: R+6.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -118.61%
• Current HPI: 307.0117
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 4.51%
• F500 in state: 6

Industry mix (Fortune 500 HQ in ID)

Industry	F500 HQs	Revenue
▸Retail	1	$79B
▸Technology	1	$25B
▸Food / Agriculture	1	$6B

Price history

+400.0% since first listed

16 events — show timeline

• 2026-06-16 Listed $375,000 MCAOR
• 2026-06-16 Listed $375,000 IMLS
• 2024-06-06 Sold (Public Records) — Public Records
• 2024-06-06 Sold (MLS) — MCAOR
• 2024-06-06 Sold (MLS) — IMLS
• 2024-03-14 Delisted — MCAOR
• 2024-03-14 Listed $328,500 MCAOR
• 2024-03-14 Listed $328,500 IMLS
• 2018-09-18 Sold (MLS) — IMLS
• 2018-09-14 Sold (Public Records) — Public Records
• 2018-09-14 Sold (MLS) — MCAOR
• 2018-06-29 Listed $139,900 IMLS
• 2018-06-20 Listed $139,900 MCAOR
• 2014-08-29 Sold (Public Records) — Public Records
• 2014-08-29 Sold (MLS) — MCAOR
• 2014-03-13 Listed $75,000 MCAOR

Property tax history

-4.2%/yr

Latest (2025): $628 · +9.5% YoY. Source: county tax records.