121 Pine Nut Ln · Red Feather Lakes, CO 80545

$125,000

1 bd · None ba · 500 sqft · SingleFamily public records · 974 Days on market

Built 1965 Fair condition 4,882 sqft lot $250/sqft · 29% below area Est $175k · 29% under

---

Why this score? — see what drove the A- 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
• Appreciation +4.7/10.0
• Schools +4.2/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks MLS

Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

Key facts

• 4,882 sq ft lot
• Built 1965
• Listed 974 days

What this means for you Summary

Snapshot

• This is a 1-bed/?-bath single-family listed at $125k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $893 ($11k/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: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.9% vs local median 4.0% in Red Feather Lakes — 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 55/100 on livability (#344 in CO) — a working-class tenant base; expect higher turnover. Strengths: employment B+, housing B+; Watch: cost of living C-, crime D-, amenities F.
• Poudre School District R-1 (urban): math 45% / reading 60% proficiency, ranked #10 of 86 in CO (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Traut Core Elementary School (math 67% / reading 77%, grade A-, #26 of 966 statewide, top 4%, 502 students, 12% FRL); Cache La Poudre Middle School (math 37% / reading 52%, grade D, #56 of 270 statewide, top 23%, 324 students, 28% FRL); Poudre High School (math 36% / reading 59%, grade D, #131 of 381 statewide, top 34%, 1,663 students, 38% FRL) — zoned schools at 26% FRL track the district average.
• Market conditions: 179 active listings in the ZIP; solid renter incomes; 1,786 units permitted in Larimer County in 2024 (402 in 5+ unit buildings).

Forward outlook

• In year one you build about $168 of equity ($864 loan paydown + $-696 appreciation (-0.6% local appreciation)).
• Larimer County population projected at +51% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.6% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 974 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $28k; list at $125k implies a 355% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $110,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 974 days. Have you received any prior offers? Is the seller open to a 12% 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. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 1.71% ✓
• Cap rate: 14.87%
• Cash-on-cash: 30.63%
• DSCR: 2.36
• GRM: 4.9

CMA / ARV

• ARV (median comp): $174,932
• List price: $125,000
• Delta: -28.54%
• Verdict: UNDERPRICED
• Comps: 19 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
153 Columbine Dr	1.02mi	1/1.0	500 (0%)	5mo	$257,500	$515	61
37 Teddys Ln	1.02mi	1/—	480 (-4%)	2mo	$165,000	$344	57
35 Robin Path	1.10mi	2/— (+1)	480 (-4%)	2mo	$150,000	$313	52
26 Yellow Wolf Way	0.09mi	1/—	600 (+20%)	24mo	$190,000	$317	51
73 Onawa Way	0.72mi	2/— (+1)	500 (0%)	18mo	$100,000	$200	47
123 Nokomis Rd	0.47mi	1/1.0	572 (+14%)	13mo	$268,000	$469	43
108 Buffalo Run Ln	0.48mi	1/1.0	435 (-13%)	16mo	$219,000	$503	43
478 Wapiti Rd	1.03mi	1/1.0	600 (+20%)	1mo	$295,000	$492	39
265 Onawa Rd	0.81mi	1/—	468 (-6%)	22mo	$167,000	$357	36
69 Lakeview Dr	0.77mi	2/1.0 (+1)	564 (+13%)	14mo	$275,000	$488	27
41 Totem Pole Ln	0.92mi	2/— (+1)	600 (+20%)	21mo	$100,000	$167	18

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.56% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.1%
• Equity multiple: 2.43×
• Total profit: $49,997
• Equity at exit: $32,855

10-year hold

• IRR: 34.4%
• Equity multiple: 4.70×
• Total profit: $129,601
• Equity at exit: $36,842

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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 1 active
• Months of supply: 6.0 mo (17%/mo absorbed)
• Median asking: $165,000 ($432/sqft)
• Median days on market: 69 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -19.0% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 80545

• Home prices YoY: -0.2%
• Active inventory: 179
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $2,141 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$90 /mo · $1,083/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$450
• Net cashflow: $893

Break-even live

Break-even rent $1,010

Max offer price $125,000

Occupancy floor 53%

Sensitivity live

Price	-10% $964	-5% $929	+0% $893	+5% $858	+10% $823
Rent	-10% $724	-5% $809	+0% $893	+5% $978	+10% $1,062
Rate	-1.0pp $956	-0.5pp $925	base $893	+0.5pp $861	+1.0pp $828

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
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Property features AI

Exterior

• Security: Smoke detectors
• Home design: Single-family residenceOne levelUnattached property
• Construction: Frame constructionHouse
• Exterior features: Composition roofLot approximately 0.11 acre

Interior

• Kitchen: FreezerMicrowaveOvenRefrigeratorVinyl flooring in kitchen
• Bedrooms: 1 bedroom (main level)
• Flooring: Vinyl (kitchen)
• Heating & cooling: Propane heatingWood stove
• Interior features: Window coveringsPrimary suite

Listing history 33 events

1. 2026-06-30
   days on market $125,000 Active 974 DOM
2. 2026-06-29
   days on market $125,000 Active 973 DOM
3. 2026-06-28
   days on market $125,000 Active 972 DOM
4. 2026-06-28
   days on market $125,000 Active 971 DOM
5. 2026-06-27
   days on market $125,000 Active 970 DOM
6. 2026-06-25
   days on market $125,000 Active 968 DOM
7. 2026-06-23
   days on market $125,000 Active 966 DOM
8. 2026-06-21
   days on market $125,000 Active 965 DOM
9. 2026-06-18
   days on market $125,000 Active 962 DOM
10. 2026-06-17
    days on market $125,000 Active 961 DOM
11. 2026-06-16
    days on market $125,000 Active 960 DOM
12. 2026-06-15
    days on market $125,000 Active 959 DOM
13. 2026-06-14
    days on market $125,000 Active 957 DOM
14. 2026-06-10
    days on market $125,000 Active 954 DOM
15. 2026-06-09
    days on market $125,000 Active 953 DOM
16. 2026-06-08
    days on market $125,000 Active 952 DOM
17. 2026-06-07
    days on market $125,000 Active 951 DOM
18. 2026-06-03
    days on market $125,000 Active 947 DOM
19. 2026-06-02
    days on market $125,000 Active 946 DOM
20. 2026-06-01
    days on market $125,000 Active 945 DOM
21. 2026-05-31
    days on market $125,000 Active 944 DOM
22. 2026-05-30
    days on market $125,000 Active 943 DOM
23. 2025-12-09
    price $125,000

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

24. 2025-12-09
    price $125,000 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

25. 2024-06-27
    price $135,000 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

26. 2024-03-23
    price $149,000 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

27. 2023-10-30
    price $160,000 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

28. 2023-10-01
    price $165,000 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

29. 2023-09-01
    price $170,000 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

30. 2023-07-31
    price $175,000 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

31. 2023-06-30
    price $180,000 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

32. 2023-05-25
    listed $185,000 Active 1312-char remark

    Show marketing remark (1312 chars)

    Welcome to your Sportsman's Paradise! Escape to this well-maintained, fully furnished one bedroom cabin, where relaxation and outdoor adventures await. This cozy retreat is thoughtfully set up and ready for you to unwind and recharge. The cabin's kitchen is equipped with a convenient propane stove/oven, a full-size refrigerator, and ample cabinets for all your storage needs. Preparing meals here will be a joy, whether you're cooking up your catch of the day or preparing a delicious meal for family and friends. Stay warm and comfortable in the inviting living room, where both a propane wall heater and a wood-burning stove provide ample heat on cooler nights. Picture yourself snuggling up with a good book or sharing stories around the fire with loved ones. Embrace the spirit of outdoor living with the included paddle boat and trailer, perfect for exploring the nearby waterways and creating unforgettable memories. Additional sheds and loft space offer plenty of room for storing your outdoor gear, ensuring you have everything you need for your adventures. For fishing enthusiasts, there's an enticing option to retain fishing rights on 8 private lakes, with the cabin for a nominal fee of $500 annually. Imagine the convenience and freedom of fishing at your leisure, just minutes from your doorstep.

33. 1996-11-01
    soldstatus $27,500

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

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $1,083 · $90/mo
• Projected year-2 tax: $1,083 · $90/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 1/10 Low 6 d/yr ≥81°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 23 unhealthy d/yr today · 26 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,689
• − Mortgage interest: −$7,002
• − Property taxes: −$1,083
• − Insurance: −$625
• − Repairs & maintenance: −$2,055
• − Management: −$2,055
• − Depreciation: −$3,636
• Taxable income: $9,232
• Est. tax owed @ 24.0%: −$2,216
• After-tax cash flow: $8,504/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 · 9 photos

Fair 45/100 Moderate rehab Est. rehab $12,500–$22,500 screening

The property is in fair condition with moderate repairs and maintenance needed. Upgrades to the exterior and interior can significantly enhance its value.

Components & finishes AI

Roof asphalt shingle · good

Deferred maintenance Est. $2,500–$10,000 screening

• Minor Roof (roof) — No visible signs of damage or wear
• Minor Windows (windows) — No visible signs of damage or wear
• Minor Electrical (electrical) — No visible signs of damage or wear
• Minor Plumbing (plumbing) — No visible signs of damage or wear
• Minor Exterior (exterior) — No visible signs of damage or wear

Repairs flagged

• Moderate Exterior siding — Weathered and in need of repainting.
• Moderate Landscaping — Sparse and in need of maintenance.
• Minor Interior walls — Signs of wear but not severely damaged.

Value-add opportunities

• Both Paint exterior siding — Enhances curb appeal and value. ↑
• Both Landscaping — Improves curb appeal and enhances property value. ↑
• Both Paint interior walls — Enhances interior appearance and value. ↑
• Both Replace flooring — Modernizes the kitchen and improves functionality. ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 42/100

Zoned Schools

Elementary Harris Bilingual Elementary School F CO #458/966 Nat'l #24,598/41,679 Middle Cache La Poudre Middle School D CO #56/270 Nat'l #4,747/14,009 High Poudre High School D CO #131/381 Nat'l #6,282/17,239

Schools (NCES district)

• District: Poudre School District R-1
• NCES district ID: 0803990
• Math proficiency: 45% ▼ -7.00%
• Reading proficiency: 60% ▼ -2.00%
• Median HH income: $57,281
• Composite: 45.5/100
• National rank: #2610
• State rank: #10 of 86 in CO

D Composite livability gradescore 55/100

Livability — Red Feather Lakes

• Score: 55/100
• State rank: #344
• US rank: #23247

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Red Feather Lakes, CO
• County: Larimer · 415,361 people
• Metro: Fort Collins-Loveland, CO
• Population (ZIP): 913
• Household income: $91,500
• Rent vs Own: 1.4% rent · 98.6% own

---

Population outlook (Larimer County) Hauer SSP2

• Today (2025): 415,361 people
• By 2030: 457,762 · +10.2%
• By 2040: 542,310 · +30.6%
• By 2050: 627,048 · +51.0%
• By 2075: 833,722 · +100.7%
• By 2100: 952,590 · +129.3%

---

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Hispanic / Latino 3%
• Common ancestry: Portuguese 3% Italian 2% Slovak 1%
• Languages at home: 98% English-only · Spanish 2%

---

Political lean MEDSL · Larimer

• 2024 margin: D (+17.6) · D 57.4% · R 39.8% · Other 2.9%
• 2008→2024 swing: +7.9pp toward D · 2008: 9.7pp · 2024: 17.6pp
• All cycles: 2024: D+17.6 2020: D+15.4 2016: D+4.9 2012: D+5.2 2008: D+9.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.56%
• Current HPI: 280.4591
• Rent YoY: —
• Metro: —
• 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

Property features AI

Exterior

• Security: Smoke detectors
• Home design: Single-family residenceOne levelUnattached property
• Construction: Frame constructionHouse
• Exterior features: Composition roofLot approximately 0.11 acre

Interior

• Kitchen: FreezerMicrowaveOvenRefrigeratorVinyl flooring in kitchen
• Bedrooms: 1 bedroom (main level)
• Flooring: Vinyl (kitchen)
• Heating & cooling: Propane heatingWood stove
• Interior features: Window coveringsPrimary suite

Price history

+354.5% since first listed

11 events — show timeline

• 2025-12-09 Price Changed $125,000 REColorado as Distributed by MLS Grid
• 2025-12-09 Price Changed $125,000 IRES
• 2024-06-27 Price Changed $135,000 IRES
• 2024-03-23 Price Changed $149,000 IRES
• 2023-10-30 Price Changed $160,000 IRES
• 2023-10-01 Price Changed $165,000 IRES
• 2023-09-01 Price Changed $170,000 IRES
• 2023-07-31 Price Changed $175,000 IRES
• 2023-06-30 Price Changed $180,000 IRES
• 2023-05-25 Listed $185,000 IRES
• 1996-11-01 Sold (Public Records) $27,500 Public Records

Property tax history

+10.5%/yr

Latest (2025): $1,083 · +18.0% YoY. Source: county tax records.