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215 Dawn Dr
C+ Composite 63.41
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +4.1/5.0
  • Livability +3.8/5.0
  • Schools +3.1/10.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$79,900

215 Dawn Dr · Mountain Home, ID 83647
3 bd · 2.0 ba · 920 sqft · Manufactured · 161 Days on market
Built 2024 Est $61k · 32% over ↓ 22% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

Key facts

  • New a/c unit
  • Open-concept layout
  • Built 2024

Tags

OPEN-CONCEPT LAYOUTSTAINLESS STEEL APPLIANCESOFF-STREET PARKING PADNEW A/C UNIT

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 $80k.

Deal economics

  • At list price, monthly cash flow is $802 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $80k).
  • Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
  • Cap rate 18.3% vs local median 3.1% in Mountain Home — 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 76/100 on livability (#26 in ID, #3,741 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, amenities F, commute F.
  • Mountain Home District (town): math 28% / reading 44% proficiency, ranked #78 of 92 in ID (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Mountain Home Sr High School (math 21% / reading 44%, grade F, #117 of 169 statewide, top 70%, 960 students, 33% FRL).
  • Market conditions: Rents rising fast (+6.2%/yr); 347 active listings in the ZIP; 129 units permitted in Elmore County in 2024 (0 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Elmore County population projected at -35% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 6.2% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 161 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 2y ago; this cycle's ask has dropped $7k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $70,312 (12.0% below list)

Questions for the listing agent

  1. It's been on market 161 days. Have you received any prior offers? Is the seller open to a 12% 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. 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 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
2.15%
Cap rate
18.33%
Cash-on-cash
43.01%
DSCR
2.91
GRM
3.9

CMA / ARV

ARV (on-the-fly)
$60,720
Comps found
8
Show comp detail 8 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
215 Dawn Dr 0.00mi 3/2.0 920 (0%) 1mo $79,900 $87 99
245 SW Dawn Dr 0.03mi 3/2.0 924 (+0%) 3mo $69,900 $76 96
235 W 9th 0.08mi 3/2.0 924 (+0%) 1mo $55,000 $60 95
290 Colleen Dr 0.06mi 3/2.0 910 (-1%) 9mo $60,000 $66 88
235 Colleen Dr 0.05mi 2/2.0 (-1) 924 (+0%) 6mo $50,000 $54 87
240 Colleen Dr 0.06mi 2/2.0 (-1) 938 (+2%) 6mo $54,900 $59 84
265 Dawn Dr 0.02mi 3/2.0 960 (+4%) 10mo $45,000 $47 83
370 W 12th S #28 0.24mi 3/2.0 880 (-4%) 16mo $90,000 $102 68

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 · 6.23% rent growth · sell at horizon

5-year hold
IRR
43.4%
Equity multiple
2.96×
Total profit
$43,895
Equity at exit
$11,913
10-year hold
IRR
50.9%
Equity multiple
6.78×
Total profit
$129,300
Equity at exit
$6,908

Cash invested: $22,372 (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 83647

Home prices YoY
-31.4%
Rents YoY
6.2%
Active inventory
347
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$1,714 medium interval (Pro) →
Mortgage (P&I)
$419
Tax est. 1.5%
$100 /mo · $1,198/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$360
Net cashflow
$802

Break-even live

Break-even rent $699
Max offer price $79,900
Occupancy floor 48%

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
$19,975
Closing costs
$2,397
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.

Listing history 16 events

  1. 2026-05-15
    price $79,900
  2. 2026-04-18
    status Pending
  3. 2026-03-17
    price $69,900
  4. 2026-01-01
    price $73,000
  5. 2025-12-18
    price $76,000
  6. 2025-12-08
    price $79,999
  7. 2025-11-22
    price $84,000
  8. 2025-11-07
    listed $87,000 Active
  9. 2025-06-30
    soldstatus Sold 434-char remark
    Show marketing remark (434 chars)

    Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

  10. 2025-05-29
    status Pending 434-char remark
    Show marketing remark (434 chars)

    Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

  11. 2025-05-02
    price $75,000 434-char remark
    Show marketing remark (434 chars)

    Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

  12. 2025-04-15
    price $79,000 434-char remark
    Show marketing remark (434 chars)

    Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

  13. 2025-02-18
    price $84,000 434-char remark
    Show marketing remark (434 chars)

    Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

  14. 2025-01-15
    price $89,000 434-char remark
    Show marketing remark (434 chars)

    Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

  15. 2024-12-18
    price $94,900 434-char remark
    Show marketing remark (434 chars)

    Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

  16. 2024-12-02
    listed $103,000 Active 434-char remark
    Show marketing remark (434 chars)

    Experience modern comfort in this brand-new 3-bedroom, 2-bath manufactured home, perfectly situated in the inviting Eagle Wing Mobile Home Park in Mountain Home, Idaho! This thoughtfully designed home features a spacious, open-concept layout with a sleek kitchen equipped with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. Enjoy the added convenience of an off-street parking pad for your vehicles.

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,566
− Mortgage interest
−$4,476
− Property taxes
−$1,198
− Insurance
−$400
− Repairs & maintenance
−$1,645
− Management
−$1,645
− Depreciation
−$2,324
Taxable income
$8,878
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,131
After-tax cash flow
$7,491/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
Mountain Home District
NCES district ID
1602250
Math proficiency
28% ▼ -5.00%
Reading proficiency
44% ▲ 1.00%
Median HH income
$44,262
Composite
30.57/100
National rank
#6203
State rank
#78 of 92 in ID

Livability — Mountain Home

Score
76/100
State rank
#26
US rank
#3741

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Mountain Home, ID
County
Elmore County · 22,952 people
City population
22,952
Metro
Mountain Home, ID
Population (ZIP)
22,952
Household income
$63,760
Rent vs Own
28.5% rent · 71.5% own
Severe rent burden
317.0

Population outlook (Elmore County) Hauer SSP2

Today (2025)
22,644 people
By 2030
21,112 · -6.8%
By 2040
17,768 · -21.5%
By 2050
14,629 · -35.4%
By 2075
9,144 · -59.6%
By 2100
6,006 · -73.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (72%)
Race & ethnicity
White 72% Hispanic / Latino 18% Two or more races 13% Asian 3% Black 2% Native American 1%
Hispanic origin (detail)
Mexican 15%
Common ancestry
Portuguese 4% Lithuanian 3% Scotch-Irish 3%
Foreign-born
10% · Canada
Languages at home
85% English-only · Spanish 10% Russian/Polish/Slavic 2% Chinese 1%

Political lean MEDSL · Elmore

2024 margin
Solid R (+48.5) · D 24.5% · R 73.0% · Other 2.5%
2008→2024 swing
-12.1pp toward R · 2008: -36.4pp · 2024: -48.5pp
All cycles
2024: R+48.5 2020: R+45.5 2016: R+47.0 2012: R+33.9 2008: R+36.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -108.42%
Current HPI
236.3087
Rent YoY
▲ 6.23%
Metro
Mountain Home, ID
State GDP YoY
▲ 4.51%
F500 in state
6

Industry mix (Fortune 500 HQ in ID)

Industry F500 HQs Revenue

Price history

-22.4% since first listed
16 events — show timeline
  • 2026-05-15 Price Changed $79,900 IMLS
  • 2026-04-18 Pending IMLS
  • 2026-03-17 Price Changed $69,900 IMLS
  • 2026-01-01 Price Changed $73,000 IMLS
  • 2025-12-18 Price Changed $76,000 IMLS
  • 2025-12-08 Price Changed $79,999 IMLS
  • 2025-11-22 Price Changed $84,000 IMLS
  • 2025-11-07 Listed $87,000 IMLS
  • 2025-06-30 Sold (MLS) IMLS
  • 2025-05-29 Pending IMLS
  • 2025-05-02 Price Changed $75,000 IMLS
  • 2025-04-15 Price Changed $79,000 IMLS
  • 2025-02-18 Price Changed $84,000 IMLS
  • 2025-01-15 Price Changed $89,000 IMLS
  • 2024-12-18 Price Changed $94,900 IMLS
  • 2024-12-02 Listed $103,000 IMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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