727 S Joe Martinez Ln · Pueblo West, CO 81007

$145,000

2 bd · 1.0 ba · 784 sqft · Manufactured public records · 144 Days on market

Built 1982 0.25 ac lot Est $160k · 9% 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 +26.5/30.0
• ARV discount +11.7/15.0
• DSCR +9.1/10.0
• 1% rule +5.9/10.0
• 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 MLS

NEWLY RENOVATED AND ADORABLE! NEW CARPET, LINOLEUM, PAINT, KITCHEN CABINETS, HOT WATER HEATER AND MUCH MORE! GOOD SIZE LOT.

Key facts

• Covered porch
• Off street parking
• Fenced yard

Tags

• COVERED PORCH
• FENCED YARD
• OFF STREET PARKING
• NEWER GAS STOVE
• NEWER FRIDGE
• WALK IN SHOWER

Property features AI

Finance

• HOA & community: No association amenities

Exterior

• Parking: No garage
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Residential mobile home
• Construction: Frame construction; Composition roof; Above-grade finished area
• Exterior features: Garden; Deck; Irregular lot

Interior

• Kitchen: Range; Oven; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Natural gas forced air heating; Evaporative cooling
• Interior features: Master bedroom on the main level; No fireplace
• Laundry & utility: Washer and dryer included; Laundry located on the main level

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $145k.

Deal economics

• At list price, monthly cash flow is $385 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.5% 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; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 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 $1k 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 144 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 20y ago; this cycle's ask has dropped $35k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $35k; list at $145k implies a 314% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $127,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 144 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. 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: 1.09% ✓
• Cap rate: 9.48%
• Cash-on-cash: 11.37%
• DSCR: 1.51
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $159,936
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
241 E Don Dr	0.36mi	2/1.0	784 (0%)	3mo	$160,000	$204	81
281 E Stewart Dr	0.44mi	2/1.0	742 (-5%)	9mo	$59,000	$80	63
256 E Byrd Dr	0.54mi	2/2.0	798 (+2%)	8mo	$185,000	$232	60
41 E Rolling Hills Dr	0.74mi	2/1.0	728 (-7%)	13mo	$100,000	$137	43

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: -2.5%
• Equity multiple: 0.91×
• Total profit: $-3,669
• Equity at exit: $21,620

10-year hold

• IRR: 4.0%
• Equity multiple: 1.25×
• Total profit: $10,253
• Equity at exit: $12,537

Cash invested: $40,600 (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: 7.7×

Monthly cashflow live

• Estimated rent: $1,577 high
• Mortgage (P&I): −$760
• Tax from tax record: −$40 /mo · $480/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$331
• Net cashflow: $385

Break-even live

Break-even rent $1,090

Max offer price $145,000

Occupancy floor 71%

Sensitivity live

Price	-10% $467	-5% $426	+0% $385	+5% $344	+10% $303
Rent	-10% $260	-5% $323	+0% $385	+5% $447	+10% $509
Rate	-1.0pp $458	-0.5pp $422	base $385	+0.5pp $347	+1.0pp $309

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 13 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	14d	1	0.27mi
512 S Aguilar Dr Pueblo West, CO	1.0–2.0	1.5	825	$1,185	$1.44	14d	2	0.44mi
82 W Baldwyn Dr Unit 86 Pueblo West, CO	3.0	2.0	1100	$1,700	$1.55	22d	1	0.59mi
82 W Baldwyn Dr #88 Pueblo, CO	3.0	2.0	1100	$1,700	$1.55	14d	1	0.59mi
531 S Angus Ave Apt 11 Pueblo West, CO	2.0	1.0	768	$1,359	$1.77	14d	1	0.77mi
531 S Angus Ave Unit 13 Pueblo West, CO	2.0	1.0	768	$1,250	$1.63	14d	1	0.79mi
531 S Angus Ave Apt 2 Pueblo West, CO	2.0	1.0	768	$1,299	$1.69	14d	1	0.79mi
208 W Palmer Lake Dr Pueblo, CO	2.0	1.0	900	$1,050	$1.17	22d	1	1.00mi
896 S Harmony Dr Pueblo West, CO	2.0	2.0	771	$1,600	$2.08	14d	1	1.03mi
898 S Harmony Dr Pueblo West, CO	2.0	2.0	771	$1,600	$2.08	14d	1	1.03mi
318 W Coral Dr Pueblo West, CO	2.0	2.0	1060	$1,575	$1.49	22d	1	1.26mi
692 E Hahns Peak Ave Pueblo West, CO	3.0	2.0	1100	$2,000	$1.82	14d	1	1.47mi
690 E Hahns Peak Ave Pueblo, CO	3.0	2.0	1100	$2,000	$1.82	14d	1	1.47mi

Listing history 28 events

1. 2026-06-19
   days on market $145,000 Active 144 DOM
2. 2026-06-18
   days on market $145,000 Active 143 DOM
3. 2026-06-17
   days on market $145,000 Active 142 DOM
4. 2026-06-16
   days on market $145,000 Active 141 DOM
5. 2026-06-15
   days on market $145,000 Active 140 DOM
6. 2026-06-14
   days on market $145,000 Active 138 DOM
7. 2026-06-13
   days on market $145,000 Active 137 DOM
8. 2026-06-10
   days on market $145,000 Active 135 DOM
9. 2026-06-09
   days on market $145,000 Active 134 DOM
10. 2026-06-08
    days on market $145,000 Active 133 DOM
11. 2026-06-07
    days on market $145,000 Active 132 DOM
12. 2026-06-05
    days on market $145,000 Active 129 DOM
13. 2026-06-03
    days on market $145,000 Active 128 DOM
14. 2026-06-02
    days on market $145,000 Active 127 DOM
15. 2026-06-01
    days on market $145,000 Active 126 DOM
16. 2026-05-31
    days on market $145,000 Active 125 DOM
17. 2026-05-30
    days on market $145,000 Active 124 DOM
18. 2026-05-23
    price $145,000
19. 2026-05-01
    price $155,000
20. 2026-04-16
    price $165,000
21. 2026-03-31
    price $175,000
22. 2026-03-11
    status Active
23. 2026-03-06
    historical Active Under Contract
24. 2026-01-26
    listed $180,000 Active
25. 2006-10-24
    soldstatus $35,000
26. 2006-10-23
    soldstatus $34,900 123-char remark

    Show marketing remark (123 chars)

    NEWLY RENOVATED AND ADORABLE! NEW CARPET, LINOLEUM, PAINT, KITCHEN CABINETS, HOT WATER HEATER AND MUCH MORE! GOOD SIZE LOT.

27. 2006-09-01
    listed $34,900 123-char remark

    Show marketing remark (123 chars)

    NEWLY RENOVATED AND ADORABLE! NEW CARPET, LINOLEUM, PAINT, KITCHEN CABINETS, HOT WATER HEATER AND MUCH MORE! GOOD SIZE LOT.

28. 1982-06-08
    soldstatus $6,300

ⓘ 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: $480 · $40/mo
• Projected year-2 tax: $798 · $66/mo
• Expected delta: +$318/yr (+$26/mo · 66.2%)

ⓘ 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 5/10 Major
• 🌡 Heat 4/10 Moderate 6 d/yr ≥96°F today · 14 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: $18,921
• − Mortgage interest: −$8,122
• − Property taxes: −$480
• − Insurance: −$725
• − Repairs & maintenance: −$1,514
• − Management: −$1,514
• − Depreciation: −$4,218
• Taxable income: $2,349
• Est. tax owed @ 24.0%: −$564
• After-tax cash flow: $4,055/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

+2201.6% since first listed

11 events — show timeline

• 2026-05-23 Price Changed $145,000 PARMLS
• 2026-05-01 Price Changed $155,000 PARMLS
• 2026-04-16 Price Changed $165,000 PARMLS
• 2026-03-31 Price Changed $175,000 PARMLS
• 2026-03-11 Relisted — PARMLS
• 2026-03-06 Contingent — PARMLS
• 2026-01-26 Listed $180,000 PARMLS
• 2006-10-24 Sold (Public Records) $35,000 Public Records
• 2006-10-23 Sold (MLS) $34,900 PARMLS
• 2006-09-01 Listed $34,900 PARMLS
• 1982-06-08 Sold (Public Records) $6,300 Public Records

Property tax history

+7.3%/yr

Latest (2025): $480 · +89.0% YoY. Source: county tax records.