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2015 6th Ave Spc 9 #9
B+ Composite 76.7
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 +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$85,000

2015 6th Ave Spc 9 #9 · Clarkston Heights-Vineland, WA 99403
2 bd · 2.0 ba · 1,536 sqft · Manufactured · 10 Days on market
Built 1977 Est $127k · 33% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

The most affordable place to live is here! Spacious double wide home in Clarkston Heights 55+ manufactured home park. Extra large lot with storage shed and raised garden beds. Lots of roses to pick! You enjoy evenings on the covered patio complete with double car carport & ramp. Spacious home offers new carpeting just installed in huge living room with formal dining area & built in hutch. Bright & cheery kitchen even has a built in cutting board, breakfast bar, double ovens too. All appliances are included. Giant primary suite with large tub & shower. Second bedroom & bath adjacent.

Key facts

  • New carpeting
  • Raised garden beds
  • Extra large lot

Tags

EXTRA LARGE LOTSTORAGE SHEDRAISED GARDEN BEDSCOVERED PATIODOUBLE CAR CARPORTNEW CARPETING

Property features AI

Exterior

  • Parking: Attached parking; Carport with 2 covered spaces (total parking for 2)
  • Utilities: Sewer connected
  • Home design: Mobile/manufactured home on a rented lot; Built in 1977
  • Construction: Accessible approach with ramp
  • Exterior features: Metal fencing; Covered patio/deck; Paved road access; Accessible approach with ramp

Interior

  • Kitchen: Double oven; Built-in oven/range; Dishwasher
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Carpet; Vinyl sheet
  • Bathrooms: 2 bathrooms
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning
  • Interior features: Family room; Double vanity; Breakfast bar; Laminate counters
  • Laundry & utility: Washer; Dryer; Utility room on the main level; Electric water heater

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 2-bed/2.0-bath manufactured listed at $85k.

Deal economics

  • At list price, monthly cash flow is $507 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $85k).
  • Cap rate 13.5% vs local median 1.4% in Clarkston Heights-Vineland — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Clarkston School District (suburban): math 38% / reading 57% proficiency, ranked #172 of 291 in WA (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Heights Elementary (361 students, 45% FRL).
  • Market conditions: 249 active listings in the ZIP; 101 units permitted in Asotin County in 2024 (72 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Asotin County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
Recommended offer $85,000

Questions for the listing agent

  1. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.54%
Cap rate
13.45%
Cash-on-cash
25.56%
DSCR
2.14
GRM
5.4

CMA / ARV

ARV (on-the-fly)
$127,488
Comps found
10
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2015 6th Ave #308 0.11mi 2/2.0 1,512 (-2%) 3mo $99,500 $66 90
2115 6th Ave #7 0.11mi 2/2.0 1,440 (-6%) 2mo $119,999 $83 83
2015 6th Ave #11 0.00mi 2/2.0 1,456 (-5%) 13mo $81,400 $56 81
2115 6th Ave #18 0.11mi 3/2.0 (+1) 1,512 (-2%) 11mo $145,000 $96 78
2015 6th Ave Unit 161A 0.00mi 3/2.0 (+1) 1,456 (-5%) 10mo $75,000 $52 78
2175 9th Ave 0.12mi 3/2.0 (+1) 1,568 (+2%) 22mo $345,000 $220 68
2015 6th Ave Unit 127A 0.00mi 3/2.0 (+1) 1,440 (-6%) 23mo $86,500 $60 65
2115 6th Ave Spc 48 0.11mi 3/2.0 (+1) 1,716 (+12%) 8mo $149,000 $87 64
2115 6th Ave Unit #45 Ave 0.11mi 2/2.0 1,344 (-12%) 21mo $79,000 $59 57
2141 6th Ave 0.12mi 2/2.0 1,752 (+14%) 18mo $340,000 $194 55

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
19.1%
Equity multiple
1.78×
Total profit
$18,502
Equity at exit
$12,674
10-year hold
IRR
27.5%
Equity multiple
3.42×
Total profit
$57,624
Equity at exit
$7,349

Cash invested: $23,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Washington
28 Tenant-Leaning · D+8
County
— inherits STATE
City
— inherits STATE
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

ZIP-level market 99403

Active inventory
249
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$1,309 medium interval (Pro) →
Mortgage (P&I)
$446
Tax from tax record
$46 /mo · $554/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$275
Net cashflow
$507

Break-even live

Break-even rent $668
Max offer price $85,000
Occupancy floor 56%

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
$21,250
Closing costs
$2,550
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 8 events

  1. 2026-06-19
    days on market $85,000 Active 10 DOM
  2. 2026-06-18
    days on market $85,000 Active 9 DOM
  3. 2026-06-17
    days on market $85,000 Active 8 DOM
  4. 2026-06-16
    days on market $85,000 Active 7 DOM
  5. 2026-06-15
    days on market $85,000 Active 6 DOM
  6. 2026-06-14
    days on market $85,000 Active 4 DOM
  7. 2026-06-12
    remarks 601-char remark
  8. 2026-06-12
    listed $85,000 Active 3 DOM

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

Tax reassessment forecast WA · Resets to sale price

Current annual tax
$554 · $46/mo
Projected year-2 tax
$833 · $69/mo
Expected delta
+$279/yr (+$23/mo · 50.2%)

ⓘ 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 · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 4/10 Moderate 6 d/yr ≥100°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 8/10 Severe 12 unhealthy d/yr today · 17 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$15,712
− Mortgage interest
−$4,761
− Property taxes
−$554
− Insurance
−$425
− Repairs & maintenance
−$1,257
− Management
−$1,257
− Depreciation
−$2,473
Taxable income
$4,985
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,196
After-tax cash flow
$4,888/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
Clarkston School District
NCES district ID
5301320
Math proficiency
38% ▼ -4.00%
Reading proficiency
57% ▲ 1.00%
Median HH income
$42,030
Composite
42.03/100
National rank
#7065
State rank
#172 of 291 in WA

Livability — Clarkston Heights-Vineland

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Clarkston Heights-Vineland, WA
Population (ZIP)
20,483

Population outlook (Asotin County) Hauer SSP2

Today (2025)
22,623 people
By 2030
22,746 · +0.5%
By 2040
22,597 · -0.1%
By 2050
21,947 · -3.0%
By 2075
19,478 · -13.9%
By 2100
16,206 · -28.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Two or more races 6% Hispanic / Latino 5% Native American 1% Asian 1%
Common ancestry
Portuguese 3% Lithuanian 2% Slovak 2%
Foreign-born
2% · Canada
Languages at home
97% English-only · Spanish 2% Tagalog/Filipino 1%

Political lean MEDSL · Asotin

2024 margin
Strong R (+25.6) · D 35.8% · R 61.5% · Other 2.7%
2008→2024 swing
-12.2pp toward R · 2008: -13.4pp · 2024: -25.6pp
All cycles
2024: R+25.6 2020: R+25.7 2016: R+26.8 2012: R+16.7 2008: R+13.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -346.91%
Current HPI
173.3027
Rent YoY
Metro
State GDP YoY
▲ 4.65%
F500 in state
22

Industry mix (Fortune 500 HQ in WA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-06-09 Listed $85,000 IMLS

Property tax history

+22.0%/yr

Latest (2025): $554 · +213.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…