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10161 Evelyn Ave
C+ Composite 61.74
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 +17.0/30.0
  • ARV discount +15.0/15.0
  • Appreciation +10.0/10.0
  • DSCR +5.3/10.0
  • Rent growth +3.9/5.0
  • 1% rule +3.7/10.0
  • Condition / age +2.5/5.0
  • Livability +2.2/5.0
  • Schools +2.1/10.0

$240,000

10161 Evelyn Ave · California City, CA 93505
3 bd · 2.0 ba · 1,651 sqft · SingleFamily public records · 7 Days on market
Built 2006 10,454 sqft lot Est $337k · 29% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Home features 9' walls, granite countertops in kitchen, 4 bed and two bath. Ceramic tile in kitchen, dining room and bathrooms. Also includes Indoor laundry. Property is sold AS-IS. Buyer to verify all facts.

Key facts

  • Solar
  • Quarter acre lot
  • Quiet neighborhood

Tags

QUARTER ACRE LOTOUTDOOR LIVINGSOLARQUIET NEIGHBORHOOD

Property features AI

Exterior

  • Parking: Attached 2-car garage
  • Utilities: Public water; Septic sewer; Natural gas
  • Home design: Traditional single-story home; Facing not specified
  • Construction: Stucco exterior; Composition shingle roof; Concrete slab foundation; Built on lot in Tract 2252; Zoned R1
  • Exterior features: RV access possible; Contracted solar panels; Paved streets

Interior

  • Kitchen: Dishwasher; Microwave; Gas oven
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central air
  • Interior features: Family room; Fireplace in family room

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 single-family listed at $240k.

Deal economics

  • At list price, monthly cash flow is $163 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (12.7% below list).
  • Recommended offer: $210k (12.7% below list) — sets the bar for 1% rule.
  • Cap rate 7.1% vs local median 5.2% in California City — 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 44/100 on livability (#1,329 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
  • Mojave Unified (town): math 25% / reading 25% proficiency, ranked #411 of 517 in CA (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+5.5%/yr); 703 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 5.5% rent growth), your $67k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 20y 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.
  • Current owner paid $91k; list at $240k implies a 164% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $209,567 (12.7% below list)

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 F-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. 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?
  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
0.87%
Cap rate
7.11%
Cash-on-cash
2.91%
DSCR
1.13
GRM
9.5

CMA / ARV

ARV (on-the-fly)
$336,804
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
9840 Margery Ave 0.27mi 3/2.0 1,625 (-2%) 2mo $275,000 $169 83
9925 Irene Ave 0.34mi 3/2.5 1,750 (+6%) 0mo $280,000 $160 72
21601 Adler 0.27mi 3/2.0 1,859 (+13%) 1mo $360,000 $194 66
9701 Susan Ave 0.52mi 3/2.0 1,753 (+6%) 3mo $345,000 $197 63
10611 Garibaldi Dr 0.48mi 3/2.0 1,500 (-9%) 1mo $175,000 $117 62
10549 Camille Ct 0.53mi 3/2.0 1,508 (-9%) 1mo $319,000 $212 60
21631 Sheridan Ct 0.48mi 4/2.0 (+1) 1,792 (+8%) 4mo $389,000 $217 55
9908 Susan Ave 0.35mi 4/2.0 (+1) 1,429 (-13%) 3mo $320,000 $224 54
9508 Evelyn Ave 0.71mi 3/2.0 1,475 (-11%) 0mo $300,000 $203 49
21251 Calhoun Ct 0.70mi 3/2.0 1,429 (-13%) 4mo $330,000 $231 42
21241 Calhoun Ct 0.67mi 4/2.0 (+1) 1,429 (-13%) 2mo $323,000 $226 39
21420 Reed Pl 0.69mi 4/3.0 (+1) 1,858 (+12%) 1mo $379,900 $204 37

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

Projected returns pro-forma

10.0% appreciation · 5.45% rent growth · sell at horizon

5-year hold
IRR
27.2%
Equity multiple
3.18×
Total profit
$146,318
Equity at exit
$216,211
10-year hold
IRR
24.4%
Equity multiple
7.46×
Total profit
$434,435
Equity at exit
$466,267

Cash invested: $67,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
18 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City
— inherits STATE
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 93505

Home prices YoY
13.0%
Rents YoY
5.5%
Active inventory
703
Price-to-rent
9.5×

Monthly cashflow live

Estimated rent
$2,096 high interval (Pro) →
Mortgage (P&I)
$1,259
Tax from tax record
$134 /mo · $1,607/yr
Insurance
$100
HOA
$0
Vacancy / Maint / Mgmt
$440
Net cashflow
$163

Break-even live

Break-even rent $1,889
Max offer price $240,000
Occupancy floor 87%

Sensitivity live

Price -10% $299 -5% $231 +0% $163 +5% $95 +10% $27
Rent -10% $-2 -5% $80 +0% $163 +5% $246 +10% $329
Rate -1.0pp $284 -0.5pp $224 base $163 +0.5pp $101 +1.0pp $38

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
$60,000
Closing costs
$7,200
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.

Rent comps 10 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
10193 Evelyn Ave California City, CA 3.0 2.0 1616 $2,150 $1.33 15d 1 0.06mi
21319 Conklin Ct California City, CA 2.0 2.0 1816 $2,200 $1.21 45d 1 0.58mi
21235 Windsong St California City, CA 3.0 3.0 1780 $2,100 $1.18 24d 1 0.69mi
9548 Sally Ave Unit B California City, CA 3.0 2.5 1200 $1,695 $1.41 24d 1 0.74mi
21187 Conklin Blvd California City, CA 3.0 2.0 1473 $1,800 $1.22 15d 1 0.74mi
9931 Putter Ct California City, CA 3.0 2.0 1445 $1,675 $1.16 4d 1 0.75mi
9524 Sally Ave Unit C California City, CA 2.0 1.5 1140 $1,300 $1.14 24d 1 0.77mi
21398 Baldwin Ln California City, CA 4.0 2.0 1527 $2,000 $1.31 3d 1 0.99mi
9019 Evelyn Ave California City, CA 4.0 2.0 1731 $2,600 $1.50 4d 1 1.12mi
21231 Corwin St California City, CA 3.0 2.0 1632 $2,500 $1.53 24d 1 1.40mi

Listing history 8 events

  1. 2026-05-19
    listed $240,000 Active
  2. 2015-03-16
    historical
  3. 2009-03-17
    soldstatus $91,000 208-char remark
    Show marketing remark (208 chars)

    Home features 9' walls, granite countertops in kitchen, 4 bed and two bath. Ceramic tile in kitchen, dining room and bathrooms. Also includes Indoor laundry. Property is sold AS-IS. Buyer to verify all facts.

  4. 2008-11-10
    listed $94,900 208-char remark
    Show marketing remark (208 chars)

    Home features 9' walls, granite countertops in kitchen, 4 bed and two bath. Ceramic tile in kitchen, dining room and bathrooms. Also includes Indoor laundry. Property is sold AS-IS. Buyer to verify all facts.

  5. 2008-03-13
    listed $124,000
  6. 2006-08-11
    soldstatus $262,500
  7. 2006-03-09
    listed $254,900
  8. 2004-11-22
    soldstatus $9,500

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

Tax reassessment forecast CA · Resets to sale price

Current annual tax
$1,607 · $134/mo
Projected year-2 tax
$1,824 · $152/mo
Expected delta
+$217/yr (+$18/mo · 13.5%)

ⓘ 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 1/10 Low
  • 🌡 Heat 8/10 Severe 6 d/yr ≥101°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 13 unhealthy d/yr today · 15 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
$25,148
− Mortgage interest
−$13,444
− Property taxes
−$1,607
− Insurance
−$1,200
− Repairs & maintenance
−$2,012
− Management
−$2,012
− Depreciation
−$6,982
Taxable loss
−$2,108
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$506
After-tax cash flow
$2,463/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
Mojave Unified
NCES district ID
0625230
Math proficiency
25% ▲ 11.00%
Reading proficiency
25% ▼ -1.00%
Median HH income
$43,017
Composite
21.4/100
National rank
#8350
State rank
#411 of 517 in CA

Livability — California City

Score
44/100
State rank
#1329
US rank
#26753

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
California City, CA
County
Kern County · 710,371 people
City population
14,353
Metro
Bakersfield, CA
Population (ZIP)
14,353
Household income
$59,827
Rent vs Own
44.6% rent · 55.4% own
Severe rent burden
883.0

Population outlook (Kern County) Hauer SSP2

Today (2025)
947,286 people
By 2030
978,984 · +3.3%
By 2040
1,045,018 · +10.3%
By 2050
1,105,232 · +16.7%
By 2075
1,229,538 · +29.8%
By 2100
1,238,059 · +30.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.70)
Race & ethnicity
Hispanic / Latino 40% White 30% Black 22% Two or more races 16% Native American 3% Asian 1%
Hispanic origin (detail)
Mexican 29%
Common ancestry
Italian 3% Lithuanian 1% Romanian 1%
Foreign-born
13% · Canada, Dominican Republic
Languages at home
68% English-only · Spanish 29%

Political lean MEDSL · Kern

2024 margin
Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
2008→2024 swing
-3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
All cycles
2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8

Not yet ingested

Civics

Market trends

HPI YoY
▲ 46.32%
Current HPI
402.4192
Rent YoY
▲ 5.45%
Metro
Bakersfield, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+2426.3% since first listed
9 events — show timeline
  • 2026-05-27 Pending AVMLS
  • 2026-05-19 Listed $240,000 AVMLS
  • 2015-03-16 Listing Removed AVMLS
  • 2009-03-17 Sold (MLS) $91,000 AVMLS
  • 2008-11-10 Listed $94,900 AVMLS
  • 2008-03-13 Listed $124,000 AVMLS
  • 2006-08-11 Sold (MLS) $262,500 AVMLS
  • 2006-03-09 Listed $254,900 AVMLS
  • 2004-11-22 Sold (Public Records) $9,500 Public Records

Property tax history

+1.0%/yr

Latest (2025): $1,607 · -4.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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