49305 California 74 #139 · Palm Desert, CA
Flood risk 4/10 · Minor
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.22%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 8/10 · Major
- Hot days now (above 107°F)
- 9 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +3.8/10.0
- Condition / age +3.8/5.0
- Rent growth +2.9/5.0
- ARV discount +2.7/15.0
- Livability +2.6/5.0
- Appreciation +0.0/10.0
$249,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to Indian Springs, one of the desert's most desirable 55+ communities, where comfort, space, and lifestyle come together beautifully. This exceptional 3 bedroom, 2 bathroom home offers an impressive 1,664 sq. ft. of living space, making it one of the larger homes in the community and providing the flexibility today's buyers are searching for. Inside, you'll find a thoughtfully updated interior highlighted by one of the largest kitchens in the park. Designed with both function and connection in mind, the kitchen opens seamlessly into the expansive living and dining areas, creating an ideal open floor plan perfect for entertaining, relaxing, or simply enjoying everyday living. Ample cabinetry, generous counter space, and natural light make this kitchen the true heart of the home. The versatile third bedroom is a fully permitted flex space, offering endless possibilities. Whether you envision it as a guest bedroom, sunroom, art studio, den, or peaceful retreat, this bonus area adapts effortlessly to your lifestyle and needs. Step outside and discover multiple private patio areas designed to capture the beauty of the surrounding mountain views. The property backs up to Chola Rd, providing added privacy and separation from rear neighbors. These outdoor spaces create the perfect setting for morning coffee, evening sunsets, or entertaining friends while enjoying the desert's year-round climate. Indian Springs community residents enjoy a peaceful environment while remaining conveniently close to shopping, dining, golf, and all the amenities the desert has to offer. On-site management, clubhouse, and community pool/spa are all just steps away. The space rent includes water, sewer, and trash services, offering added value and predictable monthly expenses. This is a rare opportunity to own a spacious, move-in ready home with flexible living space, exceptional outdoor areas, enhanced privacy, and stunning mountain views in one of the area's most sought-after active adult communities.
Key facts
- Community pool
- Largest kitchens
- Enhanced privacy
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $250k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $1k ($16k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $250k).
- Recommended offer: $227k (9.0% below list) — sets the bar for market timing.
- Cap rate 12.8% vs local median 3.5% in Palm Desert — 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 51/100 on livability (#1,050 in CA) — a working-class tenant base; expect higher turnover. Strengths: schools A-, employment B+, housing B; Watch: crime D, amenities F, commute F.
- Desert Sands Unified (suburban): math 31% / reading 56% proficiency, ranked #199 of 517 in CA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+1.6%/yr); 545 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
- At $3,887/mo this rent would consume 67% of the median local household income ($70k/yr) (locally 1734% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 1.6% rent growth), your $70k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 112 days — a 9% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 9→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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.
- 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.
- 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
- 1.56% ✓
- Cap rate
- 12.77%
- Cash-on-cash
- 23.14%
- DSCR
- 2.03
- GRM
- 5.3
CMA / ARV
- ARV (median comp)
- $225,306
- List price
- $249,500
- Delta
- 10.74%
- Verdict
- OVERPRICED
- Comps
- 18 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 49305 Highway 74 #101 | 0.00mi | 3/2.0 | 1,640 (-1%) | 1mo | $90,000 | $55 | 97 |
| 49305 Highway 74 #111 | 0.00mi | 2/2.0 (-1) | 1,650 (-1%) | 4mo | $299,950 | $182 | 90 |
| 49305 Highway 74 #4 | 0.00mi | 2/2.0 (-1) | 1,488 (-11%) | 1mo | $229,000 | $154 | 76 |
| 50 Country Club Dr | 0.25mi | 2/2.0 (-1) | 1,740 (+5%) | 1mo | $170,000 | $98 | 74 |
| 49305 Highway 74 Spc 33 | 0.00mi | 2/2.0 (-1) | 1,440 (-14%) | 0mo | $235,000 | $163 | 72 |
| 49305 Highway 74 #158 | 0.20mi | 2/2.0 (-1) | 1,536 (-8%) | 3mo | $290,000 | $189 | 70 |
| 49305 Highway 74 #6 | 0.00mi | 2/2.0 (-1) | 1,440 (-14%) | 3mo | $248,500 | $173 | 70 |
| 49305 Hwy 74 #89 | 0.11mi | 2/2.0 (-1) | 1,440 (-14%) | 3mo | $131,000 | $91 | 65 |
| 25 Pampas Ln | 0.35mi | 2/2.0 (-1) | 1,536 (-8%) | 2mo | $155,000 | $101 | 64 |
| 49305 Highway 74 #11 | 0.09mi | 2/2.0 (-1) | 1,440 (-14%) | 6mo | $208,500 | $145 | 63 |
| 23 Rustic Rock Ln | 0.20mi | 2/2.0 (-1) | 1,440 (-14%) | 6mo | $260,000 | $181 | 58 |
| 49305 Highway 74 #173 | 0.20mi | 2/2.0 (-1) | 1,416 (-15%) | 8mo | $260,000 | $184 | 54 |
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 · 1.6% rent growth · sell at horizon
- IRR
- 14.6%
- Equity multiple
- 1.57×
- Total profit
- $40,009
- Equity at exit
- $37,201
- IRR
- 22.2%
- Equity multiple
- 2.77×
- Total profit
- $123,988
- Equity at exit
- $21,572
Cash invested: $69,860 (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
ZIP-level market 92260
- Rents YoY
- 1.6%
- Active inventory
- 545
- Price-to-rent
- 5.3×
Monthly cashflow live
- Estimated rent
- $3,887 high interval (Pro) →
- Mortgage (P&I)
- −$1,308
- Tax est. 1.5%
- −$312 /mo · $3,742/yr
- Insurance
- −$104
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$816
- Net cashflow
- $1,347
Break-even live
Sensitivity live
| Price | -10% $1,519 | -5% $1,433 | +0% $1,347 | +5% $1,261 | +10% $1,174 |
|---|---|---|---|---|---|
| Rent | -10% $1,040 | -5% $1,193 | +0% $1,347 | +5% $1,500 | +10% $1,654 |
| Rate | -1.0pp $1,472 | -0.5pp $1,410 | base $1,347 | +0.5pp $1,282 | +1.0pp $1,216 |
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
- $62,375
- Closing costs
- $7,485
- 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 39 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 72304 Blueridge Ct Palm Desert, CA | 2.0 | 2.0 | 1786 | $4,000 | $2.24 | 10d | 1 | 0.21mi |
| 48950 Desert Flower Dr Palm Desert, CA | 3.0 | 2.5 | 1348 | $5,000 | $3.71 | 2d | 1 | 0.22mi |
| 73280 Avenida Descanso Palm Desert, CA | 3.0 | 2.0 | 1290 | $4,250 | $3.29 | 3d | 1 | 0.24mi |
| 48983 Canyon Crest Ln Unit 1 Palm Desert, CA | 3.0 | 2.0 | 1892 | $2,300 | $1.22 | 2d | 1 | 0.26mi |
| 48828 Desert Flower Dr Palm Desert, CA | 2.0 | 1.0 | 1118 | $2,450 | $2.19 | 44d | 1 | 0.26mi |
| 48790 Desert Flower Dr Palm Desert, CA | 3.0 | 2.5 | 1348 | $2,500 | $1.85 | 24d | 1 | 0.29mi |
| 48790 Desert Flower Dr Palm Desert, CA | 3.0 | 2.5 | 1348 | $2,500 | $1.85 | 2d | 1 | 0.29mi |
| 48728 Desert Flower Dr Palm Desert, CA | 3.0 | 2.0 | 1348 | $2,400 | $1.78 | 24d | 1 | 0.31mi |
| 48980 Wildwood Ln Palm Desert, CA | 2.0 | 2.0 | 1184 | $2,795 | $2.36 | 44d | 1 | 0.33mi |
| 72417 Rolling Knolls Dr Palm Desert, CA | 3.0 | 2.0 | 1548 | $6,500 | $4.20 | 44d | 1 | 0.35mi |
| 72346 Sommerset Dr Palm Desert, CA | 2.0 | 2.0 | 1440 | $3,950 | $2.74 | 44d | 1 | 0.40mi |
| 48624 Moon Terrace Ln Palm Desert, CA | 2.0 | 2.0 | 1184 | $2,600 | $2.20 | 15d | 1 | 0.42mi |
| 72350 Rim Dr Palm Desert, CA | 3.0 | 3.0 | 1744 | $3,800 | $2.18 | 15d | 1 | 0.50mi |
| 72409 Glenview Cir Palm Desert, CA | 3.0 | 2.0 | 1786 | $2,700 | $1.51 | 18d | 1 | 0.52mi |
| 72499 Desert Flower Dr Palm Desert, CA | 3.0 | 2.0 | 1786 | $3,400 | $1.90 | 44d | 1 | 0.59mi |
| 73103 Ajo Ln Palm Desert, CA | 2.0 | 3.0 | 1689 | $8,250 | $4.88 | 2d | 1 | 0.69mi |
| 48624 Torrito Ct Palm Desert, CA | 2.0 | 2.0 | 1745 | $7,000 | $4.01 | 2d | 1 | 0.77mi |
| 73153 Ajo Ln Palm Desert, CA | 2.0 | 2.0 | 1585 | $4,500 | $2.84 | 3d | 1 | 0.93mi |
| 72818 Skyward Way Palm Desert, CA | 3.0 | 2.0 | 1810 | $4,000 | $2.21 | 44d | 1 | 0.96mi |
| 72827 Haystack Rd Palm Desert, CA | 4.0 | 4.0 | 2247 | $7,500 | $3.34 | 44d | 1 | 1.03mi |
| 73407 Foxtail Ln Palm Desert, CA | 2.0 | 2.0 | 1426 | $2,600 | $1.82 | 44d | 1 | 1.11mi |
| 73405 Foxtail Ln Palm Desert, CA | 3.0 | 2.5 | 1525 | $4,000 | $2.62 | 44d | 1 | 1.11mi |
| 73422 Irontree Dr Palm Desert, CA | 2.0 | 2.5 | 1502 | $3,500 | $2.33 | 4d | 1 | 1.11mi |
| 73416 Mariposa Dr Palm Desert, CA | 2.0 | 2.0 | 1685 | $5,000 | $2.97 | 44d | 1 | 1.13mi |
| 72870 Deer Grass Dr Palm Desert, CA | 4.0 | 2.5 | 2220 | $5,999 | $2.70 | 44d | 1 | 1.15mi |
| 73429 Foxtail Ln Palm Desert, CA | 2.0 | 3.0 | 1525 | $3,250 | $2.13 | 44d | 1 | 1.15mi |
| 73441 Foxtail Ln Palm Desert, CA | 2.0 | 2.0 | 1426 | $3,495 | $2.45 | 44d | 1 | 1.16mi |
| 73446 Dalea Ln Palm Desert, CA | 2.0 | 2.0 | 1202 | $6,500 | $5.41 | 18d | 1 | 1.19mi |
| 73335 Oriole Ct Palm Desert, CA | 2.0 | 2.0 | 1700 | $6,500 | $3.82 | 44d | 1 | 1.22mi |
| 73476 Dalea Ln Palm Desert, CA | 2.0 | 2.0 | 1271 | $5,000 | $3.93 | 44d | 1 | 1.24mi |
| 73503 Foxtail Ln Palm Desert, CA | 2.0 | 3.0 | 1502 | $2,800 | $1.86 | 19d | 1 | 1.27mi |
| 48910 Noline Pl Palm Desert, CA | 2.0 | 2.0 | 1512 | $7,000 | $4.63 | 3d | 1 | 1.30mi |
| 73409 Little Bend Trl Palm Desert, CA | 3.0 | 3.0 | 1847 | $4,000 | $2.17 | 24d | 1 | 1.32mi |
| 48885 Mariposa Dr Palm Desert, CA | 2.0 | 2.0 | 1164 | $6,900 | $5.93 | 3d | 1 | 1.35mi |
| 73428 Little Bend Trl Palm Desert, CA | 3.0 | 2.0 | 1885 | $4,500 | $2.39 | 11d | 1 | 1.36mi |
| 73680 Irontree Dr Palm Desert, CA | 2.0 | 2.5 | 1819 | $6,500 | $3.57 | 3d | 1 | 1.36mi |
| 73310 Calliandra St Palm Desert, CA | 3.0 | 3.5 | 2225 | $6,600 | $2.97 | 3d | 1 | 1.42mi |
| 72751 Citrus Ct Unit Na Palm Desert, CA | 2.0 | 2.0 | 1350 | $4,000 | $2.96 | 44d | 1 | 1.46mi |
| 48832 Cassia Pl Palm Desert, CA | 3.0 | 3.5 | 2238 | $12,000 | $5.36 | 44d | 1 | 1.48mi |
Listing history 17 events
-
2026-06-18days on market $249,500 Active 112 DOM
-
2026-06-17days on market $249,500 Active 111 DOM
-
2026-06-16days on market $249,500 Active 110 DOM
-
2026-06-15days on market $249,500 Active 109 DOM
-
2026-06-13days on market $249,500 Active 107 DOM
-
2026-06-09days on market $249,500 Active 103 DOM
-
2026-06-08days on market $249,500 Active 102 DOM
-
2026-06-07days on market $249,500 Active 101 DOM
-
2026-06-04days on market $249,500 Active 98 DOM
-
2026-06-03days on market $249,500 Active 97 DOM
-
2026-06-02days on market $249,500 Active 96 DOM
-
2026-06-01days on market $249,500 Active 95 DOM
-
2026-05-31days on market $249,500 Active 94 DOM
-
2026-05-13price $249,500 2014-char remark
Show marketing remark (2014 chars)
Welcome to Indian Springs, one of the desert's most desirable 55+ communities, where comfort, space, and lifestyle come together beautifully. This exceptional 3 bedroom, 2 bathroom home offers an impressive 1,664 sq. ft. of living space, making it one of the larger homes in the community and providing the flexibility today's buyers are searching for. Inside, you'll find a thoughtfully updated interior highlighted by one of the largest kitchens in the park. Designed with both function and connection in mind, the kitchen opens seamlessly into the expansive living and dining areas, creating an ideal open floor plan perfect for entertaining, relaxing, or simply enjoying everyday living. Ample cabinetry, generous counter space, and natural light make this kitchen the true heart of the home. The versatile third bedroom is a fully permitted flex space, offering endless possibilities. Whether you envision it as a guest bedroom, sunroom, art studio, den, or peaceful retreat, this bonus area adapts effortlessly to your lifestyle and needs. Step outside and discover multiple private patio areas designed to capture the beauty of the surrounding mountain views. The property backs up to Chola Rd, providing added privacy and separation from rear neighbors. These outdoor spaces create the perfect setting for morning coffee, evening sunsets, or entertaining friends while enjoying the desert's year-round climate. Indian Springs community residents enjoy a peaceful environment while remaining conveniently close to shopping, dining, golf, and all the amenities the desert has to offer. On-site management, clubhouse, and community pool/spa are all just steps away. The space rent includes water, sewer, and trash services, offering added value and predictable monthly expenses. This is a rare opportunity to own a spacious, move-in ready home with flexible living space, exceptional outdoor areas, enhanced privacy, and stunning mountain views in one of the area's most sought-after active adult communities.
-
2026-03-27price $259,000 2014-char remark
Show marketing remark (2014 chars)
Welcome to Indian Springs, one of the desert's most desirable 55+ communities, where comfort, space, and lifestyle come together beautifully. This exceptional 3 bedroom, 2 bathroom home offers an impressive 1,664 sq. ft. of living space, making it one of the larger homes in the community and providing the flexibility today's buyers are searching for. Inside, you'll find a thoughtfully updated interior highlighted by one of the largest kitchens in the park. Designed with both function and connection in mind, the kitchen opens seamlessly into the expansive living and dining areas, creating an ideal open floor plan perfect for entertaining, relaxing, or simply enjoying everyday living. Ample cabinetry, generous counter space, and natural light make this kitchen the true heart of the home. The versatile third bedroom is a fully permitted flex space, offering endless possibilities. Whether you envision it as a guest bedroom, sunroom, art studio, den, or peaceful retreat, this bonus area adapts effortlessly to your lifestyle and needs. Step outside and discover multiple private patio areas designed to capture the beauty of the surrounding mountain views. The property backs up to Chola Rd, providing added privacy and separation from rear neighbors. These outdoor spaces create the perfect setting for morning coffee, evening sunsets, or entertaining friends while enjoying the desert's year-round climate. Indian Springs community residents enjoy a peaceful environment while remaining conveniently close to shopping, dining, golf, and all the amenities the desert has to offer. On-site management, clubhouse, and community pool/spa are all just steps away. The space rent includes water, sewer, and trash services, offering added value and predictable monthly expenses. This is a rare opportunity to own a spacious, move-in ready home with flexible living space, exceptional outdoor areas, enhanced privacy, and stunning mountain views in one of the area's most sought-after active adult communities.
-
2026-03-12price $265,000 2014-char remark
Show marketing remark (2014 chars)
Welcome to Indian Springs, one of the desert's most desirable 55+ communities, where comfort, space, and lifestyle come together beautifully. This exceptional 3 bedroom, 2 bathroom home offers an impressive 1,664 sq. ft. of living space, making it one of the larger homes in the community and providing the flexibility today's buyers are searching for. Inside, you'll find a thoughtfully updated interior highlighted by one of the largest kitchens in the park. Designed with both function and connection in mind, the kitchen opens seamlessly into the expansive living and dining areas, creating an ideal open floor plan perfect for entertaining, relaxing, or simply enjoying everyday living. Ample cabinetry, generous counter space, and natural light make this kitchen the true heart of the home. The versatile third bedroom is a fully permitted flex space, offering endless possibilities. Whether you envision it as a guest bedroom, sunroom, art studio, den, or peaceful retreat, this bonus area adapts effortlessly to your lifestyle and needs. Step outside and discover multiple private patio areas designed to capture the beauty of the surrounding mountain views. The property backs up to Chola Rd, providing added privacy and separation from rear neighbors. These outdoor spaces create the perfect setting for morning coffee, evening sunsets, or entertaining friends while enjoying the desert's year-round climate. Indian Springs community residents enjoy a peaceful environment while remaining conveniently close to shopping, dining, golf, and all the amenities the desert has to offer. On-site management, clubhouse, and community pool/spa are all just steps away. The space rent includes water, sewer, and trash services, offering added value and predictable monthly expenses. This is a rare opportunity to own a spacious, move-in ready home with flexible living space, exceptional outdoor areas, enhanced privacy, and stunning mountain views in one of the area's most sought-after active adult communities.
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2026-02-22$295,000 Active 2014-char remark
Show marketing remark (2014 chars)
Welcome to Indian Springs, one of the desert's most desirable 55+ communities, where comfort, space, and lifestyle come together beautifully. This exceptional 3 bedroom, 2 bathroom home offers an impressive 1,664 sq. ft. of living space, making it one of the larger homes in the community and providing the flexibility today's buyers are searching for. Inside, you'll find a thoughtfully updated interior highlighted by one of the largest kitchens in the park. Designed with both function and connection in mind, the kitchen opens seamlessly into the expansive living and dining areas, creating an ideal open floor plan perfect for entertaining, relaxing, or simply enjoying everyday living. Ample cabinetry, generous counter space, and natural light make this kitchen the true heart of the home. The versatile third bedroom is a fully permitted flex space, offering endless possibilities. Whether you envision it as a guest bedroom, sunroom, art studio, den, or peaceful retreat, this bonus area adapts effortlessly to your lifestyle and needs. Step outside and discover multiple private patio areas designed to capture the beauty of the surrounding mountain views. The property backs up to Chola Rd, providing added privacy and separation from rear neighbors. These outdoor spaces create the perfect setting for morning coffee, evening sunsets, or entertaining friends while enjoying the desert's year-round climate. Indian Springs community residents enjoy a peaceful environment while remaining conveniently close to shopping, dining, golf, and all the amenities the desert has to offer. On-site management, clubhouse, and community pool/spa are all just steps away. The space rent includes water, sewer, and trash services, offering added value and predictable monthly expenses. This is a rare opportunity to own a spacious, move-in ready home with flexible living space, exceptional outdoor areas, enhanced privacy, and stunning mountain views in one of the area's most sought-after active adult communities.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X · 22% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 8/10 Severe 9 d/yr ≥107°F today · 25 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $46,649
- − Mortgage interest
- −$13,976
- − Property taxes
- −$3,742
- − Insurance
- −$1,248
- − Repairs & maintenance
- −$3,732
- − Management
- −$3,732
- − Depreciation
- −$7,258
- Taxable income
- $12,961
- Est. tax owed @ 24.0%
- −$3,111
- After-tax cash flow
- $13,051/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 · 12 photos
This well-maintained and updated manufactured home in a desirable community offers a good balance of comfort and space, with potential for further improvements to enhance its resale and rental value.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
- Resale Updating the kitchen backsplash — A fresh backsplash can make the kitchen more appealing to potential buyers.
- Resale Upgrading the flooring in the bathrooms — Modern flooring can improve the overall look and feel of the bathrooms.
- Both Adding smart home features — Smart home features can increase convenience and appeal to both buyers and renters.
- Both Landscaping improvements — Enhanced landscaping can boost curb appeal and attract more potential buyers and renters.
Renovation cost estimate screening
Value-add ROI direction
- Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
- Resale Updating the kitchen backsplash — A fresh backsplash can make the kitchen more appealing to potential buyers. ↑
- Resale Upgrading the flooring in the bathrooms — Modern flooring can improve the overall look and feel of the bathrooms. ↑
- Both Adding smart home features — Smart home features can increase convenience and appeal to both buyers and renters. ↑
- Both Landscaping improvements — Enhanced landscaping can boost curb appeal and attract more potential buyers and renters. ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Desert Sands Unified
- NCES district ID
- 0611110
- Math proficiency
- 31% ▼ -4.00%
- Reading proficiency
- 56% ▲ 7.00%
- Median HH income
- $54,957
- Composite
- 37.77/100
- National rank
- #4346
- State rank
- #199 of 517 in CA
Livability — Palm Desert
- Score
- 51/100
- State rank
- #1050
- US rank
- #25164
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Palm Desert, CA
- County
- Riverside County · 2,287,001 people
- City population
- 58,615
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 30,523
- Household income
- $70,091
- Rent vs Own
- Severe rent burden
- 1734.0
Population outlook (Riverside County) Hauer SSP2
- Today (2025)
- 2,664,475 people
- By 2030
- 2,802,692 · +5.2%
- By 2040
- 3,050,904 · +14.5%
- By 2050
- 3,256,783 · +22.2%
- By 2075
- 3,655,058 · +37.2%
- By 2100
- 3,766,594 · +41.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (61%)
- Race & ethnicity
- White 61% Hispanic / Latino 31% Two or more races 20% Asian 4% Black 2%
- Hispanic origin (detail)
- Mexican 25%
- Common ancestry
- Italian 4% Lithuanian 3% Slovak 2%
- Foreign-born
- 18% · Canada, South Korea, Vietnam
- Languages at home
- 73% English-only · Spanish 22% French/Haitian/Cajun 1% Other Indo-European 1%
Political lean MEDSL · Riverside
- 2024 margin
- Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
- 2008→2024 swing
- -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
- All cycles
- 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -364.94%
- Current HPI
- 294.9425
- Rent YoY
- ▲ 1.60%
- Metro
- Riverside-San Bernardino-Ontario, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
-15.4% since first listed4 events — show timeline
- 2026-05-13 Price Changed $249,500 GPSMLS
- 2026-03-27 Price Changed $259,000 GPSMLS
- 2026-03-12 Price Changed $265,000 GPSMLS
- 2026-02-22 Listed $295,000 GPSMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…