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70200 Dillon Rd #657
B- Composite 69.83
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
  • ARV discount +7.5/15.0
  • Condition / age +3.8/5.0
  • Livability +3.4/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$81,000

70200 Dillon Rd #657 · Desert Edge, CA 92241
1 bd · 1.0 ba · 400 sqft · Manufactured · 92 Days on market
Built 2013 Good condition $202/sqft · 80% above area ↓ 9% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This stunning 2013 Cavco Park Model features around 400 square feet of living space, including one bedroom and one bathroom. High ceilings, modern finishes, and plenty of natural light give the home an inviting and spacious feel. It comes fully furnished, so you're ready to settle in or start your next adventure right away. Outdoors, a roomy covered carport and shed greet you at the front with excellent views of Mt. San Jacinto. The wind-protected, covered back deck faces the desirable 4th hole of the golf course, along with scenic ponds and rolling hills--perfect for unwinding. Caliente Springs is a luxurious 55+ resort community boasting mineral hot spring pools and spas, a 9-hole golf course, water ball, water aerobics, yoga, eight pickleball courts, tennis courts, and many other amenities. Please note that the lot is leased, with space rent set at $950 per month.

Key facts

  • 9 hole golf course
  • Pickleball courts
  • Covered carport

Tags

COVERED CARPORTCOVERED BACK DECKVIEWS OF MT SAN JACINTOMINERAL HOT SPRING POOLS9 HOLE GOLF COURSEPICKLEBALL COURTS

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 1-bed/1.0-bath manufactured listed at $81k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $341 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $81k).
  • Recommended offer: $74k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 68/100 on livability (#297 in CA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, commute D-.
  • Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 216 active listings in the ZIP; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $560 of loan paydown is wiped out by about $2k 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 + 3.0% rent growth), your $23k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 92 days — a 9% lower offer ($74k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: flood insurance adds $125/mo.
  • Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); moderate wildfire risk; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $73,710 (9.0% below list)

Questions for the listing agent

  1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
1.60%
Cap rate
13.20%
Cash-on-cash
24.66%
DSCR
2.10
GRM
5.2

CMA / ARV

ARV (median comp)
$45,000
List price
$81,000
Delta
80.00%
Verdict
OVERPRICED
Comps
12 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
70200 Dillon Rd #192 0.00mi 1/1.0 400 (0%) 4mo $43,000 $108 97
70200 Dillon Rd #2 0.11mi 1/1.0 400 (0%) 3mo $50,000 $125 93
70200 Dillon Rd #393 0.17mi 1/1.0 400 (0%) 1mo $26,500 $66 91
70200 Dillon Rd #190 0.11mi 1/1.0 400 (0%) 5mo $40,000 $100 91
70200 Dillon Rd #25 0.16mi 1/1.0 400 (0%) 2mo $32,500 $81 91
70200 Dillon Rd #402 0.17mi 1/1.0 400 (0%) 3mo $95,000 $238 90
70200 Dillon Rd #425 0.16mi 1/1.0 400 (0%) 4mo $47,000 $118 89
70200 Dillon Rd #28 0.11mi 1/1.0 400 (0%) 10mo $38,000 $95 87
70200 Dillon Rd #585 0.17mi 1/1.0 400 (0%) 7mo $58,000 $145 87
70200 Dillon Rd #515 0.11mi 1/1.0 400 (0%) 14mo $45,000 $113 83
70201 Aurora Rd #149 0.43mi 1/1.0 399 (-0%) 3mo $54,000 $135 77
17405 Corkill Rd #22 0.44mi 1/1.0 432 (+8%) 4mo $65,000 $150 63

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
9.7%
Equity multiple
1.38×
Total profit
$8,675
Equity at exit
$12,077
10-year hold
IRR
18.9%
Equity multiple
2.58×
Total profit
$35,894
Equity at exit
$7,003

Cash invested: $22,680 (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 92241

Home prices YoY
-22.8%
Active inventory
216
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$1,298 medium interval (Pro) →
Mortgage (P&I)
$425
Tax est. 1.5%
$101 /mo · $1,215/yr
Insurance
$34
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$0
Vacancy / Maint / Mgmt
$273
Net cashflow
$341

Break-even live

Break-even rent $867
Max offer price $81,000
Occupancy floor 69%

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
$20,250
Closing costs
$2,430
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. 2026-06-18
    days on market $81,000 Active 92 DOM
  2. 2026-06-17
    days on market $81,000 Active 91 DOM
  3. 2026-06-16
    days on market $81,000 Active 90 DOM
  4. 2026-06-15
    days on market $81,000 Active 89 DOM
  5. 2026-06-13
    days on market $81,000 Active 87 DOM
  6. 2026-06-13
    days on market $81,000 Active 86 DOM
  7. 2026-06-09
    days on market $81,000 Active 83 DOM
  8. 2026-06-08
    days on market $81,000 Active 82 DOM
  9. 2026-06-07
    days on market $81,000 Active 81 DOM
  10. 2026-06-04
    days on market $81,000 Active 78 DOM
  11. 2026-06-03
    days on market $81,000 Active 77 DOM
  12. 2026-06-02
    days on market $81,000 Active 76 DOM
  13. 2026-06-01
    days on market $81,000 Active 75 DOM
  14. 2026-05-31
    days on market $81,000 Active 74 DOM
  15. 2026-03-24
    price $81,000 879-char remark
    Show marketing remark (879 chars)

    This stunning 2013 Cavco Park Model features around 400 square feet of living space, including one bedroom and one bathroom. High ceilings, modern finishes, and plenty of natural light give the home an inviting and spacious feel. It comes fully furnished, so you're ready to settle in or start your next adventure right away. Outdoors, a roomy covered carport and shed greet you at the front with excellent views of Mt. San Jacinto. The wind-protected, covered back deck faces the desirable 4th hole of the golf course, along with scenic ponds and rolling hills--perfect for unwinding. Caliente Springs is a luxurious 55+ resort community boasting mineral hot spring pools and spas, a 9-hole golf course, water ball, water aerobics, yoga, eight pickleball courts, tennis courts, and many other amenities. Please note that the lot is leased, with space rent set at $950 per month.

  16. 2026-03-17
    listed $89,000 Active 879-char remark
    Show marketing remark (879 chars)

    This stunning 2013 Cavco Park Model features around 400 square feet of living space, including one bedroom and one bathroom. High ceilings, modern finishes, and plenty of natural light give the home an inviting and spacious feel. It comes fully furnished, so you're ready to settle in or start your next adventure right away. Outdoors, a roomy covered carport and shed greet you at the front with excellent views of Mt. San Jacinto. The wind-protected, covered back deck faces the desirable 4th hole of the golf course, along with scenic ponds and rolling hills--perfect for unwinding. Caliente Springs is a luxurious 55+ resort community boasting mineral hot spring pools and spas, a 9-hole golf course, water ball, water aerobics, yoga, eight pickleball courts, tennis courts, and many other amenities. Please note that the lot is leased, with space rent set at $950 per month.

ⓘ 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 1/10 Low FEMA zone A · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 8/10 Severe 6 d/yr ≥109°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 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
$15,581
− Mortgage interest
−$4,537
− Property taxes
−$1,215
− Insurance
−$1,907
− Repairs & maintenance
−$1,246
− Management
−$1,246
− Depreciation
−$2,356
Taxable income
$3,072
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$737
After-tax cash flow
$3,352/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 · 13 photos

Good 75/100 Cosmetic rehab

This 2013 Cavco Park Model manufactured home is in good condition with minimal repairs needed. It offers a good investment opportunity with potential for value increase through cosmetic updates and improvements.

Value-add opportunities

  • Both Paint the exterior siding and trim — Painting the exterior can enhance the home's curb appeal and increase its resale value.
  • Both Upgrade the kitchen and bathroom fixtures — Upgrading the kitchen and bathroom fixtures can increase the home's resale value and rental appeal.
  • Both Install new flooring in the kitchen and bathroom — New flooring can improve the home's appearance and increase its resale value.

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint the exterior siding and trim — Painting the exterior can enhance the home's curb appeal and increase its resale value.
  • Both Upgrade the kitchen and bathroom fixtures — Upgrading the kitchen and bathroom fixtures can increase the home's resale value and rental appeal.
  • Both Install new flooring in the kitchen and bathroom — New flooring can improve the home's appearance and increase its resale value.

ⓘ 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
Palm Springs Unified
NCES district ID
0629550
Math proficiency
21% ▼ -7.00%
Reading proficiency
42% ▬ 0.00%
Median HH income
$43,638
Composite
26.76/100
National rank
#7131
State rank
#328 of 517 in CA

Livability — Desert Edge

Score
68/100
State rank
#297
US rank
#9953

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Desert Edge, CA
Population (ZIP)
8,624

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

Race & ethnicity
White 50% Hispanic / Latino 46% Two or more races 16% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 36%
Common ancestry
Lithuanian 3% Slovak 2% Portuguese 2%
Foreign-born
28% · Canada, South Korea
Languages at home
57% English-only · Spanish 38% Chinese 1% Russian/Polish/Slavic 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
▼ -118.23%
Current HPI
400.5663
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

-9.0% since first listed
2 events — show timeline
  • 2026-03-24 Price Changed $81,000 GPSMLS
  • 2026-03-17 Listed $89,000 GPSMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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