🏷️ Likely Rental
1097 N State St #75 · Hemet, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 7/10 · Major
- Hot days now (above 104°F)
- 6 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 12 days/yr
- Unhealthy air days in 30 yrs
- 14 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
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +2.9/5.0
- Livability +2.6/5.0
- Appreciation +2.5/10.0
- Schools +2.5/10.0
- Condition / age +2.2/5.0
- Manufactured-home adj. -6.2
$80,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Tired of paying too much for Rent? Do you think Homeownership is out of your reach? Don't give up on your dreams! The right opportunity may be just around the corner, around the corner of N. State St at Space #75 to be exact. Welcome to Desert Palms, a manufactured home community for ALL-AGES. This community is conveniently located for commuters, close to shopping, schools and entertainment like Soboba Casino. Within the community you will find Space #75, located near the front entrance, close to the clubhouse and within walking distance to the large guest parking lot. This home features 3 bedrooms all with WALK-IN closets, 2 baths and a small yard.
Key facts
- 2 parking spots
- Community pool
- Built 1974
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $80k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $714 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $80k).
- Recommended offer: $75k (6.0% below list) — sets the bar for market timing.
- Cap rate 17.0% vs local median 4.4% in Hemet — 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 (#1,056 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: crime D+, amenities F, commute F.
- San Jacinto Unified (suburban): math 13% / reading 36% proficiency, ranked #421 of 517 in CA (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Park Hill Elementary (890 students, 87% FRL); North Mountain Middle (math 24% / reading 24%, grade F, #277 of 498 statewide, top 73%, 844 students, 90% FRL); San Jacinto High (math 14% / reading 38%, grade F, #807 of 1,170 statewide, top 69%, 2,617 students, 85% FRL) — zoned schools average 87% FRL vs 68% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.8%/yr); 292 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 67d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% 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).
- This rent runs 36% of the median local income ($49k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $553 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 + 1.8% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 90 days — a 6% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 6→17/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 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1974 — 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 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?
- 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
- 1.87% ✓
- Cap rate
- 17.00%
- Cash-on-cash
- 38.23%
- DSCR
- 2.70
- GRM
- 4.5
CMA / ARV
- ARV (median comp)
- $128,948
- List price
- $80,000
- Delta
- -37.96%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1097 N N State St #194 | 0.03mi | 3/2.0 (+1) | 1,080 (-6%) | 2mo | $125,000 | $116 | 81 |
| 1097 N State St #548 | 0.00mi | 3/2.0 (+1) | 1,248 (+8%) | 14mo | $140,000 | $112 | 70 |
| 1097 N State St #79 | 0.04mi | 2/1.0 | 1,056 (-8%) | 14mo | $102,000 | $97 | 69 |
| 1097 N State St #213 | 0.04mi | 3/2.0 (+1) | 1,248 (+8%) | 14mo | $90,000 | $72 | 67 |
| 1455 S State St #238 | 0.37mi | 3/2.0 (+1) | 1,248 (+8%) | 5mo | $145,000 | $116 | 59 |
| 1455 S State St #271 | 0.37mi | 3/2.0 (+1) | 1,224 (+6%) | 11mo | $140,000 | $114 | 58 |
| 1455 S State St S #310 | 0.37mi | 3/2.0 (+1) | 1,120 (-3%) | 23mo | $120,000 | $107 | 54 |
| 1300 W Menlo Ave #89 | 0.73mi | 2/2.0 | 1,248 (+8%) | 1mo | $56,000 | $45 | 51 |
| 1455 S State St #49 | 0.37mi | 2/2.0 | 1,000 (-13%) | 14mo | $74,900 | $75 | 49 |
| 1455 S State St #275 | 0.37mi | 2/2.0 | 1,000 (-13%) | 20mo | $40,000 | $40 | 44 |
| 622 Arlington Way | 0.72mi | 2/2.0 | 1,000 (-13%) | 2mo | $45,000 | $45 | 43 |
| 631 Taschner Dr | 0.74mi | 2/2.0 | 1,320 (+15%) | 18mo | $252,000 | $191 | 26 |
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 · 1.76% rent growth · sell at horizon
- IRR
- 33.0%
- Equity multiple
- 2.37×
- Total profit
- $30,609
- Equity at exit
- $11,928
- IRR
- 39.3%
- Equity multiple
- 4.47×
- Total profit
- $77,671
- Equity at exit
- $6,917
Cash invested: $22,400 (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
Active competition Active MLS
- For sale now
- 17 active · 14 under contract
- Months of supply
- 5.4 mo (19%/mo absorbed)
- Median asking
- $119,999 ($108/sqft)
- Median days on market
- 98 d
- This list price
- 12% of active listings are priced below it
- ARV vs active asking
- +3.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 92543
- Home prices YoY
- -26.7%
- Rents YoY
- 1.8%
- Active inventory
- 292
- Price-to-rent
- 4.5×
Monthly cashflow live
- Estimated rent
- $1,497 high interval (Pro) →
- Mortgage (P&I)
- −$420
- Tax from tax record
- −$16 /mo · $198/yr
- Insurance
- −$33
- HOA
- −$0
- Lot rent leased land?
- −$0
- Vacancy / Maint / Mgmt
- −$314
- Net cashflow
- $714
Break-even live
Sensitivity live
| Price | -10% $759 | -5% $736 | +0% $714 | +5% $691 | +10% $668 |
|---|---|---|---|---|---|
| Rent | -10% $595 | -5% $654 | +0% $714 | +5% $773 | +10% $832 |
| Rate | -1.0pp $754 | -0.5pp $734 | base $714 | +0.5pp $693 | +1.0pp $672 |
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
- $20,000
- Closing costs
- $2,400
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 828 N Buena Vista St Unit A Hemet, CA | 2.0 | 1.0 | 725 | $1,650 | $2.28 | 2d | 1 | 0.62mi |
| 1775 S Santa Fe Ave San Jacinto, CA | 1.0–3.0 | 1.0–2.0 | 1025 | $2,425 | $2.37 | 2d | 1 | 0.71mi |
| 1555 S Santa Fe Ave San Jacinto, CA | 3.0 | 2.0 | 1161 | $2,300 | $1.98 | 73d | 1 | 0.78mi |
| 1555 S Santa Fe Ave San Jacinto, CA | 2.0 | 1.0 | 921 | $2,100 | $2.28 | 31d | 1 | 0.78mi |
| N Santa Fe St GLMN HOT SPGS, CA | 2.0–3.0 | 2.0 | 1053 | $2,350 | $2.23 | 2d | 2 | 0.80mi |
| 1569 Willowcreek Loop San Jacinto, CA | 2.0 | 1.5 | 921 | $2,100 | $2.28 | 73d | 1 | 0.81mi |
| 526 Greystone Ln Apt 3 Hemet, CA | 2.0 | 1.0 | 700 | $1,650 | $2.36 | 93d | 1 | 0.87mi |
| 526 Greystone Ln Hemet, CA | 2.0 | 1.0 | 700 | $1,600 | $2.29 | 93d | 1 | 0.87mi |
| 526 Greystone Ln Hemet, CA | 2.0 | 1.0 | 700 | $1,600 | $2.29 | 23d | 1 | 0.87mi |
| 646 Greystone Ln Apt 2 Hemet, CA | 3.0 | 1.0 | 750 | $1,500 | $2.00 | 93d | 1 | 0.91mi |
| 663 Mariposa Dr Hemet, CA | 2.0 | 2.0 | 1440 | $1,450 | $1.01 | 17d | 1 | 0.92mi |
| 1700 Walden Ln Hemet, CA | 3.0 | 2.0 | 1430 | $2,395 | $1.67 | 36d | 1 | 0.96mi |
| 461 N Franklin St Hemet, CA | 2.0 | 1.0 | 768 | $1,550 | $2.02 | 21d | 1 | 0.99mi |
| 446 N Elk St Unit D Hemet, CA | 2.0 | 1.0 | 980 | $1,600 | $1.63 | 7d | 1 | 1.05mi |
| 2014 Iris Way Hemet, CA | 3.0 | 2.0 | 1192 | $2,850 | $2.39 | 93d | 1 | 1.10mi |
| 1270 Rosalia Ave Unit 1 Hemet, CA | 2.0 | 1.0 | 900 | $1,800 | $2.00 | 93d | 1 | 1.10mi |
| 910 E Campus Way Unit 910 Hemet, CA | 2.0 | 1.0 | 940 | $1,550 | $1.65 | 93d | 1 | 1.14mi |
| 1931 Nuevo St Hemet, CA | 2.0 | 1.0 | 820 | $1,600 | $1.95 | 93d | 1 | 1.15mi |
| 236 N Alessandro St Hemet, CA | 3.0 | 2.0 | 1100 | $2,495 | $2.27 | 13d | 1 | 1.15mi |
| 1933 Nuevo St Hemet, CA | 2.0 | 1.0 | 827 | $1,700 | $2.06 | 73d | 1 | 1.15mi |
| 627 Solano Dr Hemet, CA | 2.0 | 2.0 | 882 | $1,800 | $2.04 | 67d | 1 | 1.18mi |
| 1118 E Campus Way Hemet, CA | 2.0 | 2.0 | 900 | $2,200 | $2.44 | 73d | 1 | 1.20mi |
| 2208 El Grande St Hemet, CA | 2.0 | 2.0 | 1327 | $2,100 | $1.58 | 67d | 1 | 1.20mi |
| 2208 El Grande St Hemet, CA | 2.0 | 2.0 | 1327 | $2,000 | $1.51 | 48d | 1 | 1.20mi |
| 466 W 5th St Unit 470 San Jacinto, CA | 3.0 | 2.0 | 915 | $2,050 | $2.24 | 29d | 1 | 1.21mi |
| 429 W 6th St San Jacinto, CA | 2.0 | 1.0 | 864 | $1,600 | $1.85 | 52d | 1 | 1.21mi |
| 601 Corona St Hemet, CA | 2.0 | 2.0 | 882 | $1,760 | $2.00 | 34d | 1 | 1.23mi |
| 2428 El Rancho Cir Hemet, CA | 2.0 | 2.0 | 1294 | $1,995 | $1.54 | 18d | 1 | 1.25mi |
| 1106 Don Carlos Ct San Jacinto, CA | 3.0 | 2.0 | 1389 | $2,999 | $2.16 | 93d | 1 | 1.26mi |
| 1862 Pueblo Dr Hemet, CA | 2.0 | 2.0 | 977 | $1,900 | $1.94 | 93d | 1 | 1.27mi |
| 1862 Pueblo Dr Unit 1862 Hemet, CA | 2.0 | 2.0 | 977 | $1,750 | $1.79 | 73d | 1 | 1.27mi |
| 1964 W Oakland Ave Hemet, CA | 2.0 | 2.0 | 977 | $1,695 | $1.73 | 23d | 1 | 1.27mi |
| 250 N Elk St Hemet, CA | 2.0 | 1.0 | 900 | $1,625 | $1.81 | 63d | 1 | 1.28mi |
| 897 Digby Dr Hemet, CA | 3.0 | 2.0 | 1449 | $2,225 | $1.54 | 7d | 1 | 1.29mi |
| 897 Digby Dr Unit 1 Hemet, CA | 3.0 | 2.0 | 1449 | $2,527 | $1.74 | 7d | 1 | 1.29mi |
| 682 San Marino St Hemet, CA | 2.0 | 1.0 | 827 | $1,600 | $1.93 | 93d | 1 | 1.30mi |
| 1887 Calle Amargosa Hemet, CA | 2.0 | 1.0 | 827 | $1,545 | $1.87 | 73d | 1 | 1.30mi |
| 384 Calle Cazadero Hemet, CA | 2.0 | 1.0 | 827 | $1,600 | $1.93 | 7d | 1 | 1.32mi |
| 529 E Latham Ave Hemet, CA | 3.0 | 1.0 | 1226 | $1,950 | $1.59 | 69d | 1 | 1.32mi |
| 740 S Jordan Ave Unit 742 San Jacinto, CA | 2.0 | 1.0 | 800 | $1,650 | $2.06 | 93d | 1 | 1.33mi |
Property features AI
Finance
- Other
- Property listed with Farnam & Associates Real EstateProperty condition: cosmetics/repairs
- HOA & community
- Land lease of $755 per monthPark name: Desert PalmsManager approval requiredPets allowed with breed restrictionsDog park in community
Exterior
- Parking
- Attached carport for 2 vehiclesHas parking
- Utilities
- Public sewerDistrict/public waterNatural gas connectedElectricity connected
- Home design
- Single-story mobile homeEntry on first level with stepsMobile home remains on site
- Construction
- Pier/pillar/post foundationAluminum skirting (see remarks)Built (year per assessor)
- Exterior features
- Front porchCommunity poolYardClose to clubhouseChain-link fencing (see remarks)
Interior
- Kitchen
- Gas ovenGas water heater
- Bedrooms
- Primary bedroom with walk-in closet
- Bathrooms
- Two full bathrooms with shower and shower-in-tub
- Heating & cooling
- Central furnace heatingWall/window cooling
- Interior features
- Laminate countersSmoke and carbon monoxide detectorsCommunity spa
- Laundry & utility
- Inside laundryWasher includedDryer includedWasher hookupGas dryer hookup
Listing history 50 events
-
2026-08-08days on market $80,000 Active 90 DOM
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2026-08-06days on market $80,000 Active 88 DOM
-
2026-08-05days on market $80,000 Active 87 DOM
-
2026-08-04days on market $80,000 Active 86 DOM
-
2026-08-03days on market $80,000 Active 85 DOM
-
2026-07-31days on market $80,000 Active 82 DOM
-
2026-07-30days on market $80,000 Active 81 DOM
-
2026-07-30days on market $80,000 Active 80 DOM
-
2026-07-28days on market $80,000 Active 79 DOM
-
2026-07-26days on market $80,000 Active 77 DOM
-
2026-07-24days on market $80,000 Active 75 DOM
-
2026-07-23days on market $80,000 Active 74 DOM
-
2026-07-22days on market $80,000 Active 73 DOM
-
2026-07-21days on market $80,000 Active 72 DOM
-
2026-07-20days on market $80,000 Active 71 DOM
-
2026-07-18days on market $80,000 Active 69 DOM
-
2026-07-18days on market $80,000 Active 68 DOM
-
2026-07-16days on market $80,000 Active 67 DOM
-
2026-07-15days on market $80,000 Active 66 DOM
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2026-07-14days on market $80,000 Active 65 DOM
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2026-07-13days on market $80,000 Active 64 DOM
-
2026-07-13days on market $80,000 Active 63 DOM
-
2026-07-11days on market $80,000 Active 62 DOM
-
2026-07-10days on market $80,000 Active 61 DOM
-
2026-07-09days on market $80,000 Active 60 DOM
-
2026-07-07days on market $80,000 Active 58 DOM
-
2026-07-06days on market $80,000 Active 57 DOM
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2026-07-06days on market $80,000 Active 56 DOM
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2026-07-05days on market $80,000 Active 55 DOM
-
2026-07-03days on market $80,000 Active 54 DOM
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2026-07-02days on market $80,000 Active 53 DOM
-
2026-07-01days on market $80,000 Active 52 DOM
-
2026-06-30days on market $80,000 Active 51 DOM
-
2026-06-29days on market $80,000 Active 50 DOM
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2026-06-28days on market $80,000 Active 49 DOM
-
2026-06-27days on market $80,000 Active 48 DOM
-
2026-06-26days on market $80,000 Active 47 DOM
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2026-06-24days on market $80,000 Active 45 DOM
-
2026-06-22days on market $80,000 Active 43 DOM
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2026-06-21days on market $80,000 Active 42 DOM
-
2026-06-18days on market $80,000 Active 39 DOM
-
2026-06-17days on market $80,000 Active 38 DOM
-
2026-06-16days on market $80,000 Active 37 DOM
-
2026-06-15days on market $80,000 Active 36 DOM
-
2026-06-13days on market $80,000 Active 34 DOM
-
2026-06-13days on market $80,000 Active 33 DOM
-
2026-06-09days on market $80,000 Active 30 DOM
-
2026-06-08days on market $80,000 Active 29 DOM
-
2026-06-07days on market $80,000 Active 28 DOM
-
2026-06-04pricedays on market $80,000 Active 25 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 CA · Resets to sale price
- Current annual tax
- $198 · $16/mo
- Projected year-2 tax
- $608 · $51/mo
- Expected delta
- +$410/yr (+$34/mo · 207.7%)
ⓘ 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 3/10 Moderate
- Heat 7/10 Severe 6 d/yr ≥104°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 6/10 Major 12 unhealthy d/yr today · 14 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,968
- − Mortgage interest
- −$4,481
- − Property taxes
- −$198
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,437
- − Management
- −$1,437
- − Depreciation
- −$2,327
- Taxable income
- $7,687
- Est. tax owed @ 24.0%
- −$1,845
- After-tax cash flow
- $6,718/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 · 2 photos
This manufactured home has fair exterior and roof conditions, with minor repairs needed. Painting the exterior and maintaining HVAC units would significantly enhance its curb appeal and value.
Deferred maintenance Est. $50,000–$150,000 screening
- Major Roof (roof) — The roof appears to be a metal panel, which is not visible in the image, and metal roofs can be costly to replace.
- Major Windows (windows) — The windows appear to be old and may need replacement.
- Major Electrical (electrical) — The electrical panel is not visible, and older homes may have outdated electrical systems.
- Major Plumbing (plumbing) — The plumbing system is not visible, and older homes may have issues with leaks or clogs.
- Major Exterior (exterior) — The exterior of the house appears to be in need of repair or replacement, as the siding and other exterior components are not clearly visible.
Repairs flagged
- Minor Exterior siding — Weathered and discolored
- Minor Roof — Aged appearance
Value-add opportunities
- Both Paint exterior siding — Enhances curb appeal and value ↑
- Both Clean and maintain HVAC units — Improves comfort and energy efficiency ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- San Jacinto Unified
- NCES district ID
- 0634440
- Math proficiency
- 13% ▼ -9.00%
- Reading proficiency
- 36% ▬ 0.00%
- Median HH income
- $43,560
- Composite
- 20.94/100
- National rank
- #8478
- State rank
- #421 of 517 in CA
Livability — Hemet
- Score
- 51/100
- State rank
- #1056
- US rank
- #25208
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hemet, CA
- County
- Riverside County · 2,664,475 people
- City population
- 137,670
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 39,937
- Household income
- $49,396
- Rent vs Own
- Severe rent burden
- 19% of renters
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
- Diverse neighborhood (Simpson 0.61)
- Race & ethnicity
- Hispanic / Latino 54% White 30% Two or more races 18% Black 10% Native American 2% Asian 2%
- Hispanic origin (detail)
- Mexican 48% Puerto Rican 1%
- Common ancestry
- Slovak 1% Romanian 1% Portuguese 1%
- Foreign-born
- 21% · Canada
- Languages at home
- 59% English-only · Spanish 38% Arabic 1% Tagalog/Filipino 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
- ▼ -147.46%
- Current HPI
- 405.1277
- Rent YoY
- ▲ 1.76%
- 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
-9.1% since first listed3 events — show timeline
- 2026-06-03 Price Changed $80,000 CRMLS
- 2026-05-10 Listed $88,000 CRMLS
- 2026-04-22 Coming Soon $88,000 CRMLS
Property tax history
-1.3%/yrLatest (2025): $198 · +6.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…