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205 E Driffill Blvd #137
D+ Composite 49.8
Why this score? — see what drove the D+ 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 +19.4/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.1/10.0
  • 1% rule +5.2/10.0
  • Schools +3.6/10.0
  • Rent growth +2.8/5.0
  • Livability +2.7/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$310,000

205 E Driffill Blvd #137 · Oxnard, CA 93030
3 bd · 2.0 ba · 1,200 sqft · Manufactured public records · 1 Days on market
Built 2006

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome home to The Daffodil on Driffill! This lovely 3 bedroom & 2 bathroom home has been well taken care of and resides in one of the lowest cost mobile parks in Ventura County. With some utilities included in the space rent, community amenities, and a central location near downtown Oxnard - you'd be hard pressed to find a better value. Moving into the home, you're greeted by an open living room with a vaulted ceilings and a unique clerestory window that creates an airy feeling while drawing in natural light to showcase its beautiful wood laminate flooring. Across the room is the dining room which leads you directly into a galley kitchen where there is a wealth of cabinet and counte

Key facts

  • Side entrance
  • Open living room
  • Galley kitchen

Tags

OPEN LIVING ROOMVAULTED CEILINGSUNIQUE CLERESTORY WINDOWWOOD LAMINATE FLOORINGGALLEY KITCHENSIDE ENTRANCE

Property features AI

Finance

  • Other: Body type: double; Number of pads: 1; Pets: call
  • Financial info: Land lease (park) $1,200 monthly; Rent includes trash, water, sewer (see remarks)
  • HOA & community: Community features: curbs, street lighting, suburban; Park name: Royal Palms Mobile Home Park; Manager approval required

Exterior

  • Parking: Two parking spaces; Carport (attached); Tandem covered parking; Driveway (concrete); Gated entry; Guest parking; Built-in storage
  • Security: Gated community; Smoke detector; Carbon monoxide detector; Resident manager
  • Utilities: District/public water; Public sewer; Standard electric; Natural gas connected; Sewer connected; Electricity connected; Water connected; Cable connected
  • Home design: Mobile home (model: Charleston IV); Mobile home remains on site; One level; Access via city streets and private road; Subdivision: Royal Palm MHP
  • Construction: Wood construction with vertical siding; Drywall interior walls; Composition/shingle roof; Pier jacks foundation; Skirt: wood, brick, concrete, siding
  • Exterior features: Concrete open patio/slab; Patio; Rain gutters; Shed (1); Garden and backyard; Greenbelt; Sprinklers in rear; Community in-ground pool

Interior

  • Kitchen: Gas range and gas oven; Range/stove hood; Microwave; Refrigerator; Dishwasher; Water heater unit; Formica and laminate counters; Galley kitchen
  • Bedrooms: Primary bedroom; All bedrooms on main floor; Main floor bedroom
  • Flooring: Laminate flooring
  • Bathrooms: Two full bathrooms; Shower in tub; Walk-in shower; Bathtub
  • Heating & cooling: Central cooling; Forced air heating; Central furnace
  • Interior features: High ceilings (9 feet+); Ceiling fan; Panel doors; Double pane windows; Skylights; Blinds; Laminate counters; Formica counters
  • Laundry & utility: Washer hookup; Gas dryer hookup; Laundry located in closet; Washer/dryer units excluded (seller may remove); Washer/dryer location: see remarks

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 manufactured listed at $310k.

Deal economics

  • At list price, monthly cash flow is $347 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $310k).
  • Cap rate 7.6% vs local median 2.5% in Oxnard — 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 54/100 on livability (#905 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A-, health & safety A-, housing B; Watch: schools F, crime F, amenities D-.
  • Oxnard Union High (urban): math 28% / reading 51% proficiency, ranked #220 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+1.2%/yr); 29 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,759 units permitted in Ventura County in 2024 (1,196 in 5+ unit buildings).
  • This rent runs 41% of the median local income ($93k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Ventura County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
Recommended offer $310,000

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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  5. 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.
  6. 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.
  7. 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
1.02%
Cap rate
7.64%
Cash-on-cash
4.80%
DSCR
1.21
GRM
8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.23% rent growth · sell at horizon

5-year hold
IRR
-10.8%
Equity multiple
0.61×
Total profit
$-33,605
Equity at exit
$46,222
10-year hold
IRR
-4.3%
Equity multiple
0.74×
Total profit
$-22,456
Equity at exit
$26,803

Cash invested: $86,800 (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 93030

Rents YoY
1.2%
Active inventory
29
Price-to-rent
8.2×

Monthly cashflow live

Estimated rent
$3,151 high interval (Pro) →
Mortgage (P&I)
$1,626
Tax est. 1.5%
$388 /mo · $4,650/yr
Insurance
$129
HOA
$0
Vacancy / Maint / Mgmt
$662
Net cashflow
$347

Break-even live

Break-even rent $2,712
Max offer price $310,000
Occupancy floor 84%

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
$77,500
Closing costs
$9,300
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 15 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
875 S B St Oxnard, CA 2.0 2.5 1077 $2,875 $2.67 2d 1 0.33mi
235 Wolff St Unit B Oxnard, CA 2.0 1.0 1000 $2,595 $2.60 2d 1 0.44mi
227 Wolff St Unit 229 Oxnard, CA 2.0 1.0 1000 $2,645 $2.65 2d 1 0.45mi
505 Wolff St Oxnard, CA 4.0 2.0 1200 $3,800 $3.17 19d 1 0.57mi
105 S Roosevelt Ave Oxnard, CA 3.0 2.0 1370 $4,500 $3.28 14d 1 0.61mi
712 S G St Unit E Oxnard, CA 2.0 1.0 856 $2,149 $2.51 2d 1 0.62mi
530 S I St Apt 2 Oxnard, CA 2.0 1.5 800 $2,400 $3.00 2d 1 0.87mi
1212 Jamaica Ln Oxnard, CA 2.0 2.5 1360 $3,000 $2.21 10d 1 0.99mi
549 Carty Dr Oxnard, CA 2.0 1.0 750 $2,895 $3.86 2d 1 1.05mi
1311 Oyster Pl Oxnard, CA 2.0 2.5 1222 $3,295 $2.70 14d 1 1.08mi
1150 W 1st St Oxnard, CA 3.0 2.0 1201 $4,100 $3.41 10d 1 1.09mi
751 W Channel Islands Blvd Unit 6 Oxnard, CA 2.0 2.0 750 $2,495 $3.33 16d 1 1.40mi
751 W Channel Islands Blvd Unit 1 Oxnard, CA 2.0 2.0 750 $2,395 $3.19 2d 1 1.40mi
801 N M St Unit 801 Oxnard, CA 2.0 1.5 1223 $2,900 $2.37 16d 1 1.48mi
801 N M St Oxnard, CA 2.0 1.5 1223 $2,850 $2.33 2d 1 1.48mi

Listing history 2 events

  1. 2026-06-19
    remarks 695-char remark
  2. 2026-06-19
    listed $310,000 Active 1 DOM

ⓘ 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 X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥86°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 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
$37,812
− Mortgage interest
−$17,365
− Property taxes
−$4,650
− Insurance
−$1,550
− Repairs & maintenance
−$3,025
− Management
−$3,025
− Depreciation
−$9,018
Taxable loss
−$821
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$197
After-tax cash flow
$4,360/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
Oxnard Union High
NCES district ID
0629270
Math proficiency
28% ▲ 7.00%
Reading proficiency
51% ▲ 11.00%
Median HH income
$68,770
Composite
35.79/100
National rank
#4835
State rank
#220 of 517 in CA

Livability — Oxnard

Score
54/100
State rank
#905
US rank
#24028

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Oxnard, CA
County
Ventura County · 829,955 people
City population
213,176
Metro
Oxnard-Thousand Oaks-Ventura, CA
Population (ZIP)
58,192
Household income
$92,958
Rent vs Own
53.8% rent · 46.2% own
Severe rent burden
2012.0

Population outlook (Ventura County) Hauer SSP2

Today (2025)
895,754 people
By 2030
912,134 · +1.8%
By 2040
931,454 · +4.0%
By 2050
934,609 · +4.3%
By 2075
924,899 · +3.3%
By 2100
864,712 · -3.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (79%)
Race & ethnicity
Hispanic / Latino 79% Two or more races 42% White 10% Asian 6% Native American 3% Black 2%
Hispanic origin (detail)
Mexican 74%
Foreign-born
34% · Canada, Vietnam
Languages at home
30% English-only · Spanish 63% Tagalog/Filipino 2% Vietnamese 1%

Political lean MEDSL · Ventura

2024 margin
D (+15.1) · D 56.1% · R 41.0% · Other 2.9%
2008→2024 swing
+2.8pp toward D · 2008: 12.3pp · 2024: 15.1pp
All cycles
2024: D+15.1 2020: D+21.1 2016: D+16.8 2012: D+5.3 2008: D+12.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -694.57%
Current HPI
324.8799
Rent YoY
▲ 1.23%
Metro
Oxnard-Thousand Oaks-Ventura, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-06-18 Listed $310,000 CRMLS

Property tax history

-10.7%/yr

Latest (2025): $237 · +3.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…