2751 Reche Cyn #42 · Colton, CA 92324

$89,900

2 bd · 1.0 ba · 672 sqft · Manufactured public records · 128 Days on market

Built 1992 $134/sqft · 12% above area Est $80k · 12% over ↓ 18% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.1/5.0
• Livability +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• ARV discount +1.9/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully refreshed 2-bedroom, 1-bath mobilehome that makes the most of every square foot. Enjoy brand-new windows throughout, fresh paint, and new flooring that give the home a clean, upgraded feel. The kitchen shines with a brand-new stove and dishwasher, plus a stainless steel refrigerator included. Convenient 1-car carport and thoughtful updates make this home move-in ready. A fantastic opportunity for comfortable, low-maintenance living with all the right upgrades already done. Community Amenities Include: Convenience store on site, laundry facility, restrooms, recreation room, upgraded swimming pool and spa, showers, billiards, BBQ area, clubhouse WiFi, and picnic area.

Key facts

• Parking
• Community pool
• Built 1992

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $90k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.5% vs local median 3.5% in Colton — 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 56/100 on livability (#817 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: employment C-, crime D, schools F.
• Colton Joint Unified (suburban): math 16% / reading 38% proficiency, ranked #373 of 517 in CA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.5%/yr); 101 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• This rent runs 34% of the median local income ($71k/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 $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 2.5% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 128 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 2.24% ✓
• Cap rate: 20.53%
• Cash-on-cash: 50.85%
• DSCR: 3.26
• GRM: 3.7

CMA / ARV

• ARV (median comp): $80,000
• List price: $89,900
• Delta: 12.38%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2751 Reche Canyon Rd #85	0.00mi	2/1.0	672 (0%)	21mo	$79,000	$118	82
2751 Reche Cyn #36	0.00mi	2/1.0	720 (+7%)	18mo	$79,000	$110	73

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 · 2.5% rent growth · sell at horizon

5-year hold

• IRR: 48.1%
• Equity multiple: 3.08×
• Total profit: $52,334
• Equity at exit: $13,404

10-year hold

• IRR: 53.5%
• Equity multiple: 6.12×
• Total profit: $128,840
• Equity at exit: $7,773

Cash invested: $25,172 (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.

Methodology + full state rankings →

ZIP-level market 92324

• Rents YoY: 2.5%
• Active inventory: 101
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $2,015 medium
• Mortgage (P&I): −$471
• Tax from tax record: −$16 /mo · $193/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$423
• Net cashflow: $1,067

Break-even live

Break-even rent $665

Max offer price $89,900

Occupancy floor 42%

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7369 Grazing Ln Unit 1 Riverside, CA	1.0	1.0	420	$2,200	$5.24	43d	1	1.25mi

Listing history 16 events

1. 2026-06-18
   days on market $89,900 Active 128 DOM
2. 2026-06-17
   days on market $89,900 Active 127 DOM
3. 2026-06-16
   days on market $89,900 Active 126 DOM
4. 2026-06-15
   days on market $89,900 Active 125 DOM
5. 2026-06-13
   days on market $89,900 Active 123 DOM
6. 2026-06-13
   days on market $89,900 Active 122 DOM
7. 2026-06-09
   days on market $89,900 Active 119 DOM
8. 2026-06-04
   days on market $89,900 Active 118 DOM
9. 2026-06-03
   days on market $89,900 Active 117 DOM
10. 2026-06-02
    days on market $89,900 Active 116 DOM
11. 2026-06-01
    days on market $89,900 Active 115 DOM
12. 2026-05-31
    days on market $89,900 Active 114 DOM
13. 2026-04-30
    price $89,900 702-char remark

    Show marketing remark (702 chars)

    Welcome to this beautifully refreshed 2-bedroom, 1-bath mobilehome that makes the most of every square foot. Enjoy brand-new windows throughout, fresh paint, and new flooring that give the home a clean, upgraded feel. The kitchen shines with a brand-new stove and dishwasher, plus a stainless steel refrigerator included. Convenient 1-car carport and thoughtful updates make this home move-in ready. A fantastic opportunity for comfortable, low-maintenance living with all the right upgrades already done. Community Amenities Include: Convenience store on site, laundry facility, restrooms, recreation room, upgraded swimming pool and spa, showers, billiards, BBQ area, clubhouse WiFi, and picnic area.

14. 2026-03-20
    price $99,999 702-char remark

    Show marketing remark (702 chars)

    Welcome to this beautifully refreshed 2-bedroom, 1-bath mobilehome that makes the most of every square foot. Enjoy brand-new windows throughout, fresh paint, and new flooring that give the home a clean, upgraded feel. The kitchen shines with a brand-new stove and dishwasher, plus a stainless steel refrigerator included. Convenient 1-car carport and thoughtful updates make this home move-in ready. A fantastic opportunity for comfortable, low-maintenance living with all the right upgrades already done. Community Amenities Include: Convenience store on site, laundry facility, restrooms, recreation room, upgraded swimming pool and spa, showers, billiards, BBQ area, clubhouse WiFi, and picnic area.

15. 2026-02-06
    listed $110,000 Active 702-char remark

    Show marketing remark (702 chars)

    Welcome to this beautifully refreshed 2-bedroom, 1-bath mobilehome that makes the most of every square foot. Enjoy brand-new windows throughout, fresh paint, and new flooring that give the home a clean, upgraded feel. The kitchen shines with a brand-new stove and dishwasher, plus a stainless steel refrigerator included. Convenient 1-car carport and thoughtful updates make this home move-in ready. A fantastic opportunity for comfortable, low-maintenance living with all the right upgrades already done. Community Amenities Include: Convenience store on site, laundry facility, restrooms, recreation room, upgraded swimming pool and spa, showers, billiards, BBQ area, clubhouse WiFi, and picnic area.

16. 2026-02-03
    historical $110,000 702-char remark

    Show marketing remark (702 chars)

    Welcome to this beautifully refreshed 2-bedroom, 1-bath mobilehome that makes the most of every square foot. Enjoy brand-new windows throughout, fresh paint, and new flooring that give the home a clean, upgraded feel. The kitchen shines with a brand-new stove and dishwasher, plus a stainless steel refrigerator included. Convenient 1-car carport and thoughtful updates make this home move-in ready. A fantastic opportunity for comfortable, low-maintenance living with all the right upgrades already done. Community Amenities Include: Convenience store on site, laundry facility, restrooms, recreation room, upgraded swimming pool and spa, showers, billiards, BBQ area, clubhouse WiFi, and picnic area.

ⓘ 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: $193 · $16/mo
• Projected year-2 tax: $683 · $57/mo
• Expected delta: +$490/yr (+$41/mo · 253.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 67% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥100°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 22 unhealthy d/yr today · 27 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,178
• − Mortgage interest: −$5,036
• − Property taxes: −$193
• − Insurance: −$450
• − Repairs & maintenance: −$1,934
• − Management: −$1,934
• − Depreciation: −$2,615
• Taxable income: $12,016
• Est. tax owed @ 24.0%: −$2,884
• After-tax cash flow: $9,917/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: Colton Joint Unified
• NCES district ID: 0609390
• Math proficiency: 16% ▼ -9.00%
• Reading proficiency: 38% ▼ -1.00%
• Median HH income: $51,178
• Composite: 23.74/100
• National rank: #7820
• State rank: #373 of 517 in CA

Livability — Colton

• Score: 56/100
• State rank: #817
• US rank: #23005

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Colton, CA
• County: San Bernardino County · 2,030,291 people
• City population: 57,365
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 57,365
• Household income: $71,078
• Rent vs Own: 45.3% rent · 54.7% own
• Severe rent burden: 2195.0

Population outlook (San Bernardino County) Hauer SSP2

• Today (2025): 2,300,329 people
• By 2030: 2,378,907 · +3.4%
• By 2040: 2,523,137 · +9.7%
• By 2050: 2,642,388 · +14.9%
• By 2075: 2,880,769 · +25.2%
• By 2100: 2,909,436 · +26.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (74%)
• Race & ethnicity: Hispanic / Latino 74% Two or more races 24% White 11% Black 8% Asian 4% Native American 1%
• Hispanic origin (detail): Mexican 69%
• Common ancestry: Lithuanian 1%
• Foreign-born: 24% · Canada, Vietnam
• Languages at home: 47% English-only · Spanish 49% Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · San Bernardino

• 2024 margin: Toss-up / Even · D 47.5% · R 49.7% · Other 2.8%
• 2008→2024 swing: -8.5pp toward R · 2008: 6.3pp · 2024: -2.1pp
• All cycles: 2024: R+2.1 2020: D+10.7 2016: D+9.8 2012: D+5.4 2008: D+6.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -270.99%
• Current HPI: 451.2973
• Rent YoY: ▲ 2.50%
• 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
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-18.3% since first listed

4 events — show timeline

• 2026-04-30 Price Changed $89,900 CRMLS
• 2026-03-20 Price Changed $99,999 CRMLS
• 2026-02-06 Listed $110,000 CRMLS
• 2026-02-03 Coming Soon $110,000 CRMLS

Property tax history

+0.1%/yr

Latest (2025): $193 · +3.1% YoY. Source: county tax records.