2115 6th Ave #51 · Clarkston Heights-Vineland, WA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $604 – $1,122
Heat risk 4/10 · Minor
- Hot days now (above 100°F)
- 6 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 8/10 · Major
- Unhealthy air days now
- 12 days/yr
- Unhealthy air days in 30 yrs
- 17 days/yr
Risk factors via First Street. Map © Google.
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 +22.3/30.0
- DSCR +7.1/10.0
- ARV discount +5.0/15.0
- 1% rule +4.9/10.0
- Schools +4.2/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$134,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this beautifully maintained, move-in-ready manufactured home nestled in one of the area’s most desirable 55+ communities. Every detail of this home has been thoughtfully updated, offering modern comfort and effortless living. Step inside to find a bright, spacious open floor plan with tasteful finishes and abundant natural light. The kitchen features updated cabinetry, sleek countertops, and modern appliances—perfect for everyday cooking or entertaining. The inviting living area flows seamlessly into the dining space, creating a warm and social atmosphere. The bedrooms are generously sized with ample closet storage, and the bathrooms have been tastefully refreshed wit
Key facts
- Open floor plan
- Newer flooring
- Fresh paint
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $134k.
Deal economics
- At list price, monthly cash flow is $220 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $132k (1.4% below list).
- Recommended offer: $132k (1.5% below list) — sets the bar for market timing.
- Cap rate 8.3% vs local median 1.4% in Clarkston Heights-Vineland — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
- Clarkston School District (suburban): math 38% / reading 57% proficiency, ranked #172 of 291 in WA (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Heights Elementary (361 students, 45% FRL).
- Market conditions: 249 active listings in the ZIP; 101 units permitted in Asotin County in 2024 (72 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $926 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Asotin County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
Negotiation context
- It's been on market 30 days — a 2% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 0.99% ✗
- Cap rate
- 8.27%
- Cash-on-cash
- 7.05%
- DSCR
- 1.31
- GRM
- 8.5
CMA / ARV
- ARV (on-the-fly)
- $126,984
- Comps found
- 11
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2115 6th Ave #51 | 0.00mi | 3/2.0 | 1,144 (0%) | 0mo | $134,000 | $117 | 100 |
| 2015 6th Ave Unit 131A | 0.11mi | 3/2.0 | 1,150 (+0%) | 1mo | $75,000 | $65 | 93 |
| 2115 6th Ave #14 | 0.00mi | 3/2.0 | 1,152 (+1%) | 16mo | $89,900 | $78 | 86 |
| 2015 6th Ave #141 | 0.11mi | 3/1.5 | 1,094 (-4%) | 5mo | $49,900 | $46 | 82 |
| 2015 6th Ave Unit 142 A | 0.11mi | 3/2.0 | 1,179 (+3%) | 11mo | $145,000 | $123 | 80 |
| 2015 6th Ave Unit 306C | 0.11mi | 3/2.0 | 1,144 (0%) | 22mo | $175,000 | $153 | 76 |
| 2015 6th Ave Unit 141A | 0.11mi | 3/2.0 | 1,094 (-4%) | 22mo | $47,900 | $44 | 69 |
| 2015 6th Ave #319 | 0.11mi | 3/2.0 | 980 (-14%) | 4mo | $69,500 | $71 | 68 |
| 2115 6th Avenue #97 Ave | 0.00mi | 3/2.0 | 1,248 (+9%) | 21mo | $149,900 | $120 | 68 |
| 2515 Appleside Blvd #12 | 0.35mi | 2/2.0 (-1) | 1,248 (+9%) | 22mo | $139,000 | $111 | 46 |
| 2127 Westwind Ct | 0.71mi | 3/2.0 | 1,248 (+9%) | 20mo | $304,900 | $244 | 35 |
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
- IRR
- -5.5%
- Equity multiple
- 0.79×
- Total profit
- $-7,715
- Equity at exit
- $19,980
- IRR
- 4.1%
- Equity multiple
- 1.30×
- Total profit
- $11,188
- Equity at exit
- $11,586
Cash invested: $37,520 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 28 Tenant-Leaning
- State Washington
- 28 Tenant-Leaning · D+8
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 99403
- Active inventory
- 249
- Price-to-rent
- 8.5×
Monthly cashflow live
- Estimated rent
- $1,321 medium interval (Pro) →
- Mortgage (P&I)
- −$703
- Tax from tax record
- −$65 /mo · $779/yr
- Insurance
- −$56
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$278
- Net cashflow
- $220
Break-even live
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
- $33,500
- Closing costs
- $4,020
- 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 31 events
-
2026-06-04price $134,000
-
2026-05-19status Pending
-
2026-04-22historical
-
2026-04-02price $129,947
-
2026-03-23$134,975 Active
-
2026-02-05historical
-
2025-11-12price $132,500
-
2025-10-28price $135,000
-
2025-10-13price $144,900
-
2025-10-01price $148,000
-
2025-09-15historical
-
2025-09-02price $137,000
-
2025-08-06$128,000 Active
-
2025-08-06$139,900 Active
-
2025-07-25historical
-
2025-06-06price $139,900
-
2025-05-08price $134,900
-
2025-04-16$144,900 Active
-
2025-03-19historical
-
2025-03-17price $145,000
-
2025-03-14status Active
-
2025-03-14historical
-
2025-01-17price $147,500
-
2025-01-14$149,900 Active
-
2024-05-16soldstatus Sold
-
2024-04-06status Pending
-
2024-02-22$125,000 Active
-
2016-10-24soldstatus
-
2016-09-06$47,500
-
2014-07-31soldstatus
-
2014-06-03$39,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast WA · Resets to sale price
- Current annual tax
- $779 · $65/mo
- Projected year-2 tax
- $1,313 · $109/mo
- Expected delta
- +$534/yr (+$44/mo · 68.5%)
ⓘ 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 · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 4/10 Moderate 6 d/yr ≥100°F today · 13 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 8/10 Severe 12 unhealthy d/yr today · 17 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
- $15,858
- − Mortgage interest
- −$7,506
- − Property taxes
- −$779
- − Insurance
- −$670
- − Repairs & maintenance
- −$1,269
- − Management
- −$1,269
- − Depreciation
- −$3,898
- Taxable income
- $467
- Est. tax owed @ 24.0%
- −$112
- After-tax cash flow
- $2,534/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
- Clarkston School District
- NCES district ID
- 5301320
- Math proficiency
- 38% ▼ -4.00%
- Reading proficiency
- 57% ▲ 1.00%
- Median HH income
- $42,030
- Composite
- 42.03/100
- National rank
- #7065
- State rank
- #172 of 291 in WA
Livability — Clarkston Heights-Vineland
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Census place
- Clarkston Heights-Vineland, WA
- Population (ZIP)
- 20,483
Population outlook (Asotin County) Hauer SSP2
- Today (2025)
- 22,623 people
- By 2030
- 22,746 · +0.5%
- By 2040
- 22,597 · -0.1%
- By 2050
- 21,947 · -3.0%
- By 2075
- 19,478 · -13.9%
- By 2100
- 16,206 · -28.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (87%)
- Race & ethnicity
- White 87% Two or more races 6% Hispanic / Latino 5% Native American 1% Asian 1%
- Common ancestry
- Portuguese 3% Lithuanian 2% Slovak 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Spanish 2% Tagalog/Filipino 1%
Political lean MEDSL · Asotin
- 2024 margin
- Strong R (+25.6) · D 35.8% · R 61.5% · Other 2.7%
- 2008→2024 swing
- -12.2pp toward R · 2008: -13.4pp · 2024: -25.6pp
- All cycles
- 2024: R+25.6 2020: R+25.7 2016: R+26.8 2012: R+16.7 2008: R+13.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -346.91%
- Current HPI
- 173.3027
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 4.65%
- F500 in state
- 22
Industry mix (Fortune 500 HQ in WA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Retail | 2 | $269B |
|
||
| Technology / Retail | 1 | $638B |
|
||
| Technology | 1 | $245B |
|
||
| Telecommunications | 1 | $38B |
|
||
| Food / Beverage | 1 | $36B |
|
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| Automotive / Trucks | 1 | $34B |
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Price history
+235.8% since first listed31 events — show timeline
- 2026-06-04 Price Changed $134,000 IMLS
- 2026-05-19 Pending — IMLS
- 2026-04-22 Listing Removed — IMLS
- 2026-04-02 Price Changed $129,947 IMLS
- 2026-03-23 Listed $134,975 IMLS
- 2026-02-05 Listing Removed — IMLS
- 2025-11-12 Price Changed $132,500 IMLS
- 2025-10-28 Price Changed $135,000 IMLS
- 2025-10-13 Price Changed $144,900 IMLS
- 2025-10-01 Price Changed $148,000 IMLS
- 2025-09-15 Listing Removed — IMLS
- 2025-09-02 Price Changed $137,000 IMLS
- 2025-08-06 Listed $139,900 IMLS
- 2025-08-06 Listed $128,000 IMLS
- 2025-07-25 Listing Removed — IMLS
- 2025-06-06 Price Changed $139,900 IMLS
- 2025-05-08 Price Changed $134,900 IMLS
- 2025-04-16 Listed $144,900 IMLS
- 2025-03-19 Listing Removed — IMLS
- 2025-03-17 Price Changed $145,000 IMLS
- 2025-03-14 Relisted — IMLS
- 2025-03-14 Listing Removed — IMLS
- 2025-01-17 Price Changed $147,500 IMLS
- 2025-01-14 Listed $149,900 IMLS
- 2024-05-16 Sold (MLS) — IMLS
- 2024-04-06 Pending — IMLS
- 2024-02-22 Listed $125,000 IMLS
- 2016-10-24 Sold (MLS) — IMLS
- 2016-09-06 Listed $47,500 IMLS
- 2014-07-31 Sold (MLS) — IMLS
- 2014-06-03 Listed $39,900 IMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…