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2115 6th Ave #51
C- Composite 51.01
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

2115 6th Ave #51 · Clarkston Heights-Vineland, WA 99403
3 bd · 2.0 ba · 1,144 sqft · Manufactured · 30 Days on market
Built 2000 Est $127k · 6% over

🖨 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

OPEN FLOOR PLANUPDATED CABINETRYMODERN APPLIANCESPRIVATE PATIONEWER FLOORINGFRESH PAINT

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 $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.
Recommended offer $131,990 (1.5% below list)

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. 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.
  3. 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.
  4. 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

5-year hold
IRR
-5.5%
Equity multiple
0.79×
Total profit
$-7,715
Equity at exit
$19,980
10-year hold
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
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

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

Break-even rent $1,042
Max offer price $134,000
Occupancy floor 78%

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

  1. 2026-06-04
    price $134,000
  2. 2026-05-19
    status Pending
  3. 2026-04-22
    historical
  4. 2026-04-02
    price $129,947
  5. 2026-03-23
    listed $134,975 Active
  6. 2026-02-05
    historical
  7. 2025-11-12
    price $132,500
  8. 2025-10-28
    price $135,000
  9. 2025-10-13
    price $144,900
  10. 2025-10-01
    price $148,000
  11. 2025-09-15
    historical
  12. 2025-09-02
    price $137,000
  13. 2025-08-06
    listed $128,000 Active
  14. 2025-08-06
    listed $139,900 Active
  15. 2025-07-25
    historical
  16. 2025-06-06
    price $139,900
  17. 2025-05-08
    price $134,900
  18. 2025-04-16
    listed $144,900 Active
  19. 2025-03-19
    historical
  20. 2025-03-17
    price $145,000
  21. 2025-03-14
    status Active
  22. 2025-03-14
    historical
  23. 2025-01-17
    price $147,500
  24. 2025-01-14
    listed $149,900 Active
  25. 2024-05-16
    soldstatus Sold
  26. 2024-04-06
    status Pending
  27. 2024-02-22
    listed $125,000 Active
  28. 2016-10-24
    soldstatus
  29. 2016-09-06
    listed $47,500
  30. 2014-07-31
    soldstatus
  31. 2014-06-03
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

Price history

+235.8% since first listed
31 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

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…