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1200 Via Seville
C+ Composite 60.69
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
  • DSCR +10.0/10.0
  • 1% rule +8.9/10.0
  • Rent growth +3.3/5.0
  • Livability +3.3/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$155,000

1200 Via Seville · Cathedral City, CA 92234
2 bd · 1.0 ba · 960 sqft · Manufactured public records · 31 Days on market
Built 1988 $161/sqft · 37% above area Est $113k · 37% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Another fantastic opportunity to live in the Exclusive Gated Senior Manufactured Home Park of Desert Sands Mobile. This 2 Bedroom 2 Bath has been meticulously maintained and nicely upgated. The flowing open floorplan allows for easy movement throught the home. This is a gem on a quiet cul de sac with covered patio, inside laundry and a two car garage. Best to check out this beauty before it's gone.

Key facts

  • Newer roof
  • Waterproof flooring
  • New countertops

Tags

NEWER ROOFENERGY EFFICIENT VINYL WINDOWSWATERPROOF FLOORINGON DEMAND WATER HEATERREFRESHED KITCHENNEW COUNTERTOPS

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 2-bed/1.0-bath manufactured listed at $155k.

Deal economics

  • At list price, monthly cash flow is $632 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $155k).
  • Recommended offer: $150k (3.0% below list) — sets the bar for market timing.
  • Cap rate 11.2% vs local median 5.1% in Cathedral City — 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 66/100 on livability (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, amenities D-, cost of living F.
  • Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Sunny Sands Elementary (721 students, 98% FRL); Nellie N. Coffman Middle (953 students, 98% FRL); Cathedral City High (math 25% / reading 61%, grade F, #460 of 1,170 statewide, top 40%, 1,395 students, 98% FRL) — zoned schools average 98% FRL vs 73% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+3.2%/yr); 529 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 35% of the median local income ($74k/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 $1k of loan paydown is wiped out by about $5k 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 + 3.2% rent growth), your $43k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 31 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 10y ago; this cycle's ask is 216% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $40k; list at $155k implies a 292% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,350 (3.0% below list)

Questions for the listing agent

  1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.39%
Cap rate
11.19%
Cash-on-cash
17.47%
DSCR
1.78
GRM
6.0

CMA / ARV

ARV (median comp)
$112,806
List price
$155,000
Delta
37.40%
Verdict
OVERPRICED
Comps
18 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1142 Via Feliz 0.13mi 2/1.0 960 (0%) 4mo $65,000 $68 91
1139 Via Feliz 0.13mi 2/2.0 960 (0%) 4mo $75,000 $78 87
1223 Via Yolo 0.07mi 2/2.0 960 (0%) 11mo $175,000 $182 84
1215 Via Yolo 0.04mi 2/2.0 1,056 (+10%) 11mo $172,000 $163 68
1128 Via Grande 0.14mi 2/2.0 1,056 (+10%) 10mo $145,000 $137 65
1035 Via Grande 0.09mi 2/2.0 1,056 (+10%) 16mo $128,200 $121 62
1226 Via Grande #147 0.07mi 2/2.0 1,056 (+10%) 17mo $135,000 $128 62
1077 Via Grande 0.16mi 2/2.0 860 (-10%) 12mo $119,000 $138 61
1024 VíA Grande 0.07mi 2/2.0 1,056 (+10%) 22mo $150,000 $142 58
1228 Via Grande 0.06mi 2/1.5 1,100 (+15%) 22mo $105,000 $95 52
245 Settles Dr 0.74mi 2/2.0 840 (-12%) 11mo $68,500 $82 32

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 · 3.22% rent growth · sell at horizon

5-year hold
IRR
9.1%
Equity multiple
1.36×
Total profit
$15,642
Equity at exit
$23,111
10-year hold
IRR
18.5%
Equity multiple
2.56×
Total profit
$67,550
Equity at exit
$13,402

Cash invested: $43,400 (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
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 92234

Home prices YoY
-27.7%
Rents YoY
3.2%
Active inventory
529
Price-to-rent
6.0×

Monthly cashflow live

Estimated rent
$2,156 high interval (Pro) →
Mortgage (P&I)
$813
Tax est. 1.5%
$194 /mo · $2,325/yr
Insurance
$65
HOA
$0
Vacancy / Maint / Mgmt
$453
Net cashflow
$632

Break-even live

Break-even rent $1,356
Max offer price $155,000
Occupancy floor 66%

Sensitivity live

Price -10% $739 -5% $685 +0% $632 +5% $578 +10% $525
Rent -10% $462 -5% $547 +0% $632 +5% $717 +10% $802
Rate -1.0pp $710 -0.5pp $671 base $632 +0.5pp $592 +1.0pp $551

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
$38,750
Closing costs
$4,650
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
33255 Date Palm Dr Cathedral City, CA 2.0 2.0 1050 $1,795 $1.71 45d 1 0.34mi
32425 Rancho Vista Dr Unit A Cathedral City, CA 2.0 1.0 754 $1,950 $2.59 9d 1 0.34mi
32585 Cielo Vista Rd Cathedral City, CA 2.0 2.0 840 $2,000 $2.38 26d 1 0.36mi
32150 Aurora Vista Rd Cathedral City, CA 2.0 1.0 1100 $2,195 $2.00 45d 1 0.54mi
32150 Aurora Vista Rd Unit C Cathedral City, CA 2.0 1.0 1100 $2,395 $2.18 45d 1 0.54mi
69801 Ramon Rd #115 Cathedral City, CA 1.0 1.0 600 $1,600 $2.67 16d 1 0.64mi
69155 Dinah Shore Dr Cathedral City, CA 2.0 2.0 1100 $1,795 $1.63 45d 1 0.66mi
32200 Cathedral Canyon Dr #31 Cathedral City, CA 1.0 1.0 740 $1,550 $2.09 26d 1 0.69mi
34073 Emily Way Rancho Mirage, CA 2.0 2.0 966 $2,100 $2.17 19d 1 0.77mi
34073 Emily Way Rancho Mirage, CA 2.0 2.0 966 $2,100 $2.17 23d 1 0.77mi
33495 Cathedral Canyon Dr Unit B Cathedral City, CA 2.0 1.0 1100 $2,100 $1.91 45d 1 0.77mi
33495 Cathedral Canyon Dr Cathedral City, CA 2.0 1.0 1100 $2,200 $2.00 45d 1 0.77mi
69646 Antonia Way Rancho Mirage, CA 2.0 2.0 966 $2,450 $2.54 20d 1 0.93mi
33030 Shifting Sands Trl Apt 4 Cathedral City, CA 2.0 1.0 821 $1,599 $1.95 26d 1 0.99mi
31520 Landau Blvd Unit 3 Cathedral City, CA 1.0 1.0 950 $1,650 $1.74 0d 1 1.33mi
31200 Landau Blvd Cathedral City, CA 2.0–3.0 2.0 1016 $2,300 $2.26 45d 3 1.35mi
31200 Landau Blvd Cathedral City, CA 2.0–3.0 2.0 1016 $2,195 $2.16 14d 4 1.35mi
68185 Alcita Rd Cathedral City, CA 2.0 2.0 975 $1,895 $1.94 3d 1 1.37mi
30125 Avenida Juarez Unit 30127 Cathedral City, CA 3.0 2.0 1000 $2,499 $2.50 16d 1 1.43mi
35615 Paseo Circulo E Cathedral City, CA 1.0 2.0 1029 $2,250 $2.19 45d 1 1.45mi

Listing history 24 events

  1. 2026-06-15
    days on market $155,000 Active 31 DOM
  2. 2026-06-13
    days on market $155,000 Active 29 DOM
  3. 2026-06-13
    days on market $155,000 Active 28 DOM
  4. 2026-06-09
    days on market $155,000 Active 25 DOM
  5. 2026-06-08
    days on market $155,000 Active 24 DOM
  6. 2026-06-07
    days on market $155,000 Active 23 DOM
  7. 2026-06-04
    days on market $155,000 Active 20 DOM
  8. 2026-06-03
    days on market $155,000 Active 19 DOM
  9. 2026-06-02
    days on market $155,000 Active 18 DOM
  10. 2026-06-01
    days on market $155,000 Active 17 DOM
  11. 2026-05-31
    days on market $155,000 Active 16 DOM
  12. 2026-05-16
    listed $155,000 Active 741-char remark
  13. 2017-05-11
    soldstatus $39,500 Closed 401-char remark
    Show marketing remark (401 chars)

    Another fantastic opportunity to live in the Exclusive Gated Senior Manufactured Home Park of Desert Sands Mobile. This 2 Bedroom 2 Bath has been meticulously maintained and nicely upgated. The flowing open floorplan allows for easy movement throught the home. This is a gem on a quiet cul de sac with covered patio, inside laundry and a two car garage. Best to check out this beauty before it's gone.

  14. 2017-05-11
    soldstatus $39,500 Closed 401-char remark
    Show marketing remark (401 chars)

    Another fantastic opportunity to live in the Exclusive Gated Senior Manufactured Home Park of Desert Sands Mobile. This 2 Bedroom 2 Bath has been meticulously maintained and nicely upgated. The flowing open floorplan allows for easy movement throught the home. This is a gem on a quiet cul de sac with covered patio, inside laundry and a two car garage. Best to check out this beauty before it's gone.

  15. 2017-04-20
    status Backup Offers Accepted 401-char remark
    Show marketing remark (401 chars)

    Another fantastic opportunity to live in the Exclusive Gated Senior Manufactured Home Park of Desert Sands Mobile. This 2 Bedroom 2 Bath has been meticulously maintained and nicely upgated. The flowing open floorplan allows for easy movement throught the home. This is a gem on a quiet cul de sac with covered patio, inside laundry and a two car garage. Best to check out this beauty before it's gone.

  16. 2017-02-09
    listed $49,000 Active 401-char remark
    Show marketing remark (401 chars)

    Another fantastic opportunity to live in the Exclusive Gated Senior Manufactured Home Park of Desert Sands Mobile. This 2 Bedroom 2 Bath has been meticulously maintained and nicely upgated. The flowing open floorplan allows for easy movement throught the home. This is a gem on a quiet cul de sac with covered patio, inside laundry and a two car garage. Best to check out this beauty before it's gone.

  17. 2016-05-10
    soldstatus $18,000 Closed
    Show marketing remark (311 chars)

    Adorable Home. Nice living room formal dining with sliding doors open to a private covered patio. Kitchen has direct access to a double attached garage. Master bedroom with large closet. Master bath has stall shower. Lush landscaping. Clubhouse, pool, spa, sauna, billiard and card room, gym, and tennis courts.

  18. 2016-05-10
    soldstatus $18,000 Sold
    Show marketing remark (311 chars)

    Adorable Home. Nice living room formal dining with sliding doors open to a private covered patio. Kitchen has direct access to a double attached garage. Master bedroom with large closet. Master bath has stall shower. Lush landscaping. Clubhouse, pool, spa, sauna, billiard and card room, gym, and tennis courts.

  19. 2016-04-23
    status Pending
    Show marketing remark (311 chars)

    Adorable Home. Nice living room formal dining with sliding doors open to a private covered patio. Kitchen has direct access to a double attached garage. Master bedroom with large closet. Master bath has stall shower. Lush landscaping. Clubhouse, pool, spa, sauna, billiard and card room, gym, and tennis courts.

  20. 2016-04-19
    status Active
    Show marketing remark (311 chars)

    Adorable Home. Nice living room formal dining with sliding doors open to a private covered patio. Kitchen has direct access to a double attached garage. Master bedroom with large closet. Master bath has stall shower. Lush landscaping. Clubhouse, pool, spa, sauna, billiard and card room, gym, and tennis courts.

  21. 2016-04-19
    status Pending
    Show marketing remark (311 chars)

    Adorable Home. Nice living room formal dining with sliding doors open to a private covered patio. Kitchen has direct access to a double attached garage. Master bedroom with large closet. Master bath has stall shower. Lush landscaping. Clubhouse, pool, spa, sauna, billiard and card room, gym, and tennis courts.

  22. 2016-04-16
    price $28,000
    Show marketing remark (311 chars)

    Adorable Home. Nice living room formal dining with sliding doors open to a private covered patio. Kitchen has direct access to a double attached garage. Master bedroom with large closet. Master bath has stall shower. Lush landscaping. Clubhouse, pool, spa, sauna, billiard and card room, gym, and tennis courts.

  23. 2016-04-16
    price $29,500
    Show marketing remark (311 chars)

    Adorable Home. Nice living room formal dining with sliding doors open to a private covered patio. Kitchen has direct access to a double attached garage. Master bedroom with large closet. Master bath has stall shower. Lush landscaping. Clubhouse, pool, spa, sauna, billiard and card room, gym, and tennis courts.

  24. 2016-04-05
    listed $28,000 Active
    Show marketing remark (311 chars)

    Adorable Home. Nice living room formal dining with sliding doors open to a private covered patio. Kitchen has direct access to a double attached garage. Master bedroom with large closet. Master bath has stall shower. Lush landscaping. Clubhouse, pool, spa, sauna, billiard and card room, gym, and tennis courts.

ⓘ 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 9/10 Extreme 7 d/yr ≥113°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 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
$25,870
− Mortgage interest
−$8,682
− Property taxes
−$2,325
− Insurance
−$775
− Repairs & maintenance
−$2,070
− Management
−$2,070
− Depreciation
−$4,509
Taxable income
$5,439
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,305
After-tax cash flow
$6,278/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
Palm Springs Unified
NCES district ID
0629550
Math proficiency
21% ▼ -7.00%
Reading proficiency
42% ▬ 0.00%
Median HH income
$43,638
Composite
26.76/100
National rank
#7131
State rank
#328 of 517 in CA

Livability — Cathedral City

Score
66/100
State rank
#344
US rank
#11749

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cathedral City, CA
County
Riverside County · 2,287,001 people
City population
52,267
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
52,267
Household income
$73,572
Rent vs Own
33.5% rent · 66.5% own
Severe rent burden
1682.0

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 0.56)
Race & ethnicity
Hispanic / Latino 59% White 30% Two or more races 27% Asian 6% Native American 2% Black 2%
Hispanic origin (detail)
Mexican 51%
Common ancestry
Lithuanian 2% Romanian 1% Italian 1%
Foreign-born
28% · Canada, Vietnam
Languages at home
48% English-only · Spanish 46% Tagalog/Filipino 3% Other Asian/Pacific 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
▼ -136.57%
Current HPI
356.9845
Rent YoY
▲ 3.22%
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

Price history

+41.1% since first listed
12 events — show timeline
  • 2017-05-11 Sold (MLS) $39,500 GPSMLS
  • 2017-05-11 Sold (MLS) $39,500 GPSMLS
  • 2017-04-20 Pending GPSMLS
  • 2017-02-09 Listed $49,000 GPSMLS
  • 2016-05-10 Sold (MLS) $18,000 GPSMLS
  • 2016-05-10 Sold (MLS) $18,000 GPSMLS
  • 2016-04-23 Pending GPSMLS
  • 2016-04-19 Relisted GPSMLS
  • 2016-04-19 Pending GPSMLS
  • 2016-04-16 Price Changed $28,000 GPSMLS
  • 2016-04-16 Price Changed $29,500 GPSMLS
  • 2016-04-05 Listed $28,000 GPSMLS

Property tax history

-2.9%/yr

Latest (2025): $284 · -1.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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