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56254 29 Palms Hwy #26
C+ Composite 62.5
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
  • Condition / age +3.8/5.0
  • Rent growth +3.5/5.0
  • Livability +3.0/5.0
  • Schools +2.2/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$49,500

56254 29 Palms Hwy #26 · Yucca Valley, CA 92284
2 bd · 1.0 ba · 800 sqft · Manufactured · 101 Days on market
Built 1967 Good condition $62/sqft · 28% above area Est $39k · 28% over ↓ 32% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming double wide home in Apache Mobile Home Park featuring 2 bedrooms and 1 bath. This well-maintained property sits on a desirable corner lot and offers fresh updates throughout, including new flooring, new paint, and a stylish butcher block countertop in the kitchen. Comfortable and move-in ready, this home combines convenience with modern touches, making it an excellent opportunity in a sought-after senior park.

Key facts

  • New flooring
  • New paint
  • Fresh updates

Tags

CORNER LOTBUTCHER BLOCK COUNTERTOPFRESH UPDATESNEW FLOORINGNEW 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 2-bed/1.0-bath manufactured listed at $50k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $912 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $50k).
  • Recommended offer: $45k (9.0% below list) — sets the bar for market timing.
  • Cap rate 28.4% vs local median 3.6% in Yucca Valley — 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 60/100 on livability (#566 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+; Watch: cost of living D+, schools F, crime D-.
  • Morongo Unified (town): math 15% / reading 38% proficiency, ranked #395 of 517 in CA (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising fast (+4.1%/yr); 563 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($58k/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 $342 of loan paydown is wiped out by about $1k 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 + 4.1% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 101 days — a 9% lower offer ($45k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $10k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $45,045 (9.0% below list)

Questions for the listing agent

  1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
3.21%
Cap rate
28.41%
Cash-on-cash
79.00%
DSCR
4.52
GRM
2.6

CMA / ARV

ARV (median comp)
$38,728
List price
$49,500
Delta
27.82%
Verdict
OVERPRICED
Comps
8 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
56254 29 Palms Hwy #38 0.00mi 1/1.0 (-1) 780 (-2%) 0mo $50,000 $64 91
56254 29 Palms Hwy #120 0.00mi 1/1.0 (-1) 720 (-10%) 1mo $32,000 $44 78
7425 Church St #59 0.56mi 2/1.5 780 (-2%) 4mo $25,000 $32 65
7425 Church St #97 0.57mi 2/2.0 800 (0%) 12mo $41,500 $52 60
56254 29 Palms Hwy #66 0.27mi 2/2.0 720 (-10%) 16mo $47,500 $66 54
7425 Church St #43 0.52mi 1/1.0 (-1) 728 (-9%) 18mo $24,500 $34 40
7425 Church St #58 0.57mi 2/1.0 696 (-13%) 20mo $33,000 $47 36

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 · 4.12% rent growth · sell at horizon

5-year hold
IRR
80.4%
Equity multiple
4.75×
Total profit
$51,927
Equity at exit
$7,381
10-year hold
IRR
84.1%
Equity multiple
10.22×
Total profit
$127,742
Equity at exit
$4,280

Cash invested: $13,860 (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 92284

Home prices YoY
-33.1%
Rents YoY
4.1%
Active inventory
563
Price-to-rent
2.6×

Monthly cashflow live

Estimated rent
$1,588 high interval (Pro) →
Mortgage (P&I)
$260
Tax est. 1.5%
$62 /mo · $742/yr
Insurance
$21
HOA
$0
Vacancy / Maint / Mgmt
$333
Net cashflow
$912

Break-even live

Break-even rent $433
Max offer price $49,500
Occupancy floor 38%

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
$12,375
Closing costs
$1,485
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 10 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7389 Cibola Trl Unit B Yucca Valley, CA 2.0 1.0 750 $1,100 $1.47 14d 1 0.44mi
56565 Sunnyslope Dr Yucca Valley, CA 3.0 2.0 1000 $1,800 $1.80 43d 1 0.47mi
7239 Cherokee Trl Yucca Valley, CA 1.0 1.0 550 $1,429 $2.60 1d 1 0.47mi
6936 Grand Ave Yucca Valley, CA 2.0 1.0 785 $1,600 $2.04 18d 1 0.58mi
7496 Church St Yucca Valley, CA 2.0 2.0 987 $1,850 $1.87 18d 1 0.62mi
7434 Cherokee Trl Unit D Yucca Valley, CA 1.0 1.0 608 $1,100 $1.81 43d 1 0.69mi
7616 Apache Trl Yucca Valley, CA 2.0 1.0 1008 $1,900 $1.88 43d 1 0.83mi
7154 Barberry Ave Unit A Yucca Valley, CA 3.0 2.0 1100 $2,049 $1.86 18d 1 0.90mi
7330 Dumosa Ave Unit 7330 Yucca Valley, CA 2.0 1.0 750 $1,195 $1.59 2d 1 1.16mi
55220 Airlane Dr Unit 14A Yucca Valley, CA 2.0 2.0 954 $1,510 $1.58 43d 1 1.40mi

Listing history 20 events

  1. 2026-06-18
    days on market $49,500 Active 101 DOM
  2. 2026-06-17
    days on market $49,500 Active 100 DOM
  3. 2026-06-16
    days on market $49,500 Active 99 DOM
  4. 2026-06-15
    days on market $49,500 Active 98 DOM
  5. 2026-06-13
    days on market $49,500 Active 96 DOM
  6. 2026-06-13
    days on market $49,500 Active 95 DOM
  7. 2026-06-09
    days on market $49,500 Active 92 DOM
  8. 2026-06-08
    days on market $49,500 Active 91 DOM
  9. 2026-06-07
    days on market $49,500 Active 90 DOM
  10. 2026-06-04
    days on market $49,500 Active 87 DOM
  11. 2026-06-03
    days on market $49,500 Active 86 DOM
  12. 2026-06-02
    days on market $49,500 Active 85 DOM
  13. 2026-06-01
    days on market $49,500 Active 84 DOM
  14. 2026-05-31
    days on market $49,500 Active 83 DOM
  15. 2026-05-07
    price $49,500 422-char remark
    Show marketing remark (422 chars)

    Charming double wide home in Apache Mobile Home Park featuring 2 bedrooms and 1 bath. This well-maintained property sits on a desirable corner lot and offers fresh updates throughout, including new flooring, new paint, and a stylish butcher block countertop in the kitchen. Comfortable and move-in ready, this home combines convenience with modern touches, making it an excellent opportunity in a sought-after senior park.

  16. 2026-03-09
    listed $59,500 Active 422-char remark
    Show marketing remark (422 chars)

    Charming double wide home in Apache Mobile Home Park featuring 2 bedrooms and 1 bath. This well-maintained property sits on a desirable corner lot and offers fresh updates throughout, including new flooring, new paint, and a stylish butcher block countertop in the kitchen. Comfortable and move-in ready, this home combines convenience with modern touches, making it an excellent opportunity in a sought-after senior park.

  17. 2026-03-09
    historical
    Show marketing remark (422 chars)

    Charming double wide home in Apache Mobile Home Park featuring 2 bedrooms and 1 bath. This well-maintained property sits on a desirable corner lot and offers fresh updates throughout, including new flooring, new paint, and a stylish butcher block countertop in the kitchen. Comfortable and move-in ready, this home combines convenience with modern touches, making it an excellent opportunity in a sought-after senior park.

  18. 2025-12-22
    price $67,500
  19. 2025-10-02
    listed $72,500 Active
  20. 2025-09-29
    historical

ⓘ 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 5/10 Major
  • 🌡 Heat 6/10 Major 7 d/yr ≥97°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 13 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
$19,056
− Mortgage interest
−$2,773
− Property taxes
−$742
− Insurance
−$248
− Repairs & maintenance
−$1,524
− Management
−$1,524
− Depreciation
−$1,440
Taxable income
$10,804
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,593
After-tax cash flow
$8,356/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This charming double-wide manufactured home in Apache Mobile Home Park is well-maintained and move-in ready, featuring fresh updates and a desirable corner lot.

Value-add opportunities

  • Both Paint exterior — Fresh paint enhances curb appeal and value
  • Both Replace awnings — Weathered awnings can be replaced for a fresh look and functionality
  • Both Upgrade kitchen appliances — Modern appliances can increase both resale and rental value

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior — Fresh paint enhances curb appeal and value
  • Both Replace awnings — Weathered awnings can be replaced for a fresh look and functionality
  • Both Upgrade kitchen appliances — Modern appliances can increase both resale and rental value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Morongo Unified
NCES district ID
0625860
Math proficiency
15% ▼ -12.00%
Reading proficiency
38% ▼ -3.00%
Median HH income
$39,399
Composite
22.19/100
National rank
#8156
State rank
#395 of 517 in CA

Livability — Yucca Valley

Score
60/100
State rank
#566
US rank
#18584

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Yucca Valley, CA
County
San Bernardino County · 2,030,291 people
City population
25,415
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
25,415
Household income
$58,373
Rent vs Own
34.1% rent · 65.9% own
Severe rent burden
1132.0

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
Diverse neighborhood (Simpson 0.55)
Race & ethnicity
White 62% Hispanic / Latino 25% Two or more races 18% Black 2% Native American 2% Asian 2% Pacific Islander 1%
Hispanic origin (detail)
Mexican 20%
Common ancestry
Italian 4% Romanian 2% Slovak 2%
Foreign-born
9% · Canada
Languages at home
82% English-only · Spanish 14% Other Indo-European 1% Other Asian/Pacific 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
▼ -241.13%
Current HPI
486.7185
Rent YoY
▲ 4.12%
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

-31.7% since first listed
6 events — show timeline
  • 2026-05-07 Price Changed $49,500 CRMLS
  • 2026-03-09 Listing Removed CRMLS
  • 2026-03-09 Listed $59,500 CRMLS
  • 2025-12-22 Price Changed $67,500 CRMLS
  • 2025-10-02 Listed $72,500 CRMLS
  • 2025-09-29 Coming Soon CRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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