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5900 Colorado River Rd #18
B- Composite 68.53
Why this score? — see what drove the B- 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
  • ARV discount +7.5/15.0
  • Livability +3.7/5.0
  • Schools +2.6/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$85,000

5900 Colorado River Rd #18 · Blythe, CA 92225
3 bd · 2.0 ba · 840 sqft · Manufactured · 317 Days on market
Built 2003 Fair condition $101/sqft · 1228% above area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The perfect River Front vacation get-away at an AMAZINGLY LOW PRICE just became available. River Oasis is a small park with just 19 units. Imagine knowing all of your neighbors! This gated park has so much to offer. River front living in a no-wake zone for easy use of the courtesy docks for owner's use only. Private boat launch just next door. This 3 bedroom/2 bath unit has plenty of room to bring your family and friends. Central AC to keep everyone cool! Detached garage to store all the toys. Additional covered carport for extra parking. Just bring your clothes and toothbrush and start enjoying your home away from home today! Sold fully furnished as shown. At River Oasis you do not own the land, but the monthly space rent is incredibly affordable at only $575 per month. This park is designated as a "resort park" by the County, so no full-time living allowed. Occupancy is limited to 30 days at a time maximum.

Key facts

  • Courtesy docks
  • River front living
  • Gated park

Tags

RIVER FRONT LIVINGGATED PARKCOURTESY DOCKSPRIVATE BOAT LAUNCHFULLY FURNISHED

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 $85k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $874 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $85k).
  • Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
  • Cap rate 18.6% vs local median 4.6% in Blythe — 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 74/100 on livability (#143 in CA, #4,910 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: employment D, schools F, amenities F.
  • Palo Verde Unified (town): math 20% / reading 34% proficiency, ranked #1,133 of 1,400 in CA (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 189 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k 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 + 3.0% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 317 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 9y ago; this cycle's ask has dropped $15k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 317 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  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. 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
2.18%
Cap rate
18.63%
Cash-on-cash
44.07%
DSCR
2.96
GRM
3.8

CMA / ARV

ARV (median comp)
$6,400
List price
$85,000
Delta
1228.12%
Verdict
OVERPRICED
Comps
1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
41.0%
Equity multiple
2.76×
Total profit
$41,925
Equity at exit
$12,674
10-year hold
IRR
47.3%
Equity multiple
5.55×
Total profit
$108,306
Equity at exit
$7,349

Cash invested: $23,800 (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 92225

Home prices YoY
-15.8%
Active inventory
189
Price-to-rent
3.8×

Monthly cashflow live

Estimated rent
$1,850 medium interval (Pro) →
Mortgage (P&I)
$446
Tax est. 1.5%
$106 /mo · $1,275/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$388
Net cashflow
$874

Break-even live

Break-even rent $744
Max offer price $85,000
Occupancy floor 48%

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
$21,250
Closing costs
$2,550
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5180 Colorado River Rd Blythe, CA 2.0 1.0 600 $1,850 $3.08 21d 1 0.45mi

Listing history 26 events

  1. 2026-06-19
    days on market $85,000 Active 317 DOM
  2. 2026-06-18
    days on market $85,000 Active 316 DOM
  3. 2026-06-17
    days on market $85,000 Active 315 DOM
  4. 2026-06-16
    days on market $85,000 Active 314 DOM
  5. 2026-06-15
    days on market $85,000 Active 313 DOM
  6. 2026-06-14
    days on market $85,000 Active 311 DOM
  7. 2026-06-12
    days on market $85,000 Active 310 DOM
  8. 2026-06-09
    days on market $85,000 Active 307 DOM
  9. 2026-06-08
    days on market $85,000 Active 306 DOM
  10. 2026-06-07
    days on market $85,000 Active 305 DOM
  11. 2026-06-07
    days on market $85,000 Active 304 DOM
  12. 2026-06-04
    days on market $85,000 Active 301 DOM
  13. 2026-06-03
    price $85,000 Active 300 DOM
  14. 2026-06-02
    days on market $90,000 Active 300 DOM
  15. 2026-06-01
    days on market $90,000 Active 299 DOM
  16. 2026-05-31
    days on market $90,000 Active 298 DOM
  17. 2026-05-31
    days on market $90,000 Active 297 DOM
  18. 2025-11-14
    price $90,000 935-char remark
    Show marketing remark (935 chars)

    The perfect River Front vacation get-away at an AMAZINGLY LOW PRICE just became available. River Oasis is a small park with just 19 units. Imagine knowing all of your neighbors! This gated park has so much to offer. River front living in a no-wake zone for easy use of the courtesy docks for owner's use only. Private boat launch just next door. This 3 bedroom/2 bath unit has plenty of room to bring your family and friends. Central AC to keep everyone cool! Detached garage to store all the toys. Additional covered carport for extra parking. Just bring your clothes and toothbrush and start enjoying your home away from home today! Sold fully furnished as shown. At River Oasis you do not own the land, but the monthly space rent is incredibly affordable at only $575 per month. This park is designated as a "resort park" by the County, so no full-time living allowed. Occupancy is limited to 30 days at a time maximum.

  19. 2025-08-06
    listed $100,000 Active 935-char remark
    Show marketing remark (935 chars)

    The perfect River Front vacation get-away at an AMAZINGLY LOW PRICE just became available. River Oasis is a small park with just 19 units. Imagine knowing all of your neighbors! This gated park has so much to offer. River front living in a no-wake zone for easy use of the courtesy docks for owner's use only. Private boat launch just next door. This 3 bedroom/2 bath unit has plenty of room to bring your family and friends. Central AC to keep everyone cool! Detached garage to store all the toys. Additional covered carport for extra parking. Just bring your clothes and toothbrush and start enjoying your home away from home today! Sold fully furnished as shown. At River Oasis you do not own the land, but the monthly space rent is incredibly affordable at only $575 per month. This park is designated as a "resort park" by the County, so no full-time living allowed. Occupancy is limited to 30 days at a time maximum.

  20. 2018-08-31
    historical
  21. 2018-07-03
    price $29,000
  22. 2018-06-13
    price $34,900
  23. 2018-05-17
    listed $39,400 Active
  24. 2018-04-19
    historical
  25. 2018-03-23
    price $39,400
  26. 2017-11-04
    listed $49,500 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,200
− Mortgage interest
−$4,761
− Property taxes
−$1,275
− Insurance
−$425
− Repairs & maintenance
−$1,776
− Management
−$1,776
− Depreciation
−$2,473
Taxable income
$9,714
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,331
After-tax cash flow
$8,158/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

Fair 45/100 Moderate rehab

This manufactured home requires significant repairs and updates to its exterior, interior, and systems to improve its condition and value.

Repairs flagged

  • Major Exterior siding — Significant damage and wear
  • Major Interior walls — Exposed insulation and poor paint condition
  • Major Flooring — Worn carpet and subfloor
  • Major Kitchen cabinets — Outdated and worn
  • Major Bathroom fixtures — Worn and outdated

Value-add opportunities

  • Both Paint and interior updates — Fresh paint and updated interior will attract buyers and renters
  • Both New flooring — New flooring will improve the home's appearance and functionality
  • Both Kitchen and bathroom updates — Fresh updates will make the home more appealing to buyers and renters

Renovation cost estimate screening

Repair itemSeverityEst. cost
Exterior siding · Significant damage and wear Major $15,000–50,000
Interior walls · Exposed insulation and poor paint condition Major $15,000–50,000
Flooring · Worn carpet and subfloor Major $15,000–50,000
Kitchen cabinets · Outdated and worn Major $15,000–50,000
Bathroom fixtures · Worn and outdated Major $15,000–50,000
Total estimated repair cost · 5 items $75,000–250,000

Value-add ROI direction

  • Both Paint and interior updates — Fresh paint and updated interior will attract buyers and renters
  • Both New flooring — New flooring will improve the home's appearance and functionality
  • Both Kitchen and bathroom updates — Fresh updates will make the home more appealing to buyers and renters

ⓘ 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
Palo Verde Unified
NCES district ID
0629640
Math proficiency
20% ▲ 3.00%
Reading proficiency
34% ▲ 5.00%
Median HH income
$40,808
Composite
25.77/100
National rank
#12796
State rank
#1133 of 1400 in CA

Livability — Blythe

Score
74/100
State rank
#143
US rank
#4910

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
21,101

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 0.58)
Race & ethnicity
Hispanic / Latino 59% White 26% Two or more races 13% Black 10% Asian 2% Native American 2%
Hispanic origin (detail)
Mexican 54%
Common ancestry
Lithuanian 1% Romanian 1% Iranian 1%
Foreign-born
18% · Canada
Languages at home
55% English-only · Spanish 42% Other Indo-European 1% Tagalog/Filipino 0%

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
▼ -40.53%
Current HPI
215.4794
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+81.8% since first listed
9 events — show timeline
  • 2025-11-14 Price Changed $90,000 CRMLS
  • 2025-08-06 Listed $100,000 CRMLS
  • 2018-08-31 Listing Removed GPSMLS
  • 2018-07-03 Price Changed $29,000 GPSMLS
  • 2018-06-13 Price Changed $34,900 GPSMLS
  • 2018-05-17 Listed $39,400 GPSMLS
  • 2018-04-19 Listing Removed GPSMLS
  • 2018-03-23 Price Changed $39,400 GPSMLS
  • 2017-11-04 Listed $49,500 GPSMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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