80870 E 111 Hwy #124 · Indio, CA 92201

$25,000

2 bd · 1.0 ba · 675 sqft · Manufactured · 169 Days on market

Built 1970 3,180 sqft lot $37/sqft · 67% below area ↓ 17% since listing

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Why this score? — see what drove the D 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.8/10.0
• Rent growth +3.3/5.0
• Livability +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Riverdale Estates, a desirable community in the heart of Indio, California. This well-maintained mobile home offers a comfortable floor plan with a spacious living area, abundant natural light, a functional kitchen, and comfortable bedrooms. Enjoy desert living with easy access to shopping, dining, medical facilities, and nearby freeway access. Riverdale Estates features a friendly neighborhood atmosphere and well-kept grounds. A great opportunity for affordable homeownership in the Coachella Valley. Park approval required.

Key facts

• 3,180 sq ft lot
• Garage
• Community pool

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $25k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $25k).
• Recommended offer: $22k (12.0% below list) — sets the bar for market timing.
• Cap rate 71.3% vs local median 4.3% in Indio — 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 53/100 on livability (#927 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing B+; Watch: employment D, schools F, crime F.
• Desert Sands Unified (suburban): math 31% / reading 56% proficiency, ranked #199 of 517 in CA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.3%/yr); 514 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• This rent runs 35% of the median local income ($67k/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 $173 of loan paydown is wiped out by about $750 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 + 3.3% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 169 days — a 12% lower offer ($22k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $22,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 169 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — 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 F 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 7.73% ✓
• Cap rate: 71.28%
• Cash-on-cash: 232.10%
• DSCR: 11.33
• GRM: 1.1

CMA / ARV

• ARV (median comp): $74,900
• List price: $25,000
• Delta: -66.62%
• Verdict: UNDERPRICED
• Comps: 3 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
80870 Us Highway 111 #23	0.12mi	2/2.0	720 (+7%)	19mo	$45,000	$63	63

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 · 3.34% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 12.84×
• Total profit: $82,871
• Equity at exit: $3,728

10-year hold

• IRR: —
• Equity multiple: 27.58×
• Total profit: $186,057
• Equity at exit: $2,162

Cash invested: $7,000 (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.

Methodology + full state rankings →

ZIP-level market 92201

• Home prices YoY: -28.4%
• Rents YoY: 3.3%
• Active inventory: 514
• Price-to-rent: 1.1×

Monthly cashflow live

• Estimated rent: $1,932 high
• Mortgage (P&I): −$131
• Tax est. 1.5%: −$31 /mo · $375/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $1,354

Break-even live

Break-even rent $219

Max offer price $25,000

Occupancy floor 25%

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: $6,250
• Closing costs: $750
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
46725 Clinton St Indio, CA	1.0–2.0	1.0–2.0	610	$1,650	$2.70	5d	1	0.64mi
46745 Monroe St Indio, CA	1.0–2.0	1.0–2.0	880	$2,070	$2.35	1d	11	1.09mi
81901 Shadow Palm Ave Unit 92 Indio, CA	1.0	1.0	625	$1,135	$1.82	43d	1	1.16mi
81777 Avenue 48 Indio, CA	1.0–2.0	1.0	820	$1,950	$2.38	3d	5	1.23mi
82165 Doctor Carreon Blvd Indio, CA	1.0–2.0	1.0–2.0	828	$2,150	$2.60	3d	11	1.27mi
81875 Avenue 48 Indio, CA	1.0–2.0	1.0–2.0	804	$2,185	$2.72	10d	6	1.29mi
80161 Malaga Ave Indio, CA	1.0	1.0	470	$1,200	$2.55	18d	1	1.38mi

Listing history 15 events

1. 2026-06-18
   days on market $25,000 Active 169 DOM
2. 2026-06-17
   days on market $25,000 Active 168 DOM
3. 2026-06-16
   days on market $25,000 Active 167 DOM
4. 2026-06-15
   days on market $25,000 Active 166 DOM
5. 2026-06-13
   days on market $25,000 Active 164 DOM
6. 2026-06-09
   days on market $25,000 Active 160 DOM
7. 2026-06-08
   days on market $25,000 Active 159 DOM
8. 2026-06-07
   days on market $25,000 Active 158 DOM
9. 2026-06-04
   days on market $25,000 Active 155 DOM
10. 2026-06-03
    days on market $25,000 Active 154 DOM
11. 2026-06-02
    days on market $25,000 Active 153 DOM
12. 2026-06-01
    days on market $25,000 Active 152 DOM
13. 2026-05-31
    days on market $25,000 Active 151 DOM
14. 2026-03-21
    price $25,000 540-char remark

    Show marketing remark (540 chars)

    Welcome to Riverdale Estates, a desirable community in the heart of Indio, California. This well-maintained mobile home offers a comfortable floor plan with a spacious living area, abundant natural light, a functional kitchen, and comfortable bedrooms. Enjoy desert living with easy access to shopping, dining, medical facilities, and nearby freeway access. Riverdale Estates features a friendly neighborhood atmosphere and well-kept grounds. A great opportunity for affordable homeownership in the Coachella Valley. Park approval required.

15. 2025-12-31
    listed $30,000 Active 540-char remark

    Show marketing remark (540 chars)

    Welcome to Riverdale Estates, a desirable community in the heart of Indio, California. This well-maintained mobile home offers a comfortable floor plan with a spacious living area, abundant natural light, a functional kitchen, and comfortable bedrooms. Enjoy desert living with easy access to shopping, dining, medical facilities, and nearby freeway access. Riverdale Estates features a friendly neighborhood atmosphere and well-kept grounds. A great opportunity for affordable homeownership in the Coachella Valley. Park approval required.

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 6 d/yr ≥114°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,190
• − Mortgage interest: −$1,400
• − Property taxes: −$375
• − Insurance: −$125
• − Repairs & maintenance: −$1,855
• − Management: −$1,855
• − Depreciation: −$727
• Taxable income: $16,852
• Est. tax owed @ 24.0%: −$4,044
• After-tax cash flow: $12,202/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: Desert Sands Unified
• NCES district ID: 0611110
• Math proficiency: 31% ▼ -4.00%
• Reading proficiency: 56% ▲ 7.00%
• Median HH income: $54,957
• Composite: 37.77/100
• National rank: #4346
• State rank: #199 of 517 in CA

Livability — Indio

• Score: 53/100
• State rank: #927
• US rank: #24244

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Indio, CA
• County: Riverside County · 2,287,001 people
• City population: 100,560
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 65,825
• Household income: $66,758
• Rent vs Own: 42.3% rent · 57.7% own
• Severe rent burden: 2036.0

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: Predominantly Hispanic (74%)
• Race & ethnicity: Hispanic / Latino 74% Two or more races 39% White 19% Black 3% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 69%
• Common ancestry: Romanian 1% Iranian 1%
• Foreign-born: 29% · Canada, Vietnam, Jamaica
• Languages at home: 41% English-only · Spanish 55% Arabic 1% Tagalog/Filipino 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: ▼ -138.46%
• Current HPI: 348.6605
• Rent YoY: ▲ 3.34%
• 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
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-16.7% since first listed

2 events — show timeline

• 2026-03-21 Price Changed $25,000 GPSMLS
• 2025-12-31 Listed $30,000 GPSMLS