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72082 Winters Rd
C+ Composite 61.48
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 +22.8/30.0
  • ARV discount +15.0/15.0
  • DSCR +7.3/10.0
  • 1% rule +5.1/10.0
  • Rent growth +3.6/5.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$134,999

72082 Winters Rd · Twentynine Palms, CA 92277
2 bd · 1.0 ba · 660 sqft · SingleFamily public records · 339 Days on market
Built 1956 5.00 ac lot $205/sqft · 23% below area Est $175k · 23% under ↓ 33% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Opportunity knocks in the high desert! Set on a sprawling 5-acre corner lot just minutes from the entrance to the Marine Corps base, this 2-bedroom, 1-bath home is brimming with potential and character. Built in 1956, the home exudes vintage desert charm with vaulted ceilings, classic block and brick construction, and a striking rock archway that beautifully frames the transition from the living room to the kitchen. The cozy home is ready for a creative vision and some much-needed TLC to bring it back to life. Home has city water and power. Step outside and imagine the possibilities—surrounded by concrete patios, the home offers a covered front porch perfect for morning coffee or stargazing at night. A detached two-car garage provides ample storage or workshop potential, and the separate block-built shed adds even more flexibility. With its south-facing orientation and wide-open desert views, the property is ripe for transformation—whether you're dreaming of a rustic desert retreat, an income-generating rental, or a long-term hold. Located in the heart of the Morongo Basin, a region celebrated for its surreal landscapes, vibrant art scene, and close proximity to Joshua Tree National Park, this property offers both seclusion and accessibility. Bring your tools, your imagination, and your ambition—this is your chance to invest in the magic of the Mojave.

Key facts

  • Covered front porch
  • 5 acre corner lot
  • Vaulted ceilings

Tags

5 ACRE CORNER LOTVAULTED CEILINGSBLOCK AND BRICK CONSTRUCTIONROCK ARCHWAYCOVERED FRONT PORCHDETACHED TWO CAR GARAGE

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 single-family listed at $135k.

Deal economics

  • At list price, monthly cash flow is $235 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $135k).
  • Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.4% vs local median 4.3% in Twentynine Palms — 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 59/100 on livability (#622 in CA) — a working-class tenant base; expect higher turnover. Strengths: commute A+, housing A+; Watch: schools D, amenities F, employment 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 (+4.5%/yr); 734 active listings in the ZIP; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k 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.

Negotiation context

  • It's been on market 339 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 2y ago; this cycle's ask has dropped $65k (33%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $118,799 (12.0% below list)

Questions for the listing agent

  1. It's been on market 339 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 1956 — 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 D-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
1.01%
Cap rate
8.38%
Cash-on-cash
7.45%
DSCR
1.33
GRM
8.3

CMA / ARV

ARV (median comp)
$174,962
List price
$134,999
Delta
-22.84%
Verdict
UNDERPRICED
Comps
2 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
71663 Winters Rd 0.06mi 1/1.0 (-1) 688 (+4%) 22mo $150,000 $218 67

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 · 4.45% rent growth · sell at horizon

5-year hold
IRR
-3.4%
Equity multiple
0.87×
Total profit
$-4,956
Equity at exit
$20,129
10-year hold
IRR
7.7%
Equity multiple
1.62×
Total profit
$23,298
Equity at exit
$11,672

Cash invested: $37,800 (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 92277

Home prices YoY
-3.1%
Rents YoY
4.5%
Active inventory
734
Price-to-rent
8.3×

Monthly cashflow live

Estimated rent
$1,362 medium interval (Pro) →
Mortgage (P&I)
$708
Tax from tax record
$77 /mo · $929/yr
Insurance
$56
HOA
$0
Vacancy / Maint / Mgmt
$286
Net cashflow
$235

Break-even live

Break-even rent $1,065
Max offer price $134,999
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
$33,750
Closing costs
$4,050
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 22 events

  1. 2026-06-18
    days on market $134,999 Active 339 DOM
  2. 2026-06-17
    days on market $134,999 Active 338 DOM
  3. 2026-06-16
    days on market $134,999 Active 337 DOM
  4. 2026-06-15
    days on market $134,999 Active 336 DOM
  5. 2026-06-13
    days on market $134,999 Active 334 DOM
  6. 2026-06-13
    days on market $134,999 Active 333 DOM
  7. 2026-06-09
    days on market $134,999 Active 330 DOM
  8. 2026-06-08
    days on market $134,999 Active 329 DOM
  9. 2026-06-07
    days on market $134,999 Active 328 DOM
  10. 2026-06-04
    days on market $134,999 Active 325 DOM
  11. 2026-06-03
    days on market $134,999 Active 324 DOM
  12. 2026-06-02
    pricedays on market $134,999 Active 323 DOM
  13. 2026-06-01
    days on market $139,999 Active 322 DOM
  14. 2026-05-31
    days on market $139,999 Active 321 DOM
  15. 2026-04-05
    price $139,999 1392-char remark
    Show marketing remark (1392 chars)

    Opportunity knocks in the high desert! Set on a sprawling 5-acre corner lot just minutes from the entrance to the Marine Corps base, this 2-bedroom, 1-bath home is brimming with potential and character. Built in 1956, the home exudes vintage desert charm with vaulted ceilings, classic block and brick construction, and a striking rock archway that beautifully frames the transition from the living room to the kitchen. The cozy home is ready for a creative vision and some much-needed TLC to bring it back to life. Home has city water and power. Step outside and imagine the possibilities—surrounded by concrete patios, the home offers a covered front porch perfect for morning coffee or stargazing at night. A detached two-car garage provides ample storage or workshop potential, and the separate block-built shed adds even more flexibility. With its south-facing orientation and wide-open desert views, the property is ripe for transformation—whether you're dreaming of a rustic desert retreat, an income-generating rental, or a long-term hold. Located in the heart of the Morongo Basin, a region celebrated for its surreal landscapes, vibrant art scene, and close proximity to Joshua Tree National Park, this property offers both seclusion and accessibility. Bring your tools, your imagination, and your ambition—this is your chance to invest in the magic of the Mojave.

  16. 2026-03-01
    price $149,999 1392-char remark
    Show marketing remark (1392 chars)

    Opportunity knocks in the high desert! Set on a sprawling 5-acre corner lot just minutes from the entrance to the Marine Corps base, this 2-bedroom, 1-bath home is brimming with potential and character. Built in 1956, the home exudes vintage desert charm with vaulted ceilings, classic block and brick construction, and a striking rock archway that beautifully frames the transition from the living room to the kitchen. The cozy home is ready for a creative vision and some much-needed TLC to bring it back to life. Home has city water and power. Step outside and imagine the possibilities—surrounded by concrete patios, the home offers a covered front porch perfect for morning coffee or stargazing at night. A detached two-car garage provides ample storage or workshop potential, and the separate block-built shed adds even more flexibility. With its south-facing orientation and wide-open desert views, the property is ripe for transformation—whether you're dreaming of a rustic desert retreat, an income-generating rental, or a long-term hold. Located in the heart of the Morongo Basin, a region celebrated for its surreal landscapes, vibrant art scene, and close proximity to Joshua Tree National Park, this property offers both seclusion and accessibility. Bring your tools, your imagination, and your ambition—this is your chance to invest in the magic of the Mojave.

  17. 2026-01-29
    price $160,000 1392-char remark
    Show marketing remark (1392 chars)

    Opportunity knocks in the high desert! Set on a sprawling 5-acre corner lot just minutes from the entrance to the Marine Corps base, this 2-bedroom, 1-bath home is brimming with potential and character. Built in 1956, the home exudes vintage desert charm with vaulted ceilings, classic block and brick construction, and a striking rock archway that beautifully frames the transition from the living room to the kitchen. The cozy home is ready for a creative vision and some much-needed TLC to bring it back to life. Home has city water and power. Step outside and imagine the possibilities—surrounded by concrete patios, the home offers a covered front porch perfect for morning coffee or stargazing at night. A detached two-car garage provides ample storage or workshop potential, and the separate block-built shed adds even more flexibility. With its south-facing orientation and wide-open desert views, the property is ripe for transformation—whether you're dreaming of a rustic desert retreat, an income-generating rental, or a long-term hold. Located in the heart of the Morongo Basin, a region celebrated for its surreal landscapes, vibrant art scene, and close proximity to Joshua Tree National Park, this property offers both seclusion and accessibility. Bring your tools, your imagination, and your ambition—this is your chance to invest in the magic of the Mojave.

  18. 2025-12-31
    price $165,000 1392-char remark
    Show marketing remark (1392 chars)

    Opportunity knocks in the high desert! Set on a sprawling 5-acre corner lot just minutes from the entrance to the Marine Corps base, this 2-bedroom, 1-bath home is brimming with potential and character. Built in 1956, the home exudes vintage desert charm with vaulted ceilings, classic block and brick construction, and a striking rock archway that beautifully frames the transition from the living room to the kitchen. The cozy home is ready for a creative vision and some much-needed TLC to bring it back to life. Home has city water and power. Step outside and imagine the possibilities—surrounded by concrete patios, the home offers a covered front porch perfect for morning coffee or stargazing at night. A detached two-car garage provides ample storage or workshop potential, and the separate block-built shed adds even more flexibility. With its south-facing orientation and wide-open desert views, the property is ripe for transformation—whether you're dreaming of a rustic desert retreat, an income-generating rental, or a long-term hold. Located in the heart of the Morongo Basin, a region celebrated for its surreal landscapes, vibrant art scene, and close proximity to Joshua Tree National Park, this property offers both seclusion and accessibility. Bring your tools, your imagination, and your ambition—this is your chance to invest in the magic of the Mojave.

  19. 2025-10-01
    price $185,000 1392-char remark
    Show marketing remark (1392 chars)

    Opportunity knocks in the high desert! Set on a sprawling 5-acre corner lot just minutes from the entrance to the Marine Corps base, this 2-bedroom, 1-bath home is brimming with potential and character. Built in 1956, the home exudes vintage desert charm with vaulted ceilings, classic block and brick construction, and a striking rock archway that beautifully frames the transition from the living room to the kitchen. The cozy home is ready for a creative vision and some much-needed TLC to bring it back to life. Home has city water and power. Step outside and imagine the possibilities—surrounded by concrete patios, the home offers a covered front porch perfect for morning coffee or stargazing at night. A detached two-car garage provides ample storage or workshop potential, and the separate block-built shed adds even more flexibility. With its south-facing orientation and wide-open desert views, the property is ripe for transformation—whether you're dreaming of a rustic desert retreat, an income-generating rental, or a long-term hold. Located in the heart of the Morongo Basin, a region celebrated for its surreal landscapes, vibrant art scene, and close proximity to Joshua Tree National Park, this property offers both seclusion and accessibility. Bring your tools, your imagination, and your ambition—this is your chance to invest in the magic of the Mojave.

  20. 2025-07-14
    listed $199,999 Active 1392-char remark
    Show marketing remark (1392 chars)

    Opportunity knocks in the high desert! Set on a sprawling 5-acre corner lot just minutes from the entrance to the Marine Corps base, this 2-bedroom, 1-bath home is brimming with potential and character. Built in 1956, the home exudes vintage desert charm with vaulted ceilings, classic block and brick construction, and a striking rock archway that beautifully frames the transition from the living room to the kitchen. The cozy home is ready for a creative vision and some much-needed TLC to bring it back to life. Home has city water and power. Step outside and imagine the possibilities—surrounded by concrete patios, the home offers a covered front porch perfect for morning coffee or stargazing at night. A detached two-car garage provides ample storage or workshop potential, and the separate block-built shed adds even more flexibility. With its south-facing orientation and wide-open desert views, the property is ripe for transformation—whether you're dreaming of a rustic desert retreat, an income-generating rental, or a long-term hold. Located in the heart of the Morongo Basin, a region celebrated for its surreal landscapes, vibrant art scene, and close proximity to Joshua Tree National Park, this property offers both seclusion and accessibility. Bring your tools, your imagination, and your ambition—this is your chance to invest in the magic of the Mojave.

  21. 2024-08-01
    historical
  22. 2024-03-22
    listed $210,000 Active

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

Tax reassessment forecast CA · Resets to sale price

Current annual tax
$929 · $77/mo
Projected year-2 tax
$1,026 · $85/mo
Expected delta
+$97/yr (+$8/mo · 10.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone D · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 10 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
$16,347
− Mortgage interest
−$7,562
− Property taxes
−$929
− Insurance
−$675
− Repairs & maintenance
−$1,308
− Management
−$1,308
− Depreciation
−$3,927
Taxable income
$638
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$153
After-tax cash flow
$2,662/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
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 — Twentynine Palms

Score
59/100
State rank
#622
US rank
#19731

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
San Bernardino County · 2,030,291 people
City population
26,277
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
26,277
Household income
$60,901
Rent vs Own
56.7% rent · 43.3% own
Severe rent burden
1057.0

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 0.70)
Race & ethnicity
White 49% Two or more races 24% Hispanic / Latino 24% Black 9% Asian 4% Pacific Islander 1% Native American 1%
Hispanic origin (detail)
Mexican 20%
Common ancestry
Italian 5% Lithuanian 3% Slovak 3%
Foreign-born
9% · Canada, China, South Korea
Languages at home
81% English-only · Spanish 12% Other Asian/Pacific 2% Tagalog/Filipino 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
▼ -12.15%
Current HPI
380.5083
Rent YoY
▲ 4.45%
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

-33.3% since first listed
8 events — show timeline
  • 2026-04-05 Price Changed $139,999 CRMLS
  • 2026-03-01 Price Changed $149,999 CRMLS
  • 2026-01-29 Price Changed $160,000 CRMLS
  • 2025-12-31 Price Changed $165,000 CRMLS
  • 2025-10-01 Price Changed $185,000 CRMLS
  • 2025-07-14 Listed $199,999 CRMLS
  • 2024-08-01 Listing Removed GPSMLS
  • 2024-03-22 Listed $210,000 GPSMLS

Property tax history

+2.8%/yr

Latest (2025): $929 · +3.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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