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4444 E Avenue R
B- Composite 66.93
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
  • DSCR +10.0/10.0
  • 1% rule +9.1/10.0
  • ARV discount +7.5/15.0
  • Livability +2.8/5.0
  • Rent growth +2.5/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$185,000

4444 E Avenue R · Palmdale, CA 93552
2 bd · 2.0 ba · 4,168 sqft · Land public records · 37 Days on market
Built 1971

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

Listing remarks MLS

This one bedroom one bathroom manufactured home sitting on a large lot is great if your just starting out or if you are looking to downsize. The property manager keeps the park looking clean year around. The pool and rec room is a place place to relax. What better way to relax without have to drive for hours.

Key facts

  • Roof
  • Completely remodeled
  • Appliances

Tags

COMPLETELY REMODELEDEVAPORATIVE COOLERFURNACEFLOORINGAPPLIANCESROOF

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/2.0-bath land listed at $185k.

Deal economics

  • At list price, monthly cash flow is $789 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $185k).
  • Recommended offer: $179k (3.0% below list) — sets the bar for market timing.
  • Cap rate 11.4% vs local median 4.5% in Palmdale — 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 55/100 on livability (#861 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
  • Palmdale Elementary (suburban): math 20% / reading 31% proficiency, ranked #1,147 of 1,400 in CA (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 128 active listings in the ZIP; solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($86k/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 $6k of value loss. Plan a longer hold.
  • Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $52k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 37 days — a 3% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
  • 33 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $30k; list at $185k implies a 517% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 1→2/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $179,450 (3.0% below list)

Questions for the listing agent

  1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  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
1.41%
Cap rate
11.41%
Cash-on-cash
18.27%
DSCR
1.81
GRM
5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
9.9%
Equity multiple
1.39×
Total profit
$20,283
Equity at exit
$27,584
10-year hold
IRR
19.1%
Equity multiple
2.59×
Total profit
$82,491
Equity at exit
$15,995

Cash invested: $51,800 (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 93552

Home prices YoY
-6.4%
Active inventory
128
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$2,616 medium interval (Pro) →
Mortgage (P&I)
$970
Tax est. 1.5%
$231 /mo · $2,775/yr
Insurance
$77
HOA
$0
Vacancy / Maint / Mgmt
$549
Net cashflow
$789

Break-even live

Break-even rent $1,618
Max offer price $185,000
Occupancy floor 65%

Sensitivity live

Price -10% $916 -5% $852 +0% $789 +5% $725 +10% $661
Rent -10% $582 -5% $685 +0% $789 +5% $892 +10% $995
Rate -1.0pp $882 -0.5pp $836 base $789 +0.5pp $741 +1.0pp $692

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
$46,250
Closing costs
$5,550
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.

Listing history 50 events

  1. 2026-06-18
    days on market $185,000 Active 37 DOM
  2. 2026-06-17
    days on market $185,000 Active 36 DOM
  3. 2026-06-16
    days on market $185,000 Active 35 DOM
  4. 2026-06-15
    days on market $185,000 Active 34 DOM
  5. 2026-06-13
    days on market $185,000 Active 32 DOM
  6. 2026-06-13
    days on market $185,000 Active 31 DOM
  7. 2026-06-09
    days on market $185,000 Active 28 DOM
  8. 2026-06-08
    days on market $185,000 Active 27 DOM
  9. 2026-06-07
    days on market $185,000 Active 26 DOM
  10. 2026-06-04
    days on market $185,000 Active 23 DOM
  11. 2026-06-03
    days on market $185,000 Active 22 DOM
  12. 2026-06-02
    days on market $185,000 Active 21 DOM
  13. 2026-06-01
    days on market $185,000 Active 20 DOM
  14. 2026-05-31
    days on market $185,000 Active 19 DOM
  15. 2026-05-12
    listed $185,000 Active
  16. 2020-10-09
    soldstatus $30,000 Closed Sale 310-char remark
    Show marketing remark (310 chars)

    This one bedroom one bathroom manufactured home sitting on a large lot is great if your just starting out or if you are looking to downsize. The property manager keeps the park looking clean year around. The pool and rec room is a place place to relax. What better way to relax without have to drive for hours.

  17. 2020-10-01
    status Pending Sale 310-char remark
    Show marketing remark (310 chars)

    This one bedroom one bathroom manufactured home sitting on a large lot is great if your just starting out or if you are looking to downsize. The property manager keeps the park looking clean year around. The pool and rec room is a place place to relax. What better way to relax without have to drive for hours.

  18. 2020-09-25
    soldstatus $30,000 Closed Sale 310-char remark
    Show marketing remark (310 chars)

    This one bedroom one bathroom manufactured home sitting on a large lot is great if your just starting out or if you are looking to downsize. The property manager keeps the park looking clean year around. The pool and rec room is a place place to relax. What better way to relax without have to drive for hours.

  19. 2020-09-03
    status Pending Sale 310-char remark
    Show marketing remark (310 chars)

    This one bedroom one bathroom manufactured home sitting on a large lot is great if your just starting out or if you are looking to downsize. The property manager keeps the park looking clean year around. The pool and rec room is a place place to relax. What better way to relax without have to drive for hours.

  20. 2020-07-29
    listed $25,000 Active 310-char remark
    Show marketing remark (310 chars)

    This one bedroom one bathroom manufactured home sitting on a large lot is great if your just starting out or if you are looking to downsize. The property manager keeps the park looking clean year around. The pool and rec room is a place place to relax. What better way to relax without have to drive for hours.

  21. 2015-03-30
    historical
  22. 2015-03-28
    historical
  23. 2015-03-28
    historical
  24. 2015-03-28
    historical
  25. 2015-03-28
    historical
  26. 2015-03-28
    historical
  27. 2015-03-28
    historical
  28. 2015-03-28
    historical
  29. 2015-03-27
    historical
  30. 2015-03-27
    historical
  31. 2015-03-27
    historical
  32. 2015-03-27
    historical
  33. 2015-03-27
    historical
  34. 2015-03-27
    historical
  35. 2015-03-27
    historical
  36. 2015-03-27
    historical
  37. 2015-03-27
    historical
  38. 2015-03-27
    historical
  39. 2015-03-27
    historical
  40. 2015-03-27
    historical
  41. 2015-03-27
    historical
  42. 2015-03-17
    historical
  43. 2015-03-17
    historical
  44. 2014-06-30
    soldstatus $25,000
  45. 2014-03-28
    listed $25,000
  46. 2013-06-13
    listed $16,500
  47. 2013-05-30
    historical
  48. 2013-04-12
    listed $35,000
  49. 2013-03-06
    historical
  50. 2013-02-21
    listed $16,500

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 7/10 Severe
  • 🌡 Heat 6/10 Major 1 d/yr ≥100°F today · 2 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 25 unhealthy d/yr today · 29 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$31,398
− Mortgage interest
−$10,363
− Property taxes
−$2,775
− Insurance
−$925
− Repairs & maintenance
−$2,512
− Management
−$2,512
− Depreciation
−$5,382
Taxable income
$6,929
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,663
After-tax cash flow
$7,799/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
Palmdale Elementary
NCES district ID
0629580
Math proficiency
20% ▲ 1.00%
Reading proficiency
31% ▲ 1.00%
Median HH income
$48,652
Composite
25.34/100
National rank
#12888
State rank
#1147 of 1400 in CA

Livability — Palmdale

Score
55/100
State rank
#861
US rank
#23501

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Palmdale, CA
County
Los Angeles County · 9,444,647 people
City population
177,644
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
42,639
Household income
$85,954
Rent vs Own
22.9% rent · 77.1% own
Severe rent burden
747.0

Population outlook (Los Angeles County) Hauer SSP2

Today (2025)
10,940,515 people
By 2030
11,256,481 · +2.9%
By 2040
11,729,929 · +7.2%
By 2050
11,948,407 · +9.2%
By 2075
11,818,114 · +8.0%
By 2100
10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (72%)
Race & ethnicity
Hispanic / Latino 72% Two or more races 21% Black 13% White 11% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 55%
Common ancestry
Italian 1%
Foreign-born
27% · Canada, Dominican Republic
Languages at home
42% English-only · Spanish 55% Tagalog/Filipino 1%

Political lean MEDSL · Los Angeles

2024 margin
Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
2008→2024 swing
-7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
All cycles
2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -27.00%
Current HPI
394.1607
Rent YoY
Metro
Los Angeles-Long Beach-Anaheim, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+825.0% since first listed
68 events — show timeline
  • 2026-05-12 Listed $185,000 FSBO.com
  • 2020-10-09 Sold (MLS) $30,000 CRMLS
  • 2020-10-01 Pending CRMLS
  • 2020-09-25 Sold (MLS) $30,000 CRMLS
  • 2020-09-03 Pending CRMLS
  • 2020-07-29 Listed $25,000 CRMLS
  • 2015-03-30 Listing Removed AVMLS
  • 2015-03-28 Listing Removed AVMLS
  • 2015-03-28 Listing Removed AVMLS
  • 2015-03-28 Listing Removed AVMLS
  • 2015-03-28 Listing Removed AVMLS
  • 2015-03-28 Listing Removed AVMLS
  • 2015-03-28 Listing Removed AVMLS
  • 2015-03-28 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-27 Listing Removed AVMLS
  • 2015-03-17 Listing Removed AVMLS
  • 2015-03-17 Listing Removed AVMLS
  • 2014-06-30 Sold (MLS) $25,000 AVMLS
  • 2014-03-28 Listed $25,000 AVMLS
  • 2013-06-13 Listed $16,500 AVMLS
  • 2013-05-30 Listing Removed AVMLS
  • 2013-04-12 Listed $35,000 AVMLS
  • 2013-03-06 Listing Removed AVMLS
  • 2013-02-21 Listed $16,500 AVMLS
  • 2012-11-02 Listed $37,000 AVMLS
  • 2012-01-03 Sold (MLS) $40,000 AVMLS
  • 2011-09-22 Listed $60,000 AVMLS
  • 2010-11-08 Listed $23,000 AVMLS
  • 2010-05-12 Listed $29,500 AVMLS
  • 2009-11-13 Listed $29,500 AVMLS
  • 2009-07-18 Listing Removed AVMLS
  • 2009-07-17 Listed $69,000 AVMLS
  • 2009-06-06 Listed $35,000 AVMLS
  • 2009-05-29 Listed $18,000 AVMLS
  • 2009-03-26 Listed $50,500 AVMLS
  • 2009-02-12 Listed $70,000 AVMLS
  • 2009-01-21 Listed $25,000 AVMLS
  • 2008-11-16 Listed $35,000 AVMLS
  • 2008-10-24 Listed $50,000 AVMLS
  • 2008-10-22 Listed $20,900 AVMLS
  • 2008-09-17 Listed $79,900 AVMLS
  • 2008-08-19 Listed $29,900 AVMLS
  • 2008-03-25 Listed $29,000 AVMLS
  • 2008-03-14 Listed $50,000 AVMLS
  • 2007-11-03 Listed $65,000 AVMLS
  • 2007-05-08 Listing Removed AVMLS
  • 2007-04-25 Listed $55,000 AVMLS
  • 2007-04-03 Listed $47,000 AVMLS
  • 2006-04-07 Listed $49,900 AVMLS
  • 2005-07-18 Listed $30,000 AVMLS
  • 2004-12-07 Listing Removed AVMLS
  • 2004-05-13 Listed $35,000 AVMLS
  • 2004-05-12 Listing Removed AVMLS
  • 2003-12-15 Listed $39,500 AVMLS
  • 2003-09-23 Listed $35,000 AVMLS
  • 2000-07-05 Listed $20,000 AVMLS

Property tax history

+1.7%/yr

Latest (2025): $97,743 · +5.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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