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2015 6th Ave #130
B- Composite 68.95
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
  • Schools +4.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$54,900

2015 6th Ave #130 · Clarkston Heights-Vineland, WA 99403
2 bd · 2.0 ba · 924 sqft · SingleFamily · 31 Days on market
Built 1993 Fair condition

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

Listing remarks

Affordable and comfortable living awaits in the desirable Sonary Crest 55+ Mobile Home Park. This 1993 single wide offers 2 bedrooms and 2 bathrooms with a functional split-bedroom layout featuring the primary suite with private bathroom at one end of the home and a second bedroom and full bathroom at the opposite end for added privacy. Situated on one of the largest lots in Sonary Crest, the property features a fenced yard, large covered front porch, detached storage shed, and a covered carport currently set up as a workshop space. The kitchen comes complete with all appliances, and the washer and dryer are also included, making this a move-in ready opportunity. The home could benefit from

Key facts

  • Fenced yard
  • Covered carport
  • Parking

Tags

FENCED YARDLARGE COVERED FRONT PORCHDETACHED STORAGE SHEDCOVERED CARPORTMOVE-IN READY OPPORTUNITY

Property features AI

Exterior

  • Parking: Covered carport (1 space)
  • Utilities: City water service; Sewer connected; Broadband internet available
  • Home design: Mobile/manufactured home on a rented lot; Built in 1993
  • Construction: Composition roofing
  • Exterior features: Full wood fencing; Covered patio/deck; Composition roof; Paved road access

Interior

  • Kitchen: Dishwasher; Freestanding oven/range; Refrigerator
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 bathrooms
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning
  • Interior features: Primary bedroom with private bathroom; Main-level bedrooms; Laminate countertops
  • Laundry & utility: Utility room on the main level

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 single-family listed at $55k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $592 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $55k).
  • Recommended offer: $53k (3.0% below list) — sets the bar for market timing.
  • Cap rate 19.2% vs local median 1.4% in Clarkston Heights-Vineland — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Clarkston School District (suburban): math 38% / reading 57% proficiency, ranked #172 of 291 in WA (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Heights Elementary (361 students, 45% FRL).
  • Market conditions: 250 active listings in the ZIP; 101 units permitted in Asotin County in 2024 (72 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Asotin County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 31 days — a 3% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
Recommended offer $53,253 (3.0% below list)

Questions for the listing agent

  1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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
2.24%
Cap rate
19.23%
Cash-on-cash
46.22%
DSCR
3.06
GRM
3.7

CMA / ARV

ARV (on-the-fly)
$297,528
Comps found
4
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2019 10th Ave 0.12mi 3/1.0 (+1) 1,040 (+13%) 9mo $315,000 $303 57
2677 25th St 0.51mi 2/1.0 936 (+1%) 21mo $249,000 $266 52
2676 25th St 0.54mi 2/1.0 936 (+1%) 22mo $335,000 $358 50
2646 Critchfield Rd 0.42mi 2/1.0 1,040 (+13%) 19mo $335,000 $322 40

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
43.5%
Equity multiple
2.88×
Total profit
$28,831
Equity at exit
$8,186
10-year hold
IRR
49.5%
Equity multiple
5.80×
Total profit
$73,737
Equity at exit
$4,747

Cash invested: $15,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Washington
28 Tenant-Leaning · D+8
County
— inherits STATE
City
— inherits STATE
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

ZIP-level market 99403

Active inventory
250
Price-to-rent
3.7×

Monthly cashflow live

Estimated rent
$1,230 medium interval (Pro) →
Mortgage (P&I)
$288
Tax est. 1.5%
$69 /mo · $824/yr
Insurance
$23
HOA
$0
Vacancy / Maint / Mgmt
$258
Net cashflow
$592

Break-even live

Break-even rent $480
Max offer price $54,900
Occupancy floor 47%

Sensitivity live

Price -10% $630 -5% $611 +0% $592 +5% $573 +10% $554
Rent -10% $495 -5% $543 +0% $592 +5% $641 +10% $689
Rate -1.0pp $620 -0.5pp $606 base $592 +0.5pp $578 +1.0pp $563

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
$13,725
Closing costs
$1,647
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 17 events

  1. 2026-06-21
    days on market $54,900 Active 31 DOM
  2. 2026-06-19
    pricedays on market $54,900 Active 29 DOM
  3. 2026-06-18
    days on market $59,900 Active 28 DOM
  4. 2026-06-17
    days on market $59,900 Active 27 DOM
  5. 2026-06-16
    days on market $59,900 Active 26 DOM
  6. 2026-06-15
    days on market $59,900 Active 25 DOM
  7. 2026-06-14
    days on market $59,900 Active 23 DOM
  8. 2026-06-12
    days on market $59,900 Active 22 DOM
  9. 2026-06-09
    days on market $59,900 Active 19 DOM
  10. 2026-06-08
    days on market $59,900 Active 18 DOM
  11. 2026-06-07
    days on market $59,900 Active 17 DOM
  12. 2026-06-03
    days on market $59,900 Active 13 DOM
  13. 2026-06-02
    days on market $59,900 Active 12 DOM
  14. 2026-06-01
    days on market $59,900 Active 11 DOM
  15. 2026-05-31
    days on market $59,900 Active 10 DOM
  16. 2026-05-30
    days on market $59,900 Active 9 DOM
  17. 2026-05-21
    listed $59,900 Active

ⓘ 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 3/10 Moderate
  • 🌡 Heat 4/10 Moderate 6 d/yr ≥100°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 8/10 Severe 12 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
$14,756
− Mortgage interest
−$3,075
− Property taxes
−$824
− Insurance
−$274
− Repairs & maintenance
−$1,181
− Management
−$1,181
− Depreciation
−$1,597
Taxable income
$6,625
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,590
After-tax cash flow
$5,515/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 · 5 photos

Fair 45/100 Moderate rehab

This mobile home requires significant exterior repairs and maintenance, including a major roof replacement and siding repair, to improve its condition and value.

Repairs flagged

  • Major siding — Severe weathering and peeling
  • Major roof — Signs of significant wear

Value-add opportunities

  • Both repair and paint exterior — Enhances curb appeal and value
  • Both repair roof — Critical for structural integrity and value

Renovation cost estimate screening

Repair itemSeverityEst. cost
siding · Severe weathering and peeling Major $15,000–50,000
roof · Signs of significant wear Major $15,000–50,000
Total estimated repair cost · 2 items $30,000–100,000

Value-add ROI direction

  • Both repair and paint exterior — Enhances curb appeal and value
  • Both repair roof — Critical for structural integrity and 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
Clarkston School District
NCES district ID
5301320
Math proficiency
38% ▼ -4.00%
Reading proficiency
57% ▲ 1.00%
Median HH income
$42,030
Composite
42.03/100
National rank
#7065
State rank
#172 of 291 in WA

Livability — Clarkston Heights-Vineland

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Clarkston Heights-Vineland, WA
Population (ZIP)
20,483

Population outlook (Asotin County) Hauer SSP2

Today (2025)
22,623 people
By 2030
22,746 · +0.5%
By 2040
22,597 · -0.1%
By 2050
21,947 · -3.0%
By 2075
19,478 · -13.9%
By 2100
16,206 · -28.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Two or more races 6% Hispanic / Latino 5% Native American 1% Asian 1%
Common ancestry
Portuguese 3% Lithuanian 2% Slovak 2%
Foreign-born
2% · Canada
Languages at home
97% English-only · Spanish 2% Tagalog/Filipino 1%

Political lean MEDSL · Asotin

2024 margin
Strong R (+25.6) · D 35.8% · R 61.5% · Other 2.7%
2008→2024 swing
-12.2pp toward R · 2008: -13.4pp · 2024: -25.6pp
All cycles
2024: R+25.6 2020: R+25.7 2016: R+26.8 2012: R+16.7 2008: R+13.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -346.91%
Current HPI
173.3027
Rent YoY
Metro
State GDP YoY
▲ 4.65%
F500 in state
22

Industry mix (Fortune 500 HQ in WA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-05-21 Listed $59,900 IMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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