12 Jupiter St · Palm Springs, CA 92264

$74,999

3 bd · 2.0 ba · 1,450 sqft · Manufactured · 202 Days on market

Built 1969 $52/sqft · 30% below area Est $108k · 30% under ↓ 34% since listing

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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 +15.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.3/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Price adjustment-- Seller Motivated! Discover this spacious 1,450 sq ft double-wide manufactured home located in the desirable Horizon Village community. Surrounded by mountain views and offering direct access to scenic hiking trails right behind the community, this home blends comfort, convenience, and outdoor livingEnjoy a bright, open interior featuring fresh new paint inside and out. The generous floor plan provides plenty of space for relaxing or entertaining, with large windows that bring in natural light throughout. This ideal Palm Springs location places you just minutes from grocery stores, dining, schools, and conveniences. Community amenities include a clubhouse and pool, giving you great options for recreation and relaxation. SOLD AS IS.

Key facts

• Community pool
• Built 1969
• Listed 201 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $75k.

Deal economics

• At list price, monthly cash flow is $2k ($25k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
• Cap rate 40.0% vs local median 2.7% in Palm Springs — 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 66/100 on livability (#348 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+; Watch: schools C-, crime F, cost of living F.
• Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.4%/yr); 492 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• At $3,321/mo this rent would consume 51% of the median local household income ($78k/yr) (locally 1215% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k 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 + 0.0% rent growth), your $21k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 202 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $65,999 (12.0% below list)

Questions for the listing agent

1. It's been on market 202 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 1969 — 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. 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: 4.43% ✓
• Cap rate: 39.97%
• Cash-on-cash: 120.29%
• DSCR: 6.35
• GRM: 1.9

CMA / ARV

• ARV (median comp): $107,500
• List price: $74,999
• Delta: -30.23%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
190 Mercury St	0.22mi	3/2.0	1,440 (-1%)	16mo	$175,000	$122	75
137 Camarillo St	0.47mi	2/2.0 (-1)	1,390 (-4%)	4mo	$90,000	$65	63
236 Del Mar	0.44mi	3/2.0	1,500 (+3%)	13mo	$147,000	$98	63
186 Vega	0.21mi	2/3.0 (-1)	1,320 (-9%)	18mo	$80,000	$61	51
41 Santa Ana St	0.35mi	2/2.0 (-1)	1,248 (-14%)	9mo	$130,000	$104	48

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.34×
• Total profit: $112,237
• Equity at exit: $11,183

10-year hold

• IRR: —
• Equity multiple: 12.09×
• Total profit: $232,967
• Equity at exit: $6,485

Cash invested: $21,000 (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 92264

• Rents YoY: -0.4%
• Active inventory: 492
• Price-to-rent: 1.9×

Monthly cashflow live

• Estimated rent: $3,321 high
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$697
• Net cashflow: $2,105

Break-even live

Break-even rent $656

Max offer price $74,999

Occupancy floor 32%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2120 Southridge Dr Palm Springs, CA	2.0	2.0	1600	$3,000	$1.88	44d	1	0.09mi
449 Desert Lakes Dr Palm Springs, CA	2.0	2.0	1778	$3,000	$1.69	24d	1	0.10mi
3545 Ridgeview Cir Palm Springs, CA	3.0	3.0	1783	$5,675	$3.18	43d	1	0.29mi
3545 Ridgeview Cir Palm Springs, CA	3.0	2.5	1783	$9,750	$5.47	24d	1	0.29mi
3545 Ridgeview Cir Palm Springs, CA	3.0	2.5	1783	$9,750	$5.47	3d	1	0.29mi
1700 S Araby Dr Palm Springs, CA	1.0–2.0	1.0–2.0	871	$2,682	$3.08	1d	3	0.32mi
3180 E Escoba Dr Palm Springs, CA	3.0	2.0	1532	$3,700	$2.42	24d	1	0.41mi
177 Westlake Dr Palm Springs, CA	2.0	2.0	1545	$12,500	$8.09	43d	1	0.41mi
2716 Anza Trl Palm Springs, CA	3.0	2.0	1508	$4,950	$3.28	43d	1	0.45mi
1816 Pintura Cir W Palm Springs, CA	2.0	3.0	1650	$3,145	$1.91	43d	1	0.52mi
3113 E San Martin Cir Palm Springs, CA	3.0	2.0	1737	$3,950	$2.27	43d	1	0.54mi
24 Desert Lakes Dr Palm Springs, CA	2.0	2.0	1545	$9,500	$6.15	43d	1	0.56mi
2391 Mira Monte Cir W Palm Springs, CA	2.0	2.0	1180	$2,850	$2.42	43d	1	0.62mi
70 Lakeview Dr Palm Springs, CA	2.0	2.0	1545	$9,000	$5.83	21d	1	0.66mi
2350 Miramonte Cir E Unit A Palm Springs, CA	2.0	2.0	1264	$3,000	$2.37	24d	1	0.70mi
2350 Miramonte Cir E Unit E Palm Springs, CA	2.0	2.0	1241	$4,500	$3.63	43d	1	0.70mi
2550 Miramonte Cir E Unit C Palm Springs, CA	3.0	2.5	1397	$2,730	$1.95	24d	1	0.75mi
272 Desert Lakes Dr Palm Springs, CA	2.0	2.0	1545	$7,000	$4.53	43d	1	0.78mi
306 Desert Lakes Dr Palm Springs, CA	2.0	2.0	1545	$8,000	$5.18	43d	1	0.82mi
320 Desert Lakes Dr Palm Springs, CA	2.0	2.0	1545	$8,500	$5.50	43d	1	0.83mi
4850 N Winners Cir Unit A Palm Springs, CA	2.0	2.0	1275	$2,700	$2.12	16d	1	0.88mi
2441 S Birdie Way Unit E Palm Springs, CA	2.0	2.0	1438	$3,250	$2.26	24d	1	0.90mi
2601 S Broadmoor Dr Palm Springs, CA	2.0	2.0	1178	$2,050	$1.74	43d	2	0.93mi
2104 S Birdie Way Palm Springs, CA	3.0	2.0	1456	$3,600	$2.47	43d	1	0.93mi
2701 E Mesquite Ave Palm Springs, CA	2.0	2.0	1175	$3,435	$2.92	20d	4	0.93mi
2701 E Mesquite Ave Palm Springs, CA	2.0	2.0	1175	$2,982	$2.54	24d	5	0.93mi
2701 E Mesquite Ave Palm Springs, CA	2.0	2.0	1175	$2,898	$2.47	14d	4	0.93mi
2700 E Mesquite Ave Palm Springs, CA	2.0	2.0	1175	$3,025	$2.57	43d	2	0.97mi
1745 Capri Cir Palm Springs, CA	2.0	2.0	1200	$2,495	$2.08	24d	1	1.12mi
3730 E Camino San Miguel Palm Springs, CA	2.0	2.0	1711	$3,500	$2.05	43d	1	1.19mi
622 S Highland Dr Palm Springs, CA	3.0	3.0	1523	$6,000	$3.94	43d	1	1.21mi
5301 E Waverly Dr #192 Palm Springs, CA	2.0	2.0	979	$2,300	$2.35	24d	1	1.23mi
1710 E Sonora Rd Palm Springs, CA	2.0	2.0	1391	$2,800	$2.01	24d	1	1.26mi
5301 E Waverly Dr Palm Springs, CA	1.0–2.0	2.0	933	$2,300	$2.47	18d	2	1.31mi
5301 E Waverly Dr Palm Springs, CA	1.0–2.0	2.0	933	$2,300	$2.47	14d	2	1.31mi
505 S Farrell Dr Palm Springs, CA	1.0–2.0	1.0–2.0	986	$2,700	$2.74	2d	4	1.31mi
505 S Farrell Dr Palm Springs, CA	2.0	2.0	1175	$2,450	$2.09	43d	5	1.31mi
1486 E Palm Tree Dr Palm Springs, CA	2.0	2.0	1300	$3,000	$2.31	43d	1	1.35mi
4373 E Camino Parocela Palm Springs, CA	3.0	2.0	1375	$3,450	$2.51	5d	1	1.37mi
500 S Farrell Dr Palm Springs, CA	1.0–2.0	1.0–2.0	986	$5,700	$5.78	43d	3	1.37mi

Listing history 20 events

1. 2026-06-18
   days on market $74,999 Active 202 DOM
2. 2026-06-17
   days on market $74,999 Active 201 DOM
3. 2026-06-16
   days on market $74,999 Active 200 DOM
4. 2026-06-15
   days on market $74,999 Active 199 DOM
5. 2026-06-13
   days on market $74,999 Active 197 DOM
6. 2026-06-13
   pricedays on market $74,999 Active 196 DOM
7. 2026-06-09
   days on market $79,000 Active 193 DOM
8. 2026-06-08
   days on market $79,000 Active 192 DOM
9. 2026-06-07
   days on market $79,000 Active 191 DOM
10. 2026-06-04
    days on market $79,000 Active 188 DOM
11. 2026-06-03
    days on market $79,000 Active 187 DOM
12. 2026-06-02
    days on market $79,000 Active 186 DOM
13. 2026-06-01
    days on market $79,000 Active 185 DOM
14. 2026-05-31
    days on market $79,000 Active 184 DOM
15. 2026-05-01
    price $79,000 760-char remark

    Show marketing remark (760 chars)

    Price adjustment-- Seller Motivated! Discover this spacious 1,450 sq ft double-wide manufactured home located in the desirable Horizon Village community. Surrounded by mountain views and offering direct access to scenic hiking trails right behind the community, this home blends comfort, convenience, and outdoor livingEnjoy a bright, open interior featuring fresh new paint inside and out. The generous floor plan provides plenty of space for relaxing or entertaining, with large windows that bring in natural light throughout. This ideal Palm Springs location places you just minutes from grocery stores, dining, schools, and conveniences. Community amenities include a clubhouse and pool, giving you great options for recreation and relaxation. SOLD AS IS.

16. 2026-04-16
    price $90,000 760-char remark

    Show marketing remark (760 chars)

    Price adjustment-- Seller Motivated! Discover this spacious 1,450 sq ft double-wide manufactured home located in the desirable Horizon Village community. Surrounded by mountain views and offering direct access to scenic hiking trails right behind the community, this home blends comfort, convenience, and outdoor livingEnjoy a bright, open interior featuring fresh new paint inside and out. The generous floor plan provides plenty of space for relaxing or entertaining, with large windows that bring in natural light throughout. This ideal Palm Springs location places you just minutes from grocery stores, dining, schools, and conveniences. Community amenities include a clubhouse and pool, giving you great options for recreation and relaxation. SOLD AS IS.

17. 2026-03-27
    price $95,000 760-char remark

    Show marketing remark (760 chars)

    Price adjustment-- Seller Motivated! Discover this spacious 1,450 sq ft double-wide manufactured home located in the desirable Horizon Village community. Surrounded by mountain views and offering direct access to scenic hiking trails right behind the community, this home blends comfort, convenience, and outdoor livingEnjoy a bright, open interior featuring fresh new paint inside and out. The generous floor plan provides plenty of space for relaxing or entertaining, with large windows that bring in natural light throughout. This ideal Palm Springs location places you just minutes from grocery stores, dining, schools, and conveniences. Community amenities include a clubhouse and pool, giving you great options for recreation and relaxation. SOLD AS IS.

18. 2026-03-02
    price $110,000 760-char remark

    Show marketing remark (760 chars)

    Price adjustment-- Seller Motivated! Discover this spacious 1,450 sq ft double-wide manufactured home located in the desirable Horizon Village community. Surrounded by mountain views and offering direct access to scenic hiking trails right behind the community, this home blends comfort, convenience, and outdoor livingEnjoy a bright, open interior featuring fresh new paint inside and out. The generous floor plan provides plenty of space for relaxing or entertaining, with large windows that bring in natural light throughout. This ideal Palm Springs location places you just minutes from grocery stores, dining, schools, and conveniences. Community amenities include a clubhouse and pool, giving you great options for recreation and relaxation. SOLD AS IS.

19. 2025-11-29
    listed $120,000 Active 760-char remark

    Show marketing remark (760 chars)

    Price adjustment-- Seller Motivated! Discover this spacious 1,450 sq ft double-wide manufactured home located in the desirable Horizon Village community. Surrounded by mountain views and offering direct access to scenic hiking trails right behind the community, this home blends comfort, convenience, and outdoor livingEnjoy a bright, open interior featuring fresh new paint inside and out. The generous floor plan provides plenty of space for relaxing or entertaining, with large windows that bring in natural light throughout. This ideal Palm Springs location places you just minutes from grocery stores, dining, schools, and conveniences. Community amenities include a clubhouse and pool, giving you great options for recreation and relaxation. SOLD AS IS.

20. 2025-11-25
    historical $120,000 760-char remark

    Show marketing remark (760 chars)

    Price adjustment-- Seller Motivated! Discover this spacious 1,450 sq ft double-wide manufactured home located in the desirable Horizon Village community. Surrounded by mountain views and offering direct access to scenic hiking trails right behind the community, this home blends comfort, convenience, and outdoor livingEnjoy a bright, open interior featuring fresh new paint inside and out. The generous floor plan provides plenty of space for relaxing or entertaining, with large windows that bring in natural light throughout. This ideal Palm Springs location places you just minutes from grocery stores, dining, schools, and conveniences. Community amenities include a clubhouse and pool, giving you great options for recreation and relaxation. SOLD AS IS.

ⓘ 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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,848
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$375
• − Repairs & maintenance: −$3,188
• − Management: −$3,188
• − Depreciation: −$2,182
• Taxable income: $25,590
• Est. tax owed @ 24.0%: −$6,142
• After-tax cash flow: $19,119/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: Palm Springs Unified
• NCES district ID: 0629550
• Math proficiency: 21% ▼ -7.00%
• Reading proficiency: 42% ▬ 0.00%
• Median HH income: $43,638
• Composite: 26.76/100
• National rank: #7131
• State rank: #328 of 517 in CA

Livability — Palm Springs

• Score: 66/100
• State rank: #348
• US rank: #11850

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Springs, CA
• County: Riverside County · 2,287,001 people
• City population: 46,786
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 19,899
• Household income: $77,688
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 1215.0

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 White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 20% Two or more races 12% Asian 6% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 16%
• Common ancestry: Lithuanian 4% Romanian 3% Slovak 3%
• Foreign-born: 16% · Canada, China, South Korea
• Languages at home: 81% English-only · Spanish 13% Tagalog/Filipino 2% Other Asian/Pacific 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: ▼ -489.04%
• Current HPI: 357.0969
• Rent YoY: ▼ -0.43%
• 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

-34.2% since first listed

6 events — show timeline

• 2026-05-01 Price Changed $79,000 CRMLS
• 2026-04-16 Price Changed $90,000 CRMLS
• 2026-03-27 Price Changed $95,000 CRMLS
• 2026-03-02 Price Changed $110,000 CRMLS
• 2025-11-29 Listed $120,000 CRMLS
• 2025-11-25 Coming Soon $120,000 CRMLS