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223 Imperial Ave
B- Composite 66.21
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 +29.9/30.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • 1% rule +7.4/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Livability +2.4/5.0
  • Schools +1.5/10.0
  • ARV discount +0.0/15.0

$260,000

223 Imperial Ave · Salton Sea Beach, CA 92274
2 bd · 1.0 ba · 1,124 sqft · SingleFamily · 29 Days on market
Built 1975 7,030 sqft lot Est $187k · 39% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

All-Cash Buyers Only - Perfect for retirement or affordable living with very monthly payment and expenses. A 3 bedroom 2 bathroom converted home on it's own land. No land lease! Approximately 1,124sf with a large den/family room with a one car garage and a two car carport. Cinder block wall instead of wood or chain-link fence with adjoining palm trees. There is a in ground pool that has not been used by owner. Block and a half from Salton Sea and just a little over 1,000ft from water front. Nearby Salvation Mountain, Mudpots, Imperial Sand Dunes, Dos Palmas Spring Oasis, State Park Oasis and the Date Farms offer plenty of relaxing activity options. Joshua Tree National Forest, Palm Springs, World’s Largest Dinosaur Museum and Palm Canyon/Anza Borrego State Park are all within easy commuting distance. Call and come see this place today.

Key facts

  • Enclosed carport
  • Large family room
  • Mini-split system

Tags

FULLY GATED PROPERTYCINDER BLOCK WALLLARGE FAMILY ROOMMINI-SPLIT SYSTEMENCLOSED CARPORT

Property features AI

Finance

  • Other: Short-term rental status unknown; Will not consider lease
  • Financial info: Cash and private financing available; Standard sale type
  • HOA & community: No monthly association fee

Exterior

  • Parking: Attached carport; Attached garage (2 spaces); One carport space; Driveway parking; Covered parking; Side-by-side parking; On-street parking; Total of 8 parking spaces; Three uncovered/assigned spaces; RV parking — buyer to verify dimensions
  • Security: Sprinklers present; Other security/safety features
  • Utilities: Water: other; Sewer: septic tank; PUD: no
  • Home design: Single-family detached home; One story
  • Construction: Built in year listed as other; Detached construction
  • Exterior features: Sprinkler system; Irrigation not present in some areas; Corner lot location (directions indicate corner home)

Interior

  • Kitchen: Refrigerator included; Stove included
  • Flooring: Tile; Other flooring
  • Bathrooms: One full bathroom
  • Heating & cooling: Propane gas heating; Ceiling fan(s); Wall/window air conditioning units; Other heating and cooling types
  • Interior features: Unfurnished; Property sold as-is
  • Laundry & utility: Propane equipment

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 $260k.

Deal economics

  • At list price, monthly cash flow is $963 ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $260k).
  • Recommended offer: $256k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 48/100 on livability (#1,190 in CA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, employment B, housing B; Watch: schools F, crime F, amenities F.
  • Coachella Valley Unified (rural): math 12% / reading 23% proficiency, ranked #481 of 517 in CA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 492 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 271 units permitted in Imperial County in 2024 (112 in 5+ unit buildings).

Forward outlook

  • In year one you build about $28k of equity ($2k loan paydown + $26k appreciation (10.0% local appreciation)).
  • Imperial County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $73k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 29 days — a 2% lower offer ($256k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 22y 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 $100k; list at $260k implies a 160% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 4→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $256,100 (1.5% below list)

Questions for the listing agent

  1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.24%
Cap rate
10.74%
Cash-on-cash
15.87%
DSCR
1.71
GRM
6.7

CMA / ARV

ARV (on-the-fly)
$186,584
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3441 Niland Ave 0.21mi 2/2.0 996 (-11%) 10mo $165,357 $166 59

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
36.0%
Equity multiple
3.79×
Total profit
$202,837
Equity at exit
$234,229
10-year hold
IRR
31.0%
Equity multiple
8.54×
Total profit
$548,956
Equity at exit
$505,123

Cash invested: $72,800 (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 92274

Home prices YoY
31.9%
Active inventory
492
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$3,235 medium interval (Pro) →
Mortgage (P&I)
$1,363
Tax from tax record
$121 /mo · $1,455/yr
Insurance
$108
HOA
$0
Vacancy / Maint / Mgmt
$679
Net cashflow
$963

Break-even live

Break-even rent $2,016
Max offer price $260,000
Occupancy floor 65%

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
$65,000
Closing costs
$7,800
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.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
Block 17 Apartments Salton Sea Beach, CA 1.0–2.0 1.0–2.0 941 $3,235 $3.44 1d 17 0.10mi

Listing history 19 events

  1. 2026-06-18
    days on market $260,000 Active 29 DOM
  2. 2026-06-17
    days on market $260,000 Active 28 DOM
  3. 2026-06-16
    days on market $260,000 Active 27 DOM
  4. 2026-06-15
    days on market $260,000 Active 26 DOM
  5. 2026-06-13
    days on market $260,000 Active 24 DOM
  6. 2026-06-13
    days on market $260,000 Active 23 DOM
  7. 2026-06-09
    days on market $260,000 Active 20 DOM
  8. 2026-06-08
    days on market $260,000 Active 19 DOM
  9. 2026-06-07
    days on market $260,000 Active 18 DOM
  10. 2026-06-04
    days on market $260,000 Active 15 DOM
  11. 2026-06-03
    days on market $260,000 Active 14 DOM
  12. 2026-06-02
    days on market $260,000 Active 13 DOM
  13. 2026-06-01
    days on market $260,000 Active 12 DOM
  14. 2026-05-31
    days on market $260,000 Active 11 DOM
  15. 2026-05-19
    listed $260,000 Active
  16. 2021-05-10
    soldstatus $100,000 853-char remark
    Show marketing remark (853 chars)

    All-Cash Buyers Only - Perfect for retirement or affordable living with very monthly payment and expenses. A 3 bedroom 2 bathroom converted home on it's own land. No land lease! Approximately 1,124sf with a large den/family room with a one car garage and a two car carport. Cinder block wall instead of wood or chain-link fence with adjoining palm trees. There is a in ground pool that has not been used by owner. Block and a half from Salton Sea and just a little over 1,000ft from water front. Nearby Salvation Mountain, Mudpots, Imperial Sand Dunes, Dos Palmas Spring Oasis, State Park Oasis and the Date Farms offer plenty of relaxing activity options. Joshua Tree National Forest, Palm Springs, World’s Largest Dinosaur Museum and Palm Canyon/Anza Borrego State Park are all within easy commuting distance. Call and come see this place today.

  17. 2020-08-18
    listed $95,000 853-char remark
    Show marketing remark (853 chars)

    All-Cash Buyers Only - Perfect for retirement or affordable living with very monthly payment and expenses. A 3 bedroom 2 bathroom converted home on it's own land. No land lease! Approximately 1,124sf with a large den/family room with a one car garage and a two car carport. Cinder block wall instead of wood or chain-link fence with adjoining palm trees. There is a in ground pool that has not been used by owner. Block and a half from Salton Sea and just a little over 1,000ft from water front. Nearby Salvation Mountain, Mudpots, Imperial Sand Dunes, Dos Palmas Spring Oasis, State Park Oasis and the Date Farms offer plenty of relaxing activity options. Joshua Tree National Forest, Palm Springs, World’s Largest Dinosaur Museum and Palm Canyon/Anza Borrego State Park are all within easy commuting distance. Call and come see this place today.

  18. 2005-05-01
    historical
  19. 2004-12-07
    listed $79,000

ⓘ 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
$1,455 · $121/mo
Projected year-2 tax
$1,976 · $165/mo
Expected delta
+$521/yr (+$43/mo · 35.8%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 10/10 Extreme 4 d/yr ≥114°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 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
$38,820
− Mortgage interest
−$14,564
− Property taxes
−$1,455
− Insurance
−$1,300
− Repairs & maintenance
−$3,106
− Management
−$3,106
− Depreciation
−$7,564
Taxable income
$7,727
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,854
After-tax cash flow
$9,697/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
Coachella Valley Unified
NCES district ID
0609070
Math proficiency
12% ▼ -8.00%
Reading proficiency
23% ▼ -6.00%
Median HH income
$37,683
Composite
14.62/100
National rank
#9408
State rank
#481 of 517 in CA

Livability — Salton Sea Beach

Score
48/100
State rank
#1190
US rank
#26026

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Salton Sea Beach, CA
Population (ZIP)
17,909

Population outlook (Imperial County) Hauer SSP2

Today (2025)
186,713 people
By 2030
190,022 · +1.8%
By 2040
195,993 · +5.0%
By 2050
199,534 · +6.9%
By 2075
216,878 · +16.2%
By 2100
352,705 · +88.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (88%)
Race & ethnicity
Hispanic / Latino 88% Two or more races 49% White 10%
Hispanic origin (detail)
Mexican 87%
Common ancestry
Italian 1% Portuguese 1%
Foreign-born
42% · Canada
Languages at home
24% English-only · Spanish 76%

Political lean MEDSL · Imperial

2024 margin
Toss-up / Even · D 48.3% · R 49.1% · Other 2.6%
2008→2024 swing
-27.0pp toward R · 2008: 26.2pp · 2024: -0.9pp
All cycles
2024: R+0.9 2020: D+24.4 2016: D+41.1 2012: D+28.8 2008: D+26.2

Not yet ingested

Civics

Market trends

HPI YoY
▲ 179.97%
Current HPI
744.8454
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+229.1% since first listed
5 events — show timeline
  • 2026-05-19 Listed $260,000 GPSMLS
  • 2021-05-10 Sold (MLS) $100,000 CRMLS
  • 2020-08-18 Listed $95,000 CRMLS
  • 2005-05-01 Listing Removed CRMLS
  • 2004-12-07 Listed $79,000 CRMLS

Property tax history

+14.5%/yr

Latest (2025): $1,455 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…