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2981 Idle Ln
B- Composite 68.78
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
  • 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

$70,000

2981 Idle Ln · Twentynine Palms, CA 92277
1 bd · 1.0 ba · 768 sqft · Other public records · 13 Days on market
Built 1958 5.00 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Enter a realm of desert magic with this idyllic recreational cabin located in the highly artistic Wonder Valley. As you gaze upon the stunning mountain views, you'll feel your spirit lifted to new heights. This cabin sits on a full five acres of land, just waiting for you to unleash your creativity and bring your vision to life. With 768 square feet of interior space and a large patio, this cabin is ready to become your inspiring paradise. The brand new insulation, sturdy lumber, and new roof will help get you started! The nearby hot springs offer the chance to take a cosmic dip. With electricity already brought close to the property, you can get ready to plug in and tune into the celestial vibes. Don't miss this opportunity to journey to this one-of-a-kind cabin, which is being sold for cash only. Follow your dreams and take the journey of a lifetime.

Key facts

  • Off-grid basecamp
  • Front porch
  • Concrete slab

Tags

MOUNTAIN VIEWSCONCRETE SLABFRONT PORCHOFF-GRID BASECAMPMID-CENTURY GEM

Property features AI

Exterior

  • Home design: Single-story property; Built in 1958
  • Construction: Original construction from 1958
  • Exterior features: Located in the Wonder Valley subdivision

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 1-bed/1.0-bath other listed at $70k.

Deal economics

  • At list price, monthly cash flow is $524 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $70k).
  • Cap rate 15.3% 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 $484 of loan paydown is wiped out by about $2k 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.
  • At projected returns (-3.0% appreciation + 4.5% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 3y 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.

Risks & watch-outs

  • Watch-outs: built in 1958 — 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 $70,000

Questions for the listing agent

  1. Built in 1958 — 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 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?
  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
1.83%
Cap rate
15.28%
Cash-on-cash
32.11%
DSCR
2.43
GRM
4.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.45% rent growth · sell at horizon

5-year hold
IRR
28.8%
Equity multiple
2.22×
Total profit
$23,971
Equity at exit
$10,437
10-year hold
IRR
37.0%
Equity multiple
4.67×
Total profit
$71,963
Equity at exit
$6,052

Cash invested: $19,600 (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
4.6×

Monthly cashflow live

Estimated rent
$1,278 medium interval (Pro) →
Mortgage (P&I)
$367
Tax from tax record
$89 /mo · $1,072/yr
Insurance
$29
HOA
$0
Vacancy / Maint / Mgmt
$268
Net cashflow
$524

Break-even live

Break-even rent $615
Max offer price $70,000
Occupancy floor 54%

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
$17,500
Closing costs
$2,100
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 28 events

  1. 2026-06-18
    days on market $70,000 Active 13 DOM
  2. 2026-06-17
    days on market $70,000 Active 12 DOM
  3. 2026-06-16
    days on market $70,000 Active 11 DOM
  4. 2026-06-15
    days on market $70,000 Active 10 DOM
  5. 2026-06-13
    days on market $70,000 Active 8 DOM
  6. 2026-06-13
    days on market $70,000 Active 7 DOM
  7. 2026-06-09
    days on market $70,000 Active 4 DOM
  8. 2026-06-08
    days on market $70,000 Active 3 DOM
  9. 2026-06-07
    remarks 699-char remark
  10. 2026-06-07
    days on marketlisting id $70,000 Active 2 DOM
  11. 2026-06-04
    days on market $70,000 Active 9 DOM
  12. 2026-06-03
    days on market $70,000 Active 8 DOM
  13. 2026-06-02
    days on market $70,000 Active 7 DOM
  14. 2026-06-01
    days on market $70,000 Active 6 DOM
  15. 2026-05-31
    days on market $70,000 Active 5 DOM
  16. 2026-05-26
    listed $70,000 Active
  17. 2026-03-10
    historical
  18. 2025-11-07
    listed $95,000 Active
  19. 2023-11-02
    soldstatus $70,000 Closed Sale 864-char remark
    Show marketing remark (864 chars)

    Enter a realm of desert magic with this idyllic recreational cabin located in the highly artistic Wonder Valley. As you gaze upon the stunning mountain views, you'll feel your spirit lifted to new heights. This cabin sits on a full five acres of land, just waiting for you to unleash your creativity and bring your vision to life. With 768 square feet of interior space and a large patio, this cabin is ready to become your inspiring paradise. The brand new insulation, sturdy lumber, and new roof will help get you started! The nearby hot springs offer the chance to take a cosmic dip. With electricity already brought close to the property, you can get ready to plug in and tune into the celestial vibes. Don't miss this opportunity to journey to this one-of-a-kind cabin, which is being sold for cash only. Follow your dreams and take the journey of a lifetime.

  20. 2023-11-02
    soldstatus $70,000
    Show marketing remark (864 chars)

    Enter a realm of desert magic with this idyllic recreational cabin located in the highly artistic Wonder Valley. As you gaze upon the stunning mountain views, you'll feel your spirit lifted to new heights. This cabin sits on a full five acres of land, just waiting for you to unleash your creativity and bring your vision to life. With 768 square feet of interior space and a large patio, this cabin is ready to become your inspiring paradise. The brand new insulation, sturdy lumber, and new roof will help get you started! The nearby hot springs offer the chance to take a cosmic dip. With electricity already brought close to the property, you can get ready to plug in and tune into the celestial vibes. Don't miss this opportunity to journey to this one-of-a-kind cabin, which is being sold for cash only. Follow your dreams and take the journey of a lifetime.

  21. 2023-10-09
    status Pending Sale 864-char remark
    Show marketing remark (864 chars)

    Enter a realm of desert magic with this idyllic recreational cabin located in the highly artistic Wonder Valley. As you gaze upon the stunning mountain views, you'll feel your spirit lifted to new heights. This cabin sits on a full five acres of land, just waiting for you to unleash your creativity and bring your vision to life. With 768 square feet of interior space and a large patio, this cabin is ready to become your inspiring paradise. The brand new insulation, sturdy lumber, and new roof will help get you started! The nearby hot springs offer the chance to take a cosmic dip. With electricity already brought close to the property, you can get ready to plug in and tune into the celestial vibes. Don't miss this opportunity to journey to this one-of-a-kind cabin, which is being sold for cash only. Follow your dreams and take the journey of a lifetime.

  22. 2023-09-13
    price $80,000 864-char remark
    Show marketing remark (864 chars)

    Enter a realm of desert magic with this idyllic recreational cabin located in the highly artistic Wonder Valley. As you gaze upon the stunning mountain views, you'll feel your spirit lifted to new heights. This cabin sits on a full five acres of land, just waiting for you to unleash your creativity and bring your vision to life. With 768 square feet of interior space and a large patio, this cabin is ready to become your inspiring paradise. The brand new insulation, sturdy lumber, and new roof will help get you started! The nearby hot springs offer the chance to take a cosmic dip. With electricity already brought close to the property, you can get ready to plug in and tune into the celestial vibes. Don't miss this opportunity to journey to this one-of-a-kind cabin, which is being sold for cash only. Follow your dreams and take the journey of a lifetime.

  23. 2023-07-06
    listed $95,000 Active 864-char remark
    Show marketing remark (864 chars)

    Enter a realm of desert magic with this idyllic recreational cabin located in the highly artistic Wonder Valley. As you gaze upon the stunning mountain views, you'll feel your spirit lifted to new heights. This cabin sits on a full five acres of land, just waiting for you to unleash your creativity and bring your vision to life. With 768 square feet of interior space and a large patio, this cabin is ready to become your inspiring paradise. The brand new insulation, sturdy lumber, and new roof will help get you started! The nearby hot springs offer the chance to take a cosmic dip. With electricity already brought close to the property, you can get ready to plug in and tune into the celestial vibes. Don't miss this opportunity to journey to this one-of-a-kind cabin, which is being sold for cash only. Follow your dreams and take the journey of a lifetime.

  24. 2023-06-20
    historical
  25. 2023-04-18
    price $95,000
  26. 2023-01-02
    listed $125,000 Active
  27. 1999-03-12
    soldstatus $8,000
  28. 1988-09-20
    soldstatus $11,500

ⓘ 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
$1,072 · $89/mo
Projected year-2 tax
$1,072 · $89/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,342
− Mortgage interest
−$3,921
− Property taxes
−$1,072
− Insurance
−$350
− Repairs & maintenance
−$1,227
− Management
−$1,227
− Depreciation
−$2,036
Taxable income
$5,508
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,322
After-tax cash flow
$4,971/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

+508.7% since first listed
13 events — show timeline
  • 2026-05-26 Listed $70,000 FSBO.com
  • 2026-03-10 Listing Removed CRMLS
  • 2025-11-07 Listed $95,000 CRMLS
  • 2023-11-02 Sold (Public Records) $70,000 Public Records
  • 2023-11-02 Sold (MLS) $70,000 CRMLS
  • 2023-10-09 Pending CRMLS
  • 2023-09-13 Price Changed $80,000 CRMLS
  • 2023-07-06 Listed $95,000 CRMLS
  • 2023-06-20 Listing Removed CRMLS
  • 2023-04-18 Price Changed $95,000 CRMLS
  • 2023-01-02 Listed $125,000 CRMLS
  • 1999-03-12 Sold (Public Records) $8,000 Public Records
  • 1988-09-20 Sold (Public Records) $11,500 Public Records

Property tax history

+8.4%/yr

Latest (2025): $1,072 · +4.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…