70210 Highway 111 #44 · Rancho Mirage, CA 92270

$9,950

1 bd · 1.0 ba · 499 sqft · Manufactured · 178 Days on market

Built 1979 3.34 ac lot $20/sqft · 84% below area ↓ 50% since listing

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Why this score? — see what drove the D 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 +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +3.4/5.0
• Schools +2.7/10.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

LOCATION! LOCATION! LOCATION! The community of Rancho Mirage RV & Mobile Village offers affordable living in the heart of Coachella Valley, This 1 Bed 1 Bath unit has been rehabbed and in move-in condition. NEW AC Unti! Enjoy the Communiuty Pool and beautiful mountain views! Other untis available too!

Key facts

• New ac unit
• Community pool
• Move-in condition

Tags

• MOVE-IN CONDITION
• NEW AC UNIT
• COMMUNITY POOL
• BEAUTIFUL MOUNTAIN VIEWS

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $10k.

Deal economics

• At list price, monthly cash flow is $2k ($23k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $10k).
• Recommended offer: $9k (12.0% below list) — sets the bar for market timing.
• Cap rate 239.0% vs local median 3.0% in Rancho Mirage — 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 51/100 on livability (#1,065 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A+; Watch: amenities F, commute 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 rising (+3.7%/yr); 529 active listings in the ZIP; solid renter incomes; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $68 of loan paydown is wiped out by about $298 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 + 3.7% rent growth), your $3k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 178 days — a 12% lower offer ($9k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 8→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $8,756 (12.0% below list)

Questions for the listing agent

1. It's been on market 178 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 1979 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 25.43% ✓
• Cap rate: 239.05%
• Cash-on-cash: 831.26%
• DSCR: 37.99
• GRM: 0.3

CMA / ARV

• ARV (median comp): $62,636
• List price: $9,950
• Delta: -84.11%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
70210 Highway 111 #10	0.00mi	1/1.0	500 (+0%)	10mo	$28,000	$56	91
70260 Hwy 111 #138	0.22mi	2/2.0 (+1)	500 (+0%)	6mo	$99,000	$198	76

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 · 3.72% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 45.22×
• Total profit: $123,188
• Equity at exit: $1,484

10-year hold

• IRR: —
• Equity multiple: 99.13×
• Total profit: $273,387
• Equity at exit: $860

Cash invested: $2,786 (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 92270

• Rents YoY: 3.7%
• Active inventory: 529
• Price-to-rent: 0.3×

Monthly cashflow live

• Estimated rent: $2,530 medium
• Mortgage (P&I): −$52
• Tax est. 1.5%: −$12 /mo · $149/yr
• Insurance: −$4
• HOA: −$0
• Vacancy / Maint / Mgmt: −$531
• Net cashflow: $1,930

Break-even live

Break-even rent $87

Max offer price $9,950

Occupancy floor 19%

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: $2,488
• Closing costs: $298
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $9,950 Active 178 DOM
2. 2026-06-17
   days on market $9,950 Active 177 DOM
3. 2026-06-16
   days on market $9,950 Active 176 DOM
4. 2026-06-15
   days on market $9,950 Active 175 DOM
5. 2026-06-13
   days on market $9,950 Active 173 DOM
6. 2026-06-13
   days on market $9,950 Active 172 DOM
7. 2026-06-09
   days on market $9,950 Active 169 DOM
8. 2026-06-08
   days on market $9,950 Active 168 DOM
9. 2026-06-07
   days on market $9,950 Active 167 DOM
10. 2026-06-04
    days on market $9,950 Active 164 DOM
11. 2026-06-03
    days on market $9,950 Active 163 DOM
12. 2026-06-02
    days on market $9,950 Active 162 DOM
13. 2026-06-01
    days on market $9,950 Active 161 DOM
14. 2026-05-31
    days on market $9,950 Active 160 DOM
15. 2026-02-13
    price $9,950 308-char remark

    Show marketing remark (308 chars)

    LOCATION! LOCATION! LOCATION! The community of Rancho Mirage RV & Mobile Village offers affordable living in the heart of Coachella Valley, This 1 Bed 1 Bath unit has been rehabbed and in move-in condition. NEW AC Unti! Enjoy the Communiuty Pool and beautiful mountain views! Other untis available too!

16. 2026-01-29
    price $5,000 308-char remark

    Show marketing remark (308 chars)

    LOCATION! LOCATION! LOCATION! The community of Rancho Mirage RV & Mobile Village offers affordable living in the heart of Coachella Valley, This 1 Bed 1 Bath unit has been rehabbed and in move-in condition. NEW AC Unti! Enjoy the Communiuty Pool and beautiful mountain views! Other untis available too!

17. 2025-12-22
    listed $19,900 Active 308-char remark

    Show marketing remark (308 chars)

    LOCATION! LOCATION! LOCATION! The community of Rancho Mirage RV & Mobile Village offers affordable living in the heart of Coachella Valley, This 1 Bed 1 Bath unit has been rehabbed and in move-in condition. NEW AC Unti! Enjoy the Communiuty Pool and beautiful mountain views! Other untis available too!

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 8 d/yr ≥109°F today · 24 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,360
• − Mortgage interest: −$557
• − Property taxes: −$149
• − Insurance: −$50
• − Repairs & maintenance: −$2,429
• − Management: −$2,429
• − Depreciation: −$289
• Taxable income: $24,456
• Est. tax owed @ 24.0%: −$5,869
• After-tax cash flow: $17,289/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 — Rancho Mirage

• Score: 51/100
• State rank: #1065
• US rank: #25255

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rancho Mirage, CA
• County: Riverside County · 2,287,001 people
• City population: 17,563
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 17,563
• Household income: $107,364
• Rent vs Own: 18.0% rent · 82.0% own
• Severe rent burden: 498.0

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 (77%)
• Race & ethnicity: White 77% Hispanic / Latino 15% Two or more races 6% Asian 4% Black 2%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Slovak 4% Romanian 3% Lithuanian 3%
• Foreign-born: 17% · Canada, South Korea, China
• Languages at home: 81% English-only · Spanish 11% Other Indo-European 3% French/Haitian/Cajun 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: ▼ -210.99%
• Current HPI: 282.2957
• Rent YoY: ▲ 3.72%
• 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

-50.0% since first listed

3 events — show timeline

• 2026-02-13 Price Changed $9,950 CRMLS
• 2026-01-29 Price Changed $5,000 CRMLS
• 2025-12-22 Listed $19,900 CRMLS