70200 Dillon Rd #105 · Desert Edge, CA 92241

$65,000

2 bd · 1.5 ba · 600 sqft · Manufactured · 115 Days on market

Built 2002 Good condition $108/sqft · at area comps Est $63k · at est.

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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 +5.9/15.0
• Condition / age +4.0/5.0
• Livability +3.4/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 2002 Fleetwood Park Model home, spanning roughly 600 sq. ft. , is well cared for and move-in ready. It features two spacious bedrooms (including a king-sized room) and 1.5 bathrooms, with numerous upgrades such as granite countertops, updated flooring, expanded venting for optimal heat pump efficiency, a foamed and covered roof, a new water heater, and additional enhancements. The kitchen includes modern conveniences like a dishwasher and garbage disposal, while a washer and dryer add extra practicality. This property offers ample possibilities, whether you're seeking a tranquil retreat or a permanent residence. Located within the esteemed 55+ Caliente Springs Resort, residents enjoy fantastic amenities: a mineral hot spring-fed pool and spa, a cutting-edge fitness center, a 9-hole golf course, eight pickleball courts, tennis courts, laundry facilities, a library, and a lively, engaged community. Beyond these luxurious features and stunning views, the resort also fosters camaraderie through a robust schedule of social events and activities, creating genuine connections among residents. Note: The lot is not owned; space rent is $673.

Key facts

• New water heater
• Updated flooring
• Granite countertops

Tags

• GRANITE COUNTERTOPS
• UPDATED FLOORING
• NEW WATER HEATER
• MINERAL HOT SPRING-FED POOL
• CUTTING-EDGE FITNESS CENTER
• 9-HOLE GOLF COURSE

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $65k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $880 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $65k).
• Recommended offer: $59k (9.0% below list) — sets the bar for market timing.
• Cap rate 24.8% vs local median 14.8% in Desert Edge — 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 68/100 on livability (#297 in CA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, commute D-.
• 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: 216 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $449 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 + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 115 days — a 9% lower offer ($59k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); moderate wildfire risk; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $59,150 (9.0% below list)

Questions for the listing agent

1. It's been on market 115 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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?
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: 2.83% ✓
• Cap rate: 24.85%
• Cash-on-cash: 66.26%
• DSCR: 3.95
• GRM: 2.9

CMA / ARV

• ARV (median comp): $62,769
• List price: $65,000
• Delta: 3.55%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
70200 Dillon Rd #446	0.00mi	2/1.5	600 (0%)	4mo	$75,000	$125	97
70200 Dillon Rd #215	0.11mi	1/1.0 (-1)	600 (0%)	4mo	$65,000	$108	85
70200 Dillon Rd #605	0.11mi	1/1.0 (-1)	600 (0%)	5mo	$97,500	$163	84
70200 Dillon Rd #97	0.17mi	1/1.0 (-1)	600 (0%)	4mo	$20,500	$34	82
70200 Dillon Rd #590	0.17mi	2/1.0	625 (+4%)	4mo	$61,500	$98	80
70200 Dillon Rd #654	0.17mi	2/1.0	550 (-8%)	3mo	$97,500	$177	74
70200 Dillon Rd #499	0.11mi	1/1.0 (-1)	650 (+8%)	3mo	$100,000	$154	71
70200 Dillon Rd #384	0.11mi	2/2.0	670 (+12%)	4mo	$57,000	$85	70
17850 Corkill Rd #31	0.61mi	2/1.0	600 (0%)	5mo	$25,000	$42	66
70200 Dillon Rd #146	0.17mi	1/1.0 (-1)	675 (+12%)	4mo	$49,000	$73	62
17300 Corkill Rd #3	0.37mi	3/1.0 (+1)	670 (+12%)	3mo	$49,960	$75	54
69548 Crestview Dr	0.66mi	2/2.0	672 (+12%)	3mo	$90,000	$134	45

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: 56.6%
• Equity multiple: 3.51×
• Total profit: $45,603
• Equity at exit: $9,692

10-year hold

• IRR: 61.6%
• Equity multiple: 7.17×
• Total profit: $112,284
• Equity at exit: $5,620

Cash invested: $18,200 (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 92241

• Home prices YoY: -22.8%
• Active inventory: 216
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $1,841 medium
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $880

Break-even live

Break-even rent $727

Max offer price $65,000

Occupancy floor 47%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
70875 Dillon Rd Desert Hot Springs, CA	2.0	2.0	720	$2,200	$3.06	44d	1	0.80mi
69360 Poolside Dr Desert Hot Springs, CA	3.0	2.0	648	$1,800	$2.78	2d	1	0.82mi
15935 Mary Cir Desert Hot Springs, CA	1.0	1.0	550	$1,350	$2.45	18d	1	1.37mi

Listing history 15 events

1. 2026-06-18
   days on market $65,000 Active 115 DOM
2. 2026-06-17
   days on market $65,000 Active 114 DOM
3. 2026-06-16
   days on market $65,000 Active 113 DOM
4. 2026-06-15
   days on market $65,000 Active 112 DOM
5. 2026-06-13
   days on market $65,000 Active 110 DOM
6. 2026-06-13
   days on market $65,000 Active 109 DOM
7. 2026-06-09
   days on market $65,000 Active 106 DOM
8. 2026-06-08
   days on market $65,000 Active 105 DOM
9. 2026-06-07
   days on market $65,000 Active 104 DOM
10. 2026-06-04
    days on market $65,000 Active 101 DOM
11. 2026-06-03
    days on market $65,000 Active 100 DOM
12. 2026-06-02
    days on market $65,000 Active 99 DOM
13. 2026-06-01
    days on market $65,000 Active 98 DOM
14. 2026-05-31
    days on market $65,000 Active 97 DOM
15. 2026-02-23
    listed $65,000 Active 1155-char remark

    Show marketing remark (1155 chars)

    This 2002 Fleetwood Park Model home, spanning roughly 600 sq. ft. , is well cared for and move-in ready. It features two spacious bedrooms (including a king-sized room) and 1.5 bathrooms, with numerous upgrades such as granite countertops, updated flooring, expanded venting for optimal heat pump efficiency, a foamed and covered roof, a new water heater, and additional enhancements. The kitchen includes modern conveniences like a dishwasher and garbage disposal, while a washer and dryer add extra practicality. This property offers ample possibilities, whether you're seeking a tranquil retreat or a permanent residence. Located within the esteemed 55+ Caliente Springs Resort, residents enjoy fantastic amenities: a mineral hot spring-fed pool and spa, a cutting-edge fitness center, a 9-hole golf course, eight pickleball courts, tennis courts, laundry facilities, a library, and a lively, engaged community. Beyond these luxurious features and stunning views, the resort also fosters camaraderie through a robust schedule of social events and activities, creating genuine connections among residents. Note: The lot is not owned; space rent is $673.

ⓘ 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 A · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 6 d/yr ≥109°F today · 16 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: $22,088
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$1,828
• − Repairs & maintenance: −$1,767
• − Management: −$1,767
• − Depreciation: −$1,891
• Taxable income: $10,220
• Est. tax owed @ 24.0%: −$2,453
• After-tax cash flow: $8,104/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 · 12 photos

Good 80/100 Cosmetic rehab

This 2002 Fleetwood Park model home is move-in ready with numerous upgrades and a good condition score, making it an excellent investment opportunity.

Value-add opportunities

• Both paint exterior — enhances curb appeal and resale value
• Both trim landscaping — improves curb appeal and rental value

Renovation cost estimate screening

Value-add ROI direction

• Both paint exterior — enhances curb appeal and resale value ↑
• Both trim landscaping — improves curb appeal and rental 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: 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 — Desert Edge

• Score: 68/100
• State rank: #297
• US rank: #9953

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Desert Edge, CA
• Population (ZIP): 8,624

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

• Race & ethnicity: White 50% Hispanic / Latino 46% Two or more races 16% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 36%
• Common ancestry: Lithuanian 3% Slovak 2% Portuguese 2%
• Foreign-born: 28% · Canada, South Korea
• Languages at home: 57% English-only · Spanish 38% Chinese 1% Russian/Polish/Slavic 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: ▼ -118.23%
• Current HPI: 400.5663
• Rent YoY: —
• Metro: —
• 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

1 event — show timeline

• 2026-02-23 Listed $65,000 GPSMLS