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26250 9th St Spc 105
C+ Composite 63.51
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Condition / age +4.2/5.0
  • Rent growth +3.2/5.0
  • Schools +3.1/10.0
  • Livability +3.0/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$88,000

26250 9th St Spc 105 · Highland, CA 92346
1 bd · 1.0 ba · 500 sqft · Manufactured · 190 Days on market
Built 1975 Good condition $176/sqft · 35% above area Est $65k · 35% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 26250 9th St, Space 105 in Highland — a beautifully remodeled 1-bedroom, 1-bath home located in a secure gated community with 24-hour security. This cozy home offers modern finishes and a comfortable layout designed for easy living. Step into a bright, updated interior featuring new flooring, stylish kitchen cabinetry, and quartz countertops with a custom backsplash. The kitchen features a gas range, microwave, and a convenient stackable washer and dryer. The upgraded bathroom offers a sleek walk-in shower and updated fixtures. Enjoy two covered parking spaces, a community pool, and access to a park with a playground— all within a peaceful, well-maintained park. With affordable space rent and a move-in-ready interior, this home blends comfort, security, and value in one great package.

Key facts

  • Gated community
  • Kitchen cabinetry
  • New flooring

Tags

REMODELED HOMEGATED COMMUNITY24 HOUR SECURITYUPDATED INTERIORNEW FLOORINGKITCHEN CABINETRY

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 manufactured listed at $88k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $703 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $88k).
  • Recommended offer: $77k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.9% vs local median 3.0% in Highland — 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 (#618 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A-; Watch: schools C-, commute D+, crime D-.
  • San Bernardino City Unified (urban): math 27% / reading 40% proficiency, ranked #959 of 1,400 in CA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+2.9%/yr); 152 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $608 of loan paydown is wiped out by about $3k 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 + 2.9% rent growth), your $25k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 190 days — a 12% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 2y ago; this cycle's ask is 4534% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 5→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $77,440 (12.0% below list)

Questions for the listing agent

  1. It's been on market 190 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 1975 — 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 D 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
1.89%
Cap rate
15.89%
Cash-on-cash
34.26%
DSCR
2.52
GRM
4.4

CMA / ARV

ARV (median comp)
$65,000
List price
$88,000
Delta
35.38%
Verdict
OVERPRICED
Comps
1 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
26250 E 9th #103 0.01mi 2/1.0 (+1) 510 (+2%) 12mo $55,000 $108 81

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 · 2.91% rent growth · sell at horizon

5-year hold
IRR
29.6%
Equity multiple
2.23×
Total profit
$30,418
Equity at exit
$13,121
10-year hold
IRR
36.8%
Equity multiple
4.40×
Total profit
$83,665
Equity at exit
$7,609

Cash invested: $24,640 (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 92346

Rents YoY
2.9%
Active inventory
152
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$1,660 high interval (Pro) →
Mortgage (P&I)
$461
Tax est. 1.5%
$110 /mo · $1,320/yr
Insurance
$37
HOA
$0
Vacancy / Maint / Mgmt
$349
Net cashflow
$703

Break-even live

Break-even rent $770
Max offer price $88,000
Occupancy floor 53%

Sensitivity live

Price -10% $764 -5% $734 +0% $703 +5% $673 +10% $643
Rent -10% $572 -5% $638 +0% $703 +5% $769 +10% $835
Rate -1.0pp $748 -0.5pp $726 base $703 +0.5pp $681 +1.0pp $657

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
$22,000
Closing costs
$2,640
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
26660 9th St Highland, CA 1.0–2.0 1.0–2.0 755 $1,825 $2.42 0d 5 0.37mi
26030 E Baseline St San Bernardino, CA 1.0–2.0 1.0 788 $1,450 $1.84 44d 1 0.56mi
26674 Ward St Highland, CA 1.0 1.0 720 $1,432 $1.99 13d 1 0.66mi
7239 Sterling Ave San Bernardino, CA 2.0 1.0 600 $1,750 $2.92 19d 1 0.83mi
27205 Main St Highland, CA 1.0 1.0 700 $1,575 $2.25 44d 1 1.38mi
1422 E 9th St San Bernardino, CA 1.0–2.0 1.0 675 $1,599 $2.37 0d 3 1.42mi

Listing history 24 events

  1. 2026-06-21
    days on market $88,000 Active 190 DOM
  2. 2026-06-18
    days on market $88,000 Active 187 DOM
  3. 2026-06-17
    days on market $88,000 Active 186 DOM
  4. 2026-06-16
    days on market $88,000 Active 185 DOM
  5. 2026-06-15
    days on market $88,000 Active 184 DOM
  6. 2026-06-13
    days on market $88,000 Active 182 DOM
  7. 2026-06-09
    days on market $88,000 Active 178 DOM
  8. 2026-06-08
    days on market $88,000 Active 177 DOM
  9. 2026-06-07
    days on market $88,000 Active 176 DOM
  10. 2026-06-04
    days on market $88,000 Active 173 DOM
  11. 2026-06-03
    days on market $88,000 Active 172 DOM
  12. 2026-06-02
    days on market $88,000 Active 171 DOM
  13. 2026-06-01
    days on market $88,000 Active 170 DOM
  14. 2026-05-31
    days on market $88,000 Active 169 DOM
  15. 2026-05-01
    listed $1,899
  16. 2026-03-15
    price $88,000 818-char remark
    Show marketing remark (818 chars)

    Welcome to 26250 9th St, Space 105 in Highland — a beautifully remodeled 1-bedroom, 1-bath home located in a secure gated community with 24-hour security. This cozy home offers modern finishes and a comfortable layout designed for easy living. Step into a bright, updated interior featuring new flooring, stylish kitchen cabinetry, and quartz countertops with a custom backsplash. The kitchen features a gas range, microwave, and a convenient stackable washer and dryer. The upgraded bathroom offers a sleek walk-in shower and updated fixtures. Enjoy two covered parking spaces, a community pool, and access to a park with a playground— all within a peaceful, well-maintained park. With affordable space rent and a move-in-ready interior, this home blends comfort, security, and value in one great package.

  17. 2025-12-17
    status Active 818-char remark
    Show marketing remark (818 chars)

    Welcome to 26250 9th St, Space 105 in Highland — a beautifully remodeled 1-bedroom, 1-bath home located in a secure gated community with 24-hour security. This cozy home offers modern finishes and a comfortable layout designed for easy living. Step into a bright, updated interior featuring new flooring, stylish kitchen cabinetry, and quartz countertops with a custom backsplash. The kitchen features a gas range, microwave, and a convenient stackable washer and dryer. The upgraded bathroom offers a sleek walk-in shower and updated fixtures. Enjoy two covered parking spaces, a community pool, and access to a park with a playground— all within a peaceful, well-maintained park. With affordable space rent and a move-in-ready interior, this home blends comfort, security, and value in one great package.

  18. 2025-10-13
    historical 818-char remark
    Show marketing remark (818 chars)

    Welcome to 26250 9th St, Space 105 in Highland — a beautifully remodeled 1-bedroom, 1-bath home located in a secure gated community with 24-hour security. This cozy home offers modern finishes and a comfortable layout designed for easy living. Step into a bright, updated interior featuring new flooring, stylish kitchen cabinetry, and quartz countertops with a custom backsplash. The kitchen features a gas range, microwave, and a convenient stackable washer and dryer. The upgraded bathroom offers a sleek walk-in shower and updated fixtures. Enjoy two covered parking spaces, a community pool, and access to a park with a playground— all within a peaceful, well-maintained park. With affordable space rent and a move-in-ready interior, this home blends comfort, security, and value in one great package.

  19. 2025-10-10
    listed $89,999 Active 818-char remark
    Show marketing remark (818 chars)

    Welcome to 26250 9th St, Space 105 in Highland — a beautifully remodeled 1-bedroom, 1-bath home located in a secure gated community with 24-hour security. This cozy home offers modern finishes and a comfortable layout designed for easy living. Step into a bright, updated interior featuring new flooring, stylish kitchen cabinetry, and quartz countertops with a custom backsplash. The kitchen features a gas range, microwave, and a convenient stackable washer and dryer. The upgraded bathroom offers a sleek walk-in shower and updated fixtures. Enjoy two covered parking spaces, a community pool, and access to a park with a playground— all within a peaceful, well-maintained park. With affordable space rent and a move-in-ready interior, this home blends comfort, security, and value in one great package.

  20. 2025-02-07
    soldstatus $80,000 Closed Sale 611-char remark
    Show marketing remark (611 chars)

    WOW. .. .. Completely remodeled NOT a FLIP the owner did it right as he was living in it!!! The kitchen and bathroom both look like they are right out of a Model Home!! Kitchen is a dream with Quartz Counter and a custom tiled Back-Splash also top of the line stove, dishwasher and stacked washer-dryer are included!! ! All new cabinets, new flooring throughout and the Bathroom has a great walk-in shower!!!! This is a must see. The price is under market for a quick sale!!! The park is a Family Park with a pool and a recreation room that can be reserved for parties, etc. and the rent is UNDER $800 a month!!

  21. 2025-02-05
    status Pending Sale 611-char remark
    Show marketing remark (611 chars)

    WOW. .. .. Completely remodeled NOT a FLIP the owner did it right as he was living in it!!! The kitchen and bathroom both look like they are right out of a Model Home!! Kitchen is a dream with Quartz Counter and a custom tiled Back-Splash also top of the line stove, dishwasher and stacked washer-dryer are included!! ! All new cabinets, new flooring throughout and the Bathroom has a great walk-in shower!!!! This is a must see. The price is under market for a quick sale!!! The park is a Family Park with a pool and a recreation room that can be reserved for parties, etc. and the rent is UNDER $800 a month!!

  22. 2025-01-23
    historical Active Under Contract 611-char remark
    Show marketing remark (611 chars)

    WOW. .. .. Completely remodeled NOT a FLIP the owner did it right as he was living in it!!! The kitchen and bathroom both look like they are right out of a Model Home!! Kitchen is a dream with Quartz Counter and a custom tiled Back-Splash also top of the line stove, dishwasher and stacked washer-dryer are included!! ! All new cabinets, new flooring throughout and the Bathroom has a great walk-in shower!!!! This is a must see. The price is under market for a quick sale!!! The park is a Family Park with a pool and a recreation room that can be reserved for parties, etc. and the rent is UNDER $800 a month!!

  23. 2024-12-10
    price $79,900 611-char remark
    Show marketing remark (611 chars)

    WOW. .. .. Completely remodeled NOT a FLIP the owner did it right as he was living in it!!! The kitchen and bathroom both look like they are right out of a Model Home!! Kitchen is a dream with Quartz Counter and a custom tiled Back-Splash also top of the line stove, dishwasher and stacked washer-dryer are included!! ! All new cabinets, new flooring throughout and the Bathroom has a great walk-in shower!!!! This is a must see. The price is under market for a quick sale!!! The park is a Family Park with a pool and a recreation room that can be reserved for parties, etc. and the rent is UNDER $800 a month!!

  24. 2024-10-25
    listed $84,900 Active 611-char remark
    Show marketing remark (611 chars)

    WOW. .. .. Completely remodeled NOT a FLIP the owner did it right as he was living in it!!! The kitchen and bathroom both look like they are right out of a Model Home!! Kitchen is a dream with Quartz Counter and a custom tiled Back-Splash also top of the line stove, dishwasher and stacked washer-dryer are included!! ! All new cabinets, new flooring throughout and the Bathroom has a great walk-in shower!!!! This is a must see. The price is under market for a quick sale!!! The park is a Family Park with a pool and a recreation room that can be reserved for parties, etc. and the rent is UNDER $800 a month!!

ⓘ 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 7/10 Severe
  • 🌡 Heat 8/10 Severe 5 d/yr ≥101°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 29 unhealthy d/yr today · 35 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
$19,923
− Mortgage interest
−$4,929
− Property taxes
−$1,320
− Insurance
−$440
− Repairs & maintenance
−$1,594
− Management
−$1,594
− Depreciation
−$2,560
Taxable income
$7,486
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,797
After-tax cash flow
$6,645/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 · 13 photos

Good 85/100 Cosmetic rehab

This remodeled mobile home is in good condition with updated interiors and a maintained exterior. It offers a good balance of modern finishes and a comfortable layout.

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
San Bernardino City Unified
NCES district ID
0634170
Math proficiency
27% ▲ 1.00%
Reading proficiency
40% ▬ 0.00%
Median HH income
$39,758
Composite
30.8/100
National rank
#11385
State rank
#959 of 1400 in CA

Livability — Highland

Score
59/100
State rank
#618
US rank
#19608

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Highland, CA
County
San Bernardino County · 2,030,291 people
City population
56,179
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
56,179
Household income
$85,163
Rent vs Own
32.9% rent · 67.1% own
Severe rent burden
1816.0

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 0.63)
Race & ethnicity
Hispanic / Latino 53% White 26% Two or more races 14% Black 8% Asian 8% Native American 1%
Hispanic origin (detail)
Mexican 46%
Common ancestry
Italian 1% Iranian 1% Lithuanian 1%
Foreign-born
19% · Canada, Vietnam, South Korea
Languages at home
60% English-only · Spanish 32% Vietnamese 2% Tagalog/Filipino 2%

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
▼ -328.00%
Current HPI
367.2829
Rent YoY
▲ 2.91%
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

-97.8% since first listed
10 events — show timeline
  • 2026-05-01 Listed for Rent $1,899 CRMLS
  • 2026-03-15 Price Changed $88,000 CRMLS
  • 2025-12-17 Relisted CRMLS
  • 2025-10-13 Listing Removed CRMLS
  • 2025-10-10 Listed $89,999 CRMLS
  • 2025-02-07 Sold (MLS) $80,000 CRMLS
  • 2025-02-05 Pending CRMLS
  • 2025-01-23 Contingent CRMLS
  • 2024-12-10 Price Changed $79,900 CRMLS
  • 2024-10-25 Listed $84,900 CRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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