70200 Dillon Rd #39 · Desert Edge, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- A
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $1,009 – $1,996
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 8/10 · Major
- Hot days now (above 109°F)
- 4 days/yr
- Hot days in 30 yrs
- 12 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
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 +4.8/15.0
- Condition / age +3.8/5.0
- Livability +3.4/5.0
- Schools +2.7/10.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$55,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This splendid and super clean 2003 Cavco Park model with ~550 sq. ft. features 2 bedrooms, 1 bathroom and a laundry room in the shed. Bring your creative flair and make this well-appointed home your dream getaway with stunning views from the front covered deck of little San Bernadino Mountains where you can enjoy your morning coffee or unmatched sunsets. The California room is currently being utilized as a 2nd bedroom/office. Ample parking for 2 dedicated spots. Located in the luxurious 55+ Caliente Springs Resort which offers amenities that include mineral hot spring pool and spas, state of the art fitness center, 9-hole golf course, pickleball courts, tennis courts, laundry facilities, library, and fun organized community events. Beyond the comfort and amenities of the home itself, residents of Caliente Springs Resort enjoy a vibrant, welcoming atmosphere where neighbors become friends, and every day brings new opportunities for relaxation and recreation. Whether you're seeking peaceful mornings on the deck, social afternoons on the pickleball courts, or quiet evenings at the library, this community is designed to enrich your lifestyle and provide endless possibilities for leisure and connection in a picturesque desert setting. Come make this your new home or getaway place and enjoy this amazing community. Lot is not owned; space rent is $673.
Key facts
- 9 hole golf course
- Front covered deck
- Pickleball courts
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath manufactured listed at $56k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $909 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $56k).
- Recommended offer: $52k (6.0% below list) — sets the bar for market timing.
- Cap rate 28.6% 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: 218 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 $384 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 $16k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 67 days — a 6% lower offer ($52k) is reasonable based on typical stale-listing flexibility.
- 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: flood insurance adds $125/mo.
- Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); extreme-heat days projected 4→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 3.23% ✓
- Cap rate
- 28.64%
- Cash-on-cash
- 79.83%
- DSCR
- 4.55
- GRM
- 2.6
CMA / ARV
- ARV (median comp)
- $52,400
- List price
- $55,500
- Delta
- 5.92%
- 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 #654 | 0.01mi | 2/1.0 | 550 (0%) | 3mo | $97,500 | $177 | 97 |
| 70200 Dillon Rd #416 | 0.01mi | 1/1.0 (-1) | 550 (0%) | 8mo | $48,000 | $87 | 88 |
| 70200 Dillon Rd #320 | 0.00mi | 1/1.0 (-1) | 550 (0%) | 10mo | $50,000 | $91 | 86 |
| 70200 Dillon Rd #527 | 0.00mi | 2/1.0 | 525 (-4%) | 13mo | $55,000 | $105 | 82 |
| 70200 Dillon Rd #97 | 0.01mi | 1/1.0 (-1) | 600 (+9%) | 5mo | $20,500 | $34 | 76 |
| 70200 Dillon Rd #590 | 0.01mi | 2/1.0 | 625 (+14%) | 4mo | $61,500 | $98 | 74 |
| 70200 Dillon Rd #446 | 0.16mi | 2/1.5 | 600 (+9%) | 4mo | $75,000 | $125 | 72 |
| 70200 Dillon Rd #324 | 0.27mi | 1/1.0 (-1) | 570 (+4%) | 12mo | $76,000 | $133 | 66 |
| 70200 Dillon Rd #215 | 0.27mi | 1/1.0 (-1) | 600 (+9%) | 4mo | $65,000 | $108 | 64 |
| 70200 Dillon Rd #605 | 0.27mi | 1/1.0 (-1) | 600 (+9%) | 5mo | $97,500 | $163 | 64 |
| 70200 Dillon Rd #36 | 0.27mi | 1/1.0 (-1) | 600 (+9%) | 8mo | $65,000 | $108 | 61 |
| 70200 Dillon Rd #244 | 0.27mi | 1/1.0 (-1) | 630 (+14%) | 13mo | $55,900 | $89 | 47 |
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
- IRR
- 69.8%
- Equity multiple
- 4.15×
- Total profit
- $48,976
- Equity at exit
- $8,275
- IRR
- 73.8%
- Equity multiple
- 8.57×
- Total profit
- $117,581
- Equity at exit
- $4,799
Cash invested: $15,540 (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
ZIP-level market 92241
- Home prices YoY
- -22.8%
- Active inventory
- 218
- Price-to-rent
- 2.6×
Monthly cashflow live
- Estimated rent
- $1,794 medium interval (Pro) →
- Mortgage (P&I)
- −$291
- Tax est. 1.5%
- −$69 /mo · $832/yr
- Insurance
- −$23
- Flood insurance flood zone
- −$125 /mo · $1,502/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$377
- Net cashflow
- $909
Break-even live
Sensitivity live
| Price | -10% $947 | -5% $928 | +0% $909 | +5% $889 | +10% $870 |
|---|---|---|---|---|---|
| Rent | -10% $767 | -5% $838 | +0% $909 | +5% $979 | +10% $1,050 |
| Rate | -1.0pp $936 | -0.5pp $923 | base $909 | +0.5pp $894 | +1.0pp $880 |
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
- $13,875
- Closing costs
- $1,665
- 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 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 69360 Poolside Dr Desert Hot Springs, CA | 3.0 | 2.0 | 648 | $1,800 | $2.78 | 3d | 1 | 0.76mi |
| 70875 Dillon Rd Desert Hot Springs, CA | 2.0 | 2.0 | 720 | $2,200 | $3.06 | 45d | 1 | 0.92mi |
| 15935 Mary Cir Desert Hot Springs, CA | 1.0 | 1.0 | 550 | $1,350 | $2.45 | 19d | 1 | 1.29mi |
Listing history 24 events
-
2026-06-21days on market $55,500 Active 67 DOM
-
2026-06-18days on market $55,500 Active 64 DOM
-
2026-06-17days on market $55,500 Active 63 DOM
-
2026-06-16days on market $55,500 Active 62 DOM
-
2026-06-15days on market $55,500 Active 61 DOM
-
2026-06-13days on market $55,500 Active 59 DOM
-
2026-06-13days on market $55,500 Active 58 DOM
-
2026-06-09days on market $55,500 Active 55 DOM
-
2026-06-08days on market $55,500 Active 54 DOM
-
2026-06-07days on market $55,500 Active 53 DOM
-
2026-06-04days on market $55,500 Active 50 DOM
-
2026-06-03days on market $55,500 Active 49 DOM
-
2026-06-02days on market $55,500 Active 48 DOM
-
2026-06-01days on market $55,500 Active 47 DOM
-
2026-05-31days on market $55,500 Active 46 DOM
-
2026-04-15$55,500 Active 1367-char remark
Show marketing remark (1367 chars)
This splendid and super clean 2003 Cavco Park model with ~550 sq. ft. features 2 bedrooms, 1 bathroom and a laundry room in the shed. Bring your creative flair and make this well-appointed home your dream getaway with stunning views from the front covered deck of little San Bernadino Mountains where you can enjoy your morning coffee or unmatched sunsets. The California room is currently being utilized as a 2nd bedroom/office. Ample parking for 2 dedicated spots. Located in the luxurious 55+ Caliente Springs Resort which offers amenities that include mineral hot spring pool and spas, state of the art fitness center, 9-hole golf course, pickleball courts, tennis courts, laundry facilities, library, and fun organized community events. Beyond the comfort and amenities of the home itself, residents of Caliente Springs Resort enjoy a vibrant, welcoming atmosphere where neighbors become friends, and every day brings new opportunities for relaxation and recreation. Whether you're seeking peaceful mornings on the deck, social afternoons on the pickleball courts, or quiet evenings at the library, this community is designed to enrich your lifestyle and provide endless possibilities for leisure and connection in a picturesque desert setting. Come make this your new home or getaway place and enjoy this amazing community. Lot is not owned; space rent is $673.
-
2026-04-01historical
-
2025-09-22$55,500 Active
-
2025-01-07historical
-
2024-10-07$55,500 Active
-
2024-04-01historical
-
2024-03-04price $55,500
-
2024-02-10price $59,500
-
2023-12-29$63,500 Active
ⓘ 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 3/10 Moderate
- Heat 8/10 Severe 4 d/yr ≥109°F today · 12 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $21,529
- − Mortgage interest
- −$3,109
- − Property taxes
- −$832
- − Insurance
- −$1,780
- − Repairs & maintenance
- −$1,722
- − Management
- −$1,722
- − Depreciation
- −$1,615
- Taxable income
- $10,748
- Est. tax owed @ 24.0%
- −$2,580
- After-tax cash flow
- $8,323/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
This well-maintained 2003 Cavco Park model mobile home offers a good condition with potential for cosmetic updates to the kitchen and exterior to boost its resale and rental value.
Repairs flagged
- Minor kitchen cabinets — slight wear
- Minor kitchen countertops — dated design
Value-add opportunities
- Both update kitchen cabinets and countertops — enhances both resale and rental appeal
- Both paint exterior — improves curb appeal and resale value
- Both landscaping — enhances curb appeal and rental appeal
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| kitchen cabinets · slight wear | Minor | $500–3,000 |
| kitchen countertops · dated design | Minor | $500–3,000 |
| Total estimated repair cost · 2 items | $1,000–6,000 |
Value-add ROI direction
- Both update kitchen cabinets and countertops — enhances both resale and rental appeal ↑
- Both paint exterior — improves curb appeal and resale value ↑
- Both landscaping — enhances curb appeal and rental appeal ↑
ⓘ 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
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 |
|
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| Financial Services | 3 | $174B |
|
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
|
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
-12.6% since first listed9 events — show timeline
- 2026-04-15 Listed $55,500 GPSMLS
- 2026-04-01 Listing Removed — GPSMLS
- 2025-09-22 Listed $55,500 GPSMLS
- 2025-01-07 Listing Removed — GPSMLS
- 2024-10-07 Listed $55,500 GPSMLS
- 2024-04-01 Listing Removed — GPSMLS
- 2024-03-04 Price Changed $55,500 GPSMLS
- 2024-02-10 Price Changed $59,500 GPSMLS
- 2023-12-29 Listed $63,500 GPSMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…