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70200 Dillon Rd #452
B- Composite 69.51
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
  • DSCR +10.0/10.0
  • 1% rule +9.4/10.0
  • ARV discount +7.5/15.0
  • 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

$89,900

70200 Dillon Rd #452 · Desert Edge, CA 92241
1 bd · 1.0 ba · 400 sqft · Manufactured · 611 Days on market
Built 2024 Good condition $225/sqft · 100% above area

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

Listing remarks MLS

This Classic Casita getaway #452 is a brand new home that overlooks Mt. San Jacinto and Mt. Gorgonio. You'll get a first-row seat to each sunset! This getaway features a galley kitchen with upgraded stainless steel appliances, white cabinets, a large bathroom and wood-mimicking flooring. Notice the gold faucet, grey backsplash, solid countertops, and ceiling fans in the living room and bedroom! This home is super unique! Home Features: -One Bed, One Bath -Upgraded stainless steel appliances -Mountain views -Large kitchen -Large Living Room windows Want to take a tour or buy this home? Let us know! Enjoy being part of a community that focuses on health and makes having fun a priority!

Key facts

  • Large kitchen
  • Mountain views
  • Built 2024

Tags

MOUNTAIN VIEWSLARGE KITCHENLARGE LIVING ROOM WINDOWS

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 $90k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $279 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $90k).
  • Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.7% vs local median 14.8% in Desert Edge — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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; 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 $622 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 611 days — a 12% lower offer ($79k) 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 $79,112 (12.0% below list)

Questions for the listing agent

  1. It's been on market 611 days. Have you received any prior offers? Is the seller open to a 12% 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
1.44%
Cap rate
11.68%
Cash-on-cash
19.25%
DSCR
1.86
GRM
5.8

CMA / ARV

ARV (median comp)
$45,000
List price
$89,900
Delta
99.78%
Verdict
OVERPRICED
Comps
12 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 #2 0.00mi 1/1.0 400 (0%) 3mo $50,000 $125 98
70200 Dillon Rd #190 0.00mi 1/1.0 400 (0%) 5mo $40,000 $100 96
70200 Dillon Rd #28 0.00mi 1/1.0 400 (0%) 10mo $38,000 $95 92
70200 Dillon Rd #192 0.11mi 1/1.0 400 (0%) 4mo $43,000 $108 92
70200 Dillon Rd #585 0.06mi 1/1.0 400 (0%) 7mo $58,000 $145 92
70200 Dillon Rd #515 0.00mi 1/1.0 400 (0%) 14mo $45,000 $113 88
70200 Dillon Rd #393 0.27mi 1/1.0 400 (0%) 1mo $26,500 $66 86
70200 Dillon Rd #25 0.27mi 1/1.0 400 (0%) 2mo $32,500 $81 86
70200 Dillon Rd #402 0.27mi 1/1.0 400 (0%) 3mo $95,000 $238 85
70200 Dillon Rd #425 0.27mi 1/1.0 400 (0%) 4mo $47,000 $118 84
70201 Aurora Rd #149 0.33mi 1/1.0 399 (-0%) 3mo $54,000 $135 81
17405 Corkill Rd #22 0.40mi 1/1.0 432 (+8%) 4mo $65,000 $150 65

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
3.4%
Equity multiple
1.13×
Total profit
$3,275
Equity at exit
$13,404
10-year hold
IRR
13.0%
Equity multiple
2.04×
Total profit
$26,095
Equity at exit
$7,773

Cash invested: $25,172 (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 92241

Home prices YoY
-22.8%
Active inventory
216
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$1,298 medium interval (Pro) →
Mortgage (P&I)
$471
Tax est. 1.5%
$112 /mo · $1,348/yr
Insurance
$37
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$0
Vacancy / Maint / Mgmt
$273
Net cashflow
$279

Break-even live

Break-even rent $945
Max offer price $89,900
Occupancy floor 74%

Sensitivity live

Price -10% $341 -5% $310 +0% $279 +5% $248 +10% $217
Rent -10% $176 -5% $227 +0% $279 +5% $330 +10% $381
Rate -1.0pp $324 -0.5pp $301 base $279 +0.5pp $255 +1.0pp $232

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
$22,475
Closing costs
$2,697
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 17 events

  1. 2026-06-18
    days on market $89,900 Active 611 DOM
  2. 2026-06-17
    days on market $89,900 Active 610 DOM
  3. 2026-06-16
    days on market $89,900 Active 609 DOM
  4. 2026-06-15
    days on market $89,900 Active 608 DOM
  5. 2026-06-13
    days on market $89,900 Active 606 DOM
  6. 2026-06-13
    days on market $89,900 Active 605 DOM
  7. 2026-06-09
    days on market $89,900 Active 602 DOM
  8. 2026-06-08
    days on market $89,900 Active 601 DOM
  9. 2026-06-07
    days on market $89,900 Active 600 DOM
  10. 2026-06-04
    days on market $89,900 Active 597 DOM
  11. 2026-06-03
    days on market $89,900 Active 596 DOM
  12. 2026-06-02
    days on market $89,900 Active 595 DOM
  13. 2026-06-01
    days on market $89,900 Active 594 DOM
  14. 2026-05-31
    days on market $89,900 Active 593 DOM
  15. 2026-05-12
    price $94,900 695-char remark
    Show marketing remark (695 chars)

    This Classic Casita getaway #452 is a brand new home that overlooks Mt. San Jacinto and Mt. Gorgonio. You'll get a first-row seat to each sunset! This getaway features a galley kitchen with upgraded stainless steel appliances, white cabinets, a large bathroom and wood-mimicking flooring. Notice the gold faucet, grey backsplash, solid countertops, and ceiling fans in the living room and bedroom! This home is super unique! Home Features: -One Bed, One Bath -Upgraded stainless steel appliances -Mountain views -Large kitchen -Large Living Room windows Want to take a tour or buy this home? Let us know! Enjoy being part of a community that focuses on health and makes having fun a priority!

  16. 2024-10-19
    price $99,900 695-char remark
    Show marketing remark (695 chars)

    This Classic Casita getaway #452 is a brand new home that overlooks Mt. San Jacinto and Mt. Gorgonio. You'll get a first-row seat to each sunset! This getaway features a galley kitchen with upgraded stainless steel appliances, white cabinets, a large bathroom and wood-mimicking flooring. Notice the gold faucet, grey backsplash, solid countertops, and ceiling fans in the living room and bedroom! This home is super unique! Home Features: -One Bed, One Bath -Upgraded stainless steel appliances -Mountain views -Large kitchen -Large Living Room windows Want to take a tour or buy this home? Let us know! Enjoy being part of a community that focuses on health and makes having fun a priority!

  17. 2024-10-15
    listed $82,900 Active 695-char remark
    Show marketing remark (695 chars)

    This Classic Casita getaway #452 is a brand new home that overlooks Mt. San Jacinto and Mt. Gorgonio. You'll get a first-row seat to each sunset! This getaway features a galley kitchen with upgraded stainless steel appliances, white cabinets, a large bathroom and wood-mimicking flooring. Notice the gold faucet, grey backsplash, solid countertops, and ceiling fans in the living room and bedroom! This home is super unique! Home Features: -One Bed, One Bath -Upgraded stainless steel appliances -Mountain views -Large kitchen -Large Living Room windows Want to take a tour or buy this home? Let us know! Enjoy being part of a community that focuses on health and makes having fun a priority!

ⓘ 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$15,571
− Mortgage interest
−$5,036
− Property taxes
−$1,348
− Insurance
−$1,952
− Repairs & maintenance
−$1,246
− Management
−$1,246
− Depreciation
−$2,615
Taxable income
$2,128
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$511
After-tax cash flow
$2,833/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 manufactured home is in good condition with a good condition score of 80. It has a cosmetic rehab level and is move-in ready with minimal repairs needed.

Value-add opportunities

  • Both Painting exterior siding — Enhances curb appeal and value
  • Both Landscaping improvements — Enhances curb appeal and value
  • Both Upgrade to modern lighting fixtures — Enhances curb appeal and value

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting exterior siding — Enhances curb appeal and value
  • Both Landscaping improvements — Enhances curb appeal and value
  • Both Upgrade to modern lighting fixtures — Enhances curb appeal and 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

Price history

+14.5% since first listed
3 events — show timeline
  • 2026-05-12 Price Changed $94,900 Zillow
  • 2024-10-19 Price Changed $99,900 Zillow
  • 2024-10-15 Listed $82,900 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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