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2015 6th Ave Unit 221B
C+ Composite 61.7
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
  • Schools +4.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$75,000

2015 6th Ave Unit 221B · Clarkston Heights-Vineland, WA 99403
2 bd · 2.0 ba · 924 sqft · Manufactured · 4 Days on market
Built 1978 Est $59k · 27% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Enjoy easy, affordable living in this charming and well-maintained 2-bedroom, 2-bath manufactured home located in the desirable 55+ Sonary Crest community in Clarkston, WA! Built in 1978, this home offers comfort, convenience, and accessibility with a wheelchair ramp and grab bars throughout. The spacious layout features two full bathrooms and comfortable living spaces designed for everyday enjoyment. Outside, you'll find covered carport parking, a large storage shed for extra space, and an expansive grassy area that enhances the lot's outdoor appeal. Residents of Sonary Crest also enjoy access to the community pool and club house. Water, sewer, and garbage services are included in the lot

Key facts

  • Community pool
  • Wheelchair ramp
  • Grab bars

Tags

WHEELCHAIR RAMPGRAB BARSCOVERED CARPORT PARKINGLARGE STORAGE SHEDEXPANSIVE GRASSY AREACOMMUNITY POOL

Property features AI

Finance

  • HOA & community: Community pool; Senior community (55+)

Exterior

  • Parking: 2 covered parking spaces (carport); 2-car carport
  • Utilities: City water service; Septic tank sewer
  • Home design: Mobile/manufactured home on a rented lot; Built in 1978; Located in an over-55 mobile home park community
  • Construction: Asbestos construction material
  • Exterior features: Covered patio/deck; Storage shed; Sidewalks; Automatic sprinkler system; Drip sprinkler system; Paved road access

Interior

  • Kitchen: Dishwasher; Disposal; Freestanding oven/range
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Carpet
  • Bathrooms: 2 bathrooms
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning
  • Interior features: Bath in master bedroom; Bathroom grab bars; Accessible approach with ramp
  • Laundry & utility: Electric water heater

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 2-bed/2.0-bath manufactured listed at $75k.

Deal economics

  • At list price, monthly cash flow is $486 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $75k).
  • Cap rate 14.1% vs local median 1.4% in Clarkston Heights-Vineland — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
  • Clarkston School District (suburban): math 38% / reading 57% proficiency, ranked #172 of 291 in WA (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Heights Elementary (361 students, 45% FRL).
  • Market conditions: 249 active listings in the ZIP; 101 units permitted in Asotin County in 2024 (72 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Asotin County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
Recommended offer $75,000

Questions for the listing agent

  1. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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.
  4. 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.
  5. 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
1.64%
Cap rate
14.06%
Cash-on-cash
27.75%
DSCR
2.23
GRM
5.1

CMA / ARV

ARV (on-the-fly)
$59,136
Comps found
5
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2015 6th Ave Unit 310C 0.00mi 2/2.0 924 (0%) 9mo $59,000 $64 93
2015 6th Ave #319 0.00mi 3/2.0 (+1) 980 (+6%) 4mo $69,500 $71 82
2115 6th Ave #54 0.11mi 2/2.0 900 (-3%) 20mo $149,900 $167 74
2015 6th Ave 126a Unit 126A 0.00mi 3/2.0 (+1) 910 (-2%) 24mo $39,900 $44 73
2515 Appleside Blvd #2 0.44mi 3/2.0 (+1) 960 (+4%) 12mo $55,000 $57 58

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
21.8%
Equity multiple
1.89×
Total profit
$18,773
Equity at exit
$11,183
10-year hold
IRR
29.9%
Equity multiple
3.67×
Total profit
$56,167
Equity at exit
$6,485

Cash invested: $21,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Washington
28 Tenant-Leaning · D+8
County
— inherits STATE
City
— inherits STATE
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

ZIP-level market 99403

Active inventory
249
Price-to-rent
5.1×

Monthly cashflow live

Estimated rent
$1,230 medium interval (Pro) →
Mortgage (P&I)
$393
Tax from tax record
$61 /mo · $736/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$258
Net cashflow
$486

Break-even live

Break-even rent $615
Max offer price $75,000
Occupancy floor 56%

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
$18,750
Closing costs
$2,250
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 5 events

  1. 2026-06-19
    days on market $75,000 Active 4 DOM
  2. 2026-06-18
    days on market $75,000 Active 3 DOM
  3. 2026-06-17
    days on market $75,000 Active 2 DOM
  4. 2026-06-16
    remarks 699-char remark
  5. 2026-06-16
    listed $75,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast WA · Resets to sale price

Current annual tax
$736 · $61/mo
Projected year-2 tax
$736 · $61/mo
Expected delta
$0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 4/10 Moderate 6 d/yr ≥100°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 8/10 Severe 12 unhealthy d/yr today · 17 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
$14,756
− Mortgage interest
−$4,201
− Property taxes
−$736
− Insurance
−$375
− Repairs & maintenance
−$1,181
− Management
−$1,181
− Depreciation
−$2,182
Taxable income
$4,902
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,176
After-tax cash flow
$4,651/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
Clarkston School District
NCES district ID
5301320
Math proficiency
38% ▼ -4.00%
Reading proficiency
57% ▲ 1.00%
Median HH income
$42,030
Composite
42.03/100
National rank
#7065
State rank
#172 of 291 in WA

Livability — Clarkston Heights-Vineland

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Clarkston Heights-Vineland, WA
Population (ZIP)
20,483

Population outlook (Asotin County) Hauer SSP2

Today (2025)
22,623 people
By 2030
22,746 · +0.5%
By 2040
22,597 · -0.1%
By 2050
21,947 · -3.0%
By 2075
19,478 · -13.9%
By 2100
16,206 · -28.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Two or more races 6% Hispanic / Latino 5% Native American 1% Asian 1%
Common ancestry
Portuguese 3% Lithuanian 2% Slovak 2%
Foreign-born
2% · Canada
Languages at home
97% English-only · Spanish 2% Tagalog/Filipino 1%

Political lean MEDSL · Asotin

2024 margin
Strong R (+25.6) · D 35.8% · R 61.5% · Other 2.7%
2008→2024 swing
-12.2pp toward R · 2008: -13.4pp · 2024: -25.6pp
All cycles
2024: R+25.6 2020: R+25.7 2016: R+26.8 2012: R+16.7 2008: R+13.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -346.91%
Current HPI
173.3027
Rent YoY
Metro
State GDP YoY
▲ 4.65%
F500 in state
22

Industry mix (Fortune 500 HQ in WA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-06-15 Listed $75,000 IMLS

Property tax history

+36.4%/yr

Latest (2025): $736 · +884.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…