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6601 Eucalyptus
B- Composite 68.93
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 +7.5/15.0
  • Schools +3.4/10.0
  • Rent growth +3.1/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$95,000

6601 Eucalyptus · East Niles, CA 93306
2 bd · 1.0 ba · 744 sqft · Land · 49 Days on market
Built 1971 $128/sqft · 56% above area

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

Listing remarks MLS

Exceptional Corner-Lot Retreat with Unmatched Storage! Discover the perfect blend of privacy and open-concept living in this meticulously maintained split-wing home. The chef-inspired kitchen features a massive island that flows into an oversized dining area—ideal for entertaining. Standout Features: Storage Galore: Walk-in closets in every bedroom, plus a primary suite featuring a rare triple-closet layout. Primary Oasis: Large en-suite with a garden tub, dual vanities, and a separate shower. Secure & Functional: Fully fenced lot with security doors on all entries, a durable storage shed, and bonus parking in the rear. Convenience: Dedicated indoor laundry and bright, airy finishes throughout. This move-in-ready gem offers the space and upgrades you’ve been searching for. Schedule your showing today—this one won’t last!

Key facts

  • Quartz countertops
  • Remodeled kitchen
  • New cabinets

Tags

COMPLETELY UPDATEDREMODELED KITCHENNEW CABINETSQUARTZ COUNTERTOPSPOOLPARK

Property features AI

Finance

  • Other: Lot characteristics include 0-1 unit/acre and 36-40 units/acre density; Directions: 58 Hwy east exit Fairfax Rd, right on Eucalyptus; Coordinates: 35.363611, -118.929672
  • Financial info: Land lease of $900 per month (park)
  • HOA & community: Part of an association; Community offers watersports; Park name: PIONEER PINES MHP; Manager approval required

Exterior

  • Parking: Carport
  • Utilities: Public sewer; District/public water
  • Home design: Single-story mobile home; Mobile home remains on site; Mobile dimensions approximately 12 ft by 62 ft; Living area is estimated
  • Construction: Year built per assessor
  • Exterior features: Community pool (association)

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating (furnace); Central cooling
  • Interior features: Entry at ground level
  • Laundry & utility: Laundry on site; Gas dryer hookup

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/1.0-bath land listed at $95k.

Deal economics

  • At list price, monthly cash flow is $509 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $95k).
  • Recommended offer: $92k (3.0% below list) — sets the bar for market timing.
  • Cap rate 12.7% vs local median 4.4% in East Niles — 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 B — affects rentability + tenant quality, not the cash-flow math above.
  • Kern High (urban): math 21% / reading 51% proficiency, ranked #860 of 1,400 in CA (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+2.2%/yr); 387 active listings in the ZIP; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 2.2% rent growth), your $27k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 49 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 33y 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.
  • Current owner paid $50k; list at $95k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $92,150 (3.0% below list)

Questions for the listing agent

  1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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
1.55%
Cap rate
12.72%
Cash-on-cash
22.96%
DSCR
2.02
GRM
5.4

CMA / ARV

ARV (median comp)
$61,058
List price
$95,000
Delta
55.59%
Verdict
OVERPRICED
Comps
4 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.24% rent growth · sell at horizon

5-year hold
IRR
15.1%
Equity multiple
1.60×
Total profit
$15,924
Equity at exit
$14,165
10-year hold
IRR
23.2%
Equity multiple
2.92×
Total profit
$51,171
Equity at exit
$8,214

Cash invested: $26,600 (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 93306

Rents YoY
2.2%
Active inventory
387
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$1,475 medium interval (Pro) →
Mortgage (P&I)
$498
Tax est. 1.5%
$119 /mo · $1,425/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$310
Net cashflow
$509

Break-even live

Break-even rent $831
Max offer price $95,000
Occupancy floor 60%

Sensitivity live

Price -10% $575 -5% $542 +0% $509 +5% $476 +10% $443
Rent -10% $392 -5% $451 +0% $509 +5% $567 +10% $625
Rate -1.0pp $557 -0.5pp $533 base $509 +0.5pp $484 +1.0pp $459

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
$23,750
Closing costs
$2,850
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 26 events

  1. 2026-06-18
    days on market $95,000 Active 49 DOM
  2. 2026-06-17
    days on market $95,000 Active 48 DOM
  3. 2026-06-16
    days on market $95,000 Active 47 DOM
  4. 2026-06-15
    days on market $95,000 Active 46 DOM
  5. 2026-06-14
    days on market $95,000 Active 44 DOM
  6. 2026-06-10
    days on market $95,000 Active 41 DOM
  7. 2026-06-09
    days on market $95,000 Active 40 DOM
  8. 2026-06-08
    days on market $95,000 Active 39 DOM
  9. 2026-06-07
    days on market $95,000 Active 38 DOM
  10. 2026-06-05
    days on market $95,000 Active 35 DOM
  11. 2026-06-03
    days on market $95,000 Active 34 DOM
  12. 2026-06-03
    days on market $95,000 Active 33 DOM
  13. 2026-06-01
    days on market $95,000 Active 32 DOM
  14. 2026-05-31
    days on market $95,000 Active 31 DOM
  15. 2026-04-30
    listed $95,000 Active 475-char remark
  16. 2026-02-12
    listed $124,000 Active 864-char remark
    Show marketing remark (864 chars)

    Exceptional Corner-Lot Retreat with Unmatched Storage! Discover the perfect blend of privacy and open-concept living in this meticulously maintained split-wing home. The chef-inspired kitchen features a massive island that flows into an oversized dining area—ideal for entertaining. Standout Features: Storage Galore: Walk-in closets in every bedroom, plus a primary suite featuring a rare triple-closet layout. Primary Oasis: Large en-suite with a garden tub, dual vanities, and a separate shower. Secure & Functional: Fully fenced lot with security doors on all entries, a durable storage shed, and bonus parking in the rear. Convenience: Dedicated indoor laundry and bright, airy finishes throughout. This move-in-ready gem offers the space and upgrades you’ve been searching for. Schedule your showing today—this one won’t last!

  17. 2024-06-28
    historical $1,550
  18. 2024-06-25
    listed $1,550
  19. 2024-06-20
    historical $1,550
  20. 2024-06-13
    listed $1,550
  21. 2019-01-02
    soldstatus $50,000
  22. 1993-07-02
    soldstatus $24,500
    Show marketing remark (80 chars)

    Dbl Wd Mh On Manicured Lot. Hm Is 24x64 And In Excel Shape. Onr Wl Crry.

  23. 1993-07-01
    historical
    Show marketing remark (80 chars)

    Dbl Wd Mh On Manicured Lot. Hm Is 24x64 And In Excel Shape. Onr Wl Crry.

  24. 1993-02-10
    listed $24,500
    Show marketing remark (80 chars)

    Dbl Wd Mh On Manicured Lot. Hm Is 24x64 And In Excel Shape. Onr Wl Crry.

  25. 1982-05-12
    soldstatus $26,000
  26. 1981-02-05
    soldstatus $23,000

ⓘ 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 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 34 unhealthy d/yr today · 40 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
$17,703
− Mortgage interest
−$5,321
− Property taxes
−$1,425
− Insurance
−$475
− Repairs & maintenance
−$1,416
− Management
−$1,416
− Depreciation
−$2,764
Taxable income
$4,886
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,173
After-tax cash flow
$4,935/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
Kern High
NCES district ID
0619540
Math proficiency
21% ▬ 0.00%
Reading proficiency
51% ▲ 2.00%
Median HH income
$49,686
Composite
33.68/100
National rank
#10443
State rank
#860 of 1400 in CA

Livability — East Niles

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

Census & demographics

Census place
East Niles, CA
County
Kern County · 710,371 people
Metro
Bakersfield, CA
Population (ZIP)
74,116
Household income
$69,805
Rent vs Own
36.2% rent · 63.8% own
Severe rent burden
2871.0

Population outlook (Kern County) Hauer SSP2

Today (2025)
947,286 people
By 2030
978,984 · +3.3%
By 2040
1,045,018 · +10.3%
By 2050
1,105,232 · +16.7%
By 2075
1,229,538 · +29.8%
By 2100
1,238,059 · +30.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (67%)
Race & ethnicity
Hispanic / Latino 67% White 23% Two or more races 20% Black 3% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 63%
Common ancestry
Italian 2% Slovak 1% Russian 1%
Foreign-born
19% · Canada
Languages at home
50% English-only · Spanish 46% Other Asian/Pacific 1% Arabic 1%

Political lean MEDSL · Kern

2024 margin
Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
2008→2024 swing
-3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
All cycles
2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -323.02%
Current HPI
358.5434
Rent YoY
▲ 2.24%
Metro
Bakersfield, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+313.0% since first listed
12 events — show timeline
  • 2026-04-30 Listed $95,000 CRMLS
  • 2026-02-12 Listed $124,000 CRMLS
  • 2024-06-28 Rental Removed $1,550 Avail
  • 2024-06-25 Listed for Rent $1,550 Avail
  • 2024-06-20 Rental Removed $1,550 Avail
  • 2024-06-13 Listed for Rent $1,550 Avail
  • 2019-01-02 Sold (Public Records) $50,000 Public Records
  • 1993-07-02 Sold (MLS) $24,500 GEMLS
  • 1993-07-01 Delisted GEMLS
  • 1993-02-10 Listed $24,500 GEMLS
  • 1982-05-12 Sold (Public Records) $26,000 Public Records
  • 1981-02-05 Sold (Public Records) $23,000 Public Records

Property tax history

+3.8%/yr

Latest (2018): $138,112 · +3.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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