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70200 Dillon Rd #134
B+ Composite 77.33
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • 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

$69,900

70200 Dillon Rd #134 · Desert Edge, CA 92241
2 bd · 1.0 ba · 800 sqft · Manufactured · 21 Days on market
Built 2022 Good condition Est $85k · 18% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Location is everything! This 2022 Cavco Park Model offers approximately 800 sq. ft. , featuring 2 bedrooms (one with a king-sized bed and walk-in closet), 1 bathroom, washer/dryer, and a beautifully designed living area. Enjoy relaxing on the front porch with views of the golf course's 2nd hole, nearby ponds, and the stunning Mt. San Jacinto backdrop. The home also includes a second guest room with a private entrance, carport, dishwasher, and hardwood floors throughout. Whether you're looking for a vacation retreat or a full-time residence, this property is located in the premier 55+ Caliente Springs Resort. Enjoy numerous amenities such as mineral spring-fed pools and spas, 8 pickleball co

Key facts

  • Pickleball courts
  • Front porch
  • Tennis courts

Tags

FRONT PORCHGOLF COURSE VIEWSPRIVATE ENTRANCEMINERAL SPRING-FED POOLSPICKLEBALL COURTSTENNIS COURTS

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 manufactured listed at $70k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $870 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $70k).
  • Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
  • Cap rate 23.4% 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: 216 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $483 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 $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 21 days — a 2% lower offer ($69k) 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 $68,851 (1.5% below list)

Questions for the listing agent

  1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  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
2.68%
Cap rate
23.38%
Cash-on-cash
61.04%
DSCR
3.72
GRM
3.1

CMA / ARV

ARV (on-the-fly)
$84,800
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
70200 Dillon Rd #102 0.00mi 2/1.5 800 (0%) 0mo $72,000 $90 98
70200 Dillon Rd #550 0.00mi 2/2.0 800 (0%) 1mo $122,000 $153 95
70200 Dillon Rd #664 0.16mi 2/1.5 800 (0%) 3mo $95,000 $119 88
70200 Dillon Rd #376 0.11mi 1/1.0 (-1) 800 (0%) 3mo $60,000 $75 88
70200 Dillon Rd #437 0.16mi 1/1.0 (-1) 780 (-2%) 1mo $65,000 $83 82
70200 Dillon Rd #536 0.11mi 2/1.5 750 (-6%) 1mo $90,000 $120 82
70200 Dillon Rd #569 0.11mi 1/1.0 (-1) 700 (-12%) 4mo $74,000 $106 66
70200 Dillon Rd #436 0.17mi 2/1.0 700 (-12%) 7mo $98,000 $140 66
70200 Dillon Rd #157 0.11mi 1/1.0 (-1) 700 (-12%) 6mo $54,800 $78 64
17625 Langlois #105 0.55mi 2/2.0 840 (+5%) 1mo $55,000 $65 62
17555-2 Corkill Rd #28 0.54mi 2/2.0 880 (+10%) 3mo $99,990 $114 51
17625 Langlois #9 0.55mi 2/1.0 700 (-12%) 3mo $15,000 $21 51

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
51.5%
Equity multiple
3.26×
Total profit
$44,212
Equity at exit
$10,422
10-year hold
IRR
56.9%
Equity multiple
6.64×
Total profit
$110,307
Equity at exit
$6,044

Cash invested: $19,572 (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
3.1×

Monthly cashflow live

Estimated rent
$1,872 high interval (Pro) →
Mortgage (P&I)
$367
Tax est. 1.5%
$87 /mo · $1,048/yr
Insurance
$29
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$0
Vacancy / Maint / Mgmt
$393
Net cashflow
$870

Break-even live

Break-even rent $770
Max offer price $69,900
Occupancy floor 48%

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
$17,475
Closing costs
$2,097
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 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
70875 Dillon Rd Desert Hot Springs, CA 2.0 2.0 720 $2,200 $3.06 44d 1 0.80mi
69360 Poolside Dr Desert Hot Springs, CA 3.0 2.0 648 $1,800 $2.78 2d 1 0.82mi
18070 Langlois Rd #257 Desert Hot Springs, CA 2.0 2.0 1056 $1,850 $1.75 44d 1 0.95mi
18070 Langlois Rd Dsrt Hot Spgs, CA 2.0 2.0 950 $1,850 $1.95 24d 1 0.95mi
15935 Mary Cir Desert Hot Springs, CA 1.0 1.0 550 $1,350 $2.45 18d 1 1.37mi

Listing history 2 events

  1. 2026-04-04
    status Pending
  2. 2026-03-11
    listed $69,900 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 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
$22,460
− Mortgage interest
−$3,915
− Property taxes
−$1,048
− Insurance
−$1,852
− Repairs & maintenance
−$1,797
− Management
−$1,797
− Depreciation
−$2,033
Taxable income
$10,017
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,404
After-tax cash flow
$8,040/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 75/100 Cosmetic rehab

This 2022 Cavco Park Model is in good condition with a good condition score of 75. It offers a well-maintained exterior, interior, and landscaping. The home is move-in ready with minor cosmetic updates that would significantly increase its resale and rental value.

Value-add opportunities

  • Both Paint exterior siding — Enhances curb appeal and value
  • Both Replace worn-out carpet — Improves comfort and aesthetics
  • Resale Upgrade kitchen appliances — Modernizes the kitchen and appeals to buyers
  • Both Install smart home features — Enhances convenience and marketability

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior siding — Enhances curb appeal and value
  • Both Replace worn-out carpet — Improves comfort and aesthetics
  • Resale Upgrade kitchen appliances — Modernizes the kitchen and appeals to buyers
  • Both Install smart home features — Enhances convenience and marketability

ⓘ 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

2 events — show timeline
  • 2026-04-04 Pending GPSMLS
  • 2026-03-11 Listed $69,900 GPSMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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