67346 Mission Ct · Cathedral City, CA 92234

$599,999

4 bd · 3.0 ba · 1,768 sqft · SingleFamily · 58 Days on market

Built 1961 8,276 sqft lot $339/sqft · 54% above area

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Why this score? — see what drove the D 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 +14.1/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• Rent growth +3.3/5.0
• Livability +3.3/5.0
• 1% rule +2.8/10.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

PRICE IMPROVEMENT! Welcome to this beautifully upgraded Cathedral City property featuring a 3-bedroom, 2-bath main home plus a private ADU—an exceptional opportunity for both homeowners and investors. The front house offers a spacious, open-concept layout with brand new white shaker cabinetry, sleek quartz countertops, and a kitchen that flows effortlessly into the family room—perfect for modern living and entertaining. Wood tile flooring runs throughout the home, complemented by fresh interior paint, new windows, and a newer HVAC system for year-round comfort. Both bathrooms have been tastefully renovated with modern vanities and stunning walk-in tiled showers, creating a clean

Key facts

• 8,276 sq ft lot
• 2 parking spots
• Pool

Property features AI

Finance

• Other: Two total units on the parcel
• HOA & community: Street lighting; Nearby park

Exterior

• Parking: Attached carport with 2 carport spaces; Concrete driveway with circular drive; Driveway parking (total 2 parking spaces)
• Security: Smoke detector(s); Carbon monoxide detector(s)
• Utilities: Public sewer; District/public water; Natural gas connected; Electricity connected; Sewer connected; Water connected
• Home design: Single-story house; One-level entry (entry at front door); Property includes an ADU (1 accessory dwelling unit); No common walls
• Construction: Composition/shingle roof
• Exterior features: Private, filtered in-ground heated spa; Private pool; Block wall fencing; Guest house attached; No landscaping; Front yard; Level with street lot; Paved road access

Interior

• Kitchen: Kitchen open to family room; Remodeled kitchen with quartz counters; Self-closing cabinet doors and drawers; Gas oven; Water line to refrigerator; Water heater unit
• Bedrooms: Four main-level bedrooms; Main floor primary bedroom; All bedrooms on ground level
• Flooring: Wood flooring; Laminate flooring
• Bathrooms: Three full bathrooms on the main level; Master bath with double sinks; Bathtub and shower-in-tub; Low-flow toilets and low-flow shower fixtures; Remodeled bathrooms with quartz counters
• Heating & cooling: Central cooling; Central furnace heating
• Interior features: Quartz counters throughout; Block walls; Ceiling fans; Recessed lighting; Open floor plan; Double pane windows; Smoke and carbon monoxide detectors; Turnkey condition
• Laundry & utility: Separate laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $600k.

Deal economics

• At list price, monthly cash flow is $87 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $470k (21.6% below list).
• Recommended offer: $470k (21.6% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 5.1% in Cathedral City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 66/100 on livability (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, amenities D-, cost of living F.
• 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.
• Zoned schools: Agua Caliente Elementary (626 students, 97% FRL); James Workman Middle (1,028 students, 99% FRL); Cathedral City High (math 25% / reading 61%, grade F, #460 of 1,170 statewide, top 40%, 1,395 students, 98% FRL) — zoned schools average 98% FRL vs 73% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.2%/yr); 529 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 74% 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).
• At $4,705/mo this rent would consume 77% of the median local household income ($74k/yr) (locally 1682% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $18k 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.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($582k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $76k; list at $600k implies a 695% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $470,481 (21.6% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — 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. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.78% ✗
• Cap rate: 6.47%
• Cash-on-cash: 0.62%
• DSCR: 1.03
• GRM: 10.6

CMA / ARV

• ARV (median comp): $389,259
• List price: $599,999
• Delta: 54.14%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
67860 Via Seguro	0.50mi	3/2.5 (-1)	1,851 (+5%)	5mo	$630,000	$340	57
67897 Pamela Ln	0.74mi	3/3.0 (-1)	1,734 (-2%)	2mo	$640,000	$369	56
29709 W Laguna	0.74mi	3/3.0 (-1)	1,825 (+3%)	0mo	$589,000	$323	55
67795 Via Seguro	0.45mi	3/2.0 (-1)	1,636 (-8%)	6mo	$525,000	$321	52
30330 Keith Ave	0.64mi	3/2.0 (-1)	1,838 (+4%)	4mo	$597,000	$325	51
31185 Calle Agate	0.52mi	3/2.5 (-1)	1,851 (+5%)	12mo	$710,000	$384	50
30124 San Joaquin Dr	0.71mi	4/2.5	1,709 (-3%)	12mo	$550,000	$322	49
30076 San Joaquin Dr	0.73mi	4/2.5	1,709 (-3%)	11mo	$550,000	$322	49
67925 Vega Rd	0.61mi	3/2.0 (-1)	1,971 (+12%)	3mo	$584,000	$296	41
68095 Alcita Rd	0.70mi	4/2.0	1,980 (+12%)	4mo	$605,000	$306	40
67891 Jane Ln	0.71mi	3/2.0 (-1)	1,990 (+13%)	0mo	$615,000	$309	37
30320 Travis Ave	0.73mi	3/2.0 (-1)	1,523 (-14%)	2mo	$490,000	$322	32

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 · 3.22% rent growth · sell at horizon

5-year hold

• IRR: -15.1%
• Equity multiple: 0.46×
• Total profit: $-90,905
• Equity at exit: $89,462

10-year hold

• IRR: -6.3%
• Equity multiple: 0.59×
• Total profit: $-68,744
• Equity at exit: $51,877

Cash invested: $168,000 (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.

Methodology + full state rankings →

ZIP-level market 92234

• Home prices YoY: -27.7%
• Rents YoY: 3.2%
• Active inventory: 529
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $4,705 high
• Mortgage (P&I): −$3,146
• Tax from tax record: −$234 /mo · $2,803/yr
• Insurance: −$250
• HOA: −$0
• Vacancy / Maint / Mgmt: −$988
• Net cashflow: $87

Break-even live

Break-even rent $4,595

Max offer price $599,999

Occupancy floor 93%

Sensitivity live

Price	-10% $426	-5% $257	+0% $87	+5% $-83	+10% $-253
Rent	-10% $-285	-5% $-99	+0% $87	+5% $273	+10% $458
Rate	-1.0pp $389	-0.5pp $239	base $87	+0.5pp $-69	+1.0pp $-227

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: $150,000
• Closing costs: $18,000
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
68145 Alcita Rd Cathedral City, CA	3.0	2.0	1347	$2,600	$1.93	7d	1	0.78mi
31325 Avenida La Gaviota Cathedral City, CA	4.0	2.0	1906	$3,900	$2.05	45d	1	0.78mi
29581 W Laguna Dr Cathedral City, CA	3.0	3.0	1825	$6,000	$3.29	45d	1	0.79mi
67613 Cielo Ct Cathedral City, CA	3.0	2.5	1825	$6,500	$3.56	45d	1	0.81mi
67857 30th Ave Cathedral City, CA	3.0	2.0	1523	$3,500	$2.30	16d	1	0.82mi
29488 W Laguna Dr Cathedral City, CA	3.0	3.0	1604	$5,500	$3.43	45d	1	0.83mi
31115 Whispering Palms Trl Cathedral City, CA	3.0	2.0	1870	$3,800	$2.03	45d	1	0.84mi
68145 Vega Rd Cathedral City, CA	4.0	3.0	1743	$6,500	$3.73	45d	1	0.85mi
4373 E Camino Parocela Palm Springs, CA	3.0	2.0	1375	$3,450	$2.51	7d	1	0.88mi
68160 Modalo Rd Unit 68160 Cathedral City, CA	4.0	3.0	1735	$2,999	$1.73	16d	1	0.90mi
29777 Sandy Ct Cathedral City, CA	3.0	3.0	1841	$5,000	$2.72	45d	1	0.92mi
67568 S Laguna Dr Cathedral City, CA	3.0	2.5	1825	$7,000	$3.84	26d	1	0.94mi
31121 Avenida El Mundo Cathedral City, CA	3.0	2.0	1302	$3,000	$2.30	45d	1	0.95mi
29756 Sandy Ct Cathedral City, CA	3.0	3.0	1732	$4,900	$2.83	45d	1	0.96mi
29576 Sandy Ct Cathedral City, CA	3.0	2.0	1503	$5,000	$3.33	45d	1	1.02mi
68315 Modalo Rd Cathedral City, CA	4.0	3.0	1743	$6,500	$3.73	45d	1	1.05mi
4415 Vantage Ln Palm Springs, CA	3.0	2.5	1940	$5,500	$2.84	45d	1	1.08mi
29500 Landau Blvd Unit B Cathedral City, CA	3.0	3.0	1800	$1,300	$0.72	1d	1	1.08mi
67595 Lagos Way Cathedral City, CA	3.0	3.0	1285	$3,500	$2.72	45d	1	1.10mi
32771 Whispering Palms Trl Cathedral City, CA	4.0	2.0	1600	$2,900	$1.81	45d	1	1.11mi
67361 N Laguna Dr Cathedral City, CA	3.0	2.5	1870	$6,000	$3.21	45d	1	1.13mi
67665 Lagos Way Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	1.13mi
28859 Desert Princess Dr Cathedral City, CA	3.0	2.0	1285	$3,700	$2.88	45d	1	1.19mi
68347 Descanso Cir Cathedral City, CA	3.0	2.0	2017	$3,700	$1.83	45d	1	1.20mi
929 Bernardi Ln Palm Springs, CA	3.0	2.5	2579	$6,000	$2.33	45d	1	1.21mi
939 Bernardi Ln Palm Springs, CA	3.0	2.5	2517	$13,000	$5.16	23d	1	1.22mi
67296 Lakota Ct Cathedral City, CA	3.0	2.5	1860	$6,300	$3.39	45d	1	1.24mi
68412 Descanso Cir Cathedral City, CA	3.0	2.0	1871	$3,200	$1.71	15d	1	1.28mi
68125 Alva Ct Cathedral City, CA	3.0	2.0	1544	$3,200	$2.07	45d	1	1.29mi
67385 Zuni Ct Cathedral City, CA	3.0	3.0	2101	$7,000	$3.33	45d	1	1.30mi
33411 Shifting Sands Trl Cathedral City, CA	4.0	2.0	1945	$3,350	$1.72	45d	1	1.31mi
30925 Avenida Juarez Cathedral City, CA	3.0	2.0	1905	$3,600	$1.89	45d	1	1.32mi
67372 Zuni Ct Cathedral City, CA	3.0	3.5	2101	$7,000	$3.33	45d	1	1.33mi
30375 Avenida Alvera Cathedral City, CA	3.0	2.0	1665	$3,500	$2.10	45d	1	1.33mi
28827 Isleta Ct Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	1.33mi
68245 Marina Rd Cathedral City, CA	4.0	3.0	2354	$3,000	$1.27	23d	1	1.36mi
622 S Highland Dr Palm Springs, CA	3.0	3.0	1523	$6,000	$3.94	45d	1	1.40mi
30125 Avenida Juarez Unit 30125 Cathedral City, CA	4.0	3.0	1735	$2,999	$1.73	16d	1	1.42mi
67232 S Chimayo Dr Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	1.45mi

Listing history 18 events

1. 2026-06-21
   days on market $599,999 Active 58 DOM
2. 2026-06-18
   days on market $599,999 Active 55 DOM
3. 2026-06-17
   days on market $599,999 Active 54 DOM
4. 2026-06-16
   days on market $599,999 Active 53 DOM
5. 2026-06-15
   days on market $599,999 Active 52 DOM
6. 2026-06-13
   days on market $599,999 Active 50 DOM
7. 2026-06-13
   pricedays on market $599,999 Active 49 DOM
8. 2026-06-09
   days on market $650,000 Active 46 DOM
9. 2026-06-08
   days on market $650,000 Active 45 DOM
10. 2026-06-07
    days on market $650,000 Active 44 DOM
11. 2026-06-04
    days on market $650,000 Active 41 DOM
12. 2026-06-03
    days on market $650,000 Active 40 DOM
13. 2026-06-02
    days on market $650,000 Active 39 DOM
14. 2026-06-01
    days on market $650,000 Active 38 DOM
15. 2026-05-31
    days on market $650,000 Active 37 DOM
16. 2026-04-24
    listed $699,999 Active 1874-char remark
17. 1989-12-18
    soldstatus $75,500
18. 1978-08-01
    soldstatus $40,000

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

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $2,803 · $234/mo
• Projected year-2 tax: $4,560 · $380/mo
• Expected delta: +$1,757/yr (+$146/mo · 62.7%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X · 14% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°F today · 20 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

Taxation est. · year 1

• Rental income: $56,458
• − Mortgage interest: −$33,609
• − Property taxes: −$2,803
• − Insurance: −$3,000
• − Repairs & maintenance: −$4,517
• − Management: −$4,517
• − Depreciation: −$17,455
• Taxable loss: −$9,443
• Est. tax savings @ 24.0%: +$2,266
• After-tax cash flow: $3,307/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: 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 — Cathedral City

• Score: 66/100
• State rank: #344
• US rank: #11749

Category grades

Amenities D- Commute A+ Cost of living F Crime B- Employment D+ Housing B+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cathedral City, CA
• County: Riverside County · 2,287,001 people
• City population: 52,267
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 52,267
• Household income: $73,572
• Rent vs Own: 33.5% rent · 66.5% own
• Severe rent burden: 1682.0

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

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Hispanic / Latino 59% White 30% Two or more races 27% Asian 6% Native American 2% Black 2%
• Hispanic origin (detail): Mexican 51%
• Common ancestry: Lithuanian 2% Romanian 1% Italian 1%
• Foreign-born: 28% · Canada, Vietnam
• Languages at home: 48% English-only · Spanish 46% Tagalog/Filipino 3% Other Asian/Pacific 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: ▼ -136.57%
• Current HPI: 356.9845
• Rent YoY: ▲ 3.22%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+1400.0% since first listed

5 events — show timeline

• 2026-06-12 Price Changed $599,999 CRMLS
• 2026-05-22 Price Changed $650,000 CRMLS
• 2026-04-24 Listed $699,999 CRMLS
• 1989-12-18 Sold (Public Records) $75,500 Public Records
• 1978-08-01 Sold (Public Records) $40,000 Public Records

Property tax history

+1.4%/yr

Latest (2025): $2,803 · -0.8% YoY. Source: county tax records.