14881 Palm Dr Unit D7 · Desert Hot Springs, CA 92240

$93,000

3 bd · 2.0 ba · 1,152 sqft · Manufactured · 106 Days on market

Built 1973 Good condition $81/sqft · 57% below area

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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
• Condition / age +3.8/5.0
• Rent growth +3.4/5.0
• Schools +2.7/10.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully situated manufactured home in the heart of Desert Hot Springs, offering comfort, privacy, and stunning desert scenery all in one exceptional package. Tucked away at the rear of the community on a premium corner lot, this property enjoys rare open space on multiple sides—providing added privacy, peaceful surroundings, and unobstructed views. This spacious 3-bedroom, 2 full-bath home features a functional and inviting layout designed for everyday living and entertaining. The interior offers generous living spaces filled with natural light, while the thoughtfully designed floor plan ensures comfort and convenience throughout. For year-round climate control, the home is equipped with central air conditioning, complemented by additional mini-split systems and window units—providing efficient and customizable cooling options during the warm desert months. Outside, you’ll find ample parking space with room to accommodate trailers, RVs, and recreational vehicles—a rare and valuable feature. The utility connections have been recently updated, offering peace of mind and added functionality for today’s needs. Step into the backyard and take in the breathtaking mountain views that define the Desert Hot Springs lifestyle. Conveniently located just off Palm Drive, this property offers easy access to local amenities while maintaining a sense of privacy and retreat. Don’t miss the opportunity to own this well-positioned home with space, versatility, and views in one of the desert’s most desirable communities. Schedule your private showing today and experience the potential for yourself.

Key facts

• Community pool
• Built 1973
• Listed 106 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $93k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $93k).
• Recommended offer: $85k (9.0% below list) — sets the bar for market timing.
• Cap rate 22.1% vs local median 4.0% in Desert Hot Springs — 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 49/100 on livability (#1,149 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing B+; Watch: crime D+, schools F, amenities 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.
• Market conditions: Rents rising (+3.7%/yr); 515 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% 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 $2,360/mo this rent would consume 52% of the median local household income ($54k/yr) (locally 2095% 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 $643 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 + 3.7% rent growth), your $26k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 106 days — a 9% lower offer ($85k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $84,630 (9.0% below list)

Questions for the listing agent

1. It's been on market 106 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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.
8. 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.
9. 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: 2.54% ✓
• Cap rate: 22.05%
• Cash-on-cash: 56.28%
• DSCR: 3.50
• GRM: 3.3

CMA / ARV

• ARV (median comp): $214,283
• List price: $93,000
• Delta: -56.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15300 Palm Dr #42	0.20mi	2/2.0 (-1)	1,178 (+2%)	2mo	$230,000	$195	81
15300 Palm Dr #30	0.16mi	3/2.0	1,248 (+8%)	3mo	$200,000	$160	76
15300 Palm Dr #258	0.26mi	2/2.0 (-1)	1,178 (+2%)	12mo	$222,000	$188	69
14777 Palm Dr #15	0.23mi	2/2.0 (-1)	1,260 (+9%)	3mo	$180,000	$143	67
14777 Palm Dr #85	0.15mi	2/2.0 (-1)	1,260 (+9%)	8mo	$150,000	$119	66
15300 Palm Dr #45	0.23mi	2/2.0 (-1)	1,254 (+9%)	6mo	$170,000	$136	65
15300 Palm Dr #13	0.23mi	2/2.0 (-1)	1,248 (+8%)	7mo	$215,000	$172	65
14777 Palm Dr #146	0.32mi	2/2.0 (-1)	1,070 (-7%)	8mo	$122,000	$114	61
14777 Palm #35	0.25mi	2/2.0 (-1)	1,000 (-13%)	2mo	$90,000	$90	60
15300 Palm Dr #22	0.31mi	2/2.0 (-1)	1,272 (+10%)	5mo	$219,000	$172	59
15300 Palm Dr #138	0.31mi	2/2.0 (-1)	1,323 (+15%)	3mo	$237,000	$179	53
15300 Palm Dr #154	0.29mi	2/2.0 (-1)	1,323 (+15%)	11mo	$210,000	$159	48

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 · 3.66% rent growth · sell at horizon

5-year hold

• IRR: 55.4%
• Equity multiple: 3.47×
• Total profit: $64,329
• Equity at exit: $13,867

10-year hold

• IRR: 60.7%
• Equity multiple: 7.26×
• Total profit: $162,882
• Equity at exit: $8,041

Cash invested: $26,040 (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 92240

• Home prices YoY: -19.6%
• Rents YoY: 3.7%
• Active inventory: 515
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $2,360 high
• Mortgage (P&I): −$488
• Tax est. 1.5%: −$116 /mo · $1,395/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$495
• Net cashflow: $1,221

Break-even live

Break-even rent $814

Max offer price $93,000

Occupancy floor 43%

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: $23,250
• Closing costs: $2,790
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15300 Palm Dr Desert Hot Springs, CA	3.0	2.0	1458	$2,800	$1.92	43d	1	0.34mi
13987 El Cajon Dr Desert Hot Springs, CA	3.0	2.0	1215	$2,600	$2.14	7d	1	0.50mi
13950 West Dr Unit B Desert Hot Springs, CA	2.0	2.0	1008	$1,600	$1.59	1d	1	0.63mi
66629 Joseph Way Unit B Desert Hot Springs, CA	4.0	2.0	1200	$2,900	$2.42	24d	1	0.69mi
66590 Joseph Way Unit B Desert Hot Springs, CA	2.0	1.0	785	$2,295	$2.92	24d	1	0.71mi
13895 Luis Dr Desert Hot Springs, CA	2.0	1.0	814	$1,800	$2.21	43d	1	0.73mi
13405 Ocotillo Rd Desert Hot Springs, CA	2.0	1.0	864	$1,750	$2.03	2d	1	0.80mi
13244 El Cajon Dr Desert Hot Springs, CA	4.0	0.5	1320	$3,200	$2.42	43d	1	0.86mi
13715 El Rio Ln Desert Hot Springs, CA	3.0	2.0	1318	$2,600	$1.97	7d	1	0.87mi
13322 El Rio Ln Desert Hot Springs, CA	3.0	2.0	1215	$2,750	$2.26	43d	1	1.00mi
15490 Avenue Rambla Unit NA Desert Hot Springs, CA	3.0	2.0	1088	$2,600	$2.39	24d	1	1.07mi
15490 Avenida Rambla Desert Hot Springs, CA	3.0	2.0	1088	$2,600	$2.39	43d	1	1.07mi
66434 Estrella Ave Desert Hot Springs, CA	2.0	2.0	850	$1,800	$2.12	43d	1	1.18mi
66309 Desert View Ave Unit 1 Desert Hot Springs, CA	2.0	1.0	800	$1,650	$2.06	43d	1	1.21mi
66299 Desert View Ave Desert Hot Springs, CA	2.0	1.0	800	$1,650	$2.06	43d	1	1.21mi
66444 Desert View Ave Unit B Desert Hot Springs, CA	3.0	2.0	1294	$2,275	$1.76	43d	1	1.25mi
66369 Buena Vista Ave Apt A Desert Hot Springs, CA	3.0	2.0	931	$1,499	$1.61	43d	1	1.33mi
66435 Acoma Ave Apt 2 Desert Hot Springs, CA	2.0	1.5	775	$1,525	$1.97	43d	1	1.40mi
65565 Acoma Ave #49 Desert Hot Springs, CA	3.0	2.0	1396	$2,300	$1.65	43d	1	1.49mi
12300 Ambrosio Dr Desert Hot Springs, CA	3.0	2.0	1260	$2,400	$1.90	43d	1	1.49mi

Listing history 16 events

1. 2026-06-18
   days on market $93,000 Active 106 DOM
2. 2026-06-17
   days on market $93,000 Active 105 DOM
3. 2026-06-16
   days on market $93,000 Active 104 DOM
4. 2026-06-15
   days on market $93,000 Active 103 DOM
5. 2026-06-13
   days on market $93,000 Active 101 DOM
6. 2026-06-13
   days on market $93,000 Active 100 DOM
7. 2026-06-09
   days on market $93,000 Active 97 DOM
8. 2026-06-08
   days on market $93,000 Active 96 DOM
9. 2026-06-07
   days on market $93,000 Active 95 DOM
10. 2026-06-04
    days on market $93,000 Active 92 DOM
11. 2026-06-03
    days on market $93,000 Active 91 DOM
12. 2026-06-02
    days on market $93,000 Active 90 DOM
13. 2026-06-01
    days on market $93,000 Active 89 DOM
14. 2026-05-31
    days on market $93,000 Active 88 DOM
15. 2026-03-04
    listed $93,000 Active 1667-char remark

    Show marketing remark (1667 chars)

    Welcome to this beautifully situated manufactured home in the heart of Desert Hot Springs, offering comfort, privacy, and stunning desert scenery all in one exceptional package. Tucked away at the rear of the community on a premium corner lot, this property enjoys rare open space on multiple sides—providing added privacy, peaceful surroundings, and unobstructed views. This spacious 3-bedroom, 2 full-bath home features a functional and inviting layout designed for everyday living and entertaining. The interior offers generous living spaces filled with natural light, while the thoughtfully designed floor plan ensures comfort and convenience throughout. For year-round climate control, the home is equipped with central air conditioning, complemented by additional mini-split systems and window units—providing efficient and customizable cooling options during the warm desert months. Outside, you’ll find ample parking space with room to accommodate trailers, RVs, and recreational vehicles—a rare and valuable feature. The utility connections have been recently updated, offering peace of mind and added functionality for today’s needs. Step into the backyard and take in the breathtaking mountain views that define the Desert Hot Springs lifestyle. Conveniently located just off Palm Drive, this property offers easy access to local amenities while maintaining a sense of privacy and retreat. Don’t miss the opportunity to own this well-positioned home with space, versatility, and views in one of the desert’s most desirable communities. Schedule your private showing today and experience the potential for yourself.

16. 2026-03-03
    historical $93,000 1667-char remark

    Show marketing remark (1667 chars)

    Welcome to this beautifully situated manufactured home in the heart of Desert Hot Springs, offering comfort, privacy, and stunning desert scenery all in one exceptional package. Tucked away at the rear of the community on a premium corner lot, this property enjoys rare open space on multiple sides—providing added privacy, peaceful surroundings, and unobstructed views. This spacious 3-bedroom, 2 full-bath home features a functional and inviting layout designed for everyday living and entertaining. The interior offers generous living spaces filled with natural light, while the thoughtfully designed floor plan ensures comfort and convenience throughout. For year-round climate control, the home is equipped with central air conditioning, complemented by additional mini-split systems and window units—providing efficient and customizable cooling options during the warm desert months. Outside, you’ll find ample parking space with room to accommodate trailers, RVs, and recreational vehicles—a rare and valuable feature. The utility connections have been recently updated, offering peace of mind and added functionality for today’s needs. Step into the backyard and take in the breathtaking mountain views that define the Desert Hot Springs lifestyle. Conveniently located just off Palm Drive, this property offers easy access to local amenities while maintaining a sense of privacy and retreat. Don’t miss the opportunity to own this well-positioned home with space, versatility, and views in one of the desert’s most desirable communities. Schedule your private showing today and experience the potential for yourself.

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 6 d/yr ≥111°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,314
• − Mortgage interest: −$5,209
• − Property taxes: −$1,395
• − Insurance: −$465
• − Repairs & maintenance: −$2,265
• − Management: −$2,265
• − Depreciation: −$2,705
• Taxable income: $14,009
• Est. tax owed @ 24.0%: −$3,362
• After-tax cash flow: $11,294/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 75/100 Cosmetic rehab

This manufactured home offers a good condition with cosmetic updates needed to enhance its curb appeal and interior aesthetics.

Repairs flagged

• Minor Exterior siding — Weathered appearance
• Minor Paint — Slightly worn condition

Value-add opportunities

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
• Both Landscaping — Improves curb appeal and enhances property value
• Both Reconditioning exterior siding — Restores property's visual appeal

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exterior siding · Weathered appearance	Minor	$500–3,000
Paint · Slightly worn condition	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics ↑
• Both Landscaping — Improves curb appeal and enhances property value ↑
• Both Reconditioning exterior siding — Restores property's visual appeal ↑

ⓘ 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 Hot Springs

• Score: 49/100
• State rank: #1149
• US rank: #25774

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Desert Hot Springs, CA
• County: Riverside County · 2,287,001 people
• City population: 41,615
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 41,615
• Household income: $54,023
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 2095.0

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: Majority Hispanic (64%)
• Race & ethnicity: Hispanic / Latino 64% Two or more races 27% White 23% Black 7% Native American 2% Asian 2%
• Hispanic origin (detail): Mexican 53%
• Common ancestry: Lithuanian 1% Romanian 1% Italian 1%
• Foreign-born: 27% · Canada, Vietnam
• Languages at home: 47% English-only · Spanish 50% 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: ▼ -102.10%
• Current HPI: 418.4691
• Rent YoY: ▲ 3.66%
• 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

+0.0% since first listed

2 events — show timeline

• 2026-03-04 Listed $93,000 CRMLS
• 2026-03-03 Coming Soon $93,000 CRMLS