2308 Loch Lomond Ave · Dixon Lane-MeadowCreek, CA 93514

$199,900

3 bd · 2.0 ba · 1,493 sqft · Manufactured · 19 Days on market

Built 2021 Est $151k · 33% over

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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 +27.1/30.0
• DSCR +9.4/10.0
• 1% rule +6.3/10.0
• Schools +2.7/10.0
• 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

Listing remarks MLS

Discover this beautifully maintained, move-in-ready 3-bedroom, 2-bath manufactured home built in 2021. Offering nearly 1,500 sq. ft. of living space, this home provides comfort and functionality for the whole family. The interior features full drywall construction, high ceilings, and a blend of durable laminate flooring and cozy carpet. Enjoy a thoughtfully designed split yet open floor plan that creates both privacy and a welcoming flow throughout the home. Outside, a newly installed metal carport provides shaded parking and added privacy. The spacious yard offers plenty of room for outdoor enjoyment and includes two storage sheds for all your needs. Skip the hassle and expense of installing a new home-this one is ready for you to enjoy from day one. Conveniently located in a mobile home community with a monthly space rent that includes access to a nice Swimming Pool!

Key facts

• Spacious yard
• Two storage sheds
• High ceilings

Tags

• FULL DRYWALL CONSTRUCTION
• HIGH CEILINGS
• SPLIT YET OPEN FLOOR PLAN
• NEWLY INSTALLED METAL CARPORT
• SPACIOUS YARD
• TWO STORAGE SHEDS

Property features AI

Finance

• HOA & community: Community pool; Clubhouse; Located in the Highlands Family subdivision

Exterior

• Utilities: Public water; Propane available; Sewer connected
• Home design: Single-story mobile home; Residential property
• Construction: Composition roof
• Exterior features: Garden; Fenced yard; Composition roof

Interior

• Kitchen: Dishwasher; Range; Oven; Refrigerator
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning
• Interior features: Window coverings; Crawl space

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $200k.

Deal economics

• At list price, monthly cash flow is $566 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $197k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Bishop Unified (town): math 25% / reading 36% proficiency, ranked #337 of 517 in CA (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 74 active listings in the ZIP; 18 units permitted in Inyo County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Inyo County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 4→11/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $196,901 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.13% ✓
• Cap rate: 9.69%
• Cash-on-cash: 12.14%
• DSCR: 1.54
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $150,793
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2308 Loch Lomond Ave	0.00mi	3/2.0	1,493 (0%)	1mo	$195,000	$131	100
2360 Brigadoon Ave	0.04mi	3/2.0	1,440 (-4%)	3mo	$132,000	$92	90
1519 Glenwood Ln	0.11mi	3/2.0	1,440 (-4%)	3mo	$138,000	$96	86
2293 Darby Ave	0.05mi	3/2.0	1,440 (-4%)	12mo	$88,000	$61	81
1528 Argyle Ln	0.17mi	2/2.0 (-1)	1,584 (+6%)	3mo	$179,900	$114	75
1513 Dunbar Ln	0.12mi	2/2.0 (-1)	1,440 (-4%)	12mo	$90,000	$63	73
2269 Galloway Ave	0.17mi	2/2.0 (-1)	1,440 (-4%)	11mo	$160,000	$111	72
2252 Brigadoon Ave	0.13mi	3/2.0	1,630 (+9%)	10mo	$165,000	$101	70
2307 Grazide Cir	0.35mi	2/2.0 (-1)	1,440 (-4%)	6mo	$480,000	$333	68
2272 Brigadoon Ave	0.11mi	2/2.0 (-1)	1,344 (-10%)	10mo	$62,500	$47	65
2323 Grazide Cir	0.34mi	2/2.0 (-1)	1,344 (-10%)	1mo	$480,000	$357	61
2293 Galloway Ave	0.17mi	2/2.0 (-1)	1,334 (-11%)	11mo	$55,000	$41	60

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: 1.7%
• Equity multiple: 1.06×
• Total profit: $3,603
• Equity at exit: $29,806

10-year hold

• IRR: 11.3%
• Equity multiple: 1.88×
• Total profit: $49,315
• Equity at exit: $17,284

Cash invested: $55,972 (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 93514

• Active inventory: 74
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,268 medium
• Mortgage (P&I): −$1,048
• Tax from tax record: −$94 /mo · $1,126/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $566

Break-even live

Break-even rent $1,551

Max offer price $199,900

Occupancy floor 70%

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-04-28
   status Pending

   Show marketing remark (881 chars)

   Discover this beautifully maintained, move-in-ready 3-bedroom, 2-bath manufactured home built in 2021. Offering nearly 1,500 sq. ft. of living space, this home provides comfort and functionality for the whole family. The interior features full drywall construction, high ceilings, and a blend of durable laminate flooring and cozy carpet. Enjoy a thoughtfully designed split yet open floor plan that creates both privacy and a welcoming flow throughout the home. Outside, a newly installed metal carport provides shaded parking and added privacy. The spacious yard offers plenty of room for outdoor enjoyment and includes two storage sheds for all your needs. Skip the hassle and expense of installing a new home-this one is ready for you to enjoy from day one. Conveniently located in a mobile home community with a monthly space rent that includes access to a nice Swimming Pool!

2. 2026-04-28
   status Pending 881-char remark

   Show marketing remark (881 chars)

   Discover this beautifully maintained, move-in-ready 3-bedroom, 2-bath manufactured home built in 2021. Offering nearly 1,500 sq. ft. of living space, this home provides comfort and functionality for the whole family. The interior features full drywall construction, high ceilings, and a blend of durable laminate flooring and cozy carpet. Enjoy a thoughtfully designed split yet open floor plan that creates both privacy and a welcoming flow throughout the home. Outside, a newly installed metal carport provides shaded parking and added privacy. The spacious yard offers plenty of room for outdoor enjoyment and includes two storage sheds for all your needs. Skip the hassle and expense of installing a new home-this one is ready for you to enjoy from day one. Conveniently located in a mobile home community with a monthly space rent that includes access to a nice Swimming Pool!

3. 2026-04-09
   listed $199,900 Active

   Show marketing remark (881 chars)

   Discover this beautifully maintained, move-in-ready 3-bedroom, 2-bath manufactured home built in 2021. Offering nearly 1,500 sq. ft. of living space, this home provides comfort and functionality for the whole family. The interior features full drywall construction, high ceilings, and a blend of durable laminate flooring and cozy carpet. Enjoy a thoughtfully designed split yet open floor plan that creates both privacy and a welcoming flow throughout the home. Outside, a newly installed metal carport provides shaded parking and added privacy. The spacious yard offers plenty of room for outdoor enjoyment and includes two storage sheds for all your needs. Skip the hassle and expense of installing a new home-this one is ready for you to enjoy from day one. Conveniently located in a mobile home community with a monthly space rent that includes access to a nice Swimming Pool!

4. 2026-04-09
   listed $199,900 Active 881-char remark

   Show marketing remark (881 chars)

   Discover this beautifully maintained, move-in-ready 3-bedroom, 2-bath manufactured home built in 2021. Offering nearly 1,500 sq. ft. of living space, this home provides comfort and functionality for the whole family. The interior features full drywall construction, high ceilings, and a blend of durable laminate flooring and cozy carpet. Enjoy a thoughtfully designed split yet open floor plan that creates both privacy and a welcoming flow throughout the home. Outside, a newly installed metal carport provides shaded parking and added privacy. The spacious yard offers plenty of room for outdoor enjoyment and includes two storage sheds for all your needs. Skip the hassle and expense of installing a new home-this one is ready for you to enjoy from day one. Conveniently located in a mobile home community with a monthly space rent that includes access to a nice Swimming Pool!

ⓘ 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: $1,126 · $94/mo
• Projected year-2 tax: $1,519 · $127/mo
• Expected delta: +$393/yr (+$33/mo · 34.9%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 6/10 Major 4 d/yr ≥98°F today · 11 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 37 unhealthy d/yr today · 38 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,213
• − Mortgage interest: −$11,198
• − Property taxes: −$1,126
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,177
• − Management: −$2,177
• − Depreciation: −$5,815
• Taxable income: $3,721
• Est. tax owed @ 24.0%: −$893
• After-tax cash flow: $5,900/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: Bishop Unified
• NCES district ID: 0601409
• Math proficiency: 25% ▼ -9.00%
• Reading proficiency: 36% ▼ -6.00%
• Median HH income: $49,430
• Composite: 26.52/100
• National rank: #7197
• State rank: #337 of 517 in CA

Livability — Dixon Lane-MeadowCreek

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

Census & demographics

• Census place: Dixon Lane-MeadowCreek, CA
• Population (ZIP): 14,961

Population outlook (Inyo County) Hauer SSP2

• Today (2025): 17,399 people
• By 2030: 16,824 · -3.3%
• By 2040: 15,543 · -10.7%
• By 2050: 14,332 · -17.6%
• By 2075: 12,213 · -29.8%
• By 2100: 9,997 · -42.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 60% Hispanic / Latino 25% Two or more races 14% Native American 9% Asian 2%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Slovak 4% Italian 3% Romanian 2%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 85% English-only · Spanish 12% Other Indo-European 1% Tagalog/Filipino 1%

Political lean MEDSL · Inyo

• 2024 margin: Toss-up / Even · D 46.9% · R 49.9% · Other 3.1%
• 2008→2024 swing: +6.2pp toward D · 2008: -9.2pp · 2024: -3.0pp
• All cycles: 2024: R+3.0 2020: D+0.1 2016: R+13.7 2012: R+11.8 2008: R+9.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -387.39%
• Current HPI: 231.287
• Rent YoY: —
• Metro: —
• 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

4 events — show timeline

• 2026-04-28 Pending — IMLS
• 2026-04-28 Pending — MLBOR
• 2026-04-09 Listed $199,900 IMLS
• 2026-04-09 Listed $199,900 MLBOR

Property tax history

+3.4%/yr

Latest (2025): $1,126 · +9.4% YoY. Source: county tax records.