84136 Avenue 44 #394 · Indio, CA 92203

$79,000

1 bd · 1.0 ba · 400 sqft · Manufactured · 309 Days on market

2,178 sqft lot $198/sqft · 40% below area Est $131k · 40% under $530/mo HOA · 31% of rent

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +5.0/5.0
• Schools +3.8/10.0
• Livability +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This park model is located on a quiet green belt within the middle of the community, giving easy access to all the activities. The patio is enclosed with automatic shutters to create an enclosed area. The shed is accessible right off the back stairs as well as a small outside patio. This all located in a 55 community that has a 3 par golf course, chipping green, putting green, 9 hole mini golf, pickleball and tennis courts, bocce ball, an indoor shuffleboard courts, 2 clubhouses with pools and Jacuzzies and an additional 4 satellites with pool, jacuzzi and mail boxes. This is all within a 24 hour gate guarded community , of 801 lots, that consist of a combination of Park Models and RV lots, where you own the land. The resort has a limit of 270 day occupancy. It is. a perfect place to spend your holidays in the sunshine.

Key facts

• Accessible shed
• Chipping green
• 3 par golf course

Tags

• ENCLOSED PATIO
• ACCESSIBLE SHED
• 3 PAR GOLF COURSE
• CHIPPING GREEN
• PUTTING GREEN
• 9 HOLE MINI GOLF

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $79k.

Deal economics

• At list price, monthly cash flow is $301 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $79k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.9% vs local median 4.3% in Indio — 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 53/100 on livability (#927 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing B+; Watch: employment D, schools F, crime F.
• Desert Sands Unified (suburban): math 31% / reading 56% proficiency, ranked #199 of 517 in CA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+11.6%/yr); 441 active listings in the ZIP; solid renter incomes; 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 $546 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 + 8.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 309 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 16y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $79k implies a 58% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 31% of rent.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 4→9/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $69,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 309 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 F 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: 2.17% ✓
• Cap rate: 10.87%
• Cash-on-cash: 16.34%
• DSCR: 1.73
• GRM: 3.8

CMA / ARV

• ARV (median comp): $131,033
• List price: $79,000
• Delta: -39.71%
• 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
84136 Ave 44, #262 #262	0.03mi	1/1.0	400 (0%)	0mo	$192,500	$481	98
84136 Ave 44, #385 #385	0.03mi	1/1.0	400 (0%)	3mo	$178,000	$445	96
84136 Avenue 44, #449 #449	0.03mi	1/1.0	400 (0%)	3mo	$230,000	$575	96
754 Ave 44 #754	0.09mi	1/1.0	400 (0%)	3mo	$101,500	$254	93
84136 Avenue 44 #477	0.13mi	1/1.0	400 (0%)	1mo	$95,000	$238	93
84136 Ave 44, #567 #567	0.13mi	1/1.0	400 (0%)	1mo	$90,000	$225	93
84136 84136 Avenue 44, #325 #325	0.14mi	1/1.0	400 (0%)	2mo	$79,000	$198	92
84136 Ave 44, #29 #29	0.15mi	1/1.0	400 (0%)	1mo	$90,000	$225	92
84136 Ave 44, #744 #744	0.15mi	1/1.0	400 (0%)	2mo	$176,000	$440	91
84136 Ave 44, 675 #675	0.16mi	1/1.0	400 (0%)	3mo	$205,000	$513	90
84136 Ave 44, 658 #658	0.18mi	1/1.0	400 (0%)	3mo	$102,500	$256	89
84136 Ave 44 #122	0.27mi	1/1.0	400 (0%)	2mo	$125,000	$313	86

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 16.2%
• Equity multiple: 1.71×
• Total profit: $15,768
• Equity at exit: $11,779

10-year hold

• IRR: 29.7%
• Equity multiple: 4.66×
• Total profit: $81,000
• Equity at exit: $6,830

Cash invested: $22,120 (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 92203

• Home prices YoY: -25.0%
• Rents YoY: 11.6%
• Active inventory: 441
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,713 medium
• Mortgage (P&I): −$414
• Tax from tax record: −$75 /mo · $899/yr
• Insurance: −$33
• HOA: −$530
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $301

Break-even live

Break-even rent $1,332

Max offer price $79,000

Occupancy floor 77%

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $530 · $6,360/yr
• Likely covers: poolsecurity

Listing history 25 events

1. 2026-06-18
   days on market $79,000 Active 309 DOM
2. 2026-06-17
   days on market $79,000 Active 308 DOM
3. 2026-06-16
   days on market $79,000 Active 307 DOM
4. 2026-06-15
   days on market $79,000 Active 306 DOM
5. 2026-06-13
   days on market $79,000 Active 304 DOM
6. 2026-06-09
   days on market $79,000 Active 300 DOM
7. 2026-06-08
   days on market $79,000 Active 299 DOM
8. 2026-06-07
   days on market $79,000 Active 298 DOM
9. 2026-06-04
   days on market $79,000 Active 295 DOM
10. 2026-06-03
    days on market $79,000 Active 294 DOM
11. 2026-06-02
    days on market $79,000 Active 293 DOM
12. 2026-06-01
    days on market $79,000 Active 292 DOM
13. 2026-05-31
    days on market $79,000 Active 291 DOM
14. 2026-01-09
    price $79,000 832-char remark

    Show marketing remark (832 chars)

    This park model is located on a quiet green belt within the middle of the community, giving easy access to all the activities. The patio is enclosed with automatic shutters to create an enclosed area. The shed is accessible right off the back stairs as well as a small outside patio. This all located in a 55 community that has a 3 par golf course, chipping green, putting green, 9 hole mini golf, pickleball and tennis courts, bocce ball, an indoor shuffleboard courts, 2 clubhouses with pools and Jacuzzies and an additional 4 satellites with pool, jacuzzi and mail boxes. This is all within a 24 hour gate guarded community , of 801 lots, that consist of a combination of Park Models and RV lots, where you own the land. The resort has a limit of 270 day occupancy. It is. a perfect place to spend your holidays in the sunshine.

15. 2025-08-12
    listed $89,000 Active 832-char remark

    Show marketing remark (832 chars)

    This park model is located on a quiet green belt within the middle of the community, giving easy access to all the activities. The patio is enclosed with automatic shutters to create an enclosed area. The shed is accessible right off the back stairs as well as a small outside patio. This all located in a 55 community that has a 3 par golf course, chipping green, putting green, 9 hole mini golf, pickleball and tennis courts, bocce ball, an indoor shuffleboard courts, 2 clubhouses with pools and Jacuzzies and an additional 4 satellites with pool, jacuzzi and mail boxes. This is all within a 24 hour gate guarded community , of 801 lots, that consist of a combination of Park Models and RV lots, where you own the land. The resort has a limit of 270 day occupancy. It is. a perfect place to spend your holidays in the sunshine.

16. 2020-06-04
    historical
17. 2020-01-21
    price $73,000
18. 2019-10-11
    listed $81,000 Active
19. 2010-10-20
    soldstatus $50,000 Closed
20. 2010-10-20
    soldstatus $50,000 Closed
21. 2010-10-20
    soldstatus $30,000
22. 2010-10-01
    historical
23. 2010-09-08
    listed $60,000 Active
24. 1994-12-02
    soldstatus $20,000
25. 1992-04-27
    soldstatus $23,000

ⓘ 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: $899 · $75/mo
• Projected year-2 tax: $899 · $75/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 9/10 Extreme 4 d/yr ≥114°F today · 9 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,556
• − Mortgage interest: −$4,425
• − Property taxes: −$899
• − Insurance: −$395
• − Repairs & maintenance: −$1,644
• − Management: −$1,644
• − HOA: −$6,360
• − Depreciation: −$2,298
• Taxable income: $2,890
• Est. tax owed @ 24.0%: −$693
• After-tax cash flow: $2,920/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: Desert Sands Unified
• NCES district ID: 0611110
• Math proficiency: 31% ▼ -4.00%
• Reading proficiency: 56% ▲ 7.00%
• Median HH income: $54,957
• Composite: 37.77/100
• National rank: #4346
• State rank: #199 of 517 in CA

Livability — Indio

• Score: 53/100
• State rank: #927
• US rank: #24244

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Indio, CA
• County: Riverside County · 2,287,001 people
• City population: 100,560
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 34,735
• Household income: $97,311
• Rent vs Own: 20.2% rent · 79.8% own
• Severe rent burden: 565.0

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 0.57)
• Race & ethnicity: Hispanic / Latino 51% White 41% Two or more races 29% Asian 3% Black 2%
• Hispanic origin (detail): Mexican 48%
• Common ancestry: Italian 3% Lithuanian 2% Romanian 2%
• Foreign-born: 14% · Canada
• Languages at home: 64% English-only · Spanish 33% Tagalog/Filipino 1% Other Indo-European 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: ▼ -98.51%
• Current HPI: 295.6456
• Rent YoY: ▲ 11.64%
• 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

+243.5% since first listed

12 events — show timeline

• 2026-01-09 Price Changed $79,000 TheMLS
• 2025-08-12 Listed $89,000 TheMLS
• 2020-06-04 Listing Removed — GPSMLS
• 2020-01-21 Price Changed $73,000 GPSMLS
• 2019-10-11 Listed $81,000 GPSMLS
• 2010-10-20 Sold (Public Records) $30,000 Public Records
• 2010-10-20 Sold (MLS) $50,000 GPSMLS
• 2010-10-20 Sold (MLS) $50,000 GPSMLS
• 2010-10-01 Listing Removed — GPSMLS
• 2010-09-08 Listed $60,000 GPSMLS
• 1994-12-02 Sold (Public Records) $20,000 Public Records
• 1992-04-27 Sold (Public Records) $23,000 Public Records

Property tax history

+17.2%/yr

Latest (2014): $899 · +31.8% YoY. Source: county tax records.