371 Santa Clara Cir · Hemet, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 7/10 · Major
- Hot days now (above 104°F)
- 6 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 9 days/yr
- Unhealthy air days in 30 yrs
- 11 days/yr
Risk factors via First Street. Map © Google.
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 +25.7/30.0
- DSCR +8.6/10.0
- 1% rule +7.2/10.0
- ARV discount +6.8/15.0
- Rent growth +2.9/5.0
- Livability +2.6/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$160,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this spacious 3-brdroom, 2 bath home on land offering 1,891 sq ft of living space on a 3,920 sq ft lot within an HOA community. Home features updated flooring in main areas, remodeled bathrooms, large living room, generous kitchen and dining area with ample cabinetry and a flexible enclosed patio/sunroom space. Covered carport and low maintenance landscaping. You own the land - no space rent. Conveniently located near shopping and local amenities. Don't miss out on this opportunity.
Key facts
- Covered carport
- Updated flooring
- Remodeled bathrooms
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $160k.
Deal economics
- At list price, monthly cash flow is $385 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $160k).
- Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
- Cap rate 9.2% vs local median 4.9% in Hemet — 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 51/100 on livability (#1,056 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: crime D+, schools F, amenities F.
- Hemet Unified (suburban): math 19% / reading 41% proficiency, ranked #360 of 517 in CA (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+1.8%/yr); 264 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
- At $1,960/mo this rent would consume 48% of the median local household income ($49k/yr) (locally 2144% 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 $1k of loan paydown is wiped out by about $5k 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 ($155k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 6y ago 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.
- Current owner paid $130k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: major wildfire risk; extreme-heat days projected 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.22% ✓
- Cap rate
- 9.18%
- Cash-on-cash
- 10.33%
- DSCR
- 1.46
- GRM
- 6.8
CMA / ARV
- ARV (median comp)
- $157,500
- List price
- $160,000
- Delta
- 1.59%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 180 Santa Paula | 0.18mi | 2/2.0 | 1,368 (+2%) | 2mo | $139,000 | $102 | 86 |
| 930 S Santa Victoria | 0.27mi | 3/2.0 (+1) | 1,356 (+2%) | 1mo | $140,000 | $103 | 79 |
| 853 SANTA TERESA Way | 0.45mi | 2/2.0 | 1,368 (+2%) | 2mo | $151,000 | $110 | 73 |
| 1111 W Johnston Ave | 0.22mi | 2/2.0 | 1,200 (-10%) | 0mo | $135,000 | $113 | 73 |
| 1760 Santiago | 0.39mi | 2/2.0 | 1,248 (-6%) | 0mo | $118,000 | $95 | 71 |
| 1655 Vista Grande Dr | 0.36mi | 2/2.0 | 1,440 (+8%) | 2mo | $158,000 | $110 | 69 |
| 575 S Lyon Ave #34 | 0.46mi | 2/2.0 | 1,440 (+8%) | 1mo | $62,900 | $44 | 64 |
| 1631 Bella Vis | 0.49mi | 2/2.0 | 1,440 (+8%) | 0mo | $147,115 | $102 | 64 |
| 1167 Via Del Mesa | 0.38mi | 2/2.0 | 1,152 (-14%) | 1mo | $135,000 | $117 | 59 |
| 2205 acacia #62 | 0.74mi | 2/2.0 | 1,400 (+5%) | 1mo | $73,000 | $52 | 57 |
| 942 Santa Elena | 0.44mi | 2/1.5 | 1,503 (+13%) | 0mo | $144,000 | $96 | 56 |
| 1778 Burr Oak Way | 0.72mi | 3/2.0 (+1) | 1,440 (+8%) | 0mo | $190,000 | $132 | 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 · 1.76% rent growth · sell at horizon
- IRR
- -2.2%
- Equity multiple
- 0.92×
- Total profit
- $-3,727
- Equity at exit
- $23,857
- IRR
- 6.0%
- Equity multiple
- 1.42×
- Total profit
- $18,963
- Equity at exit
- $13,834
Cash invested: $44,800 (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
ZIP-level market 92543
- Home prices YoY
- -26.7%
- Rents YoY
- 1.8%
- Active inventory
- 264
- Price-to-rent
- 6.8×
Monthly cashflow live
- Estimated rent
- $1,960 high interval (Pro) →
- Mortgage (P&I)
- −$839
- Tax from tax record
- −$127 /mo · $1,526/yr
- Insurance
- −$67
- HOA
- −$130
- Vacancy / Maint / Mgmt
- −$412
- Net cashflow
- $385
Break-even live
Sensitivity live
| Price | -10% $476 | -5% $431 | +0% $385 | +5% $340 | +10% $295 |
|---|---|---|---|---|---|
| Rent | -10% $231 | -5% $308 | +0% $385 | +5% $463 | +10% $540 |
| Rate | -1.0pp $466 | -0.5pp $426 | base $385 | +0.5pp $344 | +1.0pp $302 |
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
- $40,000
- Closing costs
- $4,800
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 101 San Mateo Cir Hemet, CA | 2.0 | 2.0 | 1152 | $1,790 | $1.55 | 0d | 1 | 0.12mi |
| 1241 Sandlewood Dr Hemet, CA | 2.0 | 1.5 | 1504 | $2,000 | $1.33 | 44d | 1 | 0.13mi |
| 120 Santa Lucia Dr Hemet, CA | 2.0 | 2.0 | 1197 | $1,600 | $1.34 | 44d | 1 | 0.15mi |
| 1521 W Westmont Ave Hemet, CA | 2.0 | 2.0 | 1197 | $2,000 | $1.67 | 44d | 1 | 0.19mi |
| 611 S Palm Ave Unit K Hemet, CA | 2.0 | 2.0 | 1254 | $1,895 | $1.51 | 8d | 1 | 0.19mi |
| 876 W Whittier Ave Unit 878 Hemet, CA | 2.0 | 2.0 | 1127 | $2,150 | $1.91 | 25d | 1 | 0.23mi |
| 1461 W Mayberry Ave Hemet, CA | 2.0 | 2.0 | 1044 | $1,750 | $1.68 | 44d | 1 | 0.32mi |
| 471 S Simpson Ave Unit D Hemet, CA | 2.0 | 2.0 | 900 | $1,750 | $1.94 | 44d | 1 | 0.41mi |
| 471 Whitney Dr Hemet, CA | 2.0 | 2.0 | 1085 | $1,800 | $1.66 | 6d | 1 | 0.42mi |
| 1850 Amberwood Dr Hemet, CA | 2.0 | 2.0 | 1170 | $1,561 | $1.33 | 44d | 1 | 0.43mi |
| 735 S Gilbert St Hemet, CA | 3.0 | 2.0 | 1202 | $2,400 | $2.00 | 44d | 1 | 0.45mi |
| 415 S Tahquitz Ave Hemet, CA | 3.0 | 2.0 | 1766 | $2,900 | $1.64 | 19d | 1 | 0.50mi |
| 1005 S Gilbert St Hemet, CA | 2.0 | 1.5 | 975 | $1,825 | $1.87 | 25d | 2 | 0.52mi |
| 1025 S Gilbert St Hemet, CA | 1.0–2.0 | 1.0–2.0 | 890 | $2,320 | $2.61 | 2d | 8 | 0.54mi |
| 716 Robert Dr Hemet, CA | 3.0 | 2.0 | 1450 | $2,300 | $1.59 | 6d | 1 | 0.57mi |
| 424 W Mayberry Ave Unit 1 Hemet, CA | 1.0 | 1.0 | 1664 | $850 | $0.51 | 8d | 1 | 0.57mi |
| 363 S Gilbert St Hemet, CA | 3.0 | 2.0 | 1200 | $1,900 | $1.58 | 4d | 1 | 0.62mi |
| 363 S Gilbert St Unit B Hemet, CA | 3.0 | 2.0 | 1200 | $1,900 | $1.58 | 14d | 1 | 0.62mi |
| 2098 W Acacia Ave Hemet, CA | 1.0–3.0 | 1.0–2.0 | 895 | $2,035 | $2.27 | 0d | 1 | 0.77mi |
| 683 Jonquil St Hemet, CA | 3.0 | 2.0 | 1150 | $2,448 | $2.13 | 25d | 1 | 0.78mi |
| 1955 Silver Oak Way Hemet, CA | 3.0 | 2.0 | 1318 | $2,250 | $1.71 | 44d | 1 | 0.84mi |
| 1315 W Latham Ave Hemet, CA | 3.0 | 2.5 | 1340 | $2,550 | $1.90 | 44d | 1 | 0.87mi |
| 853 Douglas Ct Hemet, CA | 2.0 | 2.0 | 1148 | $1,850 | $1.61 | 4d | 1 | 0.88mi |
| 2403 W Acacia Ave Hemet, CA | 2.0 | 2.0 | 910 | $1,995 | $2.19 | 8d | 1 | 0.89mi |
| 1096 Burton St Hemet, CA | 3.0 | 2.5 | 1477 | $2,595 | $1.76 | 0d | 1 | 0.91mi |
| 2469 W Acacia Ave Hemet, CA | 2.0 | 2.0 | 910 | $1,750 | $1.92 | 25d | 1 | 0.91mi |
| 860 Douglas Ct Hemet, CA | 2.0 | 2.0 | 1114 | $1,850 | $1.66 | 19d | 1 | 0.93mi |
| 250 N Elk St Hemet, CA | 2.0 | 1.0 | 900 | $1,625 | $1.81 | 14d | 1 | 0.98mi |
| 390 Magnolia Cir Hemet, CA | 2.0 | 2.0 | 1038 | $2,400 | $2.31 | 0d | 1 | 1.02mi |
| 390 Magnolia Cir Hemet, CA | 2.0 | 2.0 | 1038 | $2,400 | $2.31 | 4d | 1 | 1.02mi |
| 2971 Pembroke Ave Hemet, CA | 3.0 | 2.0 | 1572 | $3,000 | $1.91 | 19d | 1 | 1.10mi |
| 700 Johnston Ave Unit 708 Hemet, CA | 2.0 | 1.0 | 1000 | $1,600 | $1.60 | 8d | 1 | 1.12mi |
| 678 Monterey Pl Hemet, CA | 2.0 | 2.0 | 1047 | $1,995 | $1.91 | 44d | 1 | 1.14mi |
| 1270 Rosalia Ave Unit 1 Hemet, CA | 2.0 | 1.0 | 900 | $1,800 | $2.00 | 44d | 1 | 1.18mi |
| 640 Vista del Monte Hemet, CA | 3.0 | 2.0 | 1480 | $2,650 | $1.79 | 44d | 1 | 1.18mi |
| 409 E Thornton Ave Hemet, CA | 2.0 | 1.0 | 970 | $1,912 | $1.97 | 3d | 2 | 1.18mi |
| 3030 W Acacia Ave Hemet, CA | 1.0–2.0 | 1.0–2.0 | 807 | $1,785 | $2.21 | 0d | 8 | 1.24mi |
| 446 N Elk St Unit D Hemet, CA | 2.0 | 1.0 | 980 | $1,675 | $1.71 | 25d | 1 | 1.25mi |
| 1354 Jasmine Way Hemet, CA | 2.0 | 2.0 | 1440 | $1,650 | $1.15 | 44d | 1 | 1.27mi |
| 1862 Pueblo Dr Hemet, CA | 2.0 | 2.0 | 977 | $1,900 | $1.94 | 44d | 1 | 1.33mi |
HOA detail
- Monthly dues
- $130 · $1,560/yr
- Likely covers
- landscaping
Listing history 33 events
-
2026-06-18days on market $160,000 Active 58 DOM
-
2026-06-17days on market $160,000 Active 57 DOM
-
2026-06-16days on market $160,000 Active 56 DOM
-
2026-06-15days on market $160,000 Active 55 DOM
-
2026-06-13days on market $160,000 Active 53 DOM
-
2026-06-09days on market $160,000 Active 49 DOM
-
2026-06-08days on market $160,000 Active 48 DOM
-
2026-06-07days on market $160,000 Active 47 DOM
-
2026-06-04days on market $160,000 Active 44 DOM
-
2026-06-03days on market $160,000 Active 43 DOM
-
2026-06-02days on market $160,000 Active 42 DOM
-
2026-06-01days on market $160,000 Active 41 DOM
-
2026-05-31days on market $160,000 Active 40 DOM
-
2026-04-29status Active 499-char remark
Show marketing remark (499 chars)
Welcome to this spacious 3-brdroom, 2 bath home on land offering 1,891 sq ft of living space on a 3,920 sq ft lot within an HOA community. Home features updated flooring in main areas, remodeled bathrooms, large living room, generous kitchen and dining area with ample cabinetry and a flexible enclosed patio/sunroom space. Covered carport and low maintenance landscaping. You own the land - no space rent. Conveniently located near shopping and local amenities. Don't miss out on this opportunity.
-
2026-03-27status Active 499-char remark
Show marketing remark (499 chars)
Welcome to this spacious 3-brdroom, 2 bath home on land offering 1,891 sq ft of living space on a 3,920 sq ft lot within an HOA community. Home features updated flooring in main areas, remodeled bathrooms, large living room, generous kitchen and dining area with ample cabinetry and a flexible enclosed patio/sunroom space. Covered carport and low maintenance landscaping. You own the land - no space rent. Conveniently located near shopping and local amenities. Don't miss out on this opportunity.
-
2026-02-24status Active 499-char remark
Show marketing remark (499 chars)
Welcome to this spacious 3-brdroom, 2 bath home on land offering 1,891 sq ft of living space on a 3,920 sq ft lot within an HOA community. Home features updated flooring in main areas, remodeled bathrooms, large living room, generous kitchen and dining area with ample cabinetry and a flexible enclosed patio/sunroom space. Covered carport and low maintenance landscaping. You own the land - no space rent. Conveniently located near shopping and local amenities. Don't miss out on this opportunity.
-
2026-02-20status Pending Sale 499-char remark
Show marketing remark (499 chars)
Welcome to this spacious 3-brdroom, 2 bath home on land offering 1,891 sq ft of living space on a 3,920 sq ft lot within an HOA community. Home features updated flooring in main areas, remodeled bathrooms, large living room, generous kitchen and dining area with ample cabinetry and a flexible enclosed patio/sunroom space. Covered carport and low maintenance landscaping. You own the land - no space rent. Conveniently located near shopping and local amenities. Don't miss out on this opportunity.
-
2026-02-17$160,000 Active 499-char remark
Show marketing remark (499 chars)
Welcome to this spacious 3-brdroom, 2 bath home on land offering 1,891 sq ft of living space on a 3,920 sq ft lot within an HOA community. Home features updated flooring in main areas, remodeled bathrooms, large living room, generous kitchen and dining area with ample cabinetry and a flexible enclosed patio/sunroom space. Covered carport and low maintenance landscaping. You own the land - no space rent. Conveniently located near shopping and local amenities. Don't miss out on this opportunity.
-
2022-08-05soldstatus $129,900 Closed Sale 644-char remark
Show marketing remark (644 chars)
Newly REMODELED 3 bedroom 2 bath manufactured home in Sierra Dawn Estates 55+ community. Spacious Living Room, separate dinning room, Kitchen with lots of cabinet space and Breakfast Bar. New paint and flooring throughout. New Split system for ac and heat in the living room. Large spacious master with walk-in closet. Large enclosed patio in the back that could be used for many different purposes. Community offers 4 clubhouses, 5 pools, sauna, Jacuzzi, workout room, free cable service, and multiple activities for everyone to enjoy. Centrally located with close access to shopping, dining and entertainment. NO SPACE RENT! You own the land.
-
2022-07-26status Pending Sale 644-char remark
Show marketing remark (644 chars)
Newly REMODELED 3 bedroom 2 bath manufactured home in Sierra Dawn Estates 55+ community. Spacious Living Room, separate dinning room, Kitchen with lots of cabinet space and Breakfast Bar. New paint and flooring throughout. New Split system for ac and heat in the living room. Large spacious master with walk-in closet. Large enclosed patio in the back that could be used for many different purposes. Community offers 4 clubhouses, 5 pools, sauna, Jacuzzi, workout room, free cable service, and multiple activities for everyone to enjoy. Centrally located with close access to shopping, dining and entertainment. NO SPACE RENT! You own the land.
-
2022-07-14price $129,900 644-char remark
Show marketing remark (644 chars)
Newly REMODELED 3 bedroom 2 bath manufactured home in Sierra Dawn Estates 55+ community. Spacious Living Room, separate dinning room, Kitchen with lots of cabinet space and Breakfast Bar. New paint and flooring throughout. New Split system for ac and heat in the living room. Large spacious master with walk-in closet. Large enclosed patio in the back that could be used for many different purposes. Community offers 4 clubhouses, 5 pools, sauna, Jacuzzi, workout room, free cable service, and multiple activities for everyone to enjoy. Centrally located with close access to shopping, dining and entertainment. NO SPACE RENT! You own the land.
-
2022-07-02status Active 644-char remark
Show marketing remark (644 chars)
Newly REMODELED 3 bedroom 2 bath manufactured home in Sierra Dawn Estates 55+ community. Spacious Living Room, separate dinning room, Kitchen with lots of cabinet space and Breakfast Bar. New paint and flooring throughout. New Split system for ac and heat in the living room. Large spacious master with walk-in closet. Large enclosed patio in the back that could be used for many different purposes. Community offers 4 clubhouses, 5 pools, sauna, Jacuzzi, workout room, free cable service, and multiple activities for everyone to enjoy. Centrally located with close access to shopping, dining and entertainment. NO SPACE RENT! You own the land.
-
2022-06-27status Pending Sale 644-char remark
Show marketing remark (644 chars)
Newly REMODELED 3 bedroom 2 bath manufactured home in Sierra Dawn Estates 55+ community. Spacious Living Room, separate dinning room, Kitchen with lots of cabinet space and Breakfast Bar. New paint and flooring throughout. New Split system for ac and heat in the living room. Large spacious master with walk-in closet. Large enclosed patio in the back that could be used for many different purposes. Community offers 4 clubhouses, 5 pools, sauna, Jacuzzi, workout room, free cable service, and multiple activities for everyone to enjoy. Centrally located with close access to shopping, dining and entertainment. NO SPACE RENT! You own the land.
-
2022-06-22$134,900 Active 644-char remark
Show marketing remark (644 chars)
Newly REMODELED 3 bedroom 2 bath manufactured home in Sierra Dawn Estates 55+ community. Spacious Living Room, separate dinning room, Kitchen with lots of cabinet space and Breakfast Bar. New paint and flooring throughout. New Split system for ac and heat in the living room. Large spacious master with walk-in closet. Large enclosed patio in the back that could be used for many different purposes. Community offers 4 clubhouses, 5 pools, sauna, Jacuzzi, workout room, free cable service, and multiple activities for everyone to enjoy. Centrally located with close access to shopping, dining and entertainment. NO SPACE RENT! You own the land.
-
2020-06-01historical
-
2020-04-01price $55,000
-
2020-03-23$65,000 Active
-
2020-03-16soldstatus $50,000 Closed Sale
-
2020-03-16soldstatus $51,000
-
2020-02-18status Pending Sale
-
2020-02-11price $60,000
-
2020-01-26$70,000 Active
-
1991-10-22soldstatus $35,000
ⓘ 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
- $1,526 · $127/mo
- Projected year-2 tax
- $1,526 · $127/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 (shaded) · 0% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 7/10 Severe 6 d/yr ≥104°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 6/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,519
- − Mortgage interest
- −$8,962
- − Property taxes
- −$1,526
- − Insurance
- −$800
- − Repairs & maintenance
- −$1,882
- − Management
- −$1,882
- − HOA
- −$1,560
- − Depreciation
- −$4,655
- Taxable income
- $2,253
- Est. tax owed @ 24.0%
- −$541
- After-tax cash flow
- $4,085/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
- Hemet Unified
- NCES district ID
- 0616920
- Math proficiency
- 19% ▼ -3.00%
- Reading proficiency
- 41% ▲ 4.00%
- Median HH income
- $39,962
- Composite
- 25.16/100
- National rank
- #7517
- State rank
- #360 of 517 in CA
Livability — Hemet
- Score
- 51/100
- State rank
- #1056
- US rank
- #25208
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hemet, CA
- County
- Riverside County · 2,287,001 people
- City population
- 137,670
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 39,937
- Household income
- $49,396
- Rent vs Own
- Severe rent burden
- 2144.0
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 0.61)
- Race & ethnicity
- Hispanic / Latino 54% White 30% Two or more races 18% Black 10% Native American 2% Asian 2%
- Hispanic origin (detail)
- Mexican 48% Puerto Rican 1%
- Common ancestry
- Slovak 1% Romanian 1% Portuguese 1%
- Foreign-born
- 21% · Canada
- Languages at home
- 59% English-only · Spanish 38% Arabic 1% Tagalog/Filipino 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
- ▼ -147.46%
- Current HPI
- 405.1277
- Rent YoY
- ▲ 1.76%
- 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 |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+357.1% since first listed20 events — show timeline
- 2026-04-29 Relisted — CRMLS
- 2026-03-27 Relisted — CRMLS
- 2026-02-24 Relisted — CRMLS
- 2026-02-20 Pending — CRMLS
- 2026-02-17 Listed $160,000 CRMLS
- 2022-08-05 Sold (MLS) $129,900 CRMLS
- 2022-07-26 Pending — CRMLS
- 2022-07-14 Price Changed $129,900 CRMLS
- 2022-07-02 Relisted — CRMLS
- 2022-06-27 Pending — CRMLS
- 2022-06-22 Listed $134,900 CRMLS
- 2020-06-01 Listing Removed — CRMLS
- 2020-04-01 Price Changed $55,000 CRMLS
- 2020-03-23 Listed $65,000 CRMLS
- 2020-03-16 Sold (Public Records) $51,000 Public Records
- 2020-03-16 Sold (MLS) $50,000 CRMLS
- 2020-02-18 Pending — CRMLS
- 2020-02-11 Price Changed $60,000 CRMLS
- 2020-01-26 Listed $70,000 CRMLS
- 1991-10-22 Sold (Public Records) $35,000 Public Records
Property tax history
+8.5%/yrLatest (2025): $1,526 · +2.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…