3 Mckinley St · Cathedral City, CA
Flood risk 5/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.52%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 9/10 · Severe
- Hot days now (above 112°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
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
- Rent growth +3.3/5.0
- Livability +3.3/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$95,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
2-bedroom, 2-bath home combines comfort, convenience. Features a full bath inside, complemented by an outdoor shower, and a wide, comfortable patio overlooking the front yard on a large lot with a view. Equipped with two wall air conditioners and a powerful swamp cooler to keep the home cool, this property also offers versatility with the potential to convert the living room into an additional bedroom using a sliding door for guest privacy. The property features two sheds: one houses a stackable washer and dryer, and the other is a standalone shed for additional storage. Located in a vacation-home community with year-round owners, the community is next door to Palm Springs and Rancho Mirage, with a short drive to Coachella Valley cities. Palm Springs International Airport is just 15 minutes away, and the Amtrak Train Station is 20 minutes away, offering free overnight parking. The community amenities include a pool, jacuzzi, shuffleboard tournaments, ping-pong, a piano, a pool table, a card table, a community room with a kitchen, and an adjacent ballroom with a stage and a banquet kitchen for larger gatherings. The lot is 2,400 sq ft, providing ample space for potential growth with park management's permission. Tramview is a 55+ Senior community with a space rent of approximately $915/month. The Park Pre-Sale Inspection has been completed and approved by the Park, and seller repairs have been completed; home is ready for occupancy. Seller reviewing offers.
Key facts
- Two sheds
- 2,500 sq ft lot
- 2 parking spots
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $95k.
Deal economics
- At list price, monthly cash flow is $776 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $95k).
- Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
- Cap rate 16.1% vs local median 5.1% in Cathedral City — 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 66/100 on livability (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, schools F, amenities D-.
- 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 (+3.2%/yr); 530 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $657 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 + 3.2% rent growth), your $27k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 316 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 21y 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 $18k; list at $95k implies a 428% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: moderate flood risk; extreme-heat days projected 7→21/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 316 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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?
- 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
- 1.91% ✓
- Cap rate
- 16.10%
- Cash-on-cash
- 35.03%
- DSCR
- 2.56
- GRM
- 4.4
CMA / ARV
- ARV (median comp)
- $23,316
- List price
- $95,000
- Delta
- 307.44%
- Verdict
- OVERPRICED
- Comps
- 4 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 15 Garfield | 0.10mi | 1/1.0 (-1) | 576 (-4%) | 9mo | $16,500 | $29 | 72 |
| 17 Arthur Dr | 0.07mi | 2/1.0 | 672 (+12%) | 0mo | $23,000 | $34 | 72 |
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
- IRR
- 30.8%
- Equity multiple
- 2.30×
- Total profit
- $34,490
- Equity at exit
- $14,165
- IRR
- 38.2%
- Equity multiple
- 4.59×
- Total profit
- $95,484
- Equity at exit
- $8,214
Cash invested: $26,600 (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 92234
- Home prices YoY
- -27.7%
- Rents YoY
- 3.2%
- Active inventory
- 530
- Price-to-rent
- 4.4×
Monthly cashflow live
- Estimated rent
- $1,814 high interval (Pro) →
- Mortgage (P&I)
- −$498
- Tax est. 1.5%
- −$119 /mo · $1,425/yr
- Insurance
- −$40
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$381
- Net cashflow
- $776
Break-even live
Sensitivity live
| Price | -10% $842 | -5% $809 | +0% $776 | +5% $744 | +10% $711 |
|---|---|---|---|---|---|
| Rent | -10% $633 | -5% $705 | +0% $776 | +5% $848 | +10% $920 |
| Rate | -1.0pp $824 | -0.5pp $801 | base $776 | +0.5pp $752 | +1.0pp $727 |
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
- $23,750
- Closing costs
- $2,850
- 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 24 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 36953 Bankside Dr Unit 10 Cathedral City, CA | 1.0 | 1.0 | 700 | $1,495 | $2.14 | 23d | 1 | 0.65mi |
| 36953 Bankside Dr Unit 5 Cathedral City, CA | 1.0 | 1.0 | 700 | $1,595 | $2.28 | 3d | 1 | 0.65mi |
| 36953 Bankside Dr Unit A Cathedral City, CA | 1.0 | 1.0 | 700 | $1,495 | $2.14 | 25d | 1 | 0.65mi |
| 36957 Melrose Dr Unit C Cathedral City, CA | 1.0 | 1.0 | 700 | $1,495 | $2.14 | 25d | 1 | 0.68mi |
| 36957 Melrose Dr Unit 7 Cathedral City, CA | 1.0 | 1.0 | 700 | $1,495 | $2.14 | 23d | 1 | 0.68mi |
| 36947 Melrose Dr Unit 4 Cathedral City, CA | 1.0 | 1.0 | 700 | $1,595 | $2.28 | 25d | 1 | 0.69mi |
| 36947 Melrose Dr Unit D Cathedral City, CA | 1.0 | 1.0 | 700 | $1,595 | $2.28 | 23d | 1 | 0.69mi |
| 36947 Melrose Dr Unit 4 Cathedral City, CA | 1.0 | 1.0 | 700 | $1,595 | $2.28 | 4d | 1 | 0.69mi |
| 68365 Tahquitz Rd Unit 8 Cathedral City, CA | 1.0 | 1.0 | 600 | $1,695 | $2.83 | 4d | 1 | 0.78mi |
| 68365 Tahquitz Rd Unit 6 Cathedral City, CA | 1.0 | 1.0 | 600 | $1,695 | $2.83 | 23d | 1 | 0.78mi |
| 37112 Palo Verde Dr Unit 4 Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 4d | 1 | 0.82mi |
| 37112 Palo Verde Dr Unit 4 Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 25d | 1 | 0.82mi |
| 37112 Palo Verde Dr Unit 3 Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 23d | 1 | 0.82mi |
| 37156 Palo Verde Dr Unit D Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 25d | 1 | 0.84mi |
| 37156 Palo Verde Dr Unit 5 Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 23d | 1 | 0.84mi |
| 37156 Palo Verde Dr Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 4d | 1 | 0.84mi |
| 68460 Kings Rd Unit 3 Cathedral City, CA | 1.0 | 1.0 | 600 | $1,695 | $2.83 | 4d | 1 | 0.84mi |
| 68460 Kings Rd Unit C Cathedral City, CA | 1.0 | 1.0 | 600 | $1,695 | $2.83 | 23d | 1 | 0.84mi |
| 37111 Cathedral Canyon Dr Unit B Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 3d | 1 | 0.85mi |
| 37111 Cathedral Canyon Dr Unit A Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 25d | 1 | 0.85mi |
| 37111 Cathedral Canyon Dr Unit 2 Cathedral City, CA | 1.0 | 1.0 | 600 | $1,595 | $2.66 | 23d | 1 | 0.85mi |
| 37700 Van Fleet St Unit 3 Cathedral City, CA | 1.0 | 1.0 | 525 | $1,395 | $2.66 | 45d | 1 | 1.25mi |
| 38501 Bel Air Dr Cathedral City, CA | 1.0 | 1.0 | 468 | $1,600 | $3.42 | 19d | 1 | 1.41mi |
| 69333 E Palm Canyon Dr Spc 176 Cathedral City, CA | 1.0 | 1.0 | 560 | $1,500 | $2.68 | 0d | 1 | 1.49mi |
Listing history 24 events
-
2026-06-21days on market $95,000 Active 316 DOM
-
2026-06-18days on market $95,000 Active 313 DOM
-
2026-06-17days on market $95,000 Active 312 DOM
-
2026-06-16days on market $95,000 Active 311 DOM
-
2026-06-15days on market $95,000 Active 310 DOM
-
2026-06-13days on market $95,000 Active 308 DOM
-
2026-06-13days on market $95,000 Active 307 DOM
-
2026-06-09days on market $95,000 Active 304 DOM
-
2026-06-08days on market $95,000 Active 303 DOM
-
2026-06-07days on market $95,000 Active 302 DOM
-
2026-06-04days on market $95,000 Active 299 DOM
-
2026-06-03days on market $95,000 Active 298 DOM
-
2026-06-02days on market $95,000 Active 297 DOM
-
2026-06-01days on market $95,000 Active 296 DOM
-
2026-05-31days on market $95,000 Active 295 DOM
-
2025-08-08$95,000 Active 1480-char remark
Show marketing remark (1480 chars)
2-bedroom, 2-bath home combines comfort, convenience. Features a full bath inside, complemented by an outdoor shower, and a wide, comfortable patio overlooking the front yard on a large lot with a view. Equipped with two wall air conditioners and a powerful swamp cooler to keep the home cool, this property also offers versatility with the potential to convert the living room into an additional bedroom using a sliding door for guest privacy. The property features two sheds: one houses a stackable washer and dryer, and the other is a standalone shed for additional storage. Located in a vacation-home community with year-round owners, the community is next door to Palm Springs and Rancho Mirage, with a short drive to Coachella Valley cities. Palm Springs International Airport is just 15 minutes away, and the Amtrak Train Station is 20 minutes away, offering free overnight parking. The community amenities include a pool, jacuzzi, shuffleboard tournaments, ping-pong, a piano, a pool table, a card table, a community room with a kitchen, and an adjacent ballroom with a stage and a banquet kitchen for larger gatherings. The lot is 2,400 sq ft, providing ample space for potential growth with park management's permission. Tramview is a 55+ Senior community with a space rent of approximately $915/month. The Park Pre-Sale Inspection has been completed and approved by the Park, and seller repairs have been completed; home is ready for occupancy. Seller reviewing offers.
-
2021-05-14soldstatus $18,000 Closed 1398-char remark
Show marketing remark (1398 chars)
Welcome to your new 2 Bedroom 1 Bath home with separated bedrooms. This is one of a very few homes that are still on the DMV (Department of Motor Vehicles) which makes the purchase extremely easy. The bright and airy interior is accented with the large covered terrace facing east over the white picket fenced front yard - feels like your living in a 1950's tv show - Donna Reed or the Burns and Allen Show - or Leave it to Beaver and Barbara Billingsley's Pearl Necklace! In addition to the covered terrace, there is the stackable Washer/Dryer Shed, the regular storage shed and the sale includes a Golf Cart. Tramview offers a Large Community Pool, Spa, Clubhouse, Shuffleboard and is located a few blocks from Trader Joe's, Target, Bart's Bar and the Barracks. The new Agua Caliente Casino is a few blocks to the east and the Palm Springs Airport is about 10-15 minutes away as well. PLEASE NOTE: Tramview is a 55+ year old Senior Community. In order to qualify to purchase a home, all buyer's need to be approved by park management prior to submitting an offer. The monthly space rent is $735.00 plus utilities. The $735.00 includes water, sewer and trash bins located at two areas in the community. Potential buyers need monthly earnings of at least 3 times the monthly space rent. For additional questions, please contact Sylvia, the manager, at 760-699-8091. Thank you and have a Great Day!
-
2021-05-07historical Active Under Contract 1398-char remark
Show marketing remark (1398 chars)
Welcome to your new 2 Bedroom 1 Bath home with separated bedrooms. This is one of a very few homes that are still on the DMV (Department of Motor Vehicles) which makes the purchase extremely easy. The bright and airy interior is accented with the large covered terrace facing east over the white picket fenced front yard - feels like your living in a 1950's tv show - Donna Reed or the Burns and Allen Show - or Leave it to Beaver and Barbara Billingsley's Pearl Necklace! In addition to the covered terrace, there is the stackable Washer/Dryer Shed, the regular storage shed and the sale includes a Golf Cart. Tramview offers a Large Community Pool, Spa, Clubhouse, Shuffleboard and is located a few blocks from Trader Joe's, Target, Bart's Bar and the Barracks. The new Agua Caliente Casino is a few blocks to the east and the Palm Springs Airport is about 10-15 minutes away as well. PLEASE NOTE: Tramview is a 55+ year old Senior Community. In order to qualify to purchase a home, all buyer's need to be approved by park management prior to submitting an offer. The monthly space rent is $735.00 plus utilities. The $735.00 includes water, sewer and trash bins located at two areas in the community. Potential buyers need monthly earnings of at least 3 times the monthly space rent. For additional questions, please contact Sylvia, the manager, at 760-699-8091. Thank you and have a Great Day!
-
2021-04-06price $22,000 1398-char remark
Show marketing remark (1398 chars)
Welcome to your new 2 Bedroom 1 Bath home with separated bedrooms. This is one of a very few homes that are still on the DMV (Department of Motor Vehicles) which makes the purchase extremely easy. The bright and airy interior is accented with the large covered terrace facing east over the white picket fenced front yard - feels like your living in a 1950's tv show - Donna Reed or the Burns and Allen Show - or Leave it to Beaver and Barbara Billingsley's Pearl Necklace! In addition to the covered terrace, there is the stackable Washer/Dryer Shed, the regular storage shed and the sale includes a Golf Cart. Tramview offers a Large Community Pool, Spa, Clubhouse, Shuffleboard and is located a few blocks from Trader Joe's, Target, Bart's Bar and the Barracks. The new Agua Caliente Casino is a few blocks to the east and the Palm Springs Airport is about 10-15 minutes away as well. PLEASE NOTE: Tramview is a 55+ year old Senior Community. In order to qualify to purchase a home, all buyer's need to be approved by park management prior to submitting an offer. The monthly space rent is $735.00 plus utilities. The $735.00 includes water, sewer and trash bins located at two areas in the community. Potential buyers need monthly earnings of at least 3 times the monthly space rent. For additional questions, please contact Sylvia, the manager, at 760-699-8091. Thank you and have a Great Day!
-
2021-01-24price $25,000 1398-char remark
Show marketing remark (1398 chars)
Welcome to your new 2 Bedroom 1 Bath home with separated bedrooms. This is one of a very few homes that are still on the DMV (Department of Motor Vehicles) which makes the purchase extremely easy. The bright and airy interior is accented with the large covered terrace facing east over the white picket fenced front yard - feels like your living in a 1950's tv show - Donna Reed or the Burns and Allen Show - or Leave it to Beaver and Barbara Billingsley's Pearl Necklace! In addition to the covered terrace, there is the stackable Washer/Dryer Shed, the regular storage shed and the sale includes a Golf Cart. Tramview offers a Large Community Pool, Spa, Clubhouse, Shuffleboard and is located a few blocks from Trader Joe's, Target, Bart's Bar and the Barracks. The new Agua Caliente Casino is a few blocks to the east and the Palm Springs Airport is about 10-15 minutes away as well. PLEASE NOTE: Tramview is a 55+ year old Senior Community. In order to qualify to purchase a home, all buyer's need to be approved by park management prior to submitting an offer. The monthly space rent is $735.00 plus utilities. The $735.00 includes water, sewer and trash bins located at two areas in the community. Potential buyers need monthly earnings of at least 3 times the monthly space rent. For additional questions, please contact Sylvia, the manager, at 760-699-8091. Thank you and have a Great Day!
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2020-12-02price $30,000 1398-char remark
Show marketing remark (1398 chars)
Welcome to your new 2 Bedroom 1 Bath home with separated bedrooms. This is one of a very few homes that are still on the DMV (Department of Motor Vehicles) which makes the purchase extremely easy. The bright and airy interior is accented with the large covered terrace facing east over the white picket fenced front yard - feels like your living in a 1950's tv show - Donna Reed or the Burns and Allen Show - or Leave it to Beaver and Barbara Billingsley's Pearl Necklace! In addition to the covered terrace, there is the stackable Washer/Dryer Shed, the regular storage shed and the sale includes a Golf Cart. Tramview offers a Large Community Pool, Spa, Clubhouse, Shuffleboard and is located a few blocks from Trader Joe's, Target, Bart's Bar and the Barracks. The new Agua Caliente Casino is a few blocks to the east and the Palm Springs Airport is about 10-15 minutes away as well. PLEASE NOTE: Tramview is a 55+ year old Senior Community. In order to qualify to purchase a home, all buyer's need to be approved by park management prior to submitting an offer. The monthly space rent is $735.00 plus utilities. The $735.00 includes water, sewer and trash bins located at two areas in the community. Potential buyers need monthly earnings of at least 3 times the monthly space rent. For additional questions, please contact Sylvia, the manager, at 760-699-8091. Thank you and have a Great Day!
-
2020-09-04$35,000 Active 1398-char remark
Show marketing remark (1398 chars)
Welcome to your new 2 Bedroom 1 Bath home with separated bedrooms. This is one of a very few homes that are still on the DMV (Department of Motor Vehicles) which makes the purchase extremely easy. The bright and airy interior is accented with the large covered terrace facing east over the white picket fenced front yard - feels like your living in a 1950's tv show - Donna Reed or the Burns and Allen Show - or Leave it to Beaver and Barbara Billingsley's Pearl Necklace! In addition to the covered terrace, there is the stackable Washer/Dryer Shed, the regular storage shed and the sale includes a Golf Cart. Tramview offers a Large Community Pool, Spa, Clubhouse, Shuffleboard and is located a few blocks from Trader Joe's, Target, Bart's Bar and the Barracks. The new Agua Caliente Casino is a few blocks to the east and the Palm Springs Airport is about 10-15 minutes away as well. PLEASE NOTE: Tramview is a 55+ year old Senior Community. In order to qualify to purchase a home, all buyer's need to be approved by park management prior to submitting an offer. The monthly space rent is $735.00 plus utilities. The $735.00 includes water, sewer and trash bins located at two areas in the community. Potential buyers need monthly earnings of at least 3 times the monthly space rent. For additional questions, please contact Sylvia, the manager, at 760-699-8091. Thank you and have a Great Day!
-
2005-03-17historical
-
2005-01-27$25,000
ⓘ 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 5/10 Major FEMA zone X (shaded) · 52% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥112°F today · 21 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,767
- − Mortgage interest
- −$5,321
- − Property taxes
- −$1,425
- − Insurance
- −$475
- − Repairs & maintenance
- −$1,741
- − Management
- −$1,741
- − Depreciation
- −$2,764
- Taxable income
- $8,299
- Est. tax owed @ 24.0%
- −$1,992
- After-tax cash flow
- $7,326/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
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
- 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 |
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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
+280.0% since first listed9 events — show timeline
- 2025-08-08 Listed $95,000 TheMLS
- 2021-05-14 Sold (MLS) $18,000 GPSMLS
- 2021-05-07 Contingent — GPSMLS
- 2021-04-06 Price Changed $22,000 GPSMLS
- 2021-01-24 Price Changed $25,000 GPSMLS
- 2020-12-02 Price Changed $30,000 GPSMLS
- 2020-09-04 Listed $35,000 GPSMLS
- 2005-03-17 Listing Removed — GPSMLS
- 2005-01-27 Listed $25,000 GPSMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…