84136 Avenue 44, #321 #321 · Indio, CA 92203

$79,500

1 bd · 1.0 ba · 400 sqft · Manufactured · 206 Days on market

Manufactured home Built 1991 Fair condition 2,061 sqft lot $199/sqft · 46% below area Est $148k · 46% under $570/mo HOA · 44% of rent

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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).

• ARV discount +15.0/15.0
• Cash flow +10.9/30.0
• 1% rule +10.0/10.0
• Rent growth +5.0/5.0
• Schools +4.6/10.0
• DSCR +3.2/10.0
• Livability +2.7/5.0
• Appreciation +2.5/10.0
• Condition / age +2.2/5.0
• Manufactured-home adj. -4.5

Listing remarks MLS

Nice Park Model with partially enclosed Deck, Morning Sun & Sunset Views, Kenmore Oven & Range, Hardwood Laminate Floring, rare 2 car covered Carport, Granite Counters in Bathroom with Tiled Backsplash, Recling Chair, Very Cute, Lots of sun, Outdoor Furniture, Golf Cart Included. Rancho Casa Blanca (RCB) features a beautifully landscaped 80-acre property with 801 individual Park Model homes/or RV sites, Two large clubhouses that function as social hubs & 4 satellite buildings with laundry facilities, mailboxes, heated pools & relaxing spas. As an owner you will enjoy FREE GOLF on your 18-hole par 3 golf course, a 9-hole putting course, 2 practice chipping/putting greens, 6 heated pools/spas, 2 tennis courts, 8 pickleball courts, shuffleboard courts, horseshoe pitch, fitness center & over 60 Clubs & Classes.

Key facts

• 2,061 sq ft lot
• 4 parking spots
• Built 1991

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $80k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $-35 ($-419/yr) — negative.
• To cash-flow at today's rent, offer at most $73k (7.8% below list).
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.8% vs local median 4.2% 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, crime F, amenities 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.
• Zoned schools: Desert Ridge Academy (math 24% / reading 75%, grade C, #98 of 498 statewide, top 21%, 1,030 students, 81% FRL); Shadow Hills High (math 30% / reading 53%, grade F, #498 of 1,170 statewide, top 43%, 1,751 students, 77% FRL) — zoned schools average 79% FRL vs 56% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+11.6%/yr); 785 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $550 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 ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 206 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $58k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 44% of rent.
• Climate carrying-cost: moderate flood risk; extreme-heat days projected 5→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $69,960 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 206 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.64% ✓
• Cap rate: 5.77%
• Cash-on-cash: -1.88%
• DSCR: 0.92
• GRM: 5.1

CMA / ARV

• ARV (median comp): $147,500
• List price: $79,500
• Delta: -46.10%
• 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 Avenue 44, #627 #627	0.08mi	1/1.0	400 (0%)	2mo	$115,000	$288	95
84136 Ave 44, #466 #466	0.08mi	1/1.0	400 (0%)	2mo	$170,000	$425	94
84136 84136 Avenue 44, #325 #325	0.03mi	1/1.0	400 (0%)	7mo	$79,000	$198	93
84136 Avenue 44 #477	0.08mi	1/1.0	400 (0%)	6mo	$95,000	$238	92
84136 Ave 44, #567 #567	0.08mi	1/1.0	400 (0%)	6mo	$90,000	$225	91
84136 Ave 44, #262 #262	0.15mi	1/1.0	400 (0%)	5mo	$192,500	$481	89
84136 Ave 44, #385 #385	0.13mi	1/1.0	400 (0%)	7mo	$178,000	$445	88
84136 Ave 44, #29 #29	0.18mi	1/1.0	400 (0%)	6mo	$90,000	$225	86
84136 Avenue 44, #449 #449	0.16mi	1/1.0	400 (0%)	7mo	$230,000	$575	86
84136 Ave 44 #122	0.22mi	1/1.0	400 (0%)	7mo	$125,000	$313	84
84136 Ave 44, #744 #744	0.27mi	1/1.0	400 (0%)	7mo	$176,000	$440	82
84136 Ave 44, 675 #675	0.27mi	1/1.0	400 (0%)	7mo	$205,000	$513	82

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: -8.8%
• Equity multiple: 0.65×
• Total profit: $-7,864
• Equity at exit: $11,854

10-year hold

• IRR: 9.6%
• Equity multiple: 2.04×
• Total profit: $23,089
• Equity at exit: $6,874

Cash invested: $22,260 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 80 active · 6 under contract
• Months of supply: 96.0 mo (1%/mo absorbed)
• Median asking: $129,000 ($322/sqft)
• Median days on market: 184 d
• This list price: 11% of active listings are priced below it
• ARV vs active asking: +14.3% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 92203

• Home prices YoY: -25.0%
• Rents YoY: 11.6%
• Active inventory: 785
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,307 medium
• Mortgage (P&I): −$417
• Tax from tax record: −$47 /mo · $566/yr
• Insurance: −$33
• HOA: −$570
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $-35

Break-even live

Break-even rent $1,351

Max offer price $73,327

Occupancy floor 98%

Sensitivity live

Price	-10% $10	-5% $-12	+0% $-35	+5% $-57	+10% $-80
Rent	-10% $-138	-5% $-87	+0% $-35	+5% $17	+10% $68
Rate	-1.0pp $5	-0.5pp $-15	base $-35	+0.5pp $-56	+1.0pp $-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: $19,875
• Closing costs: $2,385
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
83051 Emerald Ave Indio, CA	—	1.0	200	$1,100	$5.50	10d	1	0.98mi

Property features AI

Finance

• Other: PUD: YesDisclosures include CC&R, pet restrictions, planned development, property sold as-is, HOA disclosuresDirections: I-10 to Golf Center Parkway, north to Ave 44, right to community on the leftCommunity features include golf course within development, pickleball courts, lake/pond, and various recreational facilities
• Financial info: Sale terms: CashTurnkey included in sale
• HOA & community: Monthly HOA with numerous amenities (clubhouse, fitness center, courts, maintenance, security, water, trash, sewer, cable TV)Association fee $570 monthlyAssoc pet rules with size/breed limits and approval requiredSenior communityGated community with community mailbox and on-site management

Exterior

• Parking: Total parking for 4 vehicles2 covered spaces (carport)2 uncovered/driveway spaces
• Security: Controlled access24-hour securityGated communityCard/code access
• Utilities: Mutual water sourceSewer connected and paidCable TV available
• Home design: Attached propertyOne-level / single storySingle-wide mobile home
• Construction: Siding exteriorSlab foundation with quake bracing and pier jacksMobile home manufactured in 1991 by FleetwoodSingle-wide model CCHSkirted with siding
• Exterior features: Covered patioCorners markedUtilities undergroundSingle lotLandscapedState road frontage24-hour securityGated communityCommunity access with card/code

Interior

• Kitchen: Formica countersRefrigeratorMicrowaveGas rangeExhaust fan
• Bedrooms: Main floor bedroom
• Flooring: Laminate
• Bathrooms: One full bath with shower and tub
• Heating & cooling: Heat pump heatingAir conditioningElectric heating fuel
• Interior features: Blinds on windowsTurnkey / furnishedLiving room entryDining areaLiving room
• Laundry & utility: Community laundryElectric water heater

HOA detail $570/mo · $6,840/yr

• Likely covers: poolgym

Listing history 50 events

1. 2026-11-08
   days on market $79,500 Active 206 DOM
2. 2026-11-07
   days on market $79,500 Active 205 DOM
3. 2026-11-06
   days on market $79,500 Active 204 DOM
4. 2026-11-05
   days on market $79,500 Active 203 DOM
5. 2026-11-04
   days on market $79,500 Active 202 DOM
6. 2026-11-02
   days on market $79,500 Active 200 DOM
7. 2026-11-01
   days on market $79,500 Active 199 DOM
8. 2026-10-31
   days on market $79,500 Active 198 DOM
9. 2026-10-30
   days on market $79,500 Active 197 DOM
10. 2026-10-29
    days on market $79,500 Active 196 DOM
11. 2026-10-28
    days on market $79,500 Active 195 DOM
12. 2026-10-27
    days on market $79,500 Active 194 DOM
13. 2026-10-26
    days on market $79,500 Active 193 DOM
14. 2026-10-25
    days on market $79,500 Active 192 DOM
15. 2026-10-24
    days on market $79,500 Active 191 DOM
16. 2026-10-23
    days on market $79,500 Active 190 DOM
17. 2026-10-22
    days on market $79,500 Active 189 DOM
18. 2026-10-21
    days on market $79,500 Active 188 DOM
19. 2026-10-20
    days on market $79,500 Active 187 DOM
20. 2026-10-19
    days on market $79,500 Active 186 DOM
21. 2026-10-18
    days on market $79,500 Active 185 DOM
22. 2026-10-17
    days on market $79,500 Active 184 DOM
23. 2026-10-16
    days on market $79,500 Active 183 DOM
24. 2026-10-15
    days on market $79,500 Active 182 DOM
25. 2026-10-14
    days on market $79,500 Active 181 DOM
26. 2026-10-13
    days on market $79,500 Active 180 DOM
27. 2026-10-12
    days on market $79,500 Active 179 DOM
28. 2026-10-11
    days on market $79,500 Active 178 DOM
29. 2026-10-10
    days on market $79,500 Active 177 DOM
30. 2026-10-09
    days on market $79,500 Active 176 DOM
31. 2026-10-08
    days on market $79,500 Active 175 DOM
32. 2026-10-07
    days on market $79,500 Active 174 DOM
33. 2026-10-06
    days on market $79,500 Active 173 DOM
34. 2026-10-05
    days on market $79,500 Active 172 DOM
35. 2026-10-04
    days on market $79,500 Active 171 DOM
36. 2026-10-04
    days on market $79,500 Active 170 DOM
37. 2026-10-02
    days on market $79,500 Active 169 DOM
38. 2026-10-01
    days on market $79,500 Active 168 DOM
39. 2026-09-30
    days on market $79,500 Active 167 DOM
40. 2026-09-29
    days on market $79,500 Active 166 DOM
41. 2026-09-28
    days on market $79,500 Active 165 DOM
42. 2026-09-27
    days on market $79,500 Active 164 DOM
43. 2026-09-26
    days on market $79,500 Active 163 DOM
44. 2026-09-25
    days on market $79,500 Active 162 DOM
45. 2026-09-24
    days on market $79,500 Active 161 DOM
46. 2026-09-23
    days on market $79,500 Active 160 DOM
47. 2026-09-22
    days on market $79,500 Active 159 DOM
48. 2026-09-21
    days on market $79,500 Active 158 DOM
49. 2026-09-20
    days on market $79,500 Active 157 DOM
50. 2026-09-19
    days on market $79,500 Active 156 DOM

ⓘ 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: $566 · $47/mo
• Projected year-2 tax: $604 · $50/mo
• Expected delta: +$38/yr (+$3/mo · 6.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 14% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 5 d/yr ≥115°F today · 12 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: $15,680
• − Mortgage interest: −$4,453
• − Property taxes: −$566
• − Insurance: −$398
• − Repairs & maintenance: −$1,254
• − Management: −$1,254
• − HOA: −$6,840
• − Depreciation: −$2,313
• Taxable loss: −$1,398
• Est. tax savings @ 24.0%: +$336
• After-tax cash flow: $-84/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 · 9 photos

Fair 45/100 Cosmetic rehab Est. rehab $2,000–$6,000 screening

The home is in fair condition with cosmetic repairs needed to the exterior siding and paint. Landscaping and HVAC maintenance are also recommended to improve its resale and rental value.

Repairs flagged

• Major Exterior siding and paint — The siding and paint are faded and in need of touch-up.
• Minor Landscaping — Some plants and trees need trimming and maintenance.

Value-add opportunities

• Resale Paint touch-up and exterior siding repair — Fresh paint and repairs to the siding will improve the home's curb appeal and make it more attractive to potential buyers. ↑
• Rental Landscaping maintenance — Well-maintained landscaping can attract tenants and add to the home's rental value. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 46/100

Zoned Schools

Elementary Andrew Jackson Elementary Middle Desert Ridge Academy C CA #98/498 Nat'l #3,558/14,009 High Shadow Hills High F CA #498/1,170 Nat'l #7,907/17,239

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

D Composite livability gradescore 53/100

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 · 2,664,475 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: 20% of renters

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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%

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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%
• Languages at home: 64% English-only · Spanish 33% Tagalog/Filipino 1% Other Indo-European 1%

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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

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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

Property features AI

Finance

• Other: PUD: YesDisclosures include CC&R, pet restrictions, planned development, property sold as-is, HOA disclosuresDirections: I-10 to Golf Center Parkway, north to Ave 44, right to community on the leftCommunity features include golf course within development, pickleball courts, lake/pond, and various recreational facilities
• Financial info: Sale terms: CashTurnkey included in sale
• HOA & community: Monthly HOA with numerous amenities (clubhouse, fitness center, courts, maintenance, security, water, trash, sewer, cable TV)Association fee $570 monthlyAssoc pet rules with size/breed limits and approval requiredSenior communityGated community with community mailbox and on-site management

Exterior

• Parking: Total parking for 4 vehicles2 covered spaces (carport)2 uncovered/driveway spaces
• Security: Controlled access24-hour securityGated communityCard/code access
• Utilities: Mutual water sourceSewer connected and paidCable TV available
• Home design: Attached propertyOne-level / single storySingle-wide mobile home
• Construction: Siding exteriorSlab foundation with quake bracing and pier jacksMobile home manufactured in 1991 by FleetwoodSingle-wide model CCHSkirted with siding
• Exterior features: Covered patioCorners markedUtilities undergroundSingle lotLandscapedState road frontage24-hour securityGated communityCommunity access with card/code

Interior

• Kitchen: Formica countersRefrigeratorMicrowaveGas rangeExhaust fan
• Bedrooms: Main floor bedroom
• Flooring: Laminate
• Bathrooms: One full bath with shower and tub
• Heating & cooling: Heat pump heatingAir conditioningElectric heating fuel
• Interior features: Blinds on windowsTurnkey / furnishedLiving room entryDining areaLiving room
• Laundry & utility: Community laundryElectric water heater

Price history

+8.9% since first listed

13 events — show timeline

• 2026-05-12 Price Changed $79,500 GPSMLS
• 2026-03-17 Listed $84,500 GPSMLS
• 2025-08-30 Listed — TheMLS
• 2020-07-10 Listing Removed — GPSMLS
• 2020-07-09 Sold (MLS) $58,000 GPSMLS
• 2020-07-08 Sold (Public Records) $35,000 Public Records
• 2020-06-11 Pending — GPSMLS
• 2020-02-17 Price Changed $59,999 GPSMLS
• 2020-01-21 Price Changed $64,999 GPSMLS
• 2019-12-26 Price Changed $72,999 GPSMLS
• 2019-12-26 Price Changed $58,999 GPSMLS
• 2019-12-12 Price Changed $49,999 GPSMLS
• 2019-12-02 Listed $72,999 GPSMLS

Property tax history

+0.3%/yr

Latest (2013): $566 · -3.9% YoY. Source: county tax records.