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5723 Colorado
C- Composite 51.17
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 +21.6/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.9/10.0
  • 1% rule +4.7/10.0
  • Schools +3.0/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$250,000

5723 Colorado · Midpines, CA 95338
6 bd · 4.0 ba · 1,600 sqft · SingleFamily public records · 17 Days on market
Built 1975 5.00 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

True fixer upper in a great location with so much potential. Mountain views and a versatile lot. Build your dream home, operate a short term rental, even add an additional home with even better views! Brand new roof.

Key facts

  • Brand new roof
  • Mountain views
  • Versatile lot

Tags

MOUNTAIN VIEWSVERSATILE LOTBRAND NEW ROOF

Property features AI

Finance

  • Other: Single-family dwelling (one total unit); No ADU
  • Financial info: Assessment status unknown
  • HOA & community: Community is rural with hiking

Exterior

  • Parking: Parking details not provided
  • Utilities: Private well water; Septic system (type unknown); Sewer connected; Electricity available
  • Home design: Single-story; Entry level is 1
  • Construction: Composition roof
  • Exterior features: House (single unit); No pool; Rural setting with hiking nearby; Property has a view; Lot reported as 0–1 unit/acre

Interior

  • Kitchen: Kitchen (appliances not specified)
  • Bedrooms: Three main-floor bedrooms
  • Bathrooms: Two full bathrooms on the main level
  • Heating & cooling: Wood-burning free‑standing fireplace
  • Interior features: One-level home; Side entry; Unfinished basement; Basement area includes laundry
  • Laundry & utility: Inside laundry room; Individual laundry room; Washer hookup; Washer included

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 6-bed/4.0-bath single-family listed at $250k.

Deal economics

  • At list price, monthly cash flow is $381 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $241k (3.5% below list).
  • Recommended offer: $241k (3.5% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 50/100 on livability (#1,137 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+, crime A, commute B+; Watch: schools F, amenities F, employment F.
  • Mariposa County Unified (rural): math 27% / reading 42% proficiency, ranked #282 of 517 in CA (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 170 active listings in the ZIP; 89 units permitted in Mariposa County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Mariposa County population projected at -23% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 17 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
  • 4 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.
  • Current owner paid $145k; list at $250k implies a 72% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $241,369 (3.5% below list)

Questions for the listing agent

  1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
0.97%
Cap rate
8.12%
Cash-on-cash
6.54%
DSCR
1.29
GRM
8.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-6.3%
Equity multiple
0.77×
Total profit
$-16,311
Equity at exit
$37,276
10-year hold
IRR
3.3%
Equity multiple
1.24×
Total profit
$16,713
Equity at exit
$21,615

Cash invested: $70,000 (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.

ZIP-level market 95338

Active inventory
170
Price-to-rent
8.6×

Monthly cashflow live

Estimated rent
$2,414 medium interval (Pro) →
Mortgage (P&I)
$1,311
Tax from tax record
$110 /mo · $1,323/yr
Insurance
$104
HOA
$0
Vacancy / Maint / Mgmt
$507
Net cashflow
$381

Break-even live

Break-even rent $1,931
Max offer price $250,000
Occupancy floor 79%

Sensitivity live

Price -10% $523 -5% $452 +0% $381 +5% $311 +10% $240
Rent -10% $191 -5% $286 +0% $381 +5% $477 +10% $572
Rate -1.0pp $507 -0.5pp $445 base $381 +0.5pp $317 +1.0pp $251

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
$62,500
Closing costs
$7,500
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.

Listing history 26 events

  1. 2026-06-21
    days on market $250,000 Active 17 DOM
  2. 2026-06-19
    days on market $250,000 Active 15 DOM
  3. 2026-06-18
    days on market $250,000 Active 14 DOM
  4. 2026-06-17
    days on market $250,000 Active 13 DOM
  5. 2026-06-16
    days on market $250,000 Active 12 DOM
  6. 2026-06-15
    days on market $250,000 Active 11 DOM
  7. 2026-06-14
    days on market $250,000 Active 9 DOM
  8. 2026-06-13
    days on market $250,000 Active 8 DOM
  9. 2026-06-10
    days on market $250,000 Active 6 DOM
  10. 2026-06-09
    days on market $250,000 Active 5 DOM
  11. 2026-06-08
    days on market $250,000 Active 4 DOM
  12. 2026-06-07
    remarks 402-char remark
  13. 2026-06-07
    days on market $250,000 Active 3 DOM
  14. 2026-06-05
    status $250,000 Active 1 DOM
  15. 2026-05-14
    status Pending Sale
    Show marketing remark (216 chars)

    True fixer upper in a great location with so much potential. Mountain views and a versatile lot. Build your dream home, operate a short term rental, even add an additional home with even better views! Brand new roof.

  16. 2026-05-14
    historical 216-char remark
    Show marketing remark (216 chars)

    True fixer upper in a great location with so much potential. Mountain views and a versatile lot. Build your dream home, operate a short term rental, even add an additional home with even better views! Brand new roof.

  17. 2026-05-14
    listed $250,000 Active
    Show marketing remark (216 chars)

    True fixer upper in a great location with so much potential. Mountain views and a versatile lot. Build your dream home, operate a short term rental, even add an additional home with even better views! Brand new roof.

  18. 2026-05-07
    listed $250,000 216-char remark
    Show marketing remark (216 chars)

    True fixer upper in a great location with so much potential. Mountain views and a versatile lot. Build your dream home, operate a short term rental, even add an additional home with even better views! Brand new roof.

  19. 2026-04-22
    soldstatus $145,000 Closed Sale 1140-char remark
    Show marketing remark (1140 chars)

    Bring your tools and vision to transform this fixer into a secluded mountain gem! Set on 5 private acres on the outskirts of Yosemite National Park, this home feels removed, but is only 15 minutes from the amenities in the town of Mariposa. There is lots of potential with the current layout - with 3 bedrooms, 2 full bathrooms, ample living space and a spacious kitchen, the living area is more than suitable for families and vacationers alike. In addition to what the living space offers, the home also features an expansive sunroom overlooking the mountains with windows bringing in natural light from almost every angle. The home also features a spacious basement area that would be highly suitable for a garage conversion, with 2 separate utility rooms that are perfect for storage or office space. This home needs a fresh start from head to toe - it's a blank canvas that is ready for a full restoration, and it is easy to envision the potential that this place has to offer once fully renovated. If you're looking for a project that you can truly make your own, look no further! This home is being sold as-is and is a cash-only sale.

  20. 2026-04-22
    soldstatus $145,000 Sold
    Show marketing remark (1140 chars)

    Bring your tools and vision to transform this fixer into a secluded mountain gem! Set on 5 private acres on the outskirts of Yosemite National Park, this home feels removed, but is only 15 minutes from the amenities in the town of Mariposa. There is lots of potential with the current layout - with 3 bedrooms, 2 full bathrooms, ample living space and a spacious kitchen, the living area is more than suitable for families and vacationers alike. In addition to what the living space offers, the home also features an expansive sunroom overlooking the mountains with windows bringing in natural light from almost every angle. The home also features a spacious basement area that would be highly suitable for a garage conversion, with 2 separate utility rooms that are perfect for storage or office space. This home needs a fresh start from head to toe - it's a blank canvas that is ready for a full restoration, and it is easy to envision the potential that this place has to offer once fully renovated. If you're looking for a project that you can truly make your own, look no further! This home is being sold as-is and is a cash-only sale.

  21. 2026-04-10
    status Pending Sale 1140-char remark
    Show marketing remark (1140 chars)

    Bring your tools and vision to transform this fixer into a secluded mountain gem! Set on 5 private acres on the outskirts of Yosemite National Park, this home feels removed, but is only 15 minutes from the amenities in the town of Mariposa. There is lots of potential with the current layout - with 3 bedrooms, 2 full bathrooms, ample living space and a spacious kitchen, the living area is more than suitable for families and vacationers alike. In addition to what the living space offers, the home also features an expansive sunroom overlooking the mountains with windows bringing in natural light from almost every angle. The home also features a spacious basement area that would be highly suitable for a garage conversion, with 2 separate utility rooms that are perfect for storage or office space. This home needs a fresh start from head to toe - it's a blank canvas that is ready for a full restoration, and it is easy to envision the potential that this place has to offer once fully renovated. If you're looking for a project that you can truly make your own, look no further! This home is being sold as-is and is a cash-only sale.

  22. 2026-04-10
    status Pending
    Show marketing remark (1140 chars)

    Bring your tools and vision to transform this fixer into a secluded mountain gem! Set on 5 private acres on the outskirts of Yosemite National Park, this home feels removed, but is only 15 minutes from the amenities in the town of Mariposa. There is lots of potential with the current layout - with 3 bedrooms, 2 full bathrooms, ample living space and a spacious kitchen, the living area is more than suitable for families and vacationers alike. In addition to what the living space offers, the home also features an expansive sunroom overlooking the mountains with windows bringing in natural light from almost every angle. The home also features a spacious basement area that would be highly suitable for a garage conversion, with 2 separate utility rooms that are perfect for storage or office space. This home needs a fresh start from head to toe - it's a blank canvas that is ready for a full restoration, and it is easy to envision the potential that this place has to offer once fully renovated. If you're looking for a project that you can truly make your own, look no further! This home is being sold as-is and is a cash-only sale.

  23. 2026-01-13
    listed $185,000 Active 1140-char remark
    Show marketing remark (1140 chars)

    Bring your tools and vision to transform this fixer into a secluded mountain gem! Set on 5 private acres on the outskirts of Yosemite National Park, this home feels removed, but is only 15 minutes from the amenities in the town of Mariposa. There is lots of potential with the current layout - with 3 bedrooms, 2 full bathrooms, ample living space and a spacious kitchen, the living area is more than suitable for families and vacationers alike. In addition to what the living space offers, the home also features an expansive sunroom overlooking the mountains with windows bringing in natural light from almost every angle. The home also features a spacious basement area that would be highly suitable for a garage conversion, with 2 separate utility rooms that are perfect for storage or office space. This home needs a fresh start from head to toe - it's a blank canvas that is ready for a full restoration, and it is easy to envision the potential that this place has to offer once fully renovated. If you're looking for a project that you can truly make your own, look no further! This home is being sold as-is and is a cash-only sale.

  24. 2026-01-13
    listed $185,000 Active
    Show marketing remark (1140 chars)

    Bring your tools and vision to transform this fixer into a secluded mountain gem! Set on 5 private acres on the outskirts of Yosemite National Park, this home feels removed, but is only 15 minutes from the amenities in the town of Mariposa. There is lots of potential with the current layout - with 3 bedrooms, 2 full bathrooms, ample living space and a spacious kitchen, the living area is more than suitable for families and vacationers alike. In addition to what the living space offers, the home also features an expansive sunroom overlooking the mountains with windows bringing in natural light from almost every angle. The home also features a spacious basement area that would be highly suitable for a garage conversion, with 2 separate utility rooms that are perfect for storage or office space. This home needs a fresh start from head to toe - it's a blank canvas that is ready for a full restoration, and it is easy to envision the potential that this place has to offer once fully renovated. If you're looking for a project that you can truly make your own, look no further! This home is being sold as-is and is a cash-only sale.

  25. 2024-03-21
    soldstatus $120,000
  26. 2021-08-09
    soldstatus $120,000

ⓘ 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
$1,323 · $110/mo
Projected year-2 tax
$1,900 · $158/mo
Expected delta
+$577/yr (+$48/mo · 43.6%)

ⓘ 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 9/10 Extreme
  • 🌡 Heat 4/10 Moderate 3 d/yr ≥98°F today · 6 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 36 unhealthy d/yr today · 45 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
$28,964
− Mortgage interest
−$14,004
− Property taxes
−$1,323
− Insurance
−$1,250
− Repairs & maintenance
−$2,317
− Management
−$2,317
− Depreciation
−$7,273
Taxable income
$480
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$115
After-tax cash flow
$4,461/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
Mariposa County Unified
NCES district ID
0623940
Math proficiency
27% ▼ -12.00%
Reading proficiency
42% ▼ -5.00%
Median HH income
$48,669
Composite
29.75/100
National rank
#6438
State rank
#282 of 517 in CA

Livability — Midpines

Score
50/100
State rank
#1137
US rank
#25719

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
10,164

Population outlook (Mariposa County) Hauer SSP2

Today (2025)
15,956 people
By 2030
15,078 · -5.5%
By 2040
13,413 · -15.9%
By 2050
12,232 · -23.3%
By 2075
11,143 · -30.2%
By 2100
10,187 · -36.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (81%)
Race & ethnicity
White 81% Two or more races 9% Hispanic / Latino 9% Native American 2% Asian 2%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Lithuanian 5% Italian 4% Russian 2%
Foreign-born
4% · Canada, China
Languages at home
95% English-only · Spanish 2% French/Haitian/Cajun 1% Chinese 1%

Political lean MEDSL · Mariposa

2024 margin
Strong R (+21.1) · D 38.1% · R 59.1% · Other 2.8%
2008→2024 swing
-8.6pp toward R · 2008: -12.4pp · 2024: -21.1pp
All cycles
2024: R+21.1 2020: R+18.1 2016: R+23.2 2012: R+17.4 2008: R+12.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -151.82%
Current HPI
140.3045
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+108.3% since first listed
12 events — show timeline
  • 2026-05-14 Pending CRMLS
  • 2026-05-14 Delisted FRESNOMLS
  • 2026-05-14 Listed $250,000 CRMLS
  • 2026-05-07 Listed $250,000 FRESNOMLS
  • 2026-04-22 Sold (MLS) $145,000 FRESNOMLS
  • 2026-04-22 Sold (MLS) $145,000 CRMLS
  • 2026-04-10 Pending CRMLS
  • 2026-04-10 Pending FRESNOMLS
  • 2026-01-13 Listed $185,000 FRESNOMLS
  • 2026-01-13 Listed $185,000 CRMLS
  • 2024-03-21 Sold (Public Records) $120,000 Public Records
  • 2021-08-09 Sold (Public Records) $120,000 Public Records

Property tax history

+1.0%/yr

Latest (2025): $1,323 · +2.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…