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70200 Dillon Rd #674
B+ Composite 75.63
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +13.1/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Condition / age +4.0/5.0
  • Livability +3.4/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$49,000

70200 Dillon Rd #674 · Desert Edge, CA 92241
1 bd · 1.0 ba · 550 sqft · Manufactured · 250 Days on market
Built 2007 Good condition $89/sqft · 12% below area Est $56k · 12% under ↓ 27% since listing

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

Listing remarks MLS

HIGHLY MOTIVATED SELLER! Charming and serene! This 2007 Laurel Creek Park Model with ~550 sq. ft. , 1 bedroom, 1 bathroom is delightful with modern touches and style throughout. Situated high above the 3rd hole of the golf course you'll get a bird's eye view of golfing activity and the stunning Mt. San Jacinto peaks while enjoying the covered protected deck. So much beautiful mature landscape to create a private and peaceful feeling, large shed for storage, side patio, paved parking and much more. Caliente Springs is a 55+ Resort with healing amenities of mineral hot spring pool and spas, 8-pickleball courts, tennis courts, laundry facilities, 9-hole golf course and a fun and active community with great schedule events. Lot is not owned, space rent is $811.

Key facts

  • Paved parking
  • Pickleball courts
  • Side patio

Tags

COVERED PROTECTED DECKLARGE SHED FOR STORAGESIDE PATIOPAVED PARKINGMINERAL HOT SPRING POOLPICKLEBALL COURTS

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 1-bed/1.0-bath manufactured listed at $49k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $1k ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $49k).
  • Recommended offer: $43k (12.0% below list) — sets the bar for market timing.
  • Cap rate 34.2% vs local median 14.8% in Desert Edge — 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 68/100 on livability (#297 in CA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, commute 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: 218 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $339 of loan paydown is wiped out by about $1k 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 + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 250 days — a 12% lower offer ($43k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $18k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: flood insurance adds $125/mo.
  • Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); moderate wildfire risk; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $43,120 (12.0% below list)

Questions for the listing agent

  1. It's been on market 250 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. 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.
  7. 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.
  8. 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
3.82%
Cap rate
34.25%
Cash-on-cash
99.85%
DSCR
5.44
GRM
2.2

CMA / ARV

ARV (median comp)
$55,900
List price
$49,000
Delta
-12.34%
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
70200 Dillon Rd #324 0.00mi 1/1.0 570 (+4%) 12mo $76,000 $133 84
70200 Dillon Rd #215 0.00mi 1/1.0 600 (+9%) 4mo $65,000 $108 82
70200 Dillon Rd #605 0.00mi 1/1.0 600 (+9%) 5mo $97,500 $163 81
70200 Dillon Rd #416 0.27mi 1/1.0 550 (0%) 8mo $48,000 $87 81
70200 Dillon Rd #654 0.27mi 2/1.0 (+1) 550 (0%) 3mo $97,500 $177 80
70200 Dillon Rd #320 0.27mi 1/1.0 550 (0%) 10mo $50,000 $91 79
70200 Dillon Rd #36 0.00mi 1/1.0 600 (+9%) 8mo $65,000 $108 78
70200 Dillon Rd #446 0.11mi 2/1.5 (+1) 600 (+9%) 4mo $75,000 $125 69
70200 Dillon Rd #97 0.27mi 1/1.0 600 (+9%) 5mo $20,500 $34 68
70200 Dillon Rd #527 0.27mi 2/1.0 (+1) 525 (-4%) 13mo $55,000 $105 64
70200 Dillon Rd #590 0.27mi 2/1.0 (+1) 625 (+14%) 4mo $61,500 $98 56
17850 Corkill Rd #31 0.53mi 2/1.0 (+1) 600 (+9%) 5mo $25,000 $42 51

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
89.6%
Equity multiple
5.15×
Total profit
$56,898
Equity at exit
$7,306
10-year hold
IRR
92.6%
Equity multiple
10.72×
Total profit
$133,327
Equity at exit
$4,237

Cash invested: $13,720 (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 92241

Home prices YoY
-22.8%
Active inventory
218
Price-to-rent
2.2×

Monthly cashflow live

Estimated rent
$1,874 medium interval (Pro) →
Mortgage (P&I)
$257
Tax est. 1.5%
$61 /mo · $735/yr
Insurance
$20
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$0
Vacancy / Maint / Mgmt
$393
Net cashflow
$1,016

Break-even live

Break-even rent $587
Max offer price $49,000
Occupancy floor 41%

Sensitivity live

Price -10% $1,050 -5% $1,033 +0% $1,016 +5% $999 +10% $983
Rent -10% $868 -5% $942 +0% $1,016 +5% $1,090 +10% $1,164
Rate -1.0pp $1,041 -0.5pp $1,029 base $1,016 +0.5pp $1,004 +1.0pp $991

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
$12,250
Closing costs
$1,470
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
70875 Dillon Rd Desert Hot Springs, CA 2.0 2.0 720 $2,200 $3.06 44d 1 0.70mi
15935 Mary Cir Desert Hot Springs, CA 1.0 1.0 550 $1,350 $2.45 19d 1 1.47mi

Listing history 21 events

  1. 2026-06-21
    days on market $49,000 Active 250 DOM
  2. 2026-06-18
    days on market $49,000 Active 247 DOM
  3. 2026-06-17
    days on market $49,000 Active 246 DOM
  4. 2026-06-16
    days on market $49,000 Active 245 DOM
  5. 2026-06-15
    days on market $49,000 Active 244 DOM
  6. 2026-06-13
    days on market $49,000 Active 242 DOM
  7. 2026-06-13
    days on market $49,000 Active 241 DOM
  8. 2026-06-09
    days on market $49,000 Active 238 DOM
  9. 2026-06-08
    days on market $49,000 Active 237 DOM
  10. 2026-06-07
    days on market $49,000 Active 236 DOM
  11. 2026-06-04
    days on market $49,000 Active 233 DOM
  12. 2026-06-03
    days on market $49,000 Active 232 DOM
  13. 2026-06-02
    days on market $49,000 Active 231 DOM
  14. 2026-06-01
    days on market $49,000 Active 230 DOM
  15. 2026-05-31
    days on market $49,000 Active 229 DOM
  16. 2026-04-18
    price $49,000 767-char remark
    Show marketing remark (767 chars)

    HIGHLY MOTIVATED SELLER! Charming and serene! This 2007 Laurel Creek Park Model with ~550 sq. ft. , 1 bedroom, 1 bathroom is delightful with modern touches and style throughout. Situated high above the 3rd hole of the golf course you'll get a bird's eye view of golfing activity and the stunning Mt. San Jacinto peaks while enjoying the covered protected deck. So much beautiful mature landscape to create a private and peaceful feeling, large shed for storage, side patio, paved parking and much more. Caliente Springs is a 55+ Resort with healing amenities of mineral hot spring pool and spas, 8-pickleball courts, tennis courts, laundry facilities, 9-hole golf course and a fun and active community with great schedule events. Lot is not owned, space rent is $811.

  17. 2026-03-13
    price $55,000 767-char remark
    Show marketing remark (767 chars)

    HIGHLY MOTIVATED SELLER! Charming and serene! This 2007 Laurel Creek Park Model with ~550 sq. ft. , 1 bedroom, 1 bathroom is delightful with modern touches and style throughout. Situated high above the 3rd hole of the golf course you'll get a bird's eye view of golfing activity and the stunning Mt. San Jacinto peaks while enjoying the covered protected deck. So much beautiful mature landscape to create a private and peaceful feeling, large shed for storage, side patio, paved parking and much more. Caliente Springs is a 55+ Resort with healing amenities of mineral hot spring pool and spas, 8-pickleball courts, tennis courts, laundry facilities, 9-hole golf course and a fun and active community with great schedule events. Lot is not owned, space rent is $811.

  18. 2026-01-10
    price $60,000 767-char remark
    Show marketing remark (767 chars)

    HIGHLY MOTIVATED SELLER! Charming and serene! This 2007 Laurel Creek Park Model with ~550 sq. ft. , 1 bedroom, 1 bathroom is delightful with modern touches and style throughout. Situated high above the 3rd hole of the golf course you'll get a bird's eye view of golfing activity and the stunning Mt. San Jacinto peaks while enjoying the covered protected deck. So much beautiful mature landscape to create a private and peaceful feeling, large shed for storage, side patio, paved parking and much more. Caliente Springs is a 55+ Resort with healing amenities of mineral hot spring pool and spas, 8-pickleball courts, tennis courts, laundry facilities, 9-hole golf course and a fun and active community with great schedule events. Lot is not owned, space rent is $811.

  19. 2025-10-14
    historical
    Show marketing remark (767 chars)

    HIGHLY MOTIVATED SELLER! Charming and serene! This 2007 Laurel Creek Park Model with ~550 sq. ft. , 1 bedroom, 1 bathroom is delightful with modern touches and style throughout. Situated high above the 3rd hole of the golf course you'll get a bird's eye view of golfing activity and the stunning Mt. San Jacinto peaks while enjoying the covered protected deck. So much beautiful mature landscape to create a private and peaceful feeling, large shed for storage, side patio, paved parking and much more. Caliente Springs is a 55+ Resort with healing amenities of mineral hot spring pool and spas, 8-pickleball courts, tennis courts, laundry facilities, 9-hole golf course and a fun and active community with great schedule events. Lot is not owned, space rent is $811.

  20. 2025-10-14
    listed $67,500 Active 767-char remark
    Show marketing remark (767 chars)

    HIGHLY MOTIVATED SELLER! Charming and serene! This 2007 Laurel Creek Park Model with ~550 sq. ft. , 1 bedroom, 1 bathroom is delightful with modern touches and style throughout. Situated high above the 3rd hole of the golf course you'll get a bird's eye view of golfing activity and the stunning Mt. San Jacinto peaks while enjoying the covered protected deck. So much beautiful mature landscape to create a private and peaceful feeling, large shed for storage, side patio, paved parking and much more. Caliente Springs is a 55+ Resort with healing amenities of mineral hot spring pool and spas, 8-pickleball courts, tennis courts, laundry facilities, 9-hole golf course and a fun and active community with great schedule events. Lot is not owned, space rent is $811.

  21. 2025-04-14
    listed $67,500 Active

ⓘ 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 1/10 Low FEMA zone A · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 8/10 Severe 6 d/yr ≥109°F today · 16 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,484
− Mortgage interest
−$2,745
− Property taxes
−$735
− Insurance
−$1,748
− Repairs & maintenance
−$1,799
− Management
−$1,799
− Depreciation
−$1,425
Taxable income
$12,234
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,936
After-tax cash flow
$9,260/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 · 6 photos

Good 80/100 Cosmetic rehab

This 2007 Laurel Creek Park model is in good condition with a good exterior and interior. It's a great investment opportunity with a good ROI.

Value-add opportunities

  • Both Paint exterior trim — Enhances curb appeal and value
  • Both Clean gutters — Improves drainage and property value

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior trim — Enhances curb appeal and value
  • Both Clean gutters — Improves drainage and property value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Desert Edge

Score
68/100
State rank
#297
US rank
#9953

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Desert Edge, CA
Population (ZIP)
8,624

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

Race & ethnicity
White 50% Hispanic / Latino 46% Two or more races 16% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 36%
Common ancestry
Lithuanian 3% Slovak 2% Portuguese 2%
Foreign-born
28% · Canada, South Korea
Languages at home
57% English-only · Spanish 38% Chinese 1% Russian/Polish/Slavic 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
▼ -118.23%
Current HPI
400.5663
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

-27.4% since first listed
6 events — show timeline
  • 2026-04-18 Price Changed $49,000 GPSMLS
  • 2026-03-13 Price Changed $55,000 GPSMLS
  • 2026-01-10 Price Changed $60,000 GPSMLS
  • 2025-10-14 Listing Removed GPSMLS
  • 2025-10-14 Listed $67,500 GPSMLS
  • 2025-04-14 Listed $67,500 GPSMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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