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26962 Nudgent St
D Composite 43.19
Why this score? — see what drove the D 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 +14.6/30.0
  • ARV discount +7.5/15.0
  • DSCR +4.5/10.0
  • Appreciation +3.3/10.0
  • 1% rule +3.0/10.0
  • Livability +2.8/5.0
  • Schools +2.6/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$229,500

26962 Nudgent St · Boron, CA 93516
3 bd · 2.0 ba · 1,680 sqft · Manufactured public records · 26 Days on market
Built 1988 8,747 sqft lot

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

Listing remarks MLS

Manufactured home on land. Home has fire damage and sold as-is. Land has a lot of potential.

Key facts

  • Open floor plan
  • Shopping
  • Public park

Tags

OPEN FLOOR PLANQUIET RURAL NEIGHBORHOODWALKING DISTANCE TO SCHOOLSPUBLIC PARKRESTAURANTSSHOPPING

Property features AI

Finance

  • Other: C1 zoning
  • Financial info:
  • HOA & community: Rural community

Exterior

  • Parking:
  • Security:
  • Utilities: Standard electric service; Natural gas connected; Public sewer; District/public water; Electricity connected; Sewer connected
  • Home design: Manufactured house; Single-story (entry level 1); One total story; Has a view
  • Construction: Permanent foundation; Certified 433a
  • Exterior features: Desert-front lot; No pool

Interior

  • Kitchen: Gas range; Informal eating area
  • Bedrooms: Three bedrooms on the main level
  • Flooring: Vinyl flooring
  • Bathrooms: Two full bathrooms (main level)
  • Heating & cooling: Electric baseboard heating; Zoned cooling
  • Interior features: Turnkey condition; East-side entry; Living room; Family room; Kitchen island; Zoned cooling; Wood-burning fireplace in family room
  • Laundry & utility: Dedicated laundry room; Washer hookup; Gas and electric dryer hookup

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 3-bed/2.0-bath manufactured listed at $230k.

Deal economics

  • At list price, monthly cash flow is $55 ($654/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 $184k (19.9% below list).
  • Recommended offer: $184k (19.9% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 55/100 on livability (#857 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+, cost of living A; Watch: amenities F, commute F, employment D-.
  • Muroc Joint Unified (rural): math 22% / reading 39% proficiency, ranked #340 of 517 in CA (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Irving L. Branch Elementary (math 25% / reading 42%, grade F, #764 of 1,571 statewide, top 49%, 383 students, 14% FRL); Desert Junior-Senior High (math 25% / reading 55%, grade F, #514 of 1,170 statewide, top 44%, 442 students, 11% FRL).
  • Market conditions: 105 active listings in the ZIP; 3,244 units permitted in Kern County in 2024 (73 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 $7k of value loss. Plan a longer hold.
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 26 days — a 2% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 24y 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 $80k; list at $230k implies a 187% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $183,719 (19.9% below list)

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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?
  3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
0.80%
Cap rate
6.58%
Cash-on-cash
1.02%
DSCR
1.05
GRM
10.4

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
-14.7%
Equity multiple
0.47×
Total profit
$-33,804
Equity at exit
$34,219
10-year hold
IRR
-6.1%
Equity multiple
0.61×
Total profit
$-25,324
Equity at exit
$19,843

Cash invested: $64,260 (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.

ZIP-level market 93516

Home prices YoY
-1.2%
Active inventory
105
Price-to-rent
10.4×

Monthly cashflow live

Estimated rent
$1,837 medium interval (Pro) →
Mortgage (P&I)
$1,204
Tax from tax record
$98 /mo · $1,172/yr
Insurance
$96
HOA
$0
Vacancy / Maint / Mgmt
$386
Net cashflow
$55

Break-even live

Break-even rent $1,768
Max offer price $229,500
Occupancy floor 92%

Sensitivity live

Price -10% $184 -5% $119 +0% $55 +5% $-10 +10% $-75
Rent -10% $-91 -5% $-18 +0% $55 +5% $127 +10% $200
Rate -1.0pp $170 -0.5pp $113 base $55 +0.5pp $-5 +1.0pp $-65

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
$57,375
Closing costs
$6,885
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 30 events

  1. 2026-06-21
    days on market $229,500 Active 26 DOM
  2. 2026-06-18
    days on market $229,500 Active 23 DOM
  3. 2026-06-17
    days on market $229,500 Active 22 DOM
  4. 2026-06-16
    days on market $229,500 Active 21 DOM
  5. 2026-06-15
    days on market $229,500 Active 20 DOM
  6. 2026-06-13
    days on market $229,500 Active 18 DOM
  7. 2026-06-13
    days on market $229,500 Active 17 DOM
  8. 2026-06-09
    days on market $229,500 Active 14 DOM
  9. 2026-06-08
    days on market $229,500 Active 13 DOM
  10. 2026-06-07
    days on market $229,500 Active 12 DOM
  11. 2026-06-04
    days on market $229,500 Active 9 DOM
  12. 2026-06-03
    days on market $229,500 Active 8 DOM
  13. 2026-06-02
    days on market $229,500 Active 7 DOM
  14. 2026-06-01
    days on market $229,500 Active 6 DOM
  15. 2026-05-31
    days on market $229,500 Active 5 DOM
  16. 2026-05-26
    listed $229,500 Active
  17. 2025-12-25
    historical
  18. 2025-06-28
    listed $255,000 Active
  19. 2021-11-30
    soldstatus $80,000
  20. 2019-08-30
    soldstatus $70,000
  21. 2017-05-23
    soldstatus $22,000 Closed 92-char remark
    Show marketing remark (92 chars)

    Manufactured home on land. Home has fire damage and sold as-is. Land has a lot of potential.

  22. 2017-05-23
    soldstatus $22,000 Closed Sale
    Show marketing remark (92 chars)

    Manufactured home on land. Home has fire damage and sold as-is. Land has a lot of potential.

  23. 2017-04-18
    status Pending Sale
    Show marketing remark (92 chars)

    Manufactured home on land. Home has fire damage and sold as-is. Land has a lot of potential.

  24. 2017-04-18
    status Pending 92-char remark
    Show marketing remark (92 chars)

    Manufactured home on land. Home has fire damage and sold as-is. Land has a lot of potential.

  25. 2017-03-10
    listed $25,000 Active 92-char remark
    Show marketing remark (92 chars)

    Manufactured home on land. Home has fire damage and sold as-is. Land has a lot of potential.

  26. 2017-03-10
    listed $25,000 Active
    Show marketing remark (92 chars)

    Manufactured home on land. Home has fire damage and sold as-is. Land has a lot of potential.

  27. 2002-07-18
    price $28,000
  28. 2002-07-18
    historical
  29. 2002-02-22
    listed $25,600
  30. 1996-09-20
    soldstatus $48,000

ⓘ 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
$1,172 · $98/mo
Projected year-2 tax
$1,744 · $145/mo
Expected delta
+$572/yr (+$48/mo · 48.8%)

ⓘ 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 4/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥101°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 6/10 Major 9 unhealthy d/yr today · 12 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
$22,046
− Mortgage interest
−$12,856
− Property taxes
−$1,172
− Insurance
−$1,148
− Repairs & maintenance
−$1,764
− Management
−$1,764
− Depreciation
−$6,676
Taxable loss
−$3,333
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$800
After-tax cash flow
$1,454/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
Muroc Joint Unified
NCES district ID
0626490
Math proficiency
22% ▼ -13.00%
Reading proficiency
39% ▼ -9.00%
Median HH income
$47,457
Composite
26.31/100
National rank
#7241
State rank
#340 of 517 in CA

Livability — Boron

Score
55/100
State rank
#857
US rank
#23452

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Boron, CA
City population
2,742
Population (ZIP)
2,742

Population outlook (Kern County) Hauer SSP2

Today (2025)
947,286 people
By 2030
978,984 · +3.3%
By 2040
1,045,018 · +10.3%
By 2050
1,105,232 · +16.7%
By 2075
1,229,538 · +29.8%
By 2100
1,238,059 · +30.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.69)
Race & ethnicity
White 43% Hispanic / Latino 35% Two or more races 20% Black 5% Native American 4% Asian 4%
Hispanic origin (detail)
Mexican 23% Dominican 5%
Common ancestry
Italian 6% Iranian 2% Slovak 1%
Foreign-born
8% · Canada
Languages at home
71% English-only · Spanish 26% Tagalog/Filipino 2%

Political lean MEDSL · Kern

2024 margin
Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
2008→2024 swing
-3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
All cycles
2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -3.49%
Current HPI
296.934
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

+378.1% since first listed
15 events — show timeline
  • 2026-05-26 Listed $229,500 CRMLS
  • 2025-12-25 Listing Removed CRMLS
  • 2025-06-28 Listed $255,000 CRMLS
  • 2021-11-30 Sold (Public Records) $80,000 Public Records
  • 2019-08-30 Sold (Public Records) $70,000 Public Records
  • 2017-05-23 Sold (MLS) $22,000 CRMLS
  • 2017-05-23 Sold (MLS) $22,000 AVMLS
  • 2017-04-18 Pending CRMLS
  • 2017-04-18 Pending AVMLS
  • 2017-03-10 Listed $25,000 AVMLS
  • 2017-03-10 Listed $25,000 CRMLS
  • 2002-07-18 Delisted GEMLS
  • 2002-07-18 Price Changed $28,000 GEMLS
  • 2002-02-22 Listed $25,600 GEMLS
  • 1996-09-20 Sold (Public Records) $48,000 Public Records

Property tax history

+9.9%/yr

Latest (2025): $1,172 · -1.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…