6000 W 140th Street West · Rosamond, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- A
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $1,009 – $1,996
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 6/10 · Moderate
- Hot days now (above 100°F)
- 5 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 7/10 · Major
- Unhealthy air days now
- 15 days/yr
- Unhealthy air days in 30 yrs
- 19 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
- Appreciation +6.2/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.2/10.0
$124,999
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Seller Financing Available!!! This 13.22-acre property consist of two attached lots and offers fully operational off-grid living setup. Features include; private septic system, a well with 1,500 gallons of water storage and water rights, two solar systems with battery banks and a generator that powers various systems including water tanks and microwave. Land comes with mobile home with new flooring, a 12-volt lighting system, ceiling fans, and security, plus a propane fridge and new oven. The layout includes two bedrooms with walk-in closets, one bathroom with separate areas for toilet/tub and a shower. There are multiple outbuildings for storage and tools, and a separate wooden structure for growing or a chicken coop. Additional amenities included an outhouse, ATT WiFi, mail delivery to the door. The property has been in the family for nearly 40 years and is ideal for those seeking a self sufficient family compound. Seller Financing May be Available depending on the terms
Key facts
- Battery banks
- Solar systems
- Water rights
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath land listed at $125k.
Deal economics
- At list price, monthly cash flow is $609 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $125k).
- Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
- Cap rate 13.3% vs local median 4.3% in Rosamond — 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 49/100 on livability (#1,178 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
- Southern Kern Unified (town): math 25% / reading 25% proficiency, ranked #387 of 517 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 461 active listings in the ZIP; solid renter incomes; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
- This rent runs 31% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $4k of equity ($864 loan paydown + $3k appreciation (2.4% local appreciation)).
- Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (2.4% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 9, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 265 days — a 12% lower offer ($110k) 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.
Risks & watch-outs
- Watch-outs: flood insurance adds $125/mo.
- Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); major wildfire risk; extreme-heat days projected 5→13/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 265 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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?
- 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?
- 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
- 1.62% ✓
- Cap rate
- 13.35%
- Cash-on-cash
- 25.19%
- DSCR
- 2.12
- GRM
- 5.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
2.4% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 26.0%
- Equity multiple
- 2.43×
- Total profit
- $50,090
- Equity at exit
- $52,066
- IRR
- 27.3%
- Equity multiple
- 4.69×
- Total profit
- $129,044
- Equity at exit
- $77,158
Cash invested: $35,000 (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
ZIP-level market 93560
- Home prices YoY
- 0.6%
- Active inventory
- 461
- Price-to-rent
- 5.1×
Monthly cashflow live
- Estimated rent
- $2,023 medium interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax est. 1.5%
- −$156 /mo · $1,875/yr
- Insurance
- −$52
- Flood insurance flood zone
- −$125 /mo · $1,502/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$425
- Net cashflow
- $609
Break-even live
Sensitivity live
| Price | -10% $696 | -5% $653 | +0% $609 | +5% $566 | +10% $523 |
|---|---|---|---|---|---|
| Rent | -10% $450 | -5% $530 | +0% $609 | +5% $689 | +10% $769 |
| Rate | -1.0pp $672 | -0.5pp $641 | base $609 | +0.5pp $577 | +1.0pp $544 |
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
- $31,250
- Closing costs
- $3,750
- 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 21 events
-
2026-06-21days on market $124,999 Active 265 DOM
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2026-06-18days on market $124,999 Active 262 DOM
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2026-06-17days on market $124,999 Active 261 DOM
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2026-06-16days on market $124,999 Active 260 DOM
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2026-06-15days on market $124,999 Active 259 DOM
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2026-06-13days on market $124,999 Active 257 DOM
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2026-06-13days on market $124,999 Active 256 DOM
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2026-06-09days on market $124,999 Active 253 DOM
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2026-06-08days on market $124,999 Active 252 DOM
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2026-06-07days on market $124,999 Active 251 DOM
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2026-06-04days on market $124,999 Active 248 DOM
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2026-06-03days on market $124,999 Active 247 DOM
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2026-06-02days on market $124,999 Active 246 DOM
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2026-06-01days on market $124,999 Active 245 DOM
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2026-05-31days on market $124,999 Active 244 DOM
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2026-05-01status Active 987-char remark
Show marketing remark (987 chars)
Seller Financing Available!!! This 13.22-acre property consist of two attached lots and offers fully operational off-grid living setup. Features include; private septic system, a well with 1,500 gallons of water storage and water rights, two solar systems with battery banks and a generator that powers various systems including water tanks and microwave. Land comes with mobile home with new flooring, a 12-volt lighting system, ceiling fans, and security, plus a propane fridge and new oven. The layout includes two bedrooms with walk-in closets, one bathroom with separate areas for toilet/tub and a shower. There are multiple outbuildings for storage and tools, and a separate wooden structure for growing or a chicken coop. Additional amenities included an outhouse, ATT WiFi, mail delivery to the door. The property has been in the family for nearly 40 years and is ideal for those seeking a self sufficient family compound. Seller Financing May be Available depending on the terms
-
2026-02-06price $124,999 987-char remark
Show marketing remark (987 chars)
Seller Financing Available!!! This 13.22-acre property consist of two attached lots and offers fully operational off-grid living setup. Features include; private septic system, a well with 1,500 gallons of water storage and water rights, two solar systems with battery banks and a generator that powers various systems including water tanks and microwave. Land comes with mobile home with new flooring, a 12-volt lighting system, ceiling fans, and security, plus a propane fridge and new oven. The layout includes two bedrooms with walk-in closets, one bathroom with separate areas for toilet/tub and a shower. There are multiple outbuildings for storage and tools, and a separate wooden structure for growing or a chicken coop. Additional amenities included an outhouse, ATT WiFi, mail delivery to the door. The property has been in the family for nearly 40 years and is ideal for those seeking a self sufficient family compound. Seller Financing May be Available depending on the terms
-
2025-09-10status Active 987-char remark
Show marketing remark (987 chars)
Seller Financing Available!!! This 13.22-acre property consist of two attached lots and offers fully operational off-grid living setup. Features include; private septic system, a well with 1,500 gallons of water storage and water rights, two solar systems with battery banks and a generator that powers various systems including water tanks and microwave. Land comes with mobile home with new flooring, a 12-volt lighting system, ceiling fans, and security, plus a propane fridge and new oven. The layout includes two bedrooms with walk-in closets, one bathroom with separate areas for toilet/tub and a shower. There are multiple outbuildings for storage and tools, and a separate wooden structure for growing or a chicken coop. Additional amenities included an outhouse, ATT WiFi, mail delivery to the door. The property has been in the family for nearly 40 years and is ideal for those seeking a self sufficient family compound. Seller Financing May be Available depending on the terms
-
2025-08-20$129,999 Active 987-char remark
Show marketing remark (987 chars)
Seller Financing Available!!! This 13.22-acre property consist of two attached lots and offers fully operational off-grid living setup. Features include; private septic system, a well with 1,500 gallons of water storage and water rights, two solar systems with battery banks and a generator that powers various systems including water tanks and microwave. Land comes with mobile home with new flooring, a 12-volt lighting system, ceiling fans, and security, plus a propane fridge and new oven. The layout includes two bedrooms with walk-in closets, one bathroom with separate areas for toilet/tub and a shower. There are multiple outbuildings for storage and tools, and a separate wooden structure for growing or a chicken coop. Additional amenities included an outhouse, ATT WiFi, mail delivery to the door. The property has been in the family for nearly 40 years and is ideal for those seeking a self sufficient family compound. Seller Financing May be Available depending on the terms
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2025-06-27price
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2025-02-11Active
ⓘ 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 6/10 Major
- Heat 6/10 Major 5 d/yr ≥100°F today · 13 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 7/10 Severe 15 unhealthy d/yr today · 19 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
- $24,281
- − Mortgage interest
- −$7,002
- − Property taxes
- −$1,875
- − Insurance
- −$2,127
- − Repairs & maintenance
- −$1,942
- − Management
- −$1,942
- − Depreciation
- −$3,636
- Taxable income
- $5,755
- Est. tax owed @ 24.0%
- −$1,381
- After-tax cash flow
- $5,932/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
- Southern Kern Unified
- NCES district ID
- 0637620
- Math proficiency
- 25% ▲ 7.00%
- Reading proficiency
- 25% ▼ -8.00%
- Median HH income
- $54,523
- Composite
- 22.5/100
- National rank
- #8093
- State rank
- #387 of 517 in CA
Livability — Rosamond
- Score
- 49/100
- State rank
- #1178
- US rank
- #25952
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Kern County · 710,371 people
- City population
- 22,119
- Metro
- Bakersfield, CA
- Population (ZIP)
- 22,119
- Household income
- $77,431
- Rent vs Own
- Severe rent burden
- 425.0
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 0.68)
- Race & ethnicity
- Hispanic / Latino 45% White 32% Two or more races 17% Black 13% Asian 3% Native American 1%
- Hispanic origin (detail)
- Mexican 35%
- Common ancestry
- Portuguese 2% Italian 2% Lithuanian 1%
- Foreign-born
- 13% · Canada
- Languages at home
- 68% English-only · Spanish 28% Other Indo-European 2% Other Asian/Pacific 1%
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
- ▲ 2.40%
- Current HPI
- 403.7206
- Rent YoY
- —
- Metro
- Bakersfield, 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
-3.8% since first listed6 events — show timeline
- 2026-05-01 Relisted — TheMLS
- 2026-02-06 Price Changed $124,999 TheMLS
- 2025-09-10 Relisted — TheMLS
- 2025-08-20 Listed $129,999 TheMLS
- 2025-06-27 Price Changed — TheMLS
- 2025-02-11 Listed — TheMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…