70200 Dillon Rd #119 · Desert Edge, 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 5/10 · Moderate
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 8/10 · Major
- Hot days now (above 109°F)
- 6 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 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 +8.2/15.0
- 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
$67,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This property ensures both privacy and peace, highlighted by mature fruit trees that offer year-round enjoyment. The well-kept 1993 Fleetwood Park Model spans about 700 sq. ft. , including one bedroom, one bathroom, and a spacious laundry and storage area. Upgrades feature luxury vinyl flooring, new carpet in the master bedroom, quartz countertops, a new hot water tank, and a spa-inspired renovated bathroom. Newly remodeled and ready for move-in, the home boasts a comprehensive water filtration system for clean drinking water and an insulated roof for extra protection. A spacious front deck provides sweeping views of hills and desert landscapes, while the private rear courtyard offers easy access to the fruit trees. Located in Caliente Springs 55+ Resort, this home is perfect as a retreat or permanent residence and includes amenities such as a 9-hole golf course, hot mineral springs pool and spas, eight pickleball courts, tennis courts, a driving range, and more. Please note, the lot is not owned, and the monthly space rent is $673.
Key facts
- Mature fruit trees
- Covered front deck
- 9-hole golf course
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath manufactured listed at $68k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $960 ($12k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $68k).
- Recommended offer: $61k (9.0% below list) — sets the bar for market timing.
- Cap rate 25.6% 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: 216 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 $467 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 + 3.0% rent growth), your $19k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 96 days — a 9% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
- 3 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); 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.
Questions for the listing agent
- It's been on market 96 days. Have you received any prior offers? Is the seller open to a 9% 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?
- 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
- 2.91% ✓
- Cap rate
- 25.58%
- Cash-on-cash
- 68.89%
- DSCR
- 4.07
- GRM
- 2.9
CMA / ARV
- ARV (median comp)
- $68,500
- List price
- $67,500
- Delta
- -1.46%
- Verdict
- FAIR
- 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 #569 | 0.00mi | 1/1.0 | 700 (0%) | 4mo | $74,000 | $106 | 97 |
| 70200 Dillon Rd #499 | 0.00mi | 1/1.0 | 650 (-7%) | 3mo | $100,000 | $154 | 85 |
| 70200 Dillon Rd #536 | 0.00mi | 2/1.5 (+1) | 750 (+7%) | 1mo | $90,000 | $120 | 80 |
| 70200 Dillon Rd #146 | 0.27mi | 1/1.0 | 675 (-4%) | 4mo | $49,000 | $73 | 78 |
| 70200 Dillon Rd #376 | 0.00mi | 1/1.0 | 800 (+14%) | 3mo | $60,000 | $75 | 74 |
| 70200 Dillon Rd #215 | 0.00mi | 1/1.0 | 600 (-14%) | 4mo | $65,000 | $108 | 73 |
| 17625 Langlois #9 | 0.44mi | 2/1.0 (+1) | 700 (0%) | 3mo | $15,000 | $21 | 72 |
| 70200 Dillon Rd #437 | 0.27mi | 1/1.0 | 780 (+11%) | 1mo | $65,000 | $83 | 68 |
| 70200 Dillon Rd #102 | 0.11mi | 2/1.5 (+1) | 800 (+14%) | 0mo | $72,000 | $90 | 64 |
| 70200 Dillon Rd #550 | 0.11mi | 2/2.0 (+1) | 800 (+14%) | 1mo | $122,000 | $153 | 61 |
| 70200 Dillon Rd #664 | 0.27mi | 2/1.5 (+1) | 800 (+14%) | 3mo | $95,000 | $119 | 54 |
| 69548 Crestview Dr | 0.73mi | 2/2.0 (+1) | 672 (-4%) | 3mo | $90,000 | $134 | 48 |
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
- IRR
- 59.8%
- Equity multiple
- 3.66×
- Total profit
- $50,296
- Equity at exit
- $10,064
- IRR
- 64.5%
- Equity multiple
- 7.50×
- Total profit
- $122,941
- Equity at exit
- $5,836
Cash invested: $18,900 (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 92241
- Home prices YoY
- -22.8%
- Active inventory
- 216
- Price-to-rent
- 2.9×
Monthly cashflow live
- Estimated rent
- $1,964 medium interval (Pro) →
- Mortgage (P&I)
- −$354
- Tax est. 1.5%
- −$84 /mo · $1,012/yr
- Insurance
- −$28
- Flood insurance flood zone
- −$125 /mo · $1,502/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$412
- Net cashflow
- $960
Break-even live
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
- $16,875
- Closing costs
- $2,025
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 70875 Dillon Rd Desert Hot Springs, CA | 2.0 | 2.0 | 720 | $2,200 | $3.06 | 43d | 1 | 0.70mi |
| 15935 Mary Cir Desert Hot Springs, CA | 1.0 | 1.0 | 550 | $1,350 | $2.45 | 18d | 1 | 1.47mi |
Listing history 18 events
-
2026-06-18days on market $67,500 Active 96 DOM
-
2026-06-17days on market $67,500 Active 95 DOM
-
2026-06-16days on market $67,500 Active 94 DOM
-
2026-06-15days on market $67,500 Active 93 DOM
-
2026-06-13days on market $67,500 Active 91 DOM
-
2026-06-13days on market $67,500 Active 90 DOM
-
2026-06-09days on market $67,500 Active 87 DOM
-
2026-06-08days on market $67,500 Active 86 DOM
-
2026-06-07days on market $67,500 Active 85 DOM
-
2026-06-04days on market $67,500 Active 82 DOM
-
2026-06-03days on market $67,500 Active 81 DOM
-
2026-06-02days on market $67,500 Active 80 DOM
-
2026-06-01days on market $67,500 Active 79 DOM
-
2026-05-31days on market $67,500 Active 78 DOM
-
2026-03-13$67,500 Active 1048-char remark
Show marketing remark (1048 chars)
This property ensures both privacy and peace, highlighted by mature fruit trees that offer year-round enjoyment. The well-kept 1993 Fleetwood Park Model spans about 700 sq. ft. , including one bedroom, one bathroom, and a spacious laundry and storage area. Upgrades feature luxury vinyl flooring, new carpet in the master bedroom, quartz countertops, a new hot water tank, and a spa-inspired renovated bathroom. Newly remodeled and ready for move-in, the home boasts a comprehensive water filtration system for clean drinking water and an insulated roof for extra protection. A spacious front deck provides sweeping views of hills and desert landscapes, while the private rear courtyard offers easy access to the fruit trees. Located in Caliente Springs 55+ Resort, this home is perfect as a retreat or permanent residence and includes amenities such as a 9-hole golf course, hot mineral springs pool and spas, eight pickleball courts, tennis courts, a driving range, and more. Please note, the lot is not owned, and the monthly space rent is $673.
-
2025-05-27historical
-
2025-05-27$55,000 Active
-
2025-02-27$55,000 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,566
- − Mortgage interest
- −$3,781
- − Property taxes
- −$1,012
- − Insurance
- −$1,840
- − Repairs & maintenance
- −$1,885
- − Management
- −$1,885
- − Depreciation
- −$1,964
- Taxable income
- $11,198
- Est. tax owed @ 24.0%
- −$2,688
- After-tax cash flow
- $8,829/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 · 12 photos
This well-maintained and recently renovated mobile home is move-in ready, featuring new flooring, a spa-inspired bathroom, and an insulated roof. It offers a spacious front deck and a private rear courtyard, making it ideal for both resale and rental.
Value-add opportunities
- Both landscaping — enhances curb appeal and adds value
- Both upgraded appliances — improves functionality and aesthetics
- Both smart home integration — enhances convenience and adds value
Renovation cost estimate screening
Value-add ROI direction
- Both landscaping — enhances curb appeal and adds value ↑
- Both upgraded appliances — improves functionality and aesthetics ↑
- Both smart home integration — enhances convenience and adds 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
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 |
|---|---|---|
| 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
+22.7% since first listed4 events — show timeline
- 2026-03-13 Listed $67,500 GPSMLS
- 2025-05-27 Listing Removed — GPSMLS
- 2025-05-27 Listed $55,000 GPSMLS
- 2025-02-27 Listed $55,000 GPSMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…