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2015 6th Ave #321
B- Composite 65.63
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.2/10.0
  • Condition / age +3.8/5.0
  • ARV discount +2.7/15.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Appreciation +0.0/10.0

$80,000

2015 6th Ave #321 · Clarkston Heights-Vineland, WA 99403
2 bd · 2.0 ba · 980 sqft · Manufactured · 50 Days on market
Built 1990 Good condition $82/sqft · 11% above area Est $72k · 11% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Fully remodeled and move-in ready two bedroom, two bath liberty mobile home in the Sonary Crest Park! This 1990 home features updated windows, fresh interior paint, new flooring and a bright functional layout. Enjoy the convenience of a covered carport and additional storage shed for all your extras. Located on a rental lot this is an excellent low maintenance option with modern updates already done for you. Affordable living in a well maintained community. Don’t miss this one!

Key facts

  • 2 parking spots
  • Built 1990
  • Listed 50 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $80k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $425 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).
  • Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
  • Cap rate 12.7% vs local median 1.4% in Clarkston Heights-Vineland — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Clarkston School District (suburban): math 38% / reading 57% proficiency, ranked #172 of 291 in WA (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 249 active listings in the ZIP; 101 units permitted in Asotin County in 2024 (72 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Asotin County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 50 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
Recommended offer $77,600 (3.0% below list)

Questions for the listing agent

  1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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.
  4. 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.
  5. 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
1.55%
Cap rate
12.66%
Cash-on-cash
22.74%
DSCR
2.01
GRM
5.4

CMA / ARV

ARV (median comp)
$72,250
List price
$80,000
Delta
10.73%
Verdict
OVERPRICED
Comps
6 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2015 6th Ave #319 0.00mi 3/2.0 (+1) 980 (0%) 4mo $69,500 $71 92
2015 6th Ave Unit 310C 0.00mi 2/2.0 924 (-6%) 9mo $59,000 $64 83
2015 6th Ave #141 0.00mi 3/1.5 (+1) 1,094 (+12%) 5mo $49,900 $46 70
2115 6th Ave #54 0.11mi 2/2.0 900 (-8%) 20mo $149,900 $167 64
2015 6th Ave 126a Unit 126A 0.00mi 3/2.0 (+1) 910 (-7%) 24mo $39,900 $44 63
2515 Appleside Blvd #2 0.44mi 3/2.0 (+1) 960 (-2%) 12mo $55,000 $57 61
2015 6th Ave Unit 141A 0.00mi 3/2.0 (+1) 1,094 (+12%) 22mo $47,900 $44 57

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
15.7%
Equity multiple
1.63×
Total profit
$14,096
Equity at exit
$11,928
10-year hold
IRR
24.3%
Equity multiple
3.11×
Total profit
$47,169
Equity at exit
$6,917

Cash invested: $22,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Washington
28 Tenant-Leaning · D+8
County
— inherits STATE
City
— inherits STATE
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

ZIP-level market 99403

Active inventory
249
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$1,237 medium interval (Pro) →
Mortgage (P&I)
$420
Tax est. 1.5%
$100 /mo · $1,200/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$260
Net cashflow
$425

Break-even live

Break-even rent $700
Max offer price $80,000
Occupancy floor 61%

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
$20,000
Closing costs
$2,400
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 1 events

  1. 2026-04-06
    listed $80,000 Active 488-char remark
    Show marketing remark (488 chars)

    Fully remodeled and move-in ready two bedroom, two bath liberty mobile home in the Sonary Crest Park! This 1990 home features updated windows, fresh interior paint, new flooring and a bright functional layout. Enjoy the convenience of a covered carport and additional storage shed for all your extras. Located on a rental lot this is an excellent low maintenance option with modern updates already done for you. Affordable living in a well maintained community. Don’t miss this one!

ⓘ 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 X · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 4/10 Moderate 6 d/yr ≥100°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 8/10 Severe 12 unhealthy d/yr today · 17 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
$14,847
− Mortgage interest
−$4,481
− Property taxes
−$1,200
− Insurance
−$400
− Repairs & maintenance
−$1,188
− Management
−$1,188
− Depreciation
−$2,327
Taxable income
$4,063
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$975
After-tax cash flow
$4,120/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 · 2 photos

Good 75/100 Cosmetic rehab

This fully remodeled and move-in ready manufactured home in Clarkston Heights-Vineland WA is in good condition with no visible repairs needed. It offers a good investment opportunity with potential for minor updates to enhance its resale and rental value.

Value-add opportunities

  • Both Painting the exterior — Fresh paint can enhance curb appeal and property value
  • Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value
  • Both Interior touch-ups — Fresh paint and minor touch-ups can improve the home's appearance and value

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior — Fresh paint can enhance curb appeal and property value
  • Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value
  • Both Interior touch-ups — Fresh paint and minor touch-ups can improve the home's appearance and 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
Clarkston School District
NCES district ID
5301320
Math proficiency
38% ▼ -4.00%
Reading proficiency
57% ▲ 1.00%
Median HH income
$42,030
Composite
42.03/100
National rank
#7065
State rank
#172 of 291 in WA

Livability — Clarkston Heights-Vineland

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Clarkston Heights-Vineland, WA
Population (ZIP)
20,483

Population outlook (Asotin County) Hauer SSP2

Today (2025)
22,623 people
By 2030
22,746 · +0.5%
By 2040
22,597 · -0.1%
By 2050
21,947 · -3.0%
By 2075
19,478 · -13.9%
By 2100
16,206 · -28.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Two or more races 6% Hispanic / Latino 5% Native American 1% Asian 1%
Common ancestry
Portuguese 3% Lithuanian 2% Slovak 2%
Foreign-born
2% · Canada
Languages at home
97% English-only · Spanish 2% Tagalog/Filipino 1%

Political lean MEDSL · Asotin

2024 margin
Strong R (+25.6) · D 35.8% · R 61.5% · Other 2.7%
2008→2024 swing
-12.2pp toward R · 2008: -13.4pp · 2024: -25.6pp
All cycles
2024: R+25.6 2020: R+25.7 2016: R+26.8 2012: R+16.7 2008: R+13.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -346.91%
Current HPI
173.3027
Rent YoY
Metro
State GDP YoY
▲ 4.65%
F500 in state
22

Industry mix (Fortune 500 HQ in WA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-04-06 Listed $80,000 IMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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