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29435 Sandy Ct
C+ Composite 62.01
Why this score? — see what drove the C+ 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 +20.3/30.0
  • ARV discount +15.0/15.0
  • 1% rule +8.5/10.0
  • DSCR +6.4/10.0
  • Rent growth +3.3/5.0
  • Livability +3.3/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$350,000

29435 Sandy Ct · Cathedral City, CA 92234
3 bd · 2.0 ba · 1,711 sqft · SingleFamily public records · 78 Days on market
Built 2005 4,356 sqft lot $205/sqft · 37% below area Est $555k · 37% under $995/mo HOA · 21% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.

Key facts

  • Open floor plan
  • Cozy fireplace
  • Granite countertops

Tags

DESERT PRINCESS COUNTRY CLUBWESTERN MOUNTAIN VIEWSOPEN FLOOR PLANCOZY FIREPLACEGRANITE COUNTERTOPSWALK-IN PANTRY

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 single-family listed at $350k.

Deal economics

  • At list price, monthly cash flow is $448 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $350k).
  • Recommended offer: $329k (6.0% below list) — sets the bar for market timing.
  • Cap rate 7.8% vs local median 5.1% in Cathedral City — 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 66/100 on livability (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, schools F, amenities 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: Rents rising (+3.2%/yr); 525 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 88% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
  • At $4,723/mo this rent would consume 77% of the median local household income ($74k/yr) (locally 1682% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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.

Negotiation context

  • It's been on market 78 days — a 6% lower offer ($329k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 16y ago; this cycle's ask has dropped $30k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $220k; list at $350k implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 21% of rent.
  • Climate carrying-cost: extreme-heat days projected 5→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $329,000 (6.0% below list)

Questions for the listing agent

  1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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
1.35%
Cap rate
7.83%
Cash-on-cash
5.49%
DSCR
1.24
GRM
6.2

CMA / ARV

ARV (median comp)
$554,590
List price
$350,000
Delta
-36.89%
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
67720 S Natoma Dr 0.05mi 3/2.5 1,684 (-2%) 0mo $474,900 $282 92
67690 S Laguna Dr 0.12mi 3/2.5 1,825 (+7%) 2mo $355,000 $195 80
67897 Pamela Ln 0.43mi 3/3.0 1,734 (+1%) 2mo $640,000 $369 72
29616 W Trancas Dr 0.13mi 3/3.0 1,905 (+11%) 0mo $579,000 $304 71
29709 W Laguna 0.31mi 3/3.0 1,825 (+7%) 0mo $589,000 $323 70
68090 Santelmo Rd 0.39mi 4/3.0 (+1) 1,681 (-2%) 0mo $510,000 $303 70
29352 W Laguna Dr 0.40mi 3/2.5 1,825 (+7%) 2mo $650,000 $356 67
30320 Travis Ave 0.48mi 3/2.0 1,523 (-11%) 2mo $490,000 $322 58
29438 W Laguna Dr 0.34mi 2/2.5 (-1) 1,500 (-12%) 2mo $537,500 $358 55
68420 Durango 0.60mi 3/2.5 1,864 (+9%) 2mo $495,000 $266 53
67413 Lakota Ct 0.53mi 3/2.5 1,951 (+14%) 2mo $682,000 $350 48
67343 Zuni Ct 0.62mi 3/2.5 1,951 (+14%) 1mo $560,000 $287 45

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 · 3.22% rent growth · sell at horizon

5-year hold
IRR
-7.3%
Equity multiple
0.73×
Total profit
$-26,533
Equity at exit
$52,186
10-year hold
IRR
2.8%
Equity multiple
1.21×
Total profit
$20,401
Equity at exit
$30,262

Cash invested: $98,000 (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
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 92234

Home prices YoY
-27.7%
Rents YoY
3.2%
Active inventory
525
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$4,723 high interval (Pro) →
Mortgage (P&I)
$1,835
Tax from tax record
$307 /mo · $3,679/yr
Insurance
$146
HOA
$995
Vacancy / Maint / Mgmt
$992
Net cashflow
$448

Break-even live

Break-even rent $4,156
Max offer price $350,000
Occupancy floor 86%

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
$87,500
Closing costs
$10,500
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
67727 S Natoma Dr Cathedral City, CA 2.0 3.0 1425 $4,500 $3.16 43d 1 0.06mi
29576 Sandy Ct Cathedral City, CA 3.0 2.0 1503 $5,000 $3.33 43d 1 0.07mi
29521 E Trancas Dr Cathedral City, CA 2.0 3.0 1576 $5,500 $3.49 43d 1 0.11mi
29756 Sandy Ct Cathedral City, CA 3.0 3.0 1732 $4,900 $2.83 43d 1 0.14mi
29777 Sandy Ct Cathedral City, CA 3.0 3.0 1841 $5,000 $2.72 43d 1 0.17mi
29631 W Trancas Dr Cathedral City, CA 2.0 2.5 1533 $6,300 $4.11 43d 1 0.18mi
67683 S Laguna Dr Cathedral City, CA 2.0 3.0 1825 $5,000 $2.74 43d 1 0.18mi
29704 W Trancas Dr Cathedral City, CA 2.0 2.5 1425 $6,000 $4.21 43d 1 0.19mi
29118 Desert Princess Dr Unit 702 Cathedral City, CA 2.0 2.0 1212 $4,200 $3.47 43d 1 0.19mi
29199 E Portales Dr Unit 702 Cathedral City, CA 2.0 2.0 1177 $4,200 $3.57 43d 1 0.20mi
67659 S Natoma Dr Cathedral City, CA 2.0 2.5 1684 $6,800 $4.04 43d 1 0.21mi
67665 Lagos Way Cathedral City, CA 3.0 2.0 1285 $4,500 $3.50 43d 1 0.23mi
29899 E Trancas Dr Cathedral City, CA 2.0 2.0 1690 $4,000 $2.37 43d 1 0.24mi
67646 S Natoma Dr Cathedral City, CA 2.0 3.0 1686 $6,000 $3.56 43d 1 0.25mi
28964 Desert Princess Dr Cathedral City, CA 2.0 2.0 1177 $2,700 $2.29 43d 1 0.26mi
28868 Isleta Ct Unit 702 Cathedral City, CA 2.0 2.0 1285 $4,900 $3.81 24d 1 0.26mi
28868 Isleta Ct Cathedral City, CA 2.0 2.0 1285 $4,900 $3.81 43d 1 0.26mi
67645 Cielo Ct Cathedral City, CA 2.0 2.5 1604 $6,800 $4.24 43d 1 0.27mi
67568 S Laguna Dr Cathedral City, CA 3.0 2.5 1825 $7,000 $3.84 24d 1 0.27mi
68125 Alva Ct Cathedral City, CA 3.0 2.0 1544 $3,200 $2.07 43d 1 0.28mi
67636 S Natoma Dr Cathedral City, CA 2.0 2.5 1533 $5,000 $3.26 43d 1 0.28mi
28859 Desert Princess Dr Cathedral City, CA 3.0 2.0 1285 $3,700 $2.88 43d 1 0.28mi
67579 S Laguna Dr Cathedral City, CA 2.0 2.5 1704 $6,300 $3.70 43d 1 0.29mi
28914 Desert Princess Dr Unit 702 Palm Springs, CA 2.0 2.0 1212 $4,200 $3.47 24d 1 0.29mi
67595 Lagos Way Cathedral City, CA 3.0 3.0 1285 $3,500 $2.72 43d 1 0.29mi
28827 Isleta Ct Cathedral City, CA 3.0 2.0 1285 $4,500 $3.50 43d 1 0.30mi
67550 S Laguna Dr Cathedral City, CA 2.0 3.0 1825 $5,500 $3.01 43d 1 0.30mi
29869 W Laguna Dr Cathedral City, CA 2.0 3.0 1604 $5,700 $3.55 43d 1 0.31mi
67613 Cielo Ct Cathedral City, CA 3.0 2.5 1825 $6,500 $3.56 43d 1 0.31mi
29578 W Laguna Dr Cathedral City, CA 2.0 3.0 1604 $7,000 $4.36 43d 1 0.31mi
67857 30th Ave Cathedral City, CA 3.0 2.0 1523 $3,500 $2.30 14d 1 0.33mi
29581 W Laguna Dr Cathedral City, CA 3.0 3.0 1825 $6,000 $3.29 43d 1 0.33mi
29488 W Laguna Dr Cathedral City, CA 3.0 3.0 1604 $5,500 $3.43 43d 1 0.35mi
28764 Taos Ct Cathedral City, CA 2.0 2.0 1177 $4,400 $3.74 43d 1 0.36mi
28920 W Natoma Dr Cathedral City, CA 2.0 2.0 1177 $4,000 $3.40 43d 1 0.37mi
29017 W Natoma Dr Cathedral City, CA 2.0 2.0 1177 $2,395 $2.03 43d 1 0.38mi
28656 Taos Ct Cathedral City, CA 2.0 2.0 1177 $2,200 $1.87 43d 1 0.39mi
29348 W Laguna Dr Cathedral City, CA 2.0 2.5 1650 $6,300 $3.82 43d 1 0.41mi
28602 Taos Ct Cathedral City, CA 2.0 2.0 1212 $4,000 $3.30 43d 1 0.42mi
28464 Taos Ct Cathedral City, CA 2.0 2.0 1212 $2,100 $1.73 23d 1 0.49mi

HOA detail

Monthly dues
$995 · $11,940/yr
Likely covers
poolgymsecurity

Listing history 28 events

  1. 2026-05-31
    days on market $350,000 Active 78 DOM
  2. 2026-05-06
    price $350,000 969-char remark
    Show marketing remark (969 chars)

    Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.

  3. 2026-04-07
    price $377,000 969-char remark
    Show marketing remark (969 chars)

    Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.

  4. 2026-03-15
    price $387,000 969-char remark
    Show marketing remark (969 chars)

    Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.

  5. 2026-03-14
    listed $380,000 Active 969-char remark
    Show marketing remark (969 chars)

    Located in the prestigious Desert Princess Country Club, this beautifully maintained desert retreat offers 2 bedrooms and 2.5 bathrooms across approximately 1,711 sq ft of living space with stunning western mountain views. The thoughtfully designed open floor plan features a spacious living room with a cozy fireplace, elegant crown molding, and a bright kitchen complete with granite countertops, backsplash, and a walk-in pantry. Both bedrooms are generously sized primary suites with walk-in closets, creating ideal comfort and privacy for residents or guests. Additional highlights include an attached two-car garage with storage and turnkey furnishings. Residents enjoy resort-style amenities within the 24-hour guard-gated community, including a 27-hole championship golf course, 33 swimming pools, tennis courts, fitness center, and vibrant clubhouse with dining and social events, all just minutes from shopping, dining, and Palm Springs International Airport.

  6. 2017-04-12
    status Pending 798-char remark
    Show marketing remark (798 chars)

    Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.

  7. 2017-04-11
    soldstatus $220,000 Sold 798-char remark
    Show marketing remark (798 chars)

    Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.

  8. 2017-04-11
    soldstatus $220,000
    Show marketing remark (798 chars)

    Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.

  9. 2017-03-21
    historical Contingent 798-char remark
    Show marketing remark (798 chars)

    Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.

  10. 2017-02-14
    price $229,500 798-char remark
    Show marketing remark (798 chars)

    Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.

  11. 2016-10-01
    listed $235,000 Active 798-char remark
    Show marketing remark (798 chars)

    Huge Price Reduction: WOW a must see. Beautiful western mountain views. 2 master bedrooms with walk in closets, 2 1/4 baths in the beautiful Desert Princess Country Club. Priced to sell, turnkey furnished, complete with granite counter tops with back splash and walk in pantry. Open floor plan, living room with fireplace, crown molding. Two car attached garage with storage room. The Desert Princess Country Club is a 24 hour guard gated community featuring a 27 hole championship golf course with no initiation fees, featuring 33 swimming pools, 10 tennis courts, basketball court, health and fitness center and a very active and fun clubhouse, including dining, happy hour bar and much more. Close to downtown shopping restaurants, tramway and 10 minutes from Palm Springs International Airport.

  12. 2016-08-10
    historical Hold
  13. 2016-06-08
    price $249,900
  14. 2016-03-29
    listed $255,000 Active
  15. 2015-07-07
    historical
  16. 2015-01-13
    price $255,000
  17. 2015-01-12
    listed $250,000 Active
  18. 2014-05-05
    historical
  19. 2013-11-04
    listed $268,850 Active
  20. 2013-07-03
    historical
  21. 2013-01-02
    listed $278,000 Active
  22. 2012-07-13
    historical
  23. 2012-03-07
    price $268,850
  24. 2012-01-20
    listed $289,000 Active
  25. 2011-10-11
    historical
  26. 2011-04-09
    listed Active
  27. 2010-12-16
    historical
  28. 2010-07-25
    listed $315,000 Active

ⓘ 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
$3,679 · $307/mo
Projected year-2 tax
$3,679 · $307/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 5 d/yr ≥112°F today · 14 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
$56,671
− Mortgage interest
−$19,605
− Property taxes
−$3,679
− Insurance
−$1,750
− Repairs & maintenance
−$4,534
− Management
−$4,534
− HOA
−$11,940
− Depreciation
−$10,182
Taxable income
$447
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$107
After-tax cash flow
$5,268/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
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 — Cathedral City

Score
66/100
State rank
#344
US rank
#11749

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cathedral City, CA
County
Riverside County · 2,287,001 people
City population
52,267
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
52,267
Household income
$73,572
Rent vs Own
33.5% rent · 66.5% own
Severe rent burden
1682.0

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

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
Hispanic / Latino 59% White 30% Two or more races 27% Asian 6% Native American 2% Black 2%
Hispanic origin (detail)
Mexican 51%
Common ancestry
Lithuanian 2% Romanian 1% Italian 1%
Foreign-born
28% · Canada, Vietnam
Languages at home
48% English-only · Spanish 46% Tagalog/Filipino 3% Other Asian/Pacific 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
▼ -136.57%
Current HPI
356.9845
Rent YoY
▲ 3.22%
Metro
Riverside-San Bernardino-Ontario, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+11.1% since first listed
27 events — show timeline
  • 2026-05-06 Price Changed $350,000 TheMLS
  • 2026-04-07 Price Changed $377,000 TheMLS
  • 2026-03-15 Price Changed $387,000 TheMLS
  • 2026-03-14 Listed $380,000 TheMLS
  • 2017-04-12 Pending GPSMLS
  • 2017-04-11 Sold (Public Records) $220,000 Public Records
  • 2017-04-11 Sold (MLS) $220,000 GPSMLS
  • 2017-03-21 Contingent GPSMLS
  • 2017-02-14 Price Changed $229,500 GPSMLS
  • 2016-10-01 Listed $235,000 GPSMLS
  • 2016-08-10 Delisted GPSMLS
  • 2016-06-08 Price Changed $249,900 GPSMLS
  • 2016-03-29 Listed $255,000 GPSMLS
  • 2015-07-07 Listing Removed GPSMLS
  • 2015-01-13 Price Changed $255,000 GPSMLS
  • 2015-01-12 Listed $250,000 GPSMLS
  • 2014-05-05 Listing Removed GPSMLS
  • 2013-11-04 Listed $268,850 GPSMLS
  • 2013-07-03 Listing Removed GPSMLS
  • 2013-01-02 Listed $278,000 GPSMLS
  • 2012-07-13 Listing Removed GPSMLS
  • 2012-03-07 Price Changed $268,850 GPSMLS
  • 2012-01-20 Listed $289,000 GPSMLS
  • 2011-10-11 Delisted PALM
  • 2011-04-09 Listed PALM
  • 2010-12-16 Listing Removed GPSMLS
  • 2010-07-25 Listed $315,000 GPSMLS

Property tax history

-0.2%/yr

Latest (2025): $3,679 · -0.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…