601 N Kirby St #281 · Hemet, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 7/10 · Major
- Hot days now (above 104°F)
- 5 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 12 days/yr
- Unhealthy air days in 30 yrs
- 14 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +3.4/5.0
- Livability +2.6/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$70,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming 2-Bedroom, 2-Bathroom Home in Resort-Style Community! Step into comfort and convenience with this inviting 2-bedroom, 2-full bath double-wide home, located in the serene and active 55+ Colonial Country Club community. This home offers a perfect blend of relaxation and recreation with all the resort-style amenities you could ask for. Key Features: Spacious Bedrooms: The home features two generously sized bedrooms and two full bathrooms. The primary bedroom is a true retreat, complete with its own private full bathroom for added privacy and convenience. The second bedroom is also roomy and perfect for guests or a home office. Bright & Open Living Areas: The living room is bathed in natural light, with new flooring and recessed lighting throughout, creating a welcoming space to relax. The dining area offers flexible use, and can easily transform into an additional living space to fit your needs. Modern Kitchen: The fully equipped kitchen boasts ample storage and counter space, making meal prep a breeze. Outdoor Enjoyment: Two covered patios provide stunning mountain views. One patio can be used for entertaining, while the other serves as convenient parking for 2-3 cars. Community Amenities: Enjoy resort-style living with a range of amenities, including a golf course, swimming pool, dog park, pickleball courts, and on-site dog grooming services and a hair salon. Clubhouse: The community clubhouse features a spacious venue with a full kitchen, perfect for hosting gatherings and social events. Embrace a lifestyle of comfort and relaxation in a peaceful community, with easy access to recreational activities and breathtaking views. Centrally located near great shopping, restaurants and entertainment, all minutes away!! Come see!!!
Key facts
- Dog park
- Covered patios
- Swimming pool
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $70k.
Deal economics
- At list price, monthly cash flow is $1k ($14k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $70k).
- Recommended offer: $64k (9.0% below list) — sets the bar for market timing.
- Cap rate 27.0% vs local median 4.9% in Hemet — 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 51/100 on livability (#1,056 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: crime D+, schools F, amenities F.
- Hemet Unified (suburban): math 19% / reading 41% proficiency, ranked #360 of 517 in CA (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+3.7%/yr); 290 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
- This rent runs 39% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $484 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 + 3.7% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 114 days — a 9% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 21y ago; this cycle's ask has dropped $10k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: major wildfire risk; extreme-heat days projected 5→14/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 114 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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 D 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
- 2.94% ✓
- Cap rate
- 26.96%
- Cash-on-cash
- 73.82%
- DSCR
- 4.28
- GRM
- 2.8
CMA / ARV
- ARV (median comp)
- $54,202
- List price
- $70,000
- Delta
- 29.15%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 601 N Kirby St #501 | 0.15mi | 2/2.0 | 1,440 (0%) | 0mo | $49,000 | $34 | 93 |
| 601 Kirby St N #451 | 0.17mi | 2/2.0 | 1,440 (0%) | 0mo | $60,000 | $42 | 92 |
| 601 Kirby St N #235 | 0.15mi | 2/2.0 | 1,440 (0%) | 3mo | $84,000 | $58 | 91 |
| 601 N Kirby St #67 | 0.15mi | 2/2.0 | 1,440 (0%) | 6mo | $73,000 | $51 | 88 |
| 601 N Kirby St #220 | 0.15mi | 2/2.0 | 1,440 (0%) | 6mo | $38,500 | $27 | 88 |
| 601 N Kirby St #159 | 0.18mi | 3/2.0 (+1) | 1,440 (0%) | 5mo | $69,000 | $48 | 82 |
| 601 N Kirby #177 | 0.25mi | 2/2.0 | 1,344 (-7%) | 1mo | $10,000 | $7 | 77 |
| 601 N Kirby St #267 | 0.15mi | 2/2.0 | 1,248 (-13%) | 3mo | $82,250 | $66 | 68 |
| 1645 Sonora | 0.72mi | 2/2.0 | 1,440 (0%) | 4mo | $199,900 | $139 | 63 |
| 542 Castille | 0.72mi | 2/2.0 | 1,392 (-3%) | 2mo | $239,000 | $172 | 59 |
| 1150 N Kirby St #72 | 0.67mi | 2/2.0 | 1,296 (-10%) | 6mo | $110,000 | $85 | 47 |
| 1150 N Kirby #75 | 0.67mi | 3/2.0 (+1) | 1,248 (-13%) | 0mo | $107,000 | $86 | 41 |
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 · 3.74% rent growth · sell at horizon
- IRR
- 74.4%
- Equity multiple
- 4.42×
- Total profit
- $66,991
- Equity at exit
- $10,437
- IRR
- 78.4%
- Equity multiple
- 9.35×
- Total profit
- $163,631
- Equity at exit
- $6,052
Cash invested: $19,600 (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 92545
- Home prices YoY
- -24.6%
- Rents YoY
- 3.7%
- Active inventory
- 290
- Price-to-rent
- 2.8×
Monthly cashflow live
- Estimated rent
- $2,061 high interval (Pro) →
- Mortgage (P&I)
- −$367
- Tax from tax record
- −$26 /mo · $310/yr
- Insurance
- −$29
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$433
- Net cashflow
- $1,206
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
- $17,500
- Closing costs
- $2,100
- 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 34 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 811 Alondra Dr Hemet, CA | 2.0 | 2.0 | 1166 | $1,875 | $1.61 | 5d | 1 | 0.17mi |
| 853 Ensenada Dr Hemet, CA | 2.0 | 2.0 | 1350 | $1,875 | $1.39 | 12d | 1 | 0.21mi |
| 853 Ensenada Dr Hemet, CA | 2.0 | 2.0 | 1350 | $1,875 | $1.39 | 24d | 1 | 0.21mi |
| 743 Via Linda Dr Hemet, CA | 2.0 | 2.0 | 1206 | $1,995 | $1.65 | 5d | 1 | 0.21mi |
| 2770 W Devonshire Ave Hemet, CA | 1.0–2.0 | 1.0–2.0 | 707 | $1,945 | $2.75 | 2d | 11 | 0.38mi |
| 3471 Dublin Ct Hemet, CA | 3.0 | 2.0 | 1276 | $2,895 | $2.27 | 4d | 1 | 0.46mi |
| 2208 El Grande St Hemet, CA | 2.0 | 2.0 | 1327 | $2,100 | $1.58 | 18d | 1 | 0.52mi |
| 2014 Iris Way Hemet, CA | 3.0 | 2.0 | 1192 | $2,850 | $2.39 | 44d | 1 | 0.52mi |
| 1964 W Oakland Ave Hemet, CA | 2.0 | 2.0 | 977 | $1,695 | $1.73 | 18d | 1 | 0.57mi |
| 627 Solano Dr Hemet, CA | 2.0 | 2.0 | 882 | $1,800 | $2.04 | 18d | 1 | 0.60mi |
| 1862 Pueblo Dr Unit 1862 Hemet, CA | 2.0 | 2.0 | 977 | $1,750 | $1.79 | 24d | 1 | 0.63mi |
| 1862 Pueblo Dr Hemet, CA | 2.0 | 2.0 | 977 | $1,900 | $1.94 | 44d | 1 | 0.63mi |
| 1700 Walden Ln Hemet, CA | 3.0 | 2.0 | 1430 | $2,670 | $1.87 | 24d | 1 | 0.68mi |
| 1245 Millie Dr Hemet, CA | 3.0 | 2.0 | 1392 | $2,850 | $2.05 | 8d | 1 | 0.71mi |
| 543 La Cresta Dr Hemet, CA | 2.0 | 2.0 | 1544 | $1,595 | $1.03 | 44d | 1 | 0.75mi |
| 3800 W Devonshire Ave Hemet, CA | 3.0 | 1.0–2.0 | 816 | $2,055 | $2.52 | 2d | 8 | 0.76mi |
| 663 Mariposa Dr Hemet, CA | 2.0 | 2.0 | 1440 | $1,500 | $1.04 | 24d | 1 | 0.90mi |
| 3030 W Acacia Ave Hemet, CA | 1.0–3.0 | 1.0–2.0 | 892 | $1,895 | $2.12 | 2d | 10 | 0.94mi |
| 446 N Elk St Unit D Hemet, CA | 2.0 | 1.0 | 980 | $1,675 | $1.71 | 24d | 1 | 0.98mi |
| 1270 Rosalia Ave Unit 1 Hemet, CA | 2.0 | 1.0 | 900 | $1,800 | $2.00 | 44d | 1 | 1.01mi |
| 2469 W Acacia Ave Hemet, CA | 2.0 | 2.0 | 910 | $1,750 | $1.92 | 24d | 1 | 1.03mi |
| 828 Coramdeo Ct Hemet, CA | 3.0 | 2.0 | 1543 | $3,000 | $1.94 | 44d | 1 | 1.03mi |
| 2403 W Acacia Ave Hemet, CA | 2.0 | 2.0 | 910 | $1,995 | $2.19 | 8d | 1 | 1.03mi |
| 2098 W Acacia Ave Hemet, CA | 1.0–3.0 | 1.0–2.0 | 895 | $2,035 | $2.27 | 2d | 1 | 1.05mi |
| 250 N Elk St Hemet, CA | 2.0 | 1.0 | 900 | $1,625 | $1.81 | 14d | 1 | 1.09mi |
| 1315 W Latham Ave Hemet, CA | 3.0 | 2.5 | 1340 | $2,550 | $1.90 | 44d | 1 | 1.13mi |
| 1967 Connor Ln San Jacinto, CA | 3.0 | 2.5 | 1708 | $2,950 | $1.73 | 8d | 1 | 1.14mi |
| 1844 Paradise Way San Jacinto, CA | 3.0 | 2.0 | 1540 | $3,000 | $1.95 | 44d | 1 | 1.19mi |
| 4400 W Florida Ave Unit 86 Hemet, CA | 3.0 | 2.0 | 1310 | $1,800 | $1.37 | 44d | 1 | 1.28mi |
| 4400 W Florida Ave Spc 26 Hemet, CA | 3.0 | 2.0 | 1193 | $1,699 | $1.42 | 15d | 1 | 1.31mi |
| 1850 Amberwood Dr Hemet, CA | 2.0 | 2.0 | 1170 | $1,561 | $1.33 | 44d | 1 | 1.37mi |
| 471 Whitney Dr Hemet, CA | 2.0 | 2.0 | 1085 | $1,800 | $1.66 | 5d | 1 | 1.39mi |
| 683 Jonquil St Hemet, CA | 3.0 | 2.0 | 1150 | $2,448 | $2.13 | 24d | 1 | 1.45mi |
| 1461 W Mayberry Ave Hemet, CA | 2.0 | 2.0 | 1044 | $1,750 | $1.68 | 44d | 1 | 1.49mi |
Listing history 22 events
-
2026-06-18days on market $70,000 Active 114 DOM
-
2026-06-17days on market $70,000 Active 113 DOM
-
2026-06-16days on market $70,000 Active 112 DOM
-
2026-06-15days on market $70,000 Active 111 DOM
-
2026-06-13days on market $70,000 Active 109 DOM
-
2026-06-09days on market $70,000 Active 105 DOM
-
2026-06-08days on market $70,000 Active 104 DOM
-
2026-06-07days on market $70,000 Active 103 DOM
-
2026-06-04days on market $70,000 Active 100 DOM
-
2026-06-03days on market $70,000 Active 99 DOM
-
2026-06-02days on market $70,000 Active 98 DOM
-
2026-06-01days on market $70,000 Active 97 DOM
-
2026-05-31days on market $70,000 Active 96 DOM
-
2026-04-20price $70,000 1767-char remark
Show marketing remark (1767 chars)
Charming 2-Bedroom, 2-Bathroom Home in Resort-Style Community! Step into comfort and convenience with this inviting 2-bedroom, 2-full bath double-wide home, located in the serene and active 55+ Colonial Country Club community. This home offers a perfect blend of relaxation and recreation with all the resort-style amenities you could ask for. Key Features: Spacious Bedrooms: The home features two generously sized bedrooms and two full bathrooms. The primary bedroom is a true retreat, complete with its own private full bathroom for added privacy and convenience. The second bedroom is also roomy and perfect for guests or a home office. Bright & Open Living Areas: The living room is bathed in natural light, with new flooring and recessed lighting throughout, creating a welcoming space to relax. The dining area offers flexible use, and can easily transform into an additional living space to fit your needs. Modern Kitchen: The fully equipped kitchen boasts ample storage and counter space, making meal prep a breeze. Outdoor Enjoyment: Two covered patios provide stunning mountain views. One patio can be used for entertaining, while the other serves as convenient parking for 2-3 cars. Community Amenities: Enjoy resort-style living with a range of amenities, including a golf course, swimming pool, dog park, pickleball courts, and on-site dog grooming services and a hair salon. Clubhouse: The community clubhouse features a spacious venue with a full kitchen, perfect for hosting gatherings and social events. Embrace a lifestyle of comfort and relaxation in a peaceful community, with easy access to recreational activities and breathtaking views. Centrally located near great shopping, restaurants and entertainment, all minutes away!! Come see!!!
-
2026-03-28price $75,000 1767-char remark
Show marketing remark (1767 chars)
Charming 2-Bedroom, 2-Bathroom Home in Resort-Style Community! Step into comfort and convenience with this inviting 2-bedroom, 2-full bath double-wide home, located in the serene and active 55+ Colonial Country Club community. This home offers a perfect blend of relaxation and recreation with all the resort-style amenities you could ask for. Key Features: Spacious Bedrooms: The home features two generously sized bedrooms and two full bathrooms. The primary bedroom is a true retreat, complete with its own private full bathroom for added privacy and convenience. The second bedroom is also roomy and perfect for guests or a home office. Bright & Open Living Areas: The living room is bathed in natural light, with new flooring and recessed lighting throughout, creating a welcoming space to relax. The dining area offers flexible use, and can easily transform into an additional living space to fit your needs. Modern Kitchen: The fully equipped kitchen boasts ample storage and counter space, making meal prep a breeze. Outdoor Enjoyment: Two covered patios provide stunning mountain views. One patio can be used for entertaining, while the other serves as convenient parking for 2-3 cars. Community Amenities: Enjoy resort-style living with a range of amenities, including a golf course, swimming pool, dog park, pickleball courts, and on-site dog grooming services and a hair salon. Clubhouse: The community clubhouse features a spacious venue with a full kitchen, perfect for hosting gatherings and social events. Embrace a lifestyle of comfort and relaxation in a peaceful community, with easy access to recreational activities and breathtaking views. Centrally located near great shopping, restaurants and entertainment, all minutes away!! Come see!!!
-
2026-02-05historical
-
2025-08-04$79,500 Active 1767-char remark
Show marketing remark (1767 chars)
Charming 2-Bedroom, 2-Bathroom Home in Resort-Style Community! Step into comfort and convenience with this inviting 2-bedroom, 2-full bath double-wide home, located in the serene and active 55+ Colonial Country Club community. This home offers a perfect blend of relaxation and recreation with all the resort-style amenities you could ask for. Key Features: Spacious Bedrooms: The home features two generously sized bedrooms and two full bathrooms. The primary bedroom is a true retreat, complete with its own private full bathroom for added privacy and convenience. The second bedroom is also roomy and perfect for guests or a home office. Bright & Open Living Areas: The living room is bathed in natural light, with new flooring and recessed lighting throughout, creating a welcoming space to relax. The dining area offers flexible use, and can easily transform into an additional living space to fit your needs. Modern Kitchen: The fully equipped kitchen boasts ample storage and counter space, making meal prep a breeze. Outdoor Enjoyment: Two covered patios provide stunning mountain views. One patio can be used for entertaining, while the other serves as convenient parking for 2-3 cars. Community Amenities: Enjoy resort-style living with a range of amenities, including a golf course, swimming pool, dog park, pickleball courts, and on-site dog grooming services and a hair salon. Clubhouse: The community clubhouse features a spacious venue with a full kitchen, perfect for hosting gatherings and social events. Embrace a lifestyle of comfort and relaxation in a peaceful community, with easy access to recreational activities and breathtaking views. Centrally located near great shopping, restaurants and entertainment, all minutes away!! Come see!!!
-
2025-08-04$79,500 Active
Show marketing remark (1767 chars)
Charming 2-Bedroom, 2-Bathroom Home in Resort-Style Community! Step into comfort and convenience with this inviting 2-bedroom, 2-full bath double-wide home, located in the serene and active 55+ Colonial Country Club community. This home offers a perfect blend of relaxation and recreation with all the resort-style amenities you could ask for. Key Features: Spacious Bedrooms: The home features two generously sized bedrooms and two full bathrooms. The primary bedroom is a true retreat, complete with its own private full bathroom for added privacy and convenience. The second bedroom is also roomy and perfect for guests or a home office. Bright & Open Living Areas: The living room is bathed in natural light, with new flooring and recessed lighting throughout, creating a welcoming space to relax. The dining area offers flexible use, and can easily transform into an additional living space to fit your needs. Modern Kitchen: The fully equipped kitchen boasts ample storage and counter space, making meal prep a breeze. Outdoor Enjoyment: Two covered patios provide stunning mountain views. One patio can be used for entertaining, while the other serves as convenient parking for 2-3 cars. Community Amenities: Enjoy resort-style living with a range of amenities, including a golf course, swimming pool, dog park, pickleball courts, and on-site dog grooming services and a hair salon. Clubhouse: The community clubhouse features a spacious venue with a full kitchen, perfect for hosting gatherings and social events. Embrace a lifestyle of comfort and relaxation in a peaceful community, with easy access to recreational activities and breathtaking views. Centrally located near great shopping, restaurants and entertainment, all minutes away!! Come see!!!
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2005-08-27historical
-
2005-08-26historical
-
2005-03-26$56,500
-
2005-03-26$56,500
ⓘ 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
- $310 · $26/mo
- Projected year-2 tax
- $532 · $44/mo
- Expected delta
- +$222/yr (+$18/mo · 71.4%)
ⓘ 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 6/10 Major
- Heat 7/10 Severe 5 d/yr ≥104°F today · 14 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 6/10 Major 12 unhealthy d/yr today · 14 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
- $24,727
- − Mortgage interest
- −$3,921
- − Property taxes
- −$310
- − Insurance
- −$350
- − Repairs & maintenance
- −$1,978
- − Management
- −$1,978
- − Depreciation
- −$2,036
- Taxable income
- $14,153
- Est. tax owed @ 24.0%
- −$3,397
- After-tax cash flow
- $11,072/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
- Hemet Unified
- NCES district ID
- 0616920
- Math proficiency
- 19% ▼ -3.00%
- Reading proficiency
- 41% ▲ 4.00%
- Median HH income
- $39,962
- Composite
- 25.16/100
- National rank
- #7517
- State rank
- #360 of 517 in CA
Livability — Hemet
- Score
- 51/100
- State rank
- #1056
- US rank
- #25208
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hemet, CA
- County
- Riverside County · 2,287,001 people
- City population
- 137,670
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 45,982
- Household income
- $63,770
- Rent vs Own
- Severe rent burden
- 1813.0
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 0.65)
- Race & ethnicity
- Hispanic / Latino 46% White 35% Two or more races 17% Black 8% Asian 5% Native American 1%
- Hispanic origin (detail)
- Mexican 40%
- Common ancestry
- Slovak 2% Lithuanian 2% Portuguese 1%
- Foreign-born
- 19% · Canada, Vietnam, Jamaica
- Languages at home
- 69% English-only · Spanish 27% Tagalog/Filipino 1% Other Indo-European 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
- ▼ -116.25%
- Current HPI
- 356.9414
- Rent YoY
- ▲ 3.74%
- 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 |
|---|---|---|
| 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
+23.9% since first listed9 events — show timeline
- 2026-04-20 Price Changed $70,000 GPSMLS
- 2026-03-28 Price Changed $75,000 GPSMLS
- 2026-02-05 Listing Removed — GPSMLS
- 2025-08-04 Listed $79,500 GPSMLS
- 2025-08-04 Listed $79,500 GPSMLS
- 2005-08-27 Listing Removed — CRMLS
- 2005-08-26 Listing Removed — CRMLS
- 2005-03-26 Listed $56,500 CRMLS
- 2005-03-26 Listed $56,500 CRMLS
Property tax history
-0.8%/yrLatest (2025): $310 · +2.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…