1250 N Kirby · Hemet, CA
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 8/10 · Major
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 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 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
- ARV discount +13.4/15.0
- 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
- Appreciation +0.0/10.0
$88,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this beautifully updated 2-bedroom, 1.5-bath home located in a highly desirable 55+ community in Hemet. This move-in-ready, fully furnished residence features a newly remodeled kitchen with modern finishes and thoughtful design, perfect for everyday living. New flooring throughout the home adds a fresh, cohesive feel and enhances the bright, open layout. Both bedrooms are generously sized, with the primary bedroom offering convenient access to the full sized bath. Enjoy the comfort, low-maintenance lifestyle, and community amenities this sought-after neighborhood provides. Don’t miss this opportunity to own a stylishly updated home in a peaceful, well-established community.
Key facts
- Community amenities
- New flooring
- Updated kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $88k.
Deal economics
- At list price, monthly cash flow is $815 ($10k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $88k).
- Recommended offer: $77k (12.0% below list) — sets the bar for market timing.
- Cap rate 17.4% vs local median 4.8% 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+, amenities F, commute 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.
- Zoned schools: Fruitvale Elementary (805 students, 88% FRL); Rancho Viejo Middle (math 24% / reading 24%, grade F, #277 of 498 statewide, top 73%, 975 students, 88% FRL); Tahquitz High (math 14% / reading 42%, grade F, #777 of 1,170 statewide, top 67%, 1,727 students, 88% FRL) — zoned schools average 88% FRL vs 66% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+3.7%/yr); 294 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 27d 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 33% 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 $608 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 152 days — a 12% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 19y ago; this cycle's ask has dropped $6k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $50k; list at $88k implies a 76% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→19/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 152 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- 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
- 1.97% ✓
- Cap rate
- 17.40%
- Cash-on-cash
- 39.67%
- DSCR
- 2.77
- GRM
- 4.2
CMA / ARV
- ARV (median comp)
- $101,181
- List price
- $88,000
- Delta
- -13.03%
- 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 |
|---|---|---|---|---|---|---|---|
| 1250 N Kirby St #127 | 0.00mi | 2/2.0 | 1,440 (-1%) | 4mo | $46,500 | $32 | 94 |
| 1250 N Kirby #92 | 0.00mi | 2/2.0 | 1,440 (-1%) | 6mo | $99,900 | $69 | 94 |
| 1250 N Kirby #194 | 0.00mi | 3/2.0 (+1) | 1,440 (-1%) | 4mo | $89,000 | $62 | 90 |
| 1250 N Kirby St #77 | 0.00mi | 2/2.0 | 1,536 (+6%) | 2mo | $91,500 | $60 | 89 |
| 1250 N Kirby St #151 | 0.00mi | 3/2.0 (+1) | 1,404 (-4%) | 5mo | $115,000 | $82 | 85 |
| 1250 N Kirby St #181 | 0.00mi | 3/2.0 (+1) | 1,368 (-6%) | 5mo | $85,000 | $62 | 81 |
| 1250 N Kirby St #231 | 0.00mi | 3/2.0 (+1) | 1,600 (+10%) | 6mo | $104,000 | $65 | 73 |
| 1300 W Menlo Ave #126 | 0.61mi | 2/2.0 | 1,440 (-1%) | 6mo | $90,000 | $63 | 64 |
| 1250 N Kirby St #191 | 0.00mi | 3/2.0 (+1) | 1,664 (+14%) | 8mo | $129,000 | $78 | 64 |
| 1150 N Kirby St #72 | 0.37mi | 2/2.0 | 1,296 (-11%) | 6mo | $110,000 | $85 | 60 |
| 1150 N Kirby #75 | 0.37mi | 3/2.0 (+1) | 1,248 (-14%) | 0mo | $107,000 | $86 | 54 |
| 1300 Menlo Ave #81 | 0.60mi | 3/2.0 (+1) | 1,612 (+11%) | 2mo | $155,000 | $96 | 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 · 3.74% rent growth · sell at horizon
- IRR
- 36.8%
- Equity multiple
- 2.58×
- Total profit
- $38,919
- Equity at exit
- $13,121
- IRR
- 43.8%
- Equity multiple
- 5.31×
- Total profit
- $106,097
- Equity at exit
- $7,609
Cash invested: $24,640 (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
- 294
- Price-to-rent
- 4.2×
Monthly cashflow live
- Estimated rent
- $1,736 high interval (Pro) →
- Mortgage (P&I)
- −$461
- Tax from tax record
- −$58 /mo · $701/yr
- Insurance
- −$37
- HOA
- −$0
- Lot rent leased land?
- −$0
- Vacancy / Maint / Mgmt
- −$364
- Net cashflow
- $815
Break-even live
Sensitivity live
| Price | -10% $864 | -5% $840 | +0% $815 | +5% $790 | +10% $765 |
|---|---|---|---|---|---|
| Rent | -10% $677 | -5% $746 | +0% $815 | +5% $883 | +10% $952 |
| Rate | -1.0pp $859 | -0.5pp $837 | base $815 | +0.5pp $792 | +1.0pp $769 |
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
- $22,000
- Closing costs
- $2,640
- 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 30 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2208 El Grande St Hemet, CA | 2.0 | 2.0 | 1327 | $2,000 | $1.51 | 1d | 1 | 0.47mi |
| 2208 El Grande St Hemet, CA | 2.0 | 2.0 | 1327 | $2,100 | $1.58 | 20d | 1 | 0.47mi |
| 1844 Paradise Way San Jacinto, CA | 3.0 | 2.0 | 1540 | $3,000 | $1.95 | 46d | 1 | 0.57mi |
| 2014 Iris Way Hemet, CA | 3.0 | 2.0 | 1192 | $2,850 | $2.39 | 46d | 1 | 0.59mi |
| 1700 Walden Ln Hemet, CA | 3.0 | 2.0 | 1430 | $2,670 | $1.87 | 26d | 1 | 0.62mi |
| 1967 Connor Ln San Jacinto, CA | 3.0 | 2.5 | 1708 | $2,950 | $1.73 | 1d | 1 | 0.67mi |
| 1967 Connor Ln San Jacinto, CA | 3.0 | 2.5 | 1708 | $2,950 | $1.73 | 10d | 1 | 0.67mi |
| 828 Coramdeo Ct Hemet, CA | 3.0 | 2.0 | 1543 | $3,000 | $1.94 | 46d | 1 | 0.69mi |
| 853 Ensenada Dr Hemet, CA | 2.0 | 2.0 | 1350 | $1,875 | $1.39 | 26d | 1 | 0.81mi |
| 853 Ensenada Dr Hemet, CA | 2.0 | 2.0 | 1350 | $1,875 | $1.39 | 14d | 1 | 0.81mi |
| 1245 Millie Dr Hemet, CA | 3.0 | 2.0 | 1392 | $2,850 | $2.05 | 10d | 1 | 0.84mi |
| 811 Alondra Dr Hemet, CA | 2.0 | 2.0 | 1166 | $1,875 | $1.61 | 7d | 1 | 0.87mi |
| 663 Mariposa Dr Hemet, CA | 2.0 | 2.0 | 1440 | $1,500 | $1.04 | 26d | 1 | 0.88mi |
| 627 Solano Dr Hemet, CA | 2.0 | 2.0 | 882 | $1,800 | $2.04 | 21d | 1 | 0.89mi |
| 543 La Cresta Dr Hemet, CA | 2.0 | 2.0 | 1544 | $1,595 | $1.03 | 46d | 1 | 0.92mi |
| 601 Corona St Hemet, CA | 2.0 | 2.0 | 882 | $1,700 | $1.93 | 1d | 1 | 0.92mi |
| 1559 Park Meadows Dr San Jacinto, CA | 3.0 | 2.0 | 1644 | $2,675 | $1.63 | 46d | 1 | 0.92mi |
| 1964 W Oakland Ave Hemet, CA | 2.0 | 2.0 | 977 | $1,695 | $1.73 | 20d | 1 | 0.97mi |
| 1862 Pueblo Dr Unit 1862 Hemet, CA | 2.0 | 2.0 | 977 | $1,750 | $1.79 | 26d | 1 | 1.01mi |
| 1862 Pueblo Dr Hemet, CA | 2.0 | 2.0 | 977 | $1,900 | $1.94 | 46d | 1 | 1.01mi |
| 743 Via Linda Dr Hemet, CA | 2.0 | 2.0 | 1206 | $1,995 | $1.65 | 7d | 1 | 1.05mi |
| 446 N Elk St Unit D Hemet, CA | 2.0 | 1.0 | 980 | $1,675 | $1.71 | 26d | 1 | 1.07mi |
| 1270 Rosalia Ave Unit 1 Hemet, CA | 2.0 | 1.0 | 900 | $1,800 | $2.00 | 46d | 1 | 1.14mi |
| 1106 Don Carlos Ct San Jacinto, CA | 3.0 | 2.0 | 1389 | $2,999 | $2.16 | 46d | 1 | 1.20mi |
| 1410 Cottonwood Ave San Jacinto, CA | 2.0 | 1.5 | 1257 | $2,300 | $1.83 | 46d | 1 | 1.27mi |
| 2770 W Devonshire Ave Hemet, CA | 1.0–2.0 | 1.0–2.0 | 707 | $1,945 | $2.75 | 0d | 10 | 1.28mi |
| 1066 Birch Ln San Jacinto, CA | 3.0 | 2.0 | 1785 | $2,600 | $1.46 | 7d | 1 | 1.30mi |
| 250 N Elk St Hemet, CA | 2.0 | 1.0 | 900 | $1,625 | $1.81 | 16d | 1 | 1.33mi |
| 3471 Dublin Ct Hemet, CA | 3.0 | 2.0 | 1276 | $2,895 | $2.27 | 6d | 1 | 1.41mi |
| 1315 W Latham Ave Hemet, CA | 3.0 | 2.5 | 1340 | $2,550 | $1.90 | 46d | 1 | 1.43mi |
Listing history 29 events
-
2026-06-22days on market $88,000 Active 152 DOM
-
2026-06-21days on market $88,000 Active 151 DOM
-
2026-06-18days on market $88,000 Active 148 DOM
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2026-06-17days on market $88,000 Active 147 DOM
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2026-06-16days on market $88,000 Active 146 DOM
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2026-06-15days on market $88,000 Active 145 DOM
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2026-06-13days on market $88,000 Active 143 DOM
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2026-06-09days on market $88,000 Active 139 DOM
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2026-06-08days on market $88,000 Active 138 DOM
-
2026-06-07days on market $88,000 Active 137 DOM
-
2026-06-04days on market $88,000 Active 134 DOM
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2026-06-03days on market $88,000 Active 133 DOM
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2026-06-02days on market $88,000 Active 132 DOM
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2026-06-01days on market $88,000 Active 131 DOM
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2026-05-31days on market $88,000 Active 130 DOM
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2026-04-27price $88,000 699-char remark
Show marketing remark (699 chars)
Welcome to this beautifully updated 2-bedroom, 1.5-bath home located in a highly desirable 55+ community in Hemet. This move-in-ready, fully furnished residence features a newly remodeled kitchen with modern finishes and thoughtful design, perfect for everyday living. New flooring throughout the home adds a fresh, cohesive feel and enhances the bright, open layout. Both bedrooms are generously sized, with the primary bedroom offering convenient access to the full sized bath. Enjoy the comfort, low-maintenance lifestyle, and community amenities this sought-after neighborhood provides. Don’t miss this opportunity to own a stylishly updated home in a peaceful, well-established community.
-
2026-01-21$93,777 Active 699-char remark
Show marketing remark (699 chars)
Welcome to this beautifully updated 2-bedroom, 1.5-bath home located in a highly desirable 55+ community in Hemet. This move-in-ready, fully furnished residence features a newly remodeled kitchen with modern finishes and thoughtful design, perfect for everyday living. New flooring throughout the home adds a fresh, cohesive feel and enhances the bright, open layout. Both bedrooms are generously sized, with the primary bedroom offering convenient access to the full sized bath. Enjoy the comfort, low-maintenance lifestyle, and community amenities this sought-after neighborhood provides. Don’t miss this opportunity to own a stylishly updated home in a peaceful, well-established community.
-
2013-10-10soldstatus $50,000 Closed 896-char remark
Show marketing remark (896 chars)
"BACK ON MARKET" This is a beautiful upgraded Manufacture home in the senior community of "Foot Hills of Hemet". From the moment you walk thru the front door of this home you will notice the upgraded hardwood floors, designer paint, plantation shutters, stainless steel appliances, Fans in all the bedrooms, new fixtures, upgraded lighting. The home affords 3 bedrooms 2 baths, 2 car garage, beautiful kitchen with a backslash of tile offering formica counters with tile and skylight. The cabinets in the kitchen are just gorgeous with a set of them being beveled glass doors. Separate indoor laundry room with pantry. The Dining room area from the kitchen is large enough for entertaining large family get togethers. From the Dining room you flow right into the greatroom for quiet conversations or relaxing. The back yard patio is the finishing touch to this beautiful home.
-
2013-09-21status Pending 896-char remark
Show marketing remark (896 chars)
"BACK ON MARKET" This is a beautiful upgraded Manufacture home in the senior community of "Foot Hills of Hemet". From the moment you walk thru the front door of this home you will notice the upgraded hardwood floors, designer paint, plantation shutters, stainless steel appliances, Fans in all the bedrooms, new fixtures, upgraded lighting. The home affords 3 bedrooms 2 baths, 2 car garage, beautiful kitchen with a backslash of tile offering formica counters with tile and skylight. The cabinets in the kitchen are just gorgeous with a set of them being beveled glass doors. Separate indoor laundry room with pantry. The Dining room area from the kitchen is large enough for entertaining large family get togethers. From the Dining room you flow right into the greatroom for quiet conversations or relaxing. The back yard patio is the finishing touch to this beautiful home.
-
2013-08-31price $49,500 896-char remark
Show marketing remark (896 chars)
"BACK ON MARKET" This is a beautiful upgraded Manufacture home in the senior community of "Foot Hills of Hemet". From the moment you walk thru the front door of this home you will notice the upgraded hardwood floors, designer paint, plantation shutters, stainless steel appliances, Fans in all the bedrooms, new fixtures, upgraded lighting. The home affords 3 bedrooms 2 baths, 2 car garage, beautiful kitchen with a backslash of tile offering formica counters with tile and skylight. The cabinets in the kitchen are just gorgeous with a set of them being beveled glass doors. Separate indoor laundry room with pantry. The Dining room area from the kitchen is large enough for entertaining large family get togethers. From the Dining room you flow right into the greatroom for quiet conversations or relaxing. The back yard patio is the finishing touch to this beautiful home.
-
2013-07-13status Active 896-char remark
Show marketing remark (896 chars)
"BACK ON MARKET" This is a beautiful upgraded Manufacture home in the senior community of "Foot Hills of Hemet". From the moment you walk thru the front door of this home you will notice the upgraded hardwood floors, designer paint, plantation shutters, stainless steel appliances, Fans in all the bedrooms, new fixtures, upgraded lighting. The home affords 3 bedrooms 2 baths, 2 car garage, beautiful kitchen with a backslash of tile offering formica counters with tile and skylight. The cabinets in the kitchen are just gorgeous with a set of them being beveled glass doors. Separate indoor laundry room with pantry. The Dining room area from the kitchen is large enough for entertaining large family get togethers. From the Dining room you flow right into the greatroom for quiet conversations or relaxing. The back yard patio is the finishing touch to this beautiful home.
-
2013-07-09status Backup Offers Accepted 896-char remark
Show marketing remark (896 chars)
"BACK ON MARKET" This is a beautiful upgraded Manufacture home in the senior community of "Foot Hills of Hemet". From the moment you walk thru the front door of this home you will notice the upgraded hardwood floors, designer paint, plantation shutters, stainless steel appliances, Fans in all the bedrooms, new fixtures, upgraded lighting. The home affords 3 bedrooms 2 baths, 2 car garage, beautiful kitchen with a backslash of tile offering formica counters with tile and skylight. The cabinets in the kitchen are just gorgeous with a set of them being beveled glass doors. Separate indoor laundry room with pantry. The Dining room area from the kitchen is large enough for entertaining large family get togethers. From the Dining room you flow right into the greatroom for quiet conversations or relaxing. The back yard patio is the finishing touch to this beautiful home.
-
2013-06-26$58,500 Active 896-char remark
Show marketing remark (896 chars)
"BACK ON MARKET" This is a beautiful upgraded Manufacture home in the senior community of "Foot Hills of Hemet". From the moment you walk thru the front door of this home you will notice the upgraded hardwood floors, designer paint, plantation shutters, stainless steel appliances, Fans in all the bedrooms, new fixtures, upgraded lighting. The home affords 3 bedrooms 2 baths, 2 car garage, beautiful kitchen with a backslash of tile offering formica counters with tile and skylight. The cabinets in the kitchen are just gorgeous with a set of them being beveled glass doors. Separate indoor laundry room with pantry. The Dining room area from the kitchen is large enough for entertaining large family get togethers. From the Dining room you flow right into the greatroom for quiet conversations or relaxing. The back yard patio is the finishing touch to this beautiful home.
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2013-02-01historical
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2013-01-07price $35,000
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2012-12-08price $49,000
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2012-10-15$59,000 Active
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2007-12-08historical
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2007-01-22$132,500
ⓘ 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
- $701 · $58/mo
- Projected year-2 tax
- $701 · $58/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 8/10 Severe 7 d/yr ≥104°F today · 19 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
- $20,828
- − Mortgage interest
- −$4,929
- − Property taxes
- −$701
- − Insurance
- −$440
- − Repairs & maintenance
- −$1,666
- − Management
- −$1,666
- − Depreciation
- −$2,560
- Taxable income
- $8,865
- Est. tax owed @ 24.0%
- −$2,128
- After-tax cash flow
- $7,648/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
-33.6% since first listed14 events — show timeline
- 2026-04-27 Price Changed $88,000 CRMLS
- 2026-01-21 Listed $93,777 CRMLS
- 2013-10-10 Sold (MLS) $50,000 CRMLS
- 2013-09-21 Pending — CRMLS
- 2013-08-31 Price Changed $49,500 CRMLS
- 2013-07-13 Relisted — CRMLS
- 2013-07-09 Pending — CRMLS
- 2013-06-26 Listed $58,500 CRMLS
- 2013-02-01 Listing Removed — CRMLS
- 2013-01-07 Price Changed $35,000 CRMLS
- 2012-12-08 Price Changed $49,000 CRMLS
- 2012-10-15 Listed $59,000 CRMLS
- 2007-12-08 Listing Removed — CRMLS
- 2007-01-22 Listed $132,500 CRMLS
Property tax history
-0.1%/yrLatest (2025): $701 · +5.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…