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1225 Taft #23
C+ Composite 62.7
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 +3.9/5.0
  • Schools +3.4/10.0
  • Livability +2.9/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$135,000

1225 Taft #23 · Bakersfield, CA 93307
3 bd · 2.0 ba · 1,716 sqft · Manufactured public records · 245 Days on market
Built 1997 $79/sqft · 37% above area Est $98k · 37% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Spacious and impeccably cared-for, this 3-bedroom, 2-bath manufactured home is located in the sought-after 55+ West Hills Mobile Home Park with easy access to Highway 99. The open floor plan creates a seamless flow between the expansive living area and the stylish kitchen, featuring granite countertops, crisp white cabinetry, and stainless steel appliances. The primary suite is designed for comfort, complete with a soaking tub, walk-in shower, and dual vanities. Step outside to unwind on the covered patio surrounded by mature greenery or enjoy morning coffee on the inviting front porch. With updated flooring, abundant natural light, and well-appointed finishes throughout, this home is truly move-in ready. The community offers a convenient lifestyle, just minutes from shopping, dining, and everyday amenities.

Key facts

  • Soaking tub
  • Walk-in shower
  • Modern kitchen

Tags

OPEN-CONCEPT FLOOR PLANMODERN KITCHENGRANITE COUNTERTOPSSTAINLESS STEEL APPLIANCESSOAKING TUBWALK-IN SHOWER

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 manufactured listed at $135k.

Deal economics

  • At list price, monthly cash flow is $1k ($13k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $135k).
  • Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.8% vs local median 3.6% in Bakersfield — 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 58/100 on livability (#716 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: health & safety D, schools D-, crime F.
  • Kern High (urban): math 21% / reading 51% proficiency, ranked #860 of 1,400 in CA (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+5.7%/yr); 311 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
  • At $2,402/mo this rent would consume 51% of the median local household income ($56k/yr) (locally 3246% 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 $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 5.7% rent growth), your $38k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 245 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 14y ago 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.
  • Current owner paid $62k; list at $135k implies a 118% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $118,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 245 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is F 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?
  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
1.78%
Cap rate
15.80%
Cash-on-cash
33.94%
DSCR
2.51
GRM
4.7

CMA / ARV

ARV (median comp)
$98,422
List price
$135,000
Delta
37.16%
Verdict
OVERPRICED
Comps
3 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1225 Taft #3 0.00mi 3/2.0 1,782 (+4%) 3mo $144,000 $81 91
1225 Taft Hwy #88 0.00mi 2/2.0 (-1) 1,638 (-4%) 24mo $148,000 $90 68

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 · 5.71% rent growth · sell at horizon

5-year hold
IRR
32.2%
Equity multiple
2.40×
Total profit
$52,916
Equity at exit
$20,129
10-year hold
IRR
40.6%
Equity multiple
5.31×
Total profit
$162,832
Equity at exit
$11,672

Cash invested: $37,800 (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 93307

Rents YoY
5.7%
Active inventory
311
Price-to-rent
4.7×

Monthly cashflow live

Estimated rent
$2,402 high interval (Pro) →
Mortgage (P&I)
$708
Tax from tax record
$65 /mo · $776/yr
Insurance
$56
HOA
$0
Vacancy / Maint / Mgmt
$505
Net cashflow
$1,069

Break-even live

Break-even rent $1,049
Max offer price $135,000
Occupancy floor 50%

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
$33,750
Closing costs
$4,050
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 17 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9118 Davedaly Ct Bakersfield, CA 3.0 2.0 1700 $2,300 $1.35 3d 1 0.78mi
2401 Donnalynn St Bakersfield, CA 4.0 2.0 2048 $3,900 $1.90 3d 1 0.78mi
265 Hudson Dr Bakersfield, CA 4.0 2.0 1766 $2,900 $1.64 3d 1 0.79mi
2402 Lebow Ct Bakersfield, CA 4.0 2.0 2100 $2,495 $1.19 44d 1 0.84mi
1408 Interlaken Dr Bakersfield, CA 3.0 2.0 1159 $2,250 $1.94 21d 1 0.87mi
8914 S Union Ave Bakersfield, CA 3.0 2.0 1500 $1,950 $1.30 3d 1 0.88mi
2717 Mercedes Dr Bakersfield, CA 4.0 2.0 1900 $2,600 $1.37 19d 1 1.02mi
8602 Vincenso Way Bakersfield, CA 3.0 2.0 1607 $2,550 $1.59 3d 1 1.13mi
8211 Slider Dr Bakersfield, CA 4.0 2.0 2100 $2,550 $1.21 3d 1 1.14mi
600 Hosking Ave Apt 69A Bakersfield, CA 3.0 2.0 1208 $1,850 $1.53 19d 1 1.19mi
600 Hosking Ave Unit 56A Bakersfield, CA 3.0 2.0 1200 $1,750 $1.46 3d 1 1.19mi
600 Hosking Ave Unit 51D Bakersfield, CA 3.0 2.0 1200 $1,800 $1.50 3d 1 1.19mi
600 Hosking Ave Unit 73D Bakersfield, CA 3.0 2.0 1230 $1,850 $1.50 44d 1 1.19mi
600 Hosking Ave Unit 43B Bakersfield, CA 2.0 1.5 1050 $1,650 $1.57 44d 1 1.19mi
301 Alysheba Dr Bakersfield, CA 4.0 2.5 1864 $2,650 $1.42 10d 1 1.24mi
1305 Quartz Hill Rd Bakersfield, CA 3.0 2.0 1351 $2,250 $1.67 3d 1 1.31mi
3106 Stone Meadows Dr Bakersfield, CA 4.0 3.0 2223 $2,700 $1.21 3d 1 1.38mi

Listing history 40 events

  1. 2026-06-18
    days on market $135,000 Active 245 DOM
  2. 2026-06-17
    days on market $135,000 Active 244 DOM
  3. 2026-06-16
    days on market $135,000 Active 243 DOM
  4. 2026-06-15
    days on market $135,000 Active 242 DOM
  5. 2026-06-14
    days on market $135,000 Active 240 DOM
  6. 2026-06-13
    days on market $135,000 Active 239 DOM
  7. 2026-06-10
    days on market $135,000 Active 237 DOM
  8. 2026-06-09
    days on market $135,000 Active 236 DOM
  9. 2026-06-08
    days on market $135,000 Active 235 DOM
  10. 2026-06-07
    days on market $135,000 Active 234 DOM
  11. 2026-06-05
    days on market $135,000 Active 231 DOM
  12. 2026-06-03
    days on market $135,000 Active 230 DOM
  13. 2026-06-03
    days on market $135,000 Active 229 DOM
  14. 2026-06-01
    days on market $135,000 Active 228 DOM
  15. 2026-05-31
    days on market $135,000 Active 227 DOM
  16. 2026-04-18
    listed $135,000 Active 819-char remark
    Show marketing remark (819 chars)

    Spacious and impeccably cared-for, this 3-bedroom, 2-bath manufactured home is located in the sought-after 55+ West Hills Mobile Home Park with easy access to Highway 99. The open floor plan creates a seamless flow between the expansive living area and the stylish kitchen, featuring granite countertops, crisp white cabinetry, and stainless steel appliances. The primary suite is designed for comfort, complete with a soaking tub, walk-in shower, and dual vanities. Step outside to unwind on the covered patio surrounded by mature greenery or enjoy morning coffee on the inviting front porch. With updated flooring, abundant natural light, and well-appointed finishes throughout, this home is truly move-in ready. The community offers a convenient lifestyle, just minutes from shopping, dining, and everyday amenities.

  17. 2026-04-07
    price $135,000
  18. 2026-02-21
    price $135,000
  19. 2025-10-16
    listed $139,000 Active
  20. 2025-10-16
    listed $139,000 Active
  21. 2020-03-06
    price $62,000
  22. 2020-03-06
    soldstatus $62,000 Sold
  23. 2020-02-18
    status Pending
  24. 2020-02-18
    price $63,000
  25. 2020-01-07
    listed $63,000 Active
  26. 2018-11-05
    soldstatus $55,000 Sold
  27. 2018-10-10
    status Pending
  28. 2018-10-02
    status Active
  29. 2018-10-01
    historical
  30. 2018-06-22
    price $55,000
  31. 2018-04-06
    price $61,000
  32. 2018-01-22
    listed $61,900 Active
  33. 2017-10-17
    price $62,500
  34. 2017-07-31
    price $65,000
  35. 2015-06-11
    soldstatus $55,000
  36. 2015-04-19
    historical
  37. 2015-01-02
    listed $55,000
  38. 2012-02-13
    soldstatus $35,000
  39. 2012-02-02
    historical
  40. 2012-01-14
    listed $35,000

ⓘ 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
$776 · $65/mo
Projected year-2 tax
$1,026 · $86/mo
Expected delta
+$250/yr (+$21/mo · 32.2%)

ⓘ 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 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 33 unhealthy d/yr today · 37 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
$28,830
− Mortgage interest
−$7,562
− Property taxes
−$776
− Insurance
−$675
− Repairs & maintenance
−$2,306
− Management
−$2,306
− Depreciation
−$3,927
Taxable income
$11,277
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,706
After-tax cash flow
$10,123/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
Kern High
NCES district ID
0619540
Math proficiency
21% ▬ 0.00%
Reading proficiency
51% ▲ 2.00%
Median HH income
$49,686
Composite
33.68/100
National rank
#10443
State rank
#860 of 1400 in CA

Livability — Bakersfield

Score
58/100
State rank
#716
US rank
#21355

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bakersfield, CA
County
Kern County · 710,371 people
City population
499,124
Metro
Bakersfield, CA
Population (ZIP)
85,945
Household income
$56,446
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
3246.0

Population outlook (Kern County) Hauer SSP2

Today (2025)
947,286 people
By 2030
978,984 · +3.3%
By 2040
1,045,018 · +10.3%
By 2050
1,105,232 · +16.7%
By 2075
1,229,538 · +29.8%
By 2100
1,238,059 · +30.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (80%)
Race & ethnicity
Hispanic / Latino 80% Two or more races 12% White 10% Black 6% Asian 3% Native American 1%
Hispanic origin (detail)
Mexican 73%
Common ancestry
Lithuanian 0%
Foreign-born
31% · Canada
Languages at home
28% English-only · Spanish 69% Other Indo-European 1% Arabic 1%

Political lean MEDSL · Kern

2024 margin
Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
2008→2024 swing
-3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
All cycles
2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -263.59%
Current HPI
447.1746
Rent YoY
▲ 5.71%
Metro
Bakersfield, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+285.7% since first listed
25 events — show timeline
  • 2026-04-18 Listed $135,000 GEMLS
  • 2026-04-07 Price Changed $135,000 CRMLS
  • 2026-02-21 Price Changed $135,000 GEMLS
  • 2025-10-16 Listed $139,000 CRMLS
  • 2025-10-16 Listed $139,000 GEMLS
  • 2020-03-06 Price Changed $62,000 GEMLS
  • 2020-03-06 Sold (MLS) $62,000 GEMLS
  • 2020-02-18 Pending GEMLS
  • 2020-02-18 Price Changed $63,000 GEMLS
  • 2020-01-07 Listed $63,000 GEMLS
  • 2018-11-05 Sold (MLS) $55,000 GEMLS
  • 2018-10-10 Pending GEMLS
  • 2018-10-02 Relisted GEMLS
  • 2018-10-01 Delisted GEMLS
  • 2018-06-22 Price Changed $55,000 GEMLS
  • 2018-04-06 Price Changed $61,000 GEMLS
  • 2018-01-22 Listed $61,900 GEMLS
  • 2017-10-17 Price Changed $62,500 GEMLS
  • 2017-07-31 Price Changed $65,000 GEMLS
  • 2015-06-11 Sold (MLS) $55,000 GEMLS
  • 2015-04-19 Delisted GEMLS
  • 2015-01-02 Listed $55,000 GEMLS
  • 2012-02-13 Sold (MLS) $35,000 GEMLS
  • 2012-02-02 Delisted GEMLS
  • 2012-01-14 Listed $35,000 GEMLS

Property tax history

+4.4%/yr

Latest (2025): $776 · +4.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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