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336 E Alluvial Ave #119
C Composite 58.38
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 +27.2/30.0
  • DSCR +9.4/10.0
  • 1% rule +7.4/10.0
  • Schools +5.9/10.0
  • Livability +3.1/5.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$169,999

336 E Alluvial Ave #119 · Fresno, CA 93720
3 bd · 2.0 ba · 1,056 sqft · Manufactured public records · 136 Days on market
Built 2019 $161/sqft · 103% above area Est $118k · 45% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Built in 2019 by Fleetwood Homes, this energy-efficient double-wide manufactured home is located in San Joaquin Village Mobile Home Parka well-maintained, all-ages community in the award-winning Clovis Unified School District. Ideally situated within walking distance to River Park Shopping Center and Kaiser Hospital, this 3-bedroom, 2-bath home offers approximately 1,500 sq. ft. of comfortable, move-in ready living space.Enjoy an open and airy floor plan featuring vaulted ceilings, dual-pane windows, neutral flooring, ceiling fans, and central heating & air. The spacious living room is filled with natural light from large windows adorned with wood box valances. The gourmet kitchen opens to the living area and features wood cabinetry, gas appliances, a large center island, and dishwasher perfect for entertaining or everyday living.The private primary suite includes a walk-in closet and an en-suite bath with dual sinks. Additional highlights include an indoor laundry room with gas hookups, a covered front porch, a 2-car carport, and a storage shed.San Joaquin Village offers a variety of amenities, including a pool, spa, clubhouse, playground, and RV parkingmaking this the perfect place to call home.

Key facts

  • Covered front porch
  • Gourmet kitchen
  • Storage shed

Tags

OPEN AND AIRY FLOOR PLANGOURMET KITCHENWALK IN CLOSETINDOOR LAUNDRY ROOMCOVERED FRONT PORCHSTORAGE SHED

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 $170k.

Deal economics

  • At list price, monthly cash flow is $484 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $170k).
  • Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.7% vs local median 3.7% in Fresno — 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 62/100 on livability (#469 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+; Watch: amenities D+, employment D+, schools D.
  • Clovis Unified (suburban): math 58% / reading 72% proficiency, ranked #152 of 1,400 in CA (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents rising (+1.9%/yr); 176 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,426 units permitted in Fresno County in 2024 (296 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Fresno County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 136 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 15y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $110k; list at $170k implies a 55% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $149,599 (12.0% below list)

Questions for the listing agent

  1. It's been on market 136 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
1.24%
Cap rate
9.71%
Cash-on-cash
12.20%
DSCR
1.54
GRM
6.7

CMA / ARV

ARV (median comp)
$117,500
List price
$169,999
Delta
44.68%
Verdict
OVERPRICED
Comps
14 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
336 E Alluvial Ave #1 0.05mi 2/2.0 (-1) 1,056 (0%) 4mo $125,000 $118 90
336 E Alluvial Ave Spc 5 0.00mi 2/2.0 (-1) 1,080 (+2%) 11mo $127,500 $118 82
336 E Alluvial Ave #165 0.00mi 3/2.0 1,080 (+2%) 23mo $145,000 $134 77
7676 Fresno St #84 0.23mi 2/1.0 (-1) 900 (-15%) 15mo $80,000 $89 43

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 · 1.91% rent growth · sell at horizon

5-year hold
IRR
0.6%
Equity multiple
1.02×
Total profit
$1,035
Equity at exit
$25,347
10-year hold
IRR
9.1%
Equity multiple
1.66×
Total profit
$31,580
Equity at exit
$14,698

Cash invested: $47,600 (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
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 93720

Rents YoY
1.9%
Active inventory
176
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$2,100 high interval (Pro) →
Mortgage (P&I)
$891
Tax est. 1.5%
$212 /mo · $2,550/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$441
Net cashflow
$484

Break-even live

Break-even rent $1,487
Max offer price $169,999
Occupancy floor 72%

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
$42,500
Closing costs
$5,100
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 16 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7579 N Angus St Unit 101 Fresno, CA 2.0 2.0 1245 $1,825 $1.47 24d 1 0.14mi
7580 N Angus St Fresno, CA 2.0 2.0 1350 $1,900 $1.41 44d 1 0.15mi
7722 N Angus St Fresno, CA 1.0–2.0 1.0–2.0 820 $1,575 $1.92 3d 1 0.30mi
7511 N First St Fresno, CA 1.0–3.0 1.0–2.5 1078 $2,350 $2.18 2d 21 0.31mi
7625 N First St Fresno, CA 1.0–2.0 1.0 739 $1,625 $2.20 2d 2 0.37mi
7675 N First St Fresno, CA 1.0–2.0 1.0–2.0 989 $1,830 $1.85 44d 1 0.39mi
875 E Cromwell Ave Fresno, CA 3.0 2.0 1472 $2,800 $1.90 14d 1 0.69mi
1050 E Fallbrook Ave Fresno, CA 3.0 2.0 1457 $2,750 $1.89 24d 1 0.92mi
373 W Nees Ave Fresno, CA 1.0–2.0 1.0–2.0 867 $1,855 $2.14 3d 1 0.99mi
6515 N Orchard St Fresno, CA 3.0 2.0 1500 $2,300 $1.53 16d 1 0.99mi
445 W Nees Ave Fresno, CA 1.0–2.0 1.0–2.0 847 $1,820 $2.15 2d 10 1.12mi
8440 N Millbrook Ave Fresno, CA 1.0–2.0 1.5–2.0 1002 $2,000 $2.00 44d 1 1.28mi
91 W Sierra Ave Fresno, CA 3.0 1.5 1291 $2,500 $1.94 16d 1 1.28mi
8153 N Cedar Ave #212 Fresno, CA 2.0 2.0 1141 $1,750 $1.53 24d 1 1.40mi
7350 N Cedar Ave Fresno, CA 2.0 1.0 915 $1,816 $1.98 2d 2 1.44mi
135 E Stuart Ave Fresno, CA 3.0 1.0 1120 $1,995 $1.78 3d 1 1.46mi

Listing history 26 events

  1. 2026-06-18
    days on market $169,999 Active 136 DOM
  2. 2026-06-17
    days on market $169,999 Active 135 DOM
  3. 2026-06-16
    days on market $169,999 Active 134 DOM
  4. 2026-06-15
    days on market $169,999 Active 133 DOM
  5. 2026-06-13
    days on market $169,999 Active 131 DOM
  6. 2026-06-13
    days on market $169,999 Active 130 DOM
  7. 2026-06-10
    days on market $169,999 Active 128 DOM
  8. 2026-06-09
    days on market $169,999 Active 127 DOM
  9. 2026-06-08
    days on market $169,999 Active 126 DOM
  10. 2026-06-07
    days on market $169,999 Active 125 DOM
  11. 2026-06-05
    days on market $169,999 Active 122 DOM
  12. 2026-06-03
    days on market $169,999 Active 121 DOM
  13. 2026-06-02
    days on market $169,999 Active 120 DOM
  14. 2026-06-01
    days on market $169,999 Active 119 DOM
  15. 2026-05-31
    days on market $169,999 Active 118 DOM
  16. 2026-04-23
    price $174,999 1220-char remark
    Show marketing remark (1220 chars)

    Built in 2019 by Fleetwood Homes, this energy-efficient double-wide manufactured home is located in San Joaquin Village Mobile Home Parka well-maintained, all-ages community in the award-winning Clovis Unified School District. Ideally situated within walking distance to River Park Shopping Center and Kaiser Hospital, this 3-bedroom, 2-bath home offers approximately 1,500 sq. ft. of comfortable, move-in ready living space.Enjoy an open and airy floor plan featuring vaulted ceilings, dual-pane windows, neutral flooring, ceiling fans, and central heating & air. The spacious living room is filled with natural light from large windows adorned with wood box valances. The gourmet kitchen opens to the living area and features wood cabinetry, gas appliances, a large center island, and dishwasher perfect for entertaining or everyday living.The private primary suite includes a walk-in closet and an en-suite bath with dual sinks. Additional highlights include an indoor laundry room with gas hookups, a covered front porch, a 2-car carport, and a storage shed.San Joaquin Village offers a variety of amenities, including a pool, spa, clubhouse, playground, and RV parkingmaking this the perfect place to call home.

  17. 2026-02-02
    listed $179,999 Active 1220-char remark
    Show marketing remark (1220 chars)

    Built in 2019 by Fleetwood Homes, this energy-efficient double-wide manufactured home is located in San Joaquin Village Mobile Home Parka well-maintained, all-ages community in the award-winning Clovis Unified School District. Ideally situated within walking distance to River Park Shopping Center and Kaiser Hospital, this 3-bedroom, 2-bath home offers approximately 1,500 sq. ft. of comfortable, move-in ready living space.Enjoy an open and airy floor plan featuring vaulted ceilings, dual-pane windows, neutral flooring, ceiling fans, and central heating & air. The spacious living room is filled with natural light from large windows adorned with wood box valances. The gourmet kitchen opens to the living area and features wood cabinetry, gas appliances, a large center island, and dishwasher perfect for entertaining or everyday living.The private primary suite includes a walk-in closet and an en-suite bath with dual sinks. Additional highlights include an indoor laundry room with gas hookups, a covered front porch, a 2-car carport, and a storage shed.San Joaquin Village offers a variety of amenities, including a pool, spa, clubhouse, playground, and RV parkingmaking this the perfect place to call home.

  18. 2025-12-23
    price $179,999
  19. 2020-03-30
    soldstatus $110,000 Sold
  20. 2020-03-11
    status Pending
  21. 2020-03-10
    status Backup
  22. 2020-01-29
    listed $110,000 Active
  23. 2011-12-15
    soldstatus $11,000
  24. 2011-11-06
    price $13,500
  25. 2011-11-06
    historical
  26. 2011-09-28
    listed $11,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 48 unhealthy d/yr today · 50 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$25,198
− Mortgage interest
−$9,523
− Property taxes
−$2,550
− Insurance
−$850
− Repairs & maintenance
−$2,016
− Management
−$2,016
− Depreciation
−$4,945
Taxable income
$3,298
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$792
After-tax cash flow
$5,017/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
Clovis Unified
NCES district ID
0609030
Math proficiency
58% ▲ 1.00%
Reading proficiency
72% ▲ 2.00%
Median HH income
$71,950
Composite
58.7/100
National rank
#2003
State rank
#152 of 1400 in CA

Livability — Fresno

Score
62/100
State rank
#469
US rank
#15907

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Fresno, CA
County
Fresno County · 834,801 people
City population
593,114
Metro
Fresno, CA
Population (ZIP)
50,089
Household income
$105,050
Rent vs Own
43.2% rent · 56.8% own
Severe rent burden
1796.0

Population outlook (Fresno County) Hauer SSP2

Today (2025)
1,042,971 people
By 2030
1,072,198 · +2.8%
By 2040
1,122,408 · +7.6%
By 2050
1,157,251 · +11.0%
By 2075
1,182,575 · +13.4%
By 2100
1,105,899 · +6.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.67)
Race & ethnicity
White 48% Hispanic / Latino 28% Two or more races 16% Asian 16% Black 3%
Hispanic origin (detail)
Mexican 24%
Common ancestry
Russian 2% Slovak 1% Italian 1%
Foreign-born
17% · Canada, China, Vietnam
Languages at home
73% English-only · Spanish 10% Other Indo-European 6% Tagalog/Filipino 2%

Political lean MEDSL · Fresno

2024 margin
Toss-up / Even · D 46.5% · R 50.9% · Other 2.6%
2008→2024 swing
-6.5pp toward R · 2008: 2.1pp · 2024: -4.4pp
All cycles
2024: R+4.4 2020: D+7.8 2016: D+3.9 2012: R+2.9 2008: D+2.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -278.23%
Current HPI
332.618
Rent YoY
▲ 1.91%
Metro
Fresno, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+1490.9% since first listed
11 events — show timeline
  • 2026-04-23 Price Changed $174,999 FRESNOMLS
  • 2026-02-02 Listed $179,999 FRESNOMLS
  • 2025-12-23 Price Changed $179,999 FRESNOMLS
  • 2020-03-30 Sold (MLS) $110,000 FRESNOMLS
  • 2020-03-11 Pending FRESNOMLS
  • 2020-03-10 Pending FRESNOMLS
  • 2020-01-29 Listed $110,000 FRESNOMLS
  • 2011-12-15 Sold (MLS) $11,000 FRESNOMLS
  • 2011-11-06 Delisted FRESNOMLS
  • 2011-11-06 Price Changed $13,500 FRESNOMLS
  • 2011-09-28 Listed $11,000 FRESNOMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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