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3303 Sierra Hwy Spc 46
A- Composite 80.9
Why this score? — see what drove the A- 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 +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +6.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0

$80,000

3303 Sierra Hwy Spc 46 · Rosamond, CA 93560
3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 48 Days on market
Built 1989 $69/sqft · 14% below area Est $108k · 26% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great Opportunity to own this Spacious Mobile Home in a great Park! Split floor plan with Huge Master Bedroom, walk in closet and nice big Master Bathroom. Great Corner lot, that gives you a bigger yard. Enjoy your morning coffee on your front Patio . Very Nice well kept community with a pool and playground. Lot's of Potential! Must See!

Key facts

  • Community pool
  • Built 1989
  • Listed 47 days

Property features AI

Finance

  • Other: Serial numbers: 16601A & 16601B; Label/insignia numbers: HWC169518 / HWC169519; APN: 251-360-44-00-3
  • Financial info: Deposit: $5,000; New space rent: $675
  • HOA & community: Mobile home park with monthly space rent ($675) and park deposit $675; Manager on site (Irene)

Exterior

  • Parking: New space rent listed (park fee) $675
  • Utilities: Natural gas
  • Home design: Mobile/manufactured home; Located in Whispering Hills Mobile Home Park (space Spc 46); All-ages park; Park amenities include RV parking and a pool; Facing information not specified
  • Construction: Composition shingle roof; Manufactured in 1989 by FUQUA MH INC (Model: ODDYSSEY); Skirted; Width 24', Length 56'
  • Exterior features: Chain link fencing; Awning; Shed; Porch

Interior

  • Kitchen: Dishwasher; Gas range
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central air; Central heat (gas); Floor furnace
  • Interior features: Dishwasher; Gas range

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 $80k.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $80k).
  • Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
  • Cap rate 26.2% vs local median 4.3% in Rosamond — 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 49/100 on livability (#1,178 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: crime F, amenities F, commute F.
  • Southern Kern Unified (town): math 25% / reading 25% proficiency, ranked #387 of 517 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Rosamond Elementary (878 students, 94% FRL); Tropico Middle (math 24% / reading 24%, grade F, #277 of 498 statewide, top 73%, 782 students, 80% FRL); Rosamond High Early College Campus (913 students, 83% FRL) — zoned schools average 86% FRL vs 67% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 463 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $2k of equity ($553 loan paydown + $2k appreciation (2.4% local appreciation)).
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (2.4% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 48 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 7y 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 $52k; list at $80k implies a 52% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $77,600 (3.0% below list)

Questions for the listing agent

  1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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
2.90%
Cap rate
26.23%
Cash-on-cash
71.21%
DSCR
4.17
GRM
2.9

CMA / ARV

ARV (median comp)
$108,318
List price
$80,000
Delta
-26.14%
Verdict
UNDERPRICED
Comps
15 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3303 Sierra Hwy #61 0.00mi 3/2.0 1,152 (0%) 24mo $118,200 $103 80
3303 Sierra Hwy Spc 32 0.00mi 3/2.0 1,056 (-8%) 11mo $108,000 $102 77
3300 W 15th St #194 0.58mi 3/2.0 1,152 (0%) 7mo $117,000 $102 67
3300 15th St W #263 0.58mi 3/2.0 1,152 (0%) 8mo $53,650 $47 66
3303 Sierra Hwy #19 0.00mi 3/2.0 1,272 (+10%) 21mo $100,000 $79 65
3303 Sierra Hwy Spc 59 0.00mi 3/2.0 1,272 (+10%) 22mo $131,000 $103 64
2300 E Valley 0.47mi 3/2.0 1,248 (+8%) 6mo $332,000 $266 59
3300 15th St W #217 0.58mi 3/1.0 1,056 (-8%) 3mo $45,000 $43 53
1335 Richfield Ave 0.58mi 3/2.0 1,296 (+12%) 3mo $320,000 $247 50
3300 W 15th #388 0.58mi 2/2.0 (-1) 1,000 (-13%) 10mo $105,000 $105 37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

2.4% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
75.3%
Equity multiple
5.10×
Total profit
$91,808
Equity at exit
$33,322
10-year hold
IRR
75.3%
Equity multiple
10.44×
Total profit
$211,376
Equity at exit
$49,382

Cash invested: $22,400 (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 93560

Home prices YoY
0.6%
Active inventory
463
Price-to-rent
2.9×

Monthly cashflow live

Estimated rent
$2,319 high interval (Pro) →
Mortgage (P&I)
$420
Tax from tax record
$50 /mo · $599/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$487
Net cashflow
$1,329

Break-even live

Break-even rent $636
Max offer price $80,000
Occupancy floor 38%

Sensitivity live

Price -10% $1,374 -5% $1,352 +0% $1,329 +5% $1,307 +10% $1,284
Rent -10% $1,146 -5% $1,238 +0% $1,329 +5% $1,421 +10% $1,512
Rate -1.0pp $1,369 -0.5pp $1,350 base $1,329 +0.5pp $1,308 +1.0pp $1,287

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
$20,000
Closing costs
$2,400
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
3172 Shelley St Rosamond, CA 4.0 2.0 1192 $2,300 $1.93 23d 1 0.27mi
2300 Panorama Ln Rosamond, CA 2.0 2.0 1121 $2,300 $2.05 45d 1 0.43mi
3400 15th St W Unit 21 Rosamond, CA 2.0 1.0 950 $1,495 $1.57 12d 1 0.45mi
3400 15th St W Unit 118 Rosamond, CA 2.0 1.5 1050 $1,600 $1.52 12d 1 0.48mi
3400 15th St W Rosamond, CA 2.0 1.0 1000 $1,498 $1.50 0d 4 0.50mi
2821 Desert St Unit C Rosamond, CA 2.0 1.0 975 $1,795 $1.84 0d 1 0.51mi
2416 W Valley Vis Rosamond, CA 3.0 2.0 1343 $2,250 $1.68 17d 1 0.53mi
2436 Horizon Dr Rosamond, CA 3.0 2.0 1416 $4,500 $3.18 45d 1 0.57mi
1838 Center St Unit A Rosamond, CA 3.0 2.5 1495 $2,000 $1.34 0d 1 0.65mi
1838 Center St Unit A Rosamond, CA 3.0 2.5 1475 $2,000 $1.36 12d 1 0.65mi
2541 Diamond St Unit 3 Rosamond, CA 2.0 1.0 700 $1,200 $1.71 0d 1 0.76mi
3317 Dale Ct Rosamond, CA 3.0 2.0 1330 $800 $0.60 0d 1 0.77mi
2051 Candice Ave Rosamond, CA 3.0 2.0 1345 $2,395 $1.78 17d 1 0.93mi
1225 Barrington Ave Rosamond, CA 3.0 2.0 1072 $2,200 $2.05 0d 1 0.95mi
2776 Sycamore Ave Rosamond, CA 2.0 1.0 800 $1,175 $1.47 4d 1 1.06mi
1943 Pengilley Ave Rosamond, CA 3.0 2.0 1379 $2,600 $1.89 0d 1 1.36mi

Listing history 28 events

  1. 2026-06-21
    days on market $80,000 Active 48 DOM
  2. 2026-06-18
    days on market $80,000 Active 45 DOM
  3. 2026-06-17
    days on market $80,000 Active 44 DOM
  4. 2026-06-16
    days on market $80,000 Active 43 DOM
  5. 2026-06-15
    days on market $80,000 Active 42 DOM
  6. 2026-06-13
    days on market $80,000 Active 40 DOM
  7. 2026-06-13
    days on market $80,000 Active 39 DOM
  8. 2026-06-09
    days on market $80,000 Active 36 DOM
  9. 2026-06-08
    days on market $80,000 Active 35 DOM
  10. 2026-06-07
    days on market $80,000 Active 34 DOM
  11. 2026-06-04
    days on market $80,000 Active 31 DOM
  12. 2026-06-03
    days on market $80,000 Active 30 DOM
  13. 2026-06-02
    days on market $80,000 Active 29 DOM
  14. 2026-06-01
    days on market $80,000 Active 28 DOM
  15. 2026-05-31
    days on market $80,000 Active 27 DOM
  16. 2026-05-04
    listed $80,000 Active 85-char remark
  17. 2020-08-25
    historical 339-char remark
    Show marketing remark (339 chars)

    Great Opportunity to own this Spacious Mobile Home in a great Park! Split floor plan with Huge Master Bedroom, walk in closet and nice big Master Bathroom. Great Corner lot, that gives you a bigger yard. Enjoy your morning coffee on your front Patio . Very Nice well kept community with a pool and playground. Lot's of Potential! Must See!

  18. 2020-08-24
    soldstatus $52,500 Closed 339-char remark
    Show marketing remark (339 chars)

    Great Opportunity to own this Spacious Mobile Home in a great Park! Split floor plan with Huge Master Bedroom, walk in closet and nice big Master Bathroom. Great Corner lot, that gives you a bigger yard. Enjoy your morning coffee on your front Patio . Very Nice well kept community with a pool and playground. Lot's of Potential! Must See!

  19. 2020-08-24
    soldstatus $52,500 Closed Sale
    Show marketing remark (339 chars)

    Great Opportunity to own this Spacious Mobile Home in a great Park! Split floor plan with Huge Master Bedroom, walk in closet and nice big Master Bathroom. Great Corner lot, that gives you a bigger yard. Enjoy your morning coffee on your front Patio . Very Nice well kept community with a pool and playground. Lot's of Potential! Must See!

  20. 2020-07-21
    status Pending Sale
    Show marketing remark (339 chars)

    Great Opportunity to own this Spacious Mobile Home in a great Park! Split floor plan with Huge Master Bedroom, walk in closet and nice big Master Bathroom. Great Corner lot, that gives you a bigger yard. Enjoy your morning coffee on your front Patio . Very Nice well kept community with a pool and playground. Lot's of Potential! Must See!

  21. 2020-07-17
    listed $52,500 Active 339-char remark
    Show marketing remark (339 chars)

    Great Opportunity to own this Spacious Mobile Home in a great Park! Split floor plan with Huge Master Bedroom, walk in closet and nice big Master Bathroom. Great Corner lot, that gives you a bigger yard. Enjoy your morning coffee on your front Patio . Very Nice well kept community with a pool and playground. Lot's of Potential! Must See!

  22. 2020-07-17
    listed $52,500 Active
    Show marketing remark (339 chars)

    Great Opportunity to own this Spacious Mobile Home in a great Park! Split floor plan with Huge Master Bedroom, walk in closet and nice big Master Bathroom. Great Corner lot, that gives you a bigger yard. Enjoy your morning coffee on your front Patio . Very Nice well kept community with a pool and playground. Lot's of Potential! Must See!

  23. 2020-04-19
    historical
  24. 2020-04-18
    historical
  25. 2019-12-06
    price $55,000
  26. 2019-12-06
    price $55,000
  27. 2019-10-23
    listed $59,000 Active
  28. 2019-10-21
    listed $59,000 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
$599 · $50/mo
Projected year-2 tax
$608 · $51/mo
Expected delta
+$9/yr (+$1/mo · 1.6%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 7/10 Severe 6 d/yr ≥101°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 14 unhealthy d/yr today · 18 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
$27,827
− Mortgage interest
−$4,481
− Property taxes
−$599
− Insurance
−$400
− Repairs & maintenance
−$2,226
− Management
−$2,226
− Depreciation
−$2,327
Taxable income
$15,567
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,736
After-tax cash flow
$12,214/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
Southern Kern Unified
NCES district ID
0637620
Math proficiency
25% ▲ 7.00%
Reading proficiency
25% ▼ -8.00%
Median HH income
$54,523
Composite
22.5/100
National rank
#8093
State rank
#387 of 517 in CA

Livability — Rosamond

Score
49/100
State rank
#1178
US rank
#25952

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Rosamond, CA
County
Kern County · 710,371 people
City population
22,119
Metro
Bakersfield, CA
Population (ZIP)
22,119
Household income
$77,431
Rent vs Own
22.6% rent · 77.4% own
Severe rent burden
425.0

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
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
Hispanic / Latino 45% White 32% Two or more races 17% Black 13% Asian 3% Native American 1%
Hispanic origin (detail)
Mexican 35%
Common ancestry
Portuguese 2% Italian 2% Lithuanian 1%
Foreign-born
13% · Canada
Languages at home
68% English-only · Spanish 28% Other Indo-European 2% Other Asian/Pacific 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
▲ 2.40%
Current HPI
403.7206
Rent YoY
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

+35.6% since first listed
13 events — show timeline
  • 2026-05-04 Listed $80,000 AVMLS
  • 2020-08-25 Listing Removed AVMLS
  • 2020-08-24 Sold (MLS) $52,500 CRMLS
  • 2020-08-24 Sold (MLS) $52,500 AVMLS
  • 2020-07-21 Pending CRMLS
  • 2020-07-17 Listed $52,500 CRMLS
  • 2020-07-17 Listed $52,500 AVMLS
  • 2020-04-19 Listing Removed AVMLS
  • 2020-04-18 Listing Removed CRMLS
  • 2019-12-06 Price Changed $55,000 AVMLS
  • 2019-12-06 Price Changed $55,000 CRMLS
  • 2019-10-23 Listed $59,000 CRMLS
  • 2019-10-21 Listed $59,000 AVMLS

Property tax history

+12.1%/yr

Latest (2025): $599 · +7.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…