350 S Willow Ave #115 · Rialto, CA 92376

$229,000

2 bd · 1.0 ba · 1,680 sqft · Manufactured public records · 240 Days on market

Built 2025 $136/sqft · 8% above area Est $165k · 39% over ↓ 5% since listing

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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 +25.4/30.0
• DSCR +8.4/10.0
• 1% rule +6.7/10.0
• Schools +3.1/10.0
• Livability +3.0/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

DBA: Decal: CAV220CA2542655A/B Dealer Number: 91126.Welcome to Parque La Quinta an all age active and vibrant community, where you can find yourself in your dream home. We have a stunning, brand new, beautiful, updated, etc. 2026 3 bed, 2 bath home for sale featuring 1310.40 sq ft of beautifully designed living space. Located in Rialto, this property offers the perfect blend of modern amenities and timeless charm. Step inside to find highlight interior features, e. g. , an open-concept floor plan, hardwood floors, high ceilings, natural light, etc. The kitchen features like quartz countertops, appliances, cabinetry, etc. , perfect for both everyday living and entertaining. The spacious primary suite offers a peaceful retreat, complete with soaking tub, walk-in closet, etc. Additional bedrooms provide versatility for guests, a home office, or a growing family. Outside you will enjoy outdoor features, e. g. , a covered patio, low-maintenance landscaping, etc. , ideal for entertaining or unwinding. Located in the desirable Parque La Quinta, residents enjoy access to a range of premium amenities including amenities such as a resort-style pool, clubhouse, playground, etc. Conveniently situated near schools, shopping, dining, major highways, parks, public transportation, etc. , you'll have everything you need just minutes away. Whether you're looking for relaxation or recreation, this community has it all. Call today to schedule a tour!

Key facts

• Quartz countertops
• Soaking tub
• Natural light

Tags

• OPEN-CONCEPT FLOOR PLAN
• HARDWOOD FLOORS
• HIGH CEILINGS
• NATURAL LIGHT
• QUARTZ COUNTERTOPS
• SOAKING TUB

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $229k.

Deal economics

• At list price, monthly cash flow is $530 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $229k).
• Recommended offer: $202k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 3.5% in Rialto — 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 60/100 on livability (#598 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+, commute A-; Watch: schools F, crime F, amenities D-.
• Rialto Unified (suburban): math 25% / reading 46% proficiency, ranked #268 of 517 in CA (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.6%/yr); 142 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• This rent runs 40% of the median local income ($80k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 240 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $201,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 240 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 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?
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: 1.17% ✓
• Cap rate: 9.07%
• Cash-on-cash: 9.93%
• DSCR: 1.44
• GRM: 7.1

CMA / ARV

• ARV (median comp): $165,000
• List price: $229,000
• Delta: 38.79%
• Verdict: OVERPRICED
• Comps: 5 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
350 S Willow St #81	0.00mi	3/2.0 (+1)	1,536 (-9%)	21mo	$115,000	$75	59
350 S Willow #154	0.02mi	3/2.0 (+1)	1,440 (-14%)	13mo	$160,000	$111	56
350 S Willow #55	0.02mi	3/2.0 (+1)	1,440 (-14%)	19mo	$145,000	$101	50

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 · 1.59% rent growth · sell at horizon

5-year hold

• IRR: -3.0%
• Equity multiple: 0.89×
• Total profit: $-7,031
• Equity at exit: $34,145

10-year hold

• IRR: 5.1%
• Equity multiple: 1.35×
• Total profit: $22,612
• Equity at exit: $19,800

Cash invested: $64,120 (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.

Methodology + full state rankings →

ZIP-level market 92376

• Rents YoY: 1.6%
• Active inventory: 142
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,675 high
• Mortgage (P&I): −$1,201
• Tax est. 1.5%: −$286 /mo · $3,435/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$562
• Net cashflow: $530

Break-even live

Break-even rent $2,003

Max offer price $229,000

Occupancy floor 75%

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
210 West South St Unit a Rialto, CA	3.0	2.0	1275	$2,600	$2.04	44d	1	0.26mi
277 Bloomington Ave #130 Rialto, CA	3.0	3.5	2213	$3,350	$1.51	10d	1	0.45mi
142 E Merrill Ave Rialto, CA	3.0	1.5	1120	$2,495	$2.23	44d	1	0.48mi
606 S Riverside Ave Rialto, CA	2.0–3.0	1.0–2.0	1034	$2,695	$2.61	2d	3	0.51mi
139 N Palm Ave Unit 1 Rialto, CA	2.0	2.0	1270	$2,250	$1.77	5d	1	0.54mi
215 N Spruce Ave Rialto, CA	2.0	2.0	1100	$2,150	$1.95	44d	1	0.82mi
1004 S Riverside Ave Unit A-3 Rialto, CA	3.0	2.5	1155	$2,750	$2.38	44d	1	0.89mi
1004 S Riverside Ave Rialto, CA	3.0	3.0	1155	$2,750	$2.38	44d	1	0.89mi
1031 S Cactus Ave Rialto, CA	1.0–3.0	1.0–2.0	1030	$2,307	$2.24	5d	1	0.90mi
1221 Yeager Ave Rialto, CA	3.0	3.0	1478	$3,300	$2.23	3d	1	1.11mi
372 S Ironwood Ave Rialto, CA	2.0–3.0	2.0–2.5	1113	$2,704	$2.43	2d	6	1.42mi

Listing history 16 events

1. 2026-06-18
   days on market $229,000 Active 240 DOM
2. 2026-06-17
   days on market $229,000 Active 239 DOM
3. 2026-06-16
   days on market $229,000 Active 238 DOM
4. 2026-06-15
   days on market $229,000 Active 237 DOM
5. 2026-06-13
   days on market $229,000 Active 235 DOM
6. 2026-06-13
   days on market $229,000 Active 234 DOM
7. 2026-06-09
   days on market $229,000 Active 231 DOM
8. 2026-06-08
   days on market $229,000 Active 230 DOM
9. 2026-06-07
   days on market $229,000 Active 229 DOM
10. 2026-06-04
    days on market $229,000 Active 226 DOM
11. 2026-06-03
    days on market $229,000 Active 225 DOM
12. 2026-06-02
    days on market $229,000 Active 224 DOM
13. 2026-06-01
    days on market $229,000 Active 223 DOM
14. 2026-05-31
    days on market $229,000 Active 222 DOM
15. 2026-02-03
    price $229,000 1454-char remark

    Show marketing remark (1454 chars)

    DBA: Decal: CAV220CA2542655A/B Dealer Number: 91126.Welcome to Parque La Quinta an all age active and vibrant community, where you can find yourself in your dream home. We have a stunning, brand new, beautiful, updated, etc. 2026 3 bed, 2 bath home for sale featuring 1310.40 sq ft of beautifully designed living space. Located in Rialto, this property offers the perfect blend of modern amenities and timeless charm. Step inside to find highlight interior features, e. g. , an open-concept floor plan, hardwood floors, high ceilings, natural light, etc. The kitchen features like quartz countertops, appliances, cabinetry, etc. , perfect for both everyday living and entertaining. The spacious primary suite offers a peaceful retreat, complete with soaking tub, walk-in closet, etc. Additional bedrooms provide versatility for guests, a home office, or a growing family. Outside you will enjoy outdoor features, e. g. , a covered patio, low-maintenance landscaping, etc. , ideal for entertaining or unwinding. Located in the desirable Parque La Quinta, residents enjoy access to a range of premium amenities including amenities such as a resort-style pool, clubhouse, playground, etc. Conveniently situated near schools, shopping, dining, major highways, parks, public transportation, etc. , you'll have everything you need just minutes away. Whether you're looking for relaxation or recreation, this community has it all. Call today to schedule a tour!

16. 2025-10-21
    listed $239,900 Active 1454-char remark

    Show marketing remark (1454 chars)

    DBA: Decal: CAV220CA2542655A/B Dealer Number: 91126.Welcome to Parque La Quinta an all age active and vibrant community, where you can find yourself in your dream home. We have a stunning, brand new, beautiful, updated, etc. 2026 3 bed, 2 bath home for sale featuring 1310.40 sq ft of beautifully designed living space. Located in Rialto, this property offers the perfect blend of modern amenities and timeless charm. Step inside to find highlight interior features, e. g. , an open-concept floor plan, hardwood floors, high ceilings, natural light, etc. The kitchen features like quartz countertops, appliances, cabinetry, etc. , perfect for both everyday living and entertaining. The spacious primary suite offers a peaceful retreat, complete with soaking tub, walk-in closet, etc. Additional bedrooms provide versatility for guests, a home office, or a growing family. Outside you will enjoy outdoor features, e. g. , a covered patio, low-maintenance landscaping, etc. , ideal for entertaining or unwinding. Located in the desirable Parque La Quinta, residents enjoy access to a range of premium amenities including amenities such as a resort-style pool, clubhouse, playground, etc. Conveniently situated near schools, shopping, dining, major highways, parks, public transportation, etc. , you'll have everything you need just minutes away. Whether you're looking for relaxation or recreation, this community has it all. Call today to schedule a tour!

ⓘ 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 1/10 Low
• 🌡 Heat 8/10 Severe 6 d/yr ≥102°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 27 unhealthy d/yr today · 32 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,095
• − Mortgage interest: −$12,828
• − Property taxes: −$3,435
• − Insurance: −$1,145
• − Repairs & maintenance: −$2,568
• − Management: −$2,568
• − Depreciation: −$6,662
• Taxable income: $2,890
• Est. tax owed @ 24.0%: −$694
• After-tax cash flow: $5,671/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: Rialto Unified
• NCES district ID: 0632370
• Math proficiency: 25% ▲ 3.00%
• Reading proficiency: 46% ▲ 10.00%
• Median HH income: $50,916
• Composite: 30.77/100
• National rank: #6154
• State rank: #268 of 517 in CA

Livability — Rialto

• Score: 60/100
• State rank: #598
• US rank: #19283

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rialto, CA
• County: San Bernardino County · 2,030,291 people
• City population: 105,208
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 84,394
• Household income: $79,675
• Rent vs Own: 38.1% rent · 61.9% own
• Severe rent burden: 2574.0

Population outlook (San Bernardino County) Hauer SSP2

• Today (2025): 2,300,329 people
• By 2030: 2,378,907 · +3.4%
• By 2040: 2,523,137 · +9.7%
• By 2050: 2,642,388 · +14.9%
• By 2075: 2,880,769 · +25.2%
• By 2100: 2,909,436 · +26.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (78%)
• Race & ethnicity: Hispanic / Latino 78% Two or more races 22% Black 11% White 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 68%
• Foreign-born: 27% · Canada, Jamaica
• Languages at home: 36% English-only · Spanish 61% Arabic 1% Tagalog/Filipino 1%

Political lean MEDSL · San Bernardino

• 2024 margin: Toss-up / Even · D 47.5% · R 49.7% · Other 2.8%
• 2008→2024 swing: -8.5pp toward R · 2008: 6.3pp · 2024: -2.1pp
• All cycles: 2024: R+2.1 2020: D+10.7 2016: D+9.8 2012: D+5.4 2008: D+6.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -323.82%
• Current HPI: 505.95
• Rent YoY: ▲ 1.59%
• 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
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-4.5% since first listed

2 events — show timeline

• 2026-02-03 Price Changed $229,000 Zillow
• 2025-10-21 Listed $239,900 Zillow

Property tax history

-0.1%/yr

Latest (2014): $45 · -1.7% YoY. Source: county tax records.