80870 Us Highway 111 #119 · Indio, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 10/10 · Severe
- Hot days now (above 114°F)
- 6 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 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 +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +3.8/10.0
- Rent growth +3.3/5.0
- Livability +2.7/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$55,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to Riverdale Estates, a desirable community in the heart of Indio, California. This well-maintained mobile home offers a comfortable floor plan with a spacious living area, abundant natural light, a functional kitchen, and comfortable bedrooms. Enjoy desert living with easy access to shopping, dining, medical facilities, and nearby freeway access. Riverdale Estates features a friendly neighborhood atmosphere and well-kept grounds. A great opportunity for affordable homeownership in the Coachella Valley. Park approval required.
Key facts
- 4,000 sq ft lot
- Garage
- Community pool
Property features AI
Finance
- Other: Mobile home park: Riverdale Estates (manager approval required); Park manager contact available
- Financial info: Land is leased (monthly space rent listed); Rental restrictions apply; Sale is cash only
- HOA & community: No monthly association fee listed; Senior community; Gated community
Exterior
- Parking: Driveway; 2 covered spaces; 2 carport spaces; 6 total parking spaces (includes uncovered/assigned spaces)
- Security: Gated community; Card/code access; On-site resident manager
- Utilities: Sewer: connected and paid; Sprinkler system with timer
- Home design: Detached single-wide mobile home; Single-story (ground level); Front door faces north; leisure area faces east; Skirted with stone and vinyl
- Construction: Aluminum siding; Single-story structure; Manufactured home (Villa), manufactured 1965; One exterior shed
- Exterior features: Awning-covered patio; Fenced yard; Lawn/yard; Street lighting; Peek-a-boo view; Community pool (in-ground, heated, gunite) with fenced spa and safety gate/fence
Interior
- Kitchen: Gas oven; Refrigerator
- Bedrooms: Ground floor location
- Flooring: Carpet
- Bathrooms: 1 full bathroom
- Heating & cooling: Natural gas heating; Floor furnace; Wall/window air conditioning units
- Interior features: Partially furnished; Living room entry; Bonus room
- Laundry & utility: Washer (electric); Dryer (gas); Community laundry available; Outside laundry access
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath manufactured listed at $55k. Condition is rated fair.
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 $55k).
- Recommended offer: $53k (3.0% below list) — sets the bar for market timing.
- Cap rate 29.8% vs local median 4.3% in Indio — 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 53/100 on livability (#927 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing B+; Watch: employment D, crime F, amenities F.
- Desert Sands Unified (suburban): math 31% / reading 56% proficiency, ranked #199 of 517 in CA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: James Madison Elementary (377 students, 85% FRL); Indio High (math 15% / reading 42%, grade F, #774 of 1,170 statewide, top 66%, 2,143 students, 92% FRL) — zoned schools average 89% FRL vs 56% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 28% at this address vs 44% district-wide (-15 pts) — the specific schools serving this property underperform the Desert Sands Unified average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+3.3%/yr); 514 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 ($67k/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 $380 of loan paydown is wiped out by about $2k 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 + 3.3% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 53 days — a 3% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts 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.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 6→17/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 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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 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?
- 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
- 3.35% ✓
- Cap rate
- 29.77%
- Cash-on-cash
- 83.85%
- DSCR
- 4.73
- GRM
- 2.5
CMA / ARV
- ARV (median comp)
- $75,000
- List price
- $55,000
- Delta
- -26.67%
- Verdict
- UNDERPRICED
- Comps
- 7 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 80870 CA-111 #30 | 0.10mi | 2/2.0 (+1) | 1,040 (+3%) | 2mo | $69,997 | $67 | 80 |
| 46618 Madison St #153 | 0.26mi | 2/2.0 (+1) | 1,056 (+4%) | 3mo | $195,000 | $185 | 69 |
| 80870 California 111 #184 | 0.02mi | 2/2.0 (+1) | 1,140 (+13%) | 0mo | $75,000 | $66 | 69 |
| 80870 Highway 111 #125 | 0.05mi | 2/2.0 (+1) | 1,040 (+3%) | 22mo | $85,000 | $82 | 66 |
| 80870 Highway 111 #95 | 0.14mi | 2/2.0 (+1) | 1,152 (+14%) | 2mo | $75,000 | $65 | 60 |
| 80870 Highway 111 #157 | 0.05mi | 2/2.0 (+1) | 1,152 (+14%) | 14mo | $189,900 | $165 | 54 |
| 47800 Madison St #23 | 0.69mi | 2/2.0 (+1) | 924 (-9%) | 20mo | $275,000 | $298 | 28 |
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 · 3.34% rent growth · sell at horizon
- IRR
- 84.6%
- Equity multiple
- 4.91×
- Total profit
- $60,287
- Equity at exit
- $8,201
- IRR
- 87.9%
- Equity multiple
- 10.32×
- Total profit
- $143,479
- Equity at exit
- $4,755
Cash invested: $15,400 (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
ZIP-level market 92201
- Home prices YoY
- -28.4%
- Rents YoY
- 3.3%
- Active inventory
- 514
- Price-to-rent
- 2.5×
Monthly cashflow live
- Estimated rent
- $1,843 high interval (Pro) →
- Mortgage (P&I)
- −$288
- Tax est. 1.5%
- −$69 /mo · $825/yr
- Insurance
- −$23
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$387
- Net cashflow
- $1,076
Break-even live
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
- $13,750
- Closing costs
- $1,650
- 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 18 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 80870 California 111 Unit 223 Indio, CA | 2.0 | 2.0 | 1400 | $1,550 | $1.11 | 44d | 1 | 0.03mi |
| 46675 Desert Villa St Indio, CA | 2.0 | 1.0–1.5 | 881 | $1,590 | $1.80 | 44d | 1 | 0.74mi |
| 46896 Jefferson St Indio, CA | 2.0 | 2.0 | 1100 | $2,075 | $1.89 | 3d | 2 | 0.74mi |
| 80208 Royal Birkdale Dr Indio, CA | 2.0 | 2.0 | 1382 | $3,875 | $2.80 | 24d | 1 | 0.96mi |
| 81641 Avenue 48 Indio, CA | 2.0 | 2.0 | 1440 | $2,500 | $1.74 | 44d | 1 | 1.08mi |
| 47395 Monroe St #286 Indio, CA | 2.0 | 2.0 | 1021 | $2,300 | $2.25 | 24d | 1 | 1.12mi |
| 46745 Monroe St Indio, CA | 1.0–2.0 | 1.0–2.0 | 880 | $1,650 | $1.88 | 2d | 11 | 1.14mi |
| 45546 Aladdin St Unit D201 Indio, CA | 2.0 | 1.0 | 907 | $1,549 | $1.71 | 44d | 1 | 1.15mi |
| 81720 Avenue Indio, CA | 2.0 | 2.0 | 1080 | $1,795 | $1.66 | 44d | 1 | 1.16mi |
| 81840 Avenida del Mar Unit A203 Indio, CA | 2.0 | 2.0 | 874 | $1,750 | $2.00 | 24d | 1 | 1.21mi |
| 81777 Avenue 48 Indio, CA | 1.0–2.0 | 1.0 | 820 | $1,695 | $2.07 | 3d | 5 | 1.27mi |
| 82165 Doctor Carreon Blvd Indio, CA | 1.0–2.0 | 1.0–2.0 | 828 | $1,675 | $2.02 | 3d | 11 | 1.33mi |
| 81875 Avenue 48 Indio, CA | 1.0–2.0 | 1.0–2.0 | 804 | $1,750 | $2.18 | 10d | 6 | 1.34mi |
| 81351 Fred Waring Dr Apt 218 Indio, CA | 2.0 | 1.0 | 946 | $1,595 | $1.69 | 44d | 1 | 1.37mi |
| 81351 Fred Waring Dr Unit 215 Indio, CA | 2.0 | 1.0 | 946 | $1,595 | $1.69 | 12d | 1 | 1.37mi |
| 48255 Monroe St #2 Indio, CA | 1.0 | 1.5 | 867 | $1,899 | $2.19 | 2d | 1 | 1.42mi |
| 48255 Monroe St #20 Indio, CA | 2.0 | 2.0 | 998 | $2,200 | $2.20 | 24d | 1 | 1.42mi |
| 48255 Monroe St Indio, CA | 1.0–2.0 | 2.0 | 932 | $1,950 | $2.09 | 44d | 2 | 1.44mi |
Listing history 16 events
-
2026-06-18days on market $55,000 Active 53 DOM
-
2026-06-17days on market $55,000 Active 52 DOM
-
2026-06-16days on market $55,000 Active 51 DOM
-
2026-06-15days on market $55,000 Active 50 DOM
-
2026-06-13days on market $55,000 Active 48 DOM
-
2026-06-09days on market $55,000 Active 44 DOM
-
2026-06-08days on market $55,000 Active 43 DOM
-
2026-06-07days on market $55,000 Active 42 DOM
-
2026-06-04days on market $55,000 Active 39 DOM
-
2026-06-03days on market $55,000 Active 38 DOM
-
2026-06-02days on market $55,000 Active 37 DOM
-
2026-06-01days on market $55,000 Active 36 DOM
-
2026-05-31days on market $55,000 Active 35 DOM
-
2026-04-26$55,000 Active 540-char remark
-
2026-04-15historical
-
2026-02-14$55,000 Active
ⓘ 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 · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 6 d/yr ≥114°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 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
- $22,120
- − Mortgage interest
- −$3,081
- − Property taxes
- −$825
- − Insurance
- −$275
- − Repairs & maintenance
- −$1,770
- − Management
- −$1,770
- − Depreciation
- −$1,600
- Taxable income
- $12,800
- Est. tax owed @ 24.0%
- −$3,072
- After-tax cash flow
- $9,842/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.
Condition & rehab AI · 6 photos
This manufactured home requires moderate repairs to exterior siding and concrete areas, with potential for significant value increase through painting and sealing.
Repairs flagged
- Moderate Exterior siding — Weathered appearance
- Minor Concrete driveway and patio — Wear visible
Value-add opportunities
- Both Paint exterior siding — Enhances curb appeal and value
- Both Seal concrete driveway and patio — Improves durability and appearance
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| Exterior siding · Weathered appearance | Moderate | $3,000–15,000 |
| Concrete driveway and patio · Wear visible | Minor | $500–3,000 |
| Total estimated repair cost · 2 items | $3,500–18,000 |
Value-add ROI direction
- Both Paint exterior siding — Enhances curb appeal and value ↑
- Both Seal concrete driveway and patio — Improves durability and appearance ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Desert Sands Unified
- NCES district ID
- 0611110
- Math proficiency
- 31% ▼ -4.00%
- Reading proficiency
- 56% ▲ 7.00%
- Median HH income
- $54,957
- Composite
- 37.77/100
- National rank
- #4346
- State rank
- #199 of 517 in CA
Livability — Indio
- Score
- 53/100
- State rank
- #927
- US rank
- #24244
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Indio, CA
- County
- Riverside County · 2,287,001 people
- City population
- 100,560
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 65,825
- Household income
- $66,758
- Rent vs Own
- Severe rent burden
- 2036.0
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
- Predominantly Hispanic (74%)
- Race & ethnicity
- Hispanic / Latino 74% Two or more races 39% White 19% Black 3% Asian 3% Native American 1%
- Hispanic origin (detail)
- Mexican 69%
- Common ancestry
- Romanian 1% Iranian 1%
- Foreign-born
- 29% · Canada, Vietnam, Jamaica
- Languages at home
- 41% English-only · Spanish 55% Arabic 1% Tagalog/Filipino 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
- ▼ -138.46%
- Current HPI
- 348.6605
- Rent YoY
- ▲ 3.34%
- 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
+0.0% since first listed3 events — show timeline
- 2026-04-26 Listed $55,000 GPSMLS
- 2026-04-15 Listing Removed — GPSMLS
- 2026-02-14 Listed $55,000 GPSMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…