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80870 Us Highway 111 #119
B+ Composite 77.01
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

80870 Us Highway 111 #119 · Indio, CA 92201
1 bd · 1.0 ba · 1,012 sqft · Manufactured · 53 Days on market
Built 1969 Fair condition 4,000 sqft lot $54/sqft · 27% below area Est $75k · 27% under

🖨 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

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 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.
Recommended offer $53,350 (3.0% below list)

Questions for the listing agent

  1. 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?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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

5-year hold
IRR
84.6%
Equity multiple
4.91×
Total profit
$60,287
Equity at exit
$8,201
10-year hold
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
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

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

Break-even rent $481
Max offer price $55,000
Occupancy floor 37%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $55,000 Active 53 DOM
  2. 2026-06-17
    days on market $55,000 Active 52 DOM
  3. 2026-06-16
    days on market $55,000 Active 51 DOM
  4. 2026-06-15
    days on market $55,000 Active 50 DOM
  5. 2026-06-13
    days on market $55,000 Active 48 DOM
  6. 2026-06-09
    days on market $55,000 Active 44 DOM
  7. 2026-06-08
    days on market $55,000 Active 43 DOM
  8. 2026-06-07
    days on market $55,000 Active 42 DOM
  9. 2026-06-04
    days on market $55,000 Active 39 DOM
  10. 2026-06-03
    days on market $55,000 Active 38 DOM
  11. 2026-06-02
    days on market $55,000 Active 37 DOM
  12. 2026-06-01
    days on market $55,000 Active 36 DOM
  13. 2026-05-31
    days on market $55,000 Active 35 DOM
  14. 2026-04-26
    listed $55,000 Active 540-char remark
  15. 2026-04-15
    historical
  16. 2026-02-14
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

Fair 45/100 Moderate rehab

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 itemSeverityEst. 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

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

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
42.3% rent · 57.7% 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

Price history

+0.0% since first listed
3 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

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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