0 Parker Rd · Twentynine Palms, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- 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 9/10 · Severe
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 6 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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Rent growth +3.6/5.0
- Livability +3.0/5.0
- Condition / age +2.5/5.0
- Schools +2.2/10.0
- Appreciation +0.0/10.0
$65,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Located in beautiful Wonder Valley at the base of the Bullion Mountains and the Cleghorn Lakes Wilderness, this 5-acre parcel with recreational cabin will blow you away with its views, peace and quiet, and privacy. Sit out on a clear night and experience an incredible sky full of stars off the grid and enjoy the breathtaking sunrises and sunsets! This cabin and 5-acre property is only 20 minutes from the entrance of Joshua Tree National Park yet you're still only 15 minutes to all local amenities in the city of 29 Palms and 29 Palms airport. There are fewer and fewer of these cabins left that haven't already been remodeled. If not for recreational use, this could be a great property to use for short term rental income. Buyers should check with The County for any building and permit requirements. This property is a fixer and is sold AS-IS. Buyer(s) need to perform their due diligence and independently verify all information provided. Buyer is responsible for verifying all utilities, land use building, and zoning process with the county.
Key facts
- Recreational cabin
- Sold as is
- 5 acre parcel
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath land listed at $65k.
Deal economics
- At list price, monthly cash flow is $526 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $65k).
- Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
- Cap rate 16.0% vs local median 4.3% in Twentynine Palms — 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 59/100 on livability (#622 in CA) — a working-class tenant base; expect higher turnover. Strengths: commute A+, housing A+; Watch: schools D, amenities F, employment D-.
- Morongo Unified (town): math 15% / reading 38% proficiency, ranked #395 of 517 in CA (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising fast (+4.5%/yr); 734 active listings in the ZIP; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k 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.
- At projected returns (-3.0% appreciation + 4.5% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 321 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 2y 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 $6k; list at $65k implies a 900% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→19/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 321 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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
- 1.79% ✓
- Cap rate
- 16.00%
- Cash-on-cash
- 34.68%
- DSCR
- 2.54
- GRM
- 4.7
CMA / ARV
- ARV (median comp)
- $38,888
- List price
- $65,000
- Delta
- 67.15%
- Verdict
- OVERPRICED
- Comps
- 3 within 2.0 mi
Projected returns pro-forma
-3.0% appreciation · 4.45% rent growth · sell at horizon
- IRR
- 31.7%
- Equity multiple
- 2.36×
- Total profit
- $24,672
- Equity at exit
- $9,692
- IRR
- 39.5%
- Equity multiple
- 4.95×
- Total profit
- $71,830
- Equity at exit
- $5,620
Cash invested: $18,200 (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 92277
- Home prices YoY
- -3.1%
- Rents YoY
- 4.5%
- Active inventory
- 734
- Price-to-rent
- 4.7×
Monthly cashflow live
- Estimated rent
- $1,164 medium interval (Pro) →
- Mortgage (P&I)
- −$341
- Tax from tax record
- −$25 /mo · $304/yr
- Insurance
- −$27
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$244
- Net cashflow
- $526
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
- $16,250
- Closing costs
- $1,950
- 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.
Listing history 6 events
-
2026-06-01days on market $65,000 Active 321 DOM
-
2026-05-31days on market $65,000 Active 320 DOM
-
2025-07-14$65,000 Active 1051-char remark
Show marketing remark (1051 chars)
Located in beautiful Wonder Valley at the base of the Bullion Mountains and the Cleghorn Lakes Wilderness, this 5-acre parcel with recreational cabin will blow you away with its views, peace and quiet, and privacy. Sit out on a clear night and experience an incredible sky full of stars off the grid and enjoy the breathtaking sunrises and sunsets! This cabin and 5-acre property is only 20 minutes from the entrance of Joshua Tree National Park yet you're still only 15 minutes to all local amenities in the city of 29 Palms and 29 Palms airport. There are fewer and fewer of these cabins left that haven't already been remodeled. If not for recreational use, this could be a great property to use for short term rental income. Buyers should check with The County for any building and permit requirements. This property is a fixer and is sold AS-IS. Buyer(s) need to perform their due diligence and independently verify all information provided. Buyer is responsible for verifying all utilities, land use building, and zoning process with the county.
-
2025-04-11historical
-
2024-04-21$65,000 Active
-
2007-01-16soldstatus $6,500
ⓘ 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
- $304 · $25/mo
- Projected year-2 tax
- $494 · $41/mo
- Expected delta
- +$190/yr (+$16/mo · 62.4%)
ⓘ 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 (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 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
- $13,964
- − Mortgage interest
- −$3,641
- − Property taxes
- −$304
- − Insurance
- −$325
- − Repairs & maintenance
- −$1,117
- − Management
- −$1,117
- − Depreciation
- −$1,891
- Taxable income
- $5,568
- Est. tax owed @ 24.0%
- −$1,336
- After-tax cash flow
- $4,975/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
- Morongo Unified
- NCES district ID
- 0625860
- Math proficiency
- 15% ▼ -12.00%
- Reading proficiency
- 38% ▼ -3.00%
- Median HH income
- $39,399
- Composite
- 22.19/100
- National rank
- #8156
- State rank
- #395 of 517 in CA
Livability — Twentynine Palms
- Score
- 59/100
- State rank
- #622
- US rank
- #19731
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- San Bernardino County · 2,030,291 people
- City population
- 26,277
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 26,277
- Household income
- $60,901
- Rent vs Own
- Severe rent burden
- 1057.0
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
- Diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- White 49% Two or more races 24% Hispanic / Latino 24% Black 9% Asian 4% Pacific Islander 1% Native American 1%
- Hispanic origin (detail)
- Mexican 20%
- Common ancestry
- Italian 5% Lithuanian 3% Slovak 3%
- Foreign-born
- 9% · Canada, China, South Korea
- Languages at home
- 81% English-only · Spanish 12% Other Asian/Pacific 2% 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
- ▼ -12.15%
- Current HPI
- 380.5083
- Rent YoY
- ▲ 4.45%
- 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
+900.0% since first listed4 events — show timeline
- 2025-07-14 Listed $65,000 CRMLS
- 2025-04-11 Listing Removed — CRMLS
- 2024-04-21 Listed $65,000 CRMLS
- 2007-01-16 Sold (Public Records) $6,500 Public Records
Property tax history
+9.8%/yrLatest (2025): $304 · +2.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…