CashFlowRE
Sign in Sign up
140 Safari Dr
B Composite 74.28
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 +27.1/30.0
  • ARV discount +15.0/15.0
  • DSCR +9.4/10.0
  • 1% rule +6.4/10.0
  • Appreciation +5.8/10.0
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.3/10.0

$115,000

140 Safari Dr · Needles, CA 92363
2 bd · 1.0 ba · 1,000 sqft · Manufactured public records · 161 Days on market
Built 1986 7,308 sqft lot $115/sqft · 8% below area Est $187k · 39% under

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

Listing remarks MLS

Charming 4 Bedroom, 2.75-Bath Mobile Home in Needles This cozy mobile home is nestled on a generously sized lot in Needles, CA, conveniently located near the fire station. The property offers a unique layout, featuring two bedrooms and an additional . 75 bath as part of an addition. Step into the backyard and take in breathtaking views of the surrounding desert landscape, perfect for quiet evenings or entertaining guests. An additional room has been thoughtfully added, complete with a private above-ground spa, providing a serene retreat right at home. There is a convenient sewer hookup in the backyard for your RV. Newer (2 1/2 year old) HVAC unit installed, thicker glass in front of home provides for quiet indoor living, a safe in one of the bedrooms to keep personal belongings, ceiling fans, some new interior and exterior doors, window coverings, newer kitchen flooring, newer chain in link fence, double insulation, newer water pressure regulator, low utilities and much more. For outdoor enthusiasts, the property boasts an RV clean-out station, making it ideal for adventurers. Its prime location offers easy access to the river for exciting summer water activities and wide-open desert spaces to explore during the cooler winter months. This home provides the perfect balance of comfort, convenience, and outdoor adventure opportunities. Don’t miss your chance to experience all this property has to offer!

Key facts

  • Breathtaking views
  • Generously sized lot
  • Rv clean-out station

Tags

GENEROUSLY SIZED LOTBREATHTAKING VIEWSPRIVATE ABOVE-GROUND SPACONVENIENT SEWER HOOKUPRV CLEAN-OUT STATIONEASY ACCESS TO THE RIVER

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 2-bed/1.0-bath manufactured listed at $115k.

Deal economics

  • At list price, monthly cash flow is $327 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $115k).
  • Recommended offer: $101k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.7% vs local median 5.1% in Needles — 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 62/100 on livability (#492 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety C-, schools D+, crime F.
  • Needles Unified (town): math 22% / reading 28% proficiency, ranked #1,194 of 1,400 in CA (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 151 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).

Forward outlook

  • In year one you build about $3k of equity ($795 loan paydown + $2k appreciation (1.6% local appreciation)).
  • San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (1.6% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 161 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 5y ago; this cycle's ask has dropped $24k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $35k; list at $115k implies a 229% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $101,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 161 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 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?
  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
1.14%
Cap rate
9.71%
Cash-on-cash
12.19%
DSCR
1.54
GRM
7.3

CMA / ARV

ARV (median comp)
$187,190
List price
$115,000
Delta
-38.57%
Verdict
UNDERPRICED
Comps
7 within 2.0 mi

Projected returns pro-forma

1.64% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
15.6%
Equity multiple
1.83×
Total profit
$26,628
Equity at exit
$43,164
10-year hold
IRR
18.4%
Equity multiple
3.36×
Total profit
$76,135
Equity at exit
$60,512

Cash invested: $32,200 (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
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 92363

Home prices YoY
0.6%
Active inventory
151
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$1,317 high interval (Pro) →
Mortgage (P&I)
$603
Tax from tax record
$62 /mo · $745/yr
Insurance
$48
HOA
$0
Vacancy / Maint / Mgmt
$277
Net cashflow
$327

Break-even live

Break-even rent $903
Max offer price $115,000
Occupancy floor 70%

Sensitivity live

Price -10% $392 -5% $360 +0% $327 +5% $295 +10% $262
Rent -10% $223 -5% $275 +0% $327 +5% $379 +10% $431
Rate -1.0pp $385 -0.5pp $356 base $327 +0.5pp $297 +1.0pp $267

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
$28,750
Closing costs
$3,450
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
316 Cibola St Unit Frt Needles, CA 3.0 2.0 1270 $1,300 $1.02 22d 1 0.88mi
316 Bazoobuth St Needles, CA 3.0 1.0 1100 $1,250 $1.14 14d 1 0.94mi
804 Valley Ave Needles, CA 3.0 1.0 840 $1,300 $1.55 14d 1 0.94mi
512 E St Needles, CA 3.0 1.0 895 $1,300 $1.45 14d 1 0.94mi
412 D St Needles, CA 2.0 1.0 1096 $1,200 $1.09 14d 1 0.99mi
1929 Flora Vis Needles, CA 3.0 1.0 1184 $1,700 $1.44 14d 1 1.48mi

Listing history 31 events

  1. 2026-06-19
    days on market $115,000 Active 161 DOM
  2. 2026-06-18
    days on market $115,000 Active 160 DOM
  3. 2026-06-17
    days on market $115,000 Active 159 DOM
  4. 2026-06-16
    days on market $115,000 Active 158 DOM
  5. 2026-06-15
    days on market $115,000 Active 157 DOM
  6. 2026-06-14
    days on market $115,000 Active 155 DOM
  7. 2026-06-13
    days on market $115,000 Active 154 DOM
  8. 2026-06-10
    days on market $115,000 Active 152 DOM
  9. 2026-06-09
    days on market $115,000 Active 151 DOM
  10. 2026-06-08
    days on market $115,000 Active 150 DOM
  11. 2026-06-07
    days on market $115,000 Active 149 DOM
  12. 2026-06-05
    pricedays on market $115,000 Active 146 DOM
  13. 2026-06-02
    days on market $129,000 Active 144 DOM
  14. 2026-06-01
    days on market $129,000 Active 143 DOM
  15. 2026-05-31
    days on market $129,000 Active 142 DOM
  16. 2026-05-30
    days on market $129,000 Active 141 DOM
  17. 2026-03-20
    price $129,000 1432-char remark
    Show marketing remark (1432 chars)

    Charming 4 Bedroom, 2.75-Bath Mobile Home in Needles This cozy mobile home is nestled on a generously sized lot in Needles, CA, conveniently located near the fire station. The property offers a unique layout, featuring two bedrooms and an additional . 75 bath as part of an addition. Step into the backyard and take in breathtaking views of the surrounding desert landscape, perfect for quiet evenings or entertaining guests. An additional room has been thoughtfully added, complete with a private above-ground spa, providing a serene retreat right at home. There is a convenient sewer hookup in the backyard for your RV. Newer (2 1/2 year old) HVAC unit installed, thicker glass in front of home provides for quiet indoor living, a safe in one of the bedrooms to keep personal belongings, ceiling fans, some new interior and exterior doors, window coverings, newer kitchen flooring, newer chain in link fence, double insulation, newer water pressure regulator, low utilities and much more. For outdoor enthusiasts, the property boasts an RV clean-out station, making it ideal for adventurers. Its prime location offers easy access to the river for exciting summer water activities and wide-open desert spaces to explore during the cooler winter months. This home provides the perfect balance of comfort, convenience, and outdoor adventure opportunities. Don’t miss your chance to experience all this property has to offer!

  18. 2026-01-09
    listed $139,000 Active 1432-char remark
    Show marketing remark (1432 chars)

    Charming 4 Bedroom, 2.75-Bath Mobile Home in Needles This cozy mobile home is nestled on a generously sized lot in Needles, CA, conveniently located near the fire station. The property offers a unique layout, featuring two bedrooms and an additional . 75 bath as part of an addition. Step into the backyard and take in breathtaking views of the surrounding desert landscape, perfect for quiet evenings or entertaining guests. An additional room has been thoughtfully added, complete with a private above-ground spa, providing a serene retreat right at home. There is a convenient sewer hookup in the backyard for your RV. Newer (2 1/2 year old) HVAC unit installed, thicker glass in front of home provides for quiet indoor living, a safe in one of the bedrooms to keep personal belongings, ceiling fans, some new interior and exterior doors, window coverings, newer kitchen flooring, newer chain in link fence, double insulation, newer water pressure regulator, low utilities and much more. For outdoor enthusiasts, the property boasts an RV clean-out station, making it ideal for adventurers. Its prime location offers easy access to the river for exciting summer water activities and wide-open desert spaces to explore during the cooler winter months. This home provides the perfect balance of comfort, convenience, and outdoor adventure opportunities. Don’t miss your chance to experience all this property has to offer!

  19. 2025-07-08
    historical
  20. 2025-04-03
    price $129,000
  21. 2025-01-22
    listed $139,000 Active
  22. 2023-08-06
    historical
  23. 2023-06-22
    status Active
  24. 2023-06-11
    status Pending Sale
  25. 2023-05-12
    listed $90,000 Active
  26. 2023-01-26
    historical
  27. 2022-10-03
    listed $90,000 Active
  28. 2021-04-12
    historical
  29. 2021-02-22
    listed $78,000 Active
  30. 1989-05-10
    soldstatus $35,000
  31. 1986-03-28
    soldstatus $32,500

ⓘ 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
$745 · $62/mo
Projected year-2 tax
$874 · $73/mo
Expected delta
+$129/yr (+$11/mo · 17.4%)

ⓘ 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 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥116°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
$15,801
− Mortgage interest
−$6,442
− Property taxes
−$745
− Insurance
−$575
− Repairs & maintenance
−$1,264
− Management
−$1,264
− Depreciation
−$3,345
Taxable income
$2,166
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$520
After-tax cash flow
$3,406/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
Needles Unified
NCES district ID
0626760
Math proficiency
22% ▼ -2.00%
Reading proficiency
28% ▼ -1.00%
Median HH income
$31,795
Composite
23.35/100
National rank
#13305
State rank
#1194 of 1400 in CA

Livability — Needles

Score
62/100
State rank
#492
US rank
#16661

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Needles, CA
Population (ZIP)
5,392

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 0.63)
Race & ethnicity
White 54% Hispanic / Latino 29% Two or more races 16% Native American 11% Black 3%
Hispanic origin (detail)
Mexican 24% Puerto Rican 2%
Common ancestry
Romanian 3% Iranian 3% Lithuanian 2%
Foreign-born
3% · Canada, China
Languages at home
89% English-only · Spanish 9% Chinese 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
▲ 1.64%
Current HPI
279.7931
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+296.9% since first listed
15 events — show timeline
  • 2026-03-20 Price Changed $129,000 CRMLS
  • 2026-01-09 Listed $139,000 CRMLS
  • 2025-07-08 Listing Removed CRMLS
  • 2025-04-03 Price Changed $129,000 CRMLS
  • 2025-01-22 Listed $139,000 CRMLS
  • 2023-08-06 Listing Removed CRMLS
  • 2023-06-22 Relisted CRMLS
  • 2023-06-11 Pending CRMLS
  • 2023-05-12 Listed $90,000 CRMLS
  • 2023-01-26 Listing Removed CRMLS
  • 2022-10-03 Listed $90,000 CRMLS
  • 2021-04-12 Listing Removed CRMLS
  • 2021-02-22 Listed $78,000 CRMLS
  • 1989-05-10 Sold (Public Records) $35,000 Public Records
  • 1986-03-28 Sold (Public Records) $32,500 Public Records

Property tax history

+0.9%/yr

Latest (2025): $745 · +0.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…