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70200 Dillon Rd #534
B Composite 70.08
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
  • Condition / age +4.0/5.0
  • Livability +3.4/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$107,000

70200 Dillon Rd #534 · Desert Edge, CA 92241
1 bd · 1.5 ba · 700 sqft · Manufactured · 93 Days on market
Built 2002 Good condition $153/sqft · 56% above area

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

Listing remarks MLS

This attractive property sits right on the 8th hole of the golf course and boasts beautiful southern views and impressive water features. Located in the well-regarded 55+ Caliente Springs Resort, the well-kept, 2002 Hallmark Park Model with a stick built California room offers around 700 square feet of living space with one bedroom and 1 1/2 bathrooms. It includes quality flooring throughout, marble countertops, energy-efficient double pane windows, a washer and dryer housed in an outside shed, and freshly painted cabinets. Residents can relax or entertain year-round on the spacious, fully covered deck with wind walls--perfect for sunset views. There is a carport and lovely stamped/paved drive. The resort is packed with amenities, including a mineral hot spring-fed pool and spas, a modern fitness center, a 9-hole golf course, pickleball and tennis courts, laundry facilities, a library, and a vibrant social scene. Please note, the lot is leased, not owned, with a monthly space rent of $950.

Key facts

  • Quality flooring
  • Marble countertops
  • Fully covered deck

Tags

8TH HOLE OF GOLF COURSEWATER FEATURESCALIFORNIA ROOMQUALITY FLOORINGMARBLE COUNTERTOPSFULLY COVERED DECK

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/1.5-bath manufactured listed at $107k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $658 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $107k).
  • Recommended offer: $97k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 68/100 on livability (#297 in CA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, commute D-, employment F.
  • Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Julius Corsini Elementary (409 students, 98% FRL); Desert Springs Middle (803 students, 99% FRL); Desert Hot Springs High (math 27% / reading 52%, grade F, #532 of 1,170 statewide, top 48%, 1,742 students, 98% FRL) — zoned schools average 98% FRL vs 73% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 218 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $740 of loan paydown is wiped out by about $3k 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 + 3.0% rent growth), your $30k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 93 days — a 9% lower offer ($97k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: flood insurance adds $125/mo.
  • Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); moderate wildfire risk; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $97,370 (9.0% below list)

Questions for the listing agent

  1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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. 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
1.80%
Cap rate
15.08%
Cash-on-cash
31.37%
DSCR
2.40
GRM
4.6

CMA / ARV

ARV (median comp)
$68,500
List price
$107,000
Delta
56.20%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
70200 Dillon Rd #569 0.11mi 1/1.0 700 (0%) 4mo $74,000 $106 90
70200 Dillon Rd #146 0.17mi 1/1.0 675 (-4%) 4mo $49,000 $73 81
70200 Dillon Rd #499 0.11mi 1/1.0 650 (-7%) 3mo $100,000 $154 78
70200 Dillon Rd #536 0.11mi 2/1.5 (+1) 750 (+7%) 1mo $90,000 $120 77
70200 Dillon Rd #102 0.00mi 2/1.5 (+1) 800 (+14%) 0mo $72,000 $90 71
70200 Dillon Rd #437 0.16mi 1/1.0 780 (+11%) 1mo $65,000 $83 70
70200 Dillon Rd #550 0.00mi 2/2.0 (+1) 800 (+14%) 1mo $122,000 $153 68
70200 Dillon Rd #376 0.11mi 1/1.0 800 (+14%) 3mo $60,000 $75 67
70200 Dillon Rd #215 0.11mi 1/1.0 600 (-14%) 4mo $65,000 $108 66
17625 Langlois #9 0.55mi 2/1.0 (+1) 700 (0%) 3mo $15,000 $21 65
70200 Dillon Rd #664 0.16mi 2/1.5 (+1) 800 (+14%) 3mo $95,000 $119 61
69548 Crestview Dr 0.66mi 2/2.0 (+1) 672 (-4%) 3mo $90,000 $134 53

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
20.2%
Equity multiple
1.82×
Total profit
$24,678
Equity at exit
$15,954
10-year hold
IRR
28.5%
Equity multiple
3.53×
Total profit
$75,886
Equity at exit
$9,251

Cash invested: $29,960 (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 92241

Home prices YoY
-22.8%
Active inventory
218
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$1,927 medium interval (Pro) →
Mortgage (P&I)
$561
Tax est. 1.5%
$134 /mo · $1,605/yr
Insurance
$45
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$0
Vacancy / Maint / Mgmt
$405
Net cashflow
$658

Break-even live

Break-even rent $1,095
Max offer price $107,000
Occupancy floor 61%

Sensitivity live

Price -10% $732 -5% $695 +0% $658 +5% $621 +10% $584
Rent -10% $506 -5% $582 +0% $658 +5% $734 +10% $810
Rate -1.0pp $712 -0.5pp $685 base $658 +0.5pp $630 +1.0pp $602

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
$26,750
Closing costs
$3,210
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
70875 Dillon Rd Desert Hot Springs, CA 2.0 2.0 720 $2,200 $3.06 45d 1 0.80mi
15935 Mary Cir Desert Hot Springs, CA 1.0 1.0 550 $1,350 $2.45 19d 1 1.37mi

Listing history 16 events

  1. 2026-06-21
    days on market $107,000 Active 93 DOM
  2. 2026-06-18
    days on market $107,000 Active 90 DOM
  3. 2026-06-17
    days on market $107,000 Active 89 DOM
  4. 2026-06-16
    days on market $107,000 Active 88 DOM
  5. 2026-06-15
    days on market $107,000 Active 87 DOM
  6. 2026-06-13
    days on market $107,000 Active 85 DOM
  7. 2026-06-13
    days on market $107,000 Active 84 DOM
  8. 2026-06-09
    days on market $107,000 Active 81 DOM
  9. 2026-06-08
    days on market $107,000 Active 80 DOM
  10. 2026-06-07
    days on market $107,000 Active 79 DOM
  11. 2026-06-04
    days on market $107,000 Active 76 DOM
  12. 2026-06-03
    days on market $107,000 Active 75 DOM
  13. 2026-06-02
    days on market $107,000 Active 74 DOM
  14. 2026-06-01
    days on market $107,000 Active 73 DOM
  15. 2026-05-31
    days on market $107,000 Active 72 DOM
  16. 2026-03-20
    listed $107,000 Active 1004-char remark
    Show marketing remark (1004 chars)

    This attractive property sits right on the 8th hole of the golf course and boasts beautiful southern views and impressive water features. Located in the well-regarded 55+ Caliente Springs Resort, the well-kept, 2002 Hallmark Park Model with a stick built California room offers around 700 square feet of living space with one bedroom and 1 1/2 bathrooms. It includes quality flooring throughout, marble countertops, energy-efficient double pane windows, a washer and dryer housed in an outside shed, and freshly painted cabinets. Residents can relax or entertain year-round on the spacious, fully covered deck with wind walls--perfect for sunset views. There is a carport and lovely stamped/paved drive. The resort is packed with amenities, including a mineral hot spring-fed pool and spas, a modern fitness center, a 9-hole golf course, pickleball and tennis courts, laundry facilities, a library, and a vibrant social scene. Please note, the lot is leased, not owned, with a monthly space rent of $950.

ⓘ 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 A · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 8/10 Severe 6 d/yr ≥109°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 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
$23,130
− Mortgage interest
−$5,994
− Property taxes
−$1,605
− Insurance
−$2,038
− Repairs & maintenance
−$1,850
− Management
−$1,850
− Depreciation
−$3,113
Taxable income
$6,680
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,603
After-tax cash flow
$6,293/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 · 12 photos

Good 80/100 Cosmetic rehab

This attractive manufactured home is in good condition with no major repairs needed. It has a good exterior, flooring, and interior walls/paint. The home is located in a well-regarded resort with golf course views and a fully covered deck. The home is move-in ready and would benefit from a fresh coat of paint on the exterior siding and cleaning the gutters.

Value-add opportunities

  • Both Paint the exterior siding — Painting the exterior siding can improve the curb appeal and increase the home's value.
  • Both Clean the gutters — Cleaning the gutters can improve the home's appearance and prevent water damage to the siding and foundation.

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint the exterior siding — Painting the exterior siding can improve the curb appeal and increase the home's value.
  • Both Clean the gutters — Cleaning the gutters can improve the home's appearance and prevent water damage to the siding and foundation.

ⓘ 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
Palm Springs Unified
NCES district ID
0629550
Math proficiency
21% ▼ -7.00%
Reading proficiency
42% ▬ 0.00%
Median HH income
$43,638
Composite
26.76/100
National rank
#7131
State rank
#328 of 517 in CA

Livability — Desert Edge

Score
68/100
State rank
#297
US rank
#9953

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Desert Edge, CA
Population (ZIP)
8,624

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

Race & ethnicity
White 50% Hispanic / Latino 46% Two or more races 16% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 36%
Common ancestry
Lithuanian 3% Slovak 2% Portuguese 2%
Foreign-born
28% · Canada, South Korea
Languages at home
57% English-only · Spanish 38% Chinese 1% Russian/Polish/Slavic 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
▼ -118.23%
Current HPI
400.5663
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

1 event — show timeline
  • 2026-03-20 Listed $107,000 GPSMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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