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490 Prairie 🏷️ Likely Rental
B+ Composite 76.78
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
  • Rent growth +3.3/5.0
  • Livability +3.3/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$89,900

490 Prairie · Cathedral City, CA 92234
2 bd · 2.0 ba · 1,392 sqft · Manufactured public records · 8 Days on market
Built 1968 $65/sqft · 20% below area Est $113k · 20% under ↓ 23% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Owner financing available with large down payment. Call listing agent for details! Located in the Royal Palms 55+ community, 490 Prairie, a 1968 Skyline 1392 sq. ft. , two bedroom / 1 ¾ bath mobile home, has just been remodeled and upgraded. Entry to the home, from the spacious, newly-carpeted west-facing deck, is through the sliding glass door opening into the large living room, with new recessed ceiling lights and overhead fan; the adjacent dining area has built-in cabinetry and new modern chandelier. Three windows lining the street-facing wall of this space provide ample natural light and expansive views. Left of the dining area is the completely revamped kitchen with new stainless-steel range, range hood and dishwasher as well as new soft-close cabinetry / countertops / backsplash and sink / faucet. Beyond is the hallway which affords access to the refurbished guest bathroom with vanity / shower over tub and toilet; the hallway also houses the new LG ThinQ stacked W / D. Opposite is the large primary bedroom that features a sliding glass door (opening to steps leading down to a fully screened-in spacious porch for 3-season living) and a refurbished ¾ ensuite bathroom with large shower / vanity / toilet. At the far end of the home is the guest bedroom with built-in storage and roomy reach-in closet. All flooring in the home is new, attractive LVP and the entire interior has been repainted for a crisp, tasteful and elegant look throughout. Climate control is central AC / heat and a recently-serviced rooftop swamp cooler. The back and side yards provide an unusually large ''blank canvas'' space for a new owner to create a stunning outdoor garden retreat. Tandem parking is under a carport on the east side, the awning of which has slanted supports to provide expanded, useable space including a single shed for storage. Approval by park management at Royal Palms is required for purchase. Monthly space rent for this home will be $893.00 per month for the new owner, a figure that must be verified by the buyer.

Key facts

  • Putting greens
  • Shuffleboard courts
  • Clubhouse

Tags

ROYAL PALMS GATED COMMUNITYMULTIPLE OUTDOOR SEATING AREASHEATED POOL AND SPACLUBHOUSEPUTTING GREENSSHUFFLEBOARD COURTS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $89,900 price doesn't fit this home's estimated sale value (~$112,605) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $90k.

Deal economics

  • At list price, monthly cash flow is $2k ($19k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $90k).
  • Cap rate 26.9% vs local median 5.1% in Cathedral City — 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 66/100 on livability (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, schools F, amenities D-.
  • 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.
  • Market conditions: Rents rising (+3.2%/yr); 525 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
  • This rent runs 43% of the median local income ($74k/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 $622 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 + 3.2% rent growth), your $25k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $89,900

Questions for the listing agent

  1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
2.92%
Cap rate
26.94%
Cash-on-cash
73.75%
DSCR
4.28
GRM
2.9

CMA / ARV

ARV (median comp)
$112,605
List price
$89,900
Delta
-11.28%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
392 Standing Bear 0.07mi 2/2.0 1,368 (-2%) 2mo $113,000 $83 92
89 Armenia Dr 0.14mi 2/2.0 1,416 (+2%) 3mo $177,000 $125 88
493 Prairie 0.03mi 3/2.0 (+1) 1,344 (-3%) 5mo $189,000 $141 84
244 Settles Dr 0.24mi 2/2.0 1,440 (+3%) 1mo $135,000 $94 83
257 Wolf 0.26mi 2/2.0 1,440 (+3%) 3mo $75,000 $52 80
316 Little Deer 0.29mi 2/2.0 1,440 (+3%) 5mo $70,000 $49 76
24 Mesa View Dr 0.36mi 2/2.0 1,440 (+3%) 2mo $68,000 $47 75
162 Hilligoss Dr 0.27mi 2/2.0 1,504 (+8%) 3mo $66,000 $44 72
234 Settles Dr 0.30mi 2/2.0 1,512 (+9%) 3mo $117,000 $77 70
263 Coble Dr 0.31mi 2/2.0 1,512 (+9%) 5mo $119,900 $79 67
221 Settles Dr 0.30mi 2/2.0 1,512 (+9%) 5mo $149,000 $99 67
264 Wolf 0.33mi 2/2.0 1,248 (-10%) 4mo $74,000 $59 64

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 · 3.22% rent growth · sell at horizon

5-year hold
IRR
73.8%
Equity multiple
4.36×
Total profit
$84,534
Equity at exit
$13,404
10-year hold
IRR
77.6%
Equity multiple
9.06×
Total profit
$202,823
Equity at exit
$7,773

Cash invested: $25,172 (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 92234

Home prices YoY
-27.7%
Rents YoY
3.2%
Active inventory
525
Price-to-rent
2.9×

Monthly cashflow live

Estimated rent
$2,627 high interval (Pro) →
Mortgage (P&I)
$471
Tax from tax record
$20 /mo · $236/yr
Insurance
$37
HOA
$0
Vacancy / Maint / Mgmt
$552
Net cashflow
$1,547

Break-even live

Break-even rent $669
Max offer price $89,900
Occupancy floor 36%

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
$22,475
Closing costs
$2,697
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
68615 Paseo Soria Cathedral City, CA 2.0 2.0 1462 $3,500 $2.39 7d 1 0.27mi
69180 Victoria Dr #8 Cathedral City, CA 3.0 2.0 1230 $1,995 $1.62 2d 1 0.29mi
69155 Dinah Shore Dr Apt 20 Cathedral City, CA 2.0 2.0 1200 $2,050 $1.71 43d 1 0.33mi
69155 Dinah Shore Dr Cathedral City, CA 2.0 2.0 1100 $1,795 $1.63 43d 1 0.34mi
34750 Marcia Rd Unit 02 Cathedral City, CA 3.0 2.0 1325 $2,000 $1.51 17d 1 0.35mi
34197 Calle Mora Cathedral City, CA 2.0 2.0 1171 $2,300 $1.96 10d 1 0.42mi
34197 Calle Mora Cathedral City, CA 2.0 2.0 1171 $2,300 $1.96 21d 1 0.42mi
34197 Calle Mora Cathedral City, CA 2.0 2.0 1171 $2,300 $1.96 13d 1 0.42mi
68859 Paseo Real Cathedral City, CA 2.0 2.0 1406 $3,960 $2.82 14d 1 0.43mi
68859 Paseo Real Cathedral City, CA 2.0 2.0 1406 $3,960 $2.82 43d 1 0.43mi
69200 Nilda Dr Cathedral City, CA 3.0 2.0 1330 $2,495 $1.88 21d 1 0.47mi
68153 Lakeland Dr Cathedral City, CA 2.0 2.0 1255 $2,500 $1.99 24d 1 0.50mi
35200 Cathedral Canyon Dr Unit H64 Cathedral City, CA 2.0 2.0 1375 $2,500 $1.82 43d 1 0.52mi
68368 Calle Leon Cathedral City, CA 2.0 2.0 1406 $3,790 $2.70 43d 1 0.53mi
68368 Calle Leon Cathedral City, CA 2.0 2.0 1406 $3,790 $2.70 14d 1 0.53mi
35200 Cathedral Canyon Dr Unit B10 Cathedral City, CA 2.0 2.0 1384 $2,600 $1.88 43d 1 0.53mi
33255 Date Palm Dr Cathedral City, CA 2.0 2.0 1050 $1,795 $1.71 43d 1 0.56mi
35615 Paseo Circulo E Cathedral City, CA 1.0 2.0 1029 $2,250 $2.19 43d 1 0.61mi
33892 Sky Blue Water Trl Cathedral City, CA 3.0 2.0 1352 $2,800 $2.07 4d 1 0.63mi
33495 Cathedral Canyon Dr Unit B Cathedral City, CA 2.0 1.0 1100 $2,100 $1.91 43d 1 0.64mi
33495 Cathedral Canyon Dr Cathedral City, CA 2.0 1.0 1100 $2,200 $2.00 43d 1 0.64mi
68882 Calle Mula Cathedral City, CA 2.0 2.0 1714 $2,500 $1.46 20d 1 0.65mi
69603 Heather Way Rancho Mirage, CA 3.0 2.0 1218 $2,300 $1.89 43d 1 0.72mi
34073 Emily Way Rancho Mirage, CA 2.0 2.0 966 $2,100 $2.17 21d 1 0.75mi
34073 Emily Way Rancho Mirage, CA 2.0 2.0 966 $2,100 $2.17 17d 1 0.75mi
69646 Antonia Way Rancho Mirage, CA 2.0 2.0 966 $2,450 $2.54 18d 1 0.76mi
34361 Denise Way Rancho Mirage, CA 3.0 2.0 1400 $2,800 $2.00 43d 1 0.77mi
34071 Denise Way Rancho Mirage, CA 3.0 2.0 1218 $2,599 $2.13 24d 1 0.79mi
33387 Shifting Sands Trl Unit 2 Cathedral City, CA 2.0 2.0 1300 $1,999 $1.54 24d 1 0.91mi
152 Estrada Way #152 Cathedral City, CA 2.0 2.0 1500 $2,200 $1.47 43d 1 0.94mi
159 Estrada Way Cathedral City, CA 3.0 2.0 1800 $2,850 $1.58 43d 1 0.97mi
36040 Avenida de las Montanas Unit E Cathedral City, CA 2.0 2.0 1220 $3,200 $2.62 43d 1 0.98mi
32150 Aurora Vista Rd Unit C Cathedral City, CA 2.0 1.0 1100 $2,395 $2.18 43d 1 1.18mi
32150 Aurora Vista Rd Cathedral City, CA 2.0 1.0 1100 $2,195 $2.00 43d 1 1.18mi
2010 Lawrence Crossley Rd Unit 8 Palm Springs, CA 2.0 1.5 993 $1,895 $1.91 13d 1 1.22mi
5951 Montecito Dr #5 Palm Springs, CA 3.0 2.5 1551 $2,300 $1.48 43d 1 1.24mi
26 Pueblo Vista Dr Palm Springs, CA 3.0 2.0 1487 $3,200 $2.15 43d 1 1.25mi
6071 Hazeltine Plz Palm Springs, CA 2.0 2.0 1168 $3,200 $2.74 43d 1 1.27mi
2420 Los Coyotes Dr Palm Springs, CA 2.0 3.0 1608 $2,600 $1.62 43d 1 1.31mi
250 S Paseo Laredo Cathedral City, CA 2.0 2.0 1600 $1,800 $1.12 12d 1 1.43mi

Listing history 14 events

  1. 2026-06-18
    days on market $89,900 Active 8 DOM
  2. 2026-06-17
    days on market $89,900 Active 7 DOM
  3. 2026-06-16
    days on market $89,900 Active 6 DOM
  4. 2026-06-15
    days on market $89,900 Active 5 DOM
  5. 2026-06-13
    days on market $89,900 Active 3 DOM
  6. 2026-06-13
    remarks 699-char remark
  7. 2026-06-13
    pricedays on marketlisting id $89,900 Active 2 DOM
  8. 2026-06-02
    days on market $99,900 Active 142 DOM
  9. 2026-06-01
    days on market $99,900 Active 141 DOM
  10. 2026-05-31
    days on market $99,900 Active 140 DOM
  11. 2026-05-15
    historical Active Under Contract 2055-char remark
    Show marketing remark (2055 chars)

    Owner financing available with large down payment. Call listing agent for details! Located in the Royal Palms 55+ community, 490 Prairie, a 1968 Skyline 1392 sq. ft. , two bedroom / 1 ¾ bath mobile home, has just been remodeled and upgraded. Entry to the home, from the spacious, newly-carpeted west-facing deck, is through the sliding glass door opening into the large living room, with new recessed ceiling lights and overhead fan; the adjacent dining area has built-in cabinetry and new modern chandelier. Three windows lining the street-facing wall of this space provide ample natural light and expansive views. Left of the dining area is the completely revamped kitchen with new stainless-steel range, range hood and dishwasher as well as new soft-close cabinetry / countertops / backsplash and sink / faucet. Beyond is the hallway which affords access to the refurbished guest bathroom with vanity / shower over tub and toilet; the hallway also houses the new LG ThinQ stacked W / D. Opposite is the large primary bedroom that features a sliding glass door (opening to steps leading down to a fully screened-in spacious porch for 3-season living) and a refurbished ¾ ensuite bathroom with large shower / vanity / toilet. At the far end of the home is the guest bedroom with built-in storage and roomy reach-in closet. All flooring in the home is new, attractive LVP and the entire interior has been repainted for a crisp, tasteful and elegant look throughout. Climate control is central AC / heat and a recently-serviced rooftop swamp cooler. The back and side yards provide an unusually large ''blank canvas'' space for a new owner to create a stunning outdoor garden retreat. Tandem parking is under a carport on the east side, the awning of which has slanted supports to provide expanded, useable space including a single shed for storage. Approval by park management at Royal Palms is required for purchase. Monthly space rent for this home will be $893.00 per month for the new owner, a figure that must be verified by the buyer.

  12. 2026-04-29
    price $99,900 2055-char remark
    Show marketing remark (2055 chars)

    Owner financing available with large down payment. Call listing agent for details! Located in the Royal Palms 55+ community, 490 Prairie, a 1968 Skyline 1392 sq. ft. , two bedroom / 1 ¾ bath mobile home, has just been remodeled and upgraded. Entry to the home, from the spacious, newly-carpeted west-facing deck, is through the sliding glass door opening into the large living room, with new recessed ceiling lights and overhead fan; the adjacent dining area has built-in cabinetry and new modern chandelier. Three windows lining the street-facing wall of this space provide ample natural light and expansive views. Left of the dining area is the completely revamped kitchen with new stainless-steel range, range hood and dishwasher as well as new soft-close cabinetry / countertops / backsplash and sink / faucet. Beyond is the hallway which affords access to the refurbished guest bathroom with vanity / shower over tub and toilet; the hallway also houses the new LG ThinQ stacked W / D. Opposite is the large primary bedroom that features a sliding glass door (opening to steps leading down to a fully screened-in spacious porch for 3-season living) and a refurbished ¾ ensuite bathroom with large shower / vanity / toilet. At the far end of the home is the guest bedroom with built-in storage and roomy reach-in closet. All flooring in the home is new, attractive LVP and the entire interior has been repainted for a crisp, tasteful and elegant look throughout. Climate control is central AC / heat and a recently-serviced rooftop swamp cooler. The back and side yards provide an unusually large ''blank canvas'' space for a new owner to create a stunning outdoor garden retreat. Tandem parking is under a carport on the east side, the awning of which has slanted supports to provide expanded, useable space including a single shed for storage. Approval by park management at Royal Palms is required for purchase. Monthly space rent for this home will be $893.00 per month for the new owner, a figure that must be verified by the buyer.

  13. 2026-03-18
    price $114,000 2055-char remark
    Show marketing remark (2055 chars)

    Owner financing available with large down payment. Call listing agent for details! Located in the Royal Palms 55+ community, 490 Prairie, a 1968 Skyline 1392 sq. ft. , two bedroom / 1 ¾ bath mobile home, has just been remodeled and upgraded. Entry to the home, from the spacious, newly-carpeted west-facing deck, is through the sliding glass door opening into the large living room, with new recessed ceiling lights and overhead fan; the adjacent dining area has built-in cabinetry and new modern chandelier. Three windows lining the street-facing wall of this space provide ample natural light and expansive views. Left of the dining area is the completely revamped kitchen with new stainless-steel range, range hood and dishwasher as well as new soft-close cabinetry / countertops / backsplash and sink / faucet. Beyond is the hallway which affords access to the refurbished guest bathroom with vanity / shower over tub and toilet; the hallway also houses the new LG ThinQ stacked W / D. Opposite is the large primary bedroom that features a sliding glass door (opening to steps leading down to a fully screened-in spacious porch for 3-season living) and a refurbished ¾ ensuite bathroom with large shower / vanity / toilet. At the far end of the home is the guest bedroom with built-in storage and roomy reach-in closet. All flooring in the home is new, attractive LVP and the entire interior has been repainted for a crisp, tasteful and elegant look throughout. Climate control is central AC / heat and a recently-serviced rooftop swamp cooler. The back and side yards provide an unusually large ''blank canvas'' space for a new owner to create a stunning outdoor garden retreat. Tandem parking is under a carport on the east side, the awning of which has slanted supports to provide expanded, useable space including a single shed for storage. Approval by park management at Royal Palms is required for purchase. Monthly space rent for this home will be $893.00 per month for the new owner, a figure that must be verified by the buyer.

  14. 2026-01-08
    listed $129,000 Active 2055-char remark
    Show marketing remark (2055 chars)

    Owner financing available with large down payment. Call listing agent for details! Located in the Royal Palms 55+ community, 490 Prairie, a 1968 Skyline 1392 sq. ft. , two bedroom / 1 ¾ bath mobile home, has just been remodeled and upgraded. Entry to the home, from the spacious, newly-carpeted west-facing deck, is through the sliding glass door opening into the large living room, with new recessed ceiling lights and overhead fan; the adjacent dining area has built-in cabinetry and new modern chandelier. Three windows lining the street-facing wall of this space provide ample natural light and expansive views. Left of the dining area is the completely revamped kitchen with new stainless-steel range, range hood and dishwasher as well as new soft-close cabinetry / countertops / backsplash and sink / faucet. Beyond is the hallway which affords access to the refurbished guest bathroom with vanity / shower over tub and toilet; the hallway also houses the new LG ThinQ stacked W / D. Opposite is the large primary bedroom that features a sliding glass door (opening to steps leading down to a fully screened-in spacious porch for 3-season living) and a refurbished ¾ ensuite bathroom with large shower / vanity / toilet. At the far end of the home is the guest bedroom with built-in storage and roomy reach-in closet. All flooring in the home is new, attractive LVP and the entire interior has been repainted for a crisp, tasteful and elegant look throughout. Climate control is central AC / heat and a recently-serviced rooftop swamp cooler. The back and side yards provide an unusually large ''blank canvas'' space for a new owner to create a stunning outdoor garden retreat. Tandem parking is under a carport on the east side, the awning of which has slanted supports to provide expanded, useable space including a single shed for storage. Approval by park management at Royal Palms is required for purchase. Monthly space rent for this home will be $893.00 per month for the new owner, a figure that must be verified by the buyer.

ⓘ 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
$236 · $20/mo
Projected year-2 tax
$683 · $57/mo
Expected delta
+$447/yr (+$37/mo · 189.7%)

ⓘ 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 · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥113°F today · 20 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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$31,529
− Mortgage interest
−$5,036
− Property taxes
−$236
− Insurance
−$450
− Repairs & maintenance
−$2,522
− Management
−$2,522
− Depreciation
−$2,615
Taxable income
$18,148
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$4,356
After-tax cash flow
$14,210/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
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 — Cathedral City

Score
66/100
State rank
#344
US rank
#11749

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cathedral City, CA
County
Riverside County · 2,287,001 people
City population
52,267
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
52,267
Household income
$73,572
Rent vs Own
33.5% rent · 66.5% own
Severe rent burden
1682.0

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
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
Hispanic / Latino 59% White 30% Two or more races 27% Asian 6% Native American 2% Black 2%
Hispanic origin (detail)
Mexican 51%
Common ancestry
Lithuanian 2% Romanian 1% Italian 1%
Foreign-born
28% · Canada, Vietnam
Languages at home
48% English-only · Spanish 46% Tagalog/Filipino 3% Other Asian/Pacific 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
▼ -136.57%
Current HPI
356.9845
Rent YoY
▲ 3.22%
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

-22.6% since first listed
4 events — show timeline
  • 2026-05-15 Contingent GPSMLS
  • 2026-04-29 Price Changed $99,900 GPSMLS
  • 2026-03-18 Price Changed $114,000 GPSMLS
  • 2026-01-08 Listed $129,000 GPSMLS

Property tax history

-6.4%/yr

Latest (2025): $236 · -2.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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