70 Tennille St · Caliente, NV 89008

$170,000

4 bd · 3.0 ba · 2,788 sqft · SingleFamily public records · 249 Days on market

Built 1932 4,356 sqft lot $61/sqft · 37% below area Est $270k · 37% under

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Why this score? — see what drove the C 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 +15.2/30.0
• ARV discount +15.0/15.0
• Appreciation +6.7/10.0
• DSCR +4.7/10.0
• Schools +3.5/10.0
• 1% rule +3.4/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

1 story home with 4 bedrooms and 3 baths located in Caliente NV. Inviting floor plan with lots of living spaces! The kitchen features laminate countertops and vinyl flooring. This home also includes a free-standing fireplace near the additional living area and a rear covered patio. Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities. All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.

Key facts

• Rear covered patio
• 4,356 sq ft lot
• Built 1932

Tags

• FREE-STANDING FIREPLACE
• REAR COVERED PATIO

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $-368 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $105k (38.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $143k (15.8% below list).
• Recommended offer: $105k (38.2% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 61/100 on livability (#68 in NV) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Lincoln County School District (rural): math 38% / reading 44% proficiency, ranked #5 of 17 in NV (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 27 active listings in the ZIP; 49 units permitted in Lincoln County in 2024 (24 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($1k loan paydown + $6k appreciation (3.3% local appreciation)).
• Lincoln County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 6, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 249 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $114k; 49% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1932 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $105,069 (38.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 249 days. Have you received any prior offers? Is the seller open to a 38% concession, seller financing, or rate buy-down credit?
3. Built in 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 0.84% ✗
• Cap rate: 6.71%
• Cash-on-cash: 1.49%
• DSCR: 1.07
• GRM: 9.9

CMA / ARV

• ARV (median comp): $269,525
• List price: $170,000
• Delta: -36.93%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Projected returns pro-forma

3.34% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.1%
• Equity multiple: 1.01×
• Total profit: $345
• Equity at exit: $79,690

10-year hold

• IRR: 4.0%
• Equity multiple: 1.64×
• Total profit: $30,632
• Equity at exit: $125,402

Cash invested: $47,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 71 Landlord-Friendly
• State Nevada: 71 Landlord-Friendly · R+1
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; Clark County (Vegas) had pandemic backlogs; generally landlord-friendly but courts slow.

Methodology + full state rankings →

ZIP-level market 89008

• Home prices YoY: 1.6%
• Active inventory: 27
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,432 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$110 /mo · $1,318/yr
• Insurance: −$71
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $-368

Break-even live

Break-even rent $1,897

Max offer price $105,069

Occupancy floor —

Sensitivity live

Price	-10% $-271	-5% $-319	+0% $-368	+5% $-416	+10% $-464
Rent	-10% $-481	-5% $-424	+0% $-368	+5% $-311	+10% $-254
Rate	-1.0pp $-282	-0.5pp $-324	base $-368	+0.5pp $-412	+1.0pp $-456

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-21
   days on market $170,000 Active 249 DOM
2. 2026-06-18
   days on market $170,000 Active 246 DOM
3. 2026-06-17
   days on market $170,000 Active 245 DOM
4. 2026-06-16
   days on market $170,000 Active 244 DOM
5. 2026-06-15
   price $170,000 Active 243 DOM
6. 2026-06-15
   days on market $180,000 Active 243 DOM
7. 2026-06-13
   days on market $180,000 Active 241 DOM
8. 2026-06-13
   days on market $180,000 Active 240 DOM
9. 2026-06-09
   days on market $180,000 Active 237 DOM
10. 2026-06-08
    days on market $180,000 Active 236 DOM
11. 2026-06-07
    days on market $180,000 Active 235 DOM
12. 2026-06-03
    days on market $180,000 Active 231 DOM
13. 2026-06-02
    days on market $180,000 Active 230 DOM
14. 2026-06-01
    days on market $180,000 Active 229 DOM
15. 2026-05-31
    days on market $180,000 Active 228 DOM
16. 2026-05-13
    price $180,000 518-char remark

    Show marketing remark (518 chars)

    1 story home with 4 bedrooms and 3 baths located in Caliente NV. Inviting floor plan with lots of living spaces! The kitchen features laminate countertops and vinyl flooring. This home also includes a free-standing fireplace near the additional living area and a rear covered patio. Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities. All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.

17. 2026-04-06
    price $190,000 518-char remark

    Show marketing remark (518 chars)

    1 story home with 4 bedrooms and 3 baths located in Caliente NV. Inviting floor plan with lots of living spaces! The kitchen features laminate countertops and vinyl flooring. This home also includes a free-standing fireplace near the additional living area and a rear covered patio. Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities. All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.

18. 2026-02-20
    price $200,000 518-char remark

    Show marketing remark (518 chars)

    1 story home with 4 bedrooms and 3 baths located in Caliente NV. Inviting floor plan with lots of living spaces! The kitchen features laminate countertops and vinyl flooring. This home also includes a free-standing fireplace near the additional living area and a rear covered patio. Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities. All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.

19. 2025-12-23
    price $220,000 518-char remark

    Show marketing remark (518 chars)

    1 story home with 4 bedrooms and 3 baths located in Caliente NV. Inviting floor plan with lots of living spaces! The kitchen features laminate countertops and vinyl flooring. This home also includes a free-standing fireplace near the additional living area and a rear covered patio. Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities. All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.

20. 2025-11-16
    price $230,000 518-char remark

    Show marketing remark (518 chars)

    1 story home with 4 bedrooms and 3 baths located in Caliente NV. Inviting floor plan with lots of living spaces! The kitchen features laminate countertops and vinyl flooring. This home also includes a free-standing fireplace near the additional living area and a rear covered patio. Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities. All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.

21. 2025-10-15
    listed $240,000 Active 518-char remark

    Show marketing remark (518 chars)

    1 story home with 4 bedrooms and 3 baths located in Caliente NV. Inviting floor plan with lots of living spaces! The kitchen features laminate countertops and vinyl flooring. This home also includes a free-standing fireplace near the additional living area and a rear covered patio. Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities. All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.

22. 2025-06-11
    soldstatus $113,991
23. 2005-12-30
    soldstatus $124,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NV · Resets to sale price

• Current annual tax: $1,318 · $110/mo
• Projected year-2 tax: $1,318 · $110/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone AE · 95% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥94°F today · 21 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

Taxation est. · year 1

• Rental income: $17,182
• − Mortgage interest: −$9,523
• − Property taxes: −$1,318
• − Insurance: −$5,968
• − Repairs & maintenance: −$1,375
• − Management: −$1,375
• − Depreciation: −$4,945
• Taxable loss: −$7,322
• Est. tax savings @ 24.0%: +$1,757
• After-tax cash flow: $-2,654/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: Lincoln County School District
• NCES district ID: 3200270
• Math proficiency: 38% ▼ -2.00%
• Reading proficiency: 44% ▼ -2.00%
• Median HH income: $45,706
• Composite: 34.9/100
• National rank: #5077
• State rank: #5 of 17 in NV

Livability — Caliente

• Score: 61/100
• State rank: #68
• US rank: #17776

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Caliente, NV
• Population (ZIP): 792

Population outlook (Lincoln County) Hauer SSP2

• Today (2025): 4,612 people
• By 2030: 4,409 · -4.4%
• By 2040: 4,098 · -11.1%
• By 2050: 3,850 · -16.5%
• By 2075: 3,384 · -26.6%
• By 2100: 3,228 · -30.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Native American 11% Hispanic / Latino 6% Two or more races 5% Black 3%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 5% Serbian 5% Portuguese 5%
• Foreign-born: 0%
• Languages at home: 94% English-only · Spanish 5% German/W. Germanic 1%

Political lean MEDSL · Lincoln

• 2024 margin: Solid R (+72.6) · D 12.7% · R 85.3% · Other 2.0%
• 2008→2024 swing: -25.3pp toward R · 2008: -47.3pp · 2024: -72.6pp
• All cycles: 2024: R+72.6 2020: R+71.0 2016: R+65.0 2012: R+60.0 2008: R+47.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.34%
• Current HPI: 216.588
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.08%
• F500 in state: 6

Industry mix (Fortune 500 HQ in NV)

Industry	F500 HQs	Revenue
▸Hotels / Casinos	3	$36B

Price history

+45.2% since first listed

8 events — show timeline

• 2026-05-13 Price Changed $180,000 GLVAR
• 2026-04-06 Price Changed $190,000 GLVAR
• 2026-02-20 Price Changed $200,000 GLVAR
• 2025-12-23 Price Changed $220,000 GLVAR
• 2025-11-16 Price Changed $230,000 GLVAR
• 2025-10-15 Listed $240,000 GLVAR
• 2025-06-11 Sold (Public Records) $113,991 Public Records
• 2005-12-30 Sold (Public Records) $124,000 Public Records

Property tax history

+2.1%/yr

Latest (2024): $1,318 · +7.8% YoY. Source: county tax records.