14777 Palm #122 · Desert Hot Springs, CA 92240

$75,000

2 bd · 1.0 ba · 600 sqft · Manufactured public records · 57 Days on market

Built 1977 2,971 sqft lot $125/sqft · 36% above area Est $55k · 36% over $215/mo HOA · 13% of rent

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.4/5.0
• Schools +2.7/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Skys Haven, a highly desirable 55+ gated community in Desert Hot Springs offering comfort, security, and beautiful mountain views. This is an excellent opportunity to own the land—no space rent—providing long-term value and affordability in one of the area’s most sought-after communities. This single-wide home features 2 bedrooms and 1 bathroom across approximately 600 square feet of living space. The property presents a great opportunity for buyers looking to customize and add their personal touch, making it ideal for those seeking value and potential in a resort-style setting. Residents of Skys Haven enjoy 24-hour gated security and access to a variety of amenities designed for an active and social lifestyle, including multiple pools, spas, fitness center, sauna, shuffleboard courts, and a clubhouse with kitchen for community gatherings. Conveniently located near shopping, dining, casinos, entertainment, and just a short drive to Palm Springs with easy access to the I-10 freeway, this home offers both tranquility and accessibility. A fantastic opportunity to own in a land-owned community at an affordable price—don’t miss your chance to create your ideal desert retreat.

Key facts

• Gated community
• Fitness center
• Land owned

Tags

• GATED COMMUNITY
• MOUNTAIN VIEWS
• LAND OWNED
• 24 HOUR SECURITY
• MULTIPLE POOLS
• FITNESS CENTER

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $75k.

Deal economics

• At list price, monthly cash flow is $623 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 16.3% vs local median 4.0% in Desert Hot Springs — 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 49/100 on livability (#1,149 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing B+; Watch: crime D+, schools F, amenities 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.
• Market conditions: Rents rising (+3.7%/yr); 515 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 37% of the median local income ($54k/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 $519 of loan paydown is wiped out by about $2k 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 + 3.7% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 5→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 2.22% ✓
• Cap rate: 16.26%
• Cash-on-cash: 35.60%
• DSCR: 2.58
• GRM: 3.7

CMA / ARV

• ARV (median comp): $55,000
• List price: $75,000
• Delta: 36.36%
• Verdict: OVERPRICED
• Comps: 7 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.66% rent growth · sell at horizon

5-year hold

• IRR: 32.2%
• Equity multiple: 2.37×
• Total profit: $28,775
• Equity at exit: $11,183

10-year hold

• IRR: 39.7%
• Equity multiple: 4.87×
• Total profit: $81,330
• Equity at exit: $6,485

Cash invested: $21,000 (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.

Methodology + full state rankings →

ZIP-level market 92240

• Home prices YoY: -19.6%
• Rents YoY: 3.7%
• Active inventory: 515
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,668 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$55 /mo · $663/yr
• Insurance: −$31
• HOA: −$215
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $623

Break-even live

Break-even rent $880

Max offer price $75,000

Occupancy floor 58%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15160 Via Montana Unit 3 Desert Hot Springs, CA	1.0	1.0	500	$1,600	$3.20	43d	1	0.75mi
66435 Desert View Ave Apt B Desert Hot Springs, CA	1.0	1.0	400	$1,295	$3.24	5d	1	1.09mi
66197 Cahuilla Ave Desert Hot Springs, CA	1.0	1.0	450	$1,775	$3.94	16d	1	1.13mi
66321 Buena Vista Ave Unit C Desert Hot Springs, CA	1.0	1.0	488	$1,595	$3.27	43d	1	1.20mi

HOA detail

• Monthly dues: $215 · $2,580/yr
• Likely covers: poolgymsecurity

Listing history 17 events

1. 2026-06-18
   days on market $75,000 Active 57 DOM
2. 2026-06-17
   days on market $75,000 Active 56 DOM
3. 2026-06-16
   days on market $75,000 Active 55 DOM
4. 2026-06-15
   days on market $75,000 Active 54 DOM
5. 2026-06-13
   days on market $75,000 Active 52 DOM
6. 2026-06-13
   days on market $75,000 Active 51 DOM
7. 2026-06-09
   days on market $75,000 Active 48 DOM
8. 2026-06-08
   days on market $75,000 Active 47 DOM
9. 2026-06-07
   days on market $75,000 Active 46 DOM
10. 2026-06-04
    days on market $75,000 Active 43 DOM
11. 2026-06-03
    days on market $75,000 Active 42 DOM
12. 2026-06-02
    days on market $75,000 Active 41 DOM
13. 2026-06-01
    days on market $75,000 Active 40 DOM
14. 2026-05-31
    days on market $75,000 Active 39 DOM
15. 2026-04-22
    listed $75,000 Active 1230-char remark

    Show marketing remark (1230 chars)

    Welcome to Skys Haven, a highly desirable 55+ gated community in Desert Hot Springs offering comfort, security, and beautiful mountain views. This is an excellent opportunity to own the land—no space rent—providing long-term value and affordability in one of the area’s most sought-after communities. This single-wide home features 2 bedrooms and 1 bathroom across approximately 600 square feet of living space. The property presents a great opportunity for buyers looking to customize and add their personal touch, making it ideal for those seeking value and potential in a resort-style setting. Residents of Skys Haven enjoy 24-hour gated security and access to a variety of amenities designed for an active and social lifestyle, including multiple pools, spas, fitness center, sauna, shuffleboard courts, and a clubhouse with kitchen for community gatherings. Conveniently located near shopping, dining, casinos, entertainment, and just a short drive to Palm Springs with easy access to the I-10 freeway, this home offers both tranquility and accessibility. A fantastic opportunity to own in a land-owned community at an affordable price—don’t miss your chance to create your ideal desert retreat.

16. 2022-04-26
    soldstatus $70,000
17. 2017-09-21
    soldstatus $500,000

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

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $663 · $55/mo
• Projected year-2 tax: $663 · $55/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 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 5 d/yr ≥109°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,017
• − Mortgage interest: −$4,201
• − Property taxes: −$663
• − Insurance: −$375
• − Repairs & maintenance: −$1,601
• − Management: −$1,601
• − HOA: −$2,580
• − Depreciation: −$2,182
• Taxable income: $6,814
• Est. tax owed @ 24.0%: −$1,635
• After-tax cash flow: $5,841/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 — Desert Hot Springs

• Score: 49/100
• State rank: #1149
• US rank: #25774

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Desert Hot Springs, CA
• County: Riverside County · 2,287,001 people
• City population: 41,615
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 41,615
• Household income: $54,023
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 2095.0

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: Majority Hispanic (64%)
• Race & ethnicity: Hispanic / Latino 64% Two or more races 27% White 23% Black 7% Native American 2% Asian 2%
• Hispanic origin (detail): Mexican 53%
• Common ancestry: Lithuanian 1% Romanian 1% Italian 1%
• Foreign-born: 27% · Canada, Vietnam
• Languages at home: 47% English-only · Spanish 50% 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: ▼ -102.10%
• Current HPI: 418.4691
• Rent YoY: ▲ 3.66%
• 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
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-85.0% since first listed

3 events — show timeline

• 2026-04-22 Listed $75,000 CRMLS
• 2022-04-26 Sold (Public Records) $70,000 Public Records
• 2017-09-21 Sold (Public Records) $500,000 Public Records

Property tax history

+3.5%/yr

Latest (2025): $663 · -2.0% YoY. Source: county tax records.