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2297 Brigadoon Ave
C+ Composite 61.8
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
  • DSCR +10.0/10.0
  • 1% rule +8.5/10.0
  • ARV discount +3.1/15.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$170,000

2297 Brigadoon Ave · Dixon Lane-MeadowCreek, CA 93514
3 bd · 2.0 ba · 1,440 sqft · Manufactured public records · 77 Days on market
Built 1977 $118/sqft · 10% above area Est $155k · 10% over

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

Listing remarks MLS

3 Bed, 2 Bath Mobile Home on a Corner Lot " Welcome home to this spacious 3-bedroom, 2-bath mobile home perfectly situated on a desirable corner lot! Located directly across from the community clubhouse, you'll enjoy easy access to amenities and a neighborhood atmosphere. Step inside to find a comfortable open layout with plenty of natural light, and generous living spaces ideal for relaxing or entertaining. The primary bedroom features its own private bathroom and walk-in closet, while the additional bedrooms offer flexibility for family, guests, or a home office. You'll also love the large laundry room, offering extra storage space. Outside, the corner lot provides added privacy, and curb appeal. Whether you're enjoying your morning coffee or hosting a weekend get-together, this home offers the perfect blend of comfort and convenience

Key facts

  • Community clubhouse
  • Walk-in closet
  • Open layout

Tags

CORNER LOTCOMMUNITY CLUBHOUSEOPEN LAYOUTPRIVATE BATHROOMWALK-IN CLOSETLARGE LAUNDRY ROOM

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 3-bed/2.0-bath manufactured listed at $170k.

Deal economics

  • At list price, monthly cash flow is $639 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $170k).
  • Recommended offer: $160k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
  • Bishop Unified (town): math 25% / reading 36% proficiency, ranked #337 of 517 in CA (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 74 active listings in the ZIP; 18 units permitted in Inyo County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Inyo County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $48k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 77 days — a 6% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
Recommended offer $159,800 (6.0% below list)

Questions for the listing agent

  1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% 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. 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. 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.
  6. 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.
  7. 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
1.35%
Cap rate
10.80%
Cash-on-cash
16.10%
DSCR
1.72
GRM
6.2

CMA / ARV

ARV (median comp)
$155,000
List price
$170,000
Delta
9.68%
Verdict
FAIR
Comps
13 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2360 Brigadoon Ave 0.12mi 3/2.0 1,440 (0%) 3mo $132,000 $92 92
1519 Glenwood Ln 0.17mi 3/2.0 1,440 (0%) 3mo $138,000 $96 89
2308 Loch Lomond Ave 0.11mi 3/2.0 1,493 (+4%) 1mo $195,000 $131 88
2307 Grazide Cir 0.26mi 2/2.0 (-1) 1,440 (0%) 6mo $480,000 $333 78
2269 Galloway Ave 0.23mi 2/2.0 (-1) 1,440 (0%) 11mo $160,000 $111 75
2272 Brigadoon Ave 0.03mi 2/2.0 (-1) 1,344 (-7%) 10mo $62,500 $47 74
2323 Grazide Cir 0.27mi 2/2.0 (-1) 1,344 (-7%) 2mo $480,000 $357 70
1528 Argyle Ln 0.13mi 2/2.0 (-1) 1,584 (+10%) 3mo $179,900 $114 70
2252 Brigadoon Ave 0.04mi 3/2.0 1,630 (+13%) 10mo $165,000 $101 68
2293 Galloway Ave 0.24mi 2/2.0 (-1) 1,334 (-7%) 11mo $55,000 $41 62
1495 Argyle Ln 0.16mi 2/2.0 (-1) 1,248 (-13%) 6mo $105,000 $84 61
2291 Baskerville Ave 0.13mi 2/2.0 (-1) 1,248 (-13%) 11mo $60,000 $48 57

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
7.1%
Equity multiple
1.28×
Total profit
$13,154
Equity at exit
$25,348
10-year hold
IRR
16.4%
Equity multiple
2.34×
Total profit
$63,961
Equity at exit
$14,698

Cash invested: $47,600 (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 93514

Active inventory
74
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$2,295 medium interval (Pro) →
Mortgage (P&I)
$891
Tax est. 1.5%
$212 /mo · $2,550/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$482
Net cashflow
$639

Break-even live

Break-even rent $1,487
Max offer price $170,000
Occupancy floor 67%

Sensitivity live

Price -10% $756 -5% $697 +0% $639 +5% $580 +10% $521
Rent -10% $457 -5% $548 +0% $639 +5% $729 +10% $820
Rate -1.0pp $724 -0.5pp $682 base $639 +0.5pp $594 +1.0pp $550

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

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.

Listing history 17 events

  1. 2026-06-18
    days on market $170,000 Active 77 DOM
  2. 2026-06-17
    days on market $170,000 Active 76 DOM
  3. 2026-06-16
    days on market $170,000 Active 75 DOM
  4. 2026-06-15
    days on market $170,000 Active 74 DOM
  5. 2026-06-14
    days on market $170,000 Active 72 DOM
  6. 2026-06-13
    days on market $170,000 Active 71 DOM
  7. 2026-06-10
    days on market $170,000 Active 69 DOM
  8. 2026-06-09
    days on market $170,000 Active 68 DOM
  9. 2026-06-08
    days on market $170,000 Active 67 DOM
  10. 2026-06-07
    days on market $170,000 Active 66 DOM
  11. 2026-06-05
    days on market $170,000 Active 63 DOM
  12. 2026-06-03
    days on market $170,000 Active 62 DOM
  13. 2026-06-02
    days on market $170,000 Active 61 DOM
  14. 2026-06-01
    days on market $170,000 Active 60 DOM
  15. 2026-05-31
    days on market $170,000 Active 59 DOM
  16. 2026-05-31
    days on market $170,000 Active 58 DOM
  17. 2026-03-27
    listed $189,000 Active 855-char remark
    Show marketing remark (855 chars)

    3 Bed, 2 Bath Mobile Home on a Corner Lot " Welcome home to this spacious 3-bedroom, 2-bath mobile home perfectly situated on a desirable corner lot! Located directly across from the community clubhouse, you'll enjoy easy access to amenities and a neighborhood atmosphere. Step inside to find a comfortable open layout with plenty of natural light, and generous living spaces ideal for relaxing or entertaining. The primary bedroom features its own private bathroom and walk-in closet, while the additional bedrooms offer flexibility for family, guests, or a home office. You'll also love the large laundry room, offering extra storage space. Outside, the corner lot provides added privacy, and curb appeal. Whether you're enjoying your morning coffee or hosting a weekend get-together, this home offers the perfect blend of comfort and convenience

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$27,544
− Mortgage interest
−$9,523
− Property taxes
−$2,550
− Insurance
−$850
− Repairs & maintenance
−$2,204
− Management
−$2,204
− Depreciation
−$4,945
Taxable income
$5,269
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,265
After-tax cash flow
$6,398/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
Bishop Unified
NCES district ID
0601409
Math proficiency
25% ▼ -9.00%
Reading proficiency
36% ▼ -6.00%
Median HH income
$49,430
Composite
26.52/100
National rank
#7197
State rank
#337 of 517 in CA

Livability — Dixon Lane-MeadowCreek

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Dixon Lane-MeadowCreek, CA
Population (ZIP)
14,961

Population outlook (Inyo County) Hauer SSP2

Today (2025)
17,399 people
By 2030
16,824 · -3.3%
By 2040
15,543 · -10.7%
By 2050
14,332 · -17.6%
By 2075
12,213 · -29.8%
By 2100
9,997 · -42.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
White 60% Hispanic / Latino 25% Two or more races 14% Native American 9% Asian 2%
Hispanic origin (detail)
Mexican 20%
Common ancestry
Slovak 4% Italian 3% Romanian 2%
Foreign-born
9% · Canada, Jamaica
Languages at home
85% English-only · Spanish 12% Other Indo-European 1% Tagalog/Filipino 1%

Political lean MEDSL · Inyo

2024 margin
Toss-up / Even · D 46.9% · R 49.9% · Other 3.1%
2008→2024 swing
+6.2pp toward D · 2008: -9.2pp · 2024: -3.0pp
All cycles
2024: R+3.0 2020: D+0.1 2016: R+13.7 2012: R+11.8 2008: R+9.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -387.39%
Current HPI
231.287
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
  • 2026-03-27 Listed $189,000 IMLS

Property tax history

-1.8%/yr

Latest (2025): $154 · +10.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…