1177 Congress St W #42 · San Bernardino, CA 92410

$79,000

2 bd · 2.0 ba · 1,040 sqft · SingleFamily · 94 Days on market

Built 1965 Fair condition $76/sqft · 38% below area Est $128k · 38% under ↓ 12% since listing

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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 +3.9/5.0
• Schools +3.1/10.0
• Livability +3.0/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 55 years and older Senior Community mobile home park, with fenced community swimming pool, on-site laundry area and plenty of visitor parking. This is a 2 bedroom and 2 bath home. It has a spacious living room, kitchen and dining area. The master bedroom has its own private entrance from the outside. Must see to appreciate.

Key facts

• Visitor parking
• Private entrance
• On-site laundry area

Tags

• FENCED COMMUNITY SWIMMING POOL
• ON-SITE LAUNDRY AREA
• VISITOR PARKING
• PRIVATE ENTRANCE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $79k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $79k).
• Recommended offer: $72k (9.0% below list) — sets the bar for market timing.
• Cap rate 22.7% vs local median 3.5% in San Bernardino — 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 59/100 on livability (#661 in CA) — a working-class tenant base; expect higher turnover. Strengths: commute A+, housing A; Watch: schools D, employment D, crime F.
• San Bernardino City Unified (urban): math 27% / reading 40% proficiency, ranked #959 of 1,400 in CA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.5%/yr); 88 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• At $2,055/mo this rent would consume 46% of the median local household income ($54k/yr) (locally 2569% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $546 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 5.5% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($72k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $9k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $71,890 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 2.60% ✓
• Cap rate: 22.66%
• Cash-on-cash: 58.46%
• DSCR: 3.60
• GRM: 3.2

CMA / ARV

• ARV (median comp): $128,077
• List price: $79,000
• Delta: -38.32%
• Verdict: UNDERPRICED
• Comps: 7 within 2.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1253 W Belleview St	0.15mi	2/1.0	1,014 (-2%)	9mo	$350,000	$345	78
1105 W Congress St	0.16mi	3/1.0 (+1)	1,036 (-0%)	7mo	$425,000	$410	77
1329 W 3rd St	0.46mi	3/2.0 (+1)	996 (-4%)	4mo	$441,000	$443	64
1336 W Congress St	0.26mi	3/2.0 (+1)	1,030 (-1%)	24mo	$420,000	$408	61
1354 Poplar St	0.34mi	2/1.0	1,071 (+3%)	17mo	$435,000	$406	61
151 S Muscott	0.70mi	2/2.0	966 (-7%)	5mo	$450,000	$466	51
261 Kendall	0.48mi	3/1.0 (+1)	1,176 (+13%)	0mo	$325,000	$276	46
232 S Mount Vernon Ave	0.21mi	2/1.0	884 (-15%)	21mo	$435,000	$492	44
542 S K St	0.48mi	2/1.0	1,174 (+13%)	17mo	$465,000	$396	38
153 N Mount Vernon Ave	0.35mi	3/1.0 (+1)	922 (-11%)	24mo	$420,000	$456	36
1781 Jantzen Dr	0.74mi	3/1.0 (+1)	1,019 (-2%)	22mo	$448,000	$440	34

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 · 5.5% rent growth · sell at horizon

5-year hold

• IRR: 59.9%
• Equity multiple: 3.76×
• Total profit: $61,159
• Equity at exit: $11,779

10-year hold

• IRR: 65.5%
• Equity multiple: 8.44×
• Total profit: $164,642
• Equity at exit: $6,830

Cash invested: $22,120 (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 92410

• Home prices YoY: -9.7%
• Rents YoY: 5.5%
• Active inventory: 88
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $2,055 high
• Mortgage (P&I): −$414
• Tax est. 1.5%: −$99 /mo · $1,185/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $1,078

Break-even live

Break-even rent $691

Max offer price $79,000

Occupancy floor 43%

Sensitivity live

Price	-10% $1,132	-5% $1,105	+0% $1,078	+5% $1,050	+10% $1,023
Rent	-10% $915	-5% $996	+0% $1,078	+5% $1,159	+10% $1,240
Rate	-1.0pp $1,117	-0.5pp $1,098	base $1,078	+0.5pp $1,057	+1.0pp $1,036

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1360 Poplar St San Bernardino, CA	3.0	2.0	1250	$2,495	$2.00	19d	1	0.34mi
455 Pear St San Bernardino, CA	2.0	1.0	875	$2,050	$2.34	45d	1	0.35mi
515 Ramona Ave San Bernardino, CA	3.0	1.0	1040	$2,095	$2.01	25d	1	0.93mi
555 Ramona Ave San Bernardino, CA	1.0	1.0	724	$1,650	$2.28	45d	1	0.97mi
1455 Veterans Way Apt F Colton, CA	2.0	1.0	779	$1,750	$2.25	21d	1	0.97mi
1455 Veterans Way Apt C Colton, CA	2.0	1.0	779	$1,850	$2.37	21d	1	0.97mi
865 Mission Dr San Bernardino, CA	3.0	1.0	1360	$2,750	$2.02	45d	1	1.01mi
1211 W 8th St San Bernardino, CA	3.0	1.0	950	$1,995	$2.10	25d	1	1.08mi
834 N Davidson Ave Unit 838-1 San Bernardino, CA	1.0	1.0	700	$1,250	$1.79	45d	1	1.15mi
834 N Davidson Ave Unit 838-1 San Bernardino, CA	1.0	1.0	700	$1,250	$1.79	25d	1	1.15mi
619 N Gardena St San Bernardino, CA	3.0	2.0	1000	$2,900	$2.90	6d	1	1.21mi
738 N G St San Bernardino, CA	2.0	1.0	800	$1,695	$2.12	45d	1	1.22mi
386 S Arrowhead Ave San Bernardino, CA	2.0	1.0	960	$2,000	$2.08	45d	1	1.23mi
1432 W 9th St San Bernardino, CA	3.0	1.0	1225	$2,700	$2.20	45d	1	1.29mi
649 W 8th St Unit B San Bernardino, CA	2.0	1.0	870	$1,590	$1.83	45d	1	1.33mi
1417 Pennsylvania Ave Colton, CA	3.0	2.0	1300	$2,395	$1.84	45d	1	1.40mi
1331 N Pennsylvania Ave Unit 1331 Colton, CA	1.0	1.0	750	$1,600	$2.13	4d	1	1.44mi
1327 N Pennsylvania Ave Unit 1327 Colton, CA	3.0	2.0	1200	$2,640	$2.20	25d	1	1.45mi

Listing history 18 events

1. 2026-06-21
   days on market $79,000 Active 94 DOM
2. 2026-06-18
   days on market $79,000 Active 91 DOM
3. 2026-06-17
   days on market $79,000 Active 90 DOM
4. 2026-06-16
   days on market $79,000 Active 89 DOM
5. 2026-06-15
   days on market $79,000 Active 88 DOM
6. 2026-06-13
   days on market $79,000 Active 86 DOM
7. 2026-06-09
   days on market $79,000 Active 82 DOM
8. 2026-06-08
   days on market $79,000 Active 81 DOM
9. 2026-06-07
   days on market $79,000 Active 80 DOM
10. 2026-06-04
    days on market $79,000 Active 77 DOM
11. 2026-06-03
    days on market $79,000 Active 76 DOM
12. 2026-06-02
    days on market $79,000 Active 75 DOM
13. 2026-06-01
    days on market $79,000 Active 74 DOM
14. 2026-05-31
    days on market $79,000 Active 73 DOM
15. 2026-04-24
    price $79,000 336-char remark

    Show marketing remark (336 chars)

    Beautiful 55 years and older Senior Community mobile home park, with fenced community swimming pool, on-site laundry area and plenty of visitor parking. This is a 2 bedroom and 2 bath home. It has a spacious living room, kitchen and dining area. The master bedroom has its own private entrance from the outside. Must see to appreciate.

16. 2026-03-19
    listed $88,000 Active 336-char remark

    Show marketing remark (336 chars)

    Beautiful 55 years and older Senior Community mobile home park, with fenced community swimming pool, on-site laundry area and plenty of visitor parking. This is a 2 bedroom and 2 bath home. It has a spacious living room, kitchen and dining area. The master bedroom has its own private entrance from the outside. Must see to appreciate.

17. 2024-04-03
    historical
18. 2024-03-23
    listed $89,900 Active

ⓘ 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 X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥102°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 25 unhealthy d/yr today · 31 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,661
• − Mortgage interest: −$4,425
• − Property taxes: −$1,185
• − Insurance: −$395
• − Repairs & maintenance: −$1,973
• − Management: −$1,973
• − Depreciation: −$2,298
• Taxable income: $12,412
• Est. tax owed @ 24.0%: −$2,979
• After-tax cash flow: $9,952/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 · 13 photos

Fair 45/100 Cosmetic rehab

This home is in fair condition with some repairs and maintenance needed. It has a spacious living room, kitchen and dining area, and a master bedroom with its own private entrance. The home is located in a senior community with a fenced community swimming pool, on-site laundry area and plenty of visitor parking.

Repairs flagged

• Minor Exterior siding — Some discoloration and wear visible.
• Minor Interior walls — Some discoloration and wear visible.
• Minor Kitchen cabinets — Some wear visible.
• Minor Bathrooms — Some wear visible.
• Minor Windows — Some discoloration and wear visible.
• Minor HVAC/mechanicals — Some wear visible.
• Minor Landscaping — Some overgrown areas and wear visible.

Value-add opportunities

• Resale Paint exterior siding — Fresh paint can significantly improve the curb appeal and value of the home.
• Resale Replace carpet in living room and kitchen — Fresh carpet can improve the overall look and feel of the home, making it more appealing to potential buyers.
• Resale Paint interior walls — Fresh paint can improve the overall look and feel of the home, making it more appealing to potential buyers.
• Resale Replace kitchen cabinets — Fresh cabinets can improve the overall look and feel of the home, making it more appealing to potential buyers.
• Resale Replace bathroom fixtures — Fresh fixtures can improve the overall look and feel of the home, making it more appealing to potential buyers.
• Resale Replace windows — Fresh windows can improve the overall look and feel of the home, making it more appealing to potential buyers.
• Resale Service HVAC system — A well-maintained HVAC system can improve the overall comfort and energy efficiency of the home, making it more appealing to potential buyers.
• Resale Trim and maintain landscaping — Fresh landscaping can improve the overall look and feel of the home, making it more appealing to potential buyers.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exterior siding · Some discoloration and wear visible.	Minor	$500–3,000
Interior walls · Some discoloration and wear visible.	Minor	$500–3,000
Kitchen cabinets · Some wear visible.	Minor	$500–3,000
Bathrooms · Some wear visible.	Minor	$500–3,000
Windows · Some discoloration and wear visible.	Minor	$500–3,000
HVAC/mechanicals · Some wear visible.	Minor	$500–3,000
Landscaping · Some overgrown areas and wear visible.	Minor	$500–3,000
Total estimated repair cost · 7 items		$3,500–21,000

Value-add ROI direction

• Resale Paint exterior siding — Fresh paint can significantly improve the curb appeal and value of the home. ↑
• Resale Replace carpet in living room and kitchen — Fresh carpet can improve the overall look and feel of the home, making it more appealing to potential buyers. ↑
• Resale Paint interior walls — Fresh paint can improve the overall look and feel of the home, making it more appealing to potential buyers. ↑
• Resale Replace kitchen cabinets — Fresh cabinets can improve the overall look and feel of the home, making it more appealing to potential buyers. ↑
• Resale Replace bathroom fixtures — Fresh fixtures can improve the overall look and feel of the home, making it more appealing to potential buyers. ↑
• Resale Replace windows — Fresh windows can improve the overall look and feel of the home, making it more appealing to potential buyers. ↑
• Resale Service HVAC system — A well-maintained HVAC system can improve the overall comfort and energy efficiency of the home, making it more appealing to potential buyers. ↑
• Resale Trim and maintain landscaping — Fresh landscaping can improve the overall look and feel of the home, making it more appealing to potential buyers. ↑

ⓘ 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: San Bernardino City Unified
• NCES district ID: 0634170
• Math proficiency: 27% ▲ 1.00%
• Reading proficiency: 40% ▬ 0.00%
• Median HH income: $39,758
• Composite: 30.8/100
• National rank: #11385
• State rank: #959 of 1400 in CA

Livability — San Bernardino

• Score: 59/100
• State rank: #661
• US rank: #20479

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: San Bernardino, CA
• County: San Bernardino County · 2,030,291 people
• City population: 255,614
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 47,869
• Household income: $54,181
• Rent vs Own: 58.3% rent · 41.7% own
• Severe rent burden: 2569.0

Population outlook (San Bernardino County) Hauer SSP2

• Today (2025): 2,300,329 people
• By 2030: 2,378,907 · +3.4%
• By 2040: 2,523,137 · +9.7%
• By 2050: 2,642,388 · +14.9%
• By 2075: 2,880,769 · +25.2%
• By 2100: 2,909,436 · +26.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (80%)
• Race & ethnicity: Hispanic / Latino 80% Two or more races 12% Black 8% White 7% Asian 3%
• Hispanic origin (detail): Mexican 70%
• Common ancestry: Romanian 0%
• Foreign-born: 29% · Canada, Vietnam, Jamaica
• Languages at home: 32% English-only · Spanish 65% Vietnamese 1%

Political lean MEDSL · San Bernardino

• 2024 margin: Toss-up / Even · D 47.5% · R 49.7% · Other 2.8%
• 2008→2024 swing: -8.5pp toward R · 2008: 6.3pp · 2024: -2.1pp
• All cycles: 2024: R+2.1 2020: D+10.7 2016: D+9.8 2012: D+5.4 2008: D+6.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.39%
• Current HPI: 504.0299
• Rent YoY: ▲ 5.50%
• 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

-12.1% since first listed

4 events — show timeline

• 2026-04-24 Price Changed $79,000 CRMLS
• 2026-03-19 Listed $88,000 CRMLS
• 2024-04-03 Listing Removed — CRMLS
• 2024-03-23 Listed $89,900 CRMLS