412 S Paseo Laredo · Cathedral City, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 9/10 · Severe
- Hot days now (above 113°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
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 +15.0/30.0
- ARV discount +15.0/15.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- 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
$68,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* * * MAJOR PRICE REDUCTION * * * to welcome you to your next home! in Date Palm CC, a guard gated 55+ Active Adult resort community. The community has 18 holes of executive golf plus a restaurant, tennis and pickleball among its many amenities. This 2bed, 2bath + Den 1500+ sq Manuf home is upgraded to include but not limited to new laminate wood flooring, new HVAC system, oven range, dishwasher, drywalled throughout, walk-in showers in each bathroom that features upgraded countertops, faucetry and back splash. The home has an easy flow throughout with a great room feel. This "on the golf course" move-in ready property also offers fabulous mountain views, an inside Laundry Area with new W/ D units, a inside the home wet bar area, a shed/golf cart garage, a built in BBQ unit in front patio plus a mobile propane BBQ and a expansive back patio with large patio table and chairs to enjoy outdoor cocktails and meals. There's a full length front patio with a cleared out area for your personal plantings and a carport that can accommodate up 3 cars. SUPER MOTIVATED Seller. His loss is YOUR GAIN!! Don't Let this Opportunity pass you by. Come See, Make Offer!!
Key facts
- Expansive back patio
- Inside laundry area
- Wet bar area
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath manufactured listed at $68k.
Deal economics
- At list price, monthly cash flow is $2k ($23k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $68k).
- Recommended offer: $60k (12.0% below list) — sets the bar for market timing.
- Cap rate 39.4% 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; 28 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).
- At $2,944/mo this rent would consume 48% of the median local household income ($74k/yr) (locally 1682% 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 $470 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 + 3.2% rent growth), your $19k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 135 days — a 12% lower offer ($60k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 22y ago; this cycle's ask has dropped $87k (56%) 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 4.33% ✓
- Cap rate
- 39.39%
- Cash-on-cash
- 118.20%
- DSCR
- 6.26
- GRM
- 1.9
CMA / ARV
- ARV (median comp)
- $105,260
- List price
- $68,000
- Delta
- -35.40%
- 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 |
|---|---|---|---|---|---|---|---|
| 409 S Paseo Laredo | 0.02mi | 2/2.0 (-1) | 1,440 (0%) | 1mo | $58,000 | $40 | 89 |
| 443 Paseo Perdido | 0.19mi | 2/2.0 (-1) | 1,440 (0%) | 0mo | $65,000 | $45 | 82 |
| 464 Cerritos Way | 0.16mi | 2/2.0 (-1) | 1,440 (0%) | 2mo | $95,000 | $66 | 82 |
| 318 Via Don Benito | 0.29mi | 2/2.0 (-1) | 1,536 (+7%) | 2mo | $85,000 | $55 | 64 |
| 447 Paseo Perdido | 0.20mi | 2/2.0 (-1) | 1,590 (+10%) | 1mo | $55,000 | $35 | 64 |
| 67 Paseo Laredo North | 0.59mi | 2/2.0 (-1) | 1,440 (0%) | 1mo | $55,000 | $38 | 63 |
| 229 Calle Leandro | 0.57mi | 2/2.0 (-1) | 1,440 (0%) | 3mo | $90,000 | $63 | 62 |
| 309 Via Don Benito | 0.35mi | 2/2.0 (-1) | 1,560 (+8%) | 0mo | $119,000 | $76 | 60 |
| 12 Via Valverde | 0.69mi | 3/2.0 | 1,440 (0%) | 5mo | $120,000 | $83 | 60 |
| 337 Via Don Benito | 0.27mi | 2/2.0 (-1) | 1,608 (+12%) | 0mo | $77,000 | $48 | 59 |
| 35 N Paseo Laredo | 0.64mi | 2/2.0 (-1) | 1,440 (0%) | 4mo | $157,000 | $109 | 58 |
| 149 Capri St | 0.61mi | 2/2.0 (-1) | 1,500 (+4%) | 1mo | $170,000 | $113 | 55 |
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
- IRR
- —
- Equity multiple
- 6.73×
- Total profit
- $109,114
- Equity at exit
- $10,139
- IRR
- —
- Equity multiple
- 14.22×
- Total profit
- $251,644
- Equity at exit
- $5,879
Cash invested: $19,040 (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
ZIP-level market 92234
- Home prices YoY
- -27.7%
- Rents YoY
- 3.2%
- Active inventory
- 525
- Price-to-rent
- 1.9×
Monthly cashflow live
- Estimated rent
- $2,944 high interval (Pro) →
- Mortgage (P&I)
- −$357
- Tax from tax record
- −$65 /mo · $780/yr
- Insurance
- −$28
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$618
- Net cashflow
- $1,875
Break-even live
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
- $17,000
- Closing costs
- $2,040
- 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 28 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 250 S Paseo Laredo Cathedral City, CA | 2.0 | 2.0 | 1600 | $1,800 | $1.12 | 12d | 1 | 0.28mi |
| 251 S Paseo Laredo Cathedral City, CA | 2.0 | 2.0 | 1440 | $2,400 | $1.67 | 43d | 1 | 0.28mi |
| 70170 Sun Valley Dr Rancho Mirage, CA | 2.0 | 2.0 | 1368 | $3,800 | $2.78 | 4d | 1 | 0.39mi |
| 37800 Da Vall Dr #12 Rancho Mirage, CA | 2.0 | 2.0 | 1387 | $2,400 | $1.73 | 43d | 1 | 0.43mi |
| 36040 Avenida de las Montanas Unit E Cathedral City, CA | 2.0 | 2.0 | 1220 | $3,200 | $2.62 | 43d | 1 | 0.62mi |
| 8 Mission Ct Rancho Mirage, CA | 2.0 | 2.0 | 1540 | $2,500 | $1.62 | 18d | 1 | 0.78mi |
| 38 Mission Ct Rancho Mirage, CA | 3.0 | 3.0 | 1382 | $3,500 | $2.53 | 43d | 1 | 0.81mi |
| 35 Mission Ct Rancho Mirage, CA | 3.0 | 2.0 | 1382 | $4,125 | $2.98 | 43d | 1 | 0.82mi |
| 35090 Mission Hills Dr Rancho Mirage, CA | 2.0 | 2.0 | 1596 | $3,950 | $2.47 | 24d | 1 | 0.83mi |
| 159 Estrada Way Cathedral City, CA | 3.0 | 2.0 | 1800 | $2,850 | $1.58 | 43d | 1 | 0.84mi |
| 35082 Mission Hills Dr Rancho Mirage, CA | 2.0 | 2.5 | 1624 | $3,250 | $2.00 | 12d | 1 | 0.85mi |
| 152 Estrada Way #152 Cathedral City, CA | 2.0 | 2.0 | 1500 | $2,200 | $1.47 | 43d | 1 | 0.86mi |
| 70100 Mirage Cove Dr #10 Rancho Mirage, CA | 3.0 | 2.0 | 1570 | $3,000 | $1.91 | 43d | 1 | 0.90mi |
| 35054 Mission Hills Dr Rancho Mirage, CA | 2.0 | 2.0 | 1396 | $2,549 | $1.83 | 4d | 1 | 0.95mi |
| 69200 Nilda Dr Cathedral City, CA | 3.0 | 2.0 | 1330 | $2,495 | $1.88 | 21d | 1 | 1.14mi |
| 68695 F St Cathedral City, CA | 3.0 | 2.5 | 896 | $2,500 | $2.79 | 43d | 1 | 1.14mi |
| 68882 Calle Mula Cathedral City, CA | 2.0 | 2.0 | 1714 | $2,500 | $1.46 | 20d | 1 | 1.15mi |
| 68859 Paseo Real Cathedral City, CA | 2.0 | 2.0 | 1406 | $3,960 | $2.82 | 14d | 1 | 1.28mi |
| 68859 Paseo Real Cathedral City, CA | 2.0 | 2.0 | 1406 | $3,960 | $2.82 | 43d | 1 | 1.28mi |
| 34750 Marcia Rd Unit 02 Cathedral City, CA | 3.0 | 2.0 | 1325 | $2,000 | $1.51 | 17d | 1 | 1.30mi |
| 69646 Antonia Way Rancho Mirage, CA | 2.0 | 2.0 | 966 | $2,450 | $2.54 | 18d | 1 | 1.34mi |
| 34361 Denise Way Rancho Mirage, CA | 3.0 | 2.0 | 1400 | $2,800 | $2.00 | 43d | 1 | 1.39mi |
| 69603 Heather Way Rancho Mirage, CA | 3.0 | 2.0 | 1218 | $2,300 | $1.89 | 43d | 1 | 1.39mi |
| 39905 Estates Rd Unit 3 Rancho Mirage, CA | 2.0 | 2.0 | 1000 | $1,800 | $1.80 | 24d | 1 | 1.39mi |
| 39955 Estates Rd Apt 11 Rancho Mirage, CA | 2.0 | 2.0 | 1000 | $2,395 | $2.40 | 4d | 1 | 1.44mi |
| 35200 Cathedral Canyon Dr Unit H64 Cathedral City, CA | 2.0 | 2.0 | 1375 | $2,500 | $1.82 | 43d | 1 | 1.48mi |
| 69180 Victoria Dr #8 Cathedral City, CA | 3.0 | 2.0 | 1230 | $1,995 | $1.62 | 2d | 1 | 1.48mi |
| 107 Racquet Club Dr Rancho Mirage, CA | 2.0 | 2.0 | 1488 | $4,500 | $3.02 | 43d | 1 | 1.49mi |
Listing history 39 events
-
2026-06-18days on market $68,000 Active 135 DOM
-
2026-06-17days on market $68,000 Active 134 DOM
-
2026-06-16days on market $68,000 Active 133 DOM
-
2026-06-15days on market $68,000 Active 132 DOM
-
2026-06-13days on market $68,000 Active 130 DOM
-
2026-06-13days on market $68,000 Active 129 DOM
-
2026-06-09days on market $68,000 Active 126 DOM
-
2026-06-08days on market $68,000 Active 125 DOM
-
2026-06-07days on market $68,000 Active 124 DOM
-
2026-06-04days on market $68,000 Active 121 DOM
-
2026-06-03days on market $68,000 Active 120 DOM
-
2026-06-02days on market $68,000 Active 119 DOM
-
2026-06-01days on market $68,000 Active 118 DOM
-
2026-05-31days on market $68,000 Active 117 DOM
-
2026-05-19historical Backup Offers Accepted 1183-char remark
Show marketing remark (1183 chars)
* * * MAJOR PRICE REDUCTION * * * to welcome you to your next home! in Date Palm CC, a guard gated 55+ Active Adult resort community. The community has 18 holes of executive golf plus a restaurant, tennis and pickleball among its many amenities. This 2bed, 2bath + Den 1500+ sq Manuf home is upgraded to include but not limited to new laminate wood flooring, new HVAC system, oven range, dishwasher, drywalled throughout, walk-in showers in each bathroom that features upgraded countertops, faucetry and back splash. The home has an easy flow throughout with a great room feel. This "on the golf course" move-in ready property also offers fabulous mountain views, an inside Laundry Area with new W/ D units, a inside the home wet bar area, a shed/golf cart garage, a built in BBQ unit in front patio plus a mobile propane BBQ and a expansive back patio with large patio table and chairs to enjoy outdoor cocktails and meals. There's a full length front patio with a cleared out area for your personal plantings and a carport that can accommodate up 3 cars. SUPER MOTIVATED Seller. His loss is YOUR GAIN!! Don't Let this Opportunity pass you by. Come See, Make Offer!!
-
2026-05-15price $68,000 1183-char remark
Show marketing remark (1183 chars)
* * * MAJOR PRICE REDUCTION * * * to welcome you to your next home! in Date Palm CC, a guard gated 55+ Active Adult resort community. The community has 18 holes of executive golf plus a restaurant, tennis and pickleball among its many amenities. This 2bed, 2bath + Den 1500+ sq Manuf home is upgraded to include but not limited to new laminate wood flooring, new HVAC system, oven range, dishwasher, drywalled throughout, walk-in showers in each bathroom that features upgraded countertops, faucetry and back splash. The home has an easy flow throughout with a great room feel. This "on the golf course" move-in ready property also offers fabulous mountain views, an inside Laundry Area with new W/ D units, a inside the home wet bar area, a shed/golf cart garage, a built in BBQ unit in front patio plus a mobile propane BBQ and a expansive back patio with large patio table and chairs to enjoy outdoor cocktails and meals. There's a full length front patio with a cleared out area for your personal plantings and a carport that can accommodate up 3 cars. SUPER MOTIVATED Seller. His loss is YOUR GAIN!! Don't Let this Opportunity pass you by. Come See, Make Offer!!
-
2026-04-17price $98,000 1183-char remark
Show marketing remark (1183 chars)
* * * MAJOR PRICE REDUCTION * * * to welcome you to your next home! in Date Palm CC, a guard gated 55+ Active Adult resort community. The community has 18 holes of executive golf plus a restaurant, tennis and pickleball among its many amenities. This 2bed, 2bath + Den 1500+ sq Manuf home is upgraded to include but not limited to new laminate wood flooring, new HVAC system, oven range, dishwasher, drywalled throughout, walk-in showers in each bathroom that features upgraded countertops, faucetry and back splash. The home has an easy flow throughout with a great room feel. This "on the golf course" move-in ready property also offers fabulous mountain views, an inside Laundry Area with new W/ D units, a inside the home wet bar area, a shed/golf cart garage, a built in BBQ unit in front patio plus a mobile propane BBQ and a expansive back patio with large patio table and chairs to enjoy outdoor cocktails and meals. There's a full length front patio with a cleared out area for your personal plantings and a carport that can accommodate up 3 cars. SUPER MOTIVATED Seller. His loss is YOUR GAIN!! Don't Let this Opportunity pass you by. Come See, Make Offer!!
-
2026-03-21price $110,000 1183-char remark
Show marketing remark (1183 chars)
* * * MAJOR PRICE REDUCTION * * * to welcome you to your next home! in Date Palm CC, a guard gated 55+ Active Adult resort community. The community has 18 holes of executive golf plus a restaurant, tennis and pickleball among its many amenities. This 2bed, 2bath + Den 1500+ sq Manuf home is upgraded to include but not limited to new laminate wood flooring, new HVAC system, oven range, dishwasher, drywalled throughout, walk-in showers in each bathroom that features upgraded countertops, faucetry and back splash. The home has an easy flow throughout with a great room feel. This "on the golf course" move-in ready property also offers fabulous mountain views, an inside Laundry Area with new W/ D units, a inside the home wet bar area, a shed/golf cart garage, a built in BBQ unit in front patio plus a mobile propane BBQ and a expansive back patio with large patio table and chairs to enjoy outdoor cocktails and meals. There's a full length front patio with a cleared out area for your personal plantings and a carport that can accommodate up 3 cars. SUPER MOTIVATED Seller. His loss is YOUR GAIN!! Don't Let this Opportunity pass you by. Come See, Make Offer!!
-
2026-02-01$155,000 Active 1183-char remark
Show marketing remark (1183 chars)
* * * MAJOR PRICE REDUCTION * * * to welcome you to your next home! in Date Palm CC, a guard gated 55+ Active Adult resort community. The community has 18 holes of executive golf plus a restaurant, tennis and pickleball among its many amenities. This 2bed, 2bath + Den 1500+ sq Manuf home is upgraded to include but not limited to new laminate wood flooring, new HVAC system, oven range, dishwasher, drywalled throughout, walk-in showers in each bathroom that features upgraded countertops, faucetry and back splash. The home has an easy flow throughout with a great room feel. This "on the golf course" move-in ready property also offers fabulous mountain views, an inside Laundry Area with new W/ D units, a inside the home wet bar area, a shed/golf cart garage, a built in BBQ unit in front patio plus a mobile propane BBQ and a expansive back patio with large patio table and chairs to enjoy outdoor cocktails and meals. There's a full length front patio with a cleared out area for your personal plantings and a carport that can accommodate up 3 cars. SUPER MOTIVATED Seller. His loss is YOUR GAIN!! Don't Let this Opportunity pass you by. Come See, Make Offer!!
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2019-09-18soldstatus $92,000 Sold 416-char remark
Show marketing remark (416 chars)
Gorgeous Renovation/remodel large kitchen with new cabinets Island with SLAB GRANITE counters and lovely backsplash. new appliances, under counter lighting. interior completely redone Open floor plan with new everything drywall, new highgrade laminate floors, ceiling fans in every room. Bathrooms all new with quartz counters. Stunning Golf Course and mountain views. Country Club Living at a very affordable price.
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2019-09-18soldstatus $92,000 Closed 416-char remark
Show marketing remark (416 chars)
Gorgeous Renovation/remodel large kitchen with new cabinets Island with SLAB GRANITE counters and lovely backsplash. new appliances, under counter lighting. interior completely redone Open floor plan with new everything drywall, new highgrade laminate floors, ceiling fans in every room. Bathrooms all new with quartz counters. Stunning Golf Course and mountain views. Country Club Living at a very affordable price.
-
2019-08-10status Pending 416-char remark
Show marketing remark (416 chars)
Gorgeous Renovation/remodel large kitchen with new cabinets Island with SLAB GRANITE counters and lovely backsplash. new appliances, under counter lighting. interior completely redone Open floor plan with new everything drywall, new highgrade laminate floors, ceiling fans in every room. Bathrooms all new with quartz counters. Stunning Golf Course and mountain views. Country Club Living at a very affordable price.
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2019-07-25$97,500 Active 416-char remark
Show marketing remark (416 chars)
Gorgeous Renovation/remodel large kitchen with new cabinets Island with SLAB GRANITE counters and lovely backsplash. new appliances, under counter lighting. interior completely redone Open floor plan with new everything drywall, new highgrade laminate floors, ceiling fans in every room. Bathrooms all new with quartz counters. Stunning Golf Course and mountain views. Country Club Living at a very affordable price.
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2018-05-31historical
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2018-05-25price $15,000
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2018-05-01status Active
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2018-04-30historical
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2018-04-18price $19,900
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2018-04-17price $199,000
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2018-04-11status Active
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2018-04-05status Backup Offers Accepted
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2018-03-21$27,000 Active
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2011-08-09historical
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2011-07-29$32,500 Active
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2004-08-27soldstatus $15,000
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2004-07-15historical
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2004-05-13$19,500
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2004-05-13historical
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2004-05-11
ⓘ 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
- $780 · $65/mo
- Projected year-2 tax
- $780 · $65/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 · 0% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥113°F today · 21 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 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
- $35,322
- − Mortgage interest
- −$3,809
- − Property taxes
- −$780
- − Insurance
- −$340
- − Repairs & maintenance
- −$2,826
- − Management
- −$2,826
- − Depreciation
- −$1,978
- Taxable income
- $22,763
- Est. tax owed @ 24.0%
- −$5,463
- After-tax cash flow
- $17,042/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
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
- 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 |
|---|---|---|
| Technology | 27 | $1,492B |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+248.7% since first listed25 events — show timeline
- 2026-05-19 Contingent — TheMLS
- 2026-05-15 Price Changed $68,000 TheMLS
- 2026-04-17 Price Changed $98,000 TheMLS
- 2026-03-21 Price Changed $110,000 TheMLS
- 2026-02-01 Listed $155,000 TheMLS
- 2019-09-18 Sold (MLS) $92,000 GPSMLS
- 2019-09-18 Sold (MLS) $92,000 GPSMLS
- 2019-08-10 Pending — GPSMLS
- 2019-07-25 Listed $97,500 GPSMLS
- 2018-05-31 Listing Removed — GPSMLS
- 2018-05-25 Price Changed $15,000 GPSMLS
- 2018-05-01 Relisted — GPSMLS
- 2018-04-30 Listing Removed — GPSMLS
- 2018-04-18 Price Changed $19,900 GPSMLS
- 2018-04-17 Price Changed $199,000 GPSMLS
- 2018-04-11 Relisted — GPSMLS
- 2018-04-05 Pending — GPSMLS
- 2018-03-21 Listed $27,000 GPSMLS
- 2011-08-09 Listing Removed — GPSMLS
- 2011-07-29 Listed $32,500 GPSMLS
- 2004-08-27 Sold (MLS) $15,000 PALM
- 2004-07-15 Delisted — PALM
- 2004-05-13 Delisted — PALM
- 2004-05-13 Listed $19,500 PALM
- 2004-05-11 Listed — PALM
Property tax history
+5.3%/yrLatest (2025): $780 · +8.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…