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31600 Troy Rd
A- Composite 80.19
Why this score? — see what drove the A- 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
  • Appreciation +5.0/10.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0

$65,000

31600 Troy Rd · Newberry Springs, CA 92365
3 bd · 1.0 ba · 1,120 sqft · Manufactured public records · 353 Days on market
Built 1971 30 ac lot $58/sqft · 22% below area Est $84k · 22% under ↓ 31% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Your slice of paradise is ready and waiting with panoramic, unobstructed views. Experience off-grid living in a 3-bedroom, 1-bathroom mobile home on a spacious 30-acre lot. Utilities are available.

Key facts

  • Off-grid living
  • Panoramic views
  • Spacious lot

Tags

PANORAMIC VIEWSUNOBSTRUCTED VIEWSOFF-GRID LIVINGSPACIOUS LOT

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/1.0-bath manufactured listed at $65k.

Deal economics

  • At list price, monthly cash flow is $931 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $65k).
  • Recommended offer: $57k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade A — affects rentability + tenant quality, not the cash-flow math above.
  • Silver Valley Unified (town): math 23% / reading 39% proficiency, ranked #323 of 517 in CA (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 209 active listings in the ZIP; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).

Forward outlook

  • In year one you build about $2k of equity ($449 loan paydown + $2k appreciation (3.0% local appreciation)).
  • 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 + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 353 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 20y ago; this cycle's ask has dropped $23k (26%) 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 $57,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 353 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — 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
2.63%
Cap rate
23.48%
Cash-on-cash
61.39%
DSCR
3.73
GRM
3.2

CMA / ARV

ARV (median comp)
$83,743
List price
$65,000
Delta
-22.38%
Verdict
UNDERPRICED
Comps
1 within 2.0 mi

Projected returns pro-forma

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

5-year hold
IRR
66.2%
Equity multiple
4.69×
Total profit
$67,141
Equity at exit
$29,227
10-year hold
IRR
65.7%
Equity multiple
9.57×
Total profit
$155,928
Equity at exit
$45,042

Cash invested: $18,200 (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 92365

Active inventory
209
Price-to-rent
3.2×

Monthly cashflow live

Estimated rent
$1,712 medium interval (Pro) →
Mortgage (P&I)
$341
Tax from tax record
$54 /mo · $644/yr
Insurance
$27
HOA
$0
Vacancy / Maint / Mgmt
$360
Net cashflow
$931

Break-even live

Break-even rent $534
Max offer price $65,000
Occupancy floor 41%

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
$16,250
Closing costs
$1,950
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 50 events

  1. 2026-06-18
    days on market $65,000 Active 353 DOM
  2. 2026-06-17
    pricedays on market $65,000 Active 352 DOM
  3. 2026-06-16
    days on market $79,900 Active 351 DOM
  4. 2026-06-15
    days on market $79,900 Active 350 DOM
  5. 2026-06-13
    days on market $79,900 Active 348 DOM
  6. 2026-06-13
    days on market $79,900 Active 347 DOM
  7. 2026-06-09
    days on market $79,900 Active 344 DOM
  8. 2026-06-08
    days on market $79,900 Active 343 DOM
  9. 2026-06-07
    days on market $79,900 Active 342 DOM
  10. 2026-06-04
    days on market $79,900 Active 339 DOM
  11. 2026-06-03
    days on market $79,900 Active 338 DOM
  12. 2026-06-02
    days on market $79,900 Active 337 DOM
  13. 2026-06-01
    days on market $79,900 Active 336 DOM
  14. 2026-05-31
    days on market $79,900 Active 335 DOM
  15. 2025-11-11
    price $79,900 197-char remark
    Show marketing remark (197 chars)

    Your slice of paradise is ready and waiting with panoramic, unobstructed views. Experience off-grid living in a 3-bedroom, 1-bathroom mobile home on a spacious 30-acre lot. Utilities are available.

  16. 2025-06-30
    listed $88,000 Active 197-char remark
    Show marketing remark (197 chars)

    Your slice of paradise is ready and waiting with panoramic, unobstructed views. Experience off-grid living in a 3-bedroom, 1-bathroom mobile home on a spacious 30-acre lot. Utilities are available.

  17. 2025-05-17
    historical
  18. 2025-05-17
    historical
  19. 2025-02-19
    price $99,000
  20. 2024-07-08
    price $134,900
  21. 2024-05-20
    listed $149,900 Active
  22. 2024-05-20
    listed $149,900 Active
  23. 2024-05-13
    historical
  24. 2023-11-03
    status Active
  25. 2023-11-03
    historical
  26. 2023-11-01
    historical
  27. 2023-11-01
    historical
  28. 2023-10-18
    price $168,000
  29. 2023-10-10
    price $188,000
  30. 2023-09-01
    price $212,000
  31. 2023-08-11
    price $229,000
  32. 2023-08-11
    listed $229,000 Active
  33. 2023-08-11
    historical
  34. 2023-07-12
    price $259,000
  35. 2023-06-14
    listed $299,000 Active
  36. 2023-06-14
    historical
  37. 2023-04-06
    price $299,000
  38. 2023-03-24
    price $339,000
  39. 2023-03-04
    price $349,000
  40. 2023-02-21
    price $359,000
  41. 2023-02-03
    price $379,000
  42. 2023-01-03
    status Active
  43. 2023-01-03
    listed $399,000
  44. 2023-01-03
    historical
  45. 2020-04-08
    soldstatus $62,000
  46. 2009-02-10
    historical
  47. 2008-08-29
    soldstatus $140,000
  48. 2008-01-13
    historical
  49. 2007-08-13
    listed $349,000
  50. 2006-10-03
    listed $495,000

ⓘ 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
$644 · $54/mo
Projected year-2 tax
$644 · $54/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 D · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 6/10 Major 10 unhealthy d/yr today · 14 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,547
− Mortgage interest
−$3,641
− Property taxes
−$644
− Insurance
−$325
− Repairs & maintenance
−$1,644
− Management
−$1,644
− Depreciation
−$1,891
Taxable income
$10,759
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,582
After-tax cash flow
$8,591/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
Silver Valley Unified
NCES district ID
0636820
Math proficiency
23% ▼ -12.00%
Reading proficiency
39% ▼ -12.00%
Median HH income
$48,754
Composite
26.85/100
National rank
#7105
State rank
#323 of 517 in CA

Livability — Newberry Springs

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

Census & demographics

Population (ZIP)
2,514

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
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
White 56% Hispanic / Latino 29% Two or more races 20% Asian 8% Black 2%
Hispanic origin (detail)
Mexican 14% Dominican 7%
Common ancestry
Romanian 5% Slovak 2% Serbian 2%
Foreign-born
16% · Canada, Vietnam
Languages at home
85% English-only · Spanish 8% Vietnamese 2% German/W. Germanic 2%

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
Current HPI
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

-30.5% since first listed
38 events — show timeline
  • 2025-11-11 Price Changed $79,900 CRMLS
  • 2025-06-30 Listed $88,000 CRMLS
  • 2025-05-17 Listing Removed CRMLS
  • 2025-05-17 Listing Removed CRMLS
  • 2025-02-19 Price Changed $99,000 CRMLS
  • 2024-07-08 Price Changed $134,900 CRMLS
  • 2024-05-20 Listed $149,900 CRMLS
  • 2024-05-20 Listed $149,900 CRMLS
  • 2024-05-13 Listing Removed CRMLS
  • 2023-11-03 Relisted CRMLS
  • 2023-11-03 Listing Removed CRMLS
  • 2023-11-01 Coming Soon CRMLS
  • 2023-11-01 Listing Removed CRMLS
  • 2023-10-18 Price Changed $168,000 CRMLS
  • 2023-10-10 Price Changed $188,000 CRMLS
  • 2023-09-01 Price Changed $212,000 CRMLS
  • 2023-08-11 Price Changed $229,000 CRMLS
  • 2023-08-11 Listing Removed CRMLS
  • 2023-08-11 Listed $229,000 CRMLS
  • 2023-07-12 Price Changed $259,000 CRMLS
  • 2023-06-14 Listing Removed CRMLS
  • 2023-06-14 Listed $299,000 CRMLS
  • 2023-04-06 Price Changed $299,000 CRMLS
  • 2023-03-24 Price Changed $339,000 CRMLS
  • 2023-03-04 Price Changed $349,000 CRMLS
  • 2023-02-21 Price Changed $359,000 CRMLS
  • 2023-02-03 Price Changed $379,000 CRMLS
  • 2023-01-03 Relisted CRMLS
  • 2023-01-03 Listing Removed CRMLS
  • 2023-01-03 Listed $399,000 CRMLS
  • 2020-04-08 Sold (Public Records) $62,000 Public Records
  • 2009-02-10 Listing Removed CRMLS
  • 2008-08-29 Sold (Public Records) $140,000 Public Records
  • 2008-01-13 Listing Removed CRMLS
  • 2007-08-13 Listed $349,000 CRMLS
  • 2006-10-03 Listed $495,000 CRMLS
  • 2005-09-02 Sold (Public Records) $115,000 Public Records
  • 2005-09-02 Sold (MLS) $115,000 CRMLS

Property tax history

-4.7%/yr

Latest (2025): $644 · +1.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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