975 Amber Loop · Grass Valley, CA 95945

$85,000

3 bd · 2.0 ba · 1,320 sqft · Manufactured · 49 Days on market

Built 1971 5,362 sqft lot Est $100k · 15% under

---

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 +14.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.8/10.0
• Livability +3.7/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Charming Mobile home in sought-After 55+ Community - Move-In Ready! Don't miss this 3 bedroom, 2 bath, double wide mobile located in one of Nevada County's most desirable adult parks for residents aged 55 and older. This peaceful, tree-filled community offers the best of both worlds-quiet country living with modern conveniences just minutes away. Enjoy access to a recently remodeled clubhouse, a sparkling community pool, and a relaxing spa. The park's central location puts you close to shopping, dining, and the local hospital-perfect for convenience and peace of mind. This home is neat, clean, and ready for you to settle in. Pets are welcome, and buyers must qualify with the onsite park m

Key facts

• Relaxing spa
• Community pool
• Central location

Tags

• RECENTLY REMODELED CLUBHOUSE
• COMMUNITY POOL
• RELAXING SPA
• TREE-FILLED COMMUNITY
• CENTRAL LOCATION

Property features AI

Finance

• Financial info: Land lease: No (listing includes a land lease amount entry of $1,250 noted)
• HOA & community: No homeowners association; Located in a senior community

Exterior

• Parking: Off-street covered parking
• Utilities: Cable available; Internet available; Individual electric meter; Individual gas meter; Natural gas connected; Public water; Public sewer
• Home design: Manufactured home in park; Double-wide; Built in 1971; Located at 975 Amber Loop, Grass Valley, CA; Senior community
• Construction: Olympia make (manufactured home)
• Exterior features: Metal roof; Landscaped yard with backyard; Vinyl skirting

Interior

• Kitchen: Free-standing gas range; Free-standing gas oven; Free-standing refrigerator; Microwave; Hood over range
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Simulated wood; Tile
• Bathrooms: 2 full bathrooms; Tubs with shower over
• Heating & cooling: Central heating; Wood stove; Evaporative cooler
• Interior features: Accessible approach with ramp; Dual-pane partial windows; Deck attached to living room; Dining and living room combined; Synthetic kitchen counters; Cats and dogs allowed (with number limit)
• Laundry & utility: Washer and dryer included; Laundry closet inside the home; 220-volt outlet in laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $85k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $85k).
• Recommended offer: $82k (3.0% below list) — sets the bar for market timing.
• Cap rate 23.5% vs local median 2.0% in Grass Valley — 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 74/100 on livability (#134 in CA, #4,710 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: employment D+, crime F, cost of living F.
• Nevada Joint Union High (town): math 25% / reading 61% proficiency, ranked #201 of 517 in CA (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 197 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 215 units permitted in Nevada County in 2024 (0 in 5+ unit buildings).
• This rent runs 42% of the median local income ($66k/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 $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Nevada County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 0.4% rent growth), your $24k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $82,450 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 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 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 2.69% ✓
• Cap rate: 23.51%
• Cash-on-cash: 61.49%
• DSCR: 3.74
• GRM: 3.1

CMA / ARV

• ARV (on-the-fly): $100,320
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1567 Mulberry Dr	0.20mi	2/2.0 (-1)	1,248 (-6%)	12mo	$95,000	$76	67
970 Laurel Ln	0.10mi	2/2.0 (-1)	1,152 (-13%)	3mo	$38,000	$33	66
1519 Redwood Dr	0.17mi	2/2.0 (-1)	1,200 (-9%)	11mo	$105,000	$88	63
1486 Mulberry Dr	0.15mi	3/2.0	1,440 (+9%)	20mo	$120,000	$83	61
1566 Mulberry Dr	0.21mi	2/2.0 (-1)	1,440 (+9%)	11mo	$72,500	$50	60
1529 Redwood Dr #165	0.19mi	2/1.5 (-1)	1,152 (-13%)	6mo	$55,000	$48	58
1536 Mulberry Dr	0.18mi	2/2.0 (-1)	1,152 (-13%)	10mo	$135,000	$117	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 · 0.38% rent growth · sell at horizon

5-year hold

• IRR: 57.4%
• Equity multiple: 3.44×
• Total profit: $58,058
• Equity at exit: $12,674

10-year hold

• IRR: 61.3%
• Equity multiple: 6.37×
• Total profit: $127,834
• Equity at exit: $7,349

Cash invested: $23,800 (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 95945

• Rents YoY: 0.4%
• Active inventory: 197
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $2,287 medium
• Mortgage (P&I): −$446
• Tax est. 1.5%: −$106 /mo · $1,275/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$480
• Net cashflow: $1,220

Break-even live

Break-even rent $744

Max offer price $85,000

Occupancy floor 42%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
126 W Berryhill Dr Grass Valley, CA	1.0–3.0	1.0–2.0	797	$2,325	$2.92	2d	7	1.06mi

Listing history 17 events

1. 2026-06-19
   days on market $85,000 Active 49 DOM
2. 2026-06-18
   days on market $85,000 Active 48 DOM
3. 2026-06-17
   days on market $85,000 Active 47 DOM
4. 2026-06-16
   days on market $85,000 Active 46 DOM
5. 2026-06-15
   days on market $85,000 Active 45 DOM
6. 2026-06-14
   days on market $85,000 Active 43 DOM
7. 2026-06-13
   days on market $85,000 Active 42 DOM
8. 2026-06-10
   days on market $85,000 Active 40 DOM
9. 2026-06-09
   days on market $85,000 Active 39 DOM
10. 2026-06-08
    days on market $85,000 Active 38 DOM
11. 2026-06-07
    days on market $85,000 Active 37 DOM
12. 2026-06-05
    days on market $85,000 Active 34 DOM
13. 2026-06-03
    days on market $85,000 Active 33 DOM
14. 2026-06-02
    days on market $85,000 Active 32 DOM
15. 2026-06-01
    days on market $85,000 Active 31 DOM
16. 2026-05-31
    days on market $85,000 Active 30 DOM
17. 2026-05-30
    days on market $85,000 Active 29 DOM

ⓘ 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 8/10 Severe
• 🌡 Heat 4/10 Moderate 7 d/yr ≥95°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 34 unhealthy d/yr today · 40 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,447
• − Mortgage interest: −$4,761
• − Property taxes: −$1,275
• − Insurance: −$425
• − Repairs & maintenance: −$2,196
• − Management: −$2,196
• − Depreciation: −$2,473
• Taxable income: $14,122
• Est. tax owed @ 24.0%: −$3,389
• After-tax cash flow: $11,245/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: Nevada Joint Union High
• NCES district ID: 0626880
• Math proficiency: 25% ▼ -14.00%
• Reading proficiency: 61% ▼ -7.00%
• Median HH income: $57,336
• Composite: 37.53/100
• National rank: #4393
• State rank: #201 of 517 in CA

Livability — Grass Valley

• Score: 74/100
• State rank: #134
• US rank: #4710

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Grass Valley, CA
• County: Nevada County · 85,339 people
• City population: 48,022
• Metro: Truckee-Grass Valley, CA
• Population (ZIP): 27,470
• Household income: $65,989
• Rent vs Own: 42.2% rent · 57.8% own
• Severe rent burden: 1624.0

Population outlook (Nevada County) Hauer SSP2

• Today (2025): 98,490 people
• By 2030: 97,295 · -1.2%
• By 2040: 92,041 · -6.5%
• By 2050: 85,164 · -13.5%
• By 2075: 68,436 · -30.5%
• By 2100: 49,536 · -49.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 11% Two or more races 9%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Italian 4% Lithuanian 3% Portuguese 2%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 7% Arabic 1% Other Asian/Pacific 1%

Political lean MEDSL · Nevada

• 2024 margin: D (+12.2) · D 54.4% · R 42.1% · Other 3.5%
• 2008→2024 swing: +6.9pp toward D · 2008: 5.3pp · 2024: 12.2pp
• All cycles: 2024: D+12.2 2020: D+14.8 2016: D+4.5 2012: R+4.7 2008: D+5.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -191.74%
• Current HPI: 253.8946
• Rent YoY: ▲ 0.38%
• Metro: Truckee-Grass Valley, 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