1597 Alamo Dr #145 · Vacaville, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 7/10 · Major
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 6/10 · Moderate
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 10/10 · Severe
- Unhealthy air days now
- 21 days/yr
- Unhealthy air days in 30 yrs
- 22 days/yr
Risk factors via First Street. Map © Google.
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 +11.9/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +4.2/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Rent growth +3.4/5.0
- Appreciation +0.0/10.0
$169,999
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to comfortable, and easy living in this desirable 55+ mobile home community. This spacious REMODELED 1,440 sq. ft. home offers 2 bedrooms and 2 full bathrooms, providing a functional layout with plenty of room. You will love good size walking closet. Enjoy the benefits of living in a well-maintained, clean community featuring wonderful amenities including a community pool and clubhouse, perfect for social gatherings and leisure. The home also features a large back-area with an open canvas, offering endless possibilities for gardening, or room for your small pets. Whether you're looking to downsize or enjoy an active lifestyle, this inviting home offers comfort, convenience, and a great modern space. Don't miss this opportunity!
Key facts
- Clubhouse
- Community pool
- Remodeled home
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $170k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $927 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $170k).
- Recommended offer: $165k (3.0% below list) — sets the bar for market timing.
- Cap rate 12.8% vs local median 3.0% in Vacaville — 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 77/100 on livability (#88 in CA, #3,156 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, employment A+, housing A+; Watch: schools C-, cost of living F.
- Vacaville Unified (suburban): math 37% / reading 52% proficiency, ranked #522 of 1,400 in CA (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+3.5%/yr); 145 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,472 units permitted in Solano County in 2024 (131 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.
- Solano County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 3.5% rent growth), your $48k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 46 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→14/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 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 1.56% ✓
- Cap rate
- 12.83%
- Cash-on-cash
- 23.36%
- DSCR
- 2.04
- GRM
- 5.3
CMA / ARV
- ARV (median comp)
- $188,565
- List price
- $169,999
- Delta
- -9.85%
- Verdict
- FAIR
- Comps
- 14 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1597 Alamo Dr #154 | 0.00mi | 2/— | 1,440 (0%) | 11mo | $125,000 | $87 | 90 |
| 1597 Alamo Dr #141 Dr | 0.02mi | 2/2.0 | 1,344 (-7%) | 5mo | $175,000 | $130 | 84 |
| 1597 Alamo Dr #141 | 0.00mi | 2/2.0 | 1,344 (-7%) | 9mo | $73,000 | $54 | 81 |
| 1597 Alamo Dr #182 | 0.11mi | 3/2.0 (+1) | 1,440 (0%) | 11mo | $100,000 | $69 | 80 |
| 1597 Alamo Dr #175 | 0.00mi | 3/2.0 (+1) | 1,552 (+8%) | 4mo | $165,500 | $107 | 78 |
| 1597 Alamo Dr #194 | 0.11mi | 3/2.0 (+1) | 1,500 (+4%) | 12mo | $166,000 | $111 | 72 |
| 150 Calle Tepic | 0.40mi | 3/2.0 (+1) | 1,456 (+1%) | 6mo | $222,000 | $152 | 70 |
| 56 Calle Chapala | 0.49mi | 3/2.0 (+1) | 1,344 (-7%) | 4mo | $207,500 | $154 | 58 |
| 71 Avenida Hidalgo | 0.47mi | 3/2.0 (+1) | 1,344 (-7%) | 11mo | $194,000 | $144 | 53 |
| 91 Calle Jalisco | 0.45mi | 3/2.0 (+1) | 1,248 (-13%) | 1mo | $229,000 | $183 | 50 |
| 118 Calle Chapultepec | 0.44mi | 3/2.0 (+1) | 1,248 (-13%) | 3mo | $186,000 | $149 | 50 |
| 121 Calle Chapultepec | 0.43mi | 3/2.0 (+1) | 1,248 (-13%) | 10mo | $234,000 | $188 | 45 |
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 · 3.49% rent growth · sell at horizon
- IRR
- 17.0%
- Equity multiple
- 1.69×
- Total profit
- $32,830
- Equity at exit
- $25,347
- IRR
- 25.9%
- Equity multiple
- 3.32×
- Total profit
- $110,209
- 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
ZIP-level market 94587
- Rents YoY
- 3.5%
- Active inventory
- 145
- Price-to-rent
- 5.3×
Monthly cashflow live
- Estimated rent
- $2,660 high interval (Pro) →
- Mortgage (P&I)
- −$891
- Tax est. 1.5%
- −$212 /mo · $2,550/yr
- Insurance
- −$71
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$559
- Net cashflow
- $927
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
- $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.
Rent comps 20 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1797 Brookwood Dr Vacaville, CA | 3.0 | 2.0 | 1258 | $2,800 | $2.23 | 14d | 1 | 0.18mi |
| 1510 Alamo Dr Vacaville, CA | 2.0 | 1.5 | 1047 | $2,425 | $2.32 | 14d | 2 | 0.22mi |
| 2001 Eastwood Dr Vacaville, CA | 2.0 | 1.0 | 896 | $1,950 | $2.18 | 23d | 2 | 0.49mi |
| 999 Marshall Rd Vacaville, CA | 1.0–2.0 | 1.0–2.0 | 847 | $2,482 | $2.93 | 14d | 8 | 0.61mi |
| 343 Moon River Pl Vacaville, CA | 1.0–3.0 | 1.0–2.5 | 893 | $2,720 | $3.05 | 14d | 22 | 0.64mi |
| 945 Davis St Vacaville, CA | 3.0 | 2.0 | 1248 | $2,800 | $2.24 | 14d | 1 | 0.69mi |
| 600 Rialto Dr Vacaville, CA | 3.0 | 2.0 | 1600 | $2,750 | $1.72 | 44d | 1 | 0.94mi |
| 361 Gabiano Ct Vacaville, CA | 3.0 | 2.5 | 1229 | $3,000 | $2.44 | 44d | 1 | 0.98mi |
| 212 Stonyford Dr Vacaville, CA | 3.0 | 2.0 | 1296 | $3,000 | $2.31 | 44d | 1 | 1.02mi |
| 148 Peabody Rd Vacaville, CA | 1.0–3.0 | 1.0–3.0 | 1046 | $2,998 | $2.86 | 2d | 15 | 1.02mi |
| 398 Aaron Cir Vacaville, CA | 3.0 | 3.0 | 1700 | $3,295 | $1.94 | 23d | 1 | 1.12mi |
| 520 McKnight Ln Vacaville, CA | 3.0 | 2.0 | 1129 | $2,895 | $2.56 | 44d | 1 | 1.16mi |
| 642 Silvertop Way Vacaville, CA | 3.0 | 2.0 | 1692 | $2,995 | $1.77 | 23d | 1 | 1.18mi |
| 116 Elm St Vacaville, CA | 2.0 | 1.0 | 948 | $2,100 | $2.22 | 44d | 1 | 1.25mi |
| 1101 Farmington Dr Vacaville, CA | 2.0 | 1.0 | 900 | $2,213 | $2.46 | 14d | 1 | 1.27mi |
| 432 Zachary Dr Vacaville, CA | 3.0 | 2.0 | 1100 | $2,850 | $2.59 | 44d | 1 | 1.33mi |
| 1701 Marshall Rd Vacaville, CA | 1.0–2.0 | 1.0–2.0 | 836 | $2,496 | $2.99 | 14d | 10 | 1.34mi |
| 800 El Camino Ave Vacaville, CA | 2.0–3.0 | 1.0–2.0 | 899 | $1,795 | $2.00 | 12d | 2 | 1.39mi |
| 111 Woodbury Cir Unit 113 Vacaville, CA | 2.0 | 1.0 | 1000 | $2,400 | $2.40 | 44d | 1 | 1.40mi |
| 1000 Allison Dr Vacaville, CA | 1.0–2.0 | 1.0–2.0 | 990 | $3,100 | $3.13 | 14d | 15 | 1.40mi |
Listing history 8 events
-
2026-06-07statusdays on market $169,999 Pending 46 DOM
-
2026-06-05days on market $169,999 Active 44 DOM
-
2026-06-03days on market $169,999 Active 43 DOM
-
2026-06-02days on market $169,999 Active 42 DOM
-
2026-06-01days on market $169,999 Active 41 DOM
-
2026-05-31days on market $169,999 Active 40 DOM
-
2026-05-30days on market $169,999 Active 39 DOM
-
2026-04-21$169,999 Active 745-char remark
Show marketing remark (745 chars)
Welcome to comfortable, and easy living in this desirable 55+ mobile home community. This spacious REMODELED 1,440 sq. ft. home offers 2 bedrooms and 2 full bathrooms, providing a functional layout with plenty of room. You will love good size walking closet. Enjoy the benefits of living in a well-maintained, clean community featuring wonderful amenities including a community pool and clubhouse, perfect for social gatherings and leisure. The home also features a large back-area with an open canvas, offering endless possibilities for gardening, or room for your small pets. Whether you're looking to downsize or enjoy an active lifestyle, this inviting home offers comfort, convenience, and a great modern space. Don't miss this opportunity!
ⓘ 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 7/10 Severe
- Heat 6/10 Major 7 d/yr ≥101°F today · 14 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 10/10 Extreme 21 unhealthy d/yr today · 22 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
- $31,921
- − Mortgage interest
- −$9,523
- − Property taxes
- −$2,550
- − Insurance
- −$850
- − Repairs & maintenance
- −$2,554
- − Management
- −$2,554
- − Depreciation
- −$4,945
- Taxable income
- $8,946
- Est. tax owed @ 24.0%
- −$2,147
- After-tax cash flow
- $8,973/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 · 6 photos
This remodeled 1,440 sq. ft. mobile home in a desirable 55+ community offers a good condition with fresh paint and updated appliances, ready for a new owner.
Value-add opportunities
- Both Paint exterior — Fresh paint enhances curb appeal and value
- Resale Replace countertops — Modern countertops improve functionality and aesthetics
- Both Install smart home devices — Enhances comfort and energy efficiency
Renovation cost estimate screening
Value-add ROI direction
- Both Paint exterior — Fresh paint enhances curb appeal and value ↑
- Resale Replace countertops — Modern countertops improve functionality and aesthetics ↑
- Both Install smart home devices — Enhances comfort and energy efficiency ↑
ⓘ 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
- Vacaville Unified
- NCES district ID
- 0640590
- Math proficiency
- 37% ▼ -1.00%
- Reading proficiency
- 52% ▲ 2.00%
- Median HH income
- $71,383
- Composite
- 42.48/100
- National rank
- #6877
- State rank
- #522 of 1400 in CA
Livability — Vacaville
- Score
- 77/100
- State rank
- #88
- US rank
- #3156
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Vacaville, CA
- County
- Alameda County · 1,614,355 people
- City population
- 109,591
- Metro
- San Francisco-Oakland-Berkeley, CA
- Population (ZIP)
- 67,464
- Household income
- $133,715
- Rent vs Own
- Severe rent burden
- 1565.0
Population outlook (Solano County) Hauer SSP2
- Today (2025)
- 478,685 people
- By 2030
- 497,974 · +4.0%
- By 2040
- 528,515 · +10.4%
- By 2050
- 549,115 · +14.7%
- By 2075
- 587,229 · +22.7%
- By 2100
- 571,378 · +19.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.63)
- Race & ethnicity
- Asian 55% Hispanic / Latino 19% White 15% Two or more races 10% Black 5%
- Hispanic origin (detail)
- Mexican 16%
- Common ancestry
- Russian 1% Slovak 1%
- Foreign-born
- 47% · China, Canada, Vietnam
- Languages at home
- 39% English-only · Spanish 13% Other Indo-European 13% Tagalog/Filipino 12%
Political lean MEDSL · Solano
- 2024 margin
- Strong D (+23.0) · D 60.0% · R 37.1% · Other 2.9%
- 2008→2024 swing
- -5.6pp toward R · 2008: 28.6pp · 2024: 23.0pp
- All cycles
- 2024: D+23.0 2020: D+30.3 2016: D+30.5 2012: D+28.1 2008: D+28.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -1280.49%
- Current HPI
- 343.0333
- Rent YoY
- ▲ 3.49%
- Metro
- San Francisco-Oakland-Berkeley, 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 |
|
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Price history
1 event — show timeline
- 2026-04-21 Listed $169,999 BAREIS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…