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11705 Parey Ave
B- Composite 68.95
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.4/10.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Livability +1.9/5.0
  • Appreciation +0.0/10.0

$78,750

11705 Parey Ave · Proberta, CA 96080
2 bd · 2.0 ba · 1,440 sqft · Land public records · 224 Days on market
Built 1976 4,356 sqft lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This 2019 manufactured home is in beautiful condition and well maintained. It is located in a well established senior park with large beautiful sea trees and a lush garden surrounding the property. Space ran for the property is 628 a month. This single wide two bedroom one bath home comes equipped with stainless steel appliances for the kitchen and a large spacious bathroom with shower stall. There is a convenience ramp in the driveway for accessibility and a large carport to provide shade. The home looks out over a beautiful orchard and there is access to the Sacramento river from the boat ramp on the property. The clubhouse for the property is directly on the Sacramento river. Beautiful views are all around this gorgeous property. Don’t let this one of a kind home pass you by.

Key facts

  • Sacramento river
  • Unobstructed views
  • Mature landscaping

Tags

UNOBSTRUCTED VIEWSSACRAMENTO RIVERMATURE LANDSCAPING

Property features AI

Exterior

  • Parking: Attached carport; Has carport; Concrete parking; Underground parking
  • Utilities: Electricity available; Public sewer
  • Home design: Residential manufactured home; Mobile length: 53 ft; Zoned MH
  • Construction: Metal siding; Built as a manufactured home
  • Exterior features: Covered patio; Patio; Shed(s); Has a view; Paved road access

Interior

  • Kitchen: Dishwasher; Electric oven; Electric range; Microwave; Refrigerator; Range hood
  • Flooring: Carpet
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Central air conditioning; Natural gas heating
  • Interior features: Ceiling fans; Laminate countertops; Double-pane windows; One fireplace (no special features listed)
  • Laundry & utility: Washer and dryer (common area laundry)

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 2-bed/2.0-bath land listed at $79k.

Deal economics

  • At list price, monthly cash flow is $482 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $79k).
  • Recommended offer: $69k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 37/100 on livability (#1,425 in CA) — a limited-amenity area; tenant pool skews transient or value-seeking. Strengths: crime A; Watch: schools D-, amenities F, commute F.
  • Lassen View Union Elementary (rural): math 47% / reading 56% proficiency, ranked #142 of 517 in CA (top 28%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents flat; 262 active listings in the ZIP; 186 units permitted in Tehama County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $544 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Tehama 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 + 1.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 224 days — a 12% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
  • 25 sale attempts since 12y ago; this cycle's ask has dropped $6k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $33k; list at $79k implies a 139% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $125/mo.
  • Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $69,300 (12.0% below list)

Questions for the listing agent

  1. It's been on market 224 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 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  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. 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.
  8. 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.
  9. 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
1.85%
Cap rate
15.55%
Cash-on-cash
33.05%
DSCR
2.47
GRM
4.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.98% rent growth · sell at horizon

5-year hold
IRR
17.5%
Equity multiple
1.69×
Total profit
$15,136
Equity at exit
$11,742
10-year hold
IRR
24.3%
Equity multiple
2.89×
Total profit
$41,674
Equity at exit
$6,809

Cash invested: $22,050 (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 96080

Rents YoY
1.0%
Active inventory
262
Price-to-rent
4.5×

Monthly cashflow live

Estimated rent
$1,458 medium interval (Pro) →
Mortgage (P&I)
$413
Tax est. 1.5%
$98 /mo · $1,181/yr
Insurance
$33
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$0
Vacancy / Maint / Mgmt
$306
Net cashflow
$482

Break-even live

Break-even rent $847
Max offer price $78,750
Occupancy floor 62%

Sensitivity live

Price -10% $536 -5% $509 +0% $482 +5% $455 +10% $428
Rent -10% $367 -5% $424 +0% $482 +5% $540 +10% $597
Rate -1.0pp $522 -0.5pp $502 base $482 +0.5pp $462 +1.0pp $441

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
$19,688
Closing costs
$2,362
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. 2026-06-19
    days on market $78,750 Active 224 DOM
  2. 2026-06-18
    days on market $78,750 Active 223 DOM
  3. 2026-06-17
    days on market $78,750 Active 222 DOM
  4. 2026-06-16
    days on market $78,750 Active 221 DOM
  5. 2026-06-15
    days on market $78,750 Active 220 DOM
  6. 2026-06-14
    days on market $78,750 Active 218 DOM
  7. 2026-06-12
    days on market $78,750 Active 217 DOM
  8. 2026-06-09
    days on market $78,750 Active 214 DOM
  9. 2026-06-08
    days on market $78,750 Active 213 DOM
  10. 2026-06-07
    days on market $78,750 Active 212 DOM
  11. 2026-06-05
    days on market $78,750 Active 209 DOM
  12. 2026-06-03
    days on market $78,750 Active 208 DOM
  13. 2026-06-02
    days on market $78,750 Active 207 DOM
  14. 2026-06-01
    days on market $78,750 Active 206 DOM
  15. 2026-05-31
    days on market $78,750 Active 205 DOM
  16. 2026-05-30
    days on market $78,750 Active 204 DOM
  17. 2026-05-12
    listed $85,000 Active 808-char remark
    Show marketing remark (808 chars)

    This 2019 manufactured home is in beautiful condition and well maintained. It is located in a well established senior park with large beautiful sea trees and a lush garden surrounding the property. Space ran for the property is 628 a month. This single wide two bedroom one bath home comes equipped with stainless steel appliances for the kitchen and a large spacious bathroom with shower stall. There is a convenience ramp in the driveway for accessibility and a large carport to provide shade. The home looks out over a beautiful orchard and there is access to the Sacramento river from the boat ramp on the property. The clubhouse for the property is directly on the Sacramento river. Beautiful views are all around this gorgeous property. Don’t let this one of a kind home pass you by.

  18. 2026-03-27
    price $78,750
  19. 2025-11-06
    listed $87,500 Active
  20. 2024-02-15
    soldstatus $33,000 Closed 668-char remark
    Show marketing remark (668 chars)

    Welcome to River View Mobile Home Park, an exclusive 55+ community nestled on the picturesque Sacramento River, offering a serene and idyllic lifestyle. Embrace the charm of this delightful 2-bedroom, 2-bathroom home spanning approximately 1300 sq ft. Key Features Scenic Views: Enjoy vistas of the neighboring orchard and the tranquil Sacramento River. Convenience and Accessibility: This home goes the extra mile with an electric lift in the carport, ensuring ease of entry and making daily life more accessible for all residents. Community Amenities: River View Mobile Home Park takes community living to the next level with a clubhouse, exercise room, and laundry.

  21. 2023-12-30
    status Pending 668-char remark
    Show marketing remark (668 chars)

    Welcome to River View Mobile Home Park, an exclusive 55+ community nestled on the picturesque Sacramento River, offering a serene and idyllic lifestyle. Embrace the charm of this delightful 2-bedroom, 2-bathroom home spanning approximately 1300 sq ft. Key Features Scenic Views: Enjoy vistas of the neighboring orchard and the tranquil Sacramento River. Convenience and Accessibility: This home goes the extra mile with an electric lift in the carport, ensuring ease of entry and making daily life more accessible for all residents. Community Amenities: River View Mobile Home Park takes community living to the next level with a clubhouse, exercise room, and laundry.

  22. 2023-12-18
    price $37,500 668-char remark
    Show marketing remark (668 chars)

    Welcome to River View Mobile Home Park, an exclusive 55+ community nestled on the picturesque Sacramento River, offering a serene and idyllic lifestyle. Embrace the charm of this delightful 2-bedroom, 2-bathroom home spanning approximately 1300 sq ft. Key Features Scenic Views: Enjoy vistas of the neighboring orchard and the tranquil Sacramento River. Convenience and Accessibility: This home goes the extra mile with an electric lift in the carport, ensuring ease of entry and making daily life more accessible for all residents. Community Amenities: River View Mobile Home Park takes community living to the next level with a clubhouse, exercise room, and laundry.

  23. 2023-11-17
    listed $40,000 Active 668-char remark
    Show marketing remark (668 chars)

    Welcome to River View Mobile Home Park, an exclusive 55+ community nestled on the picturesque Sacramento River, offering a serene and idyllic lifestyle. Embrace the charm of this delightful 2-bedroom, 2-bathroom home spanning approximately 1300 sq ft. Key Features Scenic Views: Enjoy vistas of the neighboring orchard and the tranquil Sacramento River. Convenience and Accessibility: This home goes the extra mile with an electric lift in the carport, ensuring ease of entry and making daily life more accessible for all residents. Community Amenities: River View Mobile Home Park takes community living to the next level with a clubhouse, exercise room, and laundry.

  24. 2023-10-12
    listed $22,000 Active
  25. 2023-09-15
    soldstatus $57,000 Closed
  26. 2023-09-03
    status Active
  27. 2023-09-03
    status Active
  28. 2023-08-19
    historical
  29. 2023-08-17
    historical
  30. 2023-07-24
    price $57,000
  31. 2023-07-14
    price $27,500
  32. 2023-06-26
    listed $60,000 Active
  33. 2023-05-16
    price $32,500
  34. 2023-05-05
    price $39,000
  35. 2023-03-29
    listed $37,500 Active
  36. 2023-02-22
    listed $42,000 Active
  37. 2022-11-09
    soldstatus $20,000 Closed
  38. 2022-10-14
    price $20,000
  39. 2022-09-02
    listed $25,000 Active
  40. 2022-05-09
    listed $35,000
  41. 2021-10-19
    soldstatus $40,000
  42. 2021-10-18
    soldstatus $40,000
  43. 2021-09-10
    listed $36,500
  44. 2021-09-10
    listed $36,500
  45. 2021-09-01
    soldstatus $24,000
  46. 2021-08-17
    soldstatus $24,000
  47. 2021-08-17
    soldstatus $24,000
  48. 2021-06-30
    soldstatus $28,500
  49. 2021-05-27
    listed $26,500
  50. 2021-05-02
    listed $27,000

ⓘ 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 7/10 Severe FEMA zone A · 75% chance over 30 yrs
  • 🔥 Wildfire 8/10 Severe
  • 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 32 unhealthy d/yr today · 36 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
$17,491
− Mortgage interest
−$4,411
− Property taxes
−$1,181
− Insurance
−$1,896
− Repairs & maintenance
−$1,399
− Management
−$1,399
− Depreciation
−$2,291
Taxable income
$4,913
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,179
After-tax cash flow
$4,606/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
Lassen View Union Elementary
NCES district ID
0621090
Math proficiency
47% ▲ 4.00%
Reading proficiency
56% ▲ 4.00%
Median HH income
$45,781
Composite
43.59/100
National rank
#2974
State rank
#142 of 517 in CA

Livability — Proberta

Score
37/100
State rank
#1425
US rank
#27601

Category grades

Amenities F Commute F Cost of living F Crime A Employment F Housing F Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Tehama County · 31,554 people
City population
95
Metro
Red Bluff, CA
Population (ZIP)
31,554
Household income
$66,076
Rent vs Own
36.3% rent · 63.7% own
Severe rent burden
981.0

Population outlook (Tehama County) Hauer SSP2

Today (2025)
61,058 people
By 2030
59,493 · -2.6%
By 2040
56,076 · -8.2%
By 2050
52,372 · -14.2%
By 2075
43,895 · -28.1%
By 2100
34,186 · -44.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (71%)
Race & ethnicity
White 71% Hispanic / Latino 19% Two or more races 13% Native American 3% Black 2% Asian 1%
Hispanic origin (detail)
Mexican 17%
Common ancestry
Italian 2% Slovak 2% Lithuanian 2%
Foreign-born
6% · Canada, Vietnam
Languages at home
89% English-only · Spanish 9%

Political lean MEDSL · Tehama

2024 margin
Solid R (+41.8) · D 27.9% · R 69.7% · Other 2.3%
2008→2024 swing
-17.7pp toward R · 2008: -24.1pp · 2024: -41.8pp
All cycles
2024: R+41.8 2020: R+35.6 2016: R+36.8 2012: R+27.4 2008: R+24.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -139.80%
Current HPI
246.877
Rent YoY
▲ 0.98%
Metro
Red Bluff, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+374.9% since first listed
58 events — show timeline
  • 2026-05-12 Listed $85,000 FSBO.com
  • 2026-03-27 Price Changed $78,750 TCAOR
  • 2025-11-06 Listed $87,500 TCAOR
  • 2024-02-15 Sold (MLS) $33,000 TCAOR
  • 2023-12-30 Pending TCAOR
  • 2023-12-18 Price Changed $37,500 TCAOR
  • 2023-11-17 Listed $40,000 TCAOR
  • 2023-10-12 Listed $22,000 TCAOR
  • 2023-09-15 Sold (MLS) $57,000 TCAOR
  • 2023-09-03 Relisted TCAOR
  • 2023-09-03 Relisted TCAOR
  • 2023-08-19 Delisted TCAOR
  • 2023-08-17 Delisted TCAOR
  • 2023-07-24 Price Changed $57,000 TCAOR
  • 2023-07-14 Price Changed $27,500 TCAOR
  • 2023-06-26 Listed $60,000 TCAOR
  • 2023-05-16 Price Changed $32,500 TCAOR
  • 2023-05-05 Price Changed $39,000 TCAOR
  • 2023-03-29 Listed $37,500 TCAOR
  • 2023-02-22 Listed $42,000 TCAOR
  • 2022-11-09 Sold (MLS) $20,000 TCAOR
  • 2022-10-14 Price Changed $20,000 TCAOR
  • 2022-09-02 Listed $25,000 TCAOR
  • 2022-05-09 Listed $35,000 TCAOR
  • 2021-10-19 Sold (MLS) $40,000 SAOR
  • 2021-10-18 Sold (MLS) $40,000 TCAOR
  • 2021-09-10 Listed $36,500 TCAOR
  • 2021-09-10 Listed $36,500 SAOR
  • 2021-09-01 Sold (MLS) $24,000 TCAOR
  • 2021-08-17 Sold (MLS) $24,000 TCAOR
  • 2021-08-17 Sold (MLS) $24,000 SAOR
  • 2021-06-30 Sold (MLS) $28,500 TCAOR
  • 2021-05-27 Listed $26,500 TCAOR
  • 2021-05-02 Listed $27,000 SAOR
  • 2021-04-28 Listed $27,000 TCAOR
  • 2021-04-07 Listed $33,900 TCAOR
  • 2021-01-13 Sold (MLS) $81,000 TCAOR
  • 2020-10-14 Listed $82,000 TCAOR
  • 2020-04-04 Listed $29,000 TCAOR
  • 2020-03-10 Listed $25,000 TCAOR
  • 2020-01-03 Sold (MLS) $16,500 TCAOR
  • 2019-09-25 Listed $17,500 TCAOR
  • 2019-03-20 Listed $30,000 TCAOR
  • 2018-06-11 Listed $14,900 TCAOR
  • 2016-06-20 Listed $24,500 TCAOR
  • 2014-10-30 Listed $110,000 TCAOR
  • 2011-12-09 Sold (Public Records) $1,325,000 Public Records
  • 2009-08-24 Sold (MLS) $70,000 CRMLS
  • 2008-12-15 Sold (MLS) $30,000 CRMLS
  • 2007-11-20 Sold (MLS) $45,000 CRMLS
  • 2007-09-27 Sold (MLS) $114,000 CRMLS
  • 2007-03-13 Sold (MLS) $38,900 CRMLS
  • 2007-03-12 Sold (MLS) $25,000 CRMLS
  • 2005-10-14 Sold (MLS) $32,000 CRMLS
  • 2005-09-28 Sold (MLS) $12,000 CRMLS
  • 2005-09-02 Sold (MLS) $34,500 CRMLS
  • 2005-02-09 Sold (MLS) $19,500 CRMLS
  • 2004-07-30 Sold (MLS) $17,900 CRMLS

Property tax history

+50.3%/yr

Latest (2025): $16,916 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…