4744 Greenholme Dr #4 · Foothill Farms, CA 95842

$172,500

2 bd · 1.0 ba · 924 sqft · Condo public records · 68 Days on market

Built 1977 $187/sqft · 14% below area Est $201k · 14% under $378/mo HOA · 22% of rent

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Why this score? — see what drove the D 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).

• ARV discount +13.9/15.0
• Cash flow +7.9/30.0
• 1% rule +5.2/10.0
• Rent growth +4.1/5.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• DSCR +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Updated and move-in ready condo with extensive improvements throughout. Why rent when you can own? You will love the light and bright layout, brand new luxury vinyl plank flooring and new baseboards, and freshly painted interior. The updated kitchen features oak cabinets, with granite counters, brand new dishwasher, and a brand new range hood. Two large bedrooms, one with a huge walk-in closet. Updated bathroom has granite counters, dual sinks with new faucets, new toilet, new shower head, and a tub/shower combo. Updated recessed lighting throughout. Additional improvements include dual pane windows and window screens, brand new front door and front screen door. Central heat & air, at

Key facts

• Oak cabinets
• Updated kitchen
• New dishwasher

Tags

• MOVE IN READY
• EXTENSIVE IMPROVEMENTS
• UPDATED KITCHEN
• OAK CABINETS
• GRANITE COUNTERS
• NEW DISHWASHER

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $172k.

Deal economics

• At list price, monthly cash flow is $-187 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $139k (19.2% below list).
• Meets the 1% rule at list price ($2k rent vs $172k).
• Recommended offer: $139k (19.2% below list) — sets the bar for cash-flow.
• Cap rate 5.0% vs local median 3.9% in Foothill Farms — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 64/100 on livability (#433 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+; Watch: employment D+, crime F, amenities F.
• Twin Rivers Unified (suburban): math 29% / reading 37% proficiency, ranked #970 of 1,400 in CA (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Woodridge Elementary (740 students, 95% FRL); Foothill Ranch Middle (453 students, 94% FRL); Foothill High (1,251 students, 91% FRL) — zoned schools average 93% FRL vs 76% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+6.5%/yr); 132 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 6,825 units permitted in Sacramento County in 2024 (1,752 in 5+ unit buildings).
• This rent runs 31% of the median local income ($68k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Sacramento County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 68 days — a 6% lower offer ($162k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $150k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 22% of rent.
• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $139,409 (19.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
9. 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?
10. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
11. 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.
12. 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.
13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 4.99%
• Cash-on-cash: -4.65%
• DSCR: 0.79
• GRM: 8.2

CMA / ARV

• ARV (median comp): $201,147
• List price: $172,500
• Delta: -14.24%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 6.52% rent growth · sell at horizon

5-year hold

• IRR: -18.8%
• Equity multiple: 0.31×
• Total profit: $-33,183
• Equity at exit: $25,720

10-year hold

• IRR: -3.8%
• Equity multiple: 0.69×
• Total profit: $-14,789
• Equity at exit: $14,915

Cash invested: $48,300 (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 95842

• Home prices YoY: -30.3%
• Rents YoY: 6.5%
• Active inventory: 132
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,756 high
• Mortgage (P&I): −$905
• Tax from tax record: −$220 /mo · $2,640/yr
• Insurance: −$72
• HOA: −$378
• Vacancy / Maint / Mgmt: −$369
• Net cashflow: $-187

Break-even live

Break-even rent $1,993

Max offer price $139,409

Occupancy floor —

Sensitivity live

Price	-10% $-90	-5% $-138	+0% $-187	+5% $-236	+10% $-285
Rent	-10% $-326	-5% $-257	+0% $-187	+5% $-118	+10% $-49
Rate	-1.0pp $-100	-0.5pp $-143	base $-187	+0.5pp $-232	+1.0pp $-277

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: $43,125
• Closing costs: $5,175
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4758 Greenholme Dr Sacramento, CA	2.0	1.0	924	$1,595	$1.73	45d	1	0.03mi
5525 Missie Way Unit 8346003001/85 Sacramento, CA	2.0	1.0	1000	$1,985	$1.99	3d	1	0.16mi
5600 Walerga Rd #4 Sacramento, CA	2.0	1.0	924	$1,700	$1.84	3d	1	0.18mi
4821 Mary Kate Dr Unit 4823 Sacramento, CA	2.0	2.0	1050	$1,675	$1.60	3d	1	0.21mi
4815 Mary Kate Dr Sacramento, CA	2.0	2.0	1100	$1,850	$1.68	45d	1	0.22mi
4549 Greenholme Dr #2 Sacramento, CA	2.0	1.0	840	$2,000	$2.38	4d	1	0.25mi
5443 College Oak Dr Sacramento, CA	1.0–2.0	1.0–2.0	821	$1,850	$2.25	45d	3	0.28mi
5415 College Oak Dr Sacramento, CA	1.0–2.0	1.0–2.0	850	$1,725	$2.03	3d	3	0.36mi
5674 Hillsdale Blvd Sacramento, CA	2.0	1.5	933	$1,600	$1.71	3d	1	0.36mi
Venuto Way North Highlands, CA	2.0	1.0	906	$2,095	$2.31	12d	2	0.40mi
5614 Hillsdale Blvd Unit A Sacramento, CA	2.0	1.5	933	$1,450	$1.55	23d	1	0.44mi
5341 Walnut Ave Sacramento, CA	1.0–2.0	1.0	750	$1,795	$2.39	3d	6	0.47mi
5948 Walerga Rd #3 Sacramento, CA	2.0	1.0	840	$1,395	$1.66	3d	1	0.53mi
5500 Foothill Garden Ct Sacramento, CA	1.0	1.0	750	$1,472	$1.96	3d	2	0.53mi
5954 Walerga Rd #1 Sacramento, CA	2.0	1.0	800	$1,345	$1.68	3d	1	0.54mi
5954 Walerga Rd #3 Sacramento, CA	2.0	1.0	840	$1,395	$1.66	12d	1	0.54mi
4358 Greenholme Dr #9 Sacramento, CA	1.0	1.0	844	$1,695	$2.01	5d	1	0.55mi
5966 Walerga Rd #4 Sacramento, CA	2.0	1.0	924	$1,550	$1.68	3d	1	0.56mi
4440 Oakhollow Dr Sacramento, CA	1.0–2.0	1.0	842	$1,590	$1.89	3d	8	0.59mi
5800 Hamilton St Sacramento, CA	1.0–2.0	1.0–2.0	823	$1,770	$2.15	3d	4	0.62mi
5322 Hemlock St Sacramento, CA	1.0–2.0	1.0	800	$1,875	$2.34	3d	2	0.72mi
4215 Palm Ave Sacramento, CA	1.0–2.0	1.0–2.0	775	$1,660	$2.14	3d	3	0.72mi
5048 Date Ave Sacramento, CA	2.0	1.0	1000	$1,588	$1.59	45d	1	0.77mi
5516 Palmdale Way Sacramento, CA	3.0	2.0	1115	$2,250	$2.02	22d	1	0.78mi
5011 Bremner Way #3 Sacramento, CA	2.0	1.0	850	$1,700	$2.00	25d	1	0.80mi
5011 Bremner Way #2 Sacramento, CA	2.0	1.0	850	$1,700	$2.00	3d	1	0.80mi
5226 Hemlock St #35 Sacramento, CA	1.0	1.0	682	$1,650	$2.42	25d	1	0.81mi
5008 Bremner Way #3 Sacramento, CA	2.0	1.0	850	$1,650	$1.94	3d	1	0.81mi
5425 Garfield Ave Sacramento, CA	1.0–2.0	1.0–2.0	787	$1,650	$2.10	22d	5	0.82mi
5012 Sunshine Ln Sacramento, CA	2.0	1.0	970	$1,775	$1.83	12d	1	0.82mi
5501 Keoncrest Cir Unit 1 Sacramento, CA	2.0	1.0	750	$1,300	$1.73	3d	1	0.85mi
4728 Amber Ln Sacramento, CA	2.0	1.0	730	$1,900	$2.60	21d	1	0.86mi
5587 Keoncrest Cir Unit 2 Sacramento, CA	2.0	1.5	900	$2,000	$2.22	3d	1	0.88mi
5001 Date Ave Sacramento, CA	3.0	2.0	1106	$2,400	$2.17	3d	1	0.88mi
5840 Garfield Ave Sacramento, CA	2.0	1.0	850	$1,545	$1.82	3d	2	0.89mi
4605 Cyclamen Way Sacramento, CA	2.0	1.0	870	$1,695	$1.95	3d	1	0.92mi
4901 Little Oak Ln Sacramento, CA	1.0–3.0	1.0–2.0	915	$1,540	$1.68	3d	7	0.95mi
5922 Petaluma Ct Sacramento, CA	2.0	2.0	1048	$2,075	$1.98	3d	1	0.98mi
5520 Harrison St North Highlands, CA	2.0	1.0	735	$1,478	$2.01	9d	1	0.98mi
5119 Hillsdale Blvd Sacramento, CA	1.0	1.0	592	$1,250	$2.11	3d	1	1.02mi

HOA detail condo

• Monthly dues: $378 · $4,536/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 20 events

1. 2026-06-21
   days on market $172,500 Active 68 DOM
2. 2026-06-18
   days on market $172,500 Active 65 DOM
3. 2026-06-17
   days on market $172,500 Active 64 DOM
4. 2026-06-16
   days on market $172,500 Active 63 DOM
5. 2026-06-15
   days on market $172,500 Active 62 DOM
6. 2026-06-13
   days on market $172,500 Active 60 DOM
7. 2026-06-13
   days on market $172,500 Active 59 DOM
8. 2026-06-09
   days on market $172,500 Active 56 DOM
9. 2026-06-08
   days on market $172,500 Active 55 DOM
10. 2026-06-07
    days on market $172,500 Active 54 DOM
11. 2026-06-03
    days on market $172,500 Active 50 DOM
12. 2026-06-02
    days on market $172,500 Active 49 DOM
13. 2026-06-01
    days on market $172,500 Active 48 DOM
14. 2026-05-31
    days on market $172,500 Active 47 DOM
15. 2020-03-05
    soldstatus $150,000
16. 2014-10-31
    soldstatus $64,000
17. 2004-06-30
    soldstatus $145,000
18. 2004-04-05
    soldstatus $100,000
19. 2004-02-19
    soldstatus $97,000
20. 1980-01-31
    soldstatus $15,500

ⓘ 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: $2,640 · $220/mo
• Projected year-2 tax: $2,640 · $220/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥102°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 34 unhealthy d/yr today · 38 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,071
• − Mortgage interest: −$9,663
• − Property taxes: −$2,640
• − Insurance: −$862
• − Repairs & maintenance: −$1,686
• − Management: −$1,686
• − HOA: −$4,536
• − Depreciation: −$5,018
• Taxable loss: −$5,020
• Est. tax savings @ 24.0%: +$1,205
• After-tax cash flow: $-1,043/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: Twin Rivers Unified
• NCES district ID: 0601332
• Math proficiency: 29% ▲ 2.00%
• Reading proficiency: 37% ▲ 2.00%
• Median HH income: $42,481
• Composite: 30.67/100
• National rank: #11437
• State rank: #970 of 1400 in CA

Livability — Foothill Farms

• Score: 64/100
• State rank: #433
• US rank: #14728

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Foothill Farms, CA
• County: Sacramento County · 1,539,646 people
• City population: 35,031
• Metro: Sacramento-Roseville-Folsom, CA
• Population (ZIP): 34,034
• Household income: $68,276
• Rent vs Own: 49.5% rent · 50.5% own
• Severe rent burden: 1906.0

Population outlook (Sacramento County) Hauer SSP2

• Today (2025): 1,660,763 people
• By 2030: 1,732,990 · +4.3%
• By 2040: 1,855,755 · +11.7%
• By 2050: 1,941,335 · +16.9%
• By 2075: 2,046,162 · +23.2%
• By 2100: 1,961,444 · +18.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 45% Hispanic / Latino 23% Two or more races 14% Asian 12% Black 12% Native American 1%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Scotch-Irish 5% Subsaharan African 5% Lithuanian 2%
• Foreign-born: 26% · Canada, Vietnam, South Korea
• Languages at home: 61% English-only · Spanish 14% Russian/Polish/Slavic 11% Other Indo-European 5%

Political lean MEDSL · Sacramento

• 2024 margin: D (+19.7) · D 58.1% · R 38.4% · Other 3.5%
• 2008→2024 swing: +0.7pp no change · 2008: 19.0pp · 2024: 19.7pp
• All cycles: 2024: D+19.7 2020: D+25.3 2016: D+23.7 2012: D+16.3 2008: D+19.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -166.74%
• Current HPI: 384.1812
• Rent YoY: ▲ 6.52%
• Metro: Sacramento-Roseville-Folsom, 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

Price history

+867.7% since first listed

6 events — show timeline

• 2020-03-05 Sold (Public Records) $150,000 Public Records
• 2014-10-31 Sold (Public Records) $64,000 Public Records
• 2004-06-30 Sold (Public Records) $145,000 Public Records
• 2004-04-05 Sold (Public Records) $100,000 Public Records
• 2004-02-19 Sold (Public Records) $97,000 Public Records
• 1980-01-31 Sold (Public Records) $15,500 Public Records

Property tax history

+3.1%/yr

Latest (2025): $2,640 · +42.4% YoY. Source: county tax records.