5000 Auburn Blvd #18 · North Highlands, CA 95841

$35,000

1 bd · 1.0 ba · 420 sqft · Manufactured · 62 Days on market

Built 2009 Fair condition $83/sqft · at area comps Est $35k · at est.

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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 +3.1/10.0
• Livability +3.1/5.0
• Rent growth +2.2/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in Sacramento, this 1-bedroom, 1-bathroom home features central forced air heating and a cooling system categorized as "Other." The bathroom includes both a shower and tub combination. While the property does not have an informal dining room or a family room, it offers functional living space suited to a variety of needs. There is no garage available with the home. The property is part of the Sacramento City Unified elementary school district. This residence provides an opportunity to live within the city limits of Sacramento with access to local district schools.

Key facts

• Cooling system
• Built 2009
• Listed 62 days

Tags

• CENTRAL FORCED AIR HEATING
• COOLING SYSTEM
• SHOWER AND TUB COMBINATION
• FUNCTIONAL LIVING SPACE

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $35k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $814 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $33k (6.0% below list) — sets the bar for market timing.
• Cap rate 34.2% vs local median 4.1% in North Highlands — 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 61/100 on livability (#523 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+; Watch: employment C-, schools D, crime 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.
• Market conditions: Rents soft (-1.1%/yr); 83 active listings in the ZIP; 6,825 units permitted in Sacramento County in 2024 (1,752 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $242 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($33k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask is 25% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $32,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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. 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?
6. 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?
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: 3.82% ✓
• Cap rate: 34.20%
• Cash-on-cash: 99.66%
• DSCR: 5.43
• GRM: 2.2

CMA / ARV

• ARV (median comp): $35,000
• List price: $35,000
• Delta: —
• Verdict: FAIR
• Comps: 3 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5000 Auburn Blvd #17	0.00mi	1/1.0	408 (-3%)	3mo	$35,000	$86	93
5000 Auburn Blvd #41	0.03mi	1/1.0	432 (+3%)	7mo	$20,000	$46	88
5000 Auburn Blvd #12	0.00mi	1/1.0	432 (+3%)	11mo	$54,000	$125	86

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 97.3%
• Equity multiple: 5.31×
• Total profit: $42,268
• Equity at exit: $5,219

10-year hold

• IRR: 99.4%
• Equity multiple: 10.03×
• Total profit: $88,499
• Equity at exit: $3,026

Cash invested: $9,800 (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 95841

• Rents YoY: -1.1%
• Active inventory: 83
• Price-to-rent: 2.2×

Monthly cashflow live

• Estimated rent: $1,336 medium
• Mortgage (P&I): −$184
• Tax est. 1.5%: −$44 /mo · $525/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $814

Break-even live

Break-even rent $306

Max offer price $35,000

Occupancy floor 34%

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $35,000 Active 62 DOM
2. 2026-06-17
   days on market $35,000 Active 61 DOM
3. 2026-06-16
   days on market $35,000 Active 60 DOM
4. 2026-06-15
   days on market $35,000 Active 59 DOM
5. 2026-06-13
   days on market $35,000 Active 57 DOM
6. 2026-06-13
   days on market $35,000 Active 56 DOM
7. 2026-06-09
   days on market $35,000 Active 53 DOM
8. 2026-06-08
   days on market $35,000 Active 52 DOM
9. 2026-06-07
   days on market $35,000 Active 51 DOM
10. 2026-06-03
    days on market $35,000 Active 47 DOM
11. 2026-06-02
    days on market $35,000 Active 46 DOM
12. 2026-06-01
    days on market $35,000 Active 45 DOM
13. 2026-05-31
    days on market $35,000 Active 44 DOM
14. 2026-04-28
    price $35,000 588-char remark

    Show marketing remark (588 chars)

    Located in Sacramento, this 1-bedroom, 1-bathroom home features central forced air heating and a cooling system categorized as "Other." The bathroom includes both a shower and tub combination. While the property does not have an informal dining room or a family room, it offers functional living space suited to a variety of needs. There is no garage available with the home. The property is part of the Sacramento City Unified elementary school district. This residence provides an opportunity to live within the city limits of Sacramento with access to local district schools.

15. 2026-04-28
    price $35,000 588-char remark

    Show marketing remark (588 chars)

    Located in Sacramento, this 1-bedroom, 1-bathroom home features central forced air heating and a cooling system categorized as "Other." The bathroom includes both a shower and tub combination. While the property does not have an informal dining room or a family room, it offers functional living space suited to a variety of needs. There is no garage available with the home. The property is part of the Sacramento City Unified elementary school district. This residence provides an opportunity to live within the city limits of Sacramento with access to local district schools.

16. 2026-04-17
    listed $28,000 Active 588-char remark

    Show marketing remark (588 chars)

    Located in Sacramento, this 1-bedroom, 1-bathroom home features central forced air heating and a cooling system categorized as "Other." The bathroom includes both a shower and tub combination. While the property does not have an informal dining room or a family room, it offers functional living space suited to a variety of needs. There is no garage available with the home. The property is part of the Sacramento City Unified elementary school district. This residence provides an opportunity to live within the city limits of Sacramento with access to local district schools.

17. 2026-04-17
    listed $28,000 Active 588-char remark

    Show marketing remark (588 chars)

    Located in Sacramento, this 1-bedroom, 1-bathroom home features central forced air heating and a cooling system categorized as "Other." The bathroom includes both a shower and tub combination. While the property does not have an informal dining room or a family room, it offers functional living space suited to a variety of needs. There is no garage available with the home. The property is part of the Sacramento City Unified elementary school district. This residence provides an opportunity to live within the city limits of Sacramento with access to local district schools.

ⓘ 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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 34 unhealthy d/yr today · 36 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,037
• − Mortgage interest: −$1,961
• − Property taxes: −$525
• − Insurance: −$175
• − Repairs & maintenance: −$1,283
• − Management: −$1,283
• − Depreciation: −$1,018
• Taxable income: $9,792
• Est. tax owed @ 24.0%: −$2,350
• After-tax cash flow: $7,416/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 · 7 photos

Fair 45/100 Cosmetic rehab

The home is in fair condition with cosmetic updates needed, such as painting and flooring replacement, to increase its resale and rental value.

Repairs flagged

• Minor Paint — Paint appears slightly faded in some areas.
• Minor Flooring — Light scratches and scuffs visible on the wooden flooring.

Value-add opportunities

• Both Paint the interior and exterior — Fresh paint enhances curb appeal and interior aesthetics.
• Both Replace flooring — New flooring would improve the home's appearance and add value.
• Both Upgrade kitchen appliances — Modern appliances would make the kitchen more functional and appealing to potential buyers/renters.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Paint · Paint appears slightly faded in some areas.	Minor	$500–3,000
Flooring · Light scratches and scuffs visible on the wooden flooring.	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Both Paint the interior and exterior — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Replace flooring — New flooring would improve the home's appearance and add value. ↑
• Both Upgrade kitchen appliances — Modern appliances would make the kitchen more functional and appealing to potential buyers/renters. ↑

ⓘ 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: 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 — North Highlands

• Score: 61/100
• State rank: #523
• US rank: #17613

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Highlands, CA
• County: Sacramento County · 1,539,646 people
• City population: 56,900
• Metro: Sacramento-Roseville-Folsom, CA
• Population (ZIP): 20,500
• Household income: $61,054
• Rent vs Own: 65.3% rent · 34.7% own
• Severe rent burden: 1353.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 61% Hispanic / Latino 17% Two or more races 13% Black 9% Asian 6%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Subsaharan African 5% Scotch-Irish 4% Lithuanian 2%
• Foreign-born: 24% · Canada, China, Vietnam
• Languages at home: 70% English-only · Russian/Polish/Slavic 11% Spanish 7% 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: ▼ -227.82%
• Current HPI: 369.8991
• Rent YoY: ▼ -1.08%
• 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

+25.0% since first listed

4 events — show timeline

• 2026-04-28 Price Changed $35,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-04-28 Price Changed $35,000 MLSListings
• 2026-04-17 Listed $28,000 MLSListings
• 2026-04-17 Listed $28,000 bridgeMLS, Bay East AOR, or Contra Costa AOR