3529 Mobile Way · Sacramento, CA 95834

$75,000

2 bd · 1.5 ba · 800 sqft · Manufactured · 6 Days on market

Built 1977 Est $62k · 22% over

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Why this score? — see what drove the C+ 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
• Livability +3.6/5.0
• Schools +3.1/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Don't miss the opportunity to own this 2-3 Bedroom 2 bath home in established ALL AGE Mobil Park Community. This home features dining/family combo with an open kitchen concept. Located on corner lot, this affordable home is close to shopping centers, schools and easy access to freeway. A MUST SEE!!

Key facts

• Open kitchen concept
• Corner lot
• 3 parking spots

Tags

• CORNER LOT
• OPEN KITCHEN CONCEPT
• CLOSE TO SHOPPING CENTERS
• EASY ACCESS TO FREEWAY

Property features AI

Finance

• Other: Property subtype: Double wide; Property type: Manufactured in park; Other structures: Shed(s)
• HOA & community: No homeowners association; Not a senior community; Land lease: No (listed land lease amount present)

Exterior

• Parking: Covered parking (3 spaces)
• Utilities: Propane; 220 volts in kitchen; 220 volts in laundry; Public sewer; Public water
• Home design: Manufactured in park (double wide); Original condition; Built in 1977; Corner lot
• Construction: Shingle and metal roof; Skirting: wood and metal
• Exterior features: Carport awning; Storage shed(s); Fenced yard

Interior

• Kitchen: Free standing gas range; Free standing refrigerator; Pantry cabinet; Ceramic countertops; Dining bar
• Bedrooms: 2 bedrooms (possible 3rd bedroom)
• Flooring: Vinyl flooring
• Bathrooms: 1 full bathroom; 1 partial bathroom; Tub with shower over
• Heating & cooling: Multi-unit heating; Multi-zone heating; Ceiling fans; Wall unit cooling; Multi-zone cooling; Other heating/cooling features
• Interior features: Free standing gas range; Free standing refrigerator; Pantry cabinet; Ceramic countertops; Dining bar; Porch steps; Unfurnished; Pets allowed (cats and dogs, size limits apply)
• Laundry & utility: Washer and dryer included; Laundry closet with electric hookup; Laundry located inside

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $75k.

Deal economics

• At list price, monthly cash flow is $770 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Cap rate 20.6% vs local median 3.0% in Sacramento — 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 71/100 on livability (#218 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, housing A; Watch: schools D+, crime F, cost of living 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 flat; 145 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 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 $519 of loan paydown is wiped out by about $2k 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 + 0.8% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A99 (mandatory federal flood insurance); extreme-heat days projected 6→13/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,000

Questions for the listing agent

1. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 2.39% ✓
• Cap rate: 20.62%
• Cash-on-cash: 51.17%
• DSCR: 3.28
• GRM: 3.5

CMA / ARV

• ARV (on-the-fly): $61,600
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3557 Mobile Way	0.07mi	2/1.0	784 (-2%)	9mo	$60,000	$77	83

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 · 0.82% rent growth · sell at horizon

5-year hold

• IRR: 38.3%
• Equity multiple: 2.58×
• Total profit: $33,166
• Equity at exit: $11,183

10-year hold

• IRR: 43.6%
• Equity multiple: 4.68×
• Total profit: $77,380
• Equity at exit: $6,485

Cash invested: $21,000 (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 95834

• Home prices YoY: -13.2%
• Rents YoY: 0.8%
• Active inventory: 145
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,790 high
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $770

Break-even live

Break-even rent $815

Max offer price $75,000

Occupancy floor 52%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
801 San Juan Rd Sacramento, CA	1.0–2.0	1.0–2.0	765	$1,660	$2.17	1d	3	0.56mi
3196 Kinnaird Way Sacramento, CA	2.0	1.0	830	$1,525	$1.84	21d	1	0.64mi
300 Curran Ave Sacramento, CA	2.0	1.0	710	$1,695	$2.39	43d	1	0.77mi
310 Graves Ave Sacramento, CA	2.0	1.0	800	$1,725	$2.16	1d	1	0.79mi
2801 Grove Ave Sacramento, CA	2.0	1.0	669	$1,500	$2.24	1d	1	1.13mi
3525 Cattle Dr Sacramento, CA	3.0	2.0	1025	$2,295	$2.24	23d	1	1.14mi
4337 Norwood Ave Sacramento, CA	2.0	1.0–2.0	811	$1,945	$2.40	3d	9	1.27mi
4337 Norwood Ave Sacramento, CA	2.0	2.0	835	$1,895	$2.27	23d	1	1.27mi
4337 Norwood Ave Sacramento, CA	2.0	1.0	788	$1,895	$2.40	17d	1	1.27mi
385 Bell Ave Sacramento, CA	2.0	1.0	890	$1,459	$1.64	7d	1	1.35mi
410 Bell Ave Sacramento, CA	1.0–2.0	1.0–2.0	729	$1,899	$2.60	10d	9	1.36mi
590 Las Palmas Ave Unit 7 Sacramento, CA	1.0	1.0	650	$1,075	$1.65	1d	1	1.40mi
2720 Forrest St Unit 2 Sacramento, CA	1.0	1.0	525	$1,425	$2.71	1d	1	1.40mi
600 Las Palmas Ave Unit 7 Sacramento, CA	1.0	1.0	550	$1,345	$2.45	14d	1	1.42mi

Listing history 6 events

1. 2026-06-18
   days on market $75,000 Active 6 DOM
2. 2026-06-17
   days on market $75,000 Active 5 DOM
3. 2026-06-16
   days on market $75,000 Active 4 DOM
4. 2026-06-15
   days on market $75,000 Active 3 DOM
5. 2026-06-13
   remarks 299-char remark
6. 2026-06-13
   listed $75,000 Active 1 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 A99 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 6 d/yr ≥103°F today · 13 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 27 unhealthy d/yr today · 33 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,475
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$1,877
• − Repairs & maintenance: −$1,718
• − Management: −$1,718
• − Depreciation: −$2,182
• Taxable income: $8,653
• Est. tax owed @ 24.0%: −$2,077
• After-tax cash flow: $7,166/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 — Sacramento

• Score: 71/100
• State rank: #218
• US rank: #6957

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sacramento, CA
• County: Sacramento County · 1,539,646 people
• City population: 761,410
• Metro: Sacramento-Roseville-Folsom, CA
• Population (ZIP): 36,245
• Household income: $101,260
• Rent vs Own: 47.6% rent · 52.4% own
• Severe rent burden: 1444.0

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 0.78)
• Race & ethnicity: Asian 29% Hispanic / Latino 28% White 19% Two or more races 16% Black 15% Pacific Islander 1%
• Hispanic origin (detail): Mexican 21%
• Common ancestry: Lithuanian 2% Subsaharan African 1% Russian 1%
• Foreign-born: 30% · Canada, China, Vietnam
• Languages at home: 58% English-only · Spanish 15% Other Indo-European 14% Other Asian/Pacific 3%

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: ▼ -45.12%
• Current HPI: 295.8305
• Rent YoY: ▲ 0.82%
• 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