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6468 Washington St #204
A- Composite 82.22
Why this score? — see what drove the A- 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 +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +5.2/10.0
  • Schools +4.0/10.0
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$215,000

6468 Washington St #204 · Yountville, CA 94599
2 bd · 2.0 ba · 1,248 sqft · Manufactured · 372 Days on market
Built 1990 $172/sqft · 18% below area Est $262k · 18% under ↓ 37% since listing

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

Listing remarks MLS

Unbeatable location, situated in the heart of Napa Valley. This beautifully updated mobile home is nestled in one of the most sought-after 55+ communities just steps from world-renowned restaurants, wineries, and everything the valley has to offer. The community itself is a hidden gem, featuring top-tier amenities like a swimming pool, bocce courts, a dog park, and a clubhouse with a library perfect for both relaxation and recreation. The home offers a spacious and functional layout. The kitchen flows seamlessly into the living room, featuring bar seating and a skylight, creating a bright and inviting space. Just off the living area, you'll also find a private sitting area by the fireplace. The spacious primary bedroom includes a walk-in closet, a private slider to the covered deck, and a walk-in shower with a skylight in the ensuite bath. With central heating and air, dual-pane windows, and ample storage throughout, this home is both comfortable and functional. Mature landscaping offers a peaceful atmosphere, and the home is just steps away from visitor parking, community amenities, and world-renowned restaurants. Don't miss the chance to make this home your own!

Key facts

  • Dog park
  • Bocce courts
  • Top-tier amenities

Tags

TOP-TIER AMENITIESSWIMMING POOLBOCCE COURTSDOG PARKCLUBHOUSE WITH LIBRARYPRIVATE SITTING AREA

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 manufactured listed at $215k.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $215k).
  • Recommended offer: $189k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.8% vs local median 0.6% in Yountville — 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 (#551 in CA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A-; Watch: health & safety D, amenities F, commute F.
  • Napa Valley Unified (urban): math 35% / reading 48% proficiency, ranked #599 of 1,400 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 21 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 427 units permitted in Napa County in 2024 (189 in 5+ unit buildings).

Forward outlook

  • In year one you build about $2k of equity ($1k loan paydown + $656 appreciation (0.3% local appreciation)).
  • Napa County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (0.3% appreciation + 3.0% rent growth), your $60k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 372 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 2y ago; this cycle's ask has dropped $70k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate flood risk; moderate wildfire risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $189,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 372 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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
1.66%
Cap rate
13.78%
Cash-on-cash
26.73%
DSCR
2.19
GRM
5.0

CMA / ARV

ARV (median comp)
$261,573
List price
$215,000
Delta
-17.81%
Verdict
UNDERPRICED
Comps
15 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6468 Washington St #13 0.00mi 3/2.0 (+1) 1,248 (0%) 8mo $350,000 $280 88
6468 Washington St #3 0.00mi 2/2.0 1,344 (+8%) 9mo $235,000 $175 80
6468 Washington St #178 0.00mi 3/2.0 (+1) 1,344 (+8%) 3mo $295,000 $219 79
180 Sherry Cir 0.14mi 2/2.0 1,152 (-8%) 2mo $25,000 $22 79
6468 Washington St #122 0.00mi 2/2.0 1,344 (+8%) 11mo $220,000 $164 78
6468 Washington St, Spc 63 0.00mi 3/2.0 (+1) 1,344 (+8%) 11mo $265,500 $198 73
154 Gamay Cir 0.12mi 3/2.0 (+1) 1,326 (+6%) 12mo $77,000 $58 69
6468 Washington St #112 0.00mi 3/2.0 (+1) 1,344 (+8%) 20mo $260,000 $193 66
6468 - 2080 Washington St #222 0.00mi 3/2.0 (+1) 1,344 (+8%) 20mo $380,000 $283 66
151 Gamay Cir 0.13mi 2/2.0 1,423 (+14%) 12mo $435,000 $306 60
103 Claret Cir 0.22mi 2/2.0 1,140 (-9%) 19mo $155,000 $136 59
179 Sherry Cir 0.13mi 2/2.0 1,080 (-14%) 15mo $145,000 $134 59

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

0.31% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
27.6%
Equity multiple
2.37×
Total profit
$82,282
Equity at exit
$65,730
10-year hold
IRR
31.1%
Equity multiple
4.55×
Total profit
$213,610
Equity at exit
$81,696

Cash invested: $60,200 (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 94599

Home prices YoY
0.1%
Active inventory
21
Price-to-rent
5.0×

Monthly cashflow live

Estimated rent
$3,578 medium interval (Pro) →
Mortgage (P&I)
$1,127
Tax est. 1.5%
$269 /mo · $3,225/yr
Insurance
$90
HOA
$0
Vacancy / Maint / Mgmt
$751
Net cashflow
$1,341

Break-even live

Break-even rent $1,881
Max offer price $215,000
Occupancy floor 58%

Sensitivity live

Price -10% $1,490 -5% $1,415 +0% $1,341 +5% $1,267 +10% $1,192
Rent -10% $1,058 -5% $1,200 +0% $1,341 +5% $1,482 +10% $1,624
Rate -1.0pp $1,449 -0.5pp $1,396 base $1,341 +0.5pp $1,285 +1.0pp $1,229

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
$53,750
Closing costs
$6,450
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6610 Oak Leaf Ct Yountville, CA 2.0 1.0 957 $3,895 $4.07 45d 1 0.21mi
6600 Yount St #19 Yountville, CA 2.0 1.5 1082 $4,200 $3.88 15d 1 0.56mi
Yount St Yountville, CA 3.0 2.0 1260 $2,900 $2.30 22d 1 0.64mi
6801 Yount St Yountville, CA 3.0 2.0 1260 $2,750 $2.18 15d 1 0.78mi

Listing history 29 events

  1. 2026-06-21
    days on market $215,000 Active 372 DOM
  2. 2026-06-18
    days on market $215,000 Active 369 DOM
  3. 2026-06-17
    days on market $215,000 Active 368 DOM
  4. 2026-06-16
    pricedays on market $215,000 Active 367 DOM
  5. 2026-06-15
    days on market $230,000 Active 366 DOM
  6. 2026-06-14
    days on market $230,000 Active 364 DOM
  7. 2026-06-13
    days on market $230,000 Active 363 DOM
  8. 2026-06-10
    days on market $230,000 Active 361 DOM
  9. 2026-06-09
    days on market $230,000 Active 360 DOM
  10. 2026-06-08
    days on market $230,000 Active 359 DOM
  11. 2026-06-07
    days on market $230,000 Active 358 DOM
  12. 2026-06-05
    days on market $230,000 Active 355 DOM
  13. 2026-06-03
    days on market $230,000 Active 354 DOM
  14. 2026-06-02
    days on market $230,000 Active 353 DOM
  15. 2026-06-01
    days on market $230,000 Active 352 DOM
  16. 2026-05-31
    days on market $230,000 Active 351 DOM
  17. 2026-05-30
    days on market $230,000 Active 350 DOM
  18. 2026-01-13
    status Active 1186-char remark
    Show marketing remark (1186 chars)

    Unbeatable location, situated in the heart of Napa Valley. This beautifully updated mobile home is nestled in one of the most sought-after 55+ communities just steps from world-renowned restaurants, wineries, and everything the valley has to offer. The community itself is a hidden gem, featuring top-tier amenities like a swimming pool, bocce courts, a dog park, and a clubhouse with a library perfect for both relaxation and recreation. The home offers a spacious and functional layout. The kitchen flows seamlessly into the living room, featuring bar seating and a skylight, creating a bright and inviting space. Just off the living area, you'll also find a private sitting area by the fireplace. The spacious primary bedroom includes a walk-in closet, a private slider to the covered deck, and a walk-in shower with a skylight in the ensuite bath. With central heating and air, dual-pane windows, and ample storage throughout, this home is both comfortable and functional. Mature landscaping offers a peaceful atmosphere, and the home is just steps away from visitor parking, community amenities, and world-renowned restaurants. Don't miss the chance to make this home your own!

  19. 2025-11-15
    price $230,000 1186-char remark
    Show marketing remark (1186 chars)

    Unbeatable location, situated in the heart of Napa Valley. This beautifully updated mobile home is nestled in one of the most sought-after 55+ communities just steps from world-renowned restaurants, wineries, and everything the valley has to offer. The community itself is a hidden gem, featuring top-tier amenities like a swimming pool, bocce courts, a dog park, and a clubhouse with a library perfect for both relaxation and recreation. The home offers a spacious and functional layout. The kitchen flows seamlessly into the living room, featuring bar seating and a skylight, creating a bright and inviting space. Just off the living area, you'll also find a private sitting area by the fireplace. The spacious primary bedroom includes a walk-in closet, a private slider to the covered deck, and a walk-in shower with a skylight in the ensuite bath. With central heating and air, dual-pane windows, and ample storage throughout, this home is both comfortable and functional. Mature landscaping offers a peaceful atmosphere, and the home is just steps away from visitor parking, community amenities, and world-renowned restaurants. Don't miss the chance to make this home your own!

  20. 2025-08-05
    price $249,000 1186-char remark
    Show marketing remark (1186 chars)

    Unbeatable location, situated in the heart of Napa Valley. This beautifully updated mobile home is nestled in one of the most sought-after 55+ communities just steps from world-renowned restaurants, wineries, and everything the valley has to offer. The community itself is a hidden gem, featuring top-tier amenities like a swimming pool, bocce courts, a dog park, and a clubhouse with a library perfect for both relaxation and recreation. The home offers a spacious and functional layout. The kitchen flows seamlessly into the living room, featuring bar seating and a skylight, creating a bright and inviting space. Just off the living area, you'll also find a private sitting area by the fireplace. The spacious primary bedroom includes a walk-in closet, a private slider to the covered deck, and a walk-in shower with a skylight in the ensuite bath. With central heating and air, dual-pane windows, and ample storage throughout, this home is both comfortable and functional. Mature landscaping offers a peaceful atmosphere, and the home is just steps away from visitor parking, community amenities, and world-renowned restaurants. Don't miss the chance to make this home your own!

  21. 2025-06-13
    listed $285,000 Active 1186-char remark
    Show marketing remark (1186 chars)

    Unbeatable location, situated in the heart of Napa Valley. This beautifully updated mobile home is nestled in one of the most sought-after 55+ communities just steps from world-renowned restaurants, wineries, and everything the valley has to offer. The community itself is a hidden gem, featuring top-tier amenities like a swimming pool, bocce courts, a dog park, and a clubhouse with a library perfect for both relaxation and recreation. The home offers a spacious and functional layout. The kitchen flows seamlessly into the living room, featuring bar seating and a skylight, creating a bright and inviting space. Just off the living area, you'll also find a private sitting area by the fireplace. The spacious primary bedroom includes a walk-in closet, a private slider to the covered deck, and a walk-in shower with a skylight in the ensuite bath. With central heating and air, dual-pane windows, and ample storage throughout, this home is both comfortable and functional. Mature landscaping offers a peaceful atmosphere, and the home is just steps away from visitor parking, community amenities, and world-renowned restaurants. Don't miss the chance to make this home your own!

  22. 2025-02-25
    price $285,000
  23. 2025-02-02
    status Active
  24. 2024-09-16
    status Active
  25. 2024-08-09
    price $299,000
  26. 2024-07-01
    price $325,000
  27. 2024-05-22
    price $335,000
  28. 2024-04-03
    price $345,000
  29. 2024-03-15
    listed $365,000 Active

ⓘ 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 5/10 Major FEMA zone X · 24% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 22 unhealthy d/yr today · 22 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$42,940
− Mortgage interest
−$12,043
− Property taxes
−$3,225
− Insurance
−$1,075
− Repairs & maintenance
−$3,435
− Management
−$3,435
− Depreciation
−$6,255
Taxable income
$13,472
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,233
After-tax cash flow
$12,860/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
Napa Valley Unified
NCES district ID
0626640
Math proficiency
35% ▲ 1.00%
Reading proficiency
48% ▲ 2.00%
Median HH income
$72,007
Composite
40.18/100
National rank
#7827
State rank
#599 of 1400 in CA

Livability — Yountville

Score
61/100
State rank
#551
US rank
#18316

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Yountville, CA
Population (ZIP)
3,388

Population outlook (Napa County) Hauer SSP2

Today (2025)
153,987 people
By 2030
159,490 · +3.6%
By 2040
168,796 · +9.6%
By 2050
176,213 · +14.4%
By 2075
190,113 · +23.5%
By 2100
190,528 · +23.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (71%)
Race & ethnicity
White 71% Hispanic / Latino 17% Two or more races 7% Black 4% Asian 3%
Hispanic origin (detail)
Mexican 12% Puerto Rican 3%
Common ancestry
Italian 5% Lithuanian 4% Scotch-Irish 2%
Foreign-born
13% · Canada, South Korea
Languages at home
83% English-only · Spanish 10% French/Haitian/Cajun 2% Tagalog/Filipino 2%

Political lean MEDSL · Napa

2024 margin
Solid D (+34.9) · D 65.9% · R 31.1% · Other 3.0%
2008→2024 swing
+2.4pp toward D · 2008: 32.5pp · 2024: 34.9pp
All cycles
2024: D+34.9 2020: D+40.4 2016: D+35.2 2012: D+25.7 2008: D+32.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 0.31%
Current HPI
248.1955
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

-37.0% since first listed
12 events — show timeline
  • 2026-01-13 Relisted BAREIS
  • 2025-11-15 Price Changed $230,000 BAREIS
  • 2025-08-05 Price Changed $249,000 BAREIS
  • 2025-06-13 Listed $285,000 BAREIS
  • 2025-02-25 Price Changed $285,000 BAREIS
  • 2025-02-02 Relisted BAREIS
  • 2024-09-16 Relisted BAREIS
  • 2024-08-09 Price Changed $299,000 BAREIS
  • 2024-07-01 Price Changed $325,000 BAREIS
  • 2024-05-22 Price Changed $335,000 BAREIS
  • 2024-04-03 Price Changed $345,000 BAREIS
  • 2024-03-15 Listed $365,000 BAREIS

Property tax history

-0.1%/yr

Latest (2025): $320 · -4.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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