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2911 Roan Ct
B- Composite 68.26
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
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.4/10.0
  • Appreciation +0.0/10.0

$155,000

2911 Roan Ct · Anderson, CA 96007
4 bd · 2.0 ba · 1,404 sqft · SingleFamily public records · 7 Days on market
Built 1954 9,147 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Opportunity is knocking! This 3-bedroom, 2-bath home sits on a generously sized lot and offers plenty of potential for the buyer ready to roll up their sleeves and make it their own. Featuring a garage conversion that adds valuable bonus living space, the flexible floor plan can adapt to a variety of needs including a second living area, game room, home office, or hobby space. Outside, you'll find a large covered patio perfect for entertaining, relaxing, or enjoying the shade of the mature trees that give the property character and charm. This is a contractors special, property sold as is. Bring your vision and unlock the potential this property has to offer.

Key facts

  • Garage conversion
  • Flexible floor plan
  • Large covered patio

Tags

GARAGE CONVERSIONBONUS LIVING SPACEFLEXIBLE FLOOR PLANLARGE COVERED PATIOMATURE TREES

Property features AI

Exterior

  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One story
  • Construction: Wood siding; Slab foundation
  • Exterior features: Composition roof; City lot, level; Concrete road access; Property has a view

Interior

  • Bathrooms: 2 full bathrooms
  • Interior features: No fireplace; Has cooling (evaporative); Has heating (wall furnace)

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 4-bed/2.0-bath single-family listed at $155k.

Deal economics

  • At list price, monthly cash flow is $748 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $155k).
  • Cap rate 12.6% vs local median 3.5% in Anderson — 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 68/100 on livability (#277 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, health & safety A+, housing A-; Watch: employment D, crime F, amenities F.
  • Cascade Union Elementary (suburban): math 25% / reading 32% proficiency, ranked #377 of 517 in CA (top 73%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 224 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 246 units permitted in Shasta County in 2024 (0 in 5+ unit buildings).
  • At $2,358/mo this rent would consume 46% of the median local household income ($61k/yr) (locally 758% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.
  • Shasta County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $43k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo; built in 1954 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk; severe 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 $155,000

Questions for the listing agent

  1. Built in 1954 — 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. 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?
  5. 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.
  6. 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.
  7. 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
1.52%
Cap rate
12.60%
Cash-on-cash
22.52%
DSCR
2.00
GRM
5.5

CMA / ARV

ARV (on-the-fly)
$352,404
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3100 Driftstone Dr 0.21mi 3/2.0 (-1) 1,382 (-2%) 3mo $315,000 $228 80
2771 North St 0.38mi 3/2.0 (-1) 1,373 (-2%) 0mo $365,000 $266 73
2740 Sandstone Dr 0.19mi 3/2.0 (-1) 1,300 (-7%) 2mo $335,000 $258 72
2863 Sandstone Dr 0.13mi 3/2.0 (-1) 1,538 (+10%) 2mo $303,975 $198 71
3267 E Bailey Dr 0.43mi 3/2.0 (-1) 1,433 (+2%) 2mo $322,000 $225 70
3130 Driftstone Dr 0.23mi 3/2.0 (-1) 1,290 (-8%) 4mo $305,000 $236 67
2345 Shenandoah Dr 0.53mi 3/3.0 (-1) 1,495 (+6%) 6mo $395,000 $264 50
3414 Bardick Rd 0.67mi 3/2.0 (-1) 1,257 (-10%) 0mo $290,000 $231 46
3274 Marmac Rd 0.54mi 3/2.0 (-1) 1,204 (-14%) 1mo $317,000 $263 45
3701 Vinewood Dr 0.74mi 3/2.0 (-1) 1,344 (-4%) 10mo $337,000 $251 45
3381 Southwood Dr 0.67mi 3/2.0 (-1) 1,262 (-10%) 7mo $369,900 $293 41
3371 Bardick Rd 0.67mi 3/2.0 (-1) 1,564 (+11%) 7mo $390,000 $249 39

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
13.1%
Equity multiple
1.52×
Total profit
$22,583
Equity at exit
$23,111
10-year hold
IRR
21.9%
Equity multiple
2.87×
Total profit
$81,258
Equity at exit
$13,402

Cash invested: $43,400 (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 96007

Active inventory
224
Price-to-rent
5.5×

Monthly cashflow live

Estimated rent
$2,358 medium interval (Pro) →
Mortgage (P&I)
$813
Tax from tax record
$171 /mo · $2,053/yr
Insurance
$65
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$495
Net cashflow
$748

Break-even live

Break-even rent $1,411
Max offer price $155,000
Occupancy floor 63%

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
$38,750
Closing costs
$4,650
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3190 Driftstone Dr Anderson, CA 3.0 2.0 1750 $2,200 $1.26 21d 1 0.27mi
2601 Sapphire Ln Unit 3 Anderson, CA 3.0 2.5 1538 $2,150 $1.40 13d 1 0.67mi

Listing history 8 events

  1. 2026-06-18
    status $155,000 Pending 7 DOM
  2. 2026-06-18
    days on market $155,000 Active 7 DOM
  3. 2026-06-17
    days on market $155,000 Active 6 DOM
  4. 2026-06-16
    days on market $155,000 Active 5 DOM
  5. 2026-06-15
    days on market $155,000 Active 4 DOM
  6. 2026-06-14
    days on market $155,000 Active 2 DOM
  7. 2026-06-13
    remarks 667-char remark
  8. 2026-06-13
    listed $155,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

Current annual tax
$2,053 · $171/mo
Projected year-2 tax
$2,053 · $171/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 7/10 Severe FEMA zone X (shaded) · 75% chance over 30 yrs
  • 🔥 Wildfire 8/10 Severe
  • 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 35 unhealthy d/yr today · 42 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
$28,297
− Mortgage interest
−$8,682
− Property taxes
−$2,053
− Insurance
−$1,572
− Repairs & maintenance
−$2,264
− Management
−$2,264
− Depreciation
−$4,509
Taxable income
$6,953
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,669
After-tax cash flow
$7,307/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
Cascade Union Elementary
NCES district ID
0607680
Math proficiency
25% ▲ 1.00%
Reading proficiency
32% ▲ 1.00%
Median HH income
$35,602
Composite
23.56/100
National rank
#7856
State rank
#377 of 517 in CA

Livability — Anderson

Score
68/100
State rank
#277
US rank
#9315

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Anderson, CA
County
Shasta County · 147,641 people
City population
24,768
Metro
Redding, CA
Population (ZIP)
24,768
Household income
$61,357
Rent vs Own
29.6% rent · 70.4% own
Severe rent burden
758.0

Population outlook (Shasta County) Hauer SSP2

Today (2025)
179,231 people
By 2030
176,953 · -1.3%
By 2040
169,982 · -5.2%
By 2050
162,547 · -9.3%
By 2075
145,649 · -18.7%
By 2100
123,025 · -31.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (74%)
Race & ethnicity
White 74% Hispanic / Latino 15% Two or more races 12% Asian 3% Native American 2%
Hispanic origin (detail)
Mexican 11%
Common ancestry
Italian 6% Portuguese 2% Lithuanian 2%
Foreign-born
6% · Canada, China, Vietnam
Languages at home
90% English-only · Spanish 8% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Shasta

2024 margin
Solid R (+36.5) · D 30.5% · R 67.0% · Other 2.5%
2008→2024 swing
-10.7pp toward R · 2008: -25.8pp · 2024: -36.5pp
All cycles
2024: R+36.5 2020: R+33.1 2016: R+37.4 2012: R+30.3 2008: R+25.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -191.70%
Current HPI
179.6613
Rent YoY
Metro
Redding, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-06-11 Listed $155,000 SAOR

Property tax history

+2.5%/yr

Latest (2025): $2,053 · +12.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…