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21638 Fairfield St
B- Composite 67.66
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 +2.7/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$79,900

21638 Fairfield St · Johnson Park, CA 96013
2 bd · 1.0 ba · 780 sqft · Other · 100 Days on market
Built 1971 0.31 ac lot

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

Listing remarks MLS

Your Private Mountain Retreat in Shasta County Enjoy your own private oasis in the beautiful Intermountain Area of Shasta County. This mountain mobile home features a fully fenced yard, convenient carport, and multiple storage options for all your outdoor gear. Inside, the home is filled with natural light thanks to upgraded windows. The kitchen includes a gas range, and the home is equipped with central heating for year-round comfort. Located just minutes from the stunning Burney Falls, you'll have easy access to hiking, fishing, and the many recreation opportunities the Intermountain region is known for. Whether you're looking for a peaceful full-time residence, vacation getaway, or investment opportunity, this property offers mountain living with convenience and charm.

Key facts

  • Upgraded windows
  • Fully fenced yard
  • Gas range

Tags

PRIVATE MOUNTAIN RETREATFULLY FENCED YARDCONVENIENT CARPORTMULTIPLE STORAGE OPTIONSUPGRADED WINDOWSGAS RANGE

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/1.0-bath other listed at $80k.

Deal economics

  • At list price, monthly cash flow is $542 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).
  • Recommended offer: $73k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Fall River Joint Unified (rural): math 28% / reading 35% proficiency, ranked #335 of 517 in CA (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 67 active listings in the ZIP; 246 units permitted in Shasta County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k 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 $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 100 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $50k; list at $80k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $72,709 (9.0% below list)

Questions for the listing agent

  1. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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
1.64%
Cap rate
14.44%
Cash-on-cash
29.09%
DSCR
2.29
GRM
5.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
23.5%
Equity multiple
1.96×
Total profit
$21,574
Equity at exit
$11,913
10-year hold
IRR
31.4%
Equity multiple
3.82×
Total profit
$63,189
Equity at exit
$6,908

Cash invested: $22,372 (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 96013

Home prices YoY
-32.2%
Active inventory
67
Price-to-rent
5.1×

Monthly cashflow live

Estimated rent
$1,309 medium interval (Pro) →
Mortgage (P&I)
$419
Tax from tax record
$39 /mo · $472/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$275
Net cashflow
$542

Break-even live

Break-even rent $622
Max offer price $79,900
Occupancy floor 54%

Sensitivity live

Price -10% $588 -5% $565 +0% $542 +5% $520 +10% $497
Rent -10% $439 -5% $491 +0% $542 +5% $594 +10% $646
Rate -1.0pp $583 -0.5pp $563 base $542 +0.5pp $522 +1.0pp $501

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
$19,975
Closing costs
$2,397
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.

Listing history 22 events

  1. 2026-06-21
    days on market $79,900 Active 100 DOM
  2. 2026-06-19
    days on market $79,900 Active 98 DOM
  3. 2026-06-18
    days on market $79,900 Active 97 DOM
  4. 2026-06-17
    days on market $79,900 Active 96 DOM
  5. 2026-06-16
    days on market $79,900 Active 95 DOM
  6. 2026-06-15
    days on market $79,900 Active 94 DOM
  7. 2026-06-14
    days on market $79,900 Active 92 DOM
  8. 2026-06-12
    days on market $79,900 Active 91 DOM
  9. 2026-06-09
    days on market $79,900 Active 88 DOM
  10. 2026-06-08
    days on market $79,900 Active 87 DOM
  11. 2026-06-07
    days on market $79,900 Active 86 DOM
  12. 2026-06-07
    days on market $79,900 Active 85 DOM
  13. 2026-06-04
    days on market $79,900 Active 82 DOM
  14. 2026-06-02
    days on market $79,900 Active 81 DOM
  15. 2026-06-01
    days on market $79,900 Active 80 DOM
  16. 2026-05-31
    days on market $79,900 Active 79 DOM
  17. 2026-05-31
    days on market $79,900 Active 78 DOM
  18. 2026-03-13
    listed $79,900 Active 785-char remark
    Show marketing remark (785 chars)

    Your Private Mountain Retreat in Shasta County Enjoy your own private oasis in the beautiful Intermountain Area of Shasta County. This mountain mobile home features a fully fenced yard, convenient carport, and multiple storage options for all your outdoor gear. Inside, the home is filled with natural light thanks to upgraded windows. The kitchen includes a gas range, and the home is equipped with central heating for year-round comfort. Located just minutes from the stunning Burney Falls, you'll have easy access to hiking, fishing, and the many recreation opportunities the Intermountain region is known for. Whether you're looking for a peaceful full-time residence, vacation getaway, or investment opportunity, this property offers mountain living with convenience and charm.

  19. 2023-03-10
    soldstatus $50,000 Closed 132-char remark
    Show marketing remark (132 chars)

    MOBILE NEEDS WORK ON A NICE DOUBLE LOT, BRING YOUR IMAGINATION AND GO TO WORK. PROPERTY IS FENCED AND A FEW OUTBUILDINGS FOR STORAGE

  20. 2023-03-09
    soldstatus $49,000
  21. 2023-01-31
    status Pending 132-char remark
    Show marketing remark (132 chars)

    MOBILE NEEDS WORK ON A NICE DOUBLE LOT, BRING YOUR IMAGINATION AND GO TO WORK. PROPERTY IS FENCED AND A FEW OUTBUILDINGS FOR STORAGE

  22. 2023-01-24
    listed $59,900 Active 132-char remark
    Show marketing remark (132 chars)

    MOBILE NEEDS WORK ON A NICE DOUBLE LOT, BRING YOUR IMAGINATION AND GO TO WORK. PROPERTY IS FENCED AND A FEW OUTBUILDINGS FOR STORAGE

ⓘ 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
$472 · $39/mo
Projected year-2 tax
$607 · $51/mo
Expected delta
+$135/yr (+$11/mo · 28.6%)

ⓘ 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 7/10 Severe
  • 🌡 Heat 4/10 Moderate 6 d/yr ≥95°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 34 unhealthy d/yr today · 37 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
$15,705
− Mortgage interest
−$4,476
− Property taxes
−$472
− Insurance
−$400
− Repairs & maintenance
−$1,256
− Management
−$1,256
− Depreciation
−$2,324
Taxable income
$5,521
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,325
After-tax cash flow
$5,182/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
Fall River Joint Unified
NCES district ID
0613470
Math proficiency
28% ▼ -9.00%
Reading proficiency
35% ▼ -3.00%
Median HH income
$40,991
Composite
26.57/100
National rank
#7186
State rank
#335 of 517 in CA

Livability — Johnson Park

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Johnson Park, CA
Population (ZIP)
3,929

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 (84%)
Race & ethnicity
White 84% Two or more races 8% Hispanic / Latino 6% Native American 3% Black 2%
Hispanic origin (detail)
Mexican 3% Puerto Rican 1%
Common ancestry
Slovak 6% Serbian 3% Russian 3%
Foreign-born
2% · Canada
Languages at home
98% English-only · Other Indo-European 1% Spanish 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
▼ -78.44%
Current HPI
165.4515
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

+33.4% since first listed
5 events — show timeline
  • 2026-03-13 Listed $79,900 SAOR
  • 2023-03-10 Sold (MLS) $50,000 SAOR
  • 2023-03-09 Sold (Public Records) $49,000 Public Records
  • 2023-01-31 Pending SAOR
  • 2023-01-24 Listed $59,900 SAOR

Property tax history

+13.0%/yr

Latest (2025): $472 · +71.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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