6724 Capitol Cir · Sacramento, CA 95828

$147,000

3 bd · 2.0 ba · 1,440 sqft · Manufactured · 34 Days on market

Built 1974 Est $144k · 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 +6.6/15.0
• Livability +3.6/5.0
• Schools +3.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +1.3/10.0

Listing remarks

Rare 3 bedroom in a Family park! This gorgeous home has been redone from top to bottom. Capital Estates is a vibrant park with lots to do. Pool, Clubhouse, commercial size kitchen, dog park, gardens and too many fun activities to list. Welcome home!

Key facts

• Dog park
• Clubhouse
• Pool

Tags

• POOL
• CLUBHOUSE
• COMMERCIAL SIZE KITCHEN
• DOG PARK
• GARDENS

Property features AI

Finance

• Other: Land lease detail recorded (see listing for current amount)
• Financial info: Located in a park (land lease listed separately)
• HOA & community: No homeowners association; Not a senior community

Exterior

• Parking: Attached covered parking
• Utilities: Public water; Public sewer; Cable available; Individual electric meter; Individual gas meter; 220 volts in kitchen; 220 volts in laundry
• Home design: Manufactured in-park double wide; Updated/remodeled; Built in 1974
• Construction: Double wide manufactured construction
• Exterior features: Composition roof; Corner lot; Automatic and manual front & rear sprinklers; Shed(s) on property

Interior

• Kitchen: Free-standing gas range; Dishwasher; Microwave
• Bedrooms: Three bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: Two full bathrooms; Bathrooms include double sinks, tub, and shower stall(s)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Great room living area; Breakfast nook and formal dining area; Breakfast area off kitchen; Pantry closet; Stone kitchen counters; Covered patio with porch steps, railing, and carpeted areas; Dual-pane full windows; Pets allowed
• Laundry & utility: Indoor laundry hookups only

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $147k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $147k).
• Recommended offer: $143k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.8% 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.
• Sacramento City Unified (urban): math 32% / reading 43% proficiency, ranked #804 of 1,400 in CA (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.2%/yr); 215 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 6,825 units permitted in Sacramento County in 2024 (1,752 in 5+ unit buildings).
• This rent runs 35% of the median local income ($82k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 $41k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($143k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,590 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.64% ✓
• Cap rate: 14.76%
• Cash-on-cash: 30.25%
• DSCR: 2.35
• GRM: 5.1

CMA / ARV

• ARV (on-the-fly): $144,000
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6719 Representative Way #166	0.03mi	2/2.0 (-1)	1,440 (0%)	6mo	$140,000	$97	89
6713 Representative Way #169	0.02mi	2/2.0 (-1)	1,440 (0%)	8mo	$109,000	$76	87
6827 Capital Cir #203	0.14mi	2/2.0 (-1)	1,440 (0%)	4mo	$81,000	$56	85
6815 Capital Cir #209	0.13mi	2/2.0 (-1)	1,440 (0%)	18mo	$118,900	$83	74
6311 Election Ln	0.13mi	2/2.0 (-1)	1,344 (-7%)	12mo	$135,000	$100	68
6716 Capital Cir #148	0.02mi	3/2.0	1,620 (+12%)	21mo	$180,000	$111	61
6205 Presidential Ln #135	0.11mi	2/2.0 (-1)	1,254 (-13%)	16mo	$75,000	$60	55
6307 State Ln #90	0.19mi	2/2.0 (-1)	1,248 (-13%)	12mo	$170,000	$136	54
6515 Capital Cir #250	0.18mi	2/2.0 (-1)	1,600 (+11%)	19mo	$170,000	$106	52
6309 Senator #44	0.30mi	4/2.0 (+1)	1,344 (-7%)	22mo	$140,000	$104	52

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: 21.7%
• Equity multiple: 1.85×
• Total profit: $35,154
• Equity at exit: $21,918

10-year hold

• IRR: 27.8%
• Equity multiple: 3.14×
• Total profit: $88,223
• Equity at exit: $12,710

Cash invested: $41,160 (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 95828

• Home prices YoY: -0.8%
• Rents YoY: -0.2%
• Active inventory: 215
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,405 high
• Mortgage (P&I): −$771
• Tax from tax record: −$31 /mo · $367/yr
• Insurance: −$61
• HOA: −$0
• Vacancy / Maint / Mgmt: −$505
• Net cashflow: $1,038

Break-even live

Break-even rent $1,092

Max offer price $147,000

Occupancy floor 52%

Sensitivity live

Price	-10% $1,121	-5% $1,079	+0% $1,038	+5% $996	+10% $954
Rent	-10% $848	-5% $943	+0% $1,038	+5% $1,133	+10% $1,228
Rate	-1.0pp $1,112	-0.5pp $1,075	base $1,038	+0.5pp $999	+1.0pp $961

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: $36,750
• Closing costs: $4,410
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6824 Mangosteen Ln Sacramento, CA	3.0	2.5	1404	$2,245	$1.60	8d	1	0.11mi
6782 Jujube Ln Sacramento, CA	4.0	2.5	1668	$2,395	$1.44	8d	1	0.12mi
6475 Stockton Blvd Sacramento, CA	2.0	2.0	988	$2,600	$2.63	21d	1	0.43mi
6470 Stockton Blvd Sacramento, CA	1.0–2.0	1.0–2.0	856	$1,845	$2.16	44d	2	0.50mi
6519 Prentiss Dr Sacramento, CA	3.0	2.0	1029	$2,300	$2.24	13d	1	0.71mi
5400 53rd Ave Sacramento, CA	4.0	2.5	1274	$2,450	$1.92	24d	1	0.82mi
7252 Florin Mall Dr Unit 7252 Sacramento, CA	2.0	2.0	900	$1,725	$1.92	44d	1	0.83mi
7140 Chris Ave Sacramento, CA	2.0	1.0	1248	$2,300	$1.84	44d	1	0.86mi
7283 Florin Mall Dr #14 Sacramento, CA	2.0	2.0	902	$1,675	$1.86	44d	1	0.88mi
7421 Conrad Dr Sacramento, CA	4.0	2.0	1442	$2,595	$1.80	8d	1	0.91mi
5934 69th St Sacramento, CA	3.0	1.0	1091	$1,995	$1.83	5d	1	0.97mi
4911 50th Ave Unit 11 Sacramento, CA	2.0	2.0	875	$1,660	$1.90	24d	1	1.05mi
5500 38th Ave Sacramento, CA	3.0	1.0	1100	$2,100	$1.91	44d	1	1.16mi
4913 Sky Pkwy Sacramento, CA	3.0	2.0	1456	$2,200	$1.51	44d	1	1.18mi
6053 36th Ave Sacramento, CA	3.0	1.0	1166	$2,600	$2.23	44d	1	1.21mi
5834 55th St Sacramento, CA	3.0	1.0	1027	$2,100	$2.04	17d	1	1.23mi
5885 Wilkinson St Sacramento, CA	3.0	2.0	1368	$2,399	$1.75	44d	1	1.28mi
5936 Clover Manor Way Sacramento, CA	3.0	2.0	1345	$2,400	$1.78	44d	1	1.37mi
4812 D Pkwy Sacramento, CA	3.0	1.5	1505	$2,295	$1.52	24d	1	1.38mi
7351 Gigi Pl Unit 7353 Sacramento, CA	2.0	1.0	1000	$1,775	$1.77	24d	1	1.39mi
5905 Clover Manor Way Unit 5907 CLOVER Sacramento, CA	3.0	1.0	1000	$2,000	$2.00	4d	1	1.40mi
7238 East Pkwy Apt B5 Sacramento, CA	2.0	1.5	1020	$1,645	$1.61	8d	1	1.41mi
7236 East Pkwy Sacramento, CA	2.0	1.0–1.5	776	$1,645	$2.12	4d	1	1.41mi
5544 33rd Ave Unit NA Sacramento, CA	2.0	1.0	1200	$2,250	$1.88	8d	1	1.44mi
5988 Sampson Blvd Sacramento, CA	2.0	1.0	1025	$2,125	$2.07	24d	1	1.46mi
5316 Nelson St Sacramento, CA	3.0	2.0	1018	$2,245	$2.21	13d	1	1.49mi

Listing history 15 events

1. 2026-06-21
   days on market $147,000 Active 34 DOM
2. 2026-06-18
   days on market $147,000 Active 31 DOM
3. 2026-06-17
   days on market $147,000 Active 30 DOM
4. 2026-06-16
   days on market $147,000 Active 29 DOM
5. 2026-06-15
   days on market $147,000 Active 28 DOM
6. 2026-06-13
   days on market $147,000 Active 26 DOM
7. 2026-06-13
   days on market $147,000 Active 25 DOM
8. 2026-06-09
   days on market $147,000 Active 22 DOM
9. 2026-06-08
   days on market $147,000 Active 21 DOM
10. 2026-06-07
    days on market $147,000 Active 20 DOM
11. 2026-06-05
    days on market $147,000 Active 17 DOM
12. 2026-06-03
    days on market $147,000 Active 16 DOM
13. 2026-06-02
    days on market $147,000 Active 15 DOM
14. 2026-06-01
    days on market $147,000 Active 14 DOM
15. 2026-05-31
    days on market $147,000 Active 13 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: $367 · $31/mo
• Projected year-2 tax: $1,117 · $93/mo
• Expected delta: +$750/yr (+$63/mo · 204.3%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥102°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 28 unhealthy d/yr today · 33 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,865
• − Mortgage interest: −$8,234
• − Property taxes: −$367
• − Insurance: −$735
• − Repairs & maintenance: −$2,309
• − Management: −$2,309
• − Depreciation: −$4,276
• Taxable income: $10,634
• Est. tax owed @ 24.0%: −$2,552
• After-tax cash flow: $9,898/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: Sacramento City Unified
• NCES district ID: 0633840
• Math proficiency: 32% ▬ 0.00%
• Reading proficiency: 43% ▲ 3.00%
• Median HH income: $49,280
• Composite: 34.86/100
• National rank: #10000
• State rank: #804 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): 61,686
• Household income: $81,778
• Rent vs Own: 35.9% rent · 64.1% own
• Severe rent burden: 1765.0

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 0.75)
• Race & ethnicity: Asian 37% Hispanic / Latino 26% White 16% Two or more races 12% Black 10% Pacific Islander 4%
• Hispanic origin (detail): Mexican 22%
• Common ancestry: Italian 1% Russian 1% Portuguese 1%
• Foreign-born: 35% · Vietnam, Canada, China
• Languages at home: 47% English-only · Spanish 17% Other Asian/Pacific 13% Vietnamese 8%

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: ▼ -7.49%
• Current HPI: 962.47
• Rent YoY: ▼ -0.24%
• 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

Property tax history

+8.9%/yr

Latest (2025): $367 · -3.4% YoY. Source: county tax records.