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3000 Broadway St #62
B- Composite 65.67
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
  • DSCR +10.0/10.0
  • 1% rule +9.4/10.0
  • Schools +4.0/10.0
  • Livability +3.7/5.0
  • ARV discount +3.6/15.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$208,888

3000 Broadway St #62 · American Canyon, CA 94503
2 bd · 2.0 ba · 1,440 sqft · Manufactured · 125 Days on market
Built 1971 $145/sqft · 9% above area Est $192k · 9% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this charming home in the desirable Las Casitas Senior Mobile Home Park in American Canyon, just minutes from the Napa Valley lifestyle. This well-maintained 2-bedroom, 2-bath residence offers a bright, open layout with a spacious living room and separate dining area. Recent improvements include newer flooring, updated ceiling fans, dual-pane windows, and a refreshed kitchen with functional finishes. Enjoy the bonus of an enclosed patio plus a covered entry patio, ideal for relaxing, hobbies, or extra storage. The low-maintenance yard features fruit trees and space for gardening. Tucked away in a peaceful back location with no side neighbors, this home offers added privacy and tranquility. Conveniently close to the clubhouse, shopping, dining, and easy freeway access.

Key facts

  • 2 parking spots
  • Built 1971
  • Listed 125 days

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 $209k.

Deal economics

  • At list price, monthly cash flow is $805 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $209k).
  • Recommended offer: $184k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.6% vs local median 3.2% in American Canyon — 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 74/100 on livability (#133 in CA, #4,684 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: schools C-, amenities F, cost of living 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: 65 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 427 units permitted in Napa County in 2024 (189 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • Napa County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $58k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 125 days — a 12% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 9y ago; this cycle's ask has dropped $16k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $96k; list at $209k implies a 118% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $125/mo.
  • Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $183,821 (12.0% below list)

Questions for the listing agent

  1. It's been on market 125 days. Have you received any prior offers? Is the seller open to a 12% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.44%
Cap rate
11.64%
Cash-on-cash
19.09%
DSCR
1.85
GRM
5.8

CMA / ARV

ARV (median comp)
$192,116
List price
$208,888
Delta
8.73%
Verdict
FAIR
Comps
18 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3000 Broadway St #18 0.00mi 2/2.0 1,440 (0%) 10mo $156,000 $108 92
3000 Broadway St #52 0.00mi 2/2.0 1,440 (0%) 11mo $130,000 $90 91
244 American Canyon Rd #193 0.21mi 2/2.0 1,392 (-3%) 4mo $137,000 $98 82
3000 Broadway St #83 0.00mi 2/2.0 1,536 (+7%) 9mo $190,000 $124 81
244 American Canyon RD Spc 25 #25 0.21mi 2/2.0 1,325 (-8%) 3mo $180,000 $136 74
260 American Canyon Rd #58 0.42mi 2/2.0 1,416 (-2%) 11mo $200,000 $141 68
2555 Flosden Rd #65 0.69mi 3/2.0 (+1) 1,400 (-3%) 2mo $304,500 $218 57
33 Flosden Rd 0.58mi 2/2.0 1,344 (-7%) 9mo $166,000 $124 54
2555 Flosden Rd #117 0.69mi 2/2.0 1,536 (+7%) 4mo $319,000 $208 54
2555 Flosden Rd #8 0.69mi 3/2.0 (+1) 1,500 (+4%) 4mo $337,000 $225 52
2555 Flosden Rd #34 0.69mi 3/2.0 (+1) 1,450 (+1%) 13mo $270,000 $186 51
2525 Flosden Rd #90 0.70mi 3/2.0 (+1) 1,306 (-9%) 1mo $240,000 $184 46

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
7.7%
Equity multiple
1.30×
Total profit
$17,547
Equity at exit
$31,146
10-year hold
IRR
17.0%
Equity multiple
2.40×
Total profit
$81,800
Equity at exit
$18,061

Cash invested: $58,489 (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 94503

Home prices YoY
-21.0%
Active inventory
65
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$3,005 high interval (Pro) →
Mortgage (P&I)
$1,095
Tax est. 1.5%
$261 /mo · $3,133/yr
Insurance
$87
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$0
Vacancy / Maint / Mgmt
$631
Net cashflow
$805

Break-even live

Break-even rent $1,986
Max offer price $208,888
Occupancy floor 68%

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
$52,222
Closing costs
$6,267
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 9 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
100 Toscana Dr American Canyon, CA 2.0–3.0 2.5–3.5 1466 $3,244 $2.21 13d 5 0.25mi
300 Swan Way Vallejo, CA 3.0 2.0 1134 $2,775 $2.45 21d 1 0.55mi
2525 Flosden Rd #16 American Canyon, CA 3.0 2.0 1244 $2,795 $2.25 13d 1 0.67mi
137 Imelda St Unit 3BR/1BA Vallejo, CA 3.0 1.0 1080 $3,250 $3.01 13d 1 0.73mi
123 David Ct Vallejo, CA 3.0 2.0 1323 $3,149 $2.38 13d 1 0.83mi
424 Corcoran Ave Vallejo, CA 2.0 1.0 1200 $2,300 $1.92 13d 1 0.96mi
325 Falcon Dr Vallejo, CA 3.0 2.0 1600 $2,900 $1.81 13d 1 1.09mi
125 Hibiscus Ct Vallejo, CA 3.0 1.0 1000 $2,709 $2.71 43d 1 1.24mi
165 Georgetown Ct Vallejo, CA 3.0 2.0 1144 $2,695 $2.36 23d 1 1.33mi

Listing history 31 events

  1. 2026-06-18
    days on market $208,888 Active 125 DOM
  2. 2026-06-17
    days on market $208,888 Active 124 DOM
  3. 2026-06-16
    pricedays on market $208,888 Active 123 DOM
  4. 2026-06-15
    days on market $209,888 Active 122 DOM
  5. 2026-06-14
    days on market $209,888 Active 120 DOM
  6. 2026-06-13
    days on market $209,888 Active 119 DOM
  7. 2026-06-10
    days on market $209,888 Active 117 DOM
  8. 2026-06-09
    days on market $209,888 Active 116 DOM
  9. 2026-06-08
    days on market $209,888 Active 115 DOM
  10. 2026-06-07
    days on market $209,888 Active 114 DOM
  11. 2026-06-05
    days on market $209,888 Active 111 DOM
  12. 2026-06-03
    days on market $209,888 Active 110 DOM
  13. 2026-06-02
    days on market $209,888 Active 109 DOM
  14. 2026-06-01
    days on market $209,888 Active 108 DOM
  15. 2026-05-31
    days on market $209,888 Active 107 DOM
  16. 2026-05-30
    days on market $209,888 Active 106 DOM
  17. 2026-04-16
    price $209,888 789-char remark
    Show marketing remark (789 chars)

    Welcome to this charming home in the desirable Las Casitas Senior Mobile Home Park in American Canyon, just minutes from the Napa Valley lifestyle. This well-maintained 2-bedroom, 2-bath residence offers a bright, open layout with a spacious living room and separate dining area. Recent improvements include newer flooring, updated ceiling fans, dual-pane windows, and a refreshed kitchen with functional finishes. Enjoy the bonus of an enclosed patio plus a covered entry patio, ideal for relaxing, hobbies, or extra storage. The low-maintenance yard features fruit trees and space for gardening. Tucked away in a peaceful back location with no side neighbors, this home offers added privacy and tranquility. Conveniently close to the clubhouse, shopping, dining, and easy freeway access.

  18. 2026-03-07
    price $219,000 789-char remark
    Show marketing remark (789 chars)

    Welcome to this charming home in the desirable Las Casitas Senior Mobile Home Park in American Canyon, just minutes from the Napa Valley lifestyle. This well-maintained 2-bedroom, 2-bath residence offers a bright, open layout with a spacious living room and separate dining area. Recent improvements include newer flooring, updated ceiling fans, dual-pane windows, and a refreshed kitchen with functional finishes. Enjoy the bonus of an enclosed patio plus a covered entry patio, ideal for relaxing, hobbies, or extra storage. The low-maintenance yard features fruit trees and space for gardening. Tucked away in a peaceful back location with no side neighbors, this home offers added privacy and tranquility. Conveniently close to the clubhouse, shopping, dining, and easy freeway access.

  19. 2026-02-14
    status Active 789-char remark
    Show marketing remark (789 chars)

    Welcome to this charming home in the desirable Las Casitas Senior Mobile Home Park in American Canyon, just minutes from the Napa Valley lifestyle. This well-maintained 2-bedroom, 2-bath residence offers a bright, open layout with a spacious living room and separate dining area. Recent improvements include newer flooring, updated ceiling fans, dual-pane windows, and a refreshed kitchen with functional finishes. Enjoy the bonus of an enclosed patio plus a covered entry patio, ideal for relaxing, hobbies, or extra storage. The low-maintenance yard features fruit trees and space for gardening. Tucked away in a peaceful back location with no side neighbors, this home offers added privacy and tranquility. Conveniently close to the clubhouse, shopping, dining, and easy freeway access.

  20. 2026-02-13
    listed $225,000 Active 789-char remark
    Show marketing remark (789 chars)

    Welcome to this charming home in the desirable Las Casitas Senior Mobile Home Park in American Canyon, just minutes from the Napa Valley lifestyle. This well-maintained 2-bedroom, 2-bath residence offers a bright, open layout with a spacious living room and separate dining area. Recent improvements include newer flooring, updated ceiling fans, dual-pane windows, and a refreshed kitchen with functional finishes. Enjoy the bonus of an enclosed patio plus a covered entry patio, ideal for relaxing, hobbies, or extra storage. The low-maintenance yard features fruit trees and space for gardening. Tucked away in a peaceful back location with no side neighbors, this home offers added privacy and tranquility. Conveniently close to the clubhouse, shopping, dining, and easy freeway access.

  21. 2025-06-28
    status Active
  22. 2024-11-26
    listed $250,000 Active
  23. 2017-06-21
    soldstatus $96,000 Sold
  24. 2017-06-07
    status Pending
  25. 2017-06-06
    status Active
  26. 2017-05-30
    historical Off-Market
  27. 2017-04-14
    status Active
  28. 2017-04-10
    status Pending
  29. 2017-03-20
    status Active
  30. 2017-03-19
    status Pending
  31. 2017-03-13
    listed $120,000 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 1/10 Low FEMA zone A · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥94°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 8/10 Severe 13 unhealthy d/yr today · 13 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
$36,058
− Mortgage interest
−$11,701
− Property taxes
−$3,133
− Insurance
−$2,547
− Repairs & maintenance
−$2,885
− Management
−$2,885
− Depreciation
−$6,077
Taxable income
$6,831
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,639
After-tax cash flow
$8,021/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 — American Canyon

Score
74/100
State rank
#133
US rank
#4684

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
American Canyon, CA
County
Napa County · 120,669 people
City population
21,841
Metro
Napa, CA
Population (ZIP)
21,841
Household income
$121,088
Rent vs Own
25.7% rent · 74.3% own
Severe rent burden
486.0

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
Highly diverse neighborhood (Simpson 0.75)
Race & ethnicity
Asian 33% Hispanic / Latino 31% White 21% Two or more races 15% Black 6% Pacific Islander 1%
Hispanic origin (detail)
Mexican 25%
Common ancestry
Italian 2% Lithuanian 1% Romanian 1%
Foreign-born
31% · Canada, China, Vietnam
Languages at home
57% English-only · Spanish 22% Tagalog/Filipino 15% Other Indo-European 3%

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
▼ -97.47%
Current HPI
366.9139
Rent YoY
Metro
Napa, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+74.9% since first listed
15 events — show timeline
  • 2026-04-16 Price Changed $209,888 BAREIS
  • 2026-03-07 Price Changed $219,000 BAREIS
  • 2026-02-14 Relisted BAREIS
  • 2026-02-13 Listed $225,000 BAREIS
  • 2025-06-28 Relisted BAREIS
  • 2024-11-26 Listed $250,000 BAREIS
  • 2017-06-21 Sold (MLS) $96,000 BAREIS
  • 2017-06-07 Pending BAREIS
  • 2017-06-06 Relisted BAREIS
  • 2017-05-30 Delisted BAREIS
  • 2017-04-14 Relisted BAREIS
  • 2017-04-10 Pending BAREIS
  • 2017-03-20 Relisted BAREIS
  • 2017-03-19 Pending BAREIS
  • 2017-03-13 Listed $120,000 BAREIS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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