105 Eileen Ln · Concord, CA 94518

$125,000

1 bd · 1.0 ba · 850 sqft · Manufactured · 23 Days on market

Good condition Est $195k · 36% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.8/10.0
• Condition / age +3.8/5.0
• Rent growth +3.2/5.0
• Livability +3.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to this charming 1 bedroom, 1 bathroom mobile home in the desirable Concord Mobile Home Park off San Miguel Drive. Located in a friendly, family-oriented community, this well-maintained home offers comfort and convenience. Step inside to a cozy, open living space that flows into a completely enclosed patio — an ideal spot for relaxing, entertaining, or enjoying extra living area filled with natural light. Pride of ownership is evident throughout this lovingly cared-for home. The park offers fantastic amenities including two pools, two clubhouses for community gatherings, on-site laundry facilities, RV parking, and a car wash port. Residents also enjoy a prime location clo

Key facts

• Community pool
• Listed 23 days

Property features AI

Finance

• HOA & community: Pets allowed upon approval; Community clubhouse; Community pool; BBQ area; Car wash area; Guest parking; On-site laundry; RV parking; RV storage; Located in Concord Mobile Home Park

Exterior

• Parking: Carport with space for 2 or more
• Utilities: Public water; Public sewer; Master gas meter
• Home design: Manufactured in park (mobile home); Single-wide body type; 1 story
• Construction: Aluminum siding; Metal construction; Aluminum skirting; In-ground pool
• Exterior features: Deck; Patio; Covered porch; Enclosed porch; Front porch; Back yard; Side yard; Low-maintenance yard; Shed(s)

Interior

• Kitchen: Gas range; Built-in oven; Refrigerator; Pantry; Solid-surface counters
• Bedrooms: 1 bedroom (street level)
• Flooring: Laminate flooring; Linoleum flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced-air heating; Evaporative cooling
• Interior features: Solid-surface countertops; Pantry; Bonus/plus room; Sun porch
• Laundry & utility: Washer/dryer hookups only

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $125k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $759 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $123k (1.5% below list) — sets the bar for market timing.
• Cap rate 13.6% vs local median 2.8% in Concord — 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 65/100 on livability (#397 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, housing B; Watch: schools C-, crime F, amenities F.
• Mt. Diablo Unified (suburban): math 36% / reading 45% proficiency, ranked #202 of 517 in CA (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.8%/yr); 128 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 2,169 units permitted in Contra Costa County in 2024 (896 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Contra Costa County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.8% rent growth), your $35k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($123k) is reasonable based on typical stale-listing flexibility.

Recommended offer $123,125 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 13.58%
• Cash-on-cash: 26.02%
• DSCR: 2.16
• GRM: 5.1

CMA / ARV

• ARV (on-the-fly): $194,650
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
81 Eileen	0.04mi	2/1.0 (+1)	825 (-3%)	4mo	$149,000	$181	85
96 Welcome Ave	0.16mi	2/2.0 (+1)	868 (+2%)	1mo	$199,000	$229	79
86 Eileen Ln	0.02mi	2/2.0 (+1)	812 (-4%)	6mo	$235,000	$289	77
141 Scenic Dr	0.17mi	2/1.0 (+1)	800 (-6%)	2mo	$135,000	$169	75
53 Galloway Dr #53	0.08mi	2/2.0 (+1)	940 (+11%)	16mo	$275,000	$293	57
56 Koch Ln	0.11mi	2/2.0 (+1)	960 (+13%)	13mo	$145,000	$151	54

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 · 2.77% rent growth · sell at horizon

5-year hold

• IRR: 19.5%
• Equity multiple: 1.79×
• Total profit: $27,639
• Equity at exit: $18,638

10-year hold

• IRR: 27.6%
• Equity multiple: 3.41×
• Total profit: $84,498
• Equity at exit: $10,808

Cash invested: $35,000 (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 94518

• Rents YoY: 2.8%
• Active inventory: 128
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,054 high
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $759

Break-even live

Break-even rent $1,093

Max offer price $125,000

Occupancy floor 58%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1070 San Miguel Rd Concord, CA	1.0–2.0	1.0–1.5	890	$1,895	$2.13	19d	1	0.26mi
2055 Sierra Rd #34 Concord, CA	1.0	1.0	639	$2,150	$3.36	24d	1	0.49mi
2043 Sierra Rd #11 Concord, CA	2.0	1.5	904	$2,100	$2.32	24d	1	0.54mi
1036 Oak Grove Rd Concord, CA	1.0–2.0	1.0–1.5	810	$1,980	$2.44	24d	2	0.58mi
1036 Oak Grove Rd Concord, CA	1.0–2.0	1.0–1.5	826	$1,850	$2.24	2d	3	0.58mi
2751 Monument Blvd Concord, CA	1.0–2.0	1.0	676	$1,715	$2.54	3d	1	0.61mi
1236 Detroit Ave Concord, CA	2.0	1.0	750	$2,430	$3.24	4d	1	0.67mi
1050 Oak Grove Rd Concord, CA	1.0–2.0	1.0	740	$2,150	$2.91	1d	3	0.69mi
2055 Fox Way Concord, CA	1.0	1.0	592	$1,850	$3.12	24d	1	0.70mi
2925 Monument Blvd Concord, CA	2.0–3.0	1.5	1084	$2,545	$2.35	3d	5	0.73mi
1160 Meadow Ln Concord, CA	1.0–2.0	1.0–1.5	740	$1,795	$2.42	11d	9	0.81mi
2067 Riley Ct Unit 5 Concord, CA	1.0	1.0	710	$1,750	$2.46	18d	1	0.83mi
2065 Riley Ct Apt 1 Concord, CA	1.0	1.0	600	$1,699	$2.83	21d	1	0.84mi
2065 Riley Ct Apt 1 Concord, CA	1.0	1.0	600	$1,799	$3.00	24d	1	0.84mi
1133 Meadow Ln #94 Concord, CA	1.0	1.0	592	$1,595	$2.69	3d	1	0.84mi
1750 Diane Ct Concord, CA	2.0	1.0	900	$2,325	$2.58	24d	1	0.87mi
1185 Meadow Ln Unit 115 Concord, CA	1.0	1.0	800	$2,350	$2.94	24d	1	0.87mi
1866 Robin Ln Unit 6 Concord, CA	2.0	1.0	700	$2,200	$3.14	20d	1	0.88mi
1854 Robin Ln Concord, CA	1.0	1.0	625	$1,725	$2.76	24d	1	0.89mi
1883 Robin Ln #1 Concord, CA	2.0	1.0	950	$2,600	$2.74	24d	1	0.89mi
1867 Robin Ln Unit 3 Concord, CA	1.0	1.0	700	$1,595	$2.28	24d	1	0.90mi
1195 Heather Ct Unit A Concord, CA	2.0	1.0	980	$2,700	$2.76	3d	1	0.92mi
1835 Robin Ln Concord, CA	2.0	2.0	800	$2,100	$2.62	5d	1	0.94mi
1835 Robin Ln Unit 11 Concord, CA	2.0	2.0	800	$2,100	$2.62	23d	1	0.95mi
1590 Frisbie Ct Unit 6 Concord, CA	2.0	1.0	850	$2,195	$2.58	15d	1	0.96mi
1818 Laguna St Concord, CA	1.0–2.0	1.0	750	$1,958	$2.61	5d	12	0.97mi
1150 Virginia Ln Concord, CA	1.0	1.0	600	$1,775	$2.96	16d	1	0.98mi
1660 Haller Ct Concord, CA	2.0	1.0	880	$2,125	$2.41	21d	1	0.98mi
1631 Frisbie Ct Concord, CA	2.0	1.0	750	$2,100	$2.80	23d	1	1.01mi
1631 Frisbie Ct Concord, CA	2.0	1.0	750	$2,100	$2.80	5d	1	1.01mi
1641 Frisbie Ct Concord, CA	2.0	1.0	900	$2,325	$2.58	24d	1	1.01mi
1500 Ellis St Concord, CA	2.0	1.0–2.0	664	$2,085	$3.14	11d	5	1.02mi
1441 Detroit Ave Concord, CA	1.0–2.0	1.0–2.0	738	$1,840	$2.49	1d	11	1.02mi
1125 Lacey Ln #4 Concord, CA	1.0	1.0	680	$1,850	$2.72	24d	1	1.03mi
1841 Laguna St Concord, CA	2.0	1.0	925	$2,372	$2.56	24d	5	1.04mi
1551 Lacey Ct #2 Concord, CA	1.0	1.0	680	$1,850	$2.72	20d	1	1.05mi
1699 Laguna St Concord, CA	1.0	1.0	646	$1,787	$2.77	24d	1	1.06mi
1491 Detroit Ave Concord, CA	1.0–2.0	1.0	650	$1,525	$2.35	16d	1	1.08mi
1555 Galindo St Concord, CA	1.0–3.0	1.0–2.5	1045	$2,857	$2.73	1d	13	1.09mi
1591 Ellis St #220 Concord, CA	1.0	1.0	646	$2,000	$3.10	12d	1	1.10mi

Listing history 7 events

1. 2026-06-04
   status $125,000 Pending 23 DOM
2. 2026-06-03
   days on market $125,000 Active Under Contract 23 DOM
3. 2026-06-02
   statusdays on market $125,000 Active Under Contract 22 DOM
4. 2026-06-01
   days on market $125,000 Active 21 DOM
5. 2026-05-31
   days on market $125,000 Active 20 DOM
6. 2026-05-11
   listed $125,000 Active
7. 2026-05-05
   historical $125,000

ⓘ 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 X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥96°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 18 unhealthy d/yr today · 19 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,650
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$1,972
• − Management: −$1,972
• − Depreciation: −$3,636
• Taxable income: $7,568
• Est. tax owed @ 24.0%: −$1,816
• After-tax cash flow: $7,291/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This charming mobile home in Concord Mobile Home Park is in good condition with cosmetic updates needed to enhance its resale and rental value.

Repairs flagged

• Minor kitchen cabinets — dated design
• Minor bathroom fixtures — standard, could be updated

Value-add opportunities

• Resale paint interior walls — enhances curb appeal
• Resale replace kitchen cabinets — modernizes space
• Resale update bathroom fixtures — enhances functionality
• Both landscaping — enhances curb appeal and adds value

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated design	Minor	$500–3,000
bathroom fixtures · standard, could be updated	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Resale paint interior walls — enhances curb appeal ↑
• Resale replace kitchen cabinets — modernizes space ↑
• Resale update bathroom fixtures — enhances functionality ↑
• Both landscaping — enhances curb appeal and adds value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Mt. Diablo Unified
• NCES district ID: 0626370
• Math proficiency: 36% ▼ -2.00%
• Reading proficiency: 45% ▼ -5.00%
• Median HH income: $77,494
• Composite: 37.5/100
• National rank: #4401
• State rank: #202 of 517 in CA

Livability — Concord

• Score: 65/100
• State rank: #397
• US rank: #13519

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Concord, CA
• County: Contra Costa County · 1,059,880 people
• City population: 125,693
• Metro: San Francisco-Oakland-Berkeley, CA
• Population (ZIP): 27,345
• Household income: $112,094
• Rent vs Own: 30.7% rent · 69.3% own
• Severe rent burden: 1071.0

Population outlook (Contra Costa County) Hauer SSP2

• Today (2025): 1,287,720 people
• By 2030: 1,364,937 · +6.0%
• By 2040: 1,506,209 · +17.0%
• By 2050: 1,624,373 · +26.1%
• By 2075: 1,853,193 · +43.9%
• By 2100: 1,901,231 · +47.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 48% Hispanic / Latino 29% Two or more races 18% Asian 13% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 2%
• Foreign-born: 26% · Canada, China, Jamaica
• Languages at home: 64% English-only · Spanish 20% Other Indo-European 5% Chinese 4%

Political lean MEDSL · Contra Costa

• 2024 margin: Solid D (+38.0) · D 67.3% · R 29.4% · Other 3.3%
• 2008→2024 swing: +0.2pp no change · 2008: 37.8pp · 2024: 38.0pp
• All cycles: 2024: D+38.0 2020: D+45.3 2016: D+43.5 2012: D+33.7 2008: D+37.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -817.60%
• Current HPI: 149.0257
• Rent YoY: ▲ 2.77%
• Metro: San Francisco-Oakland-Berkeley, 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

Price history

+0.0% since first listed

2 events — show timeline

• 2026-05-11 Listed $125,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-05-05 Coming Soon $125,000 bridgeMLS, Bay East AOR, or Contra Costa AOR