5040 Jackson St #76 · North Highlands, CA 95660

$90,000

3 bd · 2.0 ba · 1,584 sqft · Manufactured · 14 Days on market

Built 1973 Est $101k · 11% 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 +12.5/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.9/5.0
• Schools +3.1/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this spacious 1,584 sq. ft. home located in the desirable 55+ Lamplighter community. Offering 3 bedrooms and 2 bathrooms, this well-maintained residence features updated LVP flooring, new carpet, and bright white cabinetry with plenty of storage throughout. The open-concept kitchen includes recessed lighting, a convenient breakfast bar, and seamlessly connects to both the living and family rooms, creating an ideal space for everyday living and entertaining. Additional highlights include a versatile sunroom, decorative display shelving, and a generous primary suite with direct access to the backyard. Outdoors, you'll find room for gardening, pets, or relaxing, along with a storage

Key facts

• New carpet
• Open-concept kitchen
• Updated lvp flooring

Tags

• UPDATED LVP FLOORING
• NEW CARPET
• BRIGHT WHITE CABINETRY
• OPEN-CONCEPT KITCHEN
• RECESSED LIGHTING
• BREAKFAST BAR

Property features AI

Finance

• Financial info: Land lease amount listed but property marked as not land-lease (information available)
• HOA & community: No homeowners association; Located in a senior community; Not land-leased

Exterior

• Parking: Covered parking for 2
• Utilities: Public water; Public sewer; Cable available; Electric: 220V in laundry
• Home design: Manufactured home in park; Double-wide; 1973 construction
• Construction: Aluminum skirting; Other roof type; Copperwood manufacturer/make
• Exterior features: Close to clubhouse; Covered parking/deck

Interior

• Kitchen: Free-standing refrigerator; Built-in gas oven; Built-in gas range; Range hood; Garbage disposal
• Bedrooms: 3 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms; Double sinks; Tub with shower over
• Heating & cooling: Central heating; Central cooling; Gas water heater
• Interior features: Sun room; Great room; Open living/dining/family areas; Dining bar; Formal dining area; Wood counters
• Laundry & utility: Washer and dryer included; 220V outlet in laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $90k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $90k).
• Cap rate 23.7% vs local median 4.1% in North Highlands — 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 61/100 on livability (#523 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+; Watch: employment C-, schools D, crime F.
• Twin Rivers Unified (suburban): math 29% / reading 37% proficiency, ranked #970 of 1,400 in CA (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.7%/yr); 108 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 6,825 units permitted in Sacramento County in 2024 (1,752 in 5+ unit buildings).
• This rent runs 41% of the median local income ($68k/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 $622 of loan paydown is wiped out by about $3k 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 + 5.7% rent growth), your $25k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.

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 $90,000

Questions for the listing agent

1. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 2.57% ✓
• Cap rate: 23.68%
• Cash-on-cash: 62.08%
• DSCR: 3.76
• GRM: 3.2

CMA / ARV

• ARV (on-the-fly): $101,376
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5040 Jackson St #76	0.00mi	3/2.0	1,584 (0%)	9mo	$85,000	$54	93
5040 Jackson St #54	0.14mi	3/2.0	1,512 (-4%)	10mo	$75,000	$50	77
5040 Jackson St #60	0.04mi	2/2.0 (-1)	1,440 (-9%)	4mo	$75,000	$52	74
5040 Jackson St #44	0.20mi	2/2.0 (-1)	1,536 (-3%)	9mo	$74,000	$48	73
5040 Jackson St #110	0.13mi	3/2.0	1,440 (-9%)	12mo	$81,500	$57	69
4963 Eleven Oaks Ln	0.48mi	3/2.0	1,536 (-3%)	6mo	$140,000	$91	68
5040 Jackson St #40	0.17mi	3/2.0	1,475 (-7%)	20mo	$107,000	$73	64
5040 Jackson St #173	0.04mi	2/2.0 (-1)	1,440 (-9%)	18mo	$97,000	$67	63
5040 Jackson St #154	0.04mi	2/2.0 (-1)	1,440 (-9%)	20mo	$96,000	$67	61
3655 N Ohio Ln #87	0.38mi	2/2.0 (-1)	1,522 (-4%)	13mo	$120,000	$79	60
5064 - 5477 S Valley Forge Ln #25	0.46mi	3/2.0	1,400 (-12%)	7mo	$88,900	$64	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 · 5.69% rent growth · sell at horizon

5-year hold

• IRR: 63.9%
• Equity multiple: 3.97×
• Total profit: $74,856
• Equity at exit: $13,419

10-year hold

• IRR: 69.1%
• Equity multiple: 8.93×
• Total profit: $199,897
• Equity at exit: $7,782

Cash invested: $25,200 (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 95660

• Rents YoY: 5.7%
• Active inventory: 108
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $2,315 high
• Mortgage (P&I): −$472
• Tax from tax record: −$16 /mo · $187/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$486
• Net cashflow: $1,304

Break-even live

Break-even rent $665

Max offer price $90,000

Occupancy floor 39%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4930 Polk St North Highlands, CA	2.0–3.0	1.0–2.0	938	$1,795	$1.91	1d	3	0.43mi
5516 Palmdale Way Sacramento, CA	3.0	2.0	1115	$2,250	$2.02	20d	1	0.63mi
5001 Date Ave Sacramento, CA	3.0	2.0	1106	$2,400	$2.17	1d	1	0.96mi
5728 Luce Ave McClellan Park, CA	2.0–3.0	1.0	1058	$2,190	$2.07	1d	3	1.10mi
4716 Tulane Ct Sacramento, CA	3.0	2.0	1303	$2,450	$1.88	23d	1	1.19mi
4815 Mary Kate Dr Sacramento, CA	2.0	2.0	1100	$1,850	$1.68	43d	1	1.21mi
4821 Mary Kate Dr Unit 4823 Sacramento, CA	2.0	2.0	1050	$1,675	$1.60	1d	1	1.23mi
4255 Winding Way Sacramento, CA	2.0	1.5	1300	$1,995	$1.53	7d	1	1.33mi
6209 Claussen Way North Highlands, CA	4.0	2.0	1600	$2,550	$1.59	14d	1	1.34mi
4901 Little Oak Ln Sacramento, CA	1.0–3.0	1.0–2.0	915	$1,832	$2.00	1d	7	1.38mi
5720 Brett Dr Sacramento, CA	4.0	2.0	1567	$2,650	$1.69	20d	1	1.42mi
4437 Rutgers Way Sacramento, CA	3.0	2.5	2113	$2,995	$1.42	43d	1	1.48mi

Listing history 10 events

1. 2026-06-18
   days on market $90,000 Active 14 DOM
2. 2026-06-17
   days on market $90,000 Active 13 DOM
3. 2026-06-16
   days on market $90,000 Active 12 DOM
4. 2026-06-15
   days on market $90,000 Active 11 DOM
5. 2026-06-13
   days on market $90,000 Active 9 DOM
6. 2026-06-13
   days on market $90,000 Active 8 DOM
7. 2026-06-09
   days on market $90,000 Active 5 DOM
8. 2026-06-08
   days on market $90,000 Active 4 DOM
9. 2026-06-07
   remarks 699-char remark
10. 2026-06-07
    listed $90,000 Active 3 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: $187 · $16/mo
• Projected year-2 tax: $684 · $57/mo
• Expected delta: +$497/yr (+$41/mo · 265.8%)

ⓘ 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 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 34 unhealthy d/yr today · 38 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,778
• − Mortgage interest: −$5,041
• − Property taxes: −$187
• − Insurance: −$450
• − Repairs & maintenance: −$2,222
• − Management: −$2,222
• − Depreciation: −$2,618
• Taxable income: $15,037
• Est. tax owed @ 24.0%: −$3,609
• After-tax cash flow: $12,035/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: Twin Rivers Unified
• NCES district ID: 0601332
• Math proficiency: 29% ▲ 2.00%
• Reading proficiency: 37% ▲ 2.00%
• Median HH income: $42,481
• Composite: 30.67/100
• National rank: #11437
• State rank: #970 of 1400 in CA

Livability — North Highlands

• Score: 61/100
• State rank: #523
• US rank: #17613

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Highlands, CA
• County: Sacramento County · 1,539,646 people
• City population: 56,900
• Metro: Sacramento-Roseville-Folsom, CA
• Population (ZIP): 35,451
• Household income: $68,235
• Rent vs Own: 38.0% rent · 62.0% own
• Severe rent burden: 1300.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 41% Hispanic / Latino 37% Two or more races 16% Black 9% Asian 7%
• Hispanic origin (detail): Mexican 29%
• Common ancestry: Subsaharan African 5% Scotch-Irish 2% Scandinavian 2%
• Foreign-born: 28% · Canada, Vietnam
• Languages at home: 56% English-only · Spanish 25% Russian/Polish/Slavic 9% Other Indo-European 5%

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: ▼ -273.83%
• Current HPI: 438.1022
• Rent YoY: ▲ 5.69%
• 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

+0.3%/yr

Latest (2025): $187 · +1.1% YoY. Source: county tax records.