6805 Douglas Blvd · Granite Bay, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 8/10 · Major
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 10/10 · Severe
- Unhealthy air days now
- 30 days/yr
- Unhealthy air days in 30 yrs
- 38 days/yr
Risk factors via First Street. Map © Google.
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 +6.2/10.0
- Livability +3.2/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$79,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Discover a lifestyle of ease and comfort at this inviting mobile home, ready for immediate occupancy at 6805 Douglas Blvd, Granite Bay, CA, USA. This residence offers a seamless transition to a desirable way of living. The living room provides a welcoming atmosphere, distinguished by its classic wood-finished flooring, offering a touch of timeless appeal. Beyond the interiors, an outdoor dining area awaits, perfect for al fresco meals and entertaining. Practicality is enhanced by an attached carport and a charming porch, adding to the home's functionality and curb appeal. Experience the potential of this Granite Bay residence firsthand; schedule your private viewing today.
Key facts
- Hardwood flooring
- Charming porch
- Attached carport
Tags
Property features AI
Finance
- Other: Pets allowed (cats and dogs OK, size limits may apply)
- Financial info: Not a land-lease property
- HOA & community: No association
Exterior
- Parking: Assigned covered parking with guest parking available (2 total parking spaces)
- Utilities: Individual electric meter and individual gas meter; 220 volts in kitchen; Cable available; Natural gas connected; Public water (water district); Public sewer
- Home design: Manufactured in park (single wide); Fleetwood Homes Westfield make; Built in 1999
- Construction: Composition roof; Vinyl or wood skirting
- Exterior features: Fenced yard; Patio awning, carport awning, and porch awning; Porch; Storage area / shed(s); Close to clubhouse; Landscaped front
Interior
- Kitchen: Free-standing gas range and oven; Gas cooktop; Hood over range; Microwave; Free-standing refrigerator; Disposal; Plumbed for ice maker; Laminate counters
- Bedrooms: 2 bedrooms (including master bedroom)
- Flooring: Simulated wood and laminate flooring
- Bathrooms: 2 full bathrooms with tub/shower over
- Heating & cooling: Central heating (natural gas); Gas heating; Central air conditioning; Ceiling fan(s)
- Interior features: Dual-pane full windows with weather stripping and screens; Carpeted porch with railed steps; Deck attached to living area; Storage area / shed(s); Original condition
- Laundry & utility: Inside laundry with stacked washer and dryer included; Washer and dryer included; Gas hook-up for dryer; 220 volts available in laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath land listed at $80k.
Deal economics
- At list price, monthly cash flow is $2k ($22k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $80k).
- Cap rate 34.1% vs local median 1.2% in Granite Bay — 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 (#386 in CA) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
- Eureka Union (suburban): math 61% / reading 74% proficiency, ranked #48 of 517 in CA (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 8% free/reduced lunch — higher-income household profile.
- Market conditions: 164 active listings in the ZIP; high-income renter base; 3,535 units permitted in Placer County in 2024 (689 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.
- Placer County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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.
- 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.
- 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
- 3.81% ✓
- Cap rate
- 34.08%
- Cash-on-cash
- 99.24%
- DSCR
- 5.42
- GRM
- 2.2
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 5.69×
- Total profit
- $104,933
- Equity at exit
- $11,913
- IRR
- —
- Equity multiple
- 11.87×
- Total profit
- $243,291
- 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
ZIP-level market 95746
- Active inventory
- 164
- Price-to-rent
- 2.2×
Monthly cashflow live
- Estimated rent
- $3,041 medium interval (Pro) →
- Mortgage (P&I)
- −$419
- Tax est. 1.5%
- −$100 /mo · $1,198/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$639
- Net cashflow
- $1,850
Break-even live
Sensitivity live
| Price | -10% $1,905 | -5% $1,878 | +0% $1,850 | +5% $1,822 | +10% $1,795 |
|---|---|---|---|---|---|
| Rent | -10% $1,610 | -5% $1,730 | +0% $1,850 | +5% $1,970 | +10% $2,090 |
| Rate | -1.0pp $1,890 | -0.5pp $1,870 | base $1,850 | +0.5pp $1,829 | +1.0pp $1,808 |
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.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 8/10 Severe
- Heat 7/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 10/10 Extreme 30 unhealthy d/yr today · 38 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $36,490
- − Mortgage interest
- −$4,476
- − Property taxes
- −$1,198
- − Insurance
- −$400
- − Repairs & maintenance
- −$2,919
- − Management
- −$2,919
- − Depreciation
- −$2,324
- Taxable income
- $22,254
- Est. tax owed @ 24.0%
- −$5,341
- After-tax cash flow
- $16,860/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
- Eureka Union
- NCES district ID
- 0613080
- Math proficiency
- 61% ▼ -8.00%
- Reading proficiency
- 74% ▼ -5.00%
- Median HH income
- $103,282
- Composite
- 62.34/100
- National rank
- #695
- State rank
- #48 of 517 in CA
Livability — Granite Bay
- Score
- 65/100
- State rank
- #386
- US rank
- #13127
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Granite Bay, CA
- County
- Placer County · 390,510 people
- City population
- 22,985
- Metro
- Sacramento-Roseville-Folsom, CA
- Population (ZIP)
- 22,985
- Household income
- $183,305
- Rent vs Own
- Severe rent burden
- 176.0
Population outlook (Placer County) Hauer SSP2
- Today (2025)
- 422,709 people
- By 2030
- 444,249 · +5.1%
- By 2040
- 480,192 · +13.6%
- By 2050
- 506,390 · +19.8%
- By 2075
- 550,219 · +30.2%
- By 2100
- 547,760 · +29.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (72%)
- Race & ethnicity
- White 72% Asian 10% Hispanic / Latino 10% Two or more races 8% Black 3%
- Hispanic origin (detail)
- Mexican 6%
- Common ancestry
- Lithuanian 3% Slovak 3% Romanian 3%
- Foreign-born
- 11% · Canada, China, Vietnam
- Languages at home
- 85% English-only · Spanish 4% Other Indo-European 4% Chinese 1%
Political lean MEDSL · Placer
- 2024 margin
- Lean R (+8.5) · D 44.3% · R 52.8% · Other 2.9%
- 2008→2024 swing
- +2.8pp toward D · 2008: -11.3pp · 2024: -8.5pp
- All cycles
- 2024: R+8.5 2020: R+6.7 2016: R+11.3 2012: R+20.1 2008: R+11.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -664.09%
- Current HPI
- 264.5367
- Rent YoY
- —
- 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
+9.4%/yrLatest (2025): $181,978 · +1.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…