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3301 Buchanan Rd #118
B+ Composite 76.83
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
  • Rent growth +2.8/5.0
  • Livability +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$72,000

3301 Buchanan Rd #118 · Antioch, CA 94509
1 bd · 1.0 ba · 672 sqft · Manufactured · 322 Days on market
Built 1968 $107/sqft · 38% below area Est $117k · 38% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

Key facts

  • Spacious yard
  • Large pool
  • Car port

Tags

LARGE POOLCHILDRENS PLAY AREASPACIOUS DECKSPACIOUS YARDSTORAGE SHEDCAR PORT

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 1-bed/1.0-bath manufactured listed at $72k.

Deal economics

  • At list price, monthly cash flow is $874 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $72k).
  • Recommended offer: $63k (12.0% below list) — sets the bar for market timing.
  • Cap rate 20.9% vs local median 3.9% in Antioch — 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 56/100 on livability (#782 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A+, housing A+, health & safety A; Watch: schools F, crime F, amenities F.
  • Antioch Unified (suburban): math 29% / reading 55% proficiency, ranked #200 of 517 in CA (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+1.1%/yr); 206 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 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 $498 of loan paydown is wiped out by about $2k 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 + 1.1% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 322 days — a 12% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 20y ago; this cycle's ask has dropped $24k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $63,360 (12.0% below list)

Questions for the listing agent

  1. It's been on market 322 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 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. 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?
  7. 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.
  8. 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.
  9. 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
2.41%
Cap rate
20.87%
Cash-on-cash
52.05%
DSCR
3.32
GRM
3.5

CMA / ARV

ARV (median comp)
$116,982
List price
$72,000
Delta
-38.45%
Verdict
UNDERPRICED
Comps
2 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3301 Buchanan Rd #68 0.01mi 2/2.0 (+1) 760 (+13%) 19mo $110,000 $145 53

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 · 1.09% rent growth · sell at horizon

5-year hold
IRR
47.8%
Equity multiple
3.02×
Total profit
$40,778
Equity at exit
$10,735
10-year hold
IRR
52.7%
Equity multiple
5.68×
Total profit
$94,396
Equity at exit
$6,225

Cash invested: $20,160 (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.

ZIP-level market 94509

Rents YoY
1.1%
Active inventory
206
Price-to-rent
3.5×

Monthly cashflow live

Estimated rent
$1,737 high interval (Pro) →
Mortgage (P&I)
$378
Tax est. 1.5%
$90 /mo · $1,080/yr
Insurance
$30
HOA
$0
Vacancy / Maint / Mgmt
$365
Net cashflow
$874

Break-even live

Break-even rent $630
Max offer price $72,000
Occupancy floor 45%

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
$18,000
Closing costs
$2,160
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 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3101 Buchanan Rd Antioch, CA 1.0–2.0 1.0–2.0 837 $1,750 $2.09 1d 4 0.12mi
2811 Cadiz Ln Antioch, CA 1.0–2.0 1.0 715 $1,351 $1.89 21d 1 0.42mi
2811 Cadiz Ln Antioch, CA 1.0–2.0 1.0–2.0 803 $1,391 $1.73 1d 1 0.42mi
2800 Gentrytown Dr Antioch, CA 1.0–2.0 1.0 725 $1,650 $2.28 2d 9 0.51mi
2201 San Jose Dr Antioch, CA 1.0–2.0 1.0–2.0 686 $1,615 $2.35 1d 8 0.78mi
2301 Sycamore Dr Antioch, CA 1.0–2.0 1.0–1.5 716 $1,828 $2.55 1d 22 1.01mi
2201 Sycamore Dr Antioch, CA 1.0–3.0 1.0–2.0 1015 $1,445 $1.42 1d 10 1.07mi
2205 E Leland Rd Pittsburg, CA 1.0–2.0 1.0–2.0 847 $1,936 $2.29 1d 20 1.09mi
2796 Entrada Cir Antioch, CA 1.0 500 $1,695 $3.39 24d 1 1.13mi
2200 Sycamore Dr Antioch, CA 2.0 1.0–2.0 777 $1,917 $2.47 2d 12 1.15mi
2725 Del Oro Cir Antioch, CA 1.0 1.0 580 $1,795 $3.09 11d 1 1.24mi
1600 Aster Dr Antioch, CA 1.0–3.0 1.0–2.0 838 $2,039 $2.43 1d 8 1.43mi
500 Loveridge Cir Pittsburg, CA 1.0–3.0 1.0–2.0 825 $1,920 $2.33 1d 10 1.48mi

Listing history 32 events

  1. 2026-06-18
    days on market $72,000 Active 322 DOM
  2. 2026-06-17
    days on market $72,000 Active 321 DOM
  3. 2026-06-16
    days on market $72,000 Active 320 DOM
  4. 2026-06-15
    days on market $72,000 Active 319 DOM
  5. 2026-06-13
    days on market $72,000 Active 317 DOM
  6. 2026-06-13
    days on market $72,000 Active 316 DOM
  7. 2026-06-09
    days on market $72,000 Active 313 DOM
  8. 2026-06-08
    days on market $72,000 Active 312 DOM
  9. 2026-06-07
    days on market $72,000 Active 311 DOM
  10. 2026-06-04
    pricedays on market $72,000 Active 308 DOM
  11. 2026-06-03
    days on market $75,000 Active 307 DOM
  12. 2026-06-02
    days on market $75,000 Active 306 DOM
  13. 2026-06-01
    days on market $75,000 Active 305 DOM
  14. 2026-05-31
    days on market $75,000 Active 304 DOM
  15. 2026-05-05
    price $75,000 455-char remark
    Show marketing remark (455 chars)

    WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

  16. 2026-01-22
    price $77,900 455-char remark
    Show marketing remark (455 chars)

    WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

  17. 2025-12-18
    price $78,900 455-char remark
    Show marketing remark (455 chars)

    WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

  18. 2025-10-30
    price $79,500 455-char remark
    Show marketing remark (455 chars)

    WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

  19. 2025-10-06
    price $87,900 455-char remark
    Show marketing remark (455 chars)

    WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

  20. 2025-09-09
    price $88,900 455-char remark
    Show marketing remark (455 chars)

    WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

  21. 2025-08-13
    price $89,900 455-char remark
    Show marketing remark (455 chars)

    WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

  22. 2025-07-31
    listed $95,500 Active 455-char remark
    Show marketing remark (455 chars)

    WOW! Price Change! This mobile home in a family community has a Clubhouse, Large Pool, Children's Play area and more. The mobile home has a large bedroom, bathroom with inside laundry, large open kitchen and eating area, bright living area, a spacious deck shaded from the sun. Perfect for having your morning coffee or to hang out on and spend time with family and friends and the best part is the yard! It has a family friendly yard with a storage shed.

  23. 2023-08-30
    soldstatus $67,000 Sold 232-char remark
    Show marketing remark (232 chars)

    Single Wide 1 bedroom 1 bath, indoor laundry, laminate flooring, stove and refrigerator included. Covered porch and extra storage space. Park has new paved streets and PG&E upgrades. Located close to shopping and Hiway 4 access.

  24. 2023-08-30
    soldstatus $67,000 232-char remark
    Show marketing remark (232 chars)

    Single Wide 1 bedroom 1 bath, indoor laundry, laminate flooring, stove and refrigerator included. Covered porch and extra storage space. Park has new paved streets and PG&E upgrades. Located close to shopping and Hiway 4 access.

  25. 2023-07-31
    status Pending 232-char remark
    Show marketing remark (232 chars)

    Single Wide 1 bedroom 1 bath, indoor laundry, laminate flooring, stove and refrigerator included. Covered porch and extra storage space. Park has new paved streets and PG&E upgrades. Located close to shopping and Hiway 4 access.

  26. 2023-07-07
    status Back On Market 232-char remark
    Show marketing remark (232 chars)

    Single Wide 1 bedroom 1 bath, indoor laundry, laminate flooring, stove and refrigerator included. Covered porch and extra storage space. Park has new paved streets and PG&E upgrades. Located close to shopping and Hiway 4 access.

  27. 2023-06-18
    historical Contingent 232-char remark
    Show marketing remark (232 chars)

    Single Wide 1 bedroom 1 bath, indoor laundry, laminate flooring, stove and refrigerator included. Covered porch and extra storage space. Park has new paved streets and PG&E upgrades. Located close to shopping and Hiway 4 access.

  28. 2023-06-05
    listed $69,900 New 232-char remark
    Show marketing remark (232 chars)

    Single Wide 1 bedroom 1 bath, indoor laundry, laminate flooring, stove and refrigerator included. Covered porch and extra storage space. Park has new paved streets and PG&E upgrades. Located close to shopping and Hiway 4 access.

  29. 2023-06-05
    listed $69,900 232-char remark
    Show marketing remark (232 chars)

    Single Wide 1 bedroom 1 bath, indoor laundry, laminate flooring, stove and refrigerator included. Covered porch and extra storage space. Park has new paved streets and PG&E upgrades. Located close to shopping and Hiway 4 access.

  30. 2007-02-15
    soldstatus $17,000
  31. 2007-01-17
    historical
  32. 2006-11-02
    listed $17,000

ⓘ 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 7/10 Severe
  • 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 9/10 Extreme 16 unhealthy d/yr today · 19 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
$20,841
− Mortgage interest
−$4,033
− Property taxes
−$1,080
− Insurance
−$360
− Repairs & maintenance
−$1,667
− Management
−$1,667
− Depreciation
−$2,095
Taxable income
$9,939
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,385
After-tax cash flow
$8,108/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
Antioch Unified
NCES district ID
0602850
Math proficiency
29% ▲ 12.00%
Reading proficiency
55% ▲ 25.00%
Median HH income
$65,935
Composite
37.57/100
National rank
#4386
State rank
#200 of 517 in CA

Livability — Antioch

Score
56/100
State rank
#782
US rank
#22472

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Antioch, CA
County
Contra Costa County · 1,059,880 people
City population
116,477
Metro
San Francisco-Oakland-Berkeley, CA
Population (ZIP)
70,090
Household income
$86,196
Rent vs Own
42.0% rent · 58.0% own
Severe rent burden
3063.0

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
Highly diverse neighborhood (Simpson 0.72)
Race & ethnicity
Hispanic / Latino 43% White 25% Two or more races 18% Black 16% Asian 9% Native American 2% Pacific Islander 2%
Hispanic origin (detail)
Mexican 30%
Common ancestry
Russian 2% Italian 2% Lithuanian 1%
Foreign-born
23% · Canada, China, Vietnam
Languages at home
62% English-only · Spanish 29% Tagalog/Filipino 3% Other Asian/Pacific 1%

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
▼ -477.30%
Current HPI
309.3499
Rent YoY
▲ 1.09%
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

Price history

+341.2% since first listed
18 events — show timeline
  • 2026-05-05 Price Changed $75,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2026-01-22 Price Changed $77,900 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2025-12-18 Price Changed $78,900 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2025-10-30 Price Changed $79,500 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2025-10-06 Price Changed $87,900 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2025-09-09 Price Changed $88,900 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2025-08-13 Price Changed $89,900 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2025-07-31 Listed $95,500 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2023-08-30 Sold (MLS) $67,000 San Francisco MLS
  • 2023-08-30 Sold (MLS) $67,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2023-07-31 Pending bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2023-07-07 Relisted bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2023-06-18 Contingent bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2023-06-05 Listed $69,900 San Francisco MLS
  • 2023-06-05 Listed $69,900 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2007-02-15 Sold (MLS) $17,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2007-01-17 Listing Removed bridgeMLS, Bay East AOR, or Contra Costa AOR
  • 2006-11-02 Listed $17,000 bridgeMLS, Bay East AOR, or Contra Costa AOR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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