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16345 Tee Rd
D Composite 43.41
Why this score? — see what drove the D 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).

  • ARV discount +15.0/15.0
  • Cash flow +8.7/30.0
  • Appreciation +4.7/10.0
  • Livability +3.0/5.0
  • Schools +2.9/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • DSCR +2.4/10.0
  • 1% rule +1.7/10.0

$340,000

16345 Tee Rd · Cobb, CA 95426
2 bd · 2.5 ba · 2,322 sqft · SingleFamily public records · 452 Days on market
Built 1972 0.25 ac lot $146/sqft · 19% below area Est $422k · 19% under ↓ 2% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

Key facts

  • Rear top deck
  • Bathtub option
  • Walk-in shower

Tags

KNOTTY PINE BEAMED CEILINGSFIREPLACE AND MONITOR HEATERWALK-IN SHOWERBATHTUB OPTIONREAR TOP DECKMOUNTAIN VIEWS

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/2.5-bath single-family listed at $340k.

Deal economics

  • At list price, monthly cash flow is $-285 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $290k (14.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (32.8% below list).
  • Recommended offer: $228k (32.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 60/100 on livability (#589 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+, employment A-; Watch: health & safety C-, crime F, amenities F.
  • Middletown Unified (rural): math 24% / reading 41% proficiency, ranked #291 of 517 in CA (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Cobb Mountain Elementary (math 27% / reading 52%, grade F, #621 of 1,571 statewide, top 42%, 135 students, 51% FRL); Middletown Middle (math 27% / reading 47%, grade F, #170 of 498 statewide, top 35%, 232 students, 54% FRL); Middletown High (math 8% / reading 37%, grade F, #942 of 1,170 statewide, top 81%, 420 students, 39% FRL) — zoned schools at 48% FRL track the district average.
  • Market conditions: 65 active listings in the ZIP; 107 units permitted in Lake County in 2024 (40 in 5+ unit buildings).

Forward outlook

  • In year one you build about $201 of equity ($2k loan paydown + $-2k appreciation (-0.6% local appreciation)).
  • Lake County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 452 days — a 12% lower offer ($299k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts; this cycle's ask has dropped $20k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $228,364 (32.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 452 days. Have you received any prior offers? Is the seller open to a 33% concession, seller financing, or rate buy-down credit?
  3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. 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
0.67%
Cap rate
5.29%
Cash-on-cash
-3.59%
DSCR
0.84
GRM
12.4

CMA / ARV

ARV (median comp)
$421,667
List price
$340,000
Delta
-19.37%
Verdict
UNDERPRICED
Comps
8 within 1.0 mi

Projected returns pro-forma

-0.63% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-9.0%
Equity multiple
0.60×
Total profit
$-38,210
Equity at exit
$88,110
10-year hold
IRR
-2.5%
Equity multiple
0.75×
Total profit
$-23,518
Equity at exit
$97,773

Cash invested: $95,200 (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.

ZIP-level market 95426

Home prices YoY
-0.4%
Active inventory
65
Price-to-rent
12.4×

Monthly cashflow live

Estimated rent
$2,284 medium interval (Pro) →
Mortgage (P&I)
$1,783
Tax from tax record
$165 /mo · $1,974/yr
Insurance
$142
HOA
$0
Vacancy / Maint / Mgmt
$480
Net cashflow
$-285

Break-even live

Break-even rent $2,645
Max offer price $289,632
Occupancy floor

Sensitivity live

Price -10% $-93 -5% $-189 +0% $-285 +5% $-381 +10% $-478
Rent -10% $-466 -5% $-375 +0% $-285 +5% $-195 +10% $-105
Rate -1.0pp $-114 -0.5pp $-199 base $-285 +0.5pp $-373 +1.0pp $-463

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
$85,000
Closing costs
$10,200
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.

Listing history 28 events

  1. 2026-06-21
    days on market $340,000 Active 452 DOM
  2. 2026-06-19
    days on market $340,000 Active 450 DOM
  3. 2026-06-18
    days on market $340,000 Active 449 DOM
  4. 2026-06-17
    days on market $340,000 Active 448 DOM
  5. 2026-06-16
    days on market $340,000 Active 447 DOM
  6. 2026-06-15
    days on market $340,000 Active 446 DOM
  7. 2026-06-14
    days on market $340,000 Active 444 DOM
  8. 2026-06-13
    days on market $340,000 Active 443 DOM
  9. 2026-06-10
    days on market $340,000 Active 441 DOM
  10. 2026-06-09
    days on market $340,000 Active 440 DOM
  11. 2026-06-08
    days on market $340,000 Active 439 DOM
  12. 2026-06-07
    days on market $340,000 Active 438 DOM
  13. 2026-06-05
    days on market $340,000 Active 435 DOM
  14. 2026-06-03
    days on market $340,000 Active 434 DOM
  15. 2026-06-02
    pricedays on market $340,000 Active 433 DOM
  16. 2026-06-01
    days on market $354,000 Active 432 DOM
  17. 2026-05-31
    days on market $354,000 Active 431 DOM
  18. 2026-05-30
    days on market $354,000 Active 430 DOM
  19. 2026-04-13
    price $354,000 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  20. 2026-02-18
    price $359,000 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  21. 2026-01-27
    status Active 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  22. 2026-01-19
    status Active 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  23. 2026-01-18
    status Active 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  24. 2026-01-12
    status Active Under Contract 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  25. 2025-09-10
    price $369,000 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  26. 2025-08-26
    price $320,000 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  27. 2025-04-17
    price $339,000 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

  28. 2025-03-17
    listed $360,000 Active 1423-char remark
    Show marketing remark (1423 chars)

    Expansive 2322 sq. ft, (. 25 acre) 2 Bedroom, 3 Bathroom "Golf Course Home". Beautiful brand new upper and lower decking, interior and exterior paint and new carpeting has been installed. This home offers a large open-concept design, Knotty Pine Beamed Ceilings both in the main living area and the bedrooms. A cozy fireplace, and a monitor heater in the main living space offer warmth and ambiance. The bedrooms and bathrooms all extremely spacious, offering both a walk-in shower, and bathtub option giving further value to the home. The rear top deck presents a delightful atmosphere in enjoying the tree lined golf course and mountain views by day, as well as the expansive starry night sky. A complete downstairs entertainment area with wet bar, a dedicated bathroom, a fireplace for chilly evenings, and a covered deck boasting tranquil views and cool summer shade. A private golf cart driveway offers access from your yard directly to the golf course. Located adjacent to Bellmont Pines Golf Course, moments walk to the grocery store, coffee shop and pizza parlor. Cobb Mountain is located approx. 2hr drive from San Francisco and approx. 20min drive to the world-renown Napa Valley county line. As a maturing wine region, Lake County offers over 30 wineries, mostly with tasting rooms. Cobb Mountain is known for its beautiful seasons, clean air and natural spring water. Call for a private showing today!

ⓘ 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
$1,974 · $165/mo
Projected year-2 tax
$2,584 · $215/mo
Expected delta
+$610/yr (+$51/mo · 30.9%)

ⓘ 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 9/10 Extreme
  • 🌡 Heat 3/10 Moderate 8 d/yr ≥96°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 36 unhealthy d/yr today · 37 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
$27,404
− Mortgage interest
−$19,045
− Property taxes
−$1,974
− Insurance
−$1,700
− Repairs & maintenance
−$2,192
− Management
−$2,192
− Depreciation
−$9,891
Taxable loss
−$9,592
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,302
After-tax cash flow
$-1,119/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
Middletown Unified
NCES district ID
0624750
Math proficiency
24% ▼ -9.00%
Reading proficiency
41% ▼ -8.00%
Median HH income
$57,451
Composite
28.92/100
National rank
#6632
State rank
#291 of 517 in CA

Livability — Cobb

Score
60/100
State rank
#589
US rank
#19147

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cobb, CA
City population
1,265
Population (ZIP)
1,265

Population outlook (Lake County) Hauer SSP2

Today (2025)
62,396 people
By 2030
60,626 · -2.8%
By 2040
56,453 · -9.5%
By 2050
53,054 · -15.0%
By 2075
47,663 · -23.6%
By 2100
41,804 · -33.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (91%)
Race & ethnicity
White 91% Hispanic / Latino 6% Pacific Islander 3%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Lithuanian 11% Iranian 4% Italian 2%
Foreign-born
5%
Languages at home
91% English-only · Spanish 6% Other Asian/Pacific 3%

Political lean MEDSL · Lake

2024 margin
Toss-up / Even · D 47.8% · R 49.2% · Other 3.0%
2008→2024 swing
-20.6pp toward R · 2008: 19.3pp · 2024: -1.4pp
All cycles
2024: R+1.4 2020: D+6.3 2016: D+3.7 2012: D+16.5 2008: D+19.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -0.63%
Current HPI
145.2378
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

-1.7% since first listed
10 events — show timeline
  • 2026-04-13 Price Changed $354,000 CRMLS
  • 2026-02-18 Price Changed $359,000 CRMLS
  • 2026-01-27 Relisted CRMLS
  • 2026-01-19 Relisted CRMLS
  • 2026-01-18 Relisted CRMLS
  • 2026-01-12 Relisted CRMLS
  • 2025-09-10 Price Changed $369,000 CRMLS
  • 2025-08-26 Price Changed $320,000 CRMLS
  • 2025-04-17 Price Changed $339,000 CRMLS
  • 2025-03-17 Listed $360,000 CRMLS

Property tax history

+2.4%/yr

Latest (2025): $1,974 · +1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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