29 Yacht Ln · Daly City, CA 94014

$488,000

3 bd · 2.0 ba · 1,760 sqft · Manufactured · 7 Days on market

Built 2010 Est $407k · 20% over

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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).

• Cash flow +16.7/30.0
• Schools +5.6/10.0
• DSCR +5.2/10.0
• 1% rule +4.5/10.0
• Rent growth +4.3/5.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

A beautifully maintained 2010 Skyline manufactured home located in the Franciscan Park community. This spacious residence features 3 bedrooms, 2 bathrooms, an open-concept layout, generous living and dining areas, and abundant natural light throughout. The well-designed floor plan provides comfortable everyday living with ample room for entertaining, relaxing, and working from home. Beyond the home itself, residents enjoy the added peace of mind of a community security check point at the entrance, along with an impressive array of resort-style amenities. Franciscan Park features a clubhouse complete with a card room, game room, library, kitchen, and community office, as well as a swimming p

Key facts

• Clubhouse
• Spa
• Swimming pool

Tags

• FRANCISCAN PARK COMMUNITY
• COMMUNITY SECURITY CHECK POINT
• CLUBHOUSE
• SWIMMING POOL
• SPA
• BASKETBALL COURT

Property features AI

Finance

• HOA & community: Association fee listed as 0; Pets allowed: cats, dogs, service animals

Exterior

• Parking: Has a 3-space carport; Covered parking for 3 vehicles; Guest parking; no garage
• Security: Smoke detectors; Carbon monoxide detectors; Fire alarm; Double-strapped water heater
• Utilities: Public water; Public sewer; Electricity available (220V in laundry); Gas plumbed
• Home design: Manufactured in park (double wide); Built in 2010; Located in The Franciscan Park; Original and updated/remodeled condition; Board approval required
• Construction: Vinyl skirting; Model: J239ct; Manufacturer: Skyline Homes Inc.
• Exterior features: Awning(s) and porch awning; Patio and porch with steps; Shed/storage; Fenced yard; Front and back yard; Garden and landscaped front

Interior

• Kitchen: Dishwasher; Disposal; Free-standing refrigerator; Gas cooktop; Range hood; Microwave
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Laminate; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Gas heating; Fireplace heating; Ceiling fans for cooling
• Interior features: Formal entry; One fireplace located in the living room; Unfurnished
• Laundry & utility: Washer and dryer included; Gas dryer hookup; Laundry located inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $488k.

Deal economics

• At list price, monthly cash flow is $304 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $465k (4.6% below list).
• Recommended offer: $465k (4.6% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 2.2% in Daly City — 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 82/100 on livability (#35 in CA, #1,221 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: cost of living F.
• Jefferson Union High (suburban): math 50% / reading 75% proficiency, ranked #66 of 517 in CA (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+7.1%/yr); 60 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 1,019 units permitted in San Mateo County in 2024 (484 in 5+ unit buildings).
• At $4,653/mo this rent would consume 45% of the median local household income ($123k/yr) (locally 1517% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $15k of value loss. Plan a longer hold.
• San Mateo County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $465,325 (4.6% 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. 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?
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: 0.95% ✗
• Cap rate: 7.04%
• Cash-on-cash: 2.67%
• DSCR: 1.12
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $406,560
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
50 Harbor Dr	0.31mi	2/2.0 (-1)	1,600 (-9%)	14mo	$365,000	$228	54
59 Franciscan Dr #432	0.39mi	3/2.0	1,593 (-10%)	18mo	$491,000	$308	51
51 Haven Dr	0.30mi	2/2.0 (-1)	1,512 (-14%)	18mo	$350,000	$231	43

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 · 7.1% rent growth · sell at horizon

5-year hold

• IRR: -7.6%
• Equity multiple: 0.71×
• Total profit: $-39,683
• Equity at exit: $72,762

10-year hold

• IRR: 6.6%
• Equity multiple: 1.58×
• Total profit: $79,890
• Equity at exit: $42,193

Cash invested: $136,640 (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 94014

• Rents YoY: 7.1%
• Active inventory: 60
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $4,653 medium
• Mortgage (P&I): −$2,559
• Tax est. 1.5%: −$610 /mo · $7,320/yr
• Insurance: −$203
• HOA: −$0
• Vacancy / Maint / Mgmt: −$977
• Net cashflow: $304

Break-even live

Break-even rent $4,269

Max offer price $488,000

Occupancy floor 88%

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: $122,000
• Closing costs: $14,640
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7800 El Camino Real Colma, CA	3.0	1.0–2.0	879	$3,548	$4.03	1d	1	0.94mi
606 Southhill Blvd Daly City, CA	4.0	2.0	1500	$5,300	$3.53	1d	1	1.32mi
101 McLellan Dr South San Francisco, CA	2.0	1.0–2.0	779	$3,825	$4.91	2d	8	1.43mi
781 Alta Loma Dr South San Francisco, CA	3.0	2.0	1700	$5,995	$3.53	43d	1	1.47mi

Listing history 7 events

1. 2026-06-18
   days on market $488,000 Active 7 DOM
2. 2026-06-17
   days on market $488,000 Active 6 DOM
3. 2026-06-16
   days on market $488,000 Active 5 DOM
4. 2026-06-15
   days on market $488,000 Active 4 DOM
5. 2026-06-13
   days on market $488,000 Active 2 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $488,000 Active 1 DOM

ⓘ 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 4/10 Moderate
• 🌡 Heat 1/10 Low 5 d/yr ≥77°F today · 11 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 13 unhealthy d/yr today · 13 by 30 yrs out

Taxation est. · year 1

• Rental income: $55,839
• − Mortgage interest: −$27,336
• − Property taxes: −$7,320
• − Insurance: −$2,440
• − Repairs & maintenance: −$4,467
• − Management: −$4,467
• − Depreciation: −$14,196
• Taxable loss: −$4,387
• Est. tax savings @ 24.0%: +$1,053
• After-tax cash flow: $4,696/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: Jefferson Union High
• NCES district ID: 0618930
• Math proficiency: 50% ▲ 15.00%
• Reading proficiency: 75% ▲ 19.00%
• Median HH income: $82,212
• Composite: 56.13/100
• National rank: #1180
• State rank: #66 of 517 in CA

Livability — Daly City

• Score: 82/100
• State rank: #35
• US rank: #1221

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Daly City, CA
• County: San Mateo County · 733,415 people
• City population: 109,406
• Metro: San Francisco-Oakland-Berkeley, CA
• Population (ZIP): 45,315
• Household income: $122,966
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 1517.0

Population outlook (San Mateo County) Hauer SSP2

• Today (2025): 864,008 people
• By 2030: 910,523 · +5.4%
• By 2040: 997,285 · +15.4%
• By 2050: 1,071,189 · +24.0%
• By 2075: 1,197,206 · +38.6%
• By 2100: 1,192,523 · +38.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: Asian 54% Hispanic / Latino 30% Two or more races 11% White 9% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Lithuanian 1% Scotch-Irish 1%
• Foreign-born: 54% · Canada, China, Vietnam
• Languages at home: 34% English-only · Spanish 23% Tagalog/Filipino 20% Chinese 17%

Political lean MEDSL · San Mateo

• 2024 margin: Solid D (+50.3) · D 73.5% · R 23.2% · Other 3.3%
• 2008→2024 swing: +1.6pp toward D · 2008: 48.7pp · 2024: 50.3pp
• All cycles: 2024: D+50.3 2020: D+57.7 2016: D+57.7 2012: D+44.8 2008: D+48.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1224.05%
• Current HPI: 275.8666
• Rent YoY: ▲ 7.10%
• 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

1 event — show timeline

• 2026-06-11 Listed $488,000 San Francisco MLS

Property tax history

+0.6%/yr

Latest (2024): $608 · -12.5% YoY. Source: county tax records.