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907 Bourn Dr #99
C Composite 58.39
Why this score? — see what drove the C 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 +26.4/30.0
  • DSCR +9.0/10.0
  • 1% rule +7.1/10.0
  • Condition / age +4.8/5.0
  • Schools +4.0/10.0
  • Rent growth +3.9/5.0
  • Livability +3.4/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$269,950

907 Bourn Dr #99 · Woodland, CA 95776
4 bd · 2.0 ba · 1,326 sqft · Manufactured · 37 Days on market
Built 2025 Excellent condition $204/sqft · 37% above area Est $197k · 37% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to this brand new 2025 Clayton Tempo Series double wide located in the Idle Wheel Mobile Home Community with affordable space rent of only $995 per month. This spacious open concept floor plan offers 4 bedrooms and 2 bathrooms designed for comfortable everyday living and entertaining. The modern kitchen and living room combo features stainless steel appliances, a hood over the range, stylish light fixtures, recessed lighting throughout, a large kitchen island, and an abundance of cabinets for storage. The primary suite offers a walk in closet and a private ensuite bathroom complete with double sinks and a shower stall. Additional highlights include an indoor utility room with washer

Key facts

  • Large kitchen island
  • Walk in closet
  • Modern kitchen

Tags

OPEN CONCEPT FLOOR PLANMODERN KITCHENSTAINLESS STEEL APPLIANCESLARGE KITCHEN ISLANDWALK IN CLOSETPRIVATE ENSUITE BATHROOM

Property features AI

Finance

  • Other: Lot features: None
  • Financial info: Land lease: No
  • HOA & community: No homeowners association; Not a senior community

Exterior

  • Parking: Assigned parking
  • Utilities: Electric: Other; Public water; Public sewer
  • Home design: Manufactured in-park, double wide; Clayton (CMH Manufacturing West Inc.) make; Wood skirting; Built in 2025
  • Construction: Composition roof; Wood skirting
  • Exterior features: Composition roof

Interior

  • Kitchen: Free-standing gas range; Free-standing gas oven; Free-standing refrigerator; Range hood; Dishwasher
  • Bedrooms: 4 bedrooms
  • Flooring: Carpet; Linoleum
  • Bathrooms: 2 full bathrooms; Bathtub with shower over
  • Heating & cooling: Central heating; No cooling
  • Interior features: Great room living area; Synthetic kitchen counters; Pets allowed with limits
  • Laundry & utility: Indoor laundry area/room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath manufactured listed at $270k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $705 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $270k).
  • Recommended offer: $262k (3.0% below list) — sets the bar for market timing.
  • Cap rate 9.4% vs local median 3.4% in Woodland — 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 67/100 on livability (#314 in CA) — a middle-class / working-renter tenant base. Strengths: employment A, housing A; Watch: amenities C-, schools F, cost of living F.
  • Woodland Joint Unified (suburban): math 34% / reading 58% proficiency, ranked #171 of 517 in CA (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+5.4%/yr); 96 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 721 units permitted in Yolo County in 2024 (260 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($107k/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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Yolo County population projected at +31% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 5.4% rent growth), your $76k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 37 days — a 3% lower offer ($262k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: moderate 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 $261,851 (3.0% below list)

Questions for the listing agent

  1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.21%
Cap rate
9.43%
Cash-on-cash
11.19%
DSCR
1.50
GRM
6.9

CMA / ARV

ARV (median comp)
$197,000
List price
$269,950
Delta
37.03%
Verdict
OVERPRICED
Comps
5 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
907 Bourn Dr #3 0.16mi 3/2.0 (-1) 1,248 (-6%) 16mo $230,000 $184 64

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 · 5.4% rent growth · sell at horizon

5-year hold
IRR
3.1%
Equity multiple
1.12×
Total profit
$9,260
Equity at exit
$40,250
10-year hold
IRR
14.8%
Equity multiple
2.33×
Total profit
$100,770
Equity at exit
$23,340

Cash invested: $75,586 (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 95776

Home prices YoY
-30.2%
Rents YoY
5.4%
Active inventory
96
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$3,254 medium interval (Pro) →
Mortgage (P&I)
$1,416
Tax est. 1.5%
$337 /mo · $4,049/yr
Insurance
$112
HOA
$0
Vacancy / Maint / Mgmt
$683
Net cashflow
$705

Break-even live

Break-even rent $2,361
Max offer price $269,950
Occupancy floor 73%

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
$67,488
Closing costs
$8,098
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1080 Barnes Cir Woodland, CA 3.0 2.0 1242 $2,700 $2.17 4d 1 0.17mi
1455 Hoover Ct Woodland, CA 3.0 2.0 1100 $2,700 $2.45 17d 1 0.74mi
2123 Sieber Dr Woodland, CA 4.0 2.5 1760 $2,900 $1.65 14d 1 1.50mi
2123 Sieber Dr Woodland, CA 4.0 3.0 1760 $3,000 $1.70 17d 1 1.50mi

Listing history 14 events

  1. 2026-06-19
    price $269,950 Active 37 DOM
  2. 2026-06-18
    days on market $279,950 Active 37 DOM
  3. 2026-06-17
    days on market $279,950 Active 36 DOM
  4. 2026-06-16
    days on market $279,950 Active 35 DOM
  5. 2026-06-15
    days on market $279,950 Active 34 DOM
  6. 2026-06-13
    days on market $279,950 Active 32 DOM
  7. 2026-06-09
    days on market $279,950 Active 28 DOM
  8. 2026-06-08
    days on market $279,950 Active 27 DOM
  9. 2026-06-07
    days on market $279,950 Active 26 DOM
  10. 2026-06-05
    days on market $279,950 Active 23 DOM
  11. 2026-06-03
    days on market $279,950 Active 22 DOM
  12. 2026-06-02
    days on market $279,950 Active 21 DOM
  13. 2026-06-01
    days on market $279,950 Active 20 DOM
  14. 2026-05-31
    days on market $279,950 Active 19 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 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 28 unhealthy d/yr today · 29 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
$39,048
− Mortgage interest
−$15,121
− Property taxes
−$4,049
− Insurance
−$1,350
− Repairs & maintenance
−$3,124
− Management
−$3,124
− Depreciation
−$7,853
Taxable income
$4,427
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,062
After-tax cash flow
$7,399/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.

Condition & rehab AI · 30 photos

Excellent 95/100 None rehab

This brand new 2025 Clayton Tempo Series double wide is move-in ready with excellent condition and modern features. It offers a spacious open concept floor plan, modern kitchen, and two bathrooms. The home is located in a desirable community with affordable space rent. Consider painting the exterior and interior for further value enhancement.

Value-add opportunities

  • Both Painting the exterior siding — Enhances curb appeal and value
  • Both Landscaping improvements — Enhances curb appeal and value
  • Both Flooring replacement in living areas — Improves aesthetics and value
  • Both Painting interior walls — Enhances appearance and value

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior siding — Enhances curb appeal and value
  • Both Landscaping improvements — Enhances curb appeal and value
  • Both Flooring replacement in living areas — Improves aesthetics and value
  • Both Painting interior walls — Enhances appearance and value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Woodland Joint Unified
NCES district ID
0643080
Math proficiency
34% ▲ 6.00%
Reading proficiency
58% ▲ 15.00%
Median HH income
$57,556
Composite
40.1/100
National rank
#3803
State rank
#171 of 517 in CA

Livability — Woodland

Score
67/100
State rank
#314
US rank
#10682

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Woodland, CA
County
Yolo County · 212,115 people
City population
66,420
Metro
Sacramento-Roseville-Folsom, CA
Population (ZIP)
28,718
Household income
$106,698
Rent vs Own
31.9% rent · 68.1% own
Severe rent burden
654.0

Population outlook (Yolo County) Hauer SSP2

Today (2025)
242,183 people
By 2030
257,662 · +6.4%
By 2040
288,050 · +18.9%
By 2050
318,202 · +31.4%
By 2075
392,736 · +62.2%
By 2100
438,150 · +80.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.67)
Race & ethnicity
Hispanic / Latino 46% White 32% Two or more races 20% Asian 13% Black 2%
Hispanic origin (detail)
Mexican 43%
Common ancestry
Italian 3% Scotch-Irish 2% Lithuanian 1%
Foreign-born
25% · Canada, China, South Korea
Languages at home
57% English-only · Spanish 31% Other Indo-European 7% Chinese 2%

Political lean MEDSL · Yolo

2024 margin
Solid D (+36.2) · D 66.3% · R 30.1% · Other 3.6%
2008→2024 swing
0.0pp no change · 2008: 36.2pp · 2024: 36.2pp
All cycles
2024: D+36.2 2020: D+41.4 2016: D+42.0 2012: D+33.2 2008: D+36.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -119.41%
Current HPI
276.202
Rent YoY
▲ 5.40%
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

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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