4641 Meadland Dr · Camino, CA 95667

$150,000

2 bd · 1.0 ba · 1,000 sqft · Land · 10 Days on market

Built 1964 1.51 ac lot

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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 +28.9/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Rent growth +5.0/5.0
• Schools +3.2/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Tucked into the peaceful beauty of Placerville, 4641 Meadland Dr is full of potential and waiting for the right vision to bring it to life. Sitting on 1.51 acres of usable land, this 2 bedroom, 1 bathroom home offers 1,000 sq ft of opportunity in a setting that feels like a breath of fresh air. Inside, the layout flows easily from the kitchen, complete with stainless steel appliances and butcher block countertops, into the dining area and spacious living room anchored by a cozy fireplace. Natural light pours into the bedrooms, creating a bright and inviting feel throughout. While the home does need work, that's exactly where the opportunity lieswhether you're looking to renovate, invest, or

Key facts

• Expansive lot
• Quiet and privacy
• Hiking trails

Tags

• STAINLESS STEEL APPLIANCES
• BUTCHER BLOCK COUNTERTOPS
• EXPANSIVE LOT
• QUIET AND PRIVACY
• HIKING TRAILS

Property features AI

Finance

• Other: Property listed as residential (manufactured home)
• HOA & community: No homeowners association; Not a senior community

Exterior

• Parking: Attached and detached garage options; 1 garage space
• Utilities: Owned propane tank; Electric: Other; Well water; Septic system; Irrigation: Other
• Home design: Manufactured detached home; Single-story
• Construction: Built in 1964; Other roof type
• Exterior features: Dead-end lot; No private pool or spa; Does not allow horses

Interior

• Kitchen: Hood over range; Dishwasher; Disposal; Free‑standing gas oven
• Bedrooms: 2 bedrooms (main level)
• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom with closet storage
• Heating & cooling: Central air conditioning; Ceiling fans; Fireplace heating
• Interior features: Great room living area; Butcher block kitchen counters; Dining and family room combined; Brick fireplace (one)
• Laundry & utility: Electric laundry hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath land listed at $150k.

Deal economics

• At list price, monthly cash flow is $443 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 10.4% vs local median 2.5% in Camino — 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 62/100 on livability (#480 in CA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Gold Oak Union Elementary (rural): math 25% / reading 44% proficiency, ranked #262 of 517 in CA (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+12.5%/yr); 352 active listings in the ZIP; solid renter incomes; 437 units permitted in El Dorado County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• El Dorado County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $42k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $80k; list at $150k implies a 88% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; 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.

Recommended offer $150,000

Questions for the listing agent

1. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-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?
5. 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.
6. 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.
7. 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: 1.22% ✓
• Cap rate: 10.37%
• Cash-on-cash: 14.57%
• DSCR: 1.65
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 7.8%
• Equity multiple: 1.32×
• Total profit: $13,609
• Equity at exit: $22,365

10-year hold

• IRR: 21.0%
• Equity multiple: 3.20×
• Total profit: $92,226
• Equity at exit: $12,969

Cash invested: $42,000 (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 95667

• Rents YoY: 12.5%
• Active inventory: 352
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,828 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$85 /mo · $1,025/yr
• Insurance: −$62
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $443

Break-even live

Break-even rent $1,267

Max offer price $150,000

Occupancy floor 71%

Sensitivity live

Price	-10% $528	-5% $486	+0% $443	+5% $401	+10% $359
Rent	-10% $299	-5% $371	+0% $443	+5% $516	+10% $588
Rate	-1.0pp $519	-0.5pp $482	base $443	+0.5pp $405	+1.0pp $365

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2018-01-22
   soldstatus $80,000
2. 1986-01-28
   soldstatus $62,500

ⓘ 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: $1,025 · $85/mo
• Projected year-2 tax: $1,140 · $95/mo
• Expected delta: +$115/yr (+$10/mo · 11.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 27 unhealthy d/yr today · 32 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,942
• − Mortgage interest: −$8,402
• − Property taxes: −$1,025
• − Insurance: −$1,547
• − Repairs & maintenance: −$1,755
• − Management: −$1,755
• − Depreciation: −$4,364
• Taxable income: $3,092
• Est. tax owed @ 24.0%: −$742
• After-tax cash flow: $4,580/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: Gold Oak Union Elementary
• NCES district ID: 0615390
• Math proficiency: 25% ▼ -16.00%
• Reading proficiency: 44% ▼ -7.00%
• Median HH income: $68,012
• Composite: 31.58/100
• National rank: #5948
• State rank: #262 of 517 in CA

Livability — Camino

• Score: 62/100
• State rank: #480
• US rank: #16253

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: El Dorado County · 144,198 people
• Metro: Sacramento-Roseville-Folsom, CA
• Population (ZIP): 36,830
• Household income: $89,938
• Rent vs Own: 24.7% rent · 75.3% own
• Severe rent burden: 1147.0

Population outlook (El Dorado County) Hauer SSP2

• Today (2025): 191,666 people
• By 2030: 193,662 · +1.0%
• By 2040: 192,583 · +0.5%
• By 2050: 185,904 · -3.0%
• By 2075: 169,543 · -11.5%
• By 2100: 139,623 · -27.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 14% Two or more races 8% Native American 1%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Italian 4% Slovak 4% Lithuanian 3%
• Foreign-born: 6% · Canada, China
• Languages at home: 92% English-only · Spanish 6%

Political lean MEDSL · El Dorado

• 2024 margin: R (+12.0) · D 42.6% · R 54.6% · Other 2.8%
• 2008→2024 swing: -1.5pp toward R · 2008: -10.5pp · 2024: -12.0pp
• All cycles: 2024: R+12.0 2020: R+8.8 2016: R+13.9 2012: R+18.2 2008: R+10.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -480.50%
• Current HPI: 262.6014
• Rent YoY: ▲ 12.48%
• 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

Price history

+28.0% since first listed

2 events — show timeline

• 2018-01-22 Sold (Public Records) $80,000 Public Records
• 1986-01-28 Sold (Public Records) $62,500 Public Records

Property tax history

+0.2%/yr

Latest (2025): $1,025 · +1.9% YoY. Source: county tax records.