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1597 Alamo Dr #144
B+ Composite 77.96
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 +4.2/10.0
  • Livability +3.9/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Appreciation +0.0/10.0

$145,000

1597 Alamo Dr #144 · Vacaville, CA 95687
2 bd · 2.0 ba · 1,152 sqft · Manufactured · 22 Days on market
Built 1988 Est $199k · 27% under

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

Listing remarks MLS

This well-loved home sits in a tucked away nice Senior park with a pool, spa, club house and pool tables. Home has new flooring throughout as well as fresh interior paint. This cozy bright home is ready to move into.

Key facts

  • Covered deck
  • Newer stove
  • Galley-style kitchen

Tags

COVERED DECKGALLEY-STYLE KITCHENNEWER STOVEUPDATED COUNTERTOPSREFRESHED CABINETRYLAUNDRY ROOM

Property features AI

Finance

  • Financial info: Land lease amount listed
  • HOA & community: No association; Senior community

Exterior

  • Parking: Covered parking for 2 vehicles
  • Utilities: Public sewer; No on-site power production (no solar)
  • Home design: Manufactured in park; Double wide
  • Construction: Fleetwood Sandalwood model; Skirt: Other
  • Exterior features: Located in a manufactured home park (Skylark); Land lease community

Interior

  • Bedrooms: 2 bedrooms
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central cooling
  • Interior features: Laundry hookups only; Tub with shower over
  • Laundry & utility: Washer/dryer hookups (hookups only)

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/2.0-bath manufactured listed at $145k.

Deal economics

  • At list price, monthly cash flow is $846 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $145k).
  • Recommended offer: $143k (1.5% below list) — sets the bar for market timing.
  • Cap rate 13.3% vs local median 3.0% in Vacaville — 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 77/100 on livability (#88 in CA, #3,156 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, employment A+, housing A+; Watch: schools C-, cost of living F.
  • Vacaville Unified (suburban): math 37% / reading 52% proficiency, ranked #522 of 1,400 in CA (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents soft (-0.6%/yr); 263 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,472 units permitted in Solano County in 2024 (131 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.
  • Solano County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $41k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 22 days — a 2% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $89k; list at $145k implies a 63% gain — meaningful room to come down on a strong offer.

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 $142,825 (1.5% 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. 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.
  3. 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.
  4. 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
1.61%
Cap rate
13.29%
Cash-on-cash
25.01%
DSCR
2.11
GRM
5.2

CMA / ARV

ARV (on-the-fly)
$199,296
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7 Calle Francisca 0.34mi 2/2.0 1,152 (0%) 13mo $80,000 $69 73
1597 Alamo Dr #187 0.01mi 2/2.0 1,250 (+8%) 21mo $193,000 $154 68
61 Calle Chapala 0.49mi 3/2.0 (+1) 1,152 (0%) 8mo $179,900 $156 66
123 Calle Chapultepec St 0.43mi 3/2.0 (+1) 1,152 (0%) 12mo $220,000 $191 65
1597 Alamo Dr #157 0.03mi 3/2.0 (+1) 1,293 (+12%) 16mo $199,000 $154 60
91 Calle Jalisco 0.45mi 3/2.0 (+1) 1,248 (+8%) 1mo $229,000 $183 59
118 Calle Chapultepec 0.44mi 3/2.0 (+1) 1,248 (+8%) 3mo $186,000 $149 58
68 Calle Chapala 0.48mi 3/2.0 (+1) 1,152 (0%) 23mo $188,000 $163 54
121 Calle Chapultepec 0.43mi 3/2.0 (+1) 1,248 (+8%) 10mo $234,000 $188 53
163 Avenida Hidalgo Ave 0.44mi 3/2.0 (+1) 1,213 (+5%) 23mo $210,000 $173 47
110 Calle Jalisco 0.44mi 3/2.0 (+1) 1,222 (+6%) 24mo $230,000 $188 45
110 Calle Jalisco 0.46mi 3/2.0 (+1) 1,222 (+6%) 24mo $230,000 $188 44

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
15.0%
Equity multiple
1.58×
Total profit
$23,568
Equity at exit
$21,620
10-year hold
IRR
21.4%
Equity multiple
2.57×
Total profit
$63,555
Equity at exit
$12,537

Cash invested: $40,600 (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 95687

Rents YoY
-0.6%
Active inventory
263
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$2,339 high interval (Pro) →
Mortgage (P&I)
$760
Tax est. 1.5%
$181 /mo · $2,175/yr
Insurance
$60
HOA
$0
Vacancy / Maint / Mgmt
$491
Net cashflow
$846

Break-even live

Break-even rent $1,268
Max offer price $145,000
Occupancy floor 59%

Sensitivity live

Price -10% $946 -5% $896 +0% $846 +5% $796 +10% $746
Rent -10% $661 -5% $754 +0% $846 +5% $938 +10% $1,031
Rate -1.0pp $919 -0.5pp $883 base $846 +0.5pp $808 +1.0pp $770

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
$36,250
Closing costs
$4,350
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 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1567 Alamo Dr #22 Vacaville, CA 1.0 1.0 800 $1,500 $1.88 44d 1 0.10mi
1797 Brookwood Dr Vacaville, CA 3.0 2.0 1258 $2,800 $2.23 14d 1 0.18mi
1510 Alamo Dr Vacaville, CA 2.0 1.5 1047 $2,425 $2.32 14d 2 0.22mi
2001 Eastwood Dr Vacaville, CA 2.0 1.0 896 $1,950 $2.18 24d 2 0.49mi
1970 Peabody Rd #4 Vacaville, CA 2.0 1.0 819 $1,800 $2.20 44d 1 0.49mi
999 Marshall Rd Vacaville, CA 1.0–2.0 1.0–2.0 847 $2,482 $2.93 14d 8 0.61mi
591 Peabody Rd Vacaville, CA 1.0–2.0 1.0–2.0 735 $2,339 $3.18 14d 13 0.64mi
343 Moon River Pl Vacaville, CA 1.0–3.0 1.0–2.5 893 $2,720 $3.05 14d 22 0.64mi
945 Davis St Vacaville, CA 3.0 2.0 1248 $2,800 $2.24 14d 1 0.69mi
901 Sara Ct Vacaville, CA 2.0 1.0–2.0 643 $2,475 $3.85 14d 14 0.90mi
361 Gabiano Ct Vacaville, CA 3.0 2.5 1229 $3,000 $2.44 44d 1 0.98mi
212 Stonyford Dr Vacaville, CA 3.0 2.0 1296 $3,000 $2.31 44d 1 1.02mi
148 Peabody Rd Vacaville, CA 1.0–3.0 1.0–3.0 1046 $2,998 $2.86 3d 15 1.02mi
293 Shasta Dr Vacaville, CA 1.0–2.0 1.0–2.0 735 $2,250 $3.06 14d 5 1.04mi
520 McKnight Ln Vacaville, CA 3.0 2.0 1129 $2,895 $2.56 44d 1 1.16mi
500 Elizabeth St Unit C Vacaville, CA 1.0 1.0 800 $1,995 $2.49 24d 1 1.23mi
116 Elm St Vacaville, CA 2.0 1.0 948 $2,100 $2.22 44d 1 1.25mi
300 Bel Air Dr Vacaville, CA 1.0–2.0 1.0 773 $2,350 $3.04 14d 9 1.25mi
812 Beelard Dr Vacaville, CA 1.0–2.0 1.0 675 $2,150 $3.19 14d 2 1.27mi
1101 Farmington Dr Vacaville, CA 2.0 1.0 900 $2,213 $2.46 14d 1 1.27mi
199 Aegean Way Vacaville, CA 1.0–2.0 1.0 728 $1,975 $2.71 2d 7 1.32mi
432 Zachary Dr Vacaville, CA 3.0 2.0 1100 $2,850 $2.59 44d 1 1.33mi
1701 Marshall Rd Vacaville, CA 1.0–2.0 1.0–2.0 836 $2,496 $2.99 14d 10 1.34mi
800 El Camino Ave Vacaville, CA 2.0–3.0 1.0–2.0 899 $1,795 $2.00 13d 2 1.39mi
209 Aegean Way Vacaville, CA 1.0–2.0 1.0–2.0 760 $2,275 $2.99 2d 12 1.40mi
111 Woodbury Cir Unit 113 Vacaville, CA 2.0 1.0 1000 $2,400 $2.40 44d 1 1.40mi
1000 Allison Dr Vacaville, CA 1.0–2.0 1.0–2.0 990 $3,100 $3.13 14d 15 1.40mi

Listing history 20 events

  1. 2026-06-18
    days on market $145,000 Active 22 DOM
  2. 2026-06-17
    days on market $145,000 Active 21 DOM
  3. 2026-06-16
    days on market $145,000 Active 20 DOM
  4. 2026-06-15
    days on market $145,000 Active 19 DOM
  5. 2026-06-14
    days on market $145,000 Active 17 DOM
  6. 2026-06-13
    days on market $145,000 Active 16 DOM
  7. 2026-06-10
    days on market $145,000 Active 14 DOM
  8. 2026-06-09
    days on market $145,000 Active 13 DOM
  9. 2026-06-08
    days on market $145,000 Active 12 DOM
  10. 2026-06-07
    days on market $145,000 Active 11 DOM
  11. 2026-06-05
    days on market $145,000 Active 8 DOM
  12. 2026-06-03
    days on market $145,000 Active 7 DOM
  13. 2026-06-02
    days on market $145,000 Active 6 DOM
  14. 2026-06-01
    days on market $145,000 Active 5 DOM
  15. 2026-05-31
    days on market $145,000 Active 4 DOM
  16. 2026-05-30
    days on market $145,000 Active 3 DOM
  17. 2026-05-20
    listed $145,000 Active
  18. 2016-11-07
    soldstatus $89,000 Sold 216-char remark
    Show marketing remark (216 chars)

    This well-loved home sits in a tucked away nice Senior park with a pool, spa, club house and pool tables. Home has new flooring throughout as well as fresh interior paint. This cozy bright home is ready to move into.

  19. 2016-10-21
    historical Contingent 216-char remark
    Show marketing remark (216 chars)

    This well-loved home sits in a tucked away nice Senior park with a pool, spa, club house and pool tables. Home has new flooring throughout as well as fresh interior paint. This cozy bright home is ready to move into.

  20. 2016-10-18
    listed $89,000 Active 216-char remark
    Show marketing remark (216 chars)

    This well-loved home sits in a tucked away nice Senior park with a pool, spa, club house and pool tables. Home has new flooring throughout as well as fresh interior paint. This cozy bright home is ready to move into.

ⓘ 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 6/10 Major 7 d/yr ≥101°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 21 unhealthy d/yr today · 22 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$28,072
− Mortgage interest
−$8,122
− Property taxes
−$2,175
− Insurance
−$725
− Repairs & maintenance
−$2,246
− Management
−$2,246
− Depreciation
−$4,218
Taxable income
$8,340
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,002
After-tax cash flow
$8,151/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
Vacaville Unified
NCES district ID
0640590
Math proficiency
37% ▼ -1.00%
Reading proficiency
52% ▲ 2.00%
Median HH income
$71,383
Composite
42.48/100
National rank
#6877
State rank
#522 of 1400 in CA

Livability — Vacaville

Score
77/100
State rank
#88
US rank
#3156

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Vacaville, CA
County
Solano County · 433,239 people
City population
109,591
Metro
Vallejo, CA
Population (ZIP)
69,390
Household income
$109,566
Rent vs Own
33.1% rent · 66.9% own
Severe rent burden
1761.0

Population outlook (Solano County) Hauer SSP2

Today (2025)
478,685 people
By 2030
497,974 · +4.0%
By 2040
528,515 · +10.4%
By 2050
549,115 · +14.7%
By 2075
587,229 · +22.7%
By 2100
571,378 · +19.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.71)
Race & ethnicity
White 44% Hispanic / Latino 26% Two or more races 13% Black 10% Asian 10% Native American 1%
Hispanic origin (detail)
Mexican 18% Puerto Rican 2%
Common ancestry
Italian 13% Lithuanian 2% Portuguese 1%
Foreign-born
12% · Canada, China
Languages at home
80% English-only · Spanish 12% Tagalog/Filipino 3% Other Indo-European 2%

Political lean MEDSL · Solano

2024 margin
Strong D (+23.0) · D 60.0% · R 37.1% · Other 2.9%
2008→2024 swing
-5.6pp toward R · 2008: 28.6pp · 2024: 23.0pp
All cycles
2024: D+23.0 2020: D+30.3 2016: D+30.5 2012: D+28.1 2008: D+28.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -299.59%
Current HPI
268.0777
Rent YoY
▼ -0.55%
Metro
Vallejo, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+62.9% since first listed
4 events — show timeline
  • 2026-05-20 Listed $145,000 BAREIS
  • 2016-11-07 Sold (MLS) $89,000 BAREIS
  • 2016-10-21 Contingent BAREIS
  • 2016-10-18 Listed $89,000 BAREIS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…