1901 Dayton Rd #6 · Durham, CA 95926

$69,000

2 bd · 2.0 ba · 1,440 sqft · Manufactured public records · 205 Days on market

Built 1979 $48/sqft · 5% below area Est $73k · 5% under ↓ 27% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +9.8/15.0
• Schools +4.6/10.0
• Rent growth +3.5/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience tranquility in the 55+ Chico Mobile Country Club, peacefully situated on the outskirts of Chico. This beautifully maintained 2-bedroom, 2-bath, 1,440-square-foot manufactured home features newer flooring throughout, an open and inviting layout, and a wheelchair lift providing enhanced accessibility and ease of entry, supporting ADA-conscious living. The kitchen offers timeless white cabinetry with abundant storage and generous counter space—perfect for cooking and entertaining. The spacious living and dining areas flow seamlessly together, with the flexibility for a second dining space enhanced by elegant built-ins. Large windows fill the home with natural light, creating a warm and welcoming atmosphere ideal for gathering with family and friends. Enjoy the convenience of a fully equipped laundry room with built-in storage, a desk area, and direct access to the carport. Step outside to a well-crafted patio accented with durable wrought iron railing, offering both charm and lasting quality. The primary suite features an oversized walk-in closet, a separate vanity area, and an ensuite bathroom complete with a walk-in shower and a generous soaking tub. Recent upgrades include a new HVAC system (2024), a newer roof, and brand-new windows (2025), providing comfort and peace of mind for years to come. A charming front porch overlooks the spacious yard, home to a beloved orange tree known throughout the neighborhood for its delicious fruit. Residents can also enjoy an array of community amenities, including a pool, hot tub, fitness center, hair salon, RV parking, and more. This community offers the perfect blend of comfort, convenience, accessibility, and a true sense of belonging.

Key facts

• Newer flooring
• Natural light
• Elegant built-ins

Tags

• NEWER FLOORING
• TIMELESS WHITE CABINETRY
• ABUNDANT STORAGE
• GENEROUS COUNTER SPACE
• ELEGANT BUILT-INS
• NATURAL LIGHT

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $69k.

Deal economics

• At list price, monthly cash flow is $652 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $69k).
• Recommended offer: $61k (12.0% below list) — sets the bar for market timing.
• Cap rate 19.8% vs local median 1.6% in Durham — 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 58/100 on livability (#714 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Chico Unified (urban): math 40% / reading 70% proficiency, ranked #117 of 517 in CA (top 23%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+4.0%/yr); 90 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 946 units permitted in Butte County in 2024 (254 in 5+ unit buildings).
• This rent runs 31% of the median local income ($62k/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 $477 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Butte County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 205 days — a 12% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y ago; this cycle's ask has dropped $20k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $122/mo.
• Climate carrying-cost: in FEMA flood zone AO (mandatory federal flood insurance); severe wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $60,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 205 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
7. 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.
8. 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: 2.32% ✓
• Cap rate: 19.76%
• Cash-on-cash: 48.08%
• DSCR: 3.14
• GRM: 3.6

CMA / ARV

• ARV (median comp): $72,659
• List price: $69,000
• Delta: -5.04%
• Verdict: FAIR
• Comps: 6 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1901 Dayton Rd #4	0.02mi	2/2.0	1,440 (0%)	10mo	$52,500	$36	91
1901 Dayton Rd #86	0.02mi	2/2.0	1,392 (-3%)	9mo	$42,500	$31	86
1901 Dayton #170	0.18mi	2/2.0	1,488 (+3%)	1mo	$135,000	$91	85
1901 Dayton Rd #1	0.05mi	2/2.0	1,440 (0%)	17mo	$59,000	$41	84
1901 Dayton Rd #141	0.14mi	2/2.0	1,440 (0%)	12mo	$50,000	$35	83
1901 Dayton Rd #15	0.06mi	2/2.0	1,380 (-4%)	10mo	$125,000	$91	82
1901 Dayton Rd #132	0.16mi	2/2.0	1,377 (-4%)	8mo	$30,700	$22	79
1901 Dayton Rd #36	0.24mi	2/2.0	1,440 (0%)	15mo	$42,000	$29	76
1901 Dayton Rd #114	0.13mi	2/2.0	1,344 (-7%)	9mo	$95,000	$71	76
1901 Dayton #128	0.13mi	3/2.0 (+1)	1,556 (+8%)	0mo	$95,000	$61	76
1901 Dayton Rd #122	0.11mi	2/2.0	1,344 (-7%)	12mo	$37,000	$28	74
1901 Dayton Rd #97	0.11mi	3/2.0 (+1)	1,490 (+4%)	20mo	$108,000	$72	67

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 · 3.98% rent growth · sell at horizon

5-year hold

• IRR: 38.2%
• Equity multiple: 2.66×
• Total profit: $32,036
• Equity at exit: $10,288

10-year hold

• IRR: 45.3%
• Equity multiple: 5.58×
• Total profit: $88,456
• Equity at exit: $5,966

Cash invested: $19,320 (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 95926

• Rents YoY: 4.0%
• Active inventory: 90
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $1,599 medium
• Mortgage (P&I): −$362
• Tax from tax record: −$99 /mo · $1,183/yr
• Insurance: −$29
• Flood insurance flood zone: −$122 /mo · $1,468/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $652

Break-even live

Break-even rent $774

Max offer price $69,000

Occupancy floor 54%

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: $17,250
• Closing costs: $2,070
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
47 Cobblestone Dr Chico, CA	2.0–4.0	1.0–2.0	1125	$1,660	$1.48	13d	1	1.33mi
1033 W 5th St Chico, CA	1.0–3.0	1.0–3.0	1375	$1,708	$1.24	43d	1	1.45mi

Listing history 27 events

1. 2026-06-19
   days on market $69,000 Active 205 DOM
2. 2026-06-18
   days on market $69,000 Active 204 DOM
3. 2026-06-17
   days on market $69,000 Active 203 DOM
4. 2026-06-16
   days on market $69,000 Active 202 DOM
5. 2026-06-15
   days on market $69,000 Active 201 DOM
6. 2026-06-14
   days on market $69,000 Active 199 DOM
7. 2026-06-13
   days on market $69,000 Active 198 DOM
8. 2026-06-10
   days on market $69,000 Active 196 DOM
9. 2026-06-08
   days on market $69,000 Active 194 DOM
10. 2026-06-07
    days on market $69,000 Active 193 DOM
11. 2026-06-05
    days on market $69,000 Active 190 DOM
12. 2026-06-02
    days on market $69,000 Active 188 DOM
13. 2026-06-01
    days on market $69,000 Active 187 DOM
14. 2026-05-31
    days on market $69,000 Active 186 DOM
15. 2026-05-30
    days on market $69,000 Active 185 DOM
16. 2026-05-01
    price $69,000 1720-char remark

    Show marketing remark (1720 chars)

    Experience tranquility in the 55+ Chico Mobile Country Club, peacefully situated on the outskirts of Chico. This beautifully maintained 2-bedroom, 2-bath, 1,440-square-foot manufactured home features newer flooring throughout, an open and inviting layout, and a wheelchair lift providing enhanced accessibility and ease of entry, supporting ADA-conscious living. The kitchen offers timeless white cabinetry with abundant storage and generous counter space—perfect for cooking and entertaining. The spacious living and dining areas flow seamlessly together, with the flexibility for a second dining space enhanced by elegant built-ins. Large windows fill the home with natural light, creating a warm and welcoming atmosphere ideal for gathering with family and friends. Enjoy the convenience of a fully equipped laundry room with built-in storage, a desk area, and direct access to the carport. Step outside to a well-crafted patio accented with durable wrought iron railing, offering both charm and lasting quality. The primary suite features an oversized walk-in closet, a separate vanity area, and an ensuite bathroom complete with a walk-in shower and a generous soaking tub. Recent upgrades include a new HVAC system (2024), a newer roof, and brand-new windows (2025), providing comfort and peace of mind for years to come. A charming front porch overlooks the spacious yard, home to a beloved orange tree known throughout the neighborhood for its delicious fruit. Residents can also enjoy an array of community amenities, including a pool, hot tub, fitness center, hair salon, RV parking, and more. This community offers the perfect blend of comfort, convenience, accessibility, and a true sense of belonging.

17. 2026-03-23
    price $79,000 1720-char remark

    Show marketing remark (1720 chars)

    Experience tranquility in the 55+ Chico Mobile Country Club, peacefully situated on the outskirts of Chico. This beautifully maintained 2-bedroom, 2-bath, 1,440-square-foot manufactured home features newer flooring throughout, an open and inviting layout, and a wheelchair lift providing enhanced accessibility and ease of entry, supporting ADA-conscious living. The kitchen offers timeless white cabinetry with abundant storage and generous counter space—perfect for cooking and entertaining. The spacious living and dining areas flow seamlessly together, with the flexibility for a second dining space enhanced by elegant built-ins. Large windows fill the home with natural light, creating a warm and welcoming atmosphere ideal for gathering with family and friends. Enjoy the convenience of a fully equipped laundry room with built-in storage, a desk area, and direct access to the carport. Step outside to a well-crafted patio accented with durable wrought iron railing, offering both charm and lasting quality. The primary suite features an oversized walk-in closet, a separate vanity area, and an ensuite bathroom complete with a walk-in shower and a generous soaking tub. Recent upgrades include a new HVAC system (2024), a newer roof, and brand-new windows (2025), providing comfort and peace of mind for years to come. A charming front porch overlooks the spacious yard, home to a beloved orange tree known throughout the neighborhood for its delicious fruit. Residents can also enjoy an array of community amenities, including a pool, hot tub, fitness center, hair salon, RV parking, and more. This community offers the perfect blend of comfort, convenience, accessibility, and a true sense of belonging.

18. 2026-02-03
    price $85,000 1720-char remark

    Show marketing remark (1720 chars)

    Experience tranquility in the 55+ Chico Mobile Country Club, peacefully situated on the outskirts of Chico. This beautifully maintained 2-bedroom, 2-bath, 1,440-square-foot manufactured home features newer flooring throughout, an open and inviting layout, and a wheelchair lift providing enhanced accessibility and ease of entry, supporting ADA-conscious living. The kitchen offers timeless white cabinetry with abundant storage and generous counter space—perfect for cooking and entertaining. The spacious living and dining areas flow seamlessly together, with the flexibility for a second dining space enhanced by elegant built-ins. Large windows fill the home with natural light, creating a warm and welcoming atmosphere ideal for gathering with family and friends. Enjoy the convenience of a fully equipped laundry room with built-in storage, a desk area, and direct access to the carport. Step outside to a well-crafted patio accented with durable wrought iron railing, offering both charm and lasting quality. The primary suite features an oversized walk-in closet, a separate vanity area, and an ensuite bathroom complete with a walk-in shower and a generous soaking tub. Recent upgrades include a new HVAC system (2024), a newer roof, and brand-new windows (2025), providing comfort and peace of mind for years to come. A charming front porch overlooks the spacious yard, home to a beloved orange tree known throughout the neighborhood for its delicious fruit. Residents can also enjoy an array of community amenities, including a pool, hot tub, fitness center, hair salon, RV parking, and more. This community offers the perfect blend of comfort, convenience, accessibility, and a true sense of belonging.

19. 2025-12-20
    status Active 1720-char remark

    Show marketing remark (1720 chars)

    Experience tranquility in the 55+ Chico Mobile Country Club, peacefully situated on the outskirts of Chico. This beautifully maintained 2-bedroom, 2-bath, 1,440-square-foot manufactured home features newer flooring throughout, an open and inviting layout, and a wheelchair lift providing enhanced accessibility and ease of entry, supporting ADA-conscious living. The kitchen offers timeless white cabinetry with abundant storage and generous counter space—perfect for cooking and entertaining. The spacious living and dining areas flow seamlessly together, with the flexibility for a second dining space enhanced by elegant built-ins. Large windows fill the home with natural light, creating a warm and welcoming atmosphere ideal for gathering with family and friends. Enjoy the convenience of a fully equipped laundry room with built-in storage, a desk area, and direct access to the carport. Step outside to a well-crafted patio accented with durable wrought iron railing, offering both charm and lasting quality. The primary suite features an oversized walk-in closet, a separate vanity area, and an ensuite bathroom complete with a walk-in shower and a generous soaking tub. Recent upgrades include a new HVAC system (2024), a newer roof, and brand-new windows (2025), providing comfort and peace of mind for years to come. A charming front porch overlooks the spacious yard, home to a beloved orange tree known throughout the neighborhood for its delicious fruit. Residents can also enjoy an array of community amenities, including a pool, hot tub, fitness center, hair salon, RV parking, and more. This community offers the perfect blend of comfort, convenience, accessibility, and a true sense of belonging.

20. 2025-11-26
    listed $89,000 Active 1720-char remark

    Show marketing remark (1720 chars)

    Experience tranquility in the 55+ Chico Mobile Country Club, peacefully situated on the outskirts of Chico. This beautifully maintained 2-bedroom, 2-bath, 1,440-square-foot manufactured home features newer flooring throughout, an open and inviting layout, and a wheelchair lift providing enhanced accessibility and ease of entry, supporting ADA-conscious living. The kitchen offers timeless white cabinetry with abundant storage and generous counter space—perfect for cooking and entertaining. The spacious living and dining areas flow seamlessly together, with the flexibility for a second dining space enhanced by elegant built-ins. Large windows fill the home with natural light, creating a warm and welcoming atmosphere ideal for gathering with family and friends. Enjoy the convenience of a fully equipped laundry room with built-in storage, a desk area, and direct access to the carport. Step outside to a well-crafted patio accented with durable wrought iron railing, offering both charm and lasting quality. The primary suite features an oversized walk-in closet, a separate vanity area, and an ensuite bathroom complete with a walk-in shower and a generous soaking tub. Recent upgrades include a new HVAC system (2024), a newer roof, and brand-new windows (2025), providing comfort and peace of mind for years to come. A charming front porch overlooks the spacious yard, home to a beloved orange tree known throughout the neighborhood for its delicious fruit. Residents can also enjoy an array of community amenities, including a pool, hot tub, fitness center, hair salon, RV parking, and more. This community offers the perfect blend of comfort, convenience, accessibility, and a true sense of belonging.

21. 2024-10-23
    historical
22. 2024-10-07
    price $98,000
23. 2024-09-27
    listed $101,000 Active
24. 2020-10-26
    soldstatus $95,000 Closed Sale
25. 2020-10-08
    status Pending Sale
26. 2020-09-05
    historical Active Under Contract
27. 2020-08-26
    listed $95,000 Active

ⓘ 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: $1,183 · $99/mo
• Projected year-2 tax: $1,183 · $99/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone AO · 96% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 37 unhealthy d/yr today · 41 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,189
• − Mortgage interest: −$3,865
• − Property taxes: −$1,183
• − Insurance: −$1,813
• − Repairs & maintenance: −$1,535
• − Management: −$1,535
• − Depreciation: −$2,007
• Taxable income: $7,252
• Est. tax owed @ 24.0%: −$1,740
• After-tax cash flow: $6,082/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: Chico Unified
• NCES district ID: 0608370
• Math proficiency: 40% ▼ -2.00%
• Reading proficiency: 70% ▲ 14.00%
• Median HH income: $46,223
• Composite: 46.45/100
• National rank: #2443
• State rank: #117 of 517 in CA

Livability — Durham

• Score: 58/100
• State rank: #714
• US rank: #21351

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Butte County · 175,030 people
• City population: 41,860
• Metro: Chico, CA
• Population (ZIP): 40,567
• Household income: $61,920
• Rent vs Own: 59.5% rent · 40.5% own
• Severe rent burden: 3912.0

Population outlook (Butte County) Hauer SSP2

• Today (2025): 237,527 people
• By 2030: 243,804 · +2.6%
• By 2040: 253,899 · +6.9%
• By 2050: 262,561 · +10.5%
• By 2075: 283,709 · +19.4%
• By 2100: 282,689 · +19.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 20% Two or more races 13% Asian 6% Black 3%
• Hispanic origin (detail): Mexican 16% Puerto Rican 1%
• Common ancestry: Italian 4% Portuguese 3% Lithuanian 2%
• Foreign-born: 7% · Canada, China
• Languages at home: 83% English-only · Spanish 10% Other Asian/Pacific 2% Chinese 1%

Political lean MEDSL · Butte

• 2024 margin: Toss-up / Even · D 46.8% · R 49.9% · Other 3.3%
• 2008→2024 swing: -5.5pp toward R · 2008: 2.4pp · 2024: -3.1pp
• All cycles: 2024: R+3.1 2020: D+1.7 2016: R+4.0 2012: R+3.9 2008: D+2.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -453.39%
• Current HPI: 256.0261
• Rent YoY: ▲ 3.98%
• Metro: Chico, 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

-27.4% since first listed

12 events — show timeline

• 2026-05-01 Price Changed $69,000 CRMLS
• 2026-03-23 Price Changed $79,000 CRMLS
• 2026-02-03 Price Changed $85,000 CRMLS
• 2025-12-20 Relisted — CRMLS
• 2025-11-26 Listed $89,000 CRMLS
• 2024-10-23 Listing Removed — CRMLS
• 2024-10-07 Price Changed $98,000 CRMLS
• 2024-09-27 Listed $101,000 CRMLS
• 2020-10-26 Sold (MLS) $95,000 CRMLS
• 2020-10-08 Pending — CRMLS
• 2020-09-05 Contingent — CRMLS
• 2020-08-26 Listed $95,000 CRMLS

Property tax history

+11.7%/yr

Latest (2025): $1,183 · +6.4% YoY. Source: county tax records.