For SaleNeutral Deal1 days on market
1040 Morse Ave
1040 Morse Ave, Sacramento, CA 95864, Sacramento, CA 95864
$262,800
Estimate®:$389,500$126,700 Under Market
Listing Price
1040 Morse Ave, Sacramento, CA 95864
Loc: Sacramento, CA
Days Listed
1
Tax Assessed
$173k
Estimate®
$390k
33% Under Valued
Lot Size
6,534 sqft
Rent Estimate
$2,278/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Thomas Edison Elementary School
K-8
0.2 mi away
1
Encina Preparatory High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storystucco exteriorvertical sidingattached garagefront yardmature treeshutter accentssuburbanresidentialfixer-uppermailbox
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.83%
Total ROI
107.3%
Cash Flow
$132/mo
DSCR
1.10
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $132/mo net cash flow with a 6.8% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.8%)
- • Strong rental demand in Sacramento
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $262,800 | $243 |
| 1992-04-30 | Sold | $96,000 | $89 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $173,121 |
| 2025 | $2,027.42 | $169,727 |
| 2024 | $2,008.38 | $166,400 |
| 2023 | $1,957.52 | $163,138 |
| 2022 | $1,947.38 | $159,940 |
| 2021 | $1,915.22 | $156,804 |
| 2020 | $1,879.58 | $155,197 |
| 2019 | $1,841.92 | $152,155 |
| 2018 | $1,818.04 | $149,173 |
| 2017 | $1,803.08 | $146,249 |
| 2016 | $1,684.52 | $143,382 |
| 2015 | $1,648.48 | $141,229 |
| 2014 | $1,648.48 | $138,464 |
| 2013 | $0 | $137,839 |
| 2012 | $0 | $124,539 |
| 2011 | $0 | $132,489 |
| 2010 | $0 | $131,499 |
| 2008 | $0 | $129,228 |
| 2007 | $0 | $126,695 |
| 2006 | $0 | $124,212 |
| 2005 | $0 | $121,778 |
| 2004 | $0 | $119,391 |
| 2003 | $0 | $117,204 |
| 2002 | $0 | $114,907 |
| 2001 | $0 | $96,000 |
| 2000 | $0 | $92,802 |
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