0 State Highway 44MillvilleCA96062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Millville at 0 State Highway 44, Millville, CA, 96062 offers $1,831/mo rent that, after a $764/mo payment, leaves $866/mo cash flow. Total monthly income is $1,831/mo, and annual cash flow is $10,386/yr on $51,714 cash. Return on cash invested measures 39.99% in year one, and rental yield stands at 14.08% at a $156,000 entry. Equity gained on principal adds $1,007/yr while 5% annual appreciation compounds into $43,100 by year five. Five-year ROI records 210.57% and total cumulative return in cash reaches $108,894. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,831/mo property income versus a $764/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
20.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96062, Millville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 432 (100%) |
| Owner Occupied HU | 340 (78.7%) |
| Renter Occupied HU | 53 (12.3%) |
| Vacant Housing Units | 39 ( 9.0%) |
| Median Home Value | $534,000 |
| Average Home Value | $605,353 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie A Maximov • C21 Select Real Estate, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #24-2986
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.