23897 Old DrMillvilleCA96062
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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 23897 Old Dr, Millville, CA, 96062 generates $0/mo in rent, after a $8,786/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.54% in year one, and rental yield is 0% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Donna R Utterback • California Outdoor Properties
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1305
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.