24324 State Highway 44MillvilleCA96062
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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
Total monthly income runs $2,411/mo, and a $2,789/mo payment. Purchase price stands at $569,900, and rental yield measures 5.08% with $2,411/mo rent. Return on cash invested shows 12.93% in year one, and 5% annual appreciation builds toward $157,453 over five years. Five-year ROI reaches 65.37% and total cumulative return in cash records $122,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,411/mo property income covering a $2,789/mo payment rather than investor’s personal income.
Single Family
Built in 1971
20 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
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Nearby investment properties with comparable prices
Listed by: Karli Janc • Relevant Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #25-1809
Disclaimer: Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.