38123 Conard AveMill CreekCA96061
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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
Investment property for sale in Mill Creek at 38123 Conard Ave, Mill Creek, CA, 96061 offers a 0% rental yield on a $139,999 purchase with $0/mo rent. 48% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96061, Mill Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 405 (100%) |
| Owner Occupied HU | 62 (15.3%) |
| Renter Occupied HU | 21 ( 5.2%) |
| Vacant Housing Units | 322 (79.5%) |
| Median Home Value | $356,522 |
| Average Home Value | $387,419 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
2
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Agustin Gomez • Nikos Krohn Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224097148
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.