38368 Beresford WayMill CreekCA96061
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
Investment property for sale in Mill Creek at 38368 Beresford Way, Mill Creek, CA, 96061 with 5% annual appreciation on a $429,000 basis while $4,058/mo rent supports operations. Total monthly income totals $4,058/mo and a $2,100/mo payment preserves $1,404/mo for cash returns. Annual cash flow comes to $16,846/yr on $142,214 deployed, and return on cash invested reaches 31.75% in year one. Equity gained on principal adds $2,768/yr, and five-year appreciation sums $118,525 alongside rental yield of 11.35%. Five-year ROI measures 166.36% and total cumulative return in cash totals $236,581.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,058/mo property income versus a $2,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.38 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Ann Hunt • Re/Max Top Properties
Mls Name: Tehama County AOR
Mls ID: #20250337
Disclaimer: Copyright Tehama County Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.