38368 Beresford WayMill 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
Total monthly income runs $0/mo, and a $2,325/mo payment. Purchase price stands at $475,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.49% in year one, and 5% annual appreciation builds toward $131,234 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $2,325/mo payment rather than investor’s personal income.
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
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Listed by: Lee Ann Hunt • Re/Max Top Properties
Mls Name: Tehama County AOR
Mls Provider:
Mls ID: #20240398
Disclaimer: Copyright Tehama County Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.