38752 Highway 36Mill CreekCA96061
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 38752 Highway 36, Mill Creek, CA, 96061 in Mill Creek speaks for itself: 13.88% gross on a $157,500 price, generating $1,822/mo in rent and $806/mo in net income after the $708/mo debt service. DSCR 2.57, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,667 stacks alongside $43,514 in projected five-year appreciation and $1,451/yr in principal reduction. Projected total cumulative return: $111,791.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 5.0% |
| Monthly Cash Flow | $806 | $1,200 |
City averages based on Mill Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,822 |
| Total Monthly Debt Service | $953 |
| DSCR Ratio | 1.91x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1938
0.49 Acres lot
$N/A/sqft
$500 annually 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
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
Single Family
Built in 1938
0.49 Acres lot
$N/A/sqft
$500 annually 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