38790 Aspen Ln WMill 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 38790 Aspen Ln W, Mill Creek, CA, 96061 listed at $209,000 pairs $0/mo rent with a $1,023/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -11.15% in year one, and rental yield registers 0% at a $209,000 basis. Equity gained on principal adds $1,349/yr, and annual property appreciation at 5% supports $57,743 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.63 Acres lot
$N/A/sqft
$500 monthly 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Michelle Johnson • Coldwell Banker C & C Properties - Red Bluff
Mls Name: Tehama County AOR
Mls ID: #20250295
Disclaimer: Copyright Tehama County Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.