4604 Millner WayElk GroveCA95757
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing4604 Millner Way, Elk Grove, CA, 95757 in Elk Grove is a stable, well-positioned rental at $600,000. Rental yield 6.73%. DSCR 1.25 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $165,769 in value and $5,526/yr in principal paydown builds equity, a total projected return of $205,124.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 5.5% |
| Monthly Cash Flow | $(348) | $300 |
City averages based on Elk Grove market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,364 |
| Total Monthly Debt Service | $3,473 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2005
5,776 sqft lot
$N/A/sqft
No HOA
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 2005
5,776 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Velasco • RE/MAX Gold Elk Grove
Mls Name: MetroList Services of CA
Mls ID: #226010537