61 E Mill Creek LnColevilleCA96107
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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 Coleville at 61 E Mill Creek Ln, Coleville, CA, 96107 uses $56,355 cash to close to unlock $7,301/yr annual cash flow and $608/mo monthly cash flow. Total monthly income runs $1,660/mo, and a $832/mo payment keeps the spread at $608/mo. Purchase price stands at $170,000, and rental yield measures 11.72% with $1,660/mo rent. Return on cash invested shows 32.86% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 172.35% and total cumulative return in cash records $97,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,660/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
1.05 Acres lot
$N/A/sqft
No HOA
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Listed by: Sarah Koontz • Intero Nevada, LLC
Mls Name: NNRMLS
Mls Provider:
Mls ID: #230013090
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