7576 Bear Creek WayMillvilleCA96062
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
Investment Highlights
Investment property for sale in Millville at 7576 Bear Creek Way, Millville, CA, 96062 offers a 3.16% rental yield on a $1,295,000 purchase with $3,408/mo rent. 21% in year one. Equity gained on principal adds $8,356/yr while 5% annual appreciation supports $357,785 over five years. Portfolio math shows five-year ROI at 34.63% and total cumulative return in cash at $145,290. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,408/mo property income against a $6,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
350 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96062, Millville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 432 (100%) |
| Owner Occupied HU | 340 (78.7%) |
| Renter Occupied HU | 53 (12.3%) |
| Vacant Housing Units | 39 ( 9.0%) |
| Median Home Value | $534,000 |
| Average Home Value | $605,353 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn P Clark • Shasta Sotheby's International Realty
Mls Name: SMLS
Mls ID: #25-4781