8504 Oak Terrace LnMillvilleCA96062
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderRental yield 7.33%. No single metric is exceptional, but the combination offers a durable, low-volatility return profile suitable for risk-conscious global investors. Ziffy Mortgage's mortgage qualifies on DSCR alone, no U.S. credit history required. Five-year appreciation adds $161,625, and $5,388/yr in principal equity projects total return of $218,991.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.0% |
| Monthly Cash Flow | $(44) | $250 |
City averages based on Millville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,575 |
| Total Monthly Debt Service | $3,386 |
| DSCR Ratio | 1.06x |
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 1976
6.26 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
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 1976
6.26 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: Jennifer C Icenhower • Coldwell Banker Select Real Estate - Redding
Mls Name: SMLS
Mls ID: #25-5064