Mill Valley DSCR Loans
Mill Valley is a rental market in Marin County where the median home value is $2,128,617 and the median rent is $5,394 a month. That is a 3.04% gross yield, and it is the figure that decides whether a DSCR loan makes sense in Mill Valley at all. At today's 6.95% rate a median-priced Mill Valley rental returns about 0.40 at 20% down.
Median Home Value
$2,128,617
Median Rent
$5,394
Gross Yield
3.04%
DSCR @ 20% Down
0.40
Sources: Zillow ZHVI, 2026-08-31 · Zillow ZORI, 2026-08-31 · Freddie Mac via FRED (MORTGAGE30US), 6.95% as of 2026-09-17
Mill Valley Rental Economics
Median household income in Mill Valley is $208,466. Roughly 14,064 people live in Mill Valley. Investors looking at Mill Valley are comparing a 3.04% gross yield against a 6.95% cost of borrowing. Where that spread is thin, Mill Valley gets bought for appreciation and held long term rather than bought for monthly cash flow, and the underwriting has to reflect that.
Gross Rental Yield
3.04%
Annual median rent measured against median home value in Mill Valley.
Down Payment for a 0.75 DSCR
65.0%
What Mill Valley financing typically needs to clear a 0.75 ratio.
Median Household Income
$208,466
Census income for Mill Valley.
What DSCR Financing Requires in Mill Valley
A DSCR lender sizes a Mill Valley loan against the rent rather than your personal income. On a median-priced Mill Valley property the ratio lands at 0.40 with 20% down and 0.47 with 35% down, so reaching a 0.75 ratio takes roughly 65% down and reaching 1.0 takes about 78%. These are median-property figures for Mill Valley. A specific deal moves with the rent an appraiser supports and with the taxes and insurance on that parcel.
| Down payment | DSCR in Mill Valley | Typical lender treatment |
|---|---|---|
| 20% | 0.40 | Below the 0.75 floor most lenders use |
| 35% | 0.47 | Below the 0.75 floor most lenders use |
Median-property figures for Mill Valley. Taxes and insurance modelled at 1.25% of value per year. A specific deal will vary with the rent and the parcel.
Submarkets Inside Mill Valley
Rental performance moves street by street inside Mill Valley. These are the areas investors ask about most often:
Mill Valley DSCR Questions
What is the median home value in Mill Valley?
The median home value in Mill Valley is $2,128,617 as of August 2026 (Zillow ZHVI). Median rent is $5,394 a month, a gross yield of 3.04%.
What down payment does a DSCR loan need in Mill Valley?
On a median-priced Mill Valley rental at a 6.95% rate, reaching a 0.75 DSCR takes roughly 65% down, and reaching 1.0 takes about 78%. The real number depends on the rent, taxes and insurance for that specific property.
Does DSCR lending work in Mill Valley?
Mill Valley is an appreciation market, not a cash-flow market. A median Mill Valley home costs $2,128,617 while the median rent runs $5,394, a gross yield of just 3.04%. At 6.95%, a median-priced Mill Valley rental returns roughly a 0.40 DSCR at 20% down. Leveraged DSCR financing here starts around 65% down.
Is Mill Valley a cash-flow market or an appreciation market?
With a gross yield of 3.04% against a 6.95% mortgage rate, Mill Valley leans toward appreciation. Monthly cash flow is thin at these yields, so most Mill Valley investors are underwriting the hold rather than the month.
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