11098 Somerset DrTruckeeCA96161
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.69% yield at 11098 Somerset Dr, Truckee, CA, 96161 in Truckee is solid, but the $7,847/mo payment compresses net cash flow to $76/mo at $1,745,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $482,111 by year five, and $16,072/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.42) without U.S. income documentation. Total projected return: $667,824.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.5% |
| Monthly Cash Flow | $76 | $300 |
City averages based on Truckee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,177 |
| Total Monthly Debt Service | $10,407 |
| DSCR Ratio | 1.07x |
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 1981
20.15 Acres lot
$N/A/sqft
$3,675 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96161, Truckee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,783 (100%) |
| Owner Occupied HU | 5,476 (29.2%) |
| Renter Occupied HU | 2,412 (12.8%) |
| Vacant Housing Units | 10,895 (58.0%) |
| Median Home Value | $908,842 |
| Average Home Value | $1,029,997 |
Housing Distribution
Address Breakdown
Residential
8,949
Single Family
8,128
Multi-Family
821
Businesses
846
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 1981
20.15 Acres lot
$N/A/sqft
$3,675 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96161, Truckee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,783 (100%) |
| Owner Occupied HU | 5,476 (29.2%) |
| Renter Occupied HU | 2,412 (12.8%) |
| Vacant Housing Units | 10,895 (58.0%) |
| Median Home Value | $908,842 |
| Average Home Value | $1,029,997 |
Housing Distribution
Address Breakdown
Residential
8,949
Single Family
8,128
Multi-Family
821
Businesses
846
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices