2940 Horseshoe Bend RdSomersetCA95684
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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
Rental property for sale in Somerset at 2940 Horseshoe Bend Rd, Somerset, CA, 95684 generates $3,583/mo in rent, after a $3,744/mo payment. Total monthly income is $3,583/mo. Return on cash invested sits at 14.42% in year one, and rental yield is 5.62% on a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 73.44% and total cumulative return in cash sums $184,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,583/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
10 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95684, Somerset, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,678 (100%) |
| Owner Occupied HU | 1,182 (70.4%) |
| Renter Occupied HU | 206 (12.3%) |
| Vacant Housing Units | 290 (17.3%) |
| Median Home Value | $784,628 |
| Average Home Value | $973,435 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,138
Multi-Family
1
Businesses
64
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Listed by: Lori Voelker • RE/MAX Gold
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225053348
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