415 Carriage Lantern CtSomersetCA95684
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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 415 Carriage Lantern Ct, Somerset, CA, 95684 offers $5,110/mo rent that, after a $4,292/mo payment. Total monthly income is $5,110/mo. Return on cash invested measures 18.75% in year one, and rental yield stands at 6.99% at a $877,000 entry. Equity gained on principal adds $5,659/yr while 5% annual appreciation compounds into $242,299 by year five. Five-year ROI records 96.61% and total cumulative return in cash reaches $278,738. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,110/mo property income versus a $4,292/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
1.07 Acres lot
$N/A/sqft
No 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: Janet DeLeo • California Outdoor Properties, Inc.
Mls Name: MetroList Services of CA
Mls ID: #225089214