6638 Summer WaySomersetCA95684
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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
Investment property for sale in Somerset at 6638 Summer Way, Somerset, CA, 95684 listed at $199,999 pairs $1,846/mo rent with a $979/mo payment to leave $609/mo cash flow. Total monthly income runs $1,846/mo, and annual cash flow reaches $7,304/yr on $66,300 cash to close. Return on cash invested measures 30.93% in year one, and rental yield registers 11.08% at a $199,999 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 161.93% and total cumulative return in cash totals $107,360. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,846/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.30 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: Andrea Lembach • Keller Williams Realty
Mls Name: MetroList Services of CA
Mls ID: #226000757