6710 Steely Ridge 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 6710 Steely Ridge Rd, Somerset, CA, 95684 generates $2,783/mo in rent and, after a $1,405/mo payment, leaves $1,007/mo in cash flow. Total monthly income is $2,783/mo, and annual cash flow is $12,087/yr on $95,141 invested. Return on cash invested sits at 32.61% in year one, and rental yield is 11.64% on a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 171% and total cumulative return in cash sums $162,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,783/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
2.13 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: William Johnson • William Johnson, Broker
Mls Name: CRMLS
Mls ID: #OC25200874