1048 Monroe St UNIT 218Santa ClaraCA95050
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 1048 Monroe St UNIT 218, Santa Clara, CA, 95050 in Santa Clara is a conservative rental investment at $789,000. Rental yield 6.2%. A 1.15 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $217,986; $7,267/yr in principal paydown supplements. Total projected return: $247,231.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.0% |
| Monthly Cash Flow | $(807) | $1,500 |
City averages based on Santa Clara market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,074 |
| Total Monthly Debt Service | $4,567 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95050, Santa Clara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,775 (100%) |
| Owner Occupied HU | 5,905 (35.2%) |
| Renter Occupied HU | 9,819 (58.5%) |
| Vacant Housing Units | 1,051 ( 6.3%) |
| Median Home Value | $1,557,606 |
| Average Home Value | $1,576,285 |
Housing Distribution
Address Breakdown
Residential
16,297
Single Family
11,842
Multi-Family
4,455
Businesses
2,436
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
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95050, Santa Clara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,775 (100%) |
| Owner Occupied HU | 5,905 (35.2%) |
| Renter Occupied HU | 9,819 (58.5%) |
| Vacant Housing Units | 1,051 ( 6.3%) |
| Median Home Value | $1,557,606 |
| Average Home Value | $1,576,285 |
Housing Distribution
Address Breakdown
Residential
16,297
Single Family
11,842
Multi-Family
4,455
Businesses
2,436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sunnie Li • SALA Homes Realty & Development
Mls Name: MLSListings Inc
Mls ID: #ML82019398