1048 Monroe St UNIT 218Santa ClaraCA95050
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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 Santa Clara at 1048 Monroe St UNIT 218, Santa Clara, CA, 95050 offers a 6.2% rental yield on a $789,000 purchase with $4,074/mo rent. 33% in year one. Equity gained on principal adds $5,091/yr while 5% annual appreciation supports $217,986 over five years. Portfolio math shows five-year ROI at 83.6% and total cumulative return in cash at $217,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,074/mo property income against a $3,862/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Sunnie Li • SALA Homes Realty & Development
Mls Name: MLSListings Inc
Mls ID: #ML82019398