106 Rancho Dr UNIT ESan JoseCA95111
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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 San Jose at 106 Rancho Dr UNIT E, San Jose, CA, 95111 priced at $500,000 converts $3,398/mo rent into after a $2,447/mo obligation. Total monthly income equals $3,398/mo. Return on cash invested prints 18.97% in year one, and rental yield reads 8.16% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 98.95% and total cumulative return in cash sums $164,012. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,398/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$435 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95111, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,643 (100%) |
| Owner Occupied HU | 8,898 (53.5%) |
| Renter Occupied HU | 7,339 (44.1%) |
| Vacant Housing Units | 406 ( 2.4%) |
| Median Home Value | $857,011 |
| Average Home Value | $974,302 |
Housing Distribution
Address Breakdown
Residential
16,177
Single Family
14,754
Multi-Family
1,423
Businesses
703
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Listed by: Yost Group • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81983777
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-19 16:31:40 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.