1060 S 3rd St APT 139San JoseCA95112
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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 1060 S 3rd St APT 139, San Jose, CA, 95112 generates $4,097/mo in rent and, after a $2,275/mo payment, leaves $334/mo in cash flow. Total monthly income is $4,097/mo, and annual cash flow is $4,007/yr on $154,114 invested. Return on cash invested sits at 22.51% in year one, and rental yield is 10.58% on a $464,900 entry. Equity gained on principal adds $3,000/yr, while 5% annual appreciation builds toward $128,443 over five years. Five-year ROI reaches 119.27% and total cumulative return in cash sums $183,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,097/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$673 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95112, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,764 (100%) |
| Owner Occupied HU | 6,050 (24.4%) |
| Renter Occupied HU | 16,994 (68.6%) |
| Vacant Housing Units | 1,720 ( 6.9%) |
| Median Home Value | $1,119,691 |
| Average Home Value | $1,168,240 |
Housing Distribution
Address Breakdown
Residential
23,233
Single Family
14,328
Multi-Family
8,905
Businesses
3,455
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Listed by: Rakesh Pabla • Golden State Realty, Jsg
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81973516
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-16 04:02:48 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.