1063 Norfolk DrSan JoseCA95129
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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 1063 Norfolk Dr, San Jose, CA, 95129 generates $6,036/mo in rent, after a $9,290/mo payment. Total monthly income is $6,036/mo. Return on cash invested sits at 9.24% in year one, and rental yield is 3.82% on a $1,898,000 entry. Equity gained on principal adds $12,247/yr, while 5% annual appreciation builds toward $524,382 over five years. Five-year ROI reaches 45.51% and total cumulative return in cash sums $279,839. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,036/mo property income rather than buyer’s personal income.
Townhouse
Built in 1972
1,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95129, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,142 (100%) |
| Owner Occupied HU | 7,733 (54.7%) |
| Renter Occupied HU | 5,844 (41.3%) |
| Vacant Housing Units | 565 ( 4.0%) |
| Median Home Value | $1,858,556 |
| Average Home Value | $1,771,965 |
Housing Distribution
Address Breakdown
Residential
14,690
Single Family
12,372
Multi-Family
2,318
Businesses
1,124
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Listed by: Heidi Tang • Valley Vine Realty
Mls Name: MLSListings Inc
Mls ID: #ML82019487