1068 Summershore CtSan JoseCA95122
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
Investment Highlights
Rental property for sale in San Jose at 1068 Summershore Ct, San Jose, CA, 95122 generates $2,965/mo in rent and, after a $2,149/mo payment, leaves $249/mo in cash flow. Total monthly income is $2,965/mo, and annual cash flow is $2,987/yr on $145,529 invested. Return on cash invested sits at 21.96% in year one, and rental yield is 8.1% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 113.83% and total cumulative return in cash sums $165,656. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,965/mo property income rather than buyer’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95122, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,141 (100%) |
| Owner Occupied HU | 6,416 (48.8%) |
| Renter Occupied HU | 6,309 (48.0%) |
| Vacant Housing Units | 416 ( 3.2%) |
| Median Home Value | $829,339 |
| Average Home Value | $880,897 |
Housing Distribution
Address Breakdown
Residential
12,708
Single Family
10,964
Multi-Family
1,744
Businesses
1,332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy Rohrs • Christie's International Real Estate Sereno
Mls Name: MLSListings Inc
Mls ID: #ML82030876