1071 Summerain CtSan JoseCA95122
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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 San Jose at 1071 Summerain Ct, San Jose, CA, 95122 at $688,800 posts ROI 21.82% with $332/mo cash flow from $5,359/mo rent. Total monthly income equals $5,359/mo, and annual cash flow records $3,987/yr on $226,615 to close. Return on cash invested measures 21.82% and rental yield reads 9.34% at the current $688,800. Equity gained on principal adds $4,445/yr, and 5% annual appreciation supports $190,303 by year five. Five-year ROI prints 114.54% and total cumulative return in cash totals $259,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,359/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1993
578 sqft lot
$N/A/sqft
$568 monthly 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
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Listed by: Vivi Wan • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81976690
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-27 17:13:32 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.