1087 N Abbott AveMilpitasCA95035
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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 Milpitas at 1087 N Abbott Ave, Milpitas, CA, 95035 offers a 8.8% rental yield on a $588,220 purchase with $4,312/mo rent. Total monthly income registers $4,312/mo, and a $2,879/mo payment leaves $673/mo available for distribution. Annual cash flow reaches $8,079/yr on $193,524 to close, and return on cash invested stands at 24.23% in year one. Equity gained on principal adds $3,796/yr while 5% annual appreciation supports $162,514 over five years. Portfolio math shows five-year ROI at 126.02% and total cumulative return in cash at $243,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,312/mo property income against a $2,879/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95035, Milpitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,556 (100%) |
| Owner Occupied HU | 14,923 (54.2%) |
| Renter Occupied HU | 11,649 (42.3%) |
| Vacant Housing Units | 984 ( 3.6%) |
| Median Home Value | $1,330,681 |
| Average Home Value | $1,367,093 |
Housing Distribution
Address Breakdown
Residential
26,119
Single Family
21,590
Multi-Family
4,529
Businesses
2,738
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Listed by: Brianne Miller • DEAL Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82030060