1104 La Terrace CirSan JoseCA95123
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 1104 La Terrace Cir, San Jose, CA, 95123 in San Jose is a conservative rental investment at $698,888. Rental yield 7.08%. A 1.31 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $193,090; $6,437/yr in principal paydown supplements. Total projected return: $251,985.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.0% |
| Monthly Cash Flow | $(931) | $500 |
City averages based on San Jose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,121 |
| Total Monthly Debt Service | $4,045 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95123, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,587 (100%) |
| Owner Occupied HU | 14,216 (57.8%) |
| Renter Occupied HU | 9,594 (39.0%) |
| Vacant Housing Units | 777 ( 3.2%) |
| Median Home Value | $1,169,061 |
| Average Home Value | $1,179,482 |
Housing Distribution
Address Breakdown
Residential
24,862
Single Family
20,176
Multi-Family
4,686
Businesses
950
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
Condo
Built in 1985
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95123, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,587 (100%) |
| Owner Occupied HU | 14,216 (57.8%) |
| Renter Occupied HU | 9,594 (39.0%) |
| Vacant Housing Units | 777 ( 3.2%) |
| Median Home Value | $1,169,061 |
| Average Home Value | $1,179,482 |
Housing Distribution
Address Breakdown
Residential
24,862
Single Family
20,176
Multi-Family
4,686
Businesses
950
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Garcia • Redfin
Mls Name: MLSListings Inc
Mls ID: #ML82033851