1130 Cherryview LnSan JoseCA95118
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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 1130 Cherryview Ln, San Jose, CA, 95118 priced at $1,098,000 converts $7,229/mo rent into after a $5,374/mo obligation. Total monthly income equals $7,229/mo. Return on cash invested prints 19.72% in year one, and rental yield reads 7.9% against a $1,098,000 entry. Equity gained on principal adds $7,085/yr, while 5% annual appreciation compiles into $303,357 by year five. Five-year ROI reaches 102.52% and total cumulative return in cash sums $364,708. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,229/mo property income covering a $5,374/mo payment, not borrower’s personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
$570 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95118, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,153 (100%) |
| Owner Occupied HU | 7,085 (58.3%) |
| Renter Occupied HU | 4,726 (38.9%) |
| Vacant Housing Units | 342 ( 2.8%) |
| Median Home Value | $1,395,478 |
| Average Home Value | $1,423,210 |
Housing Distribution
Address Breakdown
Residential
11,625
Single Family
11,108
Multi-Family
517
Businesses
523
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Listed by: Kirsty M. Duncan • Christie's International Real Estate Sereno
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81975049
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-27 16:13:27 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.