120 Carlton Ave UNIT 22Los GatosCA95032
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
Investment property for sale in Los Gatos at 120 Carlton Ave UNIT 22, Los Gatos, CA, 95032 listed at $1,538,000 pairs $5,006/mo rent with a $7,528/mo payment. Total monthly income runs $5,006/mo. Return on cash invested measures 9.51% in year one, and rental yield registers 3.91% at a $1,538,000 basis. Equity gained on principal adds $9,924/yr, and annual property appreciation at 5% supports $424,921 by year five. Five-year ROI tracks 46.99% and total cumulative return in cash totals $234,170. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,006/mo property income relative to a $7,528/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1969
1,589 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95032, Los Gatos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,224 (100%) |
| Owner Occupied HU | 7,116 (63.4%) |
| Renter Occupied HU | 3,629 (32.3%) |
| Vacant Housing Units | 479 ( 4.3%) |
| Median Home Value | $1,945,987 |
| Average Home Value | $1,789,765 |
Housing Distribution
Address Breakdown
Residential
11,128
Single Family
9,885
Multi-Family
1,243
Businesses
1,092
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pearl Norton • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82020924