123 W Reed StSan JoseCA95110
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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 123 W Reed St, San Jose, CA, 95110 priced at $1,680,000 converts $6,664/mo rent into after a $8,223/mo obligation. Total monthly income equals $6,664/mo. Return on cash invested prints 10.17% in year one, and rental yield reads 4.76% against a $1,680,000 entry. Equity gained on principal adds $10,841/yr, while 5% annual appreciation compiles into $464,153 by year five. Five-year ROI reaches 51.23% and total cumulative return in cash sums $278,872. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,664/mo property income covering a $8,223/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95110, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,342 (28.8%) |
| Renter Occupied HU | 4,967 (61.1%) |
| Vacant Housing Units | 819 (10.1%) |
| Median Home Value | $1,072,331 |
| Average Home Value | $1,145,478 |
Housing Distribution
Address Breakdown
Residential
7,910
Single Family
4,380
Multi-Family
3,530
Businesses
1,453
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Listed by: Jessie Li • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81979125
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-19 17:31:38 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.