1341 Mercado WaySan JoseCA95131
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1341 Mercado Way, San Jose, CA, 95131 in San Jose worth study. Rental yield 4.06%. The 4.06% gross yield is below cash-flow benchmarks at $1,410,000, but 5% annual appreciation, adding $389,557 over five years, frames this as a capital growth position. Rent of $4,362/mo partially offsets the $6,340/mo payment. Ziffy Mortgage finances appreciation-play properties (0.69 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $207,659.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 6.0% |
| Monthly Cash Flow | $(4,456) | $500 |
City averages based on San Jose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,362 |
| Total Monthly Debt Service | $8,935 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2014
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95131, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,194 (100%) |
| Owner Occupied HU | 5,846 (52.2%) |
| Renter Occupied HU | 4,586 (41.0%) |
| Vacant Housing Units | 762 ( 6.8%) |
| Median Home Value | $1,261,536 |
| Average Home Value | $1,231,983 |
Housing Distribution
Address Breakdown
Residential
9,913
Single Family
9,412
Multi-Family
501
Businesses
2,034
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 2014
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95131, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,194 (100%) |
| Owner Occupied HU | 5,846 (52.2%) |
| Renter Occupied HU | 4,586 (41.0%) |
| Vacant Housing Units | 762 ( 6.8%) |
| Median Home Value | $1,261,536 |
| Average Home Value | $1,231,983 |
Housing Distribution
Address Breakdown
Residential
9,913
Single Family
9,412
Multi-Family
501
Businesses
2,034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meiying Li • Legend Realty & Finance Group
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82006482
Disclaimer: Based on information from the MLSListings MLS as of 2025-10-26 04:32:14 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.