1345 Joplin Dr Unit 2San JoseCA95118
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1345 Joplin Dr Unit 2, San Jose, CA, 95118 in San Jose is a stable, well-positioned rental at $558,888. Rental yield 7.47%. DSCR 1.38 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $154,410 in value and $5,147/yr in principal paydown builds equity, a total projected return of $213,296.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.0% |
| Monthly Cash Flow | $(514) | $500 |
City averages based on San Jose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,478 |
| Total Monthly Debt Service | $3,235 |
| DSCR Ratio | 1.08x |
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 1970
3,175 sqft lot
$N/A/sqft
No 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
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 1970
3,175 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MetroList Services of CA
Mls ID: #226021113