1369 Phelps Ave APT 9San JoseCA95117
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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
Investment property for sale in San Jose at 1369 Phelps Ave APT 9, San Jose, CA, 95117 earns $719/mo cash flow from $3,193/mo rent with a $1,957/mo payment. Total monthly income totals $3,193/mo, and annual cash flow totals $8,634/yr on $132,563 capital. ROI tracks 26.42% on current figures, and rental yield reads 9.58% at a $399,888 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,482 over five years. Five-year ROI reaches 137.77% and total cumulative return in cash sums $182,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,193/mo property income instead of your personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95117, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,893 (100%) |
| Owner Occupied HU | 3,637 (26.2%) |
| Renter Occupied HU | 9,042 (65.1%) |
| Vacant Housing Units | 1,214 ( 8.7%) |
| Median Home Value | $1,559,959 |
| Average Home Value | $1,508,930 |
Housing Distribution
Address Breakdown
Residential
11,151
Single Family
9,359
Multi-Family
1,792
Businesses
426
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Listed by: Xiaozhu Kang • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82028807