1415 Millich CtSan 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
Rental property for sale in San Jose at 1415 Millich Ct, San Jose, CA, 95117 generates $3,854/mo in rent, after a $4,792/mo payment. Total monthly income is $3,854/mo. Return on cash invested sits at 11.85% in year one, and rental yield is 4.72% on a $979,000 entry. Equity gained on principal adds $6,317/yr, while 5% annual appreciation builds toward $270,480 over five years. Five-year ROI reaches 59.62% and total cumulative return in cash sums $192,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,854/mo property income rather than buyer’s personal income.
Townhouse
Built in 1972
1,344 sqft 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: David Lindsay • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82018030