1515 State St, San Jose, CA, 95002 | 3.66% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Motivated Seller+ 1 more

6 Bed
5 Bath
2440 sft

37230 2nd St, Fremont, CA, 94536

Rental Income+ 1 more

5 Bed
4 Bath
1874 sft

4547 Cerritos Ave, Fremont, CA, 94536

1 Bed
1 Bath
777 sft

259 N Capitol Ave UNIT 102, San Jose, CA, 95127

1 Bed
1 Bath
720 sft

659 Devlin Ct, San Jose, CA, 95133

Nearby investment properties with comparable prices

3 Bed
3 Bath
1375 sft

392 Terra Mesa Way, Milpitas, CA, 95035

3 Bed
2 Bath
1175 sft

613 Evangeline Way, Hayward, CA, 94544

3 Bed
2 Bath
1040 sft

1916 Loyola Dr, San Jose, CA, 95122

4 Bed
3 Bath
1564 sft

124 Birch Ln, San Jose, CA, 95127

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,658/mo, and a $5,869/mo payment. Purchase price stands at $1,199,000, and rental yield measures 3.66% with $3,658/mo rent. Return on cash invested shows 8.76% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 42.94% and total cumulative return in cash records $166,821. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,658/mo property income covering a $5,869/mo payment rather than investor’s personal income.

Single Family

Built in 1940

6,432 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 95002, Alviso, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	604 (100%)
Owner Occupied HU	366 (60.6%)
Renter Occupied HU	211 (34.9%)
Vacant Housing Units	27 ( 4.5%)
Median Home Value	$1,008,333
Average Home Value	$885,874