16955 Oakridge LnMorgan HillCA95037
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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 Morgan Hill at 16955 Oakridge Ln, Morgan Hill, CA, 95037 listed at $1,749,888 pairs $6,155/mo rent with a $8,565/mo payment. Total monthly income runs $6,155/mo. Return on cash invested measures 10.49% in year one, and rental yield registers 4.22% at a $1,749,888 basis. Equity gained on principal adds $11,292/yr, and annual property appreciation at 5% supports $483,462 by year five. Five-year ROI tracks 52.2% and total cumulative return in cash totals $295,954. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,155/mo property income relative to a $8,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95037, Morgan Hill, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,093 (100%) |
| Owner Occupied HU | 12,917 (67.7%) |
| Renter Occupied HU | 5,331 (27.9%) |
| Vacant Housing Units | 845 ( 4.4%) |
| Median Home Value | $1,310,527 |
| Average Home Value | $1,370,583 |
Housing Distribution
Address Breakdown
Residential
17,729
Single Family
16,416
Multi-Family
1,313
Businesses
1,441
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Listed by: Ghazal Torun • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82024579