17030 Condit RdMorgan 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
Rental property for sale in Morgan Hill at 17030 Condit Rd, Morgan Hill, CA, 95037 priced at $939,900 pairs $4,476/mo rent with after a $4,600/mo payment. Total monthly income equals $4,476/mo. Return on cash invested is 13.74% in year one, and rental yield stands at 5.71% on a $939,900 basis. Equity gained on principal adds $6,065/yr, and 5% annual appreciation accumulates to $259,677 by year five. Five-year ROI measures 70.14% and total cumulative return in cash reaches $216,887. For financing, Ziffy Mortgage’s DSCR program evaluates $4,476/mo property income against a $4,600/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2012
N/A lot
$N/A/sqft
$240 monthly 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: Margarita Millerman • Christie's International Real Estate Sereno
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81974507
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-19 10:01:12 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.