17106 Depot StMorganhillCA95037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 17106 Depot St, Morganhill, CA, 95037 in Morganhill speaks for itself: 10.09% gross on a $1,060,238 price, generating $8,916/mo in rent and $1,829/mo in net income after the $4,768/mo debt service. DSCR 1.87, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $21,950 stacks alongside $292,924 in projected five-year appreciation and $9,765/yr in principal reduction. Projected total cumulative return: $522,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.0% |
| Monthly Cash Flow | $1,829 | $400 |
City averages based on Morganhill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,916 |
| Total Monthly Debt Service | $6,665 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$528 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$528 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices