17475 Carriage Lamp WayMorgan 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 17475 Carriage Lamp Way, Morgan Hill, CA, 95037 earns from $4,517/mo rent with a $5,237/mo payment. Total monthly income totals $4,517/mo. ROI tracks 11.24% on current figures, and rental yield reads 5.07% at a $1,070,000 purchase. Equity gained on principal adds $6,905/yr, and 5% annual appreciation supports $295,621 over five years. Five-year ROI reaches 56.95% and total cumulative return in cash sums $197,421. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,517/mo property income instead of your personal income.
Single Family
Built in 1984
3,920 sqft lot
$N/A/sqft
$255 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: Alisha Pruitt • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81982213
Disclaimer: Based on information from the MLSListings MLS as of 2025-01-08 05:22:40 PST. 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.