18 Morera 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 18 Morera Ln, Morgan Hill, CA, 95037 with 5% annual appreciation on a $964,271 basis while $6,629/mo rent supports operations. Total monthly income totals $6,629/mo and a $4,720/mo payment preserves $663/mo for cash returns. Annual cash flow comes to $7,962/yr on $317,245 deployed, and return on cash invested reaches 22.57% in year one. Equity gained on principal adds $6,222/yr, and five-year appreciation sums $266,410 alongside rental yield of 8.25%. Five-year ROI measures 117.08% and total cumulative return in cash totals $371,418.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,629/mo property income versus a $4,720/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in N/A
N/A 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: Linnea Chapman • Trumark Homes - Northern California Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N060000000063
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.