18421 Opal 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 18421 Opal Ln, Morgan Hill, CA, 95037 at $573,500 posts ROI 30.9% with $1,705/mo cash flow from $5,797/mo rent. Total monthly income equals $5,797/mo, and annual cash flow records $20,456/yr on $188,682 to close. Return on cash invested measures 30.9% and rental yield reads 12.13% at the current $573,500. Equity gained on principal adds $3,701/yr, and 5% annual appreciation supports $158,447 by year five. Five-year ROI prints 163.01% and total cumulative return in cash totals $307,568.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,797/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2008
N/A lot
$N/A/sqft
$417 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: Edgar Meneses • Exit Realty Keystone
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81958028
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 22:32:28 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.