18430 Carmelo Ct, Morgan Hill, CA, 95037 | 3.51% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $5,344/mo, and a $8,932/mo payment. Purchase price stands at $1,825,000, and rental yield measures 3.51% with $5,344/mo rent. Return on cash invested shows 8.3% in year one, and 5% annual appreciation builds toward $504,214 over five years. Five-year ROI reaches 40.51% and total cumulative return in cash records $239,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,344/mo property income covering a $8,932/mo payment rather than investor’s personal income.

Single Family

Built in 1999

6,500 sqft 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