1853 Almaden Rd APT 221San JoseCA95125
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
Investment Highlights
Investment property for sale in San Jose at 1853 Almaden Rd APT 221, San Jose, CA, 95125 uses $243,394 cash to close to unlock $14,837/yr annual cash flow and $1,236/mo monthly cash flow. Total monthly income runs $6,487/mo, and a $3,621/mo payment keeps the spread at $1,236/mo. Purchase price stands at $739,800, and rental yield measures 10.52% with $6,487/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $204,393 over five years. Five-year ROI reaches 137.51% and total cumulative return in cash records $334,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,487/mo property income covering a $3,621/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$674 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95125, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,815 (100%) |
| Owner Occupied HU | 12,828 (58.8%) |
| Renter Occupied HU | 8,020 (36.8%) |
| Vacant Housing Units | 967 ( 4.4%) |
| Median Home Value | $1,688,209 |
| Average Home Value | $1,602,473 |
Housing Distribution
Address Breakdown
Residential
21,513
Single Family
17,972
Multi-Family
3,541
Businesses
1,706
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Amaral • David Amaral, Broker
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81971760
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-27 17:43:30 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.