1902 Miraplaza Ct APT 24Santa ClaraCA95051
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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
Rental property for sale in Santa Clara at 1902 Miraplaza Ct APT 24, Santa Clara, CA, 95051 generates $5,960/mo in rent and, after a $4,209/mo payment, leaves $117/mo in cash flow. Total monthly income is $5,960/mo, and annual cash flow is $1,406/yr on $282,940 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 8.32% on a $860,000 entry. Equity gained on principal adds $5,549/yr, while 5% annual appreciation builds toward $237,602 over five years. Five-year ROI reaches 107.1% and total cumulative return in cash sums $303,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,960/mo property income rather than buyer’s personal income.
Condo
Built in 1986
893 sqft lot
$N/A/sqft
$523 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95051, Santa Clara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,197 (100%) |
| Owner Occupied HU | 10,536 (40.2%) |
| Renter Occupied HU | 13,535 (51.7%) |
| Vacant Housing Units | 2,126 ( 8.1%) |
| Median Home Value | $1,728,680 |
| Average Home Value | $1,675,695 |
Housing Distribution
Address Breakdown
Residential
25,095
Single Family
18,363
Multi-Family
6,732
Businesses
1,219
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Listed by: Taylor Van Buskirk • eXp Realty of Northern CA Inc
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224093035
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.