196 Coy Dr APT 1San JoseCA95123
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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 San Jose at 196 Coy Dr APT 1, San Jose, CA, 95123 uses $145,860 cash to close to unlock $6,356/yr annual cash flow and $530/mo monthly cash flow. Total monthly income runs $3,252/mo, and a $2,154/mo payment keeps the spread at $530/mo. Purchase price stands at $440,000, and rental yield measures 8.87% with $3,252/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 126.22% and total cumulative return in cash records $184,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,252/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95123, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,587 (100%) |
| Owner Occupied HU | 14,216 (57.8%) |
| Renter Occupied HU | 9,594 (39.0%) |
| Vacant Housing Units | 777 ( 3.2%) |
| Median Home Value | $1,169,061 |
| Average Home Value | $1,179,482 |
Housing Distribution
Address Breakdown
Residential
24,862
Single Family
20,176
Multi-Family
4,686
Businesses
950
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Listed by: Sharmila Banerjee • Redfin
Mls Name: MLSListings Inc
Mls ID: #ML82019506