21516 Old Mine RdLos GatosCA95033
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 Los Gatos at 21516 Old Mine Rd, Los Gatos, CA, 95033 earns $297/mo cash flow from $7,652/mo rent with a $5,819/mo payment. Total monthly income totals $7,652/mo, and annual cash flow totals $3,570/yr on $385,171 capital. ROI tracks 21.3% on current figures, and rental yield reads 7.72% at a $1,188,800 purchase. Equity gained on principal adds $7,671/yr, and 5% annual appreciation supports $328,444 over five years. Five-year ROI reaches 110.19% and total cumulative return in cash sums $424,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,652/mo property income instead of your personal income.
Single Family
Built in 1954
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95033, Los Gatos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,003 (100%) |
| Owner Occupied HU | 2,963 (74.0%) |
| Renter Occupied HU | 689 (17.2%) |
| Vacant Housing Units | 351 ( 8.8%) |
| Median Home Value | $1,687,255 |
| Average Home Value | $1,655,553 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,621
Multi-Family
3
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Young Seon Myong • Sothebys International Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81962518
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 23:02:46 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.