2340 Samaritan Pl APT 3San JoseCA95124
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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 San Jose at 2340 Samaritan Pl APT 3, San Jose, CA, 95124 generates $3,514/mo in rent, after a $2,936/mo payment. Total monthly income is $3,514/mo. Return on cash invested sits at 13.75% in year one, and rental yield is 7.03% on a $599,950 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,755 over five years. Five-year ROI reaches 71.65% and total cumulative return in cash sums $141,416. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,514/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$492 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95124, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,434 (100%) |
| Owner Occupied HU | 11,999 (68.8%) |
| Renter Occupied HU | 4,848 (27.8%) |
| Vacant Housing Units | 587 ( 3.4%) |
| Median Home Value | $1,698,738 |
| Average Home Value | $1,679,933 |
Housing Distribution
Address Breakdown
Residential
17,416
Single Family
16,566
Multi-Family
850
Businesses
834
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Listed by: Frank Grengo • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81978469
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-19 14:31:37 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.