2348 La Terrace CirSan 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
Rental property for sale in San Jose at 2348 La Terrace Cir, San Jose, CA, 95123 generates $3,973/mo in rent, after a $3,666/mo payment. Total monthly income is $3,973/mo. Return on cash invested sits at 16.84% in year one, and rental yield is 6.37% on a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 86.37% and total cumulative return in cash sums $212,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,973/mo property income rather than buyer’s personal income.
Condo
Built in 1985
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: Niko Gutierrez • Christie's International Real Estate Sereno
Mls Name: MLSListings Inc
Mls ID: #ML82025426