2372 Balme DrSan JoseCA95122
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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 2372 Balme Dr, San Jose, CA, 95122 offers a 7.76% rental yield on a $429,000 purchase with $2,773/mo rent. Total monthly income registers $2,773/mo, and a $2,100/mo payment leaves $119/mo available for distribution. Annual cash flow reaches $1,426/yr on $142,214 to close, and return on cash invested stands at 20.91% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 108.21% and total cumulative return in cash at $153,889. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,773/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95122, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,141 (100%) |
| Owner Occupied HU | 6,416 (48.8%) |
| Renter Occupied HU | 6,309 (48.0%) |
| Vacant Housing Units | 416 ( 3.2%) |
| Median Home Value | $829,339 |
| Average Home Value | $880,897 |
Housing Distribution
Address Breakdown
Residential
12,708
Single Family
10,964
Multi-Family
1,744
Businesses
1,332
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Listed by: Roger Cervantes • Century 21 Select Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225139510