238 Element RdSan JoseCA95110
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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 238 Element Rd, San Jose, CA, 95110 priced at $1,189,000 converts $5,118/mo rent into after a $5,820/mo obligation. Total monthly income equals $5,118/mo. Return on cash invested prints 13.4% in year one, and rental yield reads 5.17% against a $1,189,000 entry. Equity gained on principal adds $7,672/yr, while 5% annual appreciation compiles into $328,499 by year five. Five-year ROI reaches 67.84% and total cumulative return in cash sums $261,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,118/mo property income covering a $5,820/mo payment, not borrower’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95110, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,342 (28.8%) |
| Renter Occupied HU | 4,967 (61.1%) |
| Vacant Housing Units | 819 (10.1%) |
| Median Home Value | $1,072,331 |
| Average Home Value | $1,145,478 |
Housing Distribution
Address Breakdown
Residential
7,910
Single Family
4,380
Multi-Family
3,530
Businesses
1,453
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Listed by: Rachel Zhang • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82018404