2404 Lucerne WaySan 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
Rental property for sale in San Jose at 2404 Lucerne Way, San Jose, CA, 95122 generates $5,748/mo in rent, after a $7,030/mo payment. Total monthly income is $5,748/mo. Return on cash invested sits at 12.28% in year one, and rental yield is 4.8% on a $1,436,300 entry. Equity gained on principal adds $9,268/yr, while 5% annual appreciation builds toward $396,823 over five years. Five-year ROI reaches 61.83% and total cumulative return in cash sums $287,716. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,748/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
6,900 sqft 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: N/A • N/A
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