247 N Capitol Ave UNIT 235San JoseCA95127
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 247 N Capitol Ave UNIT 235, San Jose, CA, 95127 in San Jose earns a 8.7% gross yield at $398,000. Rent of $2,886/mo nets $424/mo after the $1,790/mo mortgage. The 1.61 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $109,960 and $3,666/yr in equity accumulation project a total cumulative return of $178,177.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $424 | $500 |
City averages based on San Jose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,886 |
| Total Monthly Debt Service | $2,304 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95127, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,008 (100%) |
| Owner Occupied HU | 9,921 (62.0%) |
| Renter Occupied HU | 5,566 (34.8%) |
| Vacant Housing Units | 521 ( 3.3%) |
| Median Home Value | $1,020,992 |
| Average Home Value | $1,202,002 |
Housing Distribution
Address Breakdown
Residential
16,081
Single Family
14,809
Multi-Family
1,272
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95127, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,008 (100%) |
| Owner Occupied HU | 9,921 (62.0%) |
| Renter Occupied HU | 5,566 (34.8%) |
| Vacant Housing Units | 521 ( 3.3%) |
| Median Home Value | $1,020,992 |
| Average Home Value | $1,202,002 |
Housing Distribution
Address Breakdown
Residential
16,081
Single Family
14,809
Multi-Family
1,272
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shantih Moriarty • Redfin
Mls Name: MLSListings Inc
Mls ID: #ML82024948