2514 Meridian AveSan JoseCA95124
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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 2514 Meridian Ave, San Jose, CA, 95124 listed at $1,325,000 pairs $6,034/mo rent with a $6,485/mo payment. Total monthly income runs $6,034/mo. Return on cash invested measures 14.33% in year one, and rental yield registers 5.46% at a $1,325,000 basis. Equity gained on principal adds $8,550/yr, and annual property appreciation at 5% supports $366,073 by year five. Five-year ROI tracks 72.8% and total cumulative return in cash totals $312,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,034/mo property income relative to a $6,485/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
6,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95124, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,434 (100%) |
| Owner Occupied HU | 11,999 (68.8%) |
| Renter Occupied HU | 4,848 (27.8%) |
| Vacant Housing Units | 587 ( 3.4%) |
| Median Home Value | $1,698,738 |
| Average Home Value | $1,679,933 |
Housing Distribution
Address Breakdown
Residential
17,416
Single Family
16,566
Multi-Family
850
Businesses
834
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Listed by: Matthew Dapolito • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82025895