261 Los Palmos WaySan JoseCA95119
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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 261 Los Palmos Way, San Jose, CA, 95119 priced at $1,789,888 converts $6,607/mo rent into after a $8,761/mo obligation. Total monthly income equals $6,607/mo. Return on cash invested prints 10.63% in year one, and rental yield reads 4.43% against a $1,789,888 entry. Equity gained on principal adds $11,550/yr, while 5% annual appreciation compiles into $494,513 by year five. Five-year ROI reaches 53.17% and total cumulative return in cash sums $308,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,607/mo property income covering a $8,761/mo payment, not borrower’s personal income.
Single Family
Built in 1970
6,260 sqft lot
$N/A/sqft
$44 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95119, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,640 (67.4%) |
| Renter Occupied HU | 1,100 (28.1%) |
| Vacant Housing Units | 177 ( 4.5%) |
| Median Home Value | $1,242,930 |
| Average Home Value | $1,249,670 |
Housing Distribution
Address Breakdown
Residential
3,853
Single Family
3,644
Multi-Family
209
Businesses
453
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Listed by: Zuhra Arakeri • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81997558
Disclaimer: Based on information from the MLSListings MLS as of 2025-03-12 18:13:07 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.