2623 Gimelli Pl #139San JoseCA95133
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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 2623 Gimelli Pl #139, San Jose, CA, 95133 listed at $615,000 pairs $3,419/mo rent with a $3,010/mo payment. Total monthly income runs $3,419/mo. Return on cash invested measures 17.77% in year one, and rental yield registers 6.67% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 91.37% and total cumulative return in cash totals $184,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,419/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
1,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95133, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,500 (100%) |
| Owner Occupied HU | 5,088 (53.6%) |
| Renter Occupied HU | 4,154 (43.7%) |
| Vacant Housing Units | 258 ( 2.7%) |
| Median Home Value | $1,183,293 |
| Average Home Value | $1,191,329 |
Housing Distribution
Address Breakdown
Residential
9,657
Single Family
8,248
Multi-Family
1,409
Businesses
472
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Listed by: Dan Ramas • KW Silicon City
Mls Name: MLSListings Inc
Mls ID: #ML82016652