268 Cherry Ct #268Morgan HillCA95037
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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 Morgan Hill at 268 Cherry Ct #268, Morgan Hill, CA, 95037 earns from $3,840/mo rent with a $3,130/mo payment. Total monthly income totals $3,840/mo. ROI tracks 19.4% on current figures, and rental yield reads 7.21% at a $639,500 purchase. Equity gained on principal adds $4,127/yr, and 5% annual appreciation supports $176,682 over five years. Five-year ROI reaches 100.05% and total cumulative return in cash sums $210,509. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95037, Morgan Hill, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,093 (100%) |
| Owner Occupied HU | 12,917 (67.7%) |
| Renter Occupied HU | 5,331 (27.9%) |
| Vacant Housing Units | 845 ( 4.4%) |
| Median Home Value | $1,310,527 |
| Average Home Value | $1,370,583 |
Housing Distribution
Address Breakdown
Residential
17,729
Single Family
16,416
Multi-Family
1,313
Businesses
1,441
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Listed by: Susan Fick • Heritage Realty Team
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82006125
Disclaimer: Based on information from the MLSListings MLS as of 2025-05-09 06:12:22 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.