27 Morera LnMorgan 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
Rental property for sale in Morgan Hill at 27 Morera Ln, Morgan Hill, CA, 95037 priced at $997,910 converts $5,089/mo rent into after a $4,884/mo obligation. Total monthly income equals $5,089/mo. Return on cash invested prints 16.1% in year one, and rental yield reads 6.12% against a $997,910 entry. Equity gained on principal adds $6,439/yr, while 5% annual appreciation compiles into $275,704 by year five. Five-year ROI reaches 82.38% and total cumulative return in cash sums $270,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,089/mo property income covering a $4,884/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
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: Linnea Chapman • Trumark Homes - Northern California Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N060000000065
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.