2925 Florence Ave APT 20San JoseCA95127
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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 2925 Florence Ave APT 20, San Jose, CA, 95127 offers $4,745/mo rent that, after a $2,249/mo payment, leaves $1,234/mo cash flow. Total monthly income is $4,745/mo, and annual cash flow is $14,813/yr on $152,324 cash. Return on cash invested measures 29.63% in year one, and rental yield stands at 12.39% at a $459,500 entry. Equity gained on principal adds $2,965/yr while 5% annual appreciation compounds into $126,951 by year five. Five-year ROI records 156.91% and total cumulative return in cash reaches $239,004. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,745/mo property income versus a $2,249/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
$549 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95127, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,008 (100%) |
| Owner Occupied HU | 9,921 (62.0%) |
| Renter Occupied HU | 5,566 (34.8%) |
| Vacant Housing Units | 521 ( 3.3%) |
| Median Home Value | $1,020,992 |
| Average Home Value | $1,202,002 |
Housing Distribution
Address Breakdown
Residential
16,081
Single Family
14,809
Multi-Family
1,272
Businesses
511
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Listed by: Donna Dring • Vendome Properties Dd
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81962085
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-27 17:13:32 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.