295 Rio Verde Pl APT 4MilpitasCA95035
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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 Milpitas at 295 Rio Verde Pl APT 4, Milpitas, CA, 95035 earns from $4,046/mo rent with a $3,402/mo payment. Total monthly income totals $4,046/mo. ROI tracks 18.73% on current figures, and rental yield reads 6.99% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 96.49% and total cumulative return in cash sums $220,626. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,046/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95035, Milpitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,556 (100%) |
| Owner Occupied HU | 14,923 (54.2%) |
| Renter Occupied HU | 11,649 (42.3%) |
| Vacant Housing Units | 984 ( 3.6%) |
| Median Home Value | $1,330,681 |
| Average Home Value | $1,367,093 |
Housing Distribution
Address Breakdown
Residential
26,119
Single Family
21,590
Multi-Family
4,529
Businesses
2,738
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Listed by: Himalini Jayaraman • Legacy Real Estate & Associates
Mls Name: MLSListings Inc
Mls ID: #ML82017943