305 Old Turnpike RdLos GatosCA95033
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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 Los Gatos at 305 Old Turnpike Rd, Los Gatos, CA, 95033 generates $8,630/mo in rent and, after a $4,870/mo payment, leaves $2,142/mo in cash flow. Total monthly income is $8,630/mo, and annual cash flow is $25,708/yr on $327,355 invested. Return on cash invested sits at 27.91% in year one, and rental yield is 10.41% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 146.17% and total cumulative return in cash sums $478,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,630/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95033, Los Gatos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,003 (100%) |
| Owner Occupied HU | 2,963 (74.0%) |
| Renter Occupied HU | 689 (17.2%) |
| Vacant Housing Units | 351 ( 8.8%) |
| Median Home Value | $1,687,255 |
| Average Home Value | $1,655,553 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,621
Multi-Family
3
Businesses
22
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Listed by: Kendra Gaeta • Christie's International Real Estate Sereno
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81963130
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 22:01:58 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.