3120 Heather Ridge DrSan JoseCA95136
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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 3120 Heather Ridge Dr, San Jose, CA, 95136 generates $3,337/mo in rent, after a $2,691/mo payment. Total monthly income is $3,337/mo. Return on cash invested sits at 19.63% in year one, and rental yield is 7.28% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 101.33% and total cumulative return in cash sums $183,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,337/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95136, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,863 (100%) |
| Owner Occupied HU | 9,324 (55.3%) |
| Renter Occupied HU | 6,723 (39.9%) |
| Vacant Housing Units | 816 ( 4.8%) |
| Median Home Value | $1,146,088 |
| Average Home Value | $1,136,635 |
Housing Distribution
Address Breakdown
Residential
16,721
Single Family
14,757
Multi-Family
1,964
Businesses
282
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Listed by: Sondra Weber • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82029478