3339 Elgin LnSan JoseCA95118
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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 San Jose at 3339 Elgin Ln, San Jose, CA, 95118 offers a 3.74% rental yield on a $1,949,999 purchase with $6,072/mo rent. 99% in year one. Equity gained on principal adds $12,583/yr while 5% annual appreciation supports $538,749 over five years. Portfolio math shows five-year ROI at 44.2% and total cumulative return in cash at $279,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,072/mo property income against a $9,544/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
6,784 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95118, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,153 (100%) |
| Owner Occupied HU | 7,085 (58.3%) |
| Renter Occupied HU | 4,726 (38.9%) |
| Vacant Housing Units | 342 ( 2.8%) |
| Median Home Value | $1,395,478 |
| Average Home Value | $1,423,210 |
Housing Distribution
Address Breakdown
Residential
11,625
Single Family
11,108
Multi-Family
517
Businesses
523
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Listed by: Kelli J. Simmerok • Santa Clara Valley Properties
Mls Name: MLSListings Inc
Mls ID: #ML82013847