338 San Petra Ct APT 1MilpitasCA95035
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 338 San Petra Ct APT 1, Milpitas, CA, 95035 in Milpitas earns a 9.22% gross yield at $778,000. Rent of $5,978/mo nets $341/mo after the $3,498/mo mortgage. The 1.71 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $214,947 and $7,165/yr in equity accumulation project a total cumulative return of $320,539.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 4.5% |
| Monthly Cash Flow | $341 | $300 |
City averages based on Milpitas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,978 |
| Total Monthly Debt Service | $5,328 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1971
N/A lot
$N/A/sqft
$563 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1971
N/A lot
$N/A/sqft
$563 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices