3586 Payne Ave APT 12San JoseCA95117
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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 3586 Payne Ave APT 12, San Jose, CA, 95117 listed at $399,888 pairs $3,385/mo rent with a $1,957/mo payment to leave $911/mo cash flow. Total monthly income runs $3,385/mo, and annual cash flow reaches $10,938/yr on $132,563 cash to close. Return on cash invested measures 28.16% in year one, and rental yield registers 10.16% at a $399,888 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,482 by year five. Five-year ROI tracks 147.09% and total cumulative return in cash totals $194,981. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,385/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95117, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,893 (100%) |
| Owner Occupied HU | 3,637 (26.2%) |
| Renter Occupied HU | 9,042 (65.1%) |
| Vacant Housing Units | 1,214 ( 8.7%) |
| Median Home Value | $1,559,959 |
| Average Home Value | $1,508,930 |
Housing Distribution
Address Breakdown
Residential
11,151
Single Family
9,359
Multi-Family
1,792
Businesses
426
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Listed by: Minh Duong • Alliance Bay Realty
Mls Name: MLSListings Inc
Mls ID: #ML82030476