3592 Payne Ave APT 6San 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 3592 Payne Ave APT 6, San Jose, CA, 95117 offers a 6.05% rental yield on a $688,000 purchase with $3,467/mo rent. 88% in year one. Equity gained on principal adds $4,440/yr while 5% annual appreciation supports $190,082 over five years. Portfolio math shows five-year ROI at 81.2% and total cumulative return in cash at $183,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,467/mo property income against a $3,367/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Fifi Li • Redfin
Mls Name: MLSListings Inc
Mls ID: #ML82027988