361 Caribe WaySan JoseCA95133
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
Investment Highlights
Rental property for sale in San Jose at 361 Caribe Way, San Jose, CA, 95133 priced at $629,000 pairs $5,665/mo rent with $1,187/mo cash flow after a $3,079/mo payment. Total monthly income equals $5,665/mo, and annual cash flow comes to $14,238/yr on $206,941 invested. Return on cash invested is 26.94% in year one, and rental yield stands at 10.81% on a $629,000 basis. Equity gained on principal adds $4,059/yr, and 5% annual appreciation accumulates to $173,781 by year five. Five-year ROI measures 141.75% and total cumulative return in cash reaches $293,337. For financing, Ziffy Mortgage’s DSCR program evaluates $5,665/mo property income against a $3,079/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
768 sqft lot
$N/A/sqft
$587 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95133, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,500 (100%) |
| Owner Occupied HU | 5,088 (53.6%) |
| Renter Occupied HU | 4,154 (43.7%) |
| Vacant Housing Units | 258 ( 2.7%) |
| Median Home Value | $1,183,293 |
| Average Home Value | $1,191,329 |
Housing Distribution
Address Breakdown
Residential
9,657
Single Family
8,248
Multi-Family
1,409
Businesses
472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Celia Detar • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81977321
Disclaimer: Based on information from the MLSListings MLS as of 2024-09-03 17:28:33 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.