38 N Almaden Blvd UNIT 1115San JoseCA95110
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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 38 N Almaden Blvd UNIT 1115, San Jose, CA, 95110 offers a 5.57% rental yield on a $1,048,888 purchase with $4,871/mo rent. 66% in year one. Equity gained on principal adds $6,768/yr while 5% annual appreciation supports $289,788 over five years. Portfolio math shows five-year ROI at 74.59% and total cumulative return in cash at $253,480. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,871/mo property income against a $5,134/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95110, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,342 (28.8%) |
| Renter Occupied HU | 4,967 (61.1%) |
| Vacant Housing Units | 819 (10.1%) |
| Median Home Value | $1,072,331 |
| Average Home Value | $1,145,478 |
Housing Distribution
Address Breakdown
Residential
7,910
Single Family
4,380
Multi-Family
3,530
Businesses
1,453
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Listed by: Robert Garcia • Redfin
Mls Name: MLSListings Inc
Mls ID: #ML82003727