38 N Almaden Blvd UNIT 506San 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
Rental property for sale in San Jose at 38 N Almaden Blvd UNIT 506, San Jose, CA, 95110 generates $3,529/mo in rent, after a $3,206/mo payment. Total monthly income is $3,529/mo. Return on cash invested sits at 12.93% in year one, and rental yield is 6.47% on a $655,000 entry. Equity gained on principal adds $4,227/yr, while 5% annual appreciation builds toward $180,964 over five years. Five-year ROI reaches 66.92% and total cumulative return in cash sums $144,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,529/mo property income rather than buyer’s personal income.
Condo
Built in 2008
0.49 Acres lot
$N/A/sqft
$579 monthly 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: Donald Oliveira • HomeSmart PV & Associates
Mls Name: MetroList Services of CA
Mls ID: #225112740