388 Rutland AveSan JoseCA95128
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 388 Rutland Ave, San Jose, CA, 95128 offers $7,073/mo rent that, after a $4,640/mo payment, leaves $1,209/mo cash flow. Total monthly income is $7,073/mo, and annual cash flow is $14,502/yr on $311,892 cash. Return on cash invested measures 24.71% in year one, and rental yield stands at 8.95% at a $948,000 entry. Equity gained on principal adds $6,117/yr while 5% annual appreciation compounds into $261,915 by year five. Five-year ROI records 128.55% and total cumulative return in cash reaches $400,942. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,073/mo property income versus a $4,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95128, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,742 (100%) |
| Owner Occupied HU | 5,144 (37.4%) |
| Renter Occupied HU | 7,805 (56.8%) |
| Vacant Housing Units | 793 ( 5.8%) |
| Median Home Value | $1,429,919 |
| Average Home Value | $1,417,628 |
Housing Distribution
Address Breakdown
Residential
14,926
Single Family
11,845
Multi-Family
3,081
Businesses
1,610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joey Portale • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81969700
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-16 03:32:49 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.