423 Colony Cove DrSan JoseCA95123
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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 423 Colony Cove Dr, San Jose, CA, 95123 priced at $748,880 pairs $3,349/mo rent with after a $3,665/mo payment. Total monthly income equals $3,349/mo. Return on cash invested is 10.06% in year one, and rental yield stands at 5.37% on a $748,880 basis. Equity gained on principal adds $4,832/yr, and 5% annual appreciation accumulates to $206,902 by year five. Five-year ROI measures 51.32% and total cumulative return in cash reaches $126,446. For financing, Ziffy Mortgage’s DSCR program evaluates $3,349/mo property income against a $3,665/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$460 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95123, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,587 (100%) |
| Owner Occupied HU | 14,216 (57.8%) |
| Renter Occupied HU | 9,594 (39.0%) |
| Vacant Housing Units | 777 ( 3.2%) |
| Median Home Value | $1,169,061 |
| Average Home Value | $1,179,482 |
Housing Distribution
Address Breakdown
Residential
24,862
Single Family
20,176
Multi-Family
4,686
Businesses
950
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Listed by: Joseph Borromeo • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81997321
Disclaimer: Based on information from the MLSListings MLS as of 2025-03-13 10:12:27 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.