496 Dempsey Rd UNIT 199MilpitasCA95035
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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 Milpitas at 496 Dempsey Rd UNIT 199, Milpitas, CA, 95035 generates $3,066/mo in rent, after a $2,447/mo payment. Total monthly income is $3,066/mo. Return on cash invested sits at 19.71% in year one, and rental yield is 7.36% on a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 101.8% and total cumulative return in cash sums $168,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,066/mo property income rather than buyer’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95035, Milpitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,556 (100%) |
| Owner Occupied HU | 14,923 (54.2%) |
| Renter Occupied HU | 11,649 (42.3%) |
| Vacant Housing Units | 984 ( 3.6%) |
| Median Home Value | $1,330,681 |
| Average Home Value | $1,367,093 |
Housing Distribution
Address Breakdown
Residential
26,119
Single Family
21,590
Multi-Family
4,529
Businesses
2,738
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Listed by: Michael Manning • Manning Realty
Mls Name: MLSListings Inc
Mls ID: #ML82022697