505 Las Coches CtMorgan HillCA95037
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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 Morgan Hill at 505 Las Coches Ct, Morgan Hill, CA, 95037 at $1,299,000 posts ROI 19.78% with from $7,969/mo rent. Total monthly income equals $7,969/mo. Return on cash invested measures 19.78% and rental yield reads 7.36% at the current $1,299,000. Equity gained on principal adds $8,382/yr, and 5% annual appreciation supports $358,890 by year five. Five-year ROI prints 102.19% and total cumulative return in cash totals $430,081. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,969/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95037, Morgan Hill, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,093 (100%) |
| Owner Occupied HU | 12,917 (67.7%) |
| Renter Occupied HU | 5,331 (27.9%) |
| Vacant Housing Units | 845 ( 4.4%) |
| Median Home Value | $1,310,527 |
| Average Home Value | $1,370,583 |
Housing Distribution
Address Breakdown
Residential
17,729
Single Family
16,416
Multi-Family
1,313
Businesses
1,441
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Listed by: Terry Moriyama • Real Brokerage Technologies
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81971325
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 22:32:28 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.