520 La Baree DrMorgan 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
Rental property for sale in Morgan Hill at 520 La Baree Dr, Morgan Hill, CA, 95037 offers $4,853/mo rent that, after a $5,139/mo payment. Total monthly income is $4,853/mo. Return on cash invested measures 14.58% in year one, and rental yield stands at 5.55% at a $1,050,000 entry. Equity gained on principal adds $6,775/yr while 5% annual appreciation compounds into $290,096 by year five. Five-year ROI records 74.15% and total cumulative return in cash reaches $252,257. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,853/mo property income versus a $5,139/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,560 sqft 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: Noreen Nemec • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82027459