576 W Parr Ave UNIT 1Los GatosCA95032
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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 Los Gatos at 576 W Parr Ave UNIT 1, Los Gatos, CA, 95032 generates $4,240/mo in rent and, after a $3,181/mo payment, leaves $219/mo in cash flow. Total monthly income is $4,240/mo, and annual cash flow is $2,633/yr on $213,850 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 7.83% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 110.22% and total cumulative return in cash sums $235,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,240/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95032, Los Gatos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,224 (100%) |
| Owner Occupied HU | 7,116 (63.4%) |
| Renter Occupied HU | 3,629 (32.3%) |
| Vacant Housing Units | 479 ( 4.3%) |
| Median Home Value | $1,945,987 |
| Average Home Value | $1,789,765 |
Housing Distribution
Address Breakdown
Residential
11,128
Single Family
9,885
Multi-Family
1,243
Businesses
1,092
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Listed by: Brett Weitzmann • The Agency
Mls Name: MLSListings Inc
Mls ID: #ML82026976