5961 S Surf CtSan JoseCA95138
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 5961 S Surf Ct, San Jose, CA, 95138 in San Jose the bet is firmly on appreciation. Rental yield 4.99%. The 4.99% gross yield on a $1,325,000 price is below income-first thresholds, but 5%/yr value growth projects $366,073 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.93) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $329,711.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.0% |
| Monthly Cash Flow | $(2,684) | $500 |
City averages based on San Jose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,513 |
| Total Monthly Debt Service | $7,669 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
4,495 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95138, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,049 (100%) |
| Owner Occupied HU | 4,809 (79.5%) |
| Renter Occupied HU | 1,082 (17.9%) |
| Vacant Housing Units | 158 ( 2.6%) |
| Median Home Value | $1,514,052 |
| Average Home Value | $1,484,227 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,812
Multi-Family
224
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1984
4,495 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95138, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,049 (100%) |
| Owner Occupied HU | 4,809 (79.5%) |
| Renter Occupied HU | 1,082 (17.9%) |
| Vacant Housing Units | 158 ( 2.6%) |
| Median Home Value | $1,514,052 |
| Average Home Value | $1,484,227 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,812
Multi-Family
224
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Hanks • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82035539