598 Ironwood Ter APT 2SunnyvaleCA94086
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
Investment Highlights
Rental property for sale in Sunnyvale at 598 Ironwood Ter APT 2, Sunnyvale, CA, 94086 priced at $655,000 pairs $4,742/mo rent with $6/mo cash flow after a $3,206/mo payment. Total monthly income equals $4,742/mo, and annual cash flow comes to $69/yr on $215,495 invested. Return on cash invested is 20.09% in year one, and rental yield stands at 8.69% on a $655,000 basis. Equity gained on principal adds $4,227/yr, and 5% annual appreciation accumulates to $180,964 by year five. Five-year ROI measures 105.17% and total cumulative return in cash reaches $226,643. For financing, Ziffy Mortgage’s DSCR program evaluates $4,742/mo property income against a $3,206/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$491 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94086, Sunnyvale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,100 (100%) |
| Owner Occupied HU | 7,305 (29.1%) |
| Renter Occupied HU | 15,598 (62.1%) |
| Vacant Housing Units | 2,197 ( 8.8%) |
| Median Home Value | $1,669,204 |
| Average Home Value | $1,587,342 |
Housing Distribution
Address Breakdown
Residential
21,595
Single Family
12,345
Multi-Family
9,250
Businesses
997
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Minhua Jin • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81975309
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 23:02:46 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.