600 S Abel St UNIT 225MilpitasCA95035
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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 Milpitas at 600 S Abel St UNIT 225, Milpitas, CA, 95035 listed at $849,000 pairs $3,586/mo rent with a $4,155/mo payment. Total monthly income runs $3,586/mo. Return on cash invested measures 12.9% in year one, and rental yield registers 5.07% at a $849,000 basis. Equity gained on principal adds $5,478/yr, and annual property appreciation at 5% supports $234,563 by year five. Five-year ROI tracks 65.25% and total cumulative return in cash totals $182,252. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,586/mo property income relative to a $4,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95035, Milpitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,556 (100%) |
| Owner Occupied HU | 14,923 (54.2%) |
| Renter Occupied HU | 11,649 (42.3%) |
| Vacant Housing Units | 984 ( 3.6%) |
| Median Home Value | $1,330,681 |
| Average Home Value | $1,367,093 |
Housing Distribution
Address Breakdown
Residential
26,119
Single Family
21,590
Multi-Family
4,529
Businesses
2,738
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Listed by: Shaju Cherian • Cascade California Realty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41101952