64 Cardamom LnMorgan 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
Investment property for sale in Morgan Hill at 64 Cardamom Ln, Morgan Hill, CA, 95037 offers a 7.58% rental yield on a $880,600 purchase with $5,566/mo rent. Total monthly income registers $5,566/mo, and a $4,310/mo payment leaves $119/mo available for distribution. Annual cash flow reaches $1,423/yr on $289,717 to close, and return on cash invested stands at 20.55% in year one. Equity gained on principal adds $5,682/yr while 5% annual appreciation supports $243,294 over five years. Portfolio math shows five-year ROI at 106.25% and total cumulative return in cash at $307,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,566/mo property income against a $4,310/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A 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: N/A • N/A
Mls Name: DeNova Homes
Mls ID: #N/A