6640 Tecate LnGilroyCA95020
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
Investment property for sale in Gilroy at 6640 Tecate Ln, Gilroy, CA, 95020 listed at $929,000 pairs $4,997/mo rent with a $4,547/mo payment. Total monthly income runs $4,997/mo. Return on cash invested measures 17.12% in year one, and rental yield registers 6.45% at a $929,000 basis. Equity gained on principal adds $5,995/yr, and annual property appreciation at 5% supports $256,666 by year five. Five-year ROI tracks 87.84% and total cumulative return in cash totals $268,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,997/mo property income relative to a $4,547/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
3,694 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95020, Gilroy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,660 (100%) |
| Owner Occupied HU | 12,913 (59.6%) |
| Renter Occupied HU | 7,817 (36.1%) |
| Vacant Housing Units | 930 ( 4.3%) |
| Median Home Value | $1,024,699 |
| Average Home Value | $1,156,483 |
Housing Distribution
Address Breakdown
Residential
21,040
Single Family
19,252
Multi-Family
1,788
Businesses
1,855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Holt • Elevate Group
Mls Name: MLSListings Inc
Mls ID: #ML82017301