6880 Magic Springs DrGilroyCA95020
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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 Gilroy at 6880 Magic Springs Dr, Gilroy, CA, 95020 with 5% annual appreciation on a $395,000 basis while $2,821/mo rent supports operations. Total monthly income totals $2,821/mo and a $1,933/mo payment preserves $378/mo for cash returns. Annual cash flow comes to $4,533/yr on $130,943 deployed, and return on cash invested reaches 23.37% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 8.57%. Five-year ROI measures 121.4% and total cumulative return in cash totals $158,970.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,821/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
25.25 Acres 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
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Listed by: N/A • N/A
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