690 Claridad LoopMilpitasCA95035
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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
Rental property for sale in Milpitas at 690 Claridad Loop, Milpitas, CA, 95035 priced at $1,290,000 pairs $5,130/mo rent with after a $6,314/mo payment. Total monthly income equals $5,130/mo. Return on cash invested is 10.65% in year one, and rental yield stands at 4.77% on a $1,290,000 basis. Equity gained on principal adds $8,324/yr, and 5% annual appreciation accumulates to $356,403 by year five. Five-year ROI measures 53.63% and total cumulative return in cash reaches $224,168. For financing, Ziffy Mortgage’s DSCR program evaluates $5,130/mo property income against a $6,314/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
684 sqft lot
$N/A/sqft
$424 monthly 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: Sonali Thatte • Property Plus Solution, Inc.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225032740
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