690 Teatree CtSan JoseCA95128
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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 San Jose at 690 Teatree Ct, San Jose, CA, 95128 offers a 9.68% rental yield on a $649,000 purchase with $5,234/mo rent. Total monthly income registers $5,234/mo, and a $3,177/mo payment leaves $499/mo available for distribution. Annual cash flow reaches $5,988/yr on $213,521 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 120.11% and total cumulative return in cash at $256,464. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,234/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$525 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95128, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,742 (100%) |
| Owner Occupied HU | 5,144 (37.4%) |
| Renter Occupied HU | 7,805 (56.8%) |
| Vacant Housing Units | 793 ( 5.8%) |
| Median Home Value | $1,429,919 |
| Average Home Value | $1,417,628 |
Housing Distribution
Address Breakdown
Residential
14,926
Single Family
11,845
Multi-Family
3,081
Businesses
1,610
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Listed by: Samy Sayad • Samy Sayad, Broker
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81976575
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-29 08:43:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.