7050 Rainbow Dr APT 4San JoseCA95129
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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 7050 Rainbow Dr APT 4, San Jose, CA, 95129 offers a 5.82% rental yield on a $1,090,000 purchase with $5,285/mo rent. 42% in year one. Equity gained on principal adds $7,034/yr while 5% annual appreciation supports $301,147 over five years. Portfolio math shows five-year ROI at 78.66% and total cumulative return in cash at $277,788. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,285/mo property income against a $5,335/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1964
9,113 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95129, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,142 (100%) |
| Owner Occupied HU | 7,733 (54.7%) |
| Renter Occupied HU | 5,844 (41.3%) |
| Vacant Housing Units | 565 ( 4.0%) |
| Median Home Value | $1,858,556 |
| Average Home Value | $1,771,965 |
Housing Distribution
Address Breakdown
Residential
14,690
Single Family
12,372
Multi-Family
2,318
Businesses
1,124
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Listed by: Ariel Chen • Keller Williams Thrive
Mls Name: MLSListings Inc
Mls ID: #ML82032750