727 Mei DrMorgan HillCA95037
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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 Morgan Hill at 727 Mei Dr, Morgan Hill, CA, 95037 with 5% annual appreciation on a $658,699 basis while $3,604/mo rent supports operations. 78% in year one. Equity gained on principal adds $4,250/yr, and five-year appreciation sums $181,986 alongside rental yield of 6.57%. Five-year ROI measures 81.26% and total cumulative return in cash totals $176,109. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,604/mo property income versus a $3,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
2,178 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95037, Morgan Hill, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,093 (100%) |
| Owner Occupied HU | 12,917 (67.7%) |
| Renter Occupied HU | 5,331 (27.9%) |
| Vacant Housing Units | 845 ( 4.4%) |
| Median Home Value | $1,310,527 |
| Average Home Value | $1,370,583 |
Housing Distribution
Address Breakdown
Residential
17,729
Single Family
16,416
Multi-Family
1,313
Businesses
1,441
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Listed by: Susan Fixsen • RE/MAX Gold
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81971794
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-19 10:01:12 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.