73 Serrano Lane #1304Morgan 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
Total monthly income runs $4,798/mo, and a $4,642/mo payment. Purchase price stands at $948,500, and rental yield measures 6.07% with $4,798/mo rent. Return on cash invested shows 15.95% in year one, and 5% annual appreciation builds toward $262,053 over five years. Five-year ROI reaches 81.57% and total cumulative return in cash records $254,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,798/mo property income covering a $4,642/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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: Lori Sanson • DeNova Home Sales Inc
Mls Name: BAREIS
Mls ID: #325075196