7709 Sumac PlGilroyCA95020
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Nearby investment properties with comparable prices
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 Gilroy at 7709 Sumac Pl, Gilroy, CA, 95020 earns $736/mo cash flow from $6,990/mo rent with a $4,650/mo payment. Total monthly income totals $6,990/mo, and annual cash flow totals $8,827/yr on $312,550 capital. ROI tracks 22.88% on current figures, and rental yield reads 8.83% at a $949,999 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 119.29% and total cumulative return in cash sums $372,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,990/mo property income instead of your personal income.
Single Family
Built in 2015
3,485 sqft lot
$N/A/sqft
$109 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95020, Gilroy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,660 (100%) |
| Owner Occupied HU | 12,913 (59.6%) |
| Renter Occupied HU | 7,817 (36.1%) |
| Vacant Housing Units | 930 ( 4.3%) |
| Median Home Value | $1,024,699 |
| Average Home Value | $1,156,483 |
Housing Distribution
Address Breakdown
Residential
21,040
Single Family
19,252
Multi-Family
1,788
Businesses
1,855
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Listed by: Ted Toffey • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81971382
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 21:01:00 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.