7743 Chestnut StGilroyCA95020
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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 Gilroy at 7743 Chestnut St, Gilroy, CA, 95020 uses $145,529 cash to close to unlock $3,863/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $3,038/mo, and a $2,149/mo payment keeps the spread at $322/mo. Purchase price stands at $439,000, and rental yield measures 8.3% with $3,038/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash records $170,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,038/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No 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: David Silva • Crystal Estates
Mls Name: MLSListings Inc
Mls ID: #ML82026154