861 Gilchrist Dr #4San JoseCA95133
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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
Rental property for sale in San Jose at 861 Gilchrist Dr #4, San Jose, CA, 95133 priced at $545,000 converts $4,606/mo rent into $824/mo cash flow after a $2,668/mo obligation. Total monthly income equals $4,606/mo, and annual cash flow totals $9,888/yr on $179,305 invested. Return on cash invested prints 25.58% in year one, and rental yield reads 10.14% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 134.2% and total cumulative return in cash sums $240,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,606/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$410 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95133, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,500 (100%) |
| Owner Occupied HU | 5,088 (53.6%) |
| Renter Occupied HU | 4,154 (43.7%) |
| Vacant Housing Units | 258 ( 2.7%) |
| Median Home Value | $1,183,293 |
| Average Home Value | $1,191,329 |
Housing Distribution
Address Breakdown
Residential
9,657
Single Family
8,248
Multi-Family
1,409
Businesses
472
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Listed by: Linda Baker • Milestone Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81966647
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-16 04:02:48 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.