879 N 7th StSan JoseCA95112
Nearby investment properties with comparable rents
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
Rental property for sale in San Jose at 879 N 7th St, San Jose, CA, 95112 priced at $1,198,998 converts $6,241/mo rent into after a $5,869/mo obligation. Total monthly income equals $6,241/mo. Return on cash invested prints 16.74% in year one, and rental yield reads 6.25% against a $1,198,998 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation compiles into $331,261 by year five. Five-year ROI reaches 85.74% and total cumulative return in cash sums $333,093. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,241/mo property income covering a $5,869/mo payment, not borrower’s personal income.
Single Family
Built in 1949
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95112, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,764 (100%) |
| Owner Occupied HU | 6,050 (24.4%) |
| Renter Occupied HU | 16,994 (68.6%) |
| Vacant Housing Units | 1,720 ( 6.9%) |
| Median Home Value | $1,119,691 |
| Average Home Value | $1,168,240 |
Housing Distribution
Address Breakdown
Residential
23,233
Single Family
14,328
Multi-Family
8,905
Businesses
3,455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel Spinella II • Real Estate 38
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81976377
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-27 16:13:27 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.