88 E San Fernando St UNIT 303San JoseCA95113
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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 88 E San Fernando St UNIT 303, San Jose, CA, 95113 generates $6,256/mo in rent and, after a $3,906/mo payment, leaves $149/mo in cash flow. Total monthly income is $6,256/mo, and annual cash flow is $1,790/yr on $262,542 invested. Return on cash invested sits at 20.74% in year one, and rental yield is 9.41% on a $798,000 entry. Equity gained on principal adds $5,149/yr, while 5% annual appreciation builds toward $220,473 over five years. Five-year ROI reaches 109.22% and total cumulative return in cash sums $286,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,256/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,063 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95113, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,214 (100%) |
| Owner Occupied HU | 569 (17.7%) |
| Renter Occupied HU | 2,130 (66.3%) |
| Vacant Housing Units | 515 (16.0%) |
| Median Home Value | $1,242,038 |
| Average Home Value | $1,376,479 |
Housing Distribution
Address Breakdown
Residential
2,039
Single Family
177
Multi-Family
1,862
Businesses
1,259
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Listed by: Vivian Lee • Homeland Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81976796
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-27 16:43:31 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.