937 Summerside Dr Unit DSan JoseCA95122
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 937 Summerside Dr Unit D, San Jose, CA, 95122 in San Jose is narrow, $77/mo net on $4,427/mo rent after the $2,833/mo debt service, but the property operates at break-even-plus, not a loss. At $629,998 with a 8.43% yield, the long-run equity case via 5% appreciation ($174,057 over five years) and $5,802/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.56 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $272,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $77 | $500 |
City averages based on San Jose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,427 |
| Total Monthly Debt Service | $3,647 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95122, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,141 (100%) |
| Owner Occupied HU | 6,416 (48.8%) |
| Renter Occupied HU | 6,309 (48.0%) |
| Vacant Housing Units | 416 ( 3.2%) |
| Median Home Value | $829,339 |
| Average Home Value | $880,897 |
Housing Distribution
Address Breakdown
Residential
12,708
Single Family
10,964
Multi-Family
1,744
Businesses
1,332
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
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95122, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,141 (100%) |
| Owner Occupied HU | 6,416 (48.8%) |
| Renter Occupied HU | 6,309 (48.0%) |
| Vacant Housing Units | 416 ( 3.2%) |
| Median Home Value | $829,339 |
| Average Home Value | $880,897 |
Housing Distribution
Address Breakdown
Residential
12,708
Single Family
10,964
Multi-Family
1,744
Businesses
1,332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Nelsen • Christie's International Real Estate Sereno
Mls Name: MLSListings Inc
Mls ID: #ML82032269