96 Rancho Dr UNIT BSan JoseCA95111
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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 San Jose at 96 Rancho Dr UNIT B, San Jose, CA, 95111 uses $177,660 cash to close to unlock $978/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $3,422/mo, and a $2,643/mo payment keeps the spread at $82/mo. Purchase price stands at $540,000, and rental yield measures 7.6% with $3,422/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 106.58% and total cumulative return in cash records $189,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,422/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95111, San Jose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,643 (100%) |
| Owner Occupied HU | 8,898 (53.5%) |
| Renter Occupied HU | 7,339 (44.1%) |
| Vacant Housing Units | 406 ( 2.4%) |
| Median Home Value | $857,011 |
| Average Home Value | $974,302 |
Housing Distribution
Address Breakdown
Residential
16,177
Single Family
14,754
Multi-Family
1,423
Businesses
703
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Listed by: Erik Alvarez • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82021808