970 Ortega CirGilroyCA95020
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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 Gilroy at 970 Ortega Cir, Gilroy, CA, 95020 offers $4,566/mo rent that, after a $4,645/mo payment. Total monthly income is $4,566/mo. Return on cash invested measures 15.05% in year one, and rental yield stands at 5.77% at a $949,000 entry. Equity gained on principal adds $6,124/yr while 5% annual appreciation compounds into $262,191 by year five. Five-year ROI records 76.73% and total cumulative return in cash reaches $239,568. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,566/mo property income versus a $4,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
7,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95020, Gilroy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,660 (100%) |
| Owner Occupied HU | 12,913 (59.6%) |
| Renter Occupied HU | 7,817 (36.1%) |
| Vacant Housing Units | 930 ( 4.3%) |
| Median Home Value | $1,024,699 |
| Average Home Value | $1,156,483 |
Housing Distribution
Address Breakdown
Residential
21,040
Single Family
19,252
Multi-Family
1,788
Businesses
1,855
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Listed by: Alma Ayala • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82005124