$949,000
388 Ribbonwood Ave, San Jose 95123
AddressIntel AI Briefing
This condominium presents a stable buy-and-hold opportunity backed by strong household income in the immediate census block. The asset is priced above current market comps, making a traditional flip difficult, but strong rental fundamentals remain. Focus on long-term appreciation and solid tenant retention in this high-barrier market.
Property Permit History
Recent Neighborhood Remodeling (San Jose)
Parcel & Zoning Info
Condo Investment Snapshot
Price positioning vs. 109 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
Fault Zone
Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.
Nearby Public Schools
Anderson (Alex) Elementary
Oak Grove Elementary
Bernal Intermediate
Oak Grove Elementary
Calero High
East Side Union High
School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.
Proprietary Intelligence
Market Heat Index
100/100
Based on recent sales velocity and local demand in 95123.
Flippability Score
15/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
14%
Likelihood of multiple offers based on local list-to-sale ratios and DOM.
Proforma ROI Calculator
Back-of-the-napkin deal analysis across development strategies.
Median of 12 recent condo sales in San Jose (95123): $538/sqft. Sized within 50% of the 2,100 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.
Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.
Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (San Jose 95123)
Sized to the modelled 2,100 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.