1940 Mount Vernon Ct APT 1Mountain ViewCA94040
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 1940 Mount Vernon Ct APT 1, Mountain View, CA, 94040 in Mountain View offers a clean, manageable entry. Rental yield 7.34%. DSCR 1.36 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $219,644 in additional property value over five years, with $7,322/yr in principal equity building ownership stake. Total projected cumulative return: $297,729.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 4.5% |
| Monthly Cash Flow | $(818) | $1,500 |
City averages based on Mountain View market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,860 |
| Total Monthly Debt Service | $4,602 |
| DSCR Ratio | 1.06x |
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 1964
1,110 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94040, Mountain View, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,614 (100%) |
| Owner Occupied HU | 5,616 (31.9%) |
| Renter Occupied HU | 10,419 (59.2%) |
| Vacant Housing Units | 1,579 ( 9.0%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,893,503 |
Housing Distribution
Address Breakdown
Residential
17,536
Single Family
8,834
Multi-Family
8,702
Businesses
936
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 1964
1,110 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94040, Mountain View, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,614 (100%) |
| Owner Occupied HU | 5,616 (31.9%) |
| Renter Occupied HU | 10,419 (59.2%) |
| Vacant Housing Units | 1,579 ( 9.0%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,893,503 |
Housing Distribution
Address Breakdown
Residential
17,536
Single Family
8,834
Multi-Family
8,702
Businesses
936
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan LaRagione • Corcoran Icon Properties
Mls Name: MLSListings Inc
Mls ID: #ML82032636