2047 Montecito Ave APT 20Mountain ViewCA94043
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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 Mountain View at 2047 Montecito Ave APT 20, Mountain View, CA, 94043 listed at $978,888 pairs $4,159/mo rent with a $4,791/mo payment. Total monthly income runs $4,159/mo. Return on cash invested measures 9.53% in year one, and rental yield registers 5.1% at a $978,888 basis. Equity gained on principal adds $6,317/yr, and annual property appreciation at 5% supports $270,449 by year five. Five-year ROI tracks 48.42% and total cumulative return in cash totals $155,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,159/mo property income relative to a $4,791/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1964
N/A lot
$N/A/sqft
$615 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94043, Mountain View, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,808 (100%) |
| Owner Occupied HU | 6,155 (38.9%) |
| Renter Occupied HU | 8,321 (52.6%) |
| Vacant Housing Units | 1,332 ( 8.4%) |
| Median Home Value | $1,772,560 |
| Average Home Value | $1,663,473 |
Housing Distribution
Address Breakdown
Residential
14,295
Single Family
8,759
Multi-Family
5,536
Businesses
1,133
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Listed by: Joanna Lopez • Redfin
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81986543
Disclaimer: Based on information from the MLSListings MLS as of 2025-01-08 00:51:37 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.