2047 Montecito Ave APT 33Mountain ViewCA94043
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 2047 Montecito Ave APT 33, Mountain View, CA, 94043 in Mountain View is a conservative rental investment at $449,999. Rental yield 7.03%. A 1.30 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $124,326; $4,145/yr in principal paydown supplements. Total projected return: $120,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 4.5% |
| Monthly Cash Flow | $(824) | $1,500 |
City averages based on Mountain View market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,638 |
| Total Monthly Debt Service | $3,282 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
N/A lot
$N/A/sqft
$485 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
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
N/A lot
$N/A/sqft
$485 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices