2111 Latham St APT 321Mountain ViewCA94040
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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 2111 Latham St APT 321, Mountain View, CA, 94040 uses $243,131 cash to close to unlock $11,933/yr annual cash flow and $994/mo monthly cash flow. Total monthly income runs $5,566/mo, and a $3,617/mo payment keeps the spread at $994/mo. Purchase price stands at $739,000, and rental yield measures 9.04% with $5,566/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash records $315,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,566/mo property income covering a $3,617/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A 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
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Listed by: Erika Ameri • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82020271