255 S Rengstorff Ave APT 5Mountain 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
Rental property for sale in Mountain View at 255 S Rengstorff Ave APT 5, Mountain View, CA, 94040 generates $3,330/mo in rent, after a $2,679/mo payment. Total monthly income is $3,330/mo. Return on cash invested sits at 14.87% in year one, and rental yield is 7.3% on a $547,400 entry. Equity gained on principal adds $3,532/yr, while 5% annual appreciation builds toward $151,237 over five years. Five-year ROI reaches 77.52% and total cumulative return in cash sums $139,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,330/mo property income rather than buyer’s personal income.
Apartment
Built in 1965
1,306 sqft lot
$N/A/sqft
$463 monthly 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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