38 Devonshire Ave APT 6Mountain ViewCA94043
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 38 Devonshire Ave APT 6, Mountain View, CA, 94043 in Mountain View. Rental yield 3.51%. At $1,390,000 with 3.51% gross yield, current distributions are modest, but the 5% appreciation rate projects $384,031 in new equity by year five, complemented by $12,802/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.65) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $235,508.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 4.5% |
| Monthly Cash Flow | $(5,006) | $1,500 |
City averages based on Mountain View market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,068 |
| Total Monthly Debt Service | $8,046 |
| DSCR Ratio | 0.51x |
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.
Townhouse
Built in 1981
839 sqft lot
$N/A/sqft
No 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
Townhouse
Built in 1981
839 sqft lot
$N/A/sqft
No 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
Listed by: N/A • N/A
Mls Name: MLSListings Inc
Mls ID: #ML82037059