400 Ortega Ave APT 216Mountain ViewCA94040
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 400 Ortega Ave APT 216, Mountain View, CA, 94040 in Mountain View at $797,000. Rental yield 6.29%. The 6.29% yield and 1.17 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $220,196 by year five, and $7,340/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $253,986.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 4.5% |
| Monthly Cash Flow | $(1,381) | $1,500 |
City averages based on Mountain View market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,181 |
| Total Monthly Debt Service | $4,613 |
| DSCR Ratio | 0.91x |
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 1975
1,025 sqft 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
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 1975
1,025 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSListings Inc
Mls ID: #ML82041320