400 Ortega Ave APT 301Mountain 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 400 Ortega Ave APT 301, Mountain View, CA, 94040 offers a 6.53% rental yield on a $829,000 purchase with $4,512/mo rent. 89% in year one. Equity gained on principal adds $5,349/yr while 5% annual appreciation supports $229,037 over five years. Portfolio math shows five-year ROI at 71.76% and total cumulative return in cash at $195,724. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,512/mo property income against a $4,058/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
1,300 sqft lot
$N/A/sqft
$512 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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