550 Ortega Ave APT B123Mountain 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 550 Ortega Ave APT B123, Mountain View, CA, 94040 earns from $3,014/mo rent with a $3,172/mo payment. Total monthly income totals $3,014/mo. ROI tracks 14.46% on current figures, and rental yield reads 5.58% at a $648,000 purchase. Equity gained on principal adds $4,181/yr, and 5% annual appreciation supports $179,030 over five years. Five-year ROI reaches 73.58% and total cumulative return in cash sums $156,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,014/mo property income instead of your personal income.
Condo
Built in 1992
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: Riette Fallant • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82014401