1001 46th St UNIT 323EmeryvilleCA94608
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 1001 46th St UNIT 323, Emeryville, CA, 94608 in Emeryville: $4,492/mo in rent, $469/mo in net income, 10.63% gross yield, 1.97 DSCR, all at $507,200. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $140,130 in appreciation and $4,671/yr in principal paydown projects total cumulative return of $226,347.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 4.5% |
| Monthly Cash Flow | $469 | $200 |
City averages based on Emeryville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,492 |
| Total Monthly Debt Service | $3,821 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2008
N/A lot
$N/A/sqft
$682 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94608, Emeryville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,730 (100%) |
| Owner Occupied HU | 5,074 (28.6%) |
| Renter Occupied HU | 11,087 (62.5%) |
| Vacant Housing Units | 1,569 ( 8.8%) |
| Median Home Value | $992,047 |
| Average Home Value | $1,097,014 |
Housing Distribution
Address Breakdown
Residential
16,280
Single Family
7,484
Multi-Family
8,796
Businesses
1,822
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 2008
N/A lot
$N/A/sqft
$682 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94608, Emeryville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,730 (100%) |
| Owner Occupied HU | 5,074 (28.6%) |
| Renter Occupied HU | 11,087 (62.5%) |
| Vacant Housing Units | 1,569 ( 8.8%) |
| Median Home Value | $992,047 |
| Average Home Value | $1,097,014 |
Housing Distribution
Address Breakdown
Residential
16,280
Single Family
7,484
Multi-Family
8,796
Businesses
1,822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie O. Mates • Sequoia Real Estate
Mls Name: SFAR
Mls Provider:
Mls ID: #425010145
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.