1104 Verdemar DrAlamedaCA94502
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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 Alameda at 1104 Verdemar Dr, Alameda, CA, 94502 listed at $689,000 pairs $4,133/mo rent with a $3,372/mo payment. Total monthly income runs $4,133/mo. Return on cash invested measures 19.38% in year one, and rental yield registers 7.2% at a $689,000 basis. Equity gained on principal adds $4,446/yr, and annual property appreciation at 5% supports $190,358 by year five. Five-year ROI tracks 99.97% and total cumulative return in cash totals $226,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,133/mo property income relative to a $3,372/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1967
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94502, Alameda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,163 (100%) |
| Owner Occupied HU | 4,086 (79.1%) |
| Renter Occupied HU | 874 (16.9%) |
| Vacant Housing Units | 203 ( 3.9%) |
| Median Home Value | $1,364,754 |
| Average Home Value | $1,397,967 |
Housing Distribution
Address Breakdown
Residential
5,267
Single Family
5,094
Multi-Family
173
Businesses
269
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Listed by: Ernie Sexton • SEXTON GROUP, R.E.
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41115908