111 Capetown 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
Rental property for sale in Alameda at 111 Capetown Dr, Alameda, CA, 94502 priced at $1,495,000 converts $6,570/mo rent into after a $7,317/mo obligation. Total monthly income equals $6,570/mo. Return on cash invested prints 13.74% in year one, and rental yield reads 5.27% against a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation compiles into $413,041 by year five. Five-year ROI reaches 69.63% and total cumulative return in cash sums $337,261. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,570/mo property income covering a $7,317/mo payment, not borrower’s personal income.
Single Family
Built in 1985
3,920 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: Richard Kim • Compass
Mls Name: Bay East AOR
Mls ID: #41105243