1246 Otis DrAlamedaCA94501
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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 1246 Otis Dr, Alameda, CA, 94501 earns from $5,899/mo rent with a $4,895/mo payment. Total monthly income totals $5,899/mo. ROI tracks 19.01% on current figures, and rental yield reads 7.08% at a $999,999 purchase. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,281 over five years. Five-year ROI reaches 98.01% and total cumulative return in cash sums $322,443. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,899/mo property income instead of your personal income.
Single Family
Built in 1963
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94501, Alameda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,448 (100%) |
| Owner Occupied HU | 11,332 (38.5%) |
| Renter Occupied HU | 15,712 (53.4%) |
| Vacant Housing Units | 2,404 ( 8.2%) |
| Median Home Value | $1,391,181 |
| Average Home Value | $1,407,626 |
Housing Distribution
Address Breakdown
Residential
28,552
Single Family
16,985
Multi-Family
11,567
Businesses
2,354
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Listed by: Eddie Santos • Realty One Group Future
Mls Name: CCAR
Mls ID: #41119444