1251 Park StAlamedaCA94501
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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 1251 Park St, Alameda, CA, 94501 generates $3,910/mo in rent, after a $7,342/mo payment. Total monthly income is $3,910/mo. Return on cash invested sits at 7.11% in year one, and rental yield is 3.13% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 34.12% and total cumulative return in cash sums $165,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,910/mo property income rather than buyer’s personal income.
Multi Family
Built in 1913
4,965 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: Hsin-Chieh Chou • Giant Realty Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82023903