1331 Alma StPalo AltoCA94301
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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 Palo Alto at 1331 Alma St, Palo Alto, CA, 94301 offers a 3.97% rental yield on a $1,788,000 purchase with $5,921/mo rent. 72% in year one. Equity gained on principal adds $11,538/yr while 5% annual appreciation supports $493,991 over five years. Portfolio math shows five-year ROI at 48.12% and total cumulative return in cash at $278,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,921/mo property income against a $8,751/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94301, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,204 (100%) |
| Owner Occupied HU | 3,604 (43.9%) |
| Renter Occupied HU | 3,600 (43.9%) |
| Vacant Housing Units | 1,000 (12.2%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,033,909 |
Housing Distribution
Address Breakdown
Residential
7,817
Single Family
5,262
Multi-Family
2,555
Businesses
1,013
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Listed by: Jennifer Yiu • Redfin
Mls Name: MLSListings Inc
Mls ID: #ML82016341