15 McDonnel RdAlamedaCA94502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 15 McDonnel Rd, Alameda, CA, 94502 offers $4,656/mo rent that, after a $5,286/mo payment. Total monthly income is $4,656/mo. Return on cash invested measures 13.43% in year one, and rental yield stands at 5.17% at a $1,080,000 entry. Equity gained on principal adds $6,969/yr while 5% annual appreciation compounds into $298,384 by year five. Five-year ROI records 67.97% and total cumulative return in cash reaches $237,832. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,656/mo property income versus a $5,286/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
2,613 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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Nearby investment properties with comparable prices
Listed by: Ringo Liu • Kw Advisors East Bay
Mls Name: Bay East AOR
Mls ID: #41108445