1515 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 1515 Park St, Alameda, CA, 94501 priced at $1,591,800 converts $5,276/mo rent into after a $7,791/mo obligation. Total monthly income equals $5,276/mo. Return on cash invested prints 7.69% in year one, and rental yield reads 3.98% against a $1,591,800 entry. Equity gained on principal adds $10,272/yr, while 5% annual appreciation compiles into $439,785 by year five. Five-year ROI reaches 37.98% and total cumulative return in cash sums $195,897. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,276/mo property income covering a $7,791/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,659 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: N/A • N/A
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