188 Alamo SqAlamoCA94507
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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 Alamo at 188 Alamo Sq, Alamo, CA, 94507 priced at $1,275,000 converts $5,760/mo rent into after a $6,240/mo obligation. Total monthly income equals $5,760/mo. Return on cash invested prints 11.53% in year one, and rental yield reads 5.42% against a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation compiles into $352,259 by year five. Five-year ROI reaches 58.77% and total cumulative return in cash sums $242,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,760/mo property income covering a $6,240/mo payment, not borrower’s personal income.
Townhouse
Built in 1975
1,380 sqft lot
$N/A/sqft
$764 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94507, Alamo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,115 (100%) |
| Owner Occupied HU | 4,458 (87.2%) |
| Renter Occupied HU | 421 ( 8.2%) |
| Vacant Housing Units | 236 ( 4.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,886,763 |
Housing Distribution
Address Breakdown
Residential
5,543
Single Family
5,418
Multi-Family
125
Businesses
597
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Listed by: Susan M. Schultes • Compass
Mls Name: SFAR
Mls Provider:
Mls ID: #425070340
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.