2 Admiral Dr #B280EmeryvilleCA94608
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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 Emeryville at 2 Admiral Dr #B280, Emeryville, CA, 94608 priced at $350,000 converts $2,837/mo rent into $172/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,837/mo, and annual cash flow totals $2,059/yr on $116,025 invested. Return on cash invested prints 21.68% in year one, and rental yield reads 9.73% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 114.24% and total cumulative return in cash sums $132,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,837/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Condo
Built in 1973
2.52 Acres lot
$N/A/sqft
$498 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94608, Emeryville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,730 (100%) |
| Owner Occupied HU | 5,074 (28.6%) |
| Renter Occupied HU | 11,087 (62.5%) |
| Vacant Housing Units | 1,569 ( 8.8%) |
| Median Home Value | $992,047 |
| Average Home Value | $1,097,014 |
Housing Distribution
Address Breakdown
Residential
16,280
Single Family
7,484
Multi-Family
8,796
Businesses
1,822
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