2047 Stanford StAlamedaCA94501
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2047 Stanford St, Alameda, CA, 94501 in Alameda hard to pass up. The 13.19% gross yield on a $994,858 purchase results in $10,939/mo in rent and $4,435/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.45). Annual cash flow of $53,218, five-year appreciation of $274,861, and $9,163/yr in equity build-up combine for a projected total cumulative return of $664,065.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 5.5% |
| Monthly Cash Flow | $4,435 | $250 |
City averages based on Alameda market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $10,939 |
| Total Monthly Debt Service | $6,109 |
| DSCR Ratio | 1.79x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
609.84 sqft lot
$N/A/sqft
$350 monthly 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
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
Condo
Built in 2023
609.84 sqft lot
$N/A/sqft
$350 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices