230 Basinside WayAlamedaCA94502
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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
Investment property for sale in Alameda at 230 Basinside Way, Alameda, CA, 94502 at $1,649,000 posts ROI 9.29% with from $5,627/mo rent. Total monthly income equals $5,627/mo. Return on cash invested measures 9.29% and rental yield reads 4.09% at the current $1,649,000. Equity gained on principal adds $10,641/yr, and 5% annual appreciation supports $455,588 by year five. Five-year ROI prints 46.08% and total cumulative return in cash totals $246,219. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,627/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
6,098 sqft lot
$N/A/sqft
$314 monthly 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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Listed by: Carolynn Thelemaque • Tucker Associates RE Services
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41074092
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-10-18 00:23:30 PDT.