2839 Washington 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
Investment property for sale in Alameda at 2839 Washington St, Alameda, CA, 94501 listed at $849,000 pairs $5,340/mo rent with a $4,155/mo payment to leave $88/mo cash flow. Total monthly income runs $5,340/mo, and annual cash flow reaches $1,060/yr on $279,321 cash to close. Return on cash invested measures 20.44% in year one, and rental yield registers 7.55% at a $849,000 basis. Equity gained on principal adds $5,478/yr, and annual property appreciation at 5% supports $234,563 by year five. Five-year ROI tracks 105.66% and total cumulative return in cash totals $295,124. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,340/mo property income relative to a $4,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1912
3,920 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: Barbara Reynolds • Golden Gate Sothebys Intl Rlty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41115294