3342 Fir AveAlamedaCA94502
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3342 Fir Ave, Alameda, CA, 94502 in Alameda deserves attention. This $788,000 property earns $7,286/mo in rent, a 11.1% gross yield, and nets $1,962/mo after the $3,543/mo payment. DSCR 2.06 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $217,710 compounds alongside $7,258/yr in yearly equity build, for a total cumulative return of $427,011.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.5% |
| Monthly Cash Flow | $1,962 | $250 |
City averages based on Alameda market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,286 |
| Total Monthly Debt Service | $5,011 |
| DSCR Ratio | 1.45x |
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.
Townhouse
Built in 1970
1,742 sqft lot
$N/A/sqft
$450 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
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
Townhouse
Built in 1970
1,742 sqft lot
$N/A/sqft
$450 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices