3362 Tonga LnAlamedaCA94502
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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 Alameda at 3362 Tonga Ln, Alameda, CA, 94502 priced at $608,491 pairs $5,267/mo rent with $1,103/mo cash flow after a $2,978/mo payment. Total monthly income equals $5,267/mo, and annual cash flow comes to $13,235/yr on $200,194 invested. Return on cash invested is 26.67% in year one, and rental yield stands at 10.39% on a $608,491 basis. Equity gained on principal adds $3,927/yr, and 5% annual appreciation accumulates to $168,115 by year five. Five-year ROI measures 139.93% and total cumulative return in cash reaches $280,130. For financing, Ziffy Mortgage’s DSCR program evaluates $5,267/mo property income against a $2,978/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1970
1,655 sqft lot
$N/A/sqft
No 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: N/A • N/A
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