457 Central Ave APT CAlamedaCA94501
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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 457 Central Ave APT C, Alameda, CA, 94501 priced at $419,500 converts $2,479/mo rent into after a $2,053/mo obligation. Total monthly income equals $2,479/mo. Return on cash invested prints 18.24% in year one, and rental yield reads 7.09% against a $419,500 entry. Equity gained on principal adds $2,707/yr, while 5% annual appreciation compiles into $115,900 by year five. Five-year ROI reaches 94.15% and total cumulative return in cash sums $130,926. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,479/mo property income covering a $2,053/mo payment, not borrower’s personal income.
Single Family
Built in 1912
871.20 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: Cindy Kwong • Prime Realty & Investments
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41076684
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 22:35:28 PDT.