508 Talbot AveAlbanyCA94706
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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 Albany at 508 Talbot Ave, Albany, CA, 94706 uses $452,952 cash to close to unlock $3,385/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $9,991/mo, and a $6,843/mo payment keeps the spread at $282/mo. Purchase price stands at $1,398,000, and rental yield measures 8.58% with $9,991/mo rent. Return on cash invested shows 21.12% in year one, and 5% annual appreciation builds toward $386,242 over five years. Five-year ROI reaches 110.25% and total cumulative return in cash records $499,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,991/mo property income covering a $6,843/mo payment rather than investor’s personal income.
Single Family
Built in 1938
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94706, Albany, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,968 (100%) |
| Owner Occupied HU | 3,902 (49.0%) |
| Renter Occupied HU | 3,600 (45.2%) |
| Vacant Housing Units | 466 ( 5.8%) |
| Median Home Value | $1,359,932 |
| Average Home Value | $1,396,764 |
Housing Distribution
Address Breakdown
Residential
8,116
Single Family
5,762
Multi-Family
2,354
Businesses
754
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Listed by: Jennifer Rosdail • KW Advisors
Mls Name: SFAR
Mls Provider:
Mls ID: #424062533
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.