535 Pierce St APT 5109AlbanyCA94706
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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 Albany at 535 Pierce St APT 5109, Albany, CA, 94706 generates $3,415/mo in rent, after a $3,035/mo payment. Total monthly income is $3,415/mo. Return on cash invested sits at 17.58% in year one, and rental yield is 6.61% on a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 90.36% and total cumulative return in cash sums $184,311. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,415/mo property income rather than buyer’s personal income.
Condo
Built in 1988
7.64 Acres 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: Amir Aghaee • Le Chateau Realty
Mls Name: MetroList Services of CA
Mls ID: #225143593