555 Pierce St APT 226AlbanyCA94706
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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 555 Pierce St APT 226, Albany, CA, 94706 listed at $368,000 pairs $2,762/mo rent with a $1,801/mo payment to leave $486/mo cash flow. Total monthly income runs $2,762/mo, and annual cash flow reaches $5,828/yr on $121,992 cash to close. Return on cash invested measures 24.69% in year one, and rental yield registers 9.01% at a $368,000 basis. Equity gained on principal adds $2,375/yr, and annual property appreciation at 5% supports $101,672 by year five. Five-year ROI tracks 128.46% and total cumulative return in cash totals $156,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,762/mo property income relative to a $1,801/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
7.32 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: Richard Smith • Albany Hill Realty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41116652