848 Stannage Ave APT 11AlbanyCA94706
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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
Total monthly income runs $3,276/mo, and a $3,225/mo payment. Purchase price stands at $659,000, and rental yield measures 5.97% with $3,276/mo rent. Return on cash invested shows 15.63% in year one, and 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 79.86% and total cumulative return in cash records $173,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,276/mo property income covering a $3,225/mo payment rather than investor’s personal income.
Condo
Built in 1938
6,534 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: Corinne Petit • The Agency
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41111572