950 Shorepoint Ct APT 100AlamedaCA94501
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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 Alameda at 950 Shorepoint Ct APT 100, Alameda, CA, 94501 listed at $400,000 pairs $3,233/mo rent with a $1,958/mo payment to leave $273/mo cash flow. Total monthly income runs $3,233/mo, and annual cash flow reaches $3,280/yr on $132,600 cash to close. Return on cash invested measures 22.38% in year one, and rental yield registers 9.7% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 117.7% and total cumulative return in cash totals $156,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,233/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
3.07 Acres lot
$N/A/sqft
$485 monthly 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: Steve Cressy • Bhhs Drysdale Properties
Mls Name: Bay East AOR
Mls Provider:
Mls ID: #41113011
Disclaimer: Bay East 2025, CCAR 2025, bridgeMLS 2025. 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 or any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2025-12-21 03:14:53 PST.