955 Shorepoint Ct APT 200AlamedaCA94501
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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 955 Shorepoint Ct APT 200, Alameda, CA, 94501 earns $460/mo cash flow from $2,934/mo rent with a $1,957/mo payment. Total monthly income totals $2,934/mo, and annual cash flow totals $5,526/yr on $132,563 capital. ROI tracks 24.08% on current figures, and rental yield reads 8.8% at a $399,888 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,482 over five years. Five-year ROI reaches 125.21% and total cumulative return in cash sums $165,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,934/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No 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: Edgardo Barreto • Kinetic Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82025739