Plan 2 Plan, Waterside at Alameda MarinaAlamedaCA94501
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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 Alameda at Plan 2 Plan, Waterside at Alameda Marina, Alameda, CA, 94501 priced at $1,381,990 converts $2,994/mo rent into after a $6,764/mo obligation. Total monthly income equals $2,994/mo. Return on cash invested prints 5.48% in year one, and rental yield reads 2.6% against a $1,381,990 entry. Equity gained on principal adds $8,918/yr, while 5% annual appreciation compiles into $381,818 by year five. Five-year ROI reaches 25.38% and total cumulative return in cash sums $113,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,994/mo property income covering a $6,764/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
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: N/A • Risewell Homes
Mls Name: Risewell Homes
Mls Provider:
Mls ID: #N/A