ZIP CODE 94501 // SAN FRANCISCO-OAKLAND-BERKELEY, CA // DATA AS OF 2026-09-30
Alameda, CA (94501) Rental Property Cap Rate & Cash Flow Report
Located in Alameda County (Alameda, CA), Zip Code 94501 ranks #481 of 500 nationally (4th percentile) with a Zillow ZHVI typical acquisition price of $1,147,274 (+3.3% YoY) and a ZORI observed market rent of $2,825/mo (+5.9% YoY). Requires at least 82.1% down payment at 6.5% interest to reach $0/mo break-even cash flow.
Net Monthly Cash Flow
-$4,501/mo
Annual: -$54,008/yr
Net Cap Rate
1.36%
NOI: $15,607/yr
Cash-on-Cash Return
-20.47%
Cash Needed: $263,873
1% Rule Ratio
0.25%
Gross Yield: 2.95%
Break-Even Rent
$7,998/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 94501 BENCHMARK)
Edit any value
Purchase Price (ZHVI Median)
Monthly Gross Rent (ZORI Median)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$5,801/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,524/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (94501)
| Year | Median Price | Median Rent | Gross Yield |
|---|---|---|---|
| 2021 | $1,166,965 | $2,508/mo | 2.58% |
| 2022 | $1,223,586 | $2,613/mo | 2.56% |
| 2023 | $1,162,890 | $2,605/mo | 2.69% |
| 2024 | $1,169,375 | $2,649/mo | 2.72% |
| 2025 | $1,111,047 | $2,667/mo | 2.88% |
| 2026 | $1,147,274 | $2,825/mo | 2.95% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 94536 Fremont, CA | $1,375,210 | $3,353/mo | 1.34% | -$5,423/mo |
| 90026 Los Angeles, CA | $1,140,670 | $2,781/mo | 1.34% | -$4,498/mo |
| 94587 Union City, CA | $1,196,418 | $2,913/mo | 1.33% | -$4,722/mo |
| 90250 Hawthorne, CA | $861,531 | $2,153/mo | 1.40% | -$3,352/mo |
| 92804 Anaheim, CA | $936,120 | $2,337/mo | 1.40% | -$3,645/mo |
| 92627 Costa Mesa, CA | $1,365,513 | $3,408/mo | 1.40% | -$5,317/mo |