The property located at 401 Camden Rd in Alameda has a strong rental potential, with a revenue range of approximately $3,450 to $5,109 per month based on current market conditions. The neighborhood is trending upward, with a hot market badge indicating increased demand. This single-family home's unique features, like its ranch style, central air, and proximity to amenities, enhance its appeal, though its single-story layout might limit some renters. The estimated payback period is favorable given the high rental demand in Alameda.
To enhance the property's rental value, consider modernizing the kitchen and bathrooms, as well as adding smart home technology for energy efficiency. If selling, the owner might benefit from highlighting the property's charm and proximity to local amenities, such as South Shore Mall and public transportation. Ensuring the property is marketed during peak rental seasons can attract more potential tenants.