1055 56th StOaklandCA94608
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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 Oakland at 1055 56th St, Oakland, CA, 94608 listed at $879,000 pairs $5,875/mo rent with a $4,302/mo payment to leave $438/mo cash flow. Total monthly income runs $5,875/mo, and annual cash flow reaches $5,251/yr on $289,191 cash to close. Return on cash invested measures 21.88% in year one, and rental yield registers 8.02% at a $879,000 basis. Equity gained on principal adds $5,672/yr, and annual property appreciation at 5% supports $242,851 by year five. Five-year ROI tracks 113.35% and total cumulative return in cash totals $327,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,875/mo property income relative to a $4,302/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1905
3,913 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94608, Emeryville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,730 (100%) |
| Owner Occupied HU | 5,074 (28.6%) |
| Renter Occupied HU | 11,087 (62.5%) |
| Vacant Housing Units | 1,569 ( 8.8%) |
| Median Home Value | $992,047 |
| Average Home Value | $1,097,014 |
Housing Distribution
Address Breakdown
Residential
16,280
Single Family
7,484
Multi-Family
8,796
Businesses
1,822
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Listed by: Susie Lee • Metapoint
Mls Name: SFAR
Mls ID: #425086046