1099 60th 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 1099 60th St, Oakland, CA, 94608 uses $287,875 cash to close to unlock $15,920/yr annual cash flow and $1,327/mo monthly cash flow. Total monthly income runs $7,356/mo, and a $4,283/mo payment keeps the spread at $1,327/mo. Purchase price stands at $875,000, and rental yield measures 10.09% with $7,356/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 134.2% and total cumulative return in cash records $386,327. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,356/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Single Family
Built in 2008
2,117 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: Kyle Dickamore • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324031471
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.