1237 72nd AveOaklandCA94621
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1237 72nd Ave, Oakland, CA, 94621 offers a 9.31% rental yield on a $515,000 purchase with $3,996/mo rent. Total monthly income registers $3,996/mo, and a $2,521/mo payment leaves $682/mo available for distribution. Annual cash flow reaches $8,183/yr on $169,435 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 129.84% and total cumulative return in cash at $219,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,996/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94621, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,383 (100%) |
| Owner Occupied HU | 3,249 (31.3%) |
| Renter Occupied HU | 6,555 (63.1%) |
| Vacant Housing Units | 579 ( 5.6%) |
| Median Home Value | $548,950 |
| Average Home Value | $667,114 |
Housing Distribution
Address Breakdown
Residential
9,630
Single Family
7,510
Multi-Family
2,120
Businesses
1,867
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Letroi Smith • Fine Homes R.E. Inc.
Mls Name: BAREIS
Mls Provider:
Mls ID: #324013465
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.