124 Hunter AveOaklandCA94603
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Oakland rental at 124 Hunter Ave, Oakland, CA, 94603 sits in the solid-income band: 8.57% gross yield, $4,283/mo rent, $310/mo net after the $2,698/mo debt service, DSCR 1.59. Entry price of $599,999 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $165,769 and $5,526/yr in principal reduction bring total cumulative return to $248,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.8% |
| Monthly Cash Flow | $310 | $1,850 |
City averages based on Oakland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,283 |
| Total Monthly Debt Service | $3,734 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1943
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94603, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,268 (100%) |
| Owner Occupied HU | 4,589 (44.7%) |
| Renter Occupied HU | 5,232 (51.0%) |
| Vacant Housing Units | 447 ( 4.4%) |
| Median Home Value | $585,461 |
| Average Home Value | $667,978 |
Housing Distribution
Address Breakdown
Residential
10,295
Single Family
8,385
Multi-Family
1,910
Businesses
605
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
Single Family
Built in 1943
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94603, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,268 (100%) |
| Owner Occupied HU | 4,589 (44.7%) |
| Renter Occupied HU | 5,232 (51.0%) |
| Vacant Housing Units | 447 ( 4.4%) |
| Median Home Value | $585,461 |
| Average Home Value | $667,978 |
Housing Distribution
Address Breakdown
Residential
10,295
Single Family
8,385
Multi-Family
1,910
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luis Cortez • Complete Home Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224124838
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.