124 Hunter AveOaklandCA94603
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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
Rental property for sale in Oakland at 124 Hunter Ave, Oakland, CA, 94603 offers $4,283/mo rent that, after a $2,937/mo payment, leaves $310/mo cash flow. Total monthly income is $4,283/mo, and annual cash flow is $3,720/yr on $197,400 cash. Return on cash invested measures 21.94% in year one, and rental yield stands at 8.57% at a $599,999 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 114.29% and total cumulative return in cash reaches $225,611. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,283/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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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.