1331 87th AveOaklandCA94621
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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 1331 87th Ave, Oakland, CA, 94621 priced at $1,250,000 pairs $4,157/mo rent with after a $6,118/mo payment. Total monthly income equals $4,157/mo. Return on cash invested is 9.78% in year one, and rental yield stands at 3.99% on a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and 5% annual appreciation accumulates to $345,352 by year five. Five-year ROI measures 48.4% and total cumulative return in cash reaches $196,021. For financing, Ziffy Mortgage’s DSCR program evaluates $4,157/mo property income against a $6,118/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
4,875 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
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Listed by: Mark Caloca • RE/MAX Accord
Mls Name: MLSListings Inc
Mls ID: #ML82028467