1421 98th 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
Investment property for sale in Oakland at 1421 98th Ave, Oakland, CA, 94603 uses $172,725 cash to close to unlock $21,823/yr annual cash flow and $1,819/mo monthly cash flow. Total monthly income runs $5,124/mo, and a $2,570/mo payment keeps the spread at $1,819/mo. Purchase price stands at $525,000, and rental yield measures 11.71% with $5,124/mo rent. Return on cash invested shows 32.69% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 171.52% and total cumulative return in cash records $296,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,124/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4,077 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: Laura Correa • AMC Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324028374
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.