1432 8th AveOaklandCA94606
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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 1432 8th Ave, Oakland, CA, 94606 priced at $299,888 converts $2,154/mo rent into $299/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,154/mo, and annual cash flow totals $3,584/yr on $99,413 invested. Return on cash invested prints 23.51% in year one, and rental yield reads 8.62% against a $299,888 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,854 by year five. Five-year ROI reaches 122.17% and total cumulative return in cash sums $121,453. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Condo
Built in 2022
1,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94606, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,554 (100%) |
| Owner Occupied HU | 2,905 (16.5%) |
| Renter Occupied HU | 12,960 (73.8%) |
| Vacant Housing Units | 1,689 ( 9.6%) |
| Median Home Value | $905,119 |
| Average Home Value | $1,038,600 |
Housing Distribution
Address Breakdown
Residential
15,938
Single Family
7,073
Multi-Family
8,865
Businesses
992
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Listed by: Coco Tan • Keller Williams Realty-Silicon Valley
Mls Name: MLSListings Inc
Mls ID: #ML82025780