1615 69th 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
Investment property for sale in Oakland at 1615 69th Ave, Oakland, CA, 94621 uses $197,071 cash to close to unlock $5,751/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $4,185/mo, and a $2,932/mo payment keeps the spread at $479/mo. Purchase price stands at $599,000, and rental yield measures 8.38% with $4,185/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 119.27% and total cumulative return in cash records $235,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,185/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Multi Family
Built in 1946
4,356 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: William Booker • Golden Gate Sothebys Intl Rlty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41117904