1615 Broadway #5OaklandCA94612
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $4,666/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 4.48% with $4,666/mo rent. Return on cash invested shows 7.93% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 39.72% and total cumulative return in cash records $160,849. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,666/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Condo
Built in 1914
2,245 sqft lot
$N/A/sqft
$1,132 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94612, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,452 (100%) |
| Owner Occupied HU | 1,041 ( 6.7%) |
| Renter Occupied HU | 12,200 (79.0%) |
| Vacant Housing Units | 2,211 (14.3%) |
| Median Home Value | $974,308 |
| Average Home Value | $1,023,123 |
Housing Distribution
Address Breakdown
Residential
12,436
Single Family
2,038
Multi-Family
10,398
Businesses
2,973
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa N. Blackwell • Compass
Mls Name: SFAR
Mls Provider:
Mls ID: #425046102
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.