1718 68th 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 1718 68th Ave, Oakland, CA, 94621 with 5% annual appreciation on a $587,000 basis while $5,262/mo rent supports operations. Total monthly income totals $5,262/mo and a $2,873/mo payment preserves $1,215/mo for cash returns. Annual cash flow comes to $14,574/yr on $193,123 deployed, and return on cash invested reaches 27.61% in year one. Equity gained on principal adds $3,788/yr, and five-year appreciation sums $162,177 alongside rental yield of 10.76%. Five-year ROI measures 145.03% and total cumulative return in cash totals $280,078.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,262/mo property income versus a $2,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
3,101 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: Arash Khalatbari • Extramile Property Management
Mls Name: BAREIS
Mls Provider:
Mls ID: #324036174
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.