2231 Warner 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
Rental property for sale in Oakland at 2231 Warner Ave, Oakland, CA, 94603 priced at $329,900 converts $2,224/mo rent into $183/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,224/mo, and annual cash flow totals $2,195/yr on $109,362 invested. Return on cash invested prints 21.92% in year one, and rental yield reads 8.09% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 113.59% and total cumulative return in cash sums $124,227. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,224/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1942
4,299 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: Alvena Safar • CalPrime Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225014711
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.