2241 48th AveOaklandCA94601
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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 2241 48th Ave, Oakland, CA, 94601 generates $3,364/mo in rent, after a $4,155/mo payment. Total monthly income is $3,364/mo. Return on cash invested sits at 6.47% in year one, and rental yield is 4.75% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 32.75% and total cumulative return in cash sums $91,472. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,364/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
6,373 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94601, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,370 (100%) |
| Owner Occupied HU | 5,201 (29.9%) |
| Renter Occupied HU | 11,244 (64.7%) |
| Vacant Housing Units | 925 ( 5.3%) |
| Median Home Value | $729,822 |
| Average Home Value | $818,769 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
10,050
Multi-Family
6,009
Businesses
1,689
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Listed by: Anh Hoang Pham • SkyGroup Realty Inc.
Mls Name: SFAR
Mls Provider:
Mls ID: #425004031
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.