2309 High StOaklandCA94601
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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 2309 High St, Oakland, CA, 94601 offers a 10.16% rental yield on a $498,888 purchase with $4,224/mo rent. Total monthly income registers $4,224/mo, and a $2,442/mo payment leaves $1,138/mo available for distribution. Annual cash flow reaches $13,651/yr on $165,381 to close, and return on cash invested stands at 28.16% in year one. Equity gained on principal adds $3,219/yr while 5% annual appreciation supports $137,834 over five years. Portfolio math shows five-year ROI at 147.1% and total cumulative return in cash at $243,283. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,224/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
5,227 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: Vanessa Klein • Coldwell Banker Realty
Mls Name: Bay East AOR
Mls ID: #41121484