2426 57th AveOaklandCA94605
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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
Total monthly income runs $3,244/mo, and a $4,870/mo payment. Purchase price stands at $995,000, and rental yield measures 3.91% with $3,244/mo rent. Return on cash invested shows 9.39% in year one, and 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 46.39% and total cumulative return in cash records $151,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,244/mo property income covering a $4,870/mo payment rather than investor’s personal income.
Multi Family
Built in 1966
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94605, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,738 (100%) |
| Owner Occupied HU | 9,324 (55.7%) |
| Renter Occupied HU | 6,588 (39.4%) |
| Vacant Housing Units | 826 ( 4.9%) |
| Median Home Value | $928,785 |
| Average Home Value | $1,070,066 |
Housing Distribution
Address Breakdown
Residential
16,316
Single Family
13,339
Multi-Family
2,977
Businesses
674
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Listed by: Timothy Richardson • Nai Norcal
Mls Name: Bay East AOR
Mls ID: #41109851