2511 Truman 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
Rental property for sale in Oakland at 2511 Truman Ave, Oakland, CA, 94605 priced at $580,282 converts $4,742/mo rent into $1,152/mo cash flow after a $2,840/mo obligation. Total monthly income equals $4,742/mo, and annual cash flow totals $13,830/yr on $190,913 invested. Return on cash invested prints 27.3% in year one, and rental yield reads 9.81% against a $580,282 entry. Equity gained on principal adds $3,744/yr, while 5% annual appreciation compiles into $160,321 by year five. Five-year ROI reaches 142.48% and total cumulative return in cash sums $272,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,742/mo property income covering a $2,840/mo payment, not borrower’s personal income.
Single Family
Built in 1940
7,679 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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