260 Brooklyn Basin Way #400OaklandCA94606
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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 260 Brooklyn Basin Way #400, Oakland, CA, 94606 uses $192,432 cash to close to unlock $10,746/yr annual cash flow and $896/mo monthly cash flow. Total monthly income runs $4,514/mo, and a $2,863/mo payment keeps the spread at $896/mo. Purchase price stands at $584,900, and rental yield measures 9.26% with $4,514/mo rent. Return on cash invested shows 25.64% in year one, and 5% annual appreciation builds toward $161,597 over five years. Five-year ROI reaches 133.57% and total cumulative return in cash records $257,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,514/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94606, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,554 (100%) |
| Owner Occupied HU | 2,905 (16.5%) |
| Renter Occupied HU | 12,960 (73.8%) |
| Vacant Housing Units | 1,689 ( 9.6%) |
| Median Home Value | $905,119 |
| Average Home Value | $1,038,600 |
Housing Distribution
Address Breakdown
Residential
15,938
Single Family
7,073
Multi-Family
8,865
Businesses
992
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Listed by: Garrett Frakes • Polaris Pacific
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41119457