2709 Nicol AveOaklandCA94602
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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 2709 Nicol Ave, Oakland, CA, 94602 with 5% annual appreciation on a $469,000 basis while $3,449/mo rent supports operations. Total monthly income totals $3,449/mo and a $2,296/mo payment preserves $547/mo for cash returns. Annual cash flow comes to $6,566/yr on $155,474 deployed, and return on cash invested reaches 24.13% in year one. Equity gained on principal adds $3,026/yr, and five-year appreciation sums $129,576 alongside rental yield of 8.82%. Five-year ROI measures 125.51% and total cumulative return in cash totals $195,139.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,449/mo property income versus a $2,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
2,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94602, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,071 (100%) |
| Owner Occupied HU | 7,010 (53.6%) |
| Renter Occupied HU | 5,438 (41.6%) |
| Vacant Housing Units | 623 ( 4.8%) |
| Median Home Value | $1,334,281 |
| Average Home Value | $1,368,046 |
Housing Distribution
Address Breakdown
Residential
12,299
Single Family
9,262
Multi-Family
3,037
Businesses
540
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Listed by: Lotus C. Hsiao • Compass
Mls Name: SFAR
Mls ID: #425058513