2737 12th AveOaklandCA94606
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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 2737 12th Ave, Oakland, CA, 94606 offers a 2.6% rental yield on a $1,170,000 purchase with $2,538/mo rent. 49% in year one. Equity gained on principal adds $7,550/yr while 5% annual appreciation supports $323,249 over five years. Portfolio math shows five-year ROI at 25.42% and total cumulative return in cash at $96,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,538/mo property income against a $5,727/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1913
3,880 sqft 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: Brendon Yim • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls ID: #ML82011098