288 3rd St UNIT 201OaklandCA94607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $5,390/mo, and a $3,402/mo payment. Purchase price stands at $695,000, and rental yield measures 9.31% with $5,390/mo rent. Return on cash invested shows 18.82% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 99.49% and total cumulative return in cash records $227,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,390/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$640 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94607, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,083 (100%) |
| Owner Occupied HU | 3,477 (23.1%) |
| Renter Occupied HU | 10,159 (67.4%) |
| Vacant Housing Units | 1,447 ( 9.6%) |
| Median Home Value | $850,945 |
| Average Home Value | $956,402 |
Housing Distribution
Address Breakdown
Residential
13,304
Single Family
5,845
Multi-Family
7,459
Businesses
2,595
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jean-Paul Samaha • Vanguard Properties
Mls Name: SFAR
Mls Provider:
Mls ID: #424057489
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.