2915 60th Ave, Oakland, CA, 94605 | $842/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Oakland at 2915 60th Ave, Oakland, CA, 94605 uses $180,950 cash to close to unlock $10,099/yr annual cash flow and $842/mo monthly cash flow. Total monthly income runs $4,244/mo, and a $2,692/mo payment keeps the spread at $842/mo. Purchase price stands at $550,000, and rental yield measures 9.26% with $4,244/mo rent. Return on cash invested shows 25.64% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 133.55% and total cumulative return in cash records $241,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,244/mo property income covering a $2,692/mo payment rather than investor’s personal income.

Single Family

Built in 1925

4,360 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