304 Fairmount AveOaklandCA94611
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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 304 Fairmount Ave, Oakland, CA, 94611 offers a 8.35% rental yield on a $666,171 purchase with $4,633/mo rent. 6% in year one. Equity gained on principal adds $4,299/yr while 5% annual appreciation supports $184,051 over five years. Portfolio math shows five-year ROI at 102.32% and total cumulative return in cash at $224,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,633/mo property income against a $3,261/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1928
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94611, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,438 (100%) |
| Owner Occupied HU | 10,184 (55.2%) |
| Renter Occupied HU | 7,300 (39.6%) |
| Vacant Housing Units | 954 ( 5.2%) |
| Median Home Value | $1,713,928 |
| Average Home Value | $1,667,447 |
Housing Distribution
Address Breakdown
Residential
18,900
Single Family
12,145
Multi-Family
6,755
Businesses
995
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Listed by: N/A • N/A
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