3055 Berlin WayOaklandCA94602
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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
Rental property for sale in Oakland at 3055 Berlin Way, Oakland, CA, 94602 priced at $540,000 pairs $3,571/mo rent with $96/mo cash flow after a $2,643/mo payment. Total monthly income equals $3,571/mo, and annual cash flow comes to $1,146/yr on $177,660 invested. Return on cash invested is 20.71% in year one, and rental yield stands at 7.94% on a $540,000 basis. Equity gained on principal adds $3,485/yr, and 5% annual appreciation accumulates to $149,192 by year five. Five-year ROI measures 107.41% and total cumulative return in cash reaches $190,826. For financing, Ziffy Mortgage’s DSCR program evaluates $3,571/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1945
4,356 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: Kimmala Jackson Rios • Dynamic Real Estate Services
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41077031
Disclaimer: Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2025-02-12 12:53:11 PST.