3109 Elmwood AveOaklandCA94601
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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 3109 Elmwood Ave, Oakland, CA, 94601 earns $678/mo cash flow from $4,884/mo rent with a $3,328/mo payment. Total monthly income totals $4,884/mo, and annual cash flow totals $8,132/yr on $223,720 capital. ROI tracks 23.7% on current figures, and rental yield reads 8.62% at a $680,000 purchase. Equity gained on principal adds $4,388/yr, and 5% annual appreciation supports $187,871 over five years. Five-year ROI reaches 123.11% and total cumulative return in cash sums $275,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,884/mo property income instead of your personal income.
Single Family
Built in 1906
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94601, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,370 (100%) |
| Owner Occupied HU | 5,201 (29.9%) |
| Renter Occupied HU | 11,244 (64.7%) |
| Vacant Housing Units | 925 ( 5.3%) |
| Median Home Value | $729,822 |
| Average Home Value | $818,769 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
10,050
Multi-Family
6,009
Businesses
1,689
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Listed by: Paulina Mujica • Exp Realty Of California, Inc
Mls Name: Bay East AOR
Mls ID: #41122908