311 Oak St #PENTHOUSE 4OaklandCA94607
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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
Total monthly income runs $3,224/mo, and a $3,744/mo payment. Purchase price stands at $765,000, and rental yield measures 5.06% with $3,224/mo rent. Return on cash invested shows 12.87% in year one, and 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 65.06% and total cumulative return in cash records $163,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,224/mo property income covering a $3,744/mo payment rather than investor’s personal income.
Condo
Built in 2003
1.38 Acres lot
$N/A/sqft
No 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
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Listed by: Robert Glover • Robert Glover, Broker
Mls Name: MLSListings Inc
Mls ID: #ML82009951