3121 Monticello AveOaklandCA94619
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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 3121 Monticello Ave, Oakland, CA, 94619 generates $4,476/mo in rent and, after a $3,152/mo payment, leaves $492/mo in cash flow. Total monthly income is $4,476/mo, and annual cash flow is $5,906/yr on $211,876 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 8.34% on a $644,000 entry. Equity gained on principal adds $4,156/yr, while 5% annual appreciation builds toward $177,925 over five years. Five-year ROI reaches 118.58% and total cumulative return in cash sums $251,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,476/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
6,109 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94619, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,581 (100%) |
| Owner Occupied HU | 5,831 (60.9%) |
| Renter Occupied HU | 3,286 (34.3%) |
| Vacant Housing Units | 464 ( 4.8%) |
| Median Home Value | $1,045,352 |
| Average Home Value | $1,191,082 |
Housing Distribution
Address Breakdown
Residential
9,597
Single Family
7,994
Multi-Family
1,603
Businesses
529
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Listed by: Miriam Cruz • eXp Realty of Northern California, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82019505