320 Lee St APT 206OaklandCA94610
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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 320 Lee St APT 206, Oakland, CA, 94610 generates $2,484/mo in rent, after a $2,594/mo payment. Total monthly income is $2,484/mo. Return on cash invested sits at 8.32% in year one, and rental yield is 5.63% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 42.94% and total cumulative return in cash sums $74,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,484/mo property income rather than buyer’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94610, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,703 (100%) |
| Owner Occupied HU | 5,410 (34.5%) |
| Renter Occupied HU | 9,352 (59.6%) |
| Vacant Housing Units | 941 ( 6.0%) |
| Median Home Value | $1,627,188 |
| Average Home Value | $1,535,032 |
Housing Distribution
Address Breakdown
Residential
16,235
Single Family
6,012
Multi-Family
10,223
Businesses
969
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Listed by: Frederick Adams • Radius Agent Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81980391
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-18 20:14:41 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.