330 Vernon St APT 306OaklandCA94610
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Nearby investment properties with comparable prices
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 330 Vernon St APT 306, Oakland, CA, 94610 at $489,000 posts ROI 28.18% with $1,117/mo cash flow from $5,110/mo rent. Total monthly income equals $5,110/mo, and annual cash flow records $13,407/yr on $162,104 to close. Return on cash invested measures 28.18% and rental yield reads 12.54% at the current $489,000. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 by year five. Five-year ROI prints 149.81% and total cumulative return in cash totals $242,842.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1963
0.52 Acres lot
$N/A/sqft
$528 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: George Pleasants III • BHG RE Reliance Partners
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41068543
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. 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 2024-08-15 13:58:53 PDT.