330 Vernon St APT 408OaklandCA94610
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 330 Vernon St APT 408, Oakland, CA, 94610 in Oakland at $550,000 earns $4,451/mo in rent and nets $180/mo after the $2,473/mo payment, a 9.71% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $151,955 over five years. Ziffy Mortgage underwrites this on a 1.80 DSCR without U.S. credit history. With $5,066/yr in principal paydown, total projected return reaches $223,974.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 4.8% |
| Monthly Cash Flow | $180 | $1,850 |
City averages based on Oakland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,451 |
| Total Monthly Debt Service | $4,051 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1963
0.52 Acres lot
$N/A/sqft
$504 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
Nearby investment properties with comparable rents
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
Condo
Built in 1963
0.52 Acres lot
$N/A/sqft
$504 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices