3318 Magnolia StOaklandCA94608
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
Investment Highlights
Investment property for sale in Oakland at 3318 Magnolia St, Oakland, CA, 94608 offers a 10.36% rental yield on a $388,000 purchase with $3,350/mo rent. Total monthly income registers $3,350/mo, and a $1,899/mo payment leaves $950/mo available for distribution. Annual cash flow reaches $11,398/yr on $128,622 to close, and return on cash invested stands at 28.77% in year one. Equity gained on principal adds $2,504/yr while 5% annual appreciation supports $107,197 over five years. Portfolio math shows five-year ROI at 150.35% and total cumulative return in cash at $193,384. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,350/mo property income against a $1,899/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1908
6,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94608, Emeryville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,730 (100%) |
| Owner Occupied HU | 5,074 (28.6%) |
| Renter Occupied HU | 11,087 (62.5%) |
| Vacant Housing Units | 1,569 ( 8.8%) |
| Median Home Value | $992,047 |
| Average Home Value | $1,097,014 |
Housing Distribution
Address Breakdown
Residential
16,280
Single Family
7,484
Multi-Family
8,796
Businesses
1,822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pat Rock • Coldwell Banker Realty
Mls Name: SFAR
Mls ID: #425063285