360 Vernon St APT 304OaklandCA94610
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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
Total monthly income runs $3,080/mo, and a $2,545/mo payment. Purchase price stands at $520,000, and rental yield measures 7.11% with $3,080/mo rent. Return on cash invested shows 19.1% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 98.49% and total cumulative return in cash records $168,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,080/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Condo
Built in 1966
0.50 Acres lot
$N/A/sqft
No 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: Robert Garrison • Garrison Properties
Mls Name: MLSListings Inc
Mls ID: #ML82004900