3730 38th AveOaklandCA94619
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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 3730 38th Ave, Oakland, CA, 94619 priced at $1,300,000 converts $3,538/mo rent into after a $6,363/mo obligation. Total monthly income equals $3,538/mo. Return on cash invested prints 5.47% in year one, and rental yield reads 3.27% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 26.04% and total cumulative return in cash sums $109,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,538/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Multi Family
Built in 1916
6,944 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94619, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,581 (100%) |
| Owner Occupied HU | 5,831 (60.9%) |
| Renter Occupied HU | 3,286 (34.3%) |
| Vacant Housing Units | 464 ( 4.8%) |
| Median Home Value | $1,045,352 |
| Average Home Value | $1,191,082 |
Housing Distribution
Address Breakdown
Residential
9,597
Single Family
7,994
Multi-Family
1,603
Businesses
529
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Listed by: Winnie Wong • Surpass Real Estate & Finance
Mls Name: SFAR
Mls Provider:
Mls ID: #424056880
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.