389 Belmont St APT 110OaklandCA94610
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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
Investment property for sale in Oakland at 389 Belmont St APT 110, Oakland, CA, 94610 listed at $504,400 pairs $3,558/mo rent with a $2,469/mo payment. Total monthly income runs $3,558/mo. Return on cash invested measures 19.11% in year one, and rental yield registers 8.46% at a $504,400 basis. Equity gained on principal adds $3,255/yr, and annual property appreciation at 5% supports $139,356 by year five. Five-year ROI tracks 100.06% and total cumulative return in cash totals $166,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,558/mo property income relative to a $2,469/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
0.49 Acres lot
$N/A/sqft
$481 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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