3945 Randolph Ave APT 2OaklandCA94602
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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 $2,792/mo, and a $2,863/mo payment. Purchase price stands at $585,000, and rental yield measures 5.73% with $2,792/mo rent. Return on cash invested shows 14.91% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 75.99% and total cumulative return in cash records $146,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,792/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Condo
Built in 1924
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94602, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,071 (100%) |
| Owner Occupied HU | 7,010 (53.6%) |
| Renter Occupied HU | 5,438 (41.6%) |
| Vacant Housing Units | 623 ( 4.8%) |
| Median Home Value | $1,334,281 |
| Average Home Value | $1,368,046 |
Housing Distribution
Address Breakdown
Residential
12,299
Single Family
9,262
Multi-Family
3,037
Businesses
540
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Listed by: Pier Porrino • Corcoran Icon Properties
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41113006