4015 16th StreetOaklandCA94601
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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 4015 16th Street, Oakland, CA, 94601 offers a 7.78% rental yield on a $520,000 purchase with $3,372/mo rent. Total monthly income registers $3,372/mo, and a $2,545/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,864/yr on $171,080 to close, and return on cash invested stands at 21.15% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,666 over five years. Portfolio math shows five-year ROI at 109.47% and total cumulative return in cash at $187,283. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,372/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1912
3,206 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94601, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,370 (100%) |
| Owner Occupied HU | 5,201 (29.9%) |
| Renter Occupied HU | 11,244 (64.7%) |
| Vacant Housing Units | 925 ( 5.3%) |
| Median Home Value | $729,822 |
| Average Home Value | $818,769 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
10,050
Multi-Family
6,009
Businesses
1,689
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Listed by: Russell R Enyart • eXp Realty of California, Inc
Mls Name: BAREIS
Mls ID: #325032239