406 62nd StOaklandCA94609
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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 $3,594/mo, and a $7,586/mo payment. Purchase price stands at $1,550,000, and rental yield measures 2.78% with $3,594/mo rent. Return on cash invested shows 6.05% in year one, and 5% annual appreciation builds toward $428,236 over five years. Five-year ROI reaches 28.4% and total cumulative return in cash records $142,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,594/mo property income covering a $7,586/mo payment rather than investor’s personal income.
Single Family
Built in 1916
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94609, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,403 (100%) |
| Owner Occupied HU | 3,180 (25.6%) |
| Renter Occupied HU | 7,952 (64.1%) |
| Vacant Housing Units | 1,271 (10.2%) |
| Median Home Value | $1,363,032 |
| Average Home Value | $1,408,278 |
Housing Distribution
Address Breakdown
Residential
11,115
Single Family
6,160
Multi-Family
4,955
Businesses
1,288
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Listed by: Anna Bahnson • Compass
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41107488