4061 Midvale AveOaklandCA94602
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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 4061 Midvale Ave, Oakland, CA, 94602 priced at $899,000 converts $8,263/mo rent into $2,360/mo cash flow after a $4,400/mo obligation. Total monthly income equals $8,263/mo, and annual cash flow totals $28,322/yr on $295,771 invested. Return on cash invested prints 29.64% in year one, and rental yield reads 11.03% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 155.47% and total cumulative return in cash sums $459,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,263/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,882 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: Beatrice Tao • Beatrice Tao
Mls Name: SFAR
Mls Provider:
Mls ID: #424030599
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.