423 7th St UNIT 115OaklandCA94607
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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 423 7th St UNIT 115, Oakland, CA, 94607 earns $925/mo cash flow from $3,740/mo rent with a $2,227/mo payment. Total monthly income totals $3,740/mo, and annual cash flow totals $11,103/yr on $150,833 capital. ROI tracks 27.27% on current figures, and rental yield reads 9.86% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 142.33% and total cumulative return in cash sums $214,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,740/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94607, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,083 (100%) |
| Owner Occupied HU | 3,477 (23.1%) |
| Renter Occupied HU | 10,159 (67.4%) |
| Vacant Housing Units | 1,447 ( 9.6%) |
| Median Home Value | $850,945 |
| Average Home Value | $956,402 |
Housing Distribution
Address Breakdown
Residential
13,304
Single Family
5,845
Multi-Family
7,459
Businesses
2,595
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Listed by: Helen Kwong • Red Oak Realty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41105509