426 Gramercy PlOaklandCA94603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 426 Gramercy Pl, Oakland, CA, 94603 offers $2,838/mo rent that, after a $2,197/mo payment, leaves $61/mo cash flow. Total monthly income is $2,838/mo, and annual cash flow is $734/yr on $148,806 cash. Return on cash invested measures 20.4% in year one, and rental yield stands at 7.59% at a $448,888 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,019 by year five. Five-year ROI records 105.51% and total cumulative return in cash reaches $157,001. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,838/mo property income versus a $2,197/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94603, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,268 (100%) |
| Owner Occupied HU | 4,589 (44.7%) |
| Renter Occupied HU | 5,232 (51.0%) |
| Vacant Housing Units | 447 ( 4.4%) |
| Median Home Value | $585,461 |
| Average Home Value | $667,978 |
Housing Distribution
Address Breakdown
Residential
10,295
Single Family
8,385
Multi-Family
1,910
Businesses
605
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Listed by: Yusuf Ayesh • Re/max Synergy Group
Mls Name: Bay East AOR
Mls ID: #41118326