434 38th 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
Investment property for sale in Oakland at 434 38th St, Oakland, CA, 94609 offers a 5.39% rental yield on a $1,299,900 purchase with $5,842/mo rent. 62% in year one. Equity gained on principal adds $8,388/yr while 5% annual appreciation supports $359,138 over five years. Portfolio math shows five-year ROI at 69.17% and total cumulative return in cash at $291,320. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,842/mo property income against a $6,362/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
4,445 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: Eric Nuttall • Skyline Properties
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224125671
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.