5242 Miles Ave APT COaklandCA94618
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
Investment property for sale in Oakland at 5242 Miles Ave APT C, Oakland, CA, 94618 listed at $818,000 pairs $4,487/mo rent with a $4,004/mo payment. Total monthly income runs $4,487/mo. Return on cash invested measures 17.5% in year one, and rental yield registers 6.58% at a $818,000 basis. Equity gained on principal adds $5,278/yr, and annual property appreciation at 5% supports $225,998 by year five. Five-year ROI tracks 89.91% and total cumulative return in cash totals $241,963. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,487/mo property income relative to a $4,004/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94618, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,626 (100%) |
| Owner Occupied HU | 4,452 (58.4%) |
| Renter Occupied HU | 2,687 (35.2%) |
| Vacant Housing Units | 487 ( 6.4%) |
| Median Home Value | $1,891,532 |
| Average Home Value | $1,784,963 |
Housing Distribution
Address Breakdown
Residential
7,771
Single Family
5,699
Multi-Family
2,072
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Sands • Vanguard Properties
Mls Name: Bay East AOR
Mls ID: #41115845