603 Madison StOaklandCA94607
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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 603 Madison St, Oakland, CA, 94607 priced at $979,000 converts $3,458/mo rent into after a $4,792/mo obligation. Total monthly income equals $3,458/mo. Return on cash invested prints 10.38% in year one, and rental yield reads 4.24% against a $979,000 entry. Equity gained on principal adds $6,317/yr, while 5% annual appreciation compiles into $270,480 by year five. Five-year ROI reaches 51.7% and total cumulative return in cash sums $166,522. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,458/mo property income covering a $4,792/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
2,500 sqft 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: Lily Chow • Infinite Realty & Investments
Mls Name: MLSListings Inc
Mls ID: #ML82027940