6038 Ascot DrOaklandCA94611
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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 6038 Ascot Dr, Oakland, CA, 94611 with 5% annual appreciation on a $1,195,000 basis while $11,501/mo rent supports operations. Total monthly income totals $11,501/mo and a $5,849/mo payment preserves $4,033/mo for cash returns. Annual cash flow comes to $48,393/yr on $387,180 deployed, and return on cash invested reaches 32.87% in year one. Equity gained on principal adds $7,711/yr, and five-year appreciation sums $330,156 alongside rental yield of 11.55%. Five-year ROI measures 172.32% and total cumulative return in cash totals $667,190.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $11,501/mo property income versus a $5,849/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
6,547 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94611, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,438 (100%) |
| Owner Occupied HU | 10,184 (55.2%) |
| Renter Occupied HU | 7,300 (39.6%) |
| Vacant Housing Units | 954 ( 5.2%) |
| Median Home Value | $1,713,928 |
| Average Home Value | $1,667,447 |
Housing Distribution
Address Breakdown
Residential
18,900
Single Family
12,145
Multi-Family
6,755
Businesses
995
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Listed by: Eneidy Sylvester • Fathom Realty Group, Inc.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224087059
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.