6060 Harwood AveOaklandCA94618
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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 6060 Harwood Ave, Oakland, CA, 94618 offers a 6% rental yield on a $1,198,000 purchase with $5,994/mo rent. 99% in year one. Equity gained on principal adds $7,731/yr while 5% annual appreciation supports $330,985 over five years. Portfolio math shows five-year ROI at 81.72% and total cumulative return in cash at $317,179. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,994/mo property income against a $5,864/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1908
3,049 sqft 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
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Listed by: M. Reza Aghababa • Golden Gate Sothebys Intl Rlty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41111790