620 El Paseo DrOaklandCA94603
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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 620 El Paseo Dr, Oakland, CA, 94603 at $575,000 posts ROI 25.62% with $876/mo cash flow from $4,433/mo rent. Total monthly income equals $4,433/mo, and annual cash flow records $10,515/yr on $189,175 to close. Return on cash invested measures 25.62% and rental yield reads 9.25% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 133.44% and total cumulative return in cash totals $252,431.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,433/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94603, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,268 (100%) |
| Owner Occupied HU | 4,589 (44.7%) |
| Renter Occupied HU | 5,232 (51.0%) |
| Vacant Housing Units | 447 ( 4.4%) |
| Median Home Value | $585,461 |
| Average Home Value | $667,978 |
Housing Distribution
Address Breakdown
Residential
10,295
Single Family
8,385
Multi-Family
1,910
Businesses
605
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Listed by: Margarita Bonita • La Rosa Realty California
Mls Name: Bay East AOR
Mls ID: #41111579