655 12th St APT 220OaklandCA94607
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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 655 12th St APT 220, Oakland, CA, 94607 listed at $449,000 pairs $3,128/mo rent with a $2,198/mo payment to leave $350/mo cash flow. Total monthly income runs $3,128/mo, and annual cash flow reaches $4,200/yr on $148,844 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 8.36% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 117.99% and total cumulative return in cash totals $175,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,128/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A 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: Sundeep N. Ambati • Ambati Properties
Mls Name: SFAR
Mls ID: #425065031