656 Miller DrOakleyCA94561
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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 Oakley at 656 Miller Dr, Oakley, CA, 94561 uses $194,110 cash to close to unlock $863/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $3,722/mo, and a $2,888/mo payment keeps the spread at $72/mo. Purchase price stands at $590,000, and rental yield measures 7.57% with $3,722/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 105.99% and total cumulative return in cash records $205,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,722/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Single Family
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94561, Oakley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,291 (100%) |
| Owner Occupied HU | 11,571 (75.7%) |
| Renter Occupied HU | 3,167 (20.7%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $658,050 |
| Average Home Value | $741,306 |
Housing Distribution
Address Breakdown
Residential
14,971
Single Family
14,382
Multi-Family
589
Businesses
464
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Listed by: Michelle Henry • WR Properties
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41116608