66 Fairmount Ave APT 319OaklandCA94611
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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 66 Fairmount Ave APT 319, Oakland, CA, 94611 offers a 7.43% rental yield on a $547,900 purchase with $3,391/mo rent. 86% in year one. Equity gained on principal adds $3,536/yr while 5% annual appreciation supports $151,375 over five years. Portfolio math shows five-year ROI at 77.62% and total cumulative return in cash at $139,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,391/mo property income against a $2,682/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
0.67 Acres lot
$N/A/sqft
$334 monthly 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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Nearby investment properties with comparable prices
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