663 15th StOaklandCA94612
Nearby investment properties with comparable rents
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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
Rental property for sale in Oakland at 663 15th St, Oakland, CA, 94612 priced at $124,670 converts $2,767/mo rent into $1,624/mo cash flow after a $610/mo obligation. Total monthly income equals $2,767/mo, and annual cash flow totals $19,483/yr on $41,328 invested. Return on cash invested prints 67.05% in year one, and rental yield reads 26.63% against a $124,670 entry. Equity gained on principal adds $804/yr, while 5% annual appreciation compiles into $34,444 by year five. Five-year ROI reaches 359.6% and total cumulative return in cash sums $148,617. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,767/mo property income covering a $610/mo payment, not borrower’s personal income.
Multi Family
Built in 1880
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94612, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,452 (100%) |
| Owner Occupied HU | 1,041 ( 6.7%) |
| Renter Occupied HU | 12,200 (79.0%) |
| Vacant Housing Units | 2,211 (14.3%) |
| Median Home Value | $974,308 |
| Average Home Value | $1,023,123 |
Housing Distribution
Address Breakdown
Residential
12,436
Single Family
2,038
Multi-Family
10,398
Businesses
2,973
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