663 24th StOaklandCA94612
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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 663 24th St, Oakland, CA, 94612 offers a 6.87% rental yield on a $667,500 purchase with $3,822/mo rent. 19% in year one. Equity gained on principal adds $4,307/yr while 5% annual appreciation supports $184,418 over five years. Portfolio math shows five-year ROI at 68.66% and total cumulative return in cash at $150,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,822/mo property income against a $3,267/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1897
3,497 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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