6630 Macarthur Blvd APT 8OaklandCA94605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6630 Macarthur Blvd APT 8, Oakland, CA, 94605 uses $122,622 cash to close to unlock $2,367/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $2,485/mo, and a $1,810/mo payment keeps the spread at $197/mo. Purchase price stands at $369,900, and rental yield measures 8.06% with $2,485/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 113.21% and total cumulative return in cash records $138,826. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,485/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Condo
Built in 1965
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94605, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,738 (100%) |
| Owner Occupied HU | 9,324 (55.7%) |
| Renter Occupied HU | 6,588 (39.4%) |
| Vacant Housing Units | 826 ( 4.9%) |
| Median Home Value | $928,785 |
| Average Home Value | $1,070,066 |
Housing Distribution
Address Breakdown
Residential
16,316
Single Family
13,339
Multi-Family
2,977
Businesses
674
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Geoffroy • eXp Realty of California Inc.
Mls Name: MetroList Services of CA
Mls ID: #225128185