6676 Pine Needle DrOaklandCA94611
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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 6676 Pine Needle Dr, Oakland, CA, 94611 offers a 8.38% rental yield on a $1,199,000 purchase with $8,375/mo rent. Total monthly income registers $8,375/mo, and a $5,869/mo payment leaves $453/mo available for distribution. Annual cash flow reaches $5,433/yr on $388,476 to close, and return on cash invested stands at 21.77% in year one. Equity gained on principal adds $7,737/yr while 5% annual appreciation supports $331,262 over five years. Portfolio math shows five-year ROI at 113.28% and total cumulative return in cash at $440,061. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,375/mo property income against a $5,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,950 sqft lot
$N/A/sqft
No 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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Listed by: Daniel J. Risman-Jones • Ascend Real Estate
Mls Name: SFAR
Mls Provider:
Mls ID: #425020204
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.