69 Echo AvenueOaklandCA94611
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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 69 Echo Avenue, Oakland, CA, 94611 generates $3,617/mo in rent, after a $5,629/mo payment. Total monthly income is $3,617/mo. Return on cash invested sits at 8.18% in year one, and rental yield is 3.77% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 40.18% and total cumulative return in cash sums $149,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,617/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
4,373 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: Joy Labelle A Minguito • Cornerstone Real Estate Invest
Mls Name: BAREIS
Mls Provider:
Mls ID: #324006361
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.