8342 Ney AveOaklandCA94605
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
Rental property for sale in Oakland at 8342 Ney Ave, Oakland, CA, 94605 priced at $680,000 pairs $3,086/mo rent with after a $3,328/mo payment. Total monthly income equals $3,086/mo. Return on cash invested is 11.7% in year one, and rental yield stands at 5.45% on a $680,000 basis. Equity gained on principal adds $4,388/yr, and 5% annual appreciation accumulates to $187,871 by year five. Five-year ROI measures 59.67% and total cumulative return in cash reaches $133,500. For financing, Ziffy Mortgage’s DSCR program evaluates $3,086/mo property income against a $3,328/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
3,960 sqft 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: Kathleen Hall • Compass
Mls Name: SFAR
Mls Provider:
Mls ID: #424068973
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.