85 Vernon St APT 103OaklandCA94610
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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 85 Vernon St APT 103, Oakland, CA, 94610 earns $240/mo cash flow from $2,399/mo rent with a $1,708/mo payment. Total monthly income totals $2,399/mo, and annual cash flow totals $2,882/yr on $115,694 capital. ROI tracks 22.4% on current figures, and rental yield reads 8.25% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 116.23% and total cumulative return in cash sums $134,472. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,399/mo property income instead of your personal income.
Condo
Built in 1971
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94610, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,703 (100%) |
| Owner Occupied HU | 5,410 (34.5%) |
| Renter Occupied HU | 9,352 (59.6%) |
| Vacant Housing Units | 941 ( 6.0%) |
| Median Home Value | $1,627,188 |
| Average Home Value | $1,535,032 |
Housing Distribution
Address Breakdown
Residential
16,235
Single Family
6,012
Multi-Family
10,223
Businesses
969
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Listed by: Christine Wong • United Brokers Real Estate
Mls Name: Bay East AOR
Mls ID: #41106057