866 Alma PlOaklandCA94610
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 866 Alma Pl, Oakland, CA, 94610 priced at $1,269,000 pairs $6,431/mo rent with after a $6,211/mo payment. Total monthly income equals $6,431/mo. Return on cash invested is 16.23% in year one, and rental yield stands at 6.08% on a $1,269,000 basis. Equity gained on principal adds $8,189/yr, and 5% annual appreciation accumulates to $350,601 by year five. Five-year ROI measures 83% and total cumulative return in cash reaches $341,247. For financing, Ziffy Mortgage’s DSCR program evaluates $6,431/mo property income against a $6,211/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
5,656 sqft 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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Nearby investment properties with comparable prices
Listed by: Brooke He • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82024013