887 Myrtle StOaklandCA94607
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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 887 Myrtle St, Oakland, CA, 94607 listed at $854,000 pairs $5,005/mo rent with a $4,180/mo payment. Total monthly income runs $5,005/mo. Return on cash invested measures 16.42% in year one, and rental yield registers 7.03% at a $854,000 basis. Equity gained on principal adds $5,511/yr, and annual property appreciation at 5% supports $235,944 by year five. Five-year ROI tracks 84.96% and total cumulative return in cash totals $238,697. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,005/mo property income relative to a $4,180/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
2,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94607, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,083 (100%) |
| Owner Occupied HU | 3,477 (23.1%) |
| Renter Occupied HU | 10,159 (67.4%) |
| Vacant Housing Units | 1,447 ( 9.6%) |
| Median Home Value | $850,945 |
| Average Home Value | $956,402 |
Housing Distribution
Address Breakdown
Residential
13,304
Single Family
5,845
Multi-Family
7,459
Businesses
2,595
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Listed by: Lev Ingman • Real Estate Source, Inc.
Mls Name: SFAR
Mls Provider:
Mls ID: #424040381
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.