947 Macarthur BlvdOaklandCA94610
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 947 Macarthur Blvd, Oakland, CA, 94610 generates $4,244/mo in rent, after a $6,608/mo payment. Total monthly income is $4,244/mo. Return on cash invested sits at 9.1% in year one, and rental yield is 3.77% on a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 44.78% and total cumulative return in cash sums $195,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,244/mo property income rather than buyer’s personal income.
Multi Family
Built in 1925
5,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Martha Czosnyka • RE/MAX Gold Folsom
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224074367
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.