958 28th St APT 23OaklandCA94608
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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
Rental property for sale in Oakland at 958 28th St APT 23, Oakland, CA, 94608 generates $3,961/mo in rent, after a $3,206/mo payment. Total monthly income is $3,961/mo. Return on cash invested sits at 13.39% in year one, and rental yield is 7.26% on a $655,000 entry. Equity gained on principal adds $4,227/yr, while 5% annual appreciation builds toward $180,964 over five years. Five-year ROI reaches 70.1% and total cumulative return in cash sums $151,055. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,961/mo property income rather than buyer’s personal income.
Condo
Built in 1924
N/A lot
$N/A/sqft
$616 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94608, Emeryville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,730 (100%) |
| Owner Occupied HU | 5,074 (28.6%) |
| Renter Occupied HU | 11,087 (62.5%) |
| Vacant Housing Units | 1,569 ( 8.8%) |
| Median Home Value | $992,047 |
| Average Home Value | $1,097,014 |
Housing Distribution
Address Breakdown
Residential
16,280
Single Family
7,484
Multi-Family
8,796
Businesses
1,822
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Listed by: Matthew Pruitt • Just Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #225081020
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