991 Village CirOaklandCA94607
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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 991 Village Cir, Oakland, CA, 94607 priced at $743,000 converts $4,811/mo rent into after a $3,637/mo obligation. Total monthly income equals $4,811/mo. Return on cash invested prints 18.06% in year one, and rental yield reads 7.77% against a $743,000 entry. Equity gained on principal adds $4,794/yr, while 5% annual appreciation compiles into $205,277 by year five. Five-year ROI reaches 94% and total cumulative return in cash sums $229,780. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,811/mo property income covering a $3,637/mo payment, not borrower’s personal income.
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: Don C Dunbar • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #324090811
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.