Shattuck AveOaklandCA94609
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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 Shattuck Ave, Oakland, CA, 94609 offers a 1.91% rental yield on a $1,580,000 purchase with $2,520/mo rent. 37% in year one. Equity gained on principal adds $10,195/yr while 5% annual appreciation supports $436,525 over five years. Portfolio math shows five-year ROI at 14.03% and total cumulative return in cash at $71,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $7,733/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1959
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94609, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,403 (100%) |
| Owner Occupied HU | 3,180 (25.6%) |
| Renter Occupied HU | 7,952 (64.1%) |
| Vacant Housing Units | 1,271 (10.2%) |
| Median Home Value | $1,363,032 |
| Average Home Value | $1,408,278 |
Housing Distribution
Address Breakdown
Residential
11,115
Single Family
6,160
Multi-Family
4,955
Businesses
1,288
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Listed by: Will Tharp • Magnify Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82019551