Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 1977 Auseon Ave, Oakland, CA, 94621 with 5% annual appreciation on a $399,999 basis while $5,590/mo rent supports operations. Total monthly income totals $5,590/mo and a $1,958/mo payment preserves $2,577/mo for cash returns. Annual cash flow comes to $30,928/yr on $132,600 deployed, and return on cash invested reaches 43.23% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,512 alongside rental yield of 16.77%. Five-year ROI measures 229.7% and total cumulative return in cash totals $304,587.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,590/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
3,920 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 94621, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,383 (100%) |
| Owner Occupied HU | 3,249 (31.3%) |
| Renter Occupied HU | 6,555 (63.1%) |
| Vacant Housing Units | 579 ( 5.6%) |
| Median Home Value | $548,950 |
| Average Home Value | $667,114 |
Housing Distribution
Address Breakdown
Residential
9,630
Single Family
7,510
Multi-Family
2,120
Businesses
1,867
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $399,999 |
| 2023-12-19 | Sold | $435,000 |
| 2023-11-23 | Pending sale | $449,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | N/A | N/A | $435,000 | -22.07% |
| 2023-09-03 | $9457.20 | 2.75% | $558,198 | 2.00% |
| 2022-09-03 | $9203.66 | 4.73% | $547,254 | 2.00% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1925
- Architectural Style: Spanish
- Building Area: 1,790
- Living Area: 1,790 sqft
- Property Condition: Existing
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: Laminate
- Interior Features: Breakfast Bar, Breakfast Nook, Stone Counters
- Exterior Features: Front Yard, Side Yard, Entry Gate
- Parking Features: Drive Through
Location
- City: Oakland
- Subdivision: N/A
- Lot Size: 3,920 sqft
- Lot Features: Court
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Paul LeJoy • Pacific Realty Partners
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41071397
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-09-03 13:18:34 PDT.