1 Lakeside Dr APT 1404OaklandCA94612
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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
Investment property for sale in Oakland at 1 Lakeside Dr APT 1404, Oakland, CA, 94612 listed at $849,000 pairs $3,449/mo rent with a $4,155/mo payment. Total monthly income runs $3,449/mo. Return on cash invested measures 12.32% in year one, and rental yield registers 4.87% at a $849,000 basis. Equity gained on principal adds $5,478/yr, and annual property appreciation at 5% supports $234,563 by year five. Five-year ROI tracks 62.09% and total cumulative return in cash totals $173,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,449/mo property income relative to a $4,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94612, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,452 (100%) |
| Owner Occupied HU | 1,041 ( 6.7%) |
| Renter Occupied HU | 12,200 (79.0%) |
| Vacant Housing Units | 2,211 (14.3%) |
| Median Home Value | $974,308 |
| Average Home Value | $1,023,123 |
Housing Distribution
Address Breakdown
Residential
12,436
Single Family
2,038
Multi-Family
10,398
Businesses
2,973
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Listed by: Ann Newton Cane • Golden Gate Sotheby's Int'l Re
Mls Name: CCAR
Mls ID: #41118145