1555 Lakeside Dr APT 103OaklandCA94612
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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 1555 Lakeside Dr APT 103, Oakland, CA, 94612 offers a 8.1% rental yield on a $579,888 purchase with $3,914/mo rent. 1% in year one. Equity gained on principal adds $3,742/yr while 5% annual appreciation supports $160,212 over five years. Portfolio math shows five-year ROI at 74.54% and total cumulative return in cash at $142,209. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,914/mo property income against a $2,838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
$1,275 monthly 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: Paige Dung Nguyen • Anchor Property Group Inc
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81963379
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-18 20:14:41 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.