1555 Lakeside Dr APT 22OaklandCA94612
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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 22, Oakland, CA, 94612 offers a 12.04% rental yield on a $589,000 purchase with $5,912/mo rent. Total monthly income registers $5,912/mo, and a $2,883/mo payment leaves $1,089/mo available for distribution. Annual cash flow reaches $13,070/yr on $193,781 to close, and return on cash invested stands at 26.81% in year one. Equity gained on principal adds $3,801/yr while 5% annual appreciation supports $162,730 over five years. Portfolio math shows five-year ROI at 142.45% and total cumulative return in cash at $276,038. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,912/mo property income against a $2,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
0.52 Acres lot
$N/A/sqft
$1,179 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: Christian J. Rosales • The Canlas Brothers
Mls Name: SFAR
Mls Provider:
Mls ID: #424050401
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.