1555 Lakeside Dr APT 62OaklandCA94612
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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
Rental property for sale in Oakland at 1555 Lakeside Dr APT 62, Oakland, CA, 94612 generates $4,336/mo in rent and, after a $2,839/mo payment, leaves $748/mo in cash flow. Total monthly income is $4,336/mo, and annual cash flow is $8,974/yr on $190,820 invested. Return on cash invested sits at 24.76% in year one, and rental yield is 8.97% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 128.83% and total cumulative return in cash sums $245,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,336/mo property income rather than buyer’s personal income.
Condo
Built in 1968
0.52 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: Stephanie Layman • Bloom Real Estate Group
Mls Name: Bay East AOR
Mls ID: #41112312