2119 Meadowlark LnOakleyCA94561
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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 Oakley at 2119 Meadowlark Ln, Oakley, CA, 94561 priced at $639,000 converts $3,653/mo rent into after a $3,128/mo obligation. Total monthly income equals $3,653/mo. Return on cash invested prints 17.68% in year one, and rental yield reads 6.86% against a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation compiles into $176,544 by year five. Five-year ROI reaches 91.08% and total cumulative return in cash sums $191,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,653/mo property income covering a $3,128/mo payment, not borrower’s personal income.
Single Family
Built in 1990
4,356 sqft lot
$N/A/sqft
$117 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94561, Oakley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,291 (100%) |
| Owner Occupied HU | 11,571 (75.7%) |
| Renter Occupied HU | 3,167 (20.7%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $658,050 |
| Average Home Value | $741,306 |
Housing Distribution
Address Breakdown
Residential
14,971
Single Family
14,382
Multi-Family
589
Businesses
464
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Listed by: Derek Han • BHG Reliance Partners
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41075962
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 2024-10-18 12:58:28 PDT.