2383 Thackeray DrOaklandCA94611
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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 2383 Thackeray Dr, Oakland, CA, 94611 generates $4,013/mo in rent, after a $5,849/mo payment. Total monthly income is $4,013/mo. Return on cash invested sits at 9.9% in year one, and rental yield is 4.03% on a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 49.04% and total cumulative return in cash sums $189,890. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,013/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94611, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,438 (100%) |
| Owner Occupied HU | 10,184 (55.2%) |
| Renter Occupied HU | 7,300 (39.6%) |
| Vacant Housing Units | 954 ( 5.2%) |
| Median Home Value | $1,713,928 |
| Average Home Value | $1,667,447 |
Housing Distribution
Address Breakdown
Residential
18,900
Single Family
12,145
Multi-Family
6,755
Businesses
995
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Listed by: Nicole Tamayo • Vanguard Properties
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41115718