244 Lakeside DrOaklandCA94612
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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 244 Lakeside Dr, Oakland, CA, 94612 with 5% annual appreciation on a $1,358,300 basis while $7,037/mo rent supports operations. 65% in year one. Equity gained on principal adds $8,765/yr, and five-year appreciation sums $375,273 alongside rental yield of 6.22%. Five-year ROI measures 85.24% and total cumulative return in cash totals $375,151. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,037/mo property income versus a $6,648/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1926
0.71 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: N/A • N/A
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