2855 Chelsea 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 2855 Chelsea Dr, Oakland, CA, 94611 priced at $1,387,500 converts $5,134/mo rent into after a $6,791/mo obligation. Total monthly income equals $5,134/mo. Return on cash invested prints 11.16% in year one, and rental yield reads 4.44% against a $1,387,500 entry. Equity gained on principal adds $8,953/yr, while 5% annual appreciation compiles into $383,341 by year five. Five-year ROI reaches 55.84% and total cumulative return in cash sums $251,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,134/mo property income covering a $6,791/mo payment, not borrower’s personal income.
Single Family
Built in 1961
7,484 sqft 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: Barbara K Brodrick • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #325016463
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.