320 Caldecott Ln UNIT 127OaklandCA94618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 320 Caldecott Ln UNIT 127, Oakland, CA, 94618 generates $3,869/mo in rent and, after a $2,340/mo payment, leaves $912/mo in cash flow. Total monthly income is $3,869/mo, and annual cash flow is $10,939/yr on $158,457 invested. Return on cash invested sits at 26.81% in year one, and rental yield is 9.71% on a $478,000 entry. Equity gained on principal adds $3,084/yr, while 5% annual appreciation builds toward $132,063 over five years. Five-year ROI reaches 139.87% and total cumulative return in cash sums $221,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,869/mo property income rather than buyer’s personal income.
Condo
Built in 1999
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94618, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,626 (100%) |
| Owner Occupied HU | 4,452 (58.4%) |
| Renter Occupied HU | 2,687 (35.2%) |
| Vacant Housing Units | 487 ( 6.4%) |
| Median Home Value | $1,891,532 |
| Average Home Value | $1,784,963 |
Housing Distribution
Address Breakdown
Residential
7,771
Single Family
5,699
Multi-Family
2,072
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Tang • Formality Real Estate
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41119978