5240 Locksley AveOaklandCA94618
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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 5240 Locksley Ave, Oakland, CA, 94618 priced at $1,598,000 converts $6,721/mo rent into after a $7,821/mo obligation. Total monthly income equals $6,721/mo. Return on cash invested prints 10.54% in year one, and rental yield reads 5.05% against a $1,598,000 entry. Equity gained on principal adds $10,312/yr, while 5% annual appreciation compiles into $441,498 by year five. Five-year ROI reaches 53.4% and total cumulative return in cash sums $276,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,721/mo property income covering a $7,821/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5,000 sqft 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
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Listed by: Jeffrey S. Ancker • Citiland Investment Corp.
Mls Name: SFAR
Mls Provider:
Mls ID: #424052624
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.