5835 Morse DrOaklandCA94605
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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 5835 Morse Dr, Oakland, CA, 94605 offers $4,234/mo rent that, after a $2,981/mo payment, leaves $466/mo cash flow. Total monthly income is $4,234/mo, and annual cash flow is $5,596/yr on $200,361 cash. Return on cash invested measures 22.85% in year one, and rental yield stands at 8.34% at a $609,000 entry. Equity gained on principal adds $3,930/yr while 5% annual appreciation compounds into $168,255 by year five. Five-year ROI records 118.61% and total cumulative return in cash reaches $237,641. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,234/mo property income versus a $2,981/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
3,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94605, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,738 (100%) |
| Owner Occupied HU | 9,324 (55.7%) |
| Renter Occupied HU | 6,588 (39.4%) |
| Vacant Housing Units | 826 ( 4.9%) |
| Median Home Value | $928,785 |
| Average Home Value | $1,070,066 |
Housing Distribution
Address Breakdown
Residential
16,316
Single Family
13,339
Multi-Family
2,977
Businesses
674
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Listed by: Tonia Owens • Greg Nunes Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224110278
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.