5842 Mendocino 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 5842 Mendocino Ave, Oakland, CA, 94618 priced at $1,600,000 pairs $3,953/mo rent with after a $7,831/mo payment. Total monthly income equals $3,953/mo. Return on cash invested is 6.29% in year one, and rental yield stands at 2.96% on a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and 5% annual appreciation accumulates to $442,051 by year five. Five-year ROI measures 29.82% and total cumulative return in cash reaches $154,611. For financing, Ziffy Mortgage’s DSCR program evaluates $3,953/mo property income against a $7,831/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
2,831 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: N/A • N/A
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