7039 Lacey AveOaklandCA94605
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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
Investment property for sale in Oakland at 7039 Lacey Ave, Oakland, CA, 94605 listed at $356,500 pairs $2,418/mo rent with a $1,745/mo payment. Total monthly income runs $2,418/mo. Return on cash invested measures 16.06% in year one, and rental yield registers 8.14% at a $356,500 basis. Equity gained on principal adds $2,300/yr, and annual property appreciation at 5% supports $98,494 by year five. Five-year ROI tracks 84.42% and total cumulative return in cash totals $99,771. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,418/mo property income relative to a $1,745/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1931
8,712 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: N/A • N/A
Mls Name: Xome
Mls Provider:
Mls ID: #0