7341 Lockwood StOaklandCA94621
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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 7341 Lockwood St, Oakland, CA, 94621 listed at $399,999 pairs $3,983/mo rent with a $1,958/mo payment to leave $1,508/mo cash flow. Total monthly income runs $3,983/mo, and annual cash flow reaches $18,100/yr on $132,600 cash to close. Return on cash invested measures 33.56% in year one, and rental yield registers 11.95% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 176.06% and total cumulative return in cash totals $233,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,983/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94621, Oakland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,383 (100%) |
| Owner Occupied HU | 3,249 (31.3%) |
| Renter Occupied HU | 6,555 (63.1%) |
| Vacant Housing Units | 579 ( 5.6%) |
| Median Home Value | $548,950 |
| Average Home Value | $667,114 |
Housing Distribution
Address Breakdown
Residential
9,630
Single Family
7,510
Multi-Family
2,120
Businesses
1,867
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Listed by: Edder Barcenas-Cortez • Bcre
Mls Name: Bay East AOR
Mls ID: #41119293