974 Walnut DrOakleyCA94561
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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 Oakley at 974 Walnut Dr, Oakley, CA, 94561 generates $3,305/mo in rent and, after a $2,423/mo payment, leaves $243/mo in cash flow. Total monthly income is $3,305/mo, and annual cash flow is $2,911/yr on $164,093 invested. Return on cash invested sits at 21.68% in year one, and rental yield is 8.01% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 112.35% and total cumulative return in cash sums $184,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,305/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94561, Oakley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,291 (100%) |
| Owner Occupied HU | 11,571 (75.7%) |
| Renter Occupied HU | 3,167 (20.7%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $658,050 |
| Average Home Value | $741,306 |
Housing Distribution
Address Breakdown
Residential
14,971
Single Family
14,382
Multi-Family
589
Businesses
464
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Listed by: Tony F. Hamid • Re/max Accord
Mls Name: Bay East AOR
Mls ID: #41117883