Oakland, CA — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
2.8%
Below average
Monthly Cash Flow
-$1,808
After all expenses
Price-to-Rent
18.0
Overpriced for rent
DSCR
0.45
Fails
📊 Key Metrics
- Median Home Price
- $612,659
- Average Rent (3BR)
- $2,830/mo
- Price-to-Rent Ratio
- 18.0(high)
- 1% Rule
- 0.46%(fails — need 1%+)
- Cash-on-Cash Return
- -15.4%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
-9,219 households
SHRINKING
Total Inflow
671,519
households moved in
Avg Income (New Residents)
$160,498
per household
Where they're coming from:
1.Alameda Non-migrants, CA634,717 households · avg $161,045
2.Santa Clara, CA7,414 households · avg $217,257
3.Contra Costa, CA5,170 households · avg $141,062
4.San Francisco, CA4,602 households · avg $227,232
5.San Mateo, CA2,907 households · avg $164,557
Where residents are leaving to:
1.Alameda Non-migrants, CA634,717 households
2.Contra Costa, CA8,244 households
3.Santa Clara, CA5,221 households
4.San Joaquin, CA3,895 households
5.San Francisco, CA3,743 households
💡 Net outflow may indicate weakening demand — but can mean lower prices and higher cap rates.
🏘️ Best Zip Codes in Oakland for Investors
All Zip Codes in Oakland
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 94612 | 4.5% | -$837 | $540,378 | $3,420/mo | 0.71 |
| 94621 | 4.5% | -$713 | $450,083 | $2,830/mo | 0.70 |
| 94603 | 3.8% | -$1,118 | $510,221 | $2,830/mo | 0.59 |
| 94607 | 3.6% | -$1,250 | $529,897 | $2,830/mo | 0.56 |
| 94601 | 3.3% | -$1,399 | $551,981 | $2,830/mo | 0.52 |
| 95219 | 3.3% | -$1,436 | $557,447 | $2,830/mo | 0.52 |
| 94606 | 2.9% | -$1,808 | $612,659 | $2,830/mo | 0.45 |
| 94605 | 2.5% | -$2,161 | $665,061 | $2,830/mo | 0.39 |
| 94609 | 1.8% | -$3,666 | $956,500 | $3,390/mo | 0.28 |
| 94619 | 1.7% | -$3,306 | $843,413 | $2,900/mo | 0.26 |
| 94602 | 1.1% | -$4,413 | $999,150 | $2,830/mo | 0.17 |
| 94610 | 1.0% | -$5,403 | $1,206,898 | $3,330/mo | 0.16 |
| 94618 | 0.8% | -$7,639 | $1,631,257 | $4,090/mo | 0.12 |