1237 Ashby AveBerkeleyCA94702
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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 Berkeley at 1237 Ashby Ave, Berkeley, CA, 94702 earns from $4,650/mo rent with a $4,885/mo payment. Total monthly income totals $4,650/mo. ROI tracks 14.49% on current figures, and rental yield reads 5.59% at a $998,000 purchase. Equity gained on principal adds $6,440/yr, and 5% annual appreciation supports $275,729 over five years. Five-year ROI reaches 73.74% and total cumulative return in cash sums $242,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,650/mo property income instead of your personal income.
Single Family
Built in 1916
4,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94702, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,727 (100%) |
| Owner Occupied HU | 3,384 (43.8%) |
| Renter Occupied HU | 3,821 (49.4%) |
| Vacant Housing Units | 522 ( 6.8%) |
| Median Home Value | $1,360,843 |
| Average Home Value | $1,399,626 |
Housing Distribution
Address Breakdown
Residential
7,844
Single Family
5,733
Multi-Family
2,111
Businesses
624
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Listed by: Danny Burgess • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls ID: #ML82023320