1261 Hearst AveBerkeleyCA94702
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.81% gross rental yield, 1261 Hearst Ave, Berkeley, CA, 94702 in Berkeley is priced for capital growth, not immediate cash flow. The $629,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $173,781 by year five, with $5,793/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.08) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $184,035.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.0% |
| Monthly Cash Flow | $(847) | $1,500 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,044 |
| Total Monthly Debt Service | $3,641 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1923
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1923
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41125374