1283 University AveBerkeleyCA94702
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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
Investment Highlights
Investment property for sale in Berkeley at 1283 University Ave, Berkeley, CA, 94702 listed at $1,399,000 pairs $3,925/mo rent with a $6,847/mo payment. Total monthly income runs $3,925/mo. Return on cash invested measures 7.85% in year one, and rental yield registers 3.37% at a $1,399,000 basis. Equity gained on principal adds $9,028/yr, and annual property appreciation at 5% supports $386,518 by year five. Five-year ROI tracks 38.07% and total cumulative return in cash totals $172,565. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,925/mo property income relative to a $6,847/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1943
5,693 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: Eymon Binesh • Marcus & Millichap
Mls Name: MLSListings Inc
Mls ID: #ML82011080