1302 Channing WayBerkeleyCA94702
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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 1302 Channing Way, Berkeley, CA, 94702 earns from $5,836/mo rent with a $6,358/mo payment. Total monthly income totals $5,836/mo. ROI tracks 14.1% on current figures, and rental yield reads 5.39% at a $1,299,000 purchase. Equity gained on principal adds $8,382/yr, and 5% annual appreciation supports $358,890 over five years. Five-year ROI reaches 71.58% and total cumulative return in cash sums $301,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,836/mo property income instead of your personal income.
Single Family
Built in 1924
3,920 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: Andrea Gordon • Compass
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41107462