1361-1363 Delaware StBerkeleyCA94702
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
Investment Highlights
Rental property for sale in Berkeley at 1361-1363 Delaware St, Berkeley, CA, 94702 generates $7,356/mo in rent and, after a $4,111/mo payment, leaves $2,160/mo in cash flow. Total monthly income is $7,356/mo, and annual cash flow is $25,920/yr on $276,360 invested. Return on cash invested sits at 29.44% in year one, and rental yield is 10.51% on a $840,000 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation builds toward $232,077 over five years. Five-year ROI reaches 153.9% and total cumulative return in cash sums $425,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,356/mo property income rather than buyer’s personal income.
Multi Family
Built in 1942
4,299 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: Jessie Wiggins • RE/MAX Executive
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224030860
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.