1515 Oxford St APT 2DBerkeleyCA94709
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1515 Oxford St APT 2D, Berkeley, CA, 94709 in Berkeley the bet is firmly on appreciation. Rental yield 5.44%. The 5.44% gross yield on a $1,350,000 price is below income-first thresholds, but 5%/yr value growth projects $372,980 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.01) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $296,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 6.0% |
| Monthly Cash Flow | $(3,433) | $1,500 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,119 |
| Total Monthly Debt Service | $9,014 |
| DSCR Ratio | 0.68x |
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.
Condo
Built in 1957
0.32 Acres lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94709, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,729 (100%) |
| Owner Occupied HU | 1,151 (20.1%) |
| Renter Occupied HU | 3,920 (68.4%) |
| Vacant Housing Units | 658 (11.5%) |
| Median Home Value | $1,713,102 |
| Average Home Value | $1,635,143 |
Housing Distribution
Address Breakdown
Residential
5,474
Single Family
1,984
Multi-Family
3,490
Businesses
476
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
Condo
Built in 1957
0.32 Acres lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94709, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,729 (100%) |
| Owner Occupied HU | 1,151 (20.1%) |
| Renter Occupied HU | 3,920 (68.4%) |
| Vacant Housing Units | 658 (11.5%) |
| Median Home Value | $1,713,102 |
| Average Home Value | $1,635,143 |
Housing Distribution
Address Breakdown
Residential
5,474
Single Family
1,984
Multi-Family
3,490
Businesses
476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helene Barkin • The Agency
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41093882
Disclaimer: Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2025-04-30 10:19:56 PDT.