1646 Parker StreetBerkeleyCA94703
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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 1646 Parker Street, Berkeley, CA, 94703 listed at $1,088,000 pairs $5,280/mo rent with a $5,325/mo payment. Total monthly income runs $5,280/mo. Return on cash invested measures 15.43% in year one, and rental yield registers 5.82% at a $1,088,000 basis. Equity gained on principal adds $7,021/yr, and annual property appreciation at 5% supports $300,594 by year five. Five-year ROI tracks 78.74% and total cumulative return in cash totals $277,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,280/mo property income relative to a $5,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
2,644 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94703, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,079 (100%) |
| Owner Occupied HU | 3,434 (34.1%) |
| Renter Occupied HU | 5,746 (57.0%) |
| Vacant Housing Units | 899 ( 8.9%) |
| Median Home Value | $1,529,032 |
| Average Home Value | $1,519,687 |
Housing Distribution
Address Breakdown
Residential
8,898
Single Family
5,478
Multi-Family
3,420
Businesses
427
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Listed by: Terrin Kelly • Twin Oaks Real Estate INC
Mls Name: BAREIS
Mls ID: #325086061