1740 Cedar StBerkeleyCA94703
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 1740 Cedar St, Berkeley, CA, 94703 priced at $1,050,700 converts $5,207/mo rent into after a $5,143/mo obligation. Total monthly income equals $5,207/mo. Return on cash invested prints 15.81% in year one, and rental yield reads 5.95% against a $1,050,700 entry. Equity gained on principal adds $6,780/yr, while 5% annual appreciation compiles into $290,289 by year five. Five-year ROI reaches 80.76% and total cumulative return in cash sums $274,941. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,207/mo property income covering a $5,143/mo payment, not borrower’s personal income.
Single Family
Built in 1908
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin McKeon • Keller Williams Realty
Mls Name: CCAR
Mls ID: #41097079