1780 Highland PlBerkeleyCA94709
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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
Rental property for sale in Berkeley at 1780 Highland Pl, Berkeley, CA, 94709 priced at $1,595,000 converts $4,942/mo rent into after a $7,807/mo obligation. Total monthly income equals $4,942/mo. Return on cash invested prints 6.97% in year one, and rental yield reads 3.72% against a $1,595,000 entry. Equity gained on principal adds $10,292/yr, while 5% annual appreciation compiles into $440,669 by year five. Five-year ROI reaches 34.08% and total cumulative return in cash sums $176,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,942/mo property income covering a $7,807/mo payment, not borrower’s personal income.
Condo
Built in 1895
5,227 sqft lot
$N/A/sqft
$844 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
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Listed by: Devon Sherak • Compass
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41075762
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. 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 2024-10-19 02:06:39 PDT.