1901 Parker St UNIT 3BerkeleyCA94704
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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 1901 Parker St UNIT 3, Berkeley, CA, 94704 earns $29/mo cash flow from $3,586/mo rent with a $2,814/mo payment. Total monthly income totals $3,586/mo, and annual cash flow totals $351/yr on $189,175 capital. ROI tracks 20.25% on current figures, and rental yield reads 7.48% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 104.63% and total cumulative return in cash sums $197,927. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,586/mo property income instead of your personal income.
Condo
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94704, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,838 (100%) |
| Owner Occupied HU | 835 ( 7.1%) |
| Renter Occupied HU | 9,109 (76.9%) |
| Vacant Housing Units | 1,894 (16.0%) |
| Median Home Value | $1,353,814 |
| Average Home Value | $1,346,603 |
Housing Distribution
Address Breakdown
Residential
9,801
Single Family
1,762
Multi-Family
8,039
Businesses
1,318
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Listed by: Francis M. Ho • F A S Realty Inc.
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41119925