2117 Delaware St #BBerkeleyCA94709
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2117 Delaware St #B, Berkeley, CA, 94709 in Berkeley is a solid income-producing rental, 8.14% gross yield, $2,784/mo rent, $245/mo net cash flow on a $410,500 buy. DSCR 1.51 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $113,414 and $3,781/yr in principal reduction project a total cumulative return of $171,385.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $245 | $1,500 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,784 |
| Total Monthly Debt Service | $2,376 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1944
6,969 sqft lot
$N/A/sqft
No 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 1944
6,969 sqft lot
$N/A/sqft
No 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: Patrick Rosenthal • ALOHA BAY REALTY
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41106059