2201 Virginia St APT 2BerkeleyCA94709
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 2201 Virginia St APT 2, Berkeley, CA, 94709 generates $3,644/mo in rent, after a $2,888/mo payment. Total monthly income is $3,644/mo. Return on cash invested sits at 20.02% in year one, and rental yield is 7.41% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 103.42% and total cumulative return in cash sums $200,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,644/mo property income rather than buyer’s personal income.
Condo
Built in 1970
737 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: Donald Kung • Remax Capital
Mls Name: MLSListings Inc
Mls ID: #ML82017321