2238 7th StBerkeleyCA94710
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 2238 7th St, Berkeley, CA, 94710 in Berkeley is capital appreciation. Rental yield 4.75%. The 4.75% gross yield at $1,398,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $386,242 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.88) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $329,335.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.0% |
| Monthly Cash Flow | $(3,120) | $1,500 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,528 |
| Total Monthly Debt Service | $8,092 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1931
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94710, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,540 (100%) |
| Owner Occupied HU | 1,158 (25.5%) |
| Renter Occupied HU | 2,885 (63.5%) |
| Vacant Housing Units | 497 (10.9%) |
| Median Home Value | $1,295,233 |
| Average Home Value | $1,347,418 |
Housing Distribution
Address Breakdown
Residential
3,499
Single Family
2,203
Multi-Family
1,296
Businesses
1,649
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
Multi Family
Built in 1931
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94710, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,540 (100%) |
| Owner Occupied HU | 1,158 (25.5%) |
| Renter Occupied HU | 2,885 (63.5%) |
| Vacant Housing Units | 497 (10.9%) |
| Median Home Value | $1,295,233 |
| Average Home Value | $1,347,418 |
Housing Distribution
Address Breakdown
Residential
3,499
Single Family
2,203
Multi-Family
1,296
Businesses
1,649
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Florida • Compass
Mls Name: Bay East AOR
Mls ID: #41122245