2308 Parker StBerkeleyCA94704
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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 2308 Parker St, Berkeley, CA, 94704 earns $763/mo cash flow from $6,634/mo rent with a $4,645/mo payment. Total monthly income totals $6,634/mo, and annual cash flow totals $9,158/yr on $312,221 capital. ROI tracks 22.99% on current figures, and rental yield reads 8.39% at a $949,000 purchase. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 over five years. Five-year ROI reaches 119.35% and total cumulative return in cash sums $372,648. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,634/mo property income instead of your personal income.
Single Family
Built in 1906
1,306 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: Lawton Young • F A S Realty Inc.
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41107044