2601 College Ave APT 212BerkeleyCA94704
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 2601 College Ave APT 212, Berkeley, CA, 94704 in Berkeley fits: $699,000, 5.93% gross yield, and a projected 5% annual appreciation rate adding $193,121 in value within five years. Rental yield 5.93%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.10) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $6,438/yr in principal paydown and $193,121 in appreciation project a total return of $138,669.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.0% |
| Monthly Cash Flow | $(2,044) | $1,500 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,454 |
| Total Monthly Debt Service | $5,220 |
| DSCR Ratio | 0.66x |
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.
Condo
Built in 1962
N/A lot
$N/A/sqft
$889 monthly 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
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 1962
N/A lot
$N/A/sqft
$889 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices