2605 Virginia StBerkeleyCA94709
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 2605 Virginia St, Berkeley, CA, 94709 in Berkeley offers a clean, manageable entry. Rental yield 6.2%. DSCR 1.19 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $174,057 in additional property value over five years, with $5,802/yr in principal equity building ownership stake. Total projected cumulative return: $201,931.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.0% |
| Monthly Cash Flow | $(701) | $1,500 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $3,687 |
| DSCR Ratio | 0.91x |
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 1924
3,300 sqft lot
$N/A/sqft
$40 monthly 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 1924
3,300 sqft lot
$N/A/sqft
$40 monthly 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: Mary Hawley • KW Bay Area Estates
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81999859
Disclaimer: Based on information from the MLSListings MLS as of 2025-06-19 13:56:04 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.