2829 California StBerkeleyCA94703
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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
Rental property for sale in Berkeley at 2829 California St, Berkeley, CA, 94703 generates $5,184/mo in rent, after a $4,527/mo payment. Total monthly income is $5,184/mo. Return on cash invested sits at 17.94% in year one, and rental yield is 6.73% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 92.25% and total cumulative return in cash sums $280,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,184/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94703, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,079 (100%) |
| Owner Occupied HU | 3,434 (34.1%) |
| Renter Occupied HU | 5,746 (57.0%) |
| Vacant Housing Units | 899 ( 8.9%) |
| Median Home Value | $1,529,032 |
| Average Home Value | $1,519,687 |
Housing Distribution
Address Breakdown
Residential
8,898
Single Family
5,478
Multi-Family
3,420
Businesses
427
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Listed by: Bhima Sheridan • District Homes
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41116116