2911 Claremont AveBerkeleyCA94705
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.02% gross rental yield, 2911 Claremont Ave, Berkeley, CA, 94705 in Berkeley is priced for capital growth, not immediate cash flow. The $1,600,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $442,051 by year five, with $14,736/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.56) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $189,758.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 6.0% |
| Monthly Cash Flow | $(6,522) | $1,500 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,025 |
| Total Monthly Debt Service | $9,911 |
| DSCR Ratio | 0.41x |
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.
Single Family
Built in 1918
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94705, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,006 (100%) |
| Owner Occupied HU | 3,060 (50.9%) |
| Renter Occupied HU | 2,496 (41.6%) |
| Vacant Housing Units | 450 ( 7.5%) |
| Median Home Value | $1,878,128 |
| Average Home Value | $1,777,200 |
Housing Distribution
Address Breakdown
Residential
6,212
Single Family
4,586
Multi-Family
1,626
Businesses
732
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
Single Family
Built in 1918
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94705, Berkeley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,006 (100%) |
| Owner Occupied HU | 3,060 (50.9%) |
| Renter Occupied HU | 2,496 (41.6%) |
| Vacant Housing Units | 450 ( 7.5%) |
| Median Home Value | $1,878,128 |
| Average Home Value | $1,777,200 |
Housing Distribution
Address Breakdown
Residential
6,212
Single Family
4,586
Multi-Family
1,626
Businesses
732
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices