62nd StBerkeleyCA94703
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
Investment Highlights
Investment property for sale in Berkeley at 62nd St, Berkeley, CA, 94703 earns from $4,842/mo rent with a $6,289/mo payment. Total monthly income totals $4,842/mo. ROI tracks 11.42% on current figures, and rental yield reads 4.52% at a $1,285,000 purchase. Equity gained on principal adds $8,292/yr, and 5% annual appreciation supports $355,022 over five years. Five-year ROI reaches 57.2% and total cumulative return in cash sums $238,126. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,842/mo property income instead of your personal income.
Multi Family
Built in 1966
6,751 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Claudia Camacho • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls ID: #ML82021296