89 Arden RdBerkeleyCA94704
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.92% gross rental yield, 89 Arden Rd, Berkeley, CA, 94704 in Berkeley is priced for capital growth, not immediate cash flow. The $1,695,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $468,297 by year five, with $15,611/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.54) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $233,050.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 6.0% |
| Monthly Cash Flow | $(6,366) | $1,500 |
City averages based on Berkeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,120 |
| Total Monthly Debt Service | $9,811 |
| DSCR Ratio | 0.42x |
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 1940
5,227 sqft lot
$N/A/sqft
No 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
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No 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