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Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.

It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.

The rental real estate market in 94702 is expected to remain strong and continue its positive momentum in the coming years. This area, located in Berkeley, California, offers an attractive combination of amenities, including proximity to schools, parks, shopping centers, and public transportation. With its vibrant cultural scene and close proximity to San Francisco, demand for rental properties in 94702 is expected to remain high. Additionally, the rental market in this area benefits from a consistent influx of students, faculty, and professionals seeking housing near prestigious institutions like the University of California, Berkeley. This steady demand for rental units ensures a healthy occupancy rate and helps to sustain rental property values. Furthermore, the tight inventory of available rental units in 94702 is expected to drive rental prices upwards. This trend is likely to be influenced by the limited supply of new construction projects, as well as stringent zoning regulations that restrict large-scale developments within the area. Investors considering the rental real estate market in 94702 can expect a steady stream of income from renting out their properties. However, they should also be prepared to face high competition when purchasing properties due to the strong demand. Nonetheless, with the positive market outlook, investing in rental properties in 94702 could offer a promising return on investment and serve as a reliable source of passive income in the long term.

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