105 Laureles GradeSalinasCA93908
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 Salinas at 105 Laureles Grade, Salinas, CA, 93908 listed at $1,150,000 pairs $5,741/mo rent with a $5,629/mo payment. Total monthly income runs $5,741/mo. Return on cash invested measures 15.95% in year one, and rental yield registers 5.99% at a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and annual property appreciation at 5% supports $317,724 by year five. Five-year ROI tracks 81.49% and total cumulative return in cash totals $303,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,741/mo property income relative to a $5,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93908, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,124 (100%) |
| Owner Occupied HU | 3,967 (77.4%) |
| Renter Occupied HU | 856 (16.7%) |
| Vacant Housing Units | 301 ( 5.9%) |
| Median Home Value | $1,065,046 |
| Average Home Value | $1,174,842 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
4,578
Multi-Family
264
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Walt Ferguson • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82015636