1055 Howe CirSalinasCA93907
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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 1055 Howe Cir, Salinas, CA, 93907 earns from $3,450/mo rent with a $2,986/mo payment. Total monthly income totals $3,450/mo. ROI tracks 18.04% on current figures, and rental yield reads 6.79% at a $610,000 purchase. Equity gained on principal adds $3,936/yr, and 5% annual appreciation supports $168,532 over five years. Five-year ROI reaches 92.8% and total cumulative return in cash sums $186,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,450/mo property income instead of your personal income.
Single Family
Built in 1979
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93907, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,780 (100%) |
| Owner Occupied HU | 5,105 (65.6%) |
| Renter Occupied HU | 2,338 (30.1%) |
| Vacant Housing Units | 337 ( 4.3%) |
| Median Home Value | $770,228 |
| Average Home Value | $891,078 |
Housing Distribution
Address Breakdown
Residential
7,425
Single Family
7,403
Multi-Family
22
Businesses
576
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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