106 San Juan DrSalinasCA93901
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
Rental property for sale in Salinas at 106 San Juan Dr, Salinas, CA, 93901 offers $4,044/mo rent that, after a $5,134/mo payment. Total monthly income is $4,044/mo. Return on cash invested measures 11.74% in year one, and rental yield stands at 4.63% at a $1,049,000 entry. Equity gained on principal adds $6,769/yr while 5% annual appreciation compounds into $289,819 by year five. Five-year ROI records 58.94% and total cumulative return in cash reaches $200,308. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,044/mo property income versus a $5,134/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93901, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 4,339 (39.1%) |
| Renter Occupied HU | 6,104 (55.0%) |
| Vacant Housing Units | 661 ( 6.0%) |
| Median Home Value | $758,452 |
| Average Home Value | $876,198 |
Housing Distribution
Address Breakdown
Residential
10,686
Single Family
8,645
Multi-Family
2,041
Businesses
2,450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Haro • M2 Realty Group
Mls Name: MLSListings Inc
Mls ID: #ML82015961