1064 Madrid StSoledadCA93960
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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 Soledad at 1064 Madrid St, Soledad, CA, 93960 listed at $625,000 pairs $2,935/mo rent with a $3,059/mo payment. Total monthly income runs $2,935/mo. Return on cash invested measures 14.63% in year one, and rental yield registers 5.64% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 74.47% and total cumulative return in cash totals $153,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,935/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93960, Soledad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,319 (100%) |
| Owner Occupied HU | 3,009 (56.6%) |
| Renter Occupied HU | 2,113 (39.7%) |
| Vacant Housing Units | 197 ( 3.7%) |
| Median Home Value | $603,564 |
| Average Home Value | $647,328 |
Housing Distribution
Address Breakdown
Residential
4,817
Single Family
4,699
Multi-Family
118
Businesses
345
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Listed by: Elizabeth Gomez • CENTURY 21 Masters
Mls Name: MLSListings Inc
Mls ID: #ML82028589