107 Seeno StMontereyCA93940
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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
Rental property for sale in Monterey at 107 Seeno St, Monterey, CA, 93940 generates $4,542/mo in rent, after a $7,219/mo payment. Total monthly income is $4,542/mo. Return on cash invested sits at 8.86% in year one, and rental yield is 3.7% on a $1,475,000 entry. Equity gained on principal adds $9,518/yr, while 5% annual appreciation builds toward $407,515 over five years. Five-year ROI reaches 43.51% and total cumulative return in cash sums $207,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,542/mo property income rather than buyer’s personal income.
Multi Family
Built in 1957
6,414 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93940, Monterey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,195 (100%) |
| Owner Occupied HU | 5,474 (36.0%) |
| Renter Occupied HU | 8,085 (53.2%) |
| Vacant Housing Units | 1,636 (10.8%) |
| Median Home Value | $1,052,750 |
| Average Home Value | $1,188,289 |
Housing Distribution
Address Breakdown
Residential
15,034
Single Family
13,351
Multi-Family
1,683
Businesses
2,778
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Listed by: James Kendall • Baird Partnership, Inc.
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81998859
Disclaimer: Based on information from the MLSListings MLS as of 2025-03-21 00:21:08 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.