1117 Palm AveSoledadCA93960
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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 1117 Palm Ave, Soledad, CA, 93960 earns $1,720/mo cash flow from $5,802/mo rent with a $3,230/mo payment. Total monthly income totals $5,802/mo, and annual cash flow totals $20,634/yr on $217,140 capital. ROI tracks 29.56% on current figures, and rental yield reads 10.55% at a $660,000 purchase. Equity gained on principal adds $4,259/yr, and 5% annual appreciation supports $182,346 over five years. Five-year ROI reaches 154.58% and total cumulative return in cash sums $335,649. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,802/mo property income instead of your personal income.
Single Family
Built in 1942
7,405 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: Dimaggio Carrion • Carrion Realty
Mls Name: MetroList Services of CA
Mls ID: #225132771