1204 Pickford WaySalinasCA93906
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
Investment property for sale in Salinas at 1204 Pickford Way, Salinas, CA, 93906 earns from $4,145/mo rent with a $4,013/mo payment. Total monthly income totals $4,145/mo. ROI tracks 15.94% on current figures, and rental yield reads 6.07% at a $820,000 purchase. Equity gained on principal adds $5,291/yr, and 5% annual appreciation supports $226,551 over five years. Five-year ROI reaches 81.49% and total cumulative return in cash sums $219,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,145/mo property income instead of your personal income.
Single Family
Built in 1991
6,919 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93906, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,556 (100%) |
| Owner Occupied HU | 9,176 (49.5%) |
| Renter Occupied HU | 8,759 (47.2%) |
| Vacant Housing Units | 621 ( 3.3%) |
| Median Home Value | $644,358 |
| Average Home Value | $745,036 |
Housing Distribution
Address Breakdown
Residential
17,761
Single Family
15,603
Multi-Family
2,158
Businesses
903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Barrera • Windermere Valley Properties
Mls Name: MLSListings Inc
Mls ID: #ML82011959