170 Del Mar DrSalinasCA93901
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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 Salinas at 170 Del Mar Dr, Salinas, CA, 93901 earns $115/mo cash flow from $4,748/mo rent with a $3,666/mo payment. Total monthly income totals $4,748/mo, and annual cash flow totals $1,374/yr on $246,421 capital. ROI tracks 20.62% on current figures, and rental yield reads 7.61% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 106.6% and total cumulative return in cash sums $262,696. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,748/mo property income instead of your personal income.
Single Family
Built in 1960
6,700 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
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Listed by: Tammy LaSala • Sothebys International Realty
Mls Name: MLSListings Inc
Mls ID: #ML82017161