17638 Winding Creek RdSalinasCA93908
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
Rental property for sale in Salinas at 17638 Winding Creek Rd, Salinas, CA, 93908 priced at $1,050,000 converts $5,459/mo rent into after a $5,139/mo obligation. Total monthly income equals $5,459/mo. Return on cash invested prints 16.14% in year one, and rental yield reads 6.24% against a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation compiles into $290,096 by year five. Five-year ROI reaches 82.75% and total cumulative return in cash sums $281,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,459/mo property income covering a $5,139/mo payment, not borrower’s personal income.
Single Family
Built in 1990
6,036 sqft lot
$N/A/sqft
$162 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93908, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,124 (100%) |
| Owner Occupied HU | 3,967 (77.4%) |
| Renter Occupied HU | 856 (16.7%) |
| Vacant Housing Units | 301 ( 5.9%) |
| Median Home Value | $1,065,046 |
| Average Home Value | $1,174,842 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
4,578
Multi-Family
264
Businesses
207
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Listed by: Mark Cohan • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81963878
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-15 23:31:48 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.