20-22 Hitchcock RdSalinasCA93908
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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 20-22 Hitchcock Rd, Salinas, CA, 93908 earns from $4,800/mo rent with a $4,772/mo payment. Total monthly income totals $4,800/mo. ROI tracks 15.45% on current figures, and rental yield reads 5.91% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 78.91% and total cumulative return in cash sums $253,131. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Single Family
Built in 1932
0.50 Acres lot
$N/A/sqft
No 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: Chantel Henson • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82022291