284 Osage DrSalinasCA93906
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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 284 Osage Dr, Salinas, CA, 93906 offers a 7.15% rental yield on a $720,000 purchase with $4,291/mo rent. 23% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,923 over five years. Portfolio math shows five-year ROI at 99.18% and total cumulative return in cash at $234,943. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,291/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
N/A 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
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Listed by: Veronica Contreras-Jaimes • John Hoffman
Mls Name: SDMLS
Mls Provider:
Mls ID: #250021772
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