401 Sequoia AveMontereyCA93940
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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 Monterey at 401 Sequoia Ave, Monterey, CA, 93940 at $845,000 posts ROI 20.19% with $30/mo cash flow from $5,257/mo rent. Total monthly income equals $5,257/mo, and annual cash flow records $354/yr on $278,005 to close. Return on cash invested measures 20.19% and rental yield reads 7.47% at the current $845,000. Equity gained on principal adds $5,453/yr, and 5% annual appreciation supports $233,458 by year five. Five-year ROI prints 104.3% and total cumulative return in cash totals $289,968.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,257/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
5,514 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93940, Monterey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,195 (100%) |
| Owner Occupied HU | 5,474 (36.0%) |
| Renter Occupied HU | 8,085 (53.2%) |
| Vacant Housing Units | 1,636 (10.8%) |
| Median Home Value | $1,052,750 |
| Average Home Value | $1,188,289 |
Housing Distribution
Address Breakdown
Residential
15,034
Single Family
13,351
Multi-Family
1,683
Businesses
2,778
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Listed by: Sandra Lynn Yagyu • The Jones Group-Coast & Country Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82022445