424 Brighton StSalinasCA93907
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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
Rental property for sale in Salinas at 424 Brighton St, Salinas, CA, 93907 priced at $619,000 pairs $3,978/mo rent with $148/mo cash flow after a $3,030/mo payment. Total monthly income equals $3,978/mo, and annual cash flow comes to $1,781/yr on $203,651 invested. Return on cash invested is 20.94% in year one, and rental yield stands at 7.71% on a $619,000 basis. Equity gained on principal adds $3,994/yr, and 5% annual appreciation accumulates to $171,018 by year five. Five-year ROI measures 108.31% and total cumulative return in cash reaches $220,573. For financing, Ziffy Mortgage’s DSCR program evaluates $3,978/mo property income against a $3,030/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
4,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93907, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,780 (100%) |
| Owner Occupied HU | 5,105 (65.6%) |
| Renter Occupied HU | 2,338 (30.1%) |
| Vacant Housing Units | 337 ( 4.3%) |
| Median Home Value | $770,228 |
| Average Home Value | $891,078 |
Housing Distribution
Address Breakdown
Residential
7,425
Single Family
7,403
Multi-Family
22
Businesses
576
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Listed by: The Ruiz Group • Keller Williams Realty
Mls Name: MLSListings Inc
Mls ID: #ML82020955