442 Corral De Tierra 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
Total monthly income runs $4,859/mo, and a $8,076/mo payment. Purchase price stands at $1,650,000, and rental yield measures 3.53% with $4,859/mo rent. Return on cash invested shows 8.36% in year one, and 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 40.83% and total cumulative return in cash records $218,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,859/mo property income covering a $8,076/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6.03 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: Michelle Balestreri • Agency One Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82010015