522 E Alvin 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 522 E Alvin Dr, Salinas, CA, 93906 listed at $665,000 pairs $4,061/mo rent with a $3,255/mo payment. Total monthly income runs $4,061/mo. Return on cash invested measures 19.77% in year one, and rental yield registers 7.33% at a $665,000 basis. Equity gained on principal adds $4,291/yr, and annual property appreciation at 5% supports $183,727 by year five. Five-year ROI tracks 102.08% and total cumulative return in cash totals $223,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,061/mo property income relative to a $3,255/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
5,663 sqft 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: Hap Albers • Albers Real Estate Investment Company
Mls Name: MLSListings Inc
Mls ID: #ML82029747