528 La Mesa DrSalinasCA93901
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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 528 La Mesa Dr, Salinas, CA, 93901 priced at $789,000 pairs $3,814/mo rent with after a $3,862/mo payment. Total monthly income equals $3,814/mo. Return on cash invested is 15.13% in year one, and rental yield stands at 5.8% on a $789,000 basis. Equity gained on principal adds $5,091/yr, and 5% annual appreciation accumulates to $217,986 by year five. Five-year ROI measures 77.16% and total cumulative return in cash reaches $200,290. For financing, Ziffy Mortgage’s DSCR program evaluates $3,814/mo property income against a $3,862/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93901, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 4,339 (39.1%) |
| Renter Occupied HU | 6,104 (55.0%) |
| Vacant Housing Units | 661 ( 6.0%) |
| Median Home Value | $758,452 |
| Average Home Value | $876,198 |
Housing Distribution
Address Breakdown
Residential
10,686
Single Family
8,645
Multi-Family
2,041
Businesses
2,450
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Listed by: Holly Nutt • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82005215