549 Powell St, Salinas, CA, 93907 | 7.27% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,028/mo, and a $3,255/mo payment. Purchase price stands at $665,000, and rental yield measures 7.27% with $4,028/mo rent. Return on cash invested shows 19.59% in year one, and 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 101.11% and total cumulative return in cash records $221,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,028/mo property income covering a $3,255/mo payment rather than investor’s personal income.

Single Family

Built in 1989

3,434 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