55 San Juan Grade Rd #73SalinasCA93906
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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 55 San Juan Grade Rd #73, Salinas, CA, 93906 uses $46,410 cash to close to unlock $24,086/yr annual cash flow and $2,007/mo monthly cash flow. Total monthly income runs $2,873/mo, and a $685/mo payment keeps the spread at $2,007/mo. Purchase price stands at $140,000, and rental yield measures 24.63% with $2,873/mo rent. Return on cash invested shows 71.81% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 381.25% and total cumulative return in cash records $176,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,873/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1969
N/A 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: Alejandro Marquez Cruz • Century 21 Masters
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82010229
Disclaimer: Based on information from the MLSListings MLS as of 2025-10-18 03:31:21 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.