55 San Juan Grade Rd SPACE 52SalinasCA93906
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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 55 San Juan Grade Rd SPACE 52, Salinas, CA, 93906 offers $4,522/mo rent that, after a $979/mo payment, leaves $3,285/mo cash flow. Total monthly income is $4,522/mo, and annual cash flow is $39,416/yr on $66,300 cash. Return on cash invested measures 79.36% in year one, and rental yield stands at 27.13% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 421.66% and total cumulative return in cash reaches $279,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,522/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
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: Patrick Crocetta • Hometown America Communities
Mls Name: My State MLS
Mls ID: #11272110