715 Skinner StSoledadCA93960
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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 Soledad at 715 Skinner St, Soledad, CA, 93960 offers a 7.54% rental yield on a $729,000 purchase with $4,578/mo rent. Total monthly income registers $4,578/mo, and a $3,568/mo payment leaves $68/mo available for distribution. Annual cash flow reaches $820/yr on $239,841 to close, and return on cash invested stands at 20.4% in year one. Equity gained on principal adds $4,704/yr while 5% annual appreciation supports $201,409 over five years. Portfolio math shows five-year ROI at 105.46% and total cumulative return in cash at $252,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,578/mo property income against a $3,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,388 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93960, Soledad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,319 (100%) |
| Owner Occupied HU | 3,009 (56.6%) |
| Renter Occupied HU | 2,113 (39.7%) |
| Vacant Housing Units | 197 ( 3.7%) |
| Median Home Value | $603,564 |
| Average Home Value | $647,328 |
Housing Distribution
Address Breakdown
Residential
4,817
Single Family
4,699
Multi-Family
118
Businesses
345
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Listed by: Maria Serrano Chapa • RE/MAX Realty Partners
Mls Name: MLSListings Inc
Mls ID: #ML82022505