752 Alvarado DrSalinasCA93907
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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 752 Alvarado Dr, Salinas, CA, 93907 generates $4,075/mo in rent, after a $3,088/mo payment. Total monthly income is $4,075/mo. Return on cash invested sits at 20.01% in year one, and rental yield is 7.75% on a $631,000 entry. Equity gained on principal adds $4,072/yr, while 5% annual appreciation builds toward $174,334 over five years. Five-year ROI reaches 103.71% and total cumulative return in cash sums $215,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,075/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
4,072 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 |
Housing Distribution
Address Breakdown
Residential
7,425
Single Family
7,403
Multi-Family
22
Businesses
576
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Listed by: Gerald W. Guay • Compass
Mls Name: SFAR
Mls Provider:
Mls ID: #425046043
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.