752 Alvarado DrSalinasCA93907
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 752 Alvarado Dr, Salinas, CA, 93907 in Salinas. Rental yield 7.75%. The 1.44 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $174,334 and $5,812/yr in principal reduction project total return of $239,448.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.5% |
| Monthly Cash Flow | $(10) | $400 |
City averages based on Salinas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,075 |
| Total Monthly Debt Service | $3,834 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.