785 Ambrose DrSalinasCA93901
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
Investment Highlights
Investment property for sale in Salinas at 785 Ambrose Dr, Salinas, CA, 93901 with 5% annual appreciation on a $843,000 basis while $3,649/mo rent supports operations. 29% in year one. Equity gained on principal adds $5,440/yr, and five-year appreciation sums $232,905 alongside rental yield of 5.19%. Five-year ROI measures 67.3% and total cumulative return in cash totals $186,644. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,649/mo property income versus a $4,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
6,112 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93901, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 4,339 (39.1%) |
| Renter Occupied HU | 6,104 (55.0%) |
| Vacant Housing Units | 661 ( 6.0%) |
| Median Home Value | $758,452 |
| Average Home Value | $876,198 |
Housing Distribution
Address Breakdown
Residential
10,686
Single Family
8,645
Multi-Family
2,041
Businesses
2,450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Cosentino • BHGRE Haven Properties
Mls Name: MLSListings Inc
Mls ID: #ML82016844