826 Central AveSalinasCA93901
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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 826 Central Ave, Salinas, CA, 93901 priced at $725,000 converts $3,208/mo rent into after a $3,549/mo obligation. Total monthly income equals $3,208/mo. Return on cash invested prints 13.63% in year one, and rental yield reads 5.31% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 69.15% and total cumulative return in cash sums $164,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,208/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 1965
6,000 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
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Listed by: Nicholas Tortorelli • NT Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82029622