912 Acosta Plz UNIT 11SalinasCA93905
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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 Salinas at 912 Acosta Plz UNIT 11, Salinas, CA, 93905 uses $144,203 cash to close to unlock $16,861/yr annual cash flow and $1,405/mo monthly cash flow. Total monthly income runs $4,096/mo, and a $2,129/mo payment keeps the spread at $1,405/mo. Purchase price stands at $435,000, and rental yield measures 11.3% with $4,096/mo rent. Return on cash invested shows 31.6% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 165.56% and total cumulative return in cash records $238,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,096/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93905, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,562 (100%) |
| Owner Occupied HU | 5,983 (41.1%) |
| Renter Occupied HU | 8,234 (56.5%) |
| Vacant Housing Units | 345 ( 2.4%) |
| Median Home Value | $600,929 |
| Average Home Value | $654,414 |
Housing Distribution
Address Breakdown
Residential
13,703
Single Family
11,384
Multi-Family
2,319
Businesses
706
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Listed by: Natalia Lockwood • David Lyng Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82025253