914 Acosta Plz UNIT 32SalinasCA93905
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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 914 Acosta Plz UNIT 32, Salinas, CA, 93905 generates $3,527/mo in rent and, after a $2,056/mo payment, leaves $929/mo in cash flow. Total monthly income is $3,527/mo, and annual cash flow is $11,142/yr on $139,230 invested. Return on cash invested sits at 27.91% in year one, and rental yield is 10.08% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 145.75% and total cumulative return in cash sums $202,927. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,527/mo property income rather than buyer’s personal income.
Condo
Built in 1974
766 sqft 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: Monterey Peninsula Home Team • KW Coastal Estates
Mls Name: MLSListings Inc
Mls ID: #ML82025905