929 Capistrano DriveSalinasCA93901
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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 929 Capistrano Drive, Salinas, CA, 93901 earns from $4,304/mo rent with a $3,818/mo payment. Total monthly income totals $4,304/mo. ROI tracks 17.62% on current figures, and rental yield reads 6.62% at a $779,999 purchase. Equity gained on principal adds $5,033/yr, and 5% annual appreciation supports $215,499 over five years. Five-year ROI reaches 90.55% and total cumulative return in cash sums $232,360. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,304/mo property income instead of your personal income.
Single Family
Built in 1950
5,700 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: Alex Salazar • Re/Max Gold
Mls Name: TCMLS
Mls ID: #238217