9340 Pollock LnSalinasCA93907
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 9340 Pollock Ln, Salinas, CA, 93907 in Salinas at $929,000. Rental yield 6.12%. The 6.12% yield and 1.13 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $256,666 by year five, and $8,556/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $287,203.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.5% |
| Monthly Cash Flow | $(1,012) | $400 |
City averages based on Salinas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,735 |
| Total Monthly Debt Service | $5,377 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93907, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,780 (100%) |
| Owner Occupied HU | 5,105 (65.6%) |
| Renter Occupied HU | 2,338 (30.1%) |
| Vacant Housing Units | 337 ( 4.3%) |
| Median Home Value | $770,228 |
| Average Home Value | $891,078 |
Housing Distribution
Address Breakdown
Residential
7,425
Single Family
7,403
Multi-Family
22
Businesses
576
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
Single Family
Built in 1951
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93907, Salinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,780 (100%) |
| Owner Occupied HU | 5,105 (65.6%) |
| Renter Occupied HU | 2,338 (30.1%) |
| Vacant Housing Units | 337 ( 4.3%) |
| Median Home Value | $770,228 |
| Average Home Value | $891,078 |
Housing Distribution
Address Breakdown
Residential
7,425
Single Family
7,403
Multi-Family
22
Businesses
576
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSListings Inc
Mls ID: #ML82038164