Residence 626 Plan, Las ViviendasSoledadCA93960
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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 Soledad at Residence 626 Plan, Las Viviendas, Soledad, CA, 93960 priced at $329,990 converts $2,190/mo rent into $149/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,190/mo, and annual cash flow totals $1,785/yr on $109,392 invested. Return on cash invested prints 21.54% in year one, and rental yield reads 7.96% against a $329,990 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,170 by year five. Five-year ROI reaches 111.59% and total cumulative return in cash sums $122,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,190/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93960, Soledad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,319 (100%) |
| Owner Occupied HU | 3,009 (56.6%) |
| Renter Occupied HU | 2,113 (39.7%) |
| Vacant Housing Units | 197 ( 3.7%) |
| Median Home Value | $603,564 |
| Average Home Value | $647,328 |
Housing Distribution
Address Breakdown
Residential
4,817
Single Family
4,699
Multi-Family
118
Businesses
345
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Listed by: Marlene Lucero (DRE #01305335) • Legacy Homes
Mls Name: Legacy Homes
Mls ID: #N/A