Zip Code 93906 — Salinas, CA
🟡MODERATE— average returnsCap Rate
4.0%
Monthly Cash Flow
-$1,407
Median Home Price
$712,532
DSCR
0.63
🏠 Fair Market Rents
- Studio
- $2,430/mo
- 1 Bedroom
- $2,460/mo
- 2 Bedroom
- $2,990/mo
- 3 Bedroom
- $4,140/mo
- 4 Bedroom
- $4,570/mo
📊 Investment Metrics
- Cap Rate
- 4.0%
- Cash-on-Cash Return
- -10.3%
- Price-to-Rent Ratio
- 14.3
- 1% Rule
- 0.58%
- Gross Rent Multiplier
- 14.3
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →