For SaleRisky Deal8 days on market
946 La Mancha Way
946 La Mancha Way, Salinas, CA 93905, Salinas, CA 93905
$725,000
Estimate®:$718,300
Listing Price
946 La Mancha Way, Salinas, CA 93905
Loc: Salinas, CA
Days Listed
8
Tax Assessed
$275k
Estimate®
$718k
Market Rate
Lot Size
4,520 sqft
Rent Estimate
$3,712/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Frank Paul Elementary School
K-6
0.2 mi away
3
La Paz Middle School
7-8
0.1 mi away
5
Alisal High School
9-12
0.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storystucco exteriorattached garagetile roofsuburbanwell-maintainedmanicured lawnresidentialclassicminimalistlandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.85%
Total ROI
42.4%
Cash Flow
$-1,439/mo
DSCR
0.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,439/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Salinas, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $725,000 | $567 |
| 2012-06-29 | Sold | $215,000 | $168 |
| 2012-05-15 | Sold | $177,000 | $138 |
| 2011-08-22 | Price change | $189,000 | $148 |
| 2010-08-15 | Listed for sale | $195,000 | $152 |
| 2007-03-29 | Sold | $527,500 | $412 |
| 2002-10-10 | Sold | $296,000 | $231 |
| 2000-01-31 | Sold | $175,000 | $137 |
| 1995-10-06 | Sold | $130,000 | $102 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $275,441 |
| 2025 | $3,501.86 | $270,041 |
| 2024 | $3,591.48 | $264,747 |
| 2023 | $3,550.76 | $259,557 |
| 2022 | $3,205.36 | $254,468 |
| 2021 | $3,201.2 | $249,479 |
| 2020 | $3,162.1 | $246,922 |
| 2019 | $3,253.96 | $242,081 |
| 2018 | $3,070.14 | $237,335 |
| 2017 | $3,837.5 | $232,683 |
| 2016 | $3,671.98 | $228,121 |
| 2015 | $3,743.98 | $224,695 |
| 2014 | $3,743.98 | $220,294 |
| 2012 | $0 | $200,000 |
| 2011 | $0 | $190,000 |
| 2010 | $0 | $190,000 |
| 2009 | $0 | $200,000 |
| 2008 | $0 | $325,000 |
| 2007 | $0 | $319,979 |
| 2006 | $0 | $313,706 |
| 2005 | $0 | $307,556 |
| 2004 | $0 | $301,526 |
| 2003 | $0 | $296,000 |
| 2002 | $0 | $182,070 |
| 2001 | $2,928.2 | $178,500 |
| 2000 | $0 | $140,455 |
Similar Properties Nearby
Explore other investment opportunities in Salinas.