What is the rental yield in Santa Rita, Salinas, California?

Santa Rita, Salinas, California has a gross yield of 4.2. Prices are about 2% above Salinas and 11% below California. Over the past year, prices declined 6.9%, and the neighborhood carries a Red Flag score of 53.

How has Santa Rita, Salinas, California performed over the past year?

Santa Rita, Salinas, California has seen prices fall 6.9% over the past year. The neighborhood is priced about 2% above Salinas and 11% below California, with a gross yield of 4.2. The Red Flag score is 53, and walkability is 55.

How does Santa Rita compare with Salinas and California?

Santa Rita, Salinas, California is priced about 2% above Salinas and 11% below California. It has a gross yield of 4.2 and a Red Flag score of 53. Walkability is 55, and education is in the 5th percentile.

What should buyers know about schools and walkability in Santa Rita, Salinas, California?

Santa Rita, Salinas, California has walkability of 55 and education in the 5th percentile. Prices are about 2% above Salinas and 11% below California, with a gross yield of 4.2. Over the past year, prices fell 6.9%, and the Red Flag score is 53.

Neighborhood

Santa Rita

Salinas, California US

Santa Rita, Salinas, California has a mixed investment profile with gross yield of 4.2 and prices about 2% above Salinas but 11% below California. Prices are down 6.9% over the past year, indicating weaker recent pricing momentum. The neighborhood posts a Red Flag score of 53, walkability of 55, and education in the 5th percentile, pairing moderate walkability with low school-district test-score percentile and midrange overall risk.

AI Summary•Updated May 2026

Area

0.67 mi²

ZIP Code

93906

County

Monterey County

State

California

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$696,793

YoY-6.9%

Gross Rental Yield

4.2%

Listed rent · ZORI annualized

Red Flag Index

Moderate

53 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

5 / 100

Limited · better than 5% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Santa Rita Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Santa Rita, Salinas.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$696,793	-6.9%
Price / Sq Ft (Verified)	$502/sqft	+6.9%
Asking Rent (Median)	$2,462/mo	+3.1%
Gross Rental Yield	4.2%	—
Liquidity Score	28 / 100	Low
Homes Sold (Period)	76	+43.4%

Is Santa Rita Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited California crime context.

Red Flag Breakdown

53 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake100Very High

Heat80Very High

Flood60High

Wildfire40Moderate

Tornado20Low

Strong Wind20Low

Hail20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): California averaged 25.6 crimes and 4.9 violent per 1,000 residents (-8.9% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Active transaction volume — 76 homes sold last period

Earthquake risk is Very High (100/100)

Heat risk is Very High (80/100)

Insights are generated from Santa Rita's live DistrictScore metrics.

Santa Rita Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (California-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.5 µg/m³ Meets EPA, above WHO guideline+28.2% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Santa Rita centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 67% of U.S. neighborhoods.

California Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	25.6	4.9	-8.9%
2023	28.3	5.1	-0.7%
2022	28.6	5.0	+8.0%
2021	26.5	4.8	+1.9%
2020	25.8	4.4	-7.3%
2019	27.8	4.4	—

Reported at the state level — the finest official US crime aggregation; Santa Rita inherits the California figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · Santa Rita

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Walkability & Amenities in Santa Rita

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

55

Somewhat Walkable

Walkability Score

5

Grocery

11

Dining

2

Schools

0

Universities

0

Hospitals

1

Pharmacies

3

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Santa Rita's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Santa Rita vs Salinas vs California

How Santa Rita benchmarks against its city and state medians.

Benchmark vs City & State

Across Santa Rita, the median sale price sits in line with the median for Salinas neighborhoods and about 10% below the statewide median. Gross rental yield is 4.2%, against 4.0% for Salinas neighborhoods and 3.7% statewide. Over the past 12 months, prices fell 6.9%. Transaction liquidity sits above the median for Salinas neighborhoods and in line with the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Santa Rita	$502/sqft	4.2%	28
Salinas	$494/sqft	4.0%	22
California	$559/sqft	3.7%	28

Unlock the Santa Rita benchmark

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Buying Property in the US as a Foreigner

Federal & California tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.69% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 13.3%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: documentary transfer tax $0.55 per $500 + local.

Assessment Cap

Prop 13 caps assessed-value growth at 2%/yr; property is reassessed to market value when you buy.

Mansion Tax / Rent Control

No statewide mansion tax (LA has a local one); statewide rent control caps increases at 5%+CPI (AB 1482).

US citizens & tax residents8

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Senior & Veteran Exemptions

Disabled-veteran property-tax exemption (~$161,083 in 2025, more if low-income); senior programs available.

1031 State Conformity

California conforms to 1031 but claws back deferred CA-source gain (Form FTB 3840) if you move out of state.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & California property-tax guidance for foreign buyers

Latest Salinas Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Santa Rita Real Estate FAQ

Santa Rita, Salinas, California has a gross yield of 4.2 and prices about 2% above Salinas but 11% below California. Prices are down 6.9% over the past year, and the Red Flag score is 53. Walkability is 55, while education is in the 5th percentile.

Neighborhoods near Santa Rita

Compare Santa Rita with nearby neighborhoods in Salinas.

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