121 Palo Verde TerSanta CruzCA95060
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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 Santa Cruz at 121 Palo Verde Ter, Santa Cruz, CA, 95060 priced at $819,000 pairs $4,198/mo rent with after a $4,009/mo payment. Total monthly income equals $4,198/mo. Return on cash invested is 16.19% in year one, and rental yield stands at 6.15% on a $819,000 basis. Equity gained on principal adds $5,285/yr, and 5% annual appreciation accumulates to $226,275 by year five. Five-year ROI measures 82.87% and total cumulative return in cash reaches $223,305. For financing, Ziffy Mortgage’s DSCR program evaluates $4,198/mo property income against a $4,009/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1973
1,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95060, Santa Cruz, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,846 (100%) |
| Owner Occupied HU | 9,053 (43.4%) |
| Renter Occupied HU | 9,392 (45.1%) |
| Vacant Housing Units | 2,401 (11.5%) |
| Median Home Value | $1,387,725 |
| Average Home Value | $1,409,930 |
Housing Distribution
Address Breakdown
Residential
18,805
Single Family
16,578
Multi-Family
2,227
Businesses
2,179
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Listed by: Charlie Duppen • David Lyng Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82016227