128 McMillan DrSanta 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
Investment property for sale in Santa Cruz at 128 McMillan Dr, Santa Cruz, CA, 95060 listed at $1,399,000 pairs $5,308/mo rent with a $6,847/mo payment. Total monthly income runs $5,308/mo. Return on cash invested measures 11.51% in year one, and rental yield registers 4.55% at a $1,399,000 basis. Equity gained on principal adds $9,028/yr, and annual property appreciation at 5% supports $386,518 by year five. Five-year ROI tracks 57.7% and total cumulative return in cash totals $261,557. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,308/mo property income relative to a $6,847/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
9,148 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: Marvin Christie • Anderson Christie, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82027197