1625-16 Brommer StSanta CruzCA95062
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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 1625-16 Brommer St, Santa Cruz, CA, 95062 uses $190,491 cash to close to unlock $961/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $3,662/mo, and a $2,834/mo payment keeps the spread at $80/mo. Purchase price stands at $579,000, and rental yield measures 7.59% with $3,662/mo rent. Return on cash invested shows 20.56% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 106.34% and total cumulative return in cash records $202,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,662/mo property income covering a $2,834/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95062, Santa Cruz, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,788 (100%) |
| Owner Occupied HU | 7,551 (45.0%) |
| Renter Occupied HU | 7,200 (42.9%) |
| Vacant Housing Units | 2,037 (12.1%) |
| Median Home Value | $1,096,316 |
| Average Home Value | $1,166,941 |
Housing Distribution
Address Breakdown
Residential
16,074
Single Family
14,626
Multi-Family
1,448
Businesses
1,258
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Listed by: Jen Poli • David Lyng Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82013918