1944 Harper 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 1944 Harper St, Santa Cruz, CA, 95062 listed at $388,500 pairs $2,632/mo rent with a $1,902/mo payment to leave $228/mo cash flow. Total monthly income runs $2,632/mo, and annual cash flow reaches $2,738/yr on $128,788 cash to close. Return on cash invested measures 22.04% in year one, and rental yield registers 8.13% at a $388,500 basis. Equity gained on principal adds $2,507/yr, and annual property appreciation at 5% supports $107,335 by year five. Five-year ROI tracks 114.26% and total cumulative return in cash totals $147,149. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,632/mo property income relative to a $1,902/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
1,655 sqft 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: The Madani Team • Room Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82021589