239 Elk StSanta CruzCA95065
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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 239 Elk St, Santa Cruz, CA, 95065 listed at $850,000 pairs $4,355/mo rent with a $4,160/mo payment. Total monthly income runs $4,355/mo. Return on cash invested measures 16.19% in year one, and rental yield registers 6.15% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 82.84% and total cumulative return in cash totals $231,670. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,355/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
5,271 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95065, Santa Cruz, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,350 (100%) |
| Owner Occupied HU | 2,085 (62.2%) |
| Renter Occupied HU | 1,052 (31.4%) |
| Vacant Housing Units | 213 ( 6.4%) |
| Median Home Value | $1,219,922 |
| Average Home Value | $1,315,375 |
Housing Distribution
Address Breakdown
Residential
3,172
Single Family
2,899
Multi-Family
273
Businesses
233
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Listed by: Patrick Grube • P. J. Grube Real Estate
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81988980
Disclaimer: Based on information from the MLSListings MLS as of 2025-01-08 08:53:43 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.