2395 Delaware Ave #42Santa 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 2395 Delaware Ave #42, Santa Cruz, CA, 95060 at $320,000 posts ROI 23.25% with $296/mo cash flow from $2,275/mo rent. Total monthly income equals $2,275/mo, and annual cash flow records $3,548/yr on $106,080 to close. Return on cash invested measures 23.25% and rental yield reads 8.53% at the current $320,000. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 by year five. Five-year ROI prints 120.78% and total cumulative return in cash totals $128,127.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,275/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1971
N/A 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: Pamela Samuelson • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML81962146