2395 Delaware Ave SPC 31Santa 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
Rental property for sale in Santa Cruz at 2395 Delaware Ave SPC 31, Santa Cruz, CA, 95060 priced at $395,000 pairs $2,821/mo rent with $378/mo cash flow after a $1,933/mo payment. Total monthly income equals $2,821/mo, and annual cash flow comes to $4,533/yr on $130,943 invested. Return on cash invested is 23.37% in year one, and rental yield stands at 8.57% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 121.4% and total cumulative return in cash reaches $158,970. For financing, Ziffy Mortgage’s DSCR program evaluates $2,821/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or 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: Loren Morse • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81966656
Disclaimer: Based on information from the MLSListings MLS as of 2025-05-13 21:11:28 PDT. 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.