317 Brook AveSanta 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
Rental property for sale in Santa Cruz at 317 Brook Ave, Santa Cruz, CA, 95062 priced at $995,000 pairs $3,962/mo rent with after a $4,870/mo payment. Total monthly income equals $3,962/mo. Return on cash invested is 12.02% in year one, and rental yield stands at 4.78% on a $995,000 basis. Equity gained on principal adds $6,421/yr, and 5% annual appreciation accumulates to $274,900 by year five. Five-year ROI measures 60.5% and total cumulative return in cash reaches $198,042. For financing, Ziffy Mortgage’s DSCR program evaluates $3,962/mo property income against a $4,870/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1962
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: Christine J. Evans • Bailey Properties
Mls Name: MLSListings Inc
Mls ID: #ML82019635