331 Van Ness AveSanta 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 331 Van Ness Ave, Santa Cruz, CA, 95060 listed at $1,537,000 pairs $4,984/mo rent with a $7,523/mo payment. Total monthly income runs $4,984/mo. Return on cash invested measures 9.47% in year one, and rental yield registers 3.89% at a $1,537,000 basis. Equity gained on principal adds $9,918/yr, and annual property appreciation at 5% supports $424,645 by year five. Five-year ROI tracks 46.75% and total cumulative return in cash totals $232,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,984/mo property income relative to a $7,523/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
7,710 sqft 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: Sam Bird-Robinson • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82017015