41 Grandview St APT 1204Santa 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 41 Grandview St APT 1204, Santa Cruz, CA, 95060 uses $172,725 cash to close to unlock $3,694/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $3,556/mo, and a $2,570/mo payment keeps the spread at $308/mo. Purchase price stands at $525,000, and rental yield measures 8.13% with $3,556/mo rent. Return on cash invested shows 22.2% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 115.08% and total cumulative return in cash records $198,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,556/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Condo
Built in 1989
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: Holly Ma • David Lyng Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82026702