462 Hampstead WaySanta CruzCA95062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 462 Hampstead Way, Santa Cruz, CA, 95062 priced at $1,250,000 converts $4,187/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,187/mo. Return on cash invested prints 9.86% in year one, and rental yield reads 4.02% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 48.88% and total cumulative return in cash sums $197,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,187/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1953
4,443 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Gieringer • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82030428