800 Brommer St SPACE 79Santa 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
Investment property for sale in Santa Cruz at 800 Brommer St SPACE 79, Santa Cruz, CA, 95062 offers a 10.64% rental yield on a $599,000 purchase with $5,310/mo rent. Total monthly income registers $5,310/mo, and a $2,932/mo payment leaves $1,604/mo available for distribution. Annual cash flow reaches $19,251/yr on $197,071 to close, and return on cash invested stands at 29.83% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 156.01% and total cumulative return in cash at $307,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,310/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheila Feddema • Sherman & Boone Realtors
Mls Name: MLSListings Inc
Mls ID: #ML82020092