REI Lense

REI Lense

Santa Cruz, CA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Santa Cruz, CA. Based on 20+ datapoints.

Santa Cruz, CA Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

1.9%

Avg Cash on Cash

-22.2%

Median Cashflow

-$5,261/mo

Avg Rent Estimate

$4,986/mo

Avg Price

$1,418,518

Price Range

$850K – $2M

approximate

Rent to Price

0.35%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Santa Cruz, CA

Santa Cruz, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 1.9%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 20+ analyzed properties, the median monthly cashflow in Santa Cruz, CA is -$5,261 with average rents of $4,986/month. Properties are priced about $850,000 to $2,000,000, offering entry points across multiple investment budgets.

2906 Kristie Ct, Santa Cruz, CA 95065

Price

$1,199,000

Rent

$4,505

CachFlow

-$4,716

CoC

-22.48

Full Analysis

137 Holway Dr, Santa Cruz, CA 95065

Price

$1,567,400

Rent

$4,975

CachFlow

-$6,980

CoC

-25.45

Full Analysis

111 Button St, Santa Cruz, CA 95060

Price

$1,078,600

Rent

$4,715

CachFlow

-$3,783

CoC

-20.04

Full Analysis

145 National St, Santa Cruz, CA 95060

Price

$1,549,000

Rent

$4,693

CachFlow

-$7,110

CoC

-26.23

Full Analysis

5010 Thurber Ln, Santa Cruz, CA 95065

Price

$1,289,000

Rent

$5,059

CachFlow

-$4,940

CoC

-21.9

Full Analysis
1–5 of 20+
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Santa Cruz, CA Rental Market Insights

  • Median cashflow is -$5,261/month — careful deal selection is essential here
  • 1.9% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Santa Cruz, CA requires selective property picks
  • Premium market with properties priced about $850,000 to $2,000,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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