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 10+ datapoints.

Santa Cruz, CA Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

2.3%

Avg Cash on Cash

-18.2%

Median Cashflow

-$4,763/mo

Avg Rent Estimate

$5,931/mo

Avg Price

$1,416,136

Price Range

$1,099,000 - $1,737,500

Rent to Price

0.42%

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 2.3%, 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 10+ analyzed properties, the median monthly cashflow in Santa Cruz, CA is -$4,763 with average rents of $5,931/month. Properties range from $1,099,000 to $1,737,500, offering entry points across multiple investment budgets.

21 Kite Hill Rd, Santa Cruz, CA 95060

Price

$2,861,300

Rent

$7,819

CachFlow

-$11,425

CoC

-22.82

Full Analysis

251 Starlight Ter, Santa Cruz, CA 95065

Price

$1,610,300

Rent

$7,414

CachFlow

-$4,379

CoC

-15.54

Full Analysis

1921 16th Ave, Santa Cruz, CA 95062

Price

$1,350,300

Rent

$4,735

CachFlow

-$4,467

CoC

-18.9

Full Analysis

133 Echo St, Santa Cruz, CA 95060

Price

$1,100,000

Rent

$5,615

CachFlow

-$1,779

CoC

-9.24

Full Analysis

6790 Bonny Doon Rd, Santa Cruz, CA 95060

Price

$1,099,000

Rent

$5,010

CachFlow

-$2,300

CoC

-11.96

Full Analysis
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Santa Cruz, CA Rental Market Insights

  • Median cashflow is -$4,763/month — careful deal selection is essential here
  • 2.3% 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 from $1,099,000 to $1,737,500
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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