What is the rental yield in Mission Hill Historic District, Santa Cruz?

The gross yield in Mission Hill Historic District, Santa Cruz, California is 3.1. That sits alongside pricing in line with Santa Cruz and about 56% above California, with a price trend down 1.2% over the past year and a Red Flag score of 60.

How does Mission Hill Historic District compare to Santa Cruz and California?

Mission Hill Historic District in Santa Cruz, California is priced in line with Santa Cruz and about 56% above California. It also shows a gross yield of 3.1, a price trend down 1.2% over the past year, walkability of 88, and education in the 52nd percentile.

What are the main strengths and risks in Mission Hill Historic District?

A clear strength in Mission Hill Historic District, Santa Cruz, California is walkability of 88. A key risk is the Red Flag score of 60, while the gross yield is 3.1 and the price trend is down 1.2% over the past year.

Neighborhood

Mission Hill Historic District

Santa Cruz, California US

Mission Hill Historic District in Santa Cruz, California has a mixed investment profile with pricing in line with Santa Cruz and about 56% above California, a gross yield of 3.1, and a price trend down 1.2% over the past year. It combines strong walkability of 88 with education in the 52nd percentile, while the Red Flag score of 60 points to a moderate risk backdrop.

AI Summary•Updated May 2026

Area

2.60 mi²

ZIP Code

95060

County

Santa Cruz County

State

California

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$1,469,564

YoY-1.2%

Gross Rental Yield

3.1%

Listed rent · ZORI annualized

Red Flag Index

High

60 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

52 / 100

Fair · better than 52% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Mission Hill Historic District Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Mission Hill Historic District, Santa Cruz.

Unlock the Mission Hill Historic District 12-month price trend

See the full Verified vs Listed price history — free with a DistrictScore account.

Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$1,469,564	-1.2%
Price / Sq Ft (Verified)	$874/sqft	+3.5%
Asking Rent (Median)	$3,744/mo	+5.5%
Gross Rental Yield	3.1%	—
Liquidity Score	28 / 100	Low
Homes Sold (Period)	73	-18.0%

Is Mission Hill Historic District Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited California crime context.

Red Flag Breakdown

60 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood100Very High

Earthquake100Very High

Wildfire40Moderate

Heat40Moderate

Hail40Moderate

Tornado20Low

Strong Wind20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): California averaged 25.6 crimes and 4.9 violent per 1,000 residents (-8.9% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

Unlock the full risk report for Mission Hill Historic District

Tract-level hazard heatmap & parcel detail with Pro

Unlock the Mission Hill Historic District hazard breakdown

See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Highly walkable neighborhood — score 88/100

Active transaction volume — 73 homes sold last period

Dense amenities — 87 dining & 9 grocery options nearby

Flood risk is Very High (100/100)

Earthquake risk is Very High (100/100)

Insights are generated from Mission Hill Historic District's live DistrictScore metrics.

Mission Hill Historic District Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (California-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

5.7 µg/m³ Meets EPA, above WHO guideline+12.0% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Mission Hill Historic District centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 44% of U.S. neighborhoods.

California Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	25.6	4.9	-8.9%
2023	28.3	5.1	-0.7%
2022	28.6	5.0	+8.0%
2021	26.5	4.8	+1.9%
2020	25.8	4.4	-7.3%
2019	27.8	4.4	—

Reported at the state level — the finest official US crime aggregation; Mission Hill Historic District inherits the California figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · Mission Hill Historic District

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)4.8 kmModerate

Industrial odor5 nearbyVery High

Point-source screening near Mission Hill Historic District: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Mission Hill Historic District

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

88

Very Walkable

Walkability Score

9

Grocery

87

Dining

12

Schools

4

Universities

1

Hospitals

6

Pharmacies

21

Parks

1

Rail Transit

2

Coworking

POI counts are amenities within Mission Hill Historic District's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Mission Hill Historic District vs Santa Cruz vs California

How Mission Hill Historic District benchmarks against its city and state medians.

Benchmark vs City & State

In Mission Hill Historic District, the median sale price sits in line with the median for Santa Cruz neighborhoods and about 56% above the statewide median. Gross rental yield is 3.1%, against 3.1% for Santa Cruz neighborhoods and 3.7% statewide. Over the past 12 months, prices fell 1.2%. Transaction liquidity sits above the median for Santa Cruz neighborhoods and in line with the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Mission Hill Historic District	$874/sqft	3.1%	28
Santa Cruz	$874/sqft	3.1%	23
California	$559/sqft	3.7%	28

Unlock the Mission Hill Historic District benchmark

Compare Mission Hill Historic District against Santa Cruz and California medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & California tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.69% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 13.3%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: documentary transfer tax $0.55 per $500 + local.

Assessment Cap

Prop 13 caps assessed-value growth at 2%/yr; property is reassessed to market value when you buy.

Mansion Tax / Rent Control

No statewide mansion tax (LA has a local one); statewide rent control caps increases at 5%+CPI (AB 1482).

US citizens & tax residents8

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Senior & Veteran Exemptions

Disabled-veteran property-tax exemption (~$161,083 in 2025, more if low-income); senior programs available.

1031 State Conformity

California conforms to 1031 but claws back deferred CA-source gain (Form FTB 3840) if you move out of state.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & California property-tax guidance for foreign buyers

Latest Santa Cruz Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Mission Hill Historic District Real Estate FAQ

Mission Hill Historic District in Santa Cruz, California has a mixed profile for investors, with pricing in line with Santa Cruz, about 56% above California, and a gross yield of 3.1. The price trend is down 1.2% over the past year, while the Red Flag score is 60 and walkability is 88.

Neighborhoods near Mission Hill Historic District

Compare Mission Hill Historic District with nearby neighborhoods in Santa Cruz.

Unlock deeper insights on Mission Hill Historic District

Deeper data. Smarter decisions. Stronger returns.

Full Risk Reports

Tract-level hazards

Investment Score

AI-driven analysis

Export & Reports

PDF & Excel

Priority Support

Fast-track help

Get Pro Access7-day free trial. Cancel anytime.