1010 Palm Canyon Dr APT 264Borrego SpringsCA92004
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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 Borrego Springs at 1010 Palm Canyon Dr APT 264, Borrego Springs, CA, 92004 earns $222/mo cash flow from $1,085/mo rent with a $683/mo payment. Total monthly income totals $1,085/mo, and annual cash flow totals $2,662/yr on $46,244 capital. ROI tracks 25.66% on current figures, and rental yield reads 9.33% at a $139,500 purchase. Equity gained on principal adds $900/yr, and 5% annual appreciation supports $38,541 over five years. Five-year ROI reaches 133.71% and total cumulative return in cash sums $61,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,085/mo property income instead of your personal income.
Manufactured
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92004, Borrego Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,999 (100%) |
| Owner Occupied HU | 1,242 (41.4%) |
| Renter Occupied HU | 388 (12.9%) |
| Vacant Housing Units | 1,369 (45.6%) |
| Median Home Value | $556,818 |
| Average Home Value | $811,886 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
139
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Listed by: Brian Smith • Green Realty
Mls Name: SDMLS
Mls Provider:
Mls ID: #250023038
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