








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Palm Springs at 105 Obsidian Loop, Palm Springs, CA, 92264 priced at $1,490,300 converts $9,653/mo rent into $156/mo cash flow after a $7,294/mo obligation. Total monthly income equals $9,653/mo, and annual cash flow totals $1,872/yr on $482,857 invested. Return on cash invested prints 20.76% in year one, and rental yield reads 7.77% against a $1,490,300 entry. Equity gained on principal adds $9,617/yr, while 5% annual appreciation compiles into $411,742 by year five. Five-year ROI reaches 107.55% and total cumulative return in cash sums $519,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,653/mo property income covering a $7,294/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
$278 monthly HOA
Neighborhood data shown for ZIP Code: 92264, Palm Springs, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,232 (100%) |
| Owner Occupied HU | 7,604 (44.1%) |
| Renter Occupied HU | 3,765 (21.8%) |
| Vacant Housing Units | 5,863 (34.0%) |
| Median Home Value | $783,643 |
| Average Home Value | $857,965 |
Residential
14,188
Single Family
13,345
Multi-Family
843
Businesses
690
Date | Event | Price |
|---|---|---|
| 2024-06-20 | Price change | $1,490,300 |
| 2024-05-23 | Price change | $1,485,900 |
| 2024-05-14 | Price change | $1,455,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Courtney M Pavelak • Shine RE Sales & Marketing Inc
Mls Name: Palm Springs Regional AOR
Mls Provider:
Mls ID: #219107216
Disclaimer: Copyright Palm Springs Regional Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.