111 Canyon Rock RdPalm SpringsCA92264
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palm Springs at 111 Canyon Rock Rd, Palm Springs, CA, 92264 earns $8/mo cash flow from $4,889/mo rent with a $3,862/mo payment. Total monthly income totals $4,889/mo, and annual cash flow totals $94/yr on $259,581 capital. ROI tracks 20.1% on current figures, and rental yield reads 7.44% at a $789,000 purchase. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 over five years. Five-year ROI reaches 103.8% and total cumulative return in cash sums $269,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,889/mo property income instead of your personal income.
Single Family
Built in 1951
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92264, Palm Springs, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,188
Single Family
13,345
Multi-Family
843
Businesses
690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles Banfield • Realty Trust
Mls Name: CRMLS
Mls ID: #219136319PS