11351 Pomelo DrDesert Hot SpringsCA92240
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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 Desert Hot Springs at 11351 Pomelo Dr, Desert Hot Springs, CA, 92240 uses $165,750 cash to close to unlock $4,046/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $3,430/mo, and a $2,447/mo payment keeps the spread at $337/mo. Purchase price stands at $499,999, and rental yield measures 8.23% with $3,430/mo rent. Return on cash invested shows 22.35% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 115.94% and total cumulative return in cash records $192,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,430/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2006
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92240, Desert Hot Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,594 (100%) |
| Owner Occupied HU | 7,828 (50.2%) |
| Renter Occupied HU | 6,139 (39.4%) |
| Vacant Housing Units | 1,627 (10.4%) |
| Median Home Value | $337,088 |
| Average Home Value | $477,508 |
Housing Distribution
Address Breakdown
Residential
14,161
Single Family
13,172
Multi-Family
989
Businesses
496
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Listed by: Allison Lintell • Redfin Corporation
Mls Name: CRMLS
Mls ID: #219133722DA