115 E Desert Falls DrPalm DesertCA92211
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 Desert at 115 E Desert Falls Dr, Palm Desert, CA, 92211 offers a 8.73% rental yield on a $385,200 purchase with $2,803/mo rent. 72% in year one. Equity gained on principal adds $2,486/yr while 5% annual appreciation supports $106,424 over five years. Portfolio math shows five-year ROI at 93.36% and total cumulative return in cash at $119,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,803/mo property income against a $1,885/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
2,395 sqft lot
$N/A/sqft
$608 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92211, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,662 (100%) |
| Owner Occupied HU | 10,925 (52.9%) |
| Renter Occupied HU | 3,408 (16.5%) |
| Vacant Housing Units | 6,329 (30.6%) |
| Median Home Value | $670,705 |
| Average Home Value | $749,259 |
Housing Distribution
Address Breakdown
Residential
18,789
Single Family
17,457
Multi-Family
1,332
Businesses
1,343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A