12216 Dave AveDesert Hot SpringsCA92240
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 Desert Hot Springs at 12216 Dave Ave, Desert Hot Springs, CA, 92240 earns from $3,676/mo rent with a $4,160/mo payment. Total monthly income totals $3,676/mo. ROI tracks 13.27% on current figures, and rental yield reads 5.19% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 67.23% and total cumulative return in cash sums $188,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,676/mo property income instead of your personal income.
Single Family
Built in 2025
0.72 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy High • Cherie Miller & Associates
Mls Name: CRMLS
Mls ID: #219138034PS