12273 Spruce StDesert 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 12273 Spruce St, Desert Hot Springs, CA, 92240 uses $222,075 cash to close to unlock $13,453/yr annual cash flow and $1,121/mo monthly cash flow. Total monthly income runs $5,297/mo, and a $3,304/mo payment keeps the spread at $1,121/mo. Purchase price stands at $675,000, and rental yield measures 9.42% with $5,297/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 136.11% and total cumulative return in cash records $302,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,297/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.52 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
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Listed by: Brett Varon • Sunset Pacific Real Estate Inc.
Mls Name: CRMLS
Mls ID: #PW25275013