1310 E Del Mar WayPalm SpringsCA92262
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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 Palm Springs at 1310 E Del Mar Way, Palm Springs, CA, 92262 offers a 9.87% rental yield on a $599,999 purchase with $4,937/mo rent. Total monthly income registers $4,937/mo, and a $2,937/mo payment leaves $1,225/mo available for distribution. Annual cash flow reaches $14,700/yr on $197,400 to close, and return on cash invested stands at 27.51% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 143.54% and total cumulative return in cash at $283,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,937/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92262, Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,725 (100%) |
| Owner Occupied HU | 8,475 (43.0%) |
| Renter Occupied HU | 6,025 (30.5%) |
| Vacant Housing Units | 5,225 (26.5%) |
| Median Home Value | $778,535 |
| Average Home Value | $846,527 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
14,634
Multi-Family
1,297
Businesses
1,444
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Listed by: C Muldoon Luxury Group • Equity Union
Mls Name: CRMLS
Mls ID: #219139226DA