13423 Ramona 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
Rental property for sale in Desert Hot Springs at 13423 Ramona Dr, Desert Hot Springs, CA, 92240 generates $2,629/mo in rent and, after a $1,444/mo payment, leaves $804/mo in cash flow. Total monthly income is $2,629/mo, and annual cash flow is $9,647/yr on $97,793 invested. Return on cash invested sits at 29.77% in year one, and rental yield is 10.69% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 155.73% and total cumulative return in cash sums $152,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,629/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
7,405 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: John F. Hogan • Iconic Properties Inc.
Mls Name: CLAW
Mls ID: #25626053