141 Desert Falls CirPalm DesertCA92211
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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 Palm Desert at 141 Desert Falls Cir, Palm Desert, CA, 92211 priced at $417,000 pairs $4,063/mo rent with $1,483/mo cash flow after a $2,041/mo payment. Total monthly income equals $4,063/mo, and annual cash flow comes to $17,800/yr on $138,236 invested. Return on cash invested is 32.79% in year one, and rental yield stands at 11.69% on a $417,000 basis. Equity gained on principal adds $2,691/yr, and 5% annual appreciation accumulates to $115,209 by year five. Five-year ROI measures 171.9% and total cumulative return in cash reaches $237,625. For financing, Ziffy Mortgage’s DSCR program evaluates $4,063/mo property income against a $2,041/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
4,000 sqft lot
$N/A/sqft
No 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
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Listed by: Gina May Nestande • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #219139075DA