147 Vista De OestePalm SpringsCA92264
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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 Springs at 147 Vista De Oeste, Palm Springs, CA, 92264 offers $1,498/mo rent that, after a $954/mo payment, leaves $292/mo cash flow. Total monthly income is $1,498/mo, and annual cash flow is $3,505/yr on $64,643 cash. Return on cash invested measures 25.33% in year one, and rental yield stands at 9.22% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 131.98% and total cumulative return in cash reaches $85,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,498/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1972
3,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92264, Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,232 (100%) |
| Owner Occupied HU | 7,604 (44.1%) |
| Renter Occupied HU | 3,765 (21.8%) |
| Vacant Housing Units | 5,863 (34.0%) |
| Median Home Value | $783,643 |
| Average Home Value | $857,965 |
Housing Distribution
Address Breakdown
Residential
14,188
Single Family
13,345
Multi-Family
843
Businesses
690
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Listed by: Scott Stcyr • Bennion Deville Homes
Mls Name: CRMLS
Mls ID: #219139722DA