149 E Desert Falls DrPalm 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 149 E Desert Falls Dr, Palm Desert, CA, 92211 priced at $455,000 pairs $4,194/mo rent with $1,379/mo cash flow after a $2,227/mo payment. Total monthly income equals $4,194/mo, and annual cash flow comes to $16,551/yr on $150,833 invested. Return on cash invested is 30.88% in year one, and rental yield stands at 11.06% on a $455,000 basis. Equity gained on principal adds $2,936/yr, and 5% annual appreciation accumulates to $125,708 by year five. Five-year ROI measures 161.7% and total cumulative return in cash reaches $243,904. For financing, Ziffy Mortgage’s DSCR program evaluates $4,194/mo property income against a $2,227/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
1,792 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: Cory Alan • eXp Realty of California, Inc
Mls Name: CRMLS
Mls ID: #219141873PS