1661 Olga WayPalm SpringsCA92262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1661 Olga Way, Palm Springs, CA, 92262 at $776,400 posts ROI 23.57% with $746/mo cash flow from $5,623/mo rent. Total monthly income equals $5,623/mo, and annual cash flow records $8,957/yr on $255,436 to close. Return on cash invested measures 23.57% and rental yield reads 8.69% at the current $776,400. Equity gained on principal adds $5,010/yr, and 5% annual appreciation supports $214,505 by year five. Five-year ROI prints 122.55% and total cumulative return in cash totals $313,034.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,623/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A