16650 Palm 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
Investment property for sale in Desert Hot Springs at 16650 Palm Dr, Desert Hot Springs, CA, 92240 earns $682/mo cash flow from $4,394/mo rent with a $2,937/mo payment. Total monthly income totals $4,394/mo, and annual cash flow totals $8,184/yr on $197,400 capital. ROI tracks 24.21% on current figures, and rental yield reads 8.79% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 125.84% and total cumulative return in cash sums $248,412. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,394/mo property income instead of your personal income.
Single Family
Built in 1983
N/A 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: Ronald Cahill • HomeSmart
Mls Name: Palm Springs Regional AOR
Mls Provider:
Mls ID: #219102183
Disclaimer: Copyright Palm Springs Regional Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.