16675 Florence Dr, Desert Hot Springs, CA, 92240 | $983/mo Cash Flow

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Desert Hot Springs at 16675 Florence Dr, Desert Hot Springs, CA, 92240 offers a 11% rental yield on a $329,900 purchase with $3,024/mo rent. Total monthly income registers $3,024/mo, and a $1,615/mo payment leaves $983/mo available for distribution. Annual cash flow reaches $11,795/yr on $109,362 to close, and return on cash invested stands at 30.69% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 160.67% and total cumulative return in cash at $175,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,024/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1973

7,405 sqft 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