17069 N Indian Canyon Dr #42North Palm SpringsCA92258
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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 North Palm Springs at 17069 N Indian Canyon Dr #42, North Palm Springs, CA, 92258 listed at $125,000 pairs $996/mo rent with a $612/mo payment to leave $223/mo cash flow. Total monthly income runs $996/mo, and annual cash flow reaches $2,670/yr on $41,438 cash to close. Return on cash invested measures 26.35% in year one, and rental yield registers 9.56% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 137.45% and total cumulative return in cash totals $56,957. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $996/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92258, North Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 349 (100%) |
| Owner Occupied HU | 195 (55.9%) |
| Renter Occupied HU | 129 (37.0%) |
| Vacant Housing Units | 25 ( 7.2%) |
| Median Home Value | $259,783 |
| Average Home Value | $230,167 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
79
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Listed by: David De Gracia • HomeSmart
Mls Name: CRMLS
Mls ID: #219132601DA