17080 Covey StNorth 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 17080 Covey St, North Palm Springs, CA, 92258 listed at $449,000 pairs $2,906/mo rent with a $2,198/mo payment to leave $128/mo cash flow. Total monthly income runs $2,906/mo, and annual cash flow reaches $1,536/yr on $148,844 cash to close. Return on cash invested measures 20.94% in year one, and rental yield registers 7.77% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 108.41% and total cumulative return in cash totals $161,356. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,906/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
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: Matt Roth • MATT ROTH
Mls Name: SDMLS
Mls ID: #250034747