175 Mustang LnPalm SpringsCA92262
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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 Palm Springs at 175 Mustang Ln, Palm Springs, CA, 92262 with 5% annual appreciation on a $1,003,298 basis while $8,153/mo rent supports operations. Total monthly income totals $8,153/mo and a $4,911/mo payment preserves $1,946/mo for cash returns. Annual cash flow comes to $23,353/yr on $325,069 deployed, and return on cash invested reaches 27.55% in year one. Equity gained on principal adds $6,474/yr, and five-year appreciation sums $277,193 alongside rental yield of 9.75%. Five-year ROI measures 143.75% and total cumulative return in cash totals $467,275.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,153/mo property income versus a $4,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
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 • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A