17640 Corkill Rd #37Desert Hot SpringsCA92241
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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
Rental property for sale in Desert Hot Springs at 17640 Corkill Rd #37, Desert Hot Springs, CA, 92241 generates $1,127/mo in rent and, after a $729/mo payment, leaves $206/mo in cash flow. Total monthly income is $1,127/mo, and annual cash flow is $2,466/yr on $49,394 invested. Return on cash invested sits at 24.9% in year one, and rental yield is 9.08% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 129.64% and total cumulative return in cash sums $64,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,127/mo property income rather than buyer’s personal income.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92241, Desert Hot Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,279 (100%) |
| Owner Occupied HU | 3,079 (49.0%) |
| Renter Occupied HU | 858 (13.7%) |
| Vacant Housing Units | 2,342 (37.3%) |
| Median Home Value | $203,000 |
| Average Home Value | $332,688 |
Housing Distribution
Address Breakdown
Residential
4,503
Single Family
4,456
Multi-Family
47
Businesses
42
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Listed by: Kent Dewey • Four Winds Realty, Inc
Mls Name: CLAW
Mls ID: #25616833PS