191 Geronimo StPalm SpringsCA92264
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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 Palm Springs at 191 Geronimo St, Palm Springs, CA, 92264 priced at $179,900 converts $1,405/mo rent into $292/mo cash flow after a $881/mo obligation. Total monthly income equals $1,405/mo, and annual cash flow totals $3,500/yr on $59,637 invested. Return on cash invested prints 25.78% in year one, and rental yield reads 9.37% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 134.33% and total cumulative return in cash sums $80,109. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,405/mo property income covering a $881/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92264, Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,232 (100%) |
| Owner Occupied HU | 7,604 (44.1%) |
| Renter Occupied HU | 3,765 (21.8%) |
| Vacant Housing Units | 5,863 (34.0%) |
| Median Home Value | $783,643 |
| Average Home Value | $857,965 |
Housing Distribution
Address Breakdown
Residential
14,188
Single Family
13,345
Multi-Family
843
Businesses
690
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Listed by: Tony Banuelos • Equity Union
Mls Name: CRMLS
Mls ID: #219139143PS