2011 E Colombard DrPalm 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
Investment property for sale in Palm Springs at 2011 E Colombard Dr, Palm Springs, CA, 92264 listed at $422,000 pairs $3,581/mo rent with a $2,065/mo payment to leave $323/mo cash flow. Total monthly income runs $3,581/mo, and annual cash flow reaches $3,871/yr on $139,893 cash to close. Return on cash invested measures 22.68% in year one, and rental yield registers 10.18% at a $422,000 basis. Equity gained on principal adds $2,723/yr, and annual property appreciation at 5% supports $116,591 by year five. Five-year ROI tracks 119.69% and total cumulative return in cash totals $167,435. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,581/mo property income relative to a $2,065/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
1,476 sqft lot
$N/A/sqft
$636 monthly 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: Walter Barnes • Bennion Deville Homes
Mls Name: CLAW
Mls Provider:
Mls ID: #25570609PS
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-10-30 21:04:40 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.