211 E Canyon Vista 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 211 E Canyon Vista Dr, Palm Springs, CA, 92264 earns from $4,370/mo rent with a $4,302/mo payment. Total monthly income totals $4,370/mo. ROI tracks 15.63% on current figures, and rental yield reads 5.97% at a $879,000 purchase. Equity gained on principal adds $5,672/yr, and 5% annual appreciation supports $242,851 over five years. Five-year ROI reaches 79.86% and total cumulative return in cash sums $230,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,370/mo property income instead of your personal income.
Condo
Built in 1966
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: Mike Johnson • BD Homes-The Paul Kaplan Group
Mls Name: CDAR/ Desert Area MLS
Mls ID: #219135928