2220 N Paseo De AnzaPalm SpringsCA92262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2220 N Paseo De Anza, Palm Springs, CA, 92262 uses $212,041 cash to close to unlock $15,426/yr annual cash flow and $1,286/mo monthly cash flow. Total monthly income runs $5,273/mo, and a $3,155/mo payment keeps the spread at $1,286/mo. Purchase price stands at $644,500, and rental yield measures 9.82% with $5,273/mo rent. Return on cash invested shows 27.34% in year one, and 5% annual appreciation builds toward $178,063 over five years. Five-year ROI reaches 142.64% and total cumulative return in cash records $302,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,273/mo property income covering a $3,155/mo payment rather than investor’s personal income.
Single Family
Built in 2000
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #25555179PS