2497 Shore Isle AveThermalCA92274
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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 Thermal at 2497 Shore Isle Ave, Thermal, CA, 92274 priced at $308,000 converts $2,203/mo rent into $297/mo cash flow after a $1,508/mo obligation. Total monthly income equals $2,203/mo, and annual cash flow totals $3,566/yr on $102,102 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 8.58% against a $308,000 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation compiles into $85,095 by year five. Five-year ROI reaches 121.61% and total cumulative return in cash sums $124,168. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,203/mo property income covering a $1,508/mo payment, not borrower’s personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92274, Thermal, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 3,250 (49.8%) |
| Renter Occupied HU | 2,369 (36.3%) |
| Vacant Housing Units | 909 (13.9%) |
| Median Home Value | $168,768 |
| Average Home Value | $329,487 |
Housing Distribution
Address Breakdown
Residential
4,615
Single Family
4,615
Multi-Family
0
Businesses
226
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Listed by: Alyssa A Leos • HomeSmart
Mls Name: Greater Palm Springs Realtors
Mls ID: #219138554