2568 Cheryl PlPalm 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 2568 Cheryl Pl, Palm Springs, CA, 92262 earns $3,474/mo cash flow from $8,556/mo rent with a $3,720/mo payment. Total monthly income totals $8,556/mo, and annual cash flow totals $41,689/yr on $250,040 capital. ROI tracks 36.73% on current figures, and rental yield reads 13.51% at a $759,999 purchase. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,974 over five years. Five-year ROI reaches 193.69% and total cumulative return in cash sums $484,309. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,556/mo property income instead of your personal income.
Single Family
Built in 2007
2,613 sqft lot
$N/A/sqft
$265 monthly 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: Russell Ireland • Compass
Mls Name: CLAW
Mls Provider:
Mls ID: #24-413593
Disclaimer: 2024 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 2024-01-24 14:45:40 PST. 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.