2702 Via Calderia, Palm Desert, CA, 92260 | $979/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2702 Via Calderia, Palm Desert, CA, 92260 | $979/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palm Desert at 2702 Via Calderia, Palm Desert, CA, 92260 earns $979/mo cash flow from $2,767/mo rent with a $1,415/mo payment. Total monthly income totals $2,767/mo, and annual cash flow totals $11,744/yr on $95,804 capital. ROI tracks 32.17% on current figures, and rental yield reads 11.49% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 168.58% and total cumulative return in cash sums $161,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,767/mo property income instead of your personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Villa Portofino, the desert's premier 55+ community located in the heart of Palm Desert. This beautifully updated 960 sq. ft. condo offers 1 bedroom and 1 bathroom and is move-in ready with numerous upgrades. Features include fresh interior paint, new carpet, high coffered ceilings, a cozy fireplace, wet bar, custom closet organizers, and a bathroom with separate tub and shower plus dual vanities and in unit washer and dryer. The chef's kitchen showcases solid maple cabinetry and stainless steel appliances. Enjoy relaxing or entertaining on the spacious private patio. Additional benefits include dedicated covered parking and a brand-new HVAC system.Villa Portofino residents enjoy access to a 30,000 sq. ft. clubhouse offering resort-caliber amenities: an on-site movie theater, bistro, lap pool, spa, billiards room, yoga studio, fitness center, banquet facilities, concierge services, conference room, private dining room, and more. The community hosts a full calendar of social events and is ideally situated just minutes from Eisenhower Medical Center, El Paseo, The McCallum Theatre, The River in Rancho Mirage, Whole Foods, and other top local destinations.

Neighborhood Data

Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,760 (100%)
Owner Occupied HU	9,676 (44.5%)
Renter Occupied HU	5,739 (26.4%)
Vacant Housing Units	6,345 (29.2%)
Median Home Value	$637,429
Average Home Value	$680,264