274 Mayfair WayPalm 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 274 Mayfair Way, Palm Springs, CA, 92264 at $1,087,000 posts ROI 10.36% with from $3,786/mo rent. Total monthly income equals $3,786/mo. Return on cash invested measures 10.36% and rental yield reads 4.18% at the current $1,087,000. Equity gained on principal adds $7,014/yr, and 5% annual appreciation supports $300,318 by year five. Five-year ROI prints 51.53% and total cumulative return in cash totals $181,482. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,786/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2021
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: Christopher Bale • Equity Union
Mls Name: CLAW
Mls ID: #26636121PS