2820 N Arcadia Ct #104Palm SpringsCA92262
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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 2820 N Arcadia Ct #104, Palm Springs, CA, 92262 offers a 9.57% rental yield on a $196,500 purchase with $1,567/mo rent. 4% in year one. Equity gained on principal adds $1,268/yr while 5% annual appreciation supports $54,289 over five years. Portfolio math shows five-year ROI at 87.67% and total cumulative return in cash at $57,109. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,567/mo property income against a $962/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
$515 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
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Listed by: Penny Hildebrand • HomeSmart
Mls Name: CDAR/ Desert Area MLS
Mls Provider:
Mls ID: #219129818
Disclaimer: Copyright California Desert Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.