28325 Avenida CondesaCathedral CityCA92234
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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 Cathedral City at 28325 Avenida Condesa, Cathedral City, CA, 92234 priced at $799,999 pairs $6,577/mo rent with $1,628/mo cash flow after a $3,916/mo payment. Total monthly income equals $6,577/mo, and annual cash flow comes to $19,532/yr on $263,200 invested. Return on cash invested is 27.48% in year one, and rental yield stands at 9.87% on a $799,999 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $221,025 by year five. Five-year ROI measures 143.41% and total cumulative return in cash reaches $377,443. For financing, Ziffy Mortgage’s DSCR program evaluates $6,577/mo property income against a $3,916/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92234, Cathedral City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,545 (100%) |
| Owner Occupied HU | 12,100 (51.4%) |
| Renter Occupied HU | 6,816 (28.9%) |
| Vacant Housing Units | 4,629 (19.7%) |
| Median Home Value | $574,412 |
| Average Home Value | $608,642 |
Housing Distribution
Address Breakdown
Residential
20,456
Single Family
18,885
Multi-Family
1,571
Businesses
990
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Listed by: Zeus Chan • Desert Bloom Realty
Mls Name: CRMLS
Mls ID: #219137222DA