285 Desert Falls Dr EPalm DesertCA92211
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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 Palm Desert at 285 Desert Falls Dr E, Palm Desert, CA, 92211 priced at $392,000 pairs $3,352/mo rent with $927/mo cash flow after a $1,919/mo payment. Total monthly income equals $3,352/mo, and annual cash flow comes to $11,120/yr on $129,948 invested. Return on cash invested is 28.47% in year one, and rental yield stands at 10.26% on a $392,000 basis. Equity gained on principal adds $2,530/yr, and 5% annual appreciation accumulates to $108,302 by year five. Five-year ROI measures 148.72% and total cumulative return in cash reaches $193,260. For financing, Ziffy Mortgage’s DSCR program evaluates $3,352/mo property income against a $1,919/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92211, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,662 (100%) |
| Owner Occupied HU | 10,925 (52.9%) |
| Renter Occupied HU | 3,408 (16.5%) |
| Vacant Housing Units | 6,329 (30.6%) |
| Median Home Value | $670,705 |
| Average Home Value | $749,259 |
Housing Distribution
Address Breakdown
Residential
18,789
Single Family
17,457
Multi-Family
1,332
Businesses
1,343
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Listed by: Lynn Flaherty • Showcase Homes, Inc.
Mls Name: CRMLS
Mls ID: #219138643DA