29470 Highway 243 #17Mountain CenterCA92561
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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 Mountain Center at 29470 Highway 243 #17, Mountain Center, CA, 92561 earns $689/mo cash flow from $1,920/mo rent with a $974/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $8,267/yr on $65,969 capital. ROI tracks 32.44% on current figures, and rental yield reads 11.58% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 170.04% and total cumulative return in cash sums $112,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92561, Mountain Center, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 743 (63.9%) |
| Renter Occupied HU | 164 (14.1%) |
| Vacant Housing Units | 256 (22.0%) |
| Median Home Value | $703,457 |
| Average Home Value | $756,470 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
648
Multi-Family
75
Businesses
37
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Nearby investment properties with comparable prices
Listed by: Ashley M Stewart • Idyllwild Realty
Mls Name: Palm Springs Regional AOR
Mls Provider:
Mls ID: #219122026
Disclaimer: Copyright Palm Springs Regional Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.