29555 Sandy CtCathedral 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
Investment property for sale in Cathedral City at 29555 Sandy Ct, Cathedral City, CA, 92234 uses $162,104 cash to close to unlock $712/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $3,084/mo, and a $2,393/mo payment keeps the spread at $59/mo. Purchase price stands at $489,000, and rental yield measures 7.57% with $3,084/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 105.21% and total cumulative return in cash records $170,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,084/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 1999
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: Michael Layton • PS Agent
Mls Name: CRMLS
Mls ID: #219138231DA