32222 Cody AveThousand PalmsCA92276
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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 Thousand Palms at 32222 Cody Ave, Thousand Palms, CA, 92276 uses $60,333 cash to close to unlock $3,575/yr annual cash flow and $298/mo monthly cash flow. Total monthly income runs $1,424/mo, and a $891/mo payment keeps the spread at $298/mo. Purchase price stands at $182,000, and rental yield measures 9.39% with $1,424/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 134.61% and total cumulative return in cash records $81,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,424/mo property income covering a $891/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92276, Thousand Palms, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,724 (100%) |
| Owner Occupied HU | 2,144 (57.6%) |
| Renter Occupied HU | 721 (19.4%) |
| Vacant Housing Units | 859 (23.1%) |
| Median Home Value | $258,036 |
| Average Home Value | $312,063 |
Housing Distribution
Address Breakdown
Residential
3,461
Single Family
3,381
Multi-Family
80
Businesses
267
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Listed by: Mary Green • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #219137672DA