32475 Date Palm Dr, Cathedral City, CA, 92234 | 3.5% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1400 sft

43651 Virginia Ave, Palm Desert, CA, 92211

2 Bed
2 Bath
2104 sft

311 Westlake Ter, Palm Springs, CA, 92264

3 Bed
4 Bath
2726 sft

75940 Nelson Ln, Palm Desert, CA, 92211

2 Bed
2 Bath
979 sft

5301 E Waverly Dr UNIT 146, Palm Springs, CA, 92264

Nearby investment properties with comparable prices

4 Bed
5 Bath
2979 sft

81297 Cantor Ct, La Quinta, CA, 92253

4 Bed
5 Bath
4400 sft

48700 N View Dr, Palm Desert, CA, 92260

3 Bed
4 Bath
2735 sft

61030 Desert Rose Dr, La Quinta, CA, 92253

3 Bed
4 Bath
2270 sft

48540 Capistrano Way, La Quinta, CA, 92253

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Cathedral City at 32475 Date Palm Dr, Cathedral City, CA, 92234 offers $4,907/mo rent that, after a $8,223/mo payment. Total monthly income is $4,907/mo. Return on cash invested measures 8.28% in year one, and rental yield stands at 3.5% at a $1,680,000 entry. Equity gained on principal adds $10,841/yr while 5% annual appreciation compounds into $464,153 by year five. Five-year ROI records 40.35% and total cumulative return in cash reaches $219,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,907/mo property income versus a $8,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1991

N/A 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