326 Paseo PrimaveraPalm DesertCA92260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 326 Paseo Primavera, Palm Desert, CA, 92260 priced at $509,000 pairs $4,222/mo rent with $1,074/mo cash flow after a $2,491/mo payment. Total monthly income equals $4,222/mo, and annual cash flow comes to $12,882/yr on $167,461 invested. Return on cash invested is 27.75% in year one, and rental yield stands at 9.95% on a $509,000 basis. Equity gained on principal adds $3,285/yr, and 5% annual appreciation accumulates to $140,627 by year five. Five-year ROI measures 144.88% and total cumulative return in cash reaches $242,617. For financing, Ziffy Mortgage’s DSCR program evaluates $4,222/mo property income against a $2,491/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
2,605 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92260, Palm Desert, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,760 (100%) |
| Owner Occupied HU | 9,676 (44.5%) |
| Renter Occupied HU | 5,739 (26.4%) |
| Vacant Housing Units | 6,345 (29.2%) |
| Median Home Value | $637,429 |
| Average Home Value | $680,264 |
Housing Distribution
Address Breakdown
Residential
18,983
Single Family
17,282
Multi-Family
1,701
Businesses
1,827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Eide • Century 21 Affiliated Fine Homes & Estates
Mls Name: CRMLS
Mls ID: #219137408DA