32660 San Miguelito DrThousand PalmsCA92276
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 Thousand Palms at 32660 San Miguelito Dr, Thousand Palms, CA, 92276 generates $1,975/mo in rent and, after a $1,027/mo payment, leaves $677/mo in cash flow. Total monthly income is $1,975/mo, and annual cash flow is $8,123/yr on $69,582 invested. Return on cash invested sits at 31.58% in year one, and rental yield is 11.29% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 165.43% and total cumulative return in cash sums $115,112. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,975/mo property income rather than buyer’s personal income.
Manufactured
Built in 1978
5,662 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: Raul Leanos • Windermere Real Estate
Mls Name: CRMLS
Mls ID: #219139313DA