3293 N Mica DrPalm SpringsCA92262
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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
Rental property for sale in Palm Springs at 3293 N Mica Dr, Palm Springs, CA, 92262 priced at $560,000 pairs $3,338/mo rent with after a $2,741/mo payment. Total monthly income equals $3,338/mo. Return on cash invested is 19.24% in year one, and rental yield stands at 7.15% on a $560,000 basis. Equity gained on principal adds $3,614/yr, and 5% annual appreciation accumulates to $154,718 by year five. Five-year ROI measures 99.21% and total cumulative return in cash reaches $182,777. For financing, Ziffy Mortgage’s DSCR program evaluates $3,338/mo property income against a $2,741/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92262, Palm Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,725 (100%) |
| Owner Occupied HU | 8,475 (43.0%) |
| Renter Occupied HU | 6,025 (30.5%) |
| Vacant Housing Units | 5,225 (26.5%) |
| Median Home Value | $778,535 |
| Average Home Value | $846,527 |
Housing Distribution
Address Breakdown
Residential
15,931
Single Family
14,634
Multi-Family
1,297
Businesses
1,444
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Listed by: Anna Sadowska • Crissanna Luxury Real Estate
Mls Name: CLAW
Mls ID: #25-487549